Plus500 Review 2026
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Awards
- Best Overall Broker 2021 - DayTrading.com
- Best Overall Broker 2020 - DayTrading.com
- Best Overall Broker 2019 - DayTrading.com
Pros
- The customer support team continue to provide reliable 24/7 support via email, live chat and WhatsApp
- The broker offers low commission trading on a diverse range of markets, minimizing additional fees while appealing to established traders
- Plus500 has recently bolstered its suite of short-term trading products, including introducing VIX options with enhanced volatility and extended hours trading on 7 stock CFDs
- In 2025 Plus500 added new share CFDs in emerging sectors like quantum computing and AI, offering opportunities in stocks like IonQ, Rigetti, Duolingo, and Carvana.
- Plus500 provides a specialized WebTrader platform designed explicitly for CFD trading, offering a clean and uncluttered interface
Cons
- The absence of social trading means users can’t follow and replicate the trades of experienced traders
- Plus500’s lack of support for MetaTrader or cTrader charting tools might be a deal breaker for advanced day traders looking for familiarity
- Educational resources are limited compared to best-in-class brokers like eToro, impacting the learning curve for beginners
- Compared to some competitors, especially IG, Plus500’s research and analysis tools are limited
- Algo trading and scalping are not supported, which may deter some day traders
Plus500 Review
In this Plus500 review, I evaluate its features, performance, and suitability for various types of traders, providing ratings based on my firsthand experience using the broker with real money.
I also compare Plus500 to suitable alternatives, emphasizing any areas for improvement.
Note: 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Regulation & Trust
Plus500 has primarily demonstrated that it’s a legitimate, trustworthy broker regulated by several reputable financial bodies.
That said, we’ve lowered its trust score somewhat following a class action levelled at the Australian entity, which alleges the firm was misleading in its marketing of highly leveraged CFDs.
The brand has also faced lawsuits in other regions, notably Israel after it abruptly paused traders’ accounts following the Brexit referendum, potentially hurting trading portfolios.
Back in 2015, Plus500 was also forced by the FCA to freeze thousands of UK customer trading accounts and halt the onboarding of new clients. This happened because Plus500 failed to get get AML documentation and run identity verification checks for its users.
On a more positive note, Plus500 Ltd is listed on the London Stock Exchange under PLUS, which adds to its credibility and is a promising sign that the company is financially stable.
Plus500 completed a $20 million acquisition of Mehta Equities Ltd in 2026, marking the broker’s official entry into the Indian retail futures market.
Entities & Licenses
Plus500 is authorized through several entities. It’s important you understand which one as the level of oversight and regulatory protections varies. Green to red classification is based on DayTrading.com’s internal trust rating system.
Plus500UK Ltd (FCA)
- Entity URL: https://www.plus500.co.uk/
- Verify License: 509909
- Regulator Classification (Green to Red): FCA (green-tier – high oversight)
- Protections: UK retail clients are protected by FCA client money and custody rules, which require segregation of client funds. Retail CFD protections also include negative balance protection and leverage caps up to 1:30 under the UK CFD regime. Eligible clients may have access to the Financial Services Compensation Scheme (FSCS) up to £85,000 if the firm fails, and complaints can be escalated to the Financial Ombudsman Service. This does not protect against ordinary market losses.
- Who Gets Signed Up Under This Entity: Clients residing in the United Kingdom.
Plus500CY Ltd (CySEC)
- Entity URL: https://www.plus500.com/
- Verify License: 250/14
- Regulator Classification (Green to Red): CySEC / MiFID (green-tier – strong EEA safeguards)
- Protections: Clients onboarded through Cyprus receive MiFID-style protections including segregated client funds, negative balance protection for retail CFD accounts, and retail leverage caps up to 1:30. Eligible retail clients may also be covered by the Cyprus Investor Compensation Fund for up to €20,000 if the firm cannot return money or assets. Complaints can be taken to the Cyprus Financial Ombudsman. This is firm-failure protection, not cover for trading losses.
- Who Gets Signed Up Under This Entity: Many international clients and some EEA-facing CFD clients where Plus500 uses its Cyprus entity.
