Plus500

Plus500 Review: A Trusted and Regulated CFD Broker

Plus500 is an established online brokerage firm that specializes in CFD trading. Since its inception in 2008, it has gained popularity among traders worldwide.

With over 300K monthly Google searches, Plus500 boasts a substantial user base. As of the first quarter of 2022, they had 176,642 active clients, demonstrating consistent growth from the previous quarter. These figures represent live clients actively trading on the platform and may vary over time.

Official Website

80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Platform and Tradable Assets

Our review of Plus500 reveals that it caters to experienced traders, offering a wide selection of underlying assets for CFD trading. The broker’s web-based trading platform is highly regarded among investors, and they also provide mobile apps for iOS, Android, and Windows devices, enabling convenient trading on tablets and smartphones. The trading platform supports various asset classes, including major and minor Forex pairs, commodities, stock market indexes, and shares from major stock exchanges through CFDs.

Crypto currency enthusiasts will find CFDs for popular coins such as Bitcoin, IOTA, Bitcoin Cash, NEO, and Ethereum available for trading. Please note that the availability of crypto trading is subject to regulations.

Funding and Account Details

Plus500 offers multiple funding methods for trading accounts, Mastercard and Visa debit/credit cards, wire transfer, PayPal, Skrill, Trustly and some local methods available only to specific regions like iDeal, BPay, Klarna, GiroPay. The minimum deposit requirement for a new trading account is $100.

Key Information:

• Licensed/Regulated: Yes
• Free Demo Account: Available
• App Reliability: Great
• Customer Support: Available
• Minimum Deposit: $100
• Is Plus500 a Legit Broker? Plus500 is a legitimate broker regulated in multiple countries. We confirm the legitimacy of brokers by verifying their licenses. Plus500 Ltd is listed on the Main Market section of the London Stock Exchange and holds licenses in various jurisdictions.

Plus500 Invest

Plus500 Invest is a distinct platform offered by the broker, separate from their CFD platform, designed specifically for stock trading. It provides traders with an alternative to CFD trading, focusing on direct ownership of shares. Notably, Plus500 Invest operates independently, requiring separate login credentials from the CFD platform. Traders using Plus500 Invest have the opportunity to purchase actual shares, allowing them to benefit from ownership and potential dividends. Commission rates for Plus500 Invest vary depending on the stock exchange being traded. For example, trading USA shares on the NYSE or Nasdaq incurs a commission rate of $0.006 per share, while UK shares on the London Stock Exchange are subject to a commission rate of 0.045% with a minimum fee of 2 GBP. Your Capital is at Risk.

Regulation and Licensing

• Plus500UK Ltd authorised & regulated by the FCA (#509909).
• Plus500CY Ltd authorized & regulated by CySEC (#250/14).
• Plus500SG Pte Ltd, licensed by the MAS (#CMS100648-1).
• Plus500AU Pty Ltd (ACN 153301681), licensed by: ASIC in Australia, AFSL #417727, FMA in New Zealand, FSP #486026; Authorised Financial Services Provider in South Africa, FSP #47546. You do not own or have any rights to the underlying assets. Consider if you fall within our Target Market Distribution. Please refer to the Disclosure documents available on the website.
• Plus500SEY Ltd authorized & regulated by the Seychelles Financial Services Authority (#SD039).
• Plus500EE AS is authorized and regulated by the Estonian Financial Supervision and Resolution Authority (Licence no. 4.1-1/18).
• Plus500AE Ltd is authorized and regulated by the Dubai Financial Services Authority (F005651).