Plus500 Review 2025

Plus500 is a trading platform hosted by Plus500 Ltd. It is an Israeli-founded, UK-based broking firm headquartered in London. The broker was established in 2008 and has grown to become one of the best CFD trading platforms. As a publicly traded company, Plus500 is listed on the UK’s London Stock Exchange. Furthermore, it is a member of the FTSE 250. 

This Plus500 review focuses on Plus500UK Ltd. However, it’s worth mentioning that the broker does not extend its CFD trading services to US clients. Only US individuals who are into futures trading will enjoy its services.

Our Opinion about Plus500

Plus500 is an easy-to-use CFD broker known for its global presence. With over 30 million registered clients across 60+ countries, this broker is trustworthy. Plus, it is licensed by Tier 1 authorities — a testament that it prioritises its users’ safety. For those asking, “Is Plus500 legit?” The answer is a confident yes. 

This broker has a fast account opening procedure that takes minutes to complete. While it doesn’t give access to third-party platforms, its proprietary trading platform has some of the best resources for skills and strategy development. 

When it comes to asset offerings, I discovered over 2,800 CFD instruments for UK clients. These include shares, forex, ETFs, commodities, indices, and options. Unfortunately, UK retail clients cannot trade cryptocurrency CFDs with this broker. Additionally, it doesn’t allow them to buy assets and take full ownership. 

Plus500 also stands out with its low trading fees. The zero-commission services, plus low spreads, make it a go-to platform for low-budget traders. Whether you deposit funds or make withdrawals, Plus500 doesn’t charge you for the service. 

I had an opportunity to gauge this broker’s support service team. This service is available 24/7, but note that there is no phone support. However, I must confess that my experience on the live chat, WhatsApp, and email was exciting. If you prefer brokers with simple trading tools, I highly recommend Plus500.

Here is a summary of the top features that make Plus500 stand out. 

Commissions and Fees

One thing I like about Plus500 is how transparent it is with its fees. This broker does not charge commissions for its CFD trading services. However, expect to pay spreads, which vary based on the asset you select. 

For instance, I traded various securities at Plus500. The spreads I incurred were low, especially when it came to indices and share CFDs. Overall, I rate this broker’s trading fees as average, considering that there are brokers that impose lower charges than Plus500.

Non-Trading Fees

Besides the trading fees, Plus500 has overnight funding fees. This applies if you leave your CFD position overnight. Additionally, you will incur currency conversion fees for all trades denominated in a different currency from that of your account. 

My tests also confirmed that you will incur an additional fee for using Plus500’s guaranteed stop-loss order. It is a risk management tool that closes trades at a specific required rate, thus mitigating massive losses. 

When it comes to inactivity charges, Plus500 imposes a £10 monthly fee for traders who have not logged into their accounts for over three months. 

Overall, Plus500 does not charge any fees for live share CFD prices. Other services you get to enjoy for free include real-time forex quotes, dynamic charts and graphs, and rolling your position. 

How Much Do I Need to Deposit to Start Trading on Plus500?

Getting started with Plus500 is easy, and you must deposit at least £100 to access its platform. This amount applies to UK clients, meaning the broker will not give you access to its listed securities if you deposit anything less than £100. 

The good news is that depositing and withdrawing funds at Plus500 is free. Moreover, the broker allows users to transact using multiple payment methods like PayPal, bank transfers, Skrill, Apple Pay, Google Pay, and more.  

Feature	Fee
Minimum Deposit Requirement	£100
Commissions/Spreads	From 0.0 pips
Deposits/Withdrawals	Free
Inactivity Fee	£10 monthly

Is Plus500 Safe & Regulated?

Some of the common terms new traders search for when looking for brokers are “Is Plus 500 legit? Can Plus500 be trusted? Is Plus500 a good broker? ” Well, to put any doubt to bed, Plus500 is safe. It is a public company listed on the London Stock Exchange (LSE). 

Plus500 is also a member of the FTSE 250 and is subject to public scrutiny. These features show how transparent and accountable the broker is, thus earning trust from its users. 

I like that Plus500 is regulated by reputable financial authorities across the globe. In the UK, its activities are overseen by the Financial Conduct Authority (FCA). This means that when you trade with Plus500, you are guaranteed favourable trading conditions. Plus, your funds are secured in a segregated account that the broker itself cannot access even in the event that it goes bust. 

My tests discovered that this broker employs stringent measures to prevent fraudulent activities. Not only does it implement advanced security protocols, but also anti-money laundering procedures. Moreover, users are required to participate in the Know Your Customer (KYC) process to ensure only legitimate individuals with good intentions are registered. 