Plus500EE AS (Estonian FSA / EFSA)
- Entity URL: https://www.plus500.com/en-nl/
- Verify License: 4.1-1/18
- Regulator Classification (Green to Red): Estonian FSA / MiFID (green-tier – strong EEA safeguards)
- Protections: Clients using Plus500EE benefit from Estonian client asset rules, segregated client bank accounts, and the wider MiFID retail protection framework including retail CFD leverage limits and negative balance protection. Plus500EE is a member of Estonia’s Investment Guarantee Sectoral Fund (Tagatisfond). Estonia’s investor protection framework compensates qualifying investments up to €20,000 if an investment firm cannot return client assets or money. This does not insure against market losses.
- Who Gets Signed Up Under This Entity: A number of EEA/European clients using the Plus500EE-operated website and products.
Plus500AU Pty Ltd (ASIC, FMA & FSCA)
- Entity URL: https://www.plus500.com/en-au/
- Verify License: AFSL 417727 and FSP 486026 and FSCA FSP 47546
- Regulator Classification (Green to Red): ASIC / FMA / FSCA (green-tier (ASIC and FMA) to yellow-tier (FSCA) – strong to solid safeguards depending on jurisdiction)
- Protections: This same legal entity serves multiple regions under different regulatory umbrellas. In Australia, retail clients benefit from ASIC client money rules, product intervention measures for CFDs, leverage caps up to 1:30, mandatory margin close-out rules, negative balance protection, and access to AFCA for dispute resolution. In New Zealand, clients are onboarded under FMA derivatives issuer rules with segregation and conduct obligations, but there is no broad investor compensation scheme like the FSCS. In South Africa, Plus500 has FSCA authorization and local conduct oversight, but South Africa also lacks a simple statutory compensation fund for broker insolvency. In all three cases, the protections are materially better than an offshore setup, but they do not insure trading losses.
- Who Gets Signed Up Under This Entity: Clients residing in Australia, New Zealand and South Africa.
Plus500SG Pte Ltd (MAS)
- Entity URL: https://www.plus500.com/en-sg/
- Verify License: CMS100648
- Regulator Classification (Green to Red): MAS (green-tier – high supervisory standards)
- Protections: Singapore clients are onboarded to a Capital Markets Services licence holder supervised by MAS. Client money is held in segregated trust accounts and not used for hedging or other business purposes. MAS oversight is generally strong on conduct and custody, but Singapore does not provide a simple FSCS-style compensation fund for ordinary broker failures or market losses. Protection therefore relies mainly on segregation, licensing supervision and legal recourse.
- Who Gets Signed Up Under This Entity: Clients residing in Singapore.
Plus500CA Ltd (CIRO)
- Entity URL: https://www.plus500.com/en-ca/
- Verify License: CIRO membership bulletin and OSC exemptive order
- Regulator Classification (Green to Red): CIRO (green-tier – strong safeguards)
- Protections: Canadian clients are onboarded to a CIRO-regulated investment dealer. That means prudential supervision, CIRO conduct standards and, typically, CIPF coverage in the event client property is unavailable because the firm becomes insolvent. Canada’s framework is stronger than most offshore regimes, but as usual it does not protect against ordinary CFD or investment losses.
- Who Gets Signed Up Under This Entity: Clients residing in Canada.
Plus500JP Securities Ltd. (JFSA / Kanto Local Finance Bureau)
- Entity URL: https://www.plus500.com/en-jp/
- Verify License: Licence No. 156
- Regulator Classification (Green to Red): JFSA / Kanto LFB (green-tier – strong safeguards)
- Protections: Japanese clients are onboarded through a locally regulated securities company. Japan generally applies strict customer asset segregation and localized product rules. This is a relatively strong regulatory environment, though the protection framework is product-specific and not the same as a universal UK-style compensation promise for all losses.
- Who Gets Signed Up Under This Entity: Clients residing in Japan.
Plus500IL Ltd (ISA)
- Entity URL: https://www.plus500.com/en-il/
- Verify License: ISA trading platform licence disclosure
- Regulator Classification (Green to Red): ISA (green-tier – strong local oversight, but with a distinct trading-arena regime)
- Protections: Israeli clients are onboarded to Plus500IL Ltd, which holds a licence from the Israel Securities Authority to operate a trading platform. Retail protection therefore comes primarily from ISA licensing, disclosure, capital and conduct rules for trading arenas rather than from a UK-style compensation scheme.
- Who Gets Signed Up Under This Entity: Clients residing in Israel.
