Plus500 Trading

4.8 / 5

Used by 155,000+ traders

Plus500 Trading

  • Used by 155,000+ traders
  • Established in 2008
  • Regulated by Financial Conduct Authority (FRN 509909) and Cyprus Securities and Exchange Commission (License No. 250/14)
  • Min. deposit from $100
  • The Plus500 trading platform is available not only as a web-based trading platform but also as a mobile trading app for traders who wants to trade using their smartphones or mobile devices.
  • Allows you to close a trade automatically once it reaches the designated profit level.
  • Apart from offering CFDs for traditional instruments such as forex, commodities, stocks, and indices

Pros

  • Free Demo Account
  • Regulated in Multiple Jurisdictions
  • User Friendly Trading Platform
  • Wide range of trading assets
  • Great Mobile Platform

Cons

  • No MetaTrader Trading Platforms
  • No Trading Education Support

Plus500 Trading info

Name Plus500 Trading
Established 2008
Location Israel
Minimum Deposit $100
Support Options While the support service at Plus500 is available 24/7, it is only available through email or live chat. So although their website is available in 31 different languages, there is no telephone support
Deposit Options credit cards, bank transfers, Paypal and Skrill.
Withdrawal Options credit cards, bank transfers, Paypal and Skrill.
Plus500 Trading Review Plus500 Offer CFD trades via the popular Webtrader online trading platform. With tight spreads and no commission, they are a leading global brand.
Plus500 Trading Accepted Countries Australia, United Kingdom, South Africa, Hong Kong, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries
Plus500 Trading Leverage: 1:30
Plus500 Trading Regulators: FCA, CySEC, ASIC

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Plus500  BONUSES 

Recent regulatory changes have meant that Plus500 have ended all sign up, or deposit bonuses. Regulators feel that these types of bonus encourage over trading, or larger deposits. As a regulated firm, Plus500 have adhered to the new guidelines and no longer offer any bonus or promotions

No Need To Pay Commission For Trading>> Get Your Bonus

Plus500 is an CFD Service. Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909). Plus500CY LTD is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14). Plus500AU Pty Ltd, ACN 153 301 681, AFSL # 417727, issued by the Australian Securities and Investments Commission is authorized to issue these products to Australian residents. Derivatives issuer licence in New Zealand, FSP #. 486026 authorises us to issue these products to New Zealand residents. Plus500AU Pty Ltd, is also an authorized Financial Services Provider in South Africa, FSP 47546. You do not own or have any rights to the underlying assets. Please consider the Disclosure documents available on Plus500’s websites.

Regulation & Reputation

Since its inception in 2008, Plus500 has earned a reputation among traders in the online community as being a broker that is reliable and trusted. Being a public listed company on the London Stock Exchange (AIM) also helps to bolster the broker’s reputation as being financially stable. In terms of regulatory oversight, Plus500 subsidiaries are regulated by several regulatory agencies:

Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).
Plus500CY Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14).
Plus500AU Pty Ltd, ACN 153 301 681, AFSL # 417727, issued by the Australian Securities and Investments Commission is authorised to issue these products to Australian residents. Derivatives issuer licence in New Zealand, FSP #. 486026 authorises us to issue these products to New Zealand residents. Plus500AU Pty Ltd, is also an authorised Financial Services Provider in South Africa, FSP 47546.

With subsidiaries as regulated entities under the UK’s FCA and CySEC, Plus500 is able to work with traders from Europe and the UK. Clients can therefore take advantage of the benefits of being protected under the Financial Services Compensation Scheme (FSCS) and Investors Compensation Scheme. For the former, traders in the UK can file a claim for compensation up to a maximum of £50,000. For the latter, the maximum amount which can be claimed under the compensation scheme is €20,000.

Trading Platforms

Although Plus500 uses a proprietary trading platform, the trading platform is able to cater to the different needs of the broker’s international clientele base, as it is available across several different versions. There is a desktop version of the trading platform which Plus500’s traders can download and install onto their computers.

For those who wish to trade directly from the internet, Plus500 has also provided a web-based version of their trading platform which can be accessed with any web browser. The key difference between Plus500 trading platforms and the platforms provided by other brokers in the industry is the fact that Plus500 trading platforms work seamlessly with each other.

Plus500 Reliability

Having operated now for close to a decade, Plus500 has managed to carve a name for itself as a trustworthy and reliable broker. The broker has always prided itself on being in the forefront of market innovation. They are constantly introducing new products and services to meet their clients’ trading needs. However, Plus500’s reliability extends beyond the services that it is providing traders. The company is also a public listed company with a solid financial background on the main market of the London Stock Exchange. Finally, Plus500 abides by and complies with international laws and is regulated in 3 different jurisdictions namely UK, Cyprus and Australia.

There are also additional layers of protection which Plus500UK Ltd is able to offer to their clients. For example:

  • All client money is held in segregated client bank accounts in accordance with the Financial Conduct Authority’s client money rules.
  • Plus500UK Ltd uses its own money for hedging, it does not use client money for this purpose.
  • Plus500UK Ltd does not pass client money through to hedging counter-parties.
  • Plus500UK Ltd does not initiate speculative positions in the market.
  • Plus500UK Ltd has no exposure to corporate or sovereign debt.
  • Plus500UK Ltd does not invest the money in retail clients.

FAQs

What is the minimum deposit requirement to open a trading account?

The minimum deposit requirement at Plus500 is $100.

How fast can my withdrawal request be processed?

The typical processing time for a withdrawal request ranges from one business day to three business days.

Is Plus500 a reliable broker?

Yes. Plus500 is a reliable broker. They have been operational since 2008 and subsidiaries are regulated in several countries around the world including the UK and Australia.

What kind of trading platform does Plus500 have?

Plus500 uses a proprietary trading platform to provide their traders with access to the financial markets.

What is the maximum leverage available at Plus500?

The maximum leverage offered by Plus500 is 1:30 as per regulatory guidelines. Leverage varies by asse

Plus500 Trading App:

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