Plus500 is a fully regulated global leading CFD provider established in 2008 by Plus500 Ltd; a company listed on the London Stock Exchange. Plus500 offers CFDs across a wide range of instruments including forex, shares, commodities, cryptocurrencies, ETFs, options, and indices with over 2000+ instruments available to trade.
Alongside access to a variety of tradeable instruments, Plus500 also provides clients with a number of great trading tools and services which includes beginner-friendly trading platforms, competitive spreads, a transparent fee structure, and great customer support service.
Plus500 Broker Details
| Broker | Plus500 |
|---|---|
| Established | 2008 |
| Head Office | Building 25, Matam Haifa, 31905 Israel |
| Regulations | FCA (United Kingdom), CySEC (Cyprus), MAS (Singapore), FSCA (South Africa), AFSL, ASIC (Australia), FMA (New Zealand), and FSA (Seychelles) |
| Publicly Listed | Plus500 Ltd (LON: PLUS) |
| Broker Type | Market Maker |
| Product Offering | CFD |
| Trading Platforms | WebTrader, |
| Asset Classes | Shares, forex, commodities, cryptocurrencies, ETFs, options, and indices. |
| Minimum Deposit | $100 |
| Account Currencies | USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, and SGD |
| Maximum Leverage | EU – 1:30 AU – 1:300 |
| Pricing Model | Spreads |
| Lot Sizes | – |
| Deposit & Withdrawal Methods | Bank Transfer, debit/credit cards (only Visa or MasterCard debit/credit cards are acceptable), and Paypal |
| Demo Account | Yes |
| Scalping | No |
| Hedging | No |
Pros and Cons
Pros
- Authorized and regulated by top-tier regulatory bodies across the globe.
- Competitive spreads.
- Hassle-free account registration process.
- Beginner-friendly proprietary trading platforms.
- Friendly and helpful customer support service
- 24/7 online support.
- Access to a variety of CFD instruments including shares, forex, commodities, cryptocurrencies, ETFs, options, and indices with over 2000+ instruments to trade.
Cons
- Does not accept clients from the United States.
- No alternative trading platforms such as MT4 and MT5.
- Does not allow scalping.
- Does not allow hedging.