Plus500AE Ltd (DFSA)
- Entity URL: https://www.plus500.com/en-ae/
- Verify License: F005651
- Regulator Classification (Green to Red): DFSA (yellow-tier – credible regional oversight)
- Protections: This is Plus500’s DIFC entity. Retail clients benefit from DFSA conduct, disclosure and client money rules, and client money is held in segregated trust accounts. The DFSA is a credible regional regulator, but it does not offer a simple FSCS-style compensation fund.
- Who Gets Signed Up Under This Entity: Certain UAE and DIFC-based clients served through the Dubai Financial Services Authority framework.
Plus500Gulf Securities L.L.C. (SCA)
- Entity URL: https://www.plus500.com/en-ae/
- Verify License: 20200000232
- Regulator Classification (Green to Red): SCA (yellow-tier – solid local oversight)
- Protections: This is the UAE mainland SCA-regulated entity, separate from the DFSA-regulated DIFC entity. It is licensed as a trading broker in international markets and for OTC derivatives and currencies in the forex spot market. The protection model is based on SCA licensing, local conduct rules and client asset controls, but there is no UK-style statutory compensation fund.
- Who Gets Signed Up Under This Entity: Certain UAE mainland clients under the SCA framework.
PT Plus500 Indonesia Futures (BAPPEBTI, OJK & BI)
- Entity URL: https://www.plus500.com/en-id/
- Verify License: 587/BAPPEBTI/SI/XII/2004
- Regulator Classification (Green to Red): BAPPEBTI / OJK / BI (yellow-tier – meaningful local oversight, but not equivalent to top-tier UK/AU/SG protections)
- Protections: PT Plus500 Indonesia Futures is regulated by BAPPEBTI, has Alternative Trading System approval, holds an OJK principle approval number and a Bank Indonesia number. That is significant local authorization rather than a pure offshore passport. Still, don’t equate this framework with the investor-compensation protections of the FCA or CySEC. The key protections are local licensing, market supervision and conduct obligations, not a clear compensation scheme.
- Who Gets Signed Up Under This Entity: Clients residing in Indonesia.
Plus500SEY Ltd (FSA Seychelles)
- Entity URL: https://www.plus500.com.sc/
- Verify License: SD039
- Regulator Classification (Green to Red): FSA Seychelles (red-tier – materially lighter offshore oversight)
- Protections: Plus500SEY is registered in Seychelles and benefits from baseline regulatory supervision and segregation requirements, but the jurisdiction offers materially lighter retail safeguards than the FCA, CySEC, ASIC or MAS. There is no well-known statutory compensation fund comparable to the FSCS or Cyprus ICF, and leverage and conduct constraints can be looser than in higher-tier jurisdictions. This is the entity where the legal fine print matters most.
- Who Gets Signed Up Under This Entity: Many international clients in regions not covered by Plus500’s stronger local licences.
Plus500BHS Ltd (SCB Bahamas)
- Entity URL: https://www.plus500.com/
- Verify License: SIA-F250
- Regulator Classification (Green to Red): SCB Bahamas (red-tier – offshore oversight)
- Protections: Plus500BHS is licensed in The Bahamas as a firm dealing in securities as agent or principal. While The Bahamas has a more formal framework than some offshore centres, it still offers materially weaker retail safeguards than the FCA, CySEC, ASIC or MAS. There’s no statutory compensation scheme comparable to the FSCS.
- Who Gets Signed Up Under This Entity: Certain international clients served through Plus500’s Bahamas structure.
Note the above does not contain its regulatory details in the United States – this is covered in our Plus500US review.
Check For Clone Scams
As it’s such a well-known brand, many scammers set up fake websites and branding that look like Plus500 with the aim of attracting deposits. That’s why it’s essential to check you’re signing up through the correct entity and URL.
Regulators have issued warnings about Plus500-linked clones. For example, the FCA has warned multiple times over the years about scammers using unauthorized domains, notably ‘p500.online’, ‘p500.io’, ‘p500.online’, ‘p500.io’, ‘plus500v.com’, ‘www.plus500un.com’, ‘plus-500.ltd’, and ‘plus500.ltd’.
Accounts & Banking
Unlike many competitors, Plus500 offers one live account. You can access all investment products, platforms and tools with variable minimum trade size and a low starting deposit of $100, making the broker accessible to everyone.