Another reason I believe Plus500 has the interest of traders at heart is the risk management tools it offers. You can incorporate stop-loss and take-profit orders in your activities to mitigate potential losses and secure profits. And the fact that it has a leverage limit of up to 1:30 for UK retail clients shows how much it protects users from excessive risks and potential losses that come with leverage trading.

Additionally, this broker is a member of the Financial Services Compensation Scheme (FSCS). The UK’s compensation fund aims to protect the region’s traders and investors. In the event that Plus500 becomes insolvent, the FSCS will compensate you with funds up to £85,000. This, of course, depends on the amount of money you have in segregated accounts. 

Plus500 Regulators

1. Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FCA – Licence No. 509909).
2. Plus500CY Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC – Licence No. 250/14)
3. Plus500AU Pty Ltd holds AFSL #417727 issued by the Australian Securities and Investment Commission (ASIC), FSP No. 486026 issued by the Financial Markets Authority (FMA) in New Zealand, and Authorised Financial Services Provider #47546 issued by the Financial Sector Conduct Authority (FSCA) in South Africa.
4. Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (DFSA – Licence No. F005651).
5. Plus500BHS Ltd is licensed and regulated by the Securities Commission of The Bahamas (SCB – Licence No. SIA-F250).
6. Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (FSA – Licence No. SD039)
7. Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services licence from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (Licence No. CMS100648-1)
8. Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (EFSRA – Licence No. 4.1-1/18).

Restricted Countries

• Canada 
• Cuba 
• Iran 
• North Korea 
• Sudan
• Syria

Available Assets for Trading

Plus500 is one of the top brokers with a wide range of tradable instruments. I discovered more than 2,800 CFD assets across various classes. These include forex, shares, commodities, ETFs, options, and indices.

If you are new to CFD trading, it is a trading method that allows traders to speculate on assets’ price movements without taking ownership. The best element about CFD assets is the opportunity to apply leverage. However, Plus500 advises on the risks of this trading method and encourages users to exercise caution when engaging in the activity.

Educational Materials

I wanted to understand the quality of learning resources provided by Plus500. Therefore, I explored its Trading Academy platform to learn more. Overall, the quality of learning materials is impressive and above industry average. You will have access to eBooks, webinars powered by The Corellian Academy, articles, and guides.

I also identified an FAQ section in Plus500’s education section. The page is comprehensive and answers some of the most commonly asked questions by traders. Instead of waiting for the support team representative to respond when you reach out, try perusing the FAQ section first. There are numerous answered questions regarding account opening, deposits/withdrawals, fees, financial instruments, assets, regulators, and more. 

Feature	Available	Notes
Trading Academy	✅	Covers substantial topics from basic concepts to advanced applications
Webinars	✅	Weekly financial market updates and expert insights. Webinars are powered by the Corellian Academy.
Copy Trading	🚫	Not supported
Market Research	✅	Adequate resources for solid strategy development.

Supported Platforms and Features

It is normal for any beginner to ask, “Plus500, is it good?” when exploring different platforms to identify what suits their needs. Let’s see what this broker has to offer. 

WebTrader

It is important to note that Plus500 does not host third-party platforms. However, its proprietary platform is reliable and has quality resources for all types of traders. Also known as the WebTrader, it is accessible through modern web browsers or Microsoft Windows apps. 

The best element about Plus500’s WebTrader platform is that it is user-friendly with customisable features to keep you trading long-term. Moreover, it comes in 28 languages and features two-factor authentication as an added layer of security to your account when you log in. 

When I was testing this broker’s WebTrader platform, I was able to effectively create watchlists, analyse charts, enter trades, and monitor market positions. Plus, I could easily switch between demo and live trading accounts with just one click. On top of that, this platform has a dark mode, which helps my eyesight, especially during the night. 

When it comes to market analysis resources, the WebTrader platform gives users access to robust charting capabilities. These include 20 chart types, such as Candles, Renko, and Range Bars. There are also over 100 technical indicators and standard order types, such as market, limit, and stop loss.

Other features worth mentioning at Plus500’s WebTrader platform are an advanced search tool and notification alerts for quick updates. Sadly, there is no copy trading at Plus500. I also wish that it could incorporate automated and one-click trading. For this reason, I don’t find it suitable for day traders. 

Mobile App

Besides the WebTrader platform, Plus500 has a highly regarded trading app. In fact, my research identified it as one of the highest-rated apps on Google Play, the App Store, and Trustpilot.

