Plus500 Review 2025

Is Plus500 regulated?

Yes, it is regulated by several financial authorities:

• the Cyprus Securities and Exchange Commission (CySEC)
• the UK's Financial Conduct Authority (FCA)
• the Australian Securities and Investments Commission (ASIC)
• the Financial Markets Authority (FMA) of New Zealand
• the Financial Sector Conduct Authority (FSCA) of South Africa
• the Monetary Authority of Singapore (MAS)
• the Israel Securities Authority (ISA)
• the Dubai Financial Services Authority (DFSA) and
• the Seychelles Financial Services Authority (FSA).

Is Plus500 safe?

To be certain that a brokerage is safe, we highly advise that you check two facts:

• how you are protected if something goes wrong
• the background of the broker.

How you are protected

Plus500 operates several subsidiaries; which one will serve you depends on your residency. The investor protection amount you get depends on the country of the entity you are signing up with.
For example, if you are from the UK, your account will be with Plus500UK Ltd and you will get £85,000 in investor protection. Plus500UK Ltd is regulated by the FCA, the UK's financial authority.

Plus500 provides negative balance protection for CFD trading. This means that if the balance on your account should go into negative territory, you will be protected.

Our brokerage experts put together a comprehensive guide on the safety profile of Plus500.

Background

Plus500 is based in Israel and was founded in 2008