The choice of account currencies is a bonus, including USD, EUR, GBP, and AUD, allowing you to deposit, trade and withdraw in a convenient currency.
A swap-free account is also available at some of the broker’s entities, making Plus500 good for Islamic traders, while high-volume traders can open a professional account if they satisfy two of the criteria below:
- Hold a financial portfolio worth at least €500,000
- Opened 10 positions per quarter over the last four quarters
- Have at least one year of professional working experience in the finance sector
The pro account offers higher leverage, the best order execution and cash rebates. It is also one of the few professional trading accounts I have seen to offer negative balance protection.
Deposits & Withdrawals
Plus500 scores well when it comes to deposits and withdrawals. The broker accepts multiple fee-free and secure payment options, including wire transfers, credit/debit cards, and e-wallets like PayPal and Skrill.
I find that e-wallets offer the fastest processing times, with funds normally available immediately. In contrast, wire transfers can take up to 5 working days, so avoid this if you want to get started quickly.
Looking at the negatives, withdrawal times at Plus500 are slower than some alternatives. PayPal and Skrill can take between 3 and 7 working days, respectively.
On a lighter note, there is no withdrawal limit.
You can compare Plus500’s entry requirements with alternatives below.
| Plus500 | Interactive Brokers | FOREX.com | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | $100 |
| Minimum Trade | Variable | $100 | 0.01 Lots |
| Payment Methods | Apple Pay, Credit Card, Debit Card, Mastercard, PayNow, PayPal, Skrill, Trustly, Visa, Wire Transfer | ACH Transfer, Automated Customer Account Transfer Service, Cheque, TransferWise, Wire Transfer | ACH Transfer, Credit Card, Debit Card, Mastercard, Neteller, PayNow, Skrill, Visa, Wire Transfer |
| Visit | Visit 80% of retail CFD accounts lose money. |
Visit | Visit |
| Review | Review | Review | Review |
Demo Account
Plus500 offers a free demo account. What’s great is that there are no time restrictions, so you can continue using it even after you register for a live account.
Tip: Starting in the demo mode is sensible to get familiar with the in-house platform and its features before trading with real money.
The process to sign up for a Plus500 demo account is reduced compared to a full account. There is no lengthy registration process and you can reset your account balance at any time. In the client portal, simply use the ‘Real Money’ and ‘Demo Mode’ toggles at the bottom of the menu on the left.

Assets & Markets
Plus500 specializes in CFDs, encompassing stocks, indices, forex, commodities, and more. Notably, the stock diversity stands out, offering exposure to significant economies and industries. For forex traders, the platform offers dozens of popular currency pairs.
Plus500 distinguishes itself with call and put options, as well as futures (via the Plus500Futures platform, available to individual US residents only), providing an alternative means to speculate on popular financial markets. These options offer leverage and diverse expiry dates, enhancing trading flexibility.
Trading products include:
- Forex: Over 60 major, minor, and exotic currency pairs including GBP/USD, EUR/USD, and EUR/NZD.
- Indices: 30+ country-specific, ESG, and sector index funds, featuring USA 30, Europe 50, France 40, FTSE 100, Japan 225, NASDAQ 100, IBEX 35, Metaverse Giants, and NFT Giants.
- Commodities: 24 agricultural, energy, and precious metal products, such as copper, natural gas, oil, and wheat.
- Shares: 1800+ stocks from companies like LVMH, Amazon, Apple, Tesla, Rolls-Royce, and Lloyds Banking Group, with before and after hours trading now available on 7 US stock CFDs for further opportunities.
- Options: Over 200 popular instruments are available as options contracts, including EUR/USD, natural gas, Deutsche Bank, and the Europe 50 index. Plus500 also added VIX options in 2024, offering greater exposure and volatility than the VIX itself.
- ETFs: More than 90 exchange-traded funds like iShares Silver, Commodity Index Fund, and the PowerShares QQQ Trust ETF.
- Cryptocurrencies: Availability subject to regulation, at the time of writing there are 15 crypto coins including Bitcoin, Ripple, Litecoin, and Ethereum, along with a Bitcoin CFD.
Note that the availability of trading instruments might vary based on your location. For example, CFD trading isn’t available in the US.