This app operates seamlessly on iOS and Android mobile devices. You will have access to the same features offered at the WebTrader platform. Simply put, Plus500’s trading app allows traders to manage their positions anytime, even when away from home or their trading stations. 

Platform	Key Features	Best For
WebTrader	Low spreads, Fast order execution, 24/7 Support Service	Beginners, Casual Trading, Swing Trading, Market Analysis, Portfolio Tracking, Account Management, Desktop Trading
Mobile App	Low spreads, Fast order execution, 24/7 Support Service, 2-factor authentication	Mobile Trading, Account Management, Market Analysis, Portfolio Tracking

Besides the above platforms, Plus500 provides the Plus500 Invest and Plus500 Futures platforms. However, they are not accessible to UK clients. 

Plus500 Account Types Compared

Plus500 doesn’t have as many accounts as most of its peers. However, rest assured, you will find quality resources and platforms as mentioned in the above sections. I started trading at Plus500’s Standard Account, and the account opening procedure was seamless and fast. 

After I clicked the “Start Trading” button on Plus500’s website page, a form popped up, which I filled out using my personal details. These include my name, date of birth, residence, source of income, email, and more. 

Note that this account sign-up procedure doesn’t stop here. You will be required to share copies of your original ID card or passport and a recent utility bill for verification purposes. Plus500 adheres to FCA’s stringent regulations, so verifying users’ identities and locations is a way to keep the online trading space safe from impostors and fraudulent activities. 

Demo Account

Besides the live trading Standard Account, Plus500 has a demo account. If you are a beginner, I advise that you consider this when getting started. This is because it is a risk-free account that operates just like the Standard account. It is funded with virtual money, so you do not have to use yours. 

With Plus500’s demo account, you can test various trading strategies. It is also perfect for gauging the broker’s performance before deciding whether it aligns with your trading requirements. And the best part is that switching to live trading when you are ready is easy with just one click. 

Unlike many brokers’ demo accounts with time limits, Plus500’s offers unlimited trading. This means you are free to practise trading for as long as you are comfortable. 

Islamic Account

Muslim traders can also explore the financial landscape of investments with Plus500. Through the Islamic Account, you will trade various CFD instruments. 

This account adheres to Sharia law. It is free from interest, but you will still enjoy some of the excellent services available on the Standard Account. This includes free deposits and withdrawals, commission-free trades, no hidden costs, and more. 

Pro Account

Plus500 has specifically tailored this account for professional clients. Therefore, you must meet the broker’s eligibility criteria to access it. These include:

1. You must have placed an average of 10 trades of a significant size per quarter in the last year in a relevant market.
2. Your financial investment portfolio must exceed £500,000. The amount should include cash savings and financial instruments in your trading account. 
3. You must have worked in the financial sector in a relevant role for at least one year.

Besides giving access to the same services and tools on the Standard Account, Plus500’s Pro Account offers extra features for an exciting experience. For instance, you will enjoy higher leverage limits than the ones imposed by ESMA and potential eligibility for bonuses and rebates. You are also guaranteed advanced learning and market analysis tools. 

Account Types	Minimum Deposit	Commissions/Spreads	Available Instruments	Recommended for
Standard	£100	From 0.0 pips	Forex, shares, commodities, indices, ETFs, options	Retail Traders
Demo	£0	From 0.0 pips	Forex, shares, commodities, indices, ETFs, options	Beginners
Islamic	£100	From 0.0 pips	Forex, shares, commodities, indices, ETFs, options	Muslims
Pro	Financial Instrument Portfolio Exceeding £500,000	From 0.0 pips	Forex, shares, commodities, indices, ETFs, options	Professional Clients

Overall, all Plus500 trading accounts support CFD trading. According to ESMA rules, UK retail clients can trade the assets with leverage limits up to 1:30. However, this broker offers higher limits of up to 1:300 for professional clients. 

While leverage can maximise returns, it is like a double-edged sword that can leave you with massive losses. Therefore, before you commit to Plus500, ensure you understand the risks of leverage trading.

Customer Support Review

Is Plus500 reliable when it comes to support? I contacted Plus500’s support team to gauge their response and whether they offer relevant solutions. I noticed that the team is reachable via live chat, email, and WhatsApp. Sadly, there was no phone support. I find it to be better than average. 

I reached out via live chat and WhatsApp, and the representative was prompt and professional. All my questions were answered professionally, and I was able to effectively manage my positions. When it came to email support, I found it responsive too, as I got all the assistance I needed within the same day. 

Besides providing dedicated customer service, this broker supports traders with a comprehensive FAQs page. This page answers some of the most frequently asked questions by traders. It is a perfect go-to section whenever you encounter any challenge. You can then reach out to the team whenever you feel stuck or are unsatisfied with the answers. 

