Plus500 Review
Updated regularly · Independent ratings
Overall Rating
4.5 / 5
Fees
4.3 / 5
Safety
4.7 / 5
Platforms
4.1 / 5
Education
4.4 / 5
Min. deposit
$100
ForexCFDsPlatforms: Plus500 Moboile App, Plus500 Web PlatformRegulators: FCA (United Kingdom), ASIC (Australia), FMA (New Zealand), CySEC (Cyprus), FSCA (South Africa), EFSA (Estonian), DFSA (United Arab Emirates), JSFA (Japan), FSA (Seychelles), MAS (Singapore), SCB (Bahamas), CIRO (Canada), ISA (Isreal)
Our verdict
Plus500 at a glance
✓ Best for
- ●Strong global regulatory oversight
- ●Listed on the stock exchange
- ●Broad global market access through CFDs
✗ Not ideal for
- ●Product offering limited to CFDs
- ●High overnight financing rate
- ●No support for TradingView, MT4, MT5, and cTrader
Pros & Cons
Pros
- +Strong global regulatory oversight
- +Listed on the stock exchange
- +Broad global market access through CFDs
- +Fast and easy account opening
- +Multiple fast and secure payment methods
- +Low minimum deposit
- +Negative balance protection
- +Demo account available for practice trading
- +Low forex trading fees
- +Free deposit and withdrawal
- +Islamic (swap-free) accounts available
- +User-friendly mobile and web platforms
- +Great educational resources for all levels of traders
- +An inactivity fee is charged only if you do not log in to the platform
- +Good customer support service
Cons
- −Product offering limited to CFDs
- −High overnight financing rate
- −No support for TradingView, MT4, MT5, and cTrader
- −Restrictions on trading strategies
- −No integrated social, copy, and PAMM trading features
- −Research tools are fairly basic