You can compare Plus500’s investment offering with alternatives below.
| Plus500 | Interactive Brokers | FOREX.com | |
|---|---|---|---|
| Instruments | CFDs on Forex, Stocks, Indices, Commodities, ETFs, Options, Crypto | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies | Forex, Futures and Options on Metals, Energies, Commodities, Indices, Bonds, Crypto |
| Visit | Visit 80% of retail CFD accounts lose money. |
Visit | Visit |
| Review | Review | Review | Review |
Leverage
Leverage trading is available at Plus500 in line with local regulatory restrictions. For example, UK and EU investors can trade forex with 1:30 leverage and stocks with 1:5 leverage.
Investors who qualify for a professional account can access leverage up to 1:300. Taking professional status does mean however, that those traders are no longer covered by the ICF and they waive other regulatory protections.
I recommend that all traders approach leveraged trading (including options) with caution – it can amplify both profits and losses.
Make the most of stop-loss orders to protect your capital.
Fees & Costs
Plus500 has reasonable trading fees but trails the cheapest brokers like CMC Markets.
The broker offers commission-free trading with floating spreads that vary depending on market conditions.
During my hands-on tests of the platform, I got 0.6 on the EUR/USD, 0.70 on the S&P 500, 1.20 on the UK 100, and 0.36 on gold.
I also appreciate that Plus500 does not charge for deposits and withdrawals.
The only other significant costs to consider are swap fees for overnight positions and conversion charges up to 0.7% if you trade in a currency other than your base currency.
Casual traders should also be aware that there is a $10 inactivity fee after three months of zero trading. This is fairly common at established brokers, so this isn’t a significant drawback.
Platforms & Tools
Plus500’s flagship web terminal scores fairly well in terms of its suitability for day trading, especially its clear design and charting functionality.
With that said, it doesn’t particularly stand out against alternatives when it comes to additional trading features.
You can see how it performs overall in key areas below.

Looking at the positives, I find trading with Plus500 intuitive thanks to its user-friendly platform accessible via a web browser or mobile device.
The platform’s uncluttered design removes much of the complication of opening and maintaining positions and trades.
Moreover, Plus500’s platform offers an array of analysis features that will cater to technical traders and day traders, including a variety of chart types, timeframes, drawing tools, and over 100 technical indicators such as Bollinger Bands, Moving Average, and RSI.
The inclusion of email and SMS alerts, which notify you about price changes and market sentiment even when offline, adds practicality to the trading experience.
Yet while there are essential real-time data like balances, transaction history, and profit/loss breakdowns, I find it frustrating that Plus500 lacks advanced tools for comprehensive analysis of trading activity.
There’s no built-in trading journal or tax accounting tools within the platform, either.
Certain markets on Plus500 offer guaranteed stops, but they involve a wider spread and cannot be applied to trades that have already been opened.
Overall, the web platform does its job and is particularly appealing to those traders looking for a no-fuss approach to online trading.

Weighing the negatives, Plus500 does not support widely used platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), or cTrader. Those specifically seeking third-party analytical and automation tools in their trading process will be disappointed as none of these tools can be integrated directly. Plus500 does, however, offer Multiple Charts View, which allows you to display up to 9 different charts at a time.
Additionally, Plus500 falls behind its competitors, such as CMC Markets, in terms of automated trading capabilities, lacking support for constructing, testing and deploying algorithmic trading strategies.
It also does not facilitate managing third-party funds through PAMM or MAM trading platforms, nor does it offer copy trading. These features are increasingly popular with aspiring traders and available at alternatives like Vantage.
You can compare Plus500’s platform offering with alternatives below.
| Plus500 | Interactive Brokers | FOREX.com | |
|---|---|---|---|
| MetaTrader 4 | No | No | Yes |
| MetaTrader 5 | No | No | Yes |
| cTrader | No | No | No |
| TradingView | No | Yes | Yes |
| Auto Trading | No | Capitalise.ai, TWS API | Expert Advisors (EAs) on MetaTrader |
| Visit | Visit 80% of retail CFD accounts lose money. |
Visit | Visit |
| Review | Review | Review | Review |
Mobile App
The Plus500 app offers almost the same functionality as the desktop solution. You can trade the full suite of instruments, view charts, and manage your account on mobile and tablet devices.
I didn’t encounter any issues during my Plus500 review and enjoyed the modern design and mobile trading experience.
The app is available for download to iOS and Android devices from the Apple App Store or Google Play.
