Plus500 Broker Review

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

BrokerPlus500
Established2008
Head OfficeBuilding 25, Matam Haifa, 31905 Israel
RegulationsFCA (United Kingdom), CySEC (Cyprus), MAS (Singapore), FSCA (South Africa), AFSL, ASIC (Australia), FMA (New Zealand), and FSA (Seychelles)
Publicly ListedPlus500 Ltd (LON: PLUS)
Broker TypeMarket Maker
Product OfferingCFD
Trading PlatformsWebTrader,
Asset ClassesShares, forex, commodities, cryptocurrencies, ETFs, options, and indices.
Minimum Deposit$100
Account CurrenciesUSD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, and SGD
Maximum LeverageEU – 1:30
AU – 1:300 
Pricing ModelSpreads
Lot Sizes
Deposit &
Withdrawal Methods
Bank Transfer, debit/credit cards (only Visa or MasterCard debit/credit cards are acceptable), and Paypal
Demo AccountYes
ScalpingNo
HedgingNo

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.