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Plus500 Summary

Trust Rating AAWhat's this?

How BrokerNotes Trust Rating is Calculated:

Our trust rating takes into account a range of factors that influence a brokers reliability and reputation, These factors include how the broker is regulated, whether they use segregated bank accounts, their years in business, banking tiers, customer support offered, and much more.

 
  • Regulated by the Financial Conduct Authority, CySEC, ASIC and MiFID.
  • Used by over 60,000 traders
  • Over 8 years in business (established in 2008)
  • Uses tier 1 bank Barclays for holding client funds
  • Client deposits are held in segregated bank accounts

Up to £6,000 first deposit bonus!
T's & C's apply.

Start trading with Plus500 Open a practice account
Losses can exceed deposits. Your capital is at risk.

BROKERNOTES

#1 FEATURED BROKER
ETX Capital logo
  • Regulated by the Financial Conduct Authority
  • Used by 51,000+ traders
  • Tight spreads from 0.7 pips
Visit ETX Capital to start trading

Plus500 Review

Plus500
Trust Rating AA
  • Regulated by the Financial Conduct Authority, CySEC, ASIC and MiFID.
  • Used by over 60,000 traders
  • Over 8 years in business (established in 2008)
  • Uses tier 1 bank Barclays for holding client funds
Visit Plus500 to start trading
Plus500
83/ 100

Plus500 Review

Plus500 is a top CFD services provider which offers access to a wide variety of financial instruments including shares, forex, indices, ETFs and options. Plus500 offer tight spreads from as low as 0.01% of the currency pair price for forex pairs. It is easy to start trading with Plus500 with their wide variety of funding options including credit cards, Paypal, Skrill, wire transfers and online bank transfers coupled with their small minimum deposit of $100.

Plus500 is a popular choice amoungst UK traders with no commission on trades, leverage up to 294:1, margins from .25%, no deposit or withdrawal fees and regulation from the Financial Conduct Authority in the UK.

Plus500 is a great choice for people who like to trade on their mobile devices with their clean, easy to use apps and are one of the few brokers that offer an Apple watch app.

Plus500 offer a single trading platform, their easy-to-use and clutter free Plus500 WebTrader platform. The new 2016 Plus500 platform is intuitive and simple to use. It requires no download and works perfectly from your browser so will work for both PC and Mac users.

Plus500 is a popular choice for individuals looking for a trusted CFD broker who is regulated by the Financial Conduct Authority (UK).

Plus500 screenshot

Plus500 Spreads from (view all)

See all Plus500 spreads
  • Website

    Min. Deposit: £100

  • Services Offered:

    CFDs, Forex

    Min. Trade: Depends on trader

  • Instruments:

    Shares, Forex, Indices, Commodities, ETFs, Options, CFDs

    Max. Trade: Varies

  • Excluded countries:

    US, Canada some Arab and Middle eastern countries

    Margin: From 0.25 %

  • Platforms:

    Plus500 Trading Sotware, WebTrader

    Leverage: Shares 20:1, Indices 294:1, Forex 200:1, Commodities 150:1

  • Apps:

    iPhone, iPad, Apple watch

    Commission: None

  • Payment & withdrawal:

    Payment methods Payment methods Payment methods Payment methods

Plus500 Pros & Cons

Plus500 is known for their clutter free, simple and user friendly platform in over 20 different languages. For traders that want to minimise their risk, Plus500 offer a wide variety of risk management features including guaranteed stop loss, guaranteed limit order, price alerts and trailing stops.

Plus500 also offer very competitive fixed spreads. Although Plus500 charge an inactivity fee it is a small amount and only after 3 months of inactivity, basically if you make at least one trade every 3 months, you won't be charged the small $5 inactivity fee.

If you are an active trader you will have no problems, but if you do not plan on making at least one trade every 3 months, you may be charge a $5 inactivity fee.

Plus500 does not allow hedging or scalping which would make them unsuitable for traders that incorporate these methods into their trading strategy. Plus500 is not a DMA broker and do not offer VPS services and also do not allow automated trading activities.

  • No deposit or withdrawal fees
  • Offers tight fixed spreads
  • Has guaranteed stop losses & limit orders
  • Has trailing stops
  • No commission on trades
  • Available in 23+ languages
  • Offers price alerts
  • Generous welcome bonuses
  • $5 inactivity fee after 3 months inactivity
  • Does not have direct market access
  • Does not allow scalping
  • Does not offer EAs
  • Does not allow hedging

Plus500 Bonuses & Promotions

Up to £6,000 first deposit bonus!

Ts & Cs apply.Your capital is at risk, losses can exceed deposits. Claim this bonus & start trading
BROKERNOTES TOP PROMOTIONS
*T's & C's apply

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Financial spread bets and CFD trades are leveraged products, which means you could lose more than your deposits. If you’re hazy on exactly what that means, you shouldn’t trade.