Research
Plus500 lacks extensive research resources, analysis, and commentary. It offers limited in-house research, but does provide economic and earnings calendars as well as a news and market insights section.
The platform includes customizable charts for technical analysis and indicators like ‘Traders’ Sentiment’ and ‘Live Statistics,’ revealing the percentage of buyers and sellers along with performance across different time frames for various instruments.

Other platforms, in particular eToro, offer far superior research tools including analyst recommendations.
Education
Plus500 performs commendably in its educational offerings, particularly catering to beginners with helpful resources such as e-books, video tutorials, and trading articles.
The video content stands out as a particularly effective resource, offering visual aids that facilitate quicker comprehension compared to written materials.
However, in comparison to some of our highest-rated brokers like AvaTrade, the breadth and depth of educational resources provided by Plus500 are lacking, especially considering the lack of risk management resources and market news.

Customer Support
Plus500 tries to ensure accessible customer support around the clock through live chat, WhatsApp, and email services.
While the absence of a telephone contact number might pose frustration for some traders, the chat support stands out positively, offering excellent assistance based on my experience – responses were consistently received within a couple of minutes during my tests, and agents were notably helpful and professional.
Additionally, the broker provides an extensive FAQ portal covering various topics such as trading software usage, user manuals, withdrawal policies, and account closure/deletion.
Plus500 also maintains an active presence across social media platforms, including Facebook, Twitter, and LinkedIn.
Should You Trade With Plus500?
Following our assessment using a real money account, Plus500 is a well-regulated broker with transparent fees and is worth considering if you are looking to trade CFDs across various markets, including stocks, indices, forex, and commodities. There’s limited options trading, too.
The platform’s user-friendly interface is suitable for traders of all levels, but its lack of support for copy trading and the absence of extensive research tools are disappointing compared to other platforms such as eToro or IG.
FAQ
Is Plus500 Legit Or A Scam?
Plus500 is a legitimate brokerage platform regulated by multiple reputable authorities. Plus500 Ltd is publicly listed on the London Stock Exchange, adding a layer of transparency and accountability.
However, as with any trading platform, it’s crucial to do your own research, understand the risks involved, and trade responsibly.
Can I Trust Plus500?
Plus500 is regulated by multiple prominent financial authorities, ensuring compliance with strict standards and regulations. As a publicly listed company, it also upholds transparency and accountability. Additionally, client funds are segregated from the company’s operational funds, providing an extra layer of security.
While Plus500 has established regulatory compliance and security measures, it’s prudent to perform due diligence, review its terms and conditions, and trade cautiously with any platform to mitigate risks.
Is Plus500 A Regulated Broker?
Plus500 is regulated in various countries through different regulatory bodies. Key regulatory authorities overseeing Plus500 include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC) in Australia, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, the Financial Markets Authority (FMA) in New Zealand, the Monetary Authority of Singapore (MAS) in Singapore, and the Israel Securities Authority (ISA) in Israel.
Regulatory compliance ensures that Plus500 operates under the guidelines set by these authorities, offering a degree of protection and reassurance for traders in these regions.
Is Plus500 Suitable For Beginners?
Plus500’s user-friendly interface and straightforward platform is suitable for all traders.
Its intuitive design and clear navigation features make it accessible, and there are sufficient risk warnings and educational content about using leveraged products like CFDs.
If you’re new to trading, start with a demo account to practice, and consider seeking additional educational resources before venturing into live trading with real money.
Does Plus500 Offer Low Fees?
Plus500 typically offers relatively tight spreads on various financial instruments, and it does not charge commissions on trades, which can potentially reduce overall trading costs.
However, other fees, such as overnight funding fees for holding positions overnight, inactivity fees, and currency conversion fees, may apply. Review and understand the fee schedule before trading.
Is Plus500 A Good Broker For Day Trading?
Plus500 can be suitable for day trading due to its user-friendly platform and the availability of a wide range of CFDs across multiple markets.
However, the lack of advanced charting tools and order types, and no support for automated trading, may limit its appeal to more experienced traders needing a more extensive platform such as IG, which is tailored specifically for day trading.
Does Plus500 Have A Mobile App?
Plus500 offers a mobile app available for both iOS and Android devices. The mobile app enables you to trade various financial instruments on the go, providing access to the same features and functionalities as the web platform.
You can monitor markets, execute trades, manage positions, and access account information, making it convenient if you prefer trading from your smartphone or tablet.