Deposit & Withdrawal

Every trader wants a broker that guarantees a seamless deposit and withdrawal process, and Plus500 delivers in this category. After trading with it for weeks, I can confirm that deposits and withdrawals are fast and secure. Moreover, it supports multiple payment methods, including Trustly, PayPal, Visa, Mastercard, Apple Pay, Google Pay, and bank transfer. 

The good news is that Plus500 doesn’t charge any fees for deposits or withdrawals, regardless of the payment method you use. However, understand that your payment method issuer or bank works independently. You may incur extra charges for such transactions. Ensure you confirm such fees so that you can plan accordingly. 

Deposit Methods

Payment Method	Fees	Processing Time	Notes
Bank Transfer	£0	Up to 5 business days	Making deposits from joint accounts may require supporting documents.
Visa	£0	Instant	£100 minimum deposit
Trustly	£0	Instant	£100 minimum deposit
Paypal	£0	Instant	£100 minimum deposit
Skrill	£0	Instant	£100 minimum deposit
Google Pay	£0	Instant	£100 minimum deposit
Apple Pay	£0	Instant	£100 minimum deposit
Mastercard	£0	Instant	£100 minimum deposit

Withdrawal Methods

Payment Method	Fees	Processing Time	Notes
Visa	£0	1-3 business days	Minimum withdrawal is £100
Mastercard	£0	1-3 business days	Minimum withdrawal is £100
Trustly	£0	1-3 business days	Minimum withdrawal is £50
Skrill	£0	3-7 business days	Minimum withdrawal is £50
Bank Transfer	£0	5-7 business days	Minimum withdrawal is £100
PayPal	£0	3-7 business days	Minimum withdrawal is £50
Apple Pay	£0	1-3 business days	Minimum withdrawal is £50
Google Pay	£0	1-3 business days	Minimum withdrawal is £50

Note that Plus500 requires traders to request a withdrawal using the same methods as deposits. Plus, it accepts multiple currencies, including USD, GBP, EUR, CHF, AUD, JPY, PLN, CZK, CAD, HUF, TRY, SEK, NOK, and SGD. Transacting with currencies different from the currency of your account attracts currency conversion fees up to 0.7% of the trade’s realised net profit and loss.

Is Plus500 a Good Fit for You?

After reading this Plus 500 online trading review, you may be wondering whether the broker is a good fit for you. While it offers excellent services and resources, you must test it to decide whether it aligns with your trading requirements. 

At InvestingGuide, we review brokers based on various elements. We believe doing so helps us identify the suitability of implementing various strategies. Here is what I found out after conducting a thorough analysis of Plus500. 

Final Review Summary

Plus500 has made a name for itself in the financial space and continues to improve its services with the advancement of technology. Today, the broker is among the most celebrated, with excellent Plus500 user reviews on Google Play, the App Store, and Trustpilot. 

So, is Plus500 a good broker? From my analysis, Plus500 is not suitable for all types of traders. That doesn’t make it fall short, as it focuses on providing the best CFD trading services. For instance, its wide array of trading securities makes it easier to explore different markets and diversify your portfolio. 

Additionally, Plus500’s security measures make it stand out among many. It has multiple global tier-one authorities overseeing its activities and implements high encryption technology to safeguard users’ personal data. So, if you have been wondering, “Is Plus500 safe?”, I hope you now know that it definitely is. Any user will trade at ease here, knowing that everything is under control. 

While there are no third-party platforms at Plus500, its WebTrader and mobile app have not fallen short when it comes to supplying trading resources. Beginners have extensive learning materials, while the experts have access to quality market analysis tools. However, the lack of third-party platforms means the broker lacks some features, such as copy and automated trading. 

When it comes to Plus500’s trading charges, they are average (not too high and not too low). I wouldn’t advise a day trader to go for this broker, considering you will have to manage multiple trades, which might end up costing more money. However, if you are looking to manage fewer trades or hold your positions long-term. In this case, Plus500 is a considerable choice. 

You will deposit at least £100 to get started with Plus500. All transactions are free, with features like real-time forex quotes, dynamic charts and graphs, and rolling your position offered without an extra cost. However, you can expect to incur inactivity fees of £10 monthly should you not log into your account for at least three months. 

Based on my Plus500 review and experience in the financial landscape, I highly recommend it to beginners looking to explore CFD assets. I also find it suitable for advanced traders looking for an easy-to-use platform with no advanced resources found on third-party platforms.