Regulators
CySEC, FCA, ASIC, FMA NZ, MAS Singapore, ISA Israel
Min. deposit
$100
Spread from
0.6 pips (variable)
Max. leverage
Up to 1:30 (EU retail) / 1:300 (offshore)
Platforms
Plus500 WebTrader, Plus500 Mobile
Founded
2008 · London / Haifa
Plus500 review summary
Plus500 is one of the largest publicly-listed retail CFD brokers, trading on the London Stock Exchange under ticker PLUS with a market cap in the hundreds of millions. Founded in Haifa in 2008 with European operations in Cyprus, Plus500 serves over 20 million traders across 60+ countries.
Two things distinguish Plus500: it is publicly listed (so its financial position is audited and transparent — rare in retail FX) and it built its own proprietary platform rather than relying on MT4/5. The platform is one of the cleanest in the industry — purpose-built for discretionary traders who want to click and trade without configuring 47 indicators.
The trade-off is flexibility: no MT4, no algorithmic trading, no copy-trading, no API. Plus500 is for traders who want to make discretionary directional bets on liquid CFDs, not for systematic strategies.
Account types
| Account | Min. deposit | Notes |
|---|
| Retail | $100 | Variable spreads, ESMA leverage |
| Professional | $100 | Qualifying clients only, higher leverage |
Regulation
- Plus500CY Ltd — CySEC 250/14 (EU)
- Plus500UK Ltd — FCA 509909
- Plus500AU Pty Ltd — ASIC 417727
- Plus500SG Pte Ltd — MAS CMS100648-1
- Plus500NZ Ltd — FMA 486026
- Plus500IL Ltd — ISA (Israel)
Bottom line
Plus500 scores 4.3/5. Best for directional discretionary traders who want a simple, listed, multi-regulated broker with broad CFD coverage. Algorithmic / MT4 traders should look at Pepperstone or Pepperstone.
Plus500 — Frequently Asked Questions
Is Plus500 regulated and safe?
Plus500 is regulated by CySEC, FCA, ASIC, FMA NZ, MAS Singapore, ISA Israel, holds client funds in segregated accounts and operates under active financial-services licenses. Verify each license number on the regulator's official website before depositing.
Is Plus500 legit or a scam?
Plus500 is a legitimate, regulated broker — not a scam. It operates under oversight from CySEC, FCA, ASIC, which require segregated client funds and regular audits. Always confirm the specific entity and license that will hold your account, and avoid clone sites using a similar name.
What is the minimum deposit at Plus500?
The minimum deposit at Plus500 is $100. Standard accounts accept this minimum; premium or professional tiers may require more.
How do I withdraw money from Plus500?
Withdrawals from Plus500 are returned to your original funding method — card, bank transfer, e-wallet or crypto, depending on how you deposited. E-wallets and crypto are usually fastest; bank transfers take longest. Processing times and limits are set by Plus500, so check its funding page for current details.
What fees and commissions does Plus500 charge?
Plus500's main cost is the spread, starting from 0.6 pips (variable). Raw/ECN accounts add a per-lot commission in exchange for a tighter spread. Also factor in overnight swap fees and any inactivity fee. Compare the all-in cost (spread + commission), not just the headline spread.
What are the typical spreads at Plus500?
Spreads at Plus500 start from 0.6 pips (variable), varying by account type, instrument, time of day and market volatility. Raw/ECN accounts add a commission on top of the tighter spread.
What account types does Plus500 offer?
Plus500 typically offers a standard (commission-free, slightly wider spread) account and a raw/ECN (tight spread plus commission) account, with a swap-free Islamic option where available. The minimum to open is $100, and platforms include Plus500 WebTrader, Plus500 Mobile.
What trading platforms does Plus500 offer?
Plus500 supports: Plus500 WebTrader, Plus500 Mobile. MT4/MT5 are the industry standards; cTrader suits ECN execution; proprietary platforms add broker-specific tools but less third-party compatibility.
What is the maximum leverage at Plus500?
Maximum leverage at Plus500 is Up to 1:30 (EU retail) / 1:300 (offshore). EU/UK retail clients are capped at 1:30 on major FX by ESMA rules regardless of broker policy; professional and offshore-entity clients can access higher leverage subject to qualification.
Does Plus500 offer a demo account?
Yes — Plus500 offers a free demo account with virtual funds, so you can test the platform and practise a strategy on live prices before depositing real money.
Who is Plus500 best suited for?
Beginners and discretionary traders who want a simple, regulated, equity-market-listed broker with broad CFD coverage.