Is Plus500 A Market Maker?
Plus500 is a market maker, acting as the counterparty to positions opened by its users. As a result, commissions are included in spreads and execution is usually reliable.
Best Alternatives to Plus500
Compare Plus500 with the best similar brokers that accept traders from your location.
- Interactive Brokers – Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
- FOREX.com – Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
Plus500 Comparison Table
| Plus500 | Interactive Brokers | FOREX.com | |
|---|---|---|---|
| Rating | 4.1 | 4.3 | 4.5 |
| Markets | CFDs on Forex, Stocks, Indices, Commodities, ETFs, Options, Crypto | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies | Forex, Futures and Options on Metals, Energies, Commodities, Indices, Bonds, Crypto |
| Demo Account | Yes | Yes | Yes |
| Minimum Deposit | $100 | $0 | $100 |
| Minimum Trade | Variable | $100 | 0.01 Lots |
| Regulators | FCA, CySEC, EFSA, ASIC, FMA, FSCA, MAS, ISA, FSA, DFSA, SCA, JFSA, SCB, CIRO, BAPPEBTI, OJK, BI | SEC, FINRA, CFTC, NFA, CIRO, FCA, CBI, ASIC, SFC, SEBI, JFSA, MAS | NFA, CFTC |
| Bonus | – | – | VIP status with up to 10k+ in rebates – T&Cs apply. |
| Platforms | WebTrader, App | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower | WebTrader, Mobile, MT4, MT5, TradingView |
| Leverage | Yes | 1:50 | 1:50 |
| Payment Methods | 10 | 5 | 9 |
| Visit | – | Visit | Visit |
| Review | – | Interactive Brokers Review |
FOREX.com Review |
Compare Trading Instruments
Compare the markets and instruments offered by Plus500 and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
| Plus500 | Interactive Brokers | FOREX.com | |
|---|---|---|---|
| CFD | Yes | No | No |
| Forex | Yes | Yes | Yes |
| Stocks | Yes | Yes | Yes |
| Commodities | Yes | Yes | Yes |
| Oil | Yes | No | Yes |
| Gold | Yes | Yes | Yes |
| Copper | Yes | No | No |
| Silver | Yes | No | Yes |
| Corn | Yes | No | No |
| Crypto | Yes | Yes | No |
| Futures | No | Yes | Yes |
| Options | Yes | Yes | Yes |
| ETFs | Yes | Yes | No |
| Bonds | No | Yes | No |
| Warrants | No | Yes | No |
| Spreadbetting | No | No | No |
| Volatility Index | Yes | No | No |
Plus500 vs Other Brokers
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Customer Reviews
4.2 / 5This average customer rating is based on 5 Plus500 customer reviews submitted by our visitors.
If you have traded with Plus500 we would really like to know about your experience - please submit your own review. Thank you.

I’ve really enjoyed my time using Plus500. Slick operation with a terrific platform, loads of instruments and their insights are genuinely useful. I’ve often looked at their data on who’s buying and selling, which instruments are hot etc. Also really decent support team when you need them. I had a question about gold options contracts recently and the Plus500 guys resolved it in a few mins.
My experience with Plus500 has been really positive. The platform is straightforward and simple to use, which made getting started easy. I appreciate the wide range of trading options, and the tools they offer help me make informed decisions. Anytime I’ve needed help, their customer service team has been quick to respond and always friendly. I feel confident using Plus500, and it’s made my trading experience enjoyable and hassle-free.
I’m extremely impressed with the wide range of CFD instruments available on Plus500. The platform is very straightforward, so it didn’t take long for me to get comfortable using it. I also appreciate Plus500’s transparency when it comes to their fee structure—right from the start, I knew exactly what fees would apply to my trades. I highly recommend this reliable broker!
The platform is incredible! It works so well for me and the customer service is nice. I haven't collected anything yet, we'll see.
Original Comment
Die Plattform ist unglaublich!
Sie funktioniert so gut für mich und der Kundendienst ist nett.
Ich habe noch nichts abgeholt, wir werden sehen.
I’ve been trading CFDs at Plus500 and have had a mostly good experience. I enjoy the look and feel of the platform while the live analysis from +Insights is excellent. On the downside, I think it’s a shame that scalping isn’t accepted and withdrawals can take the best part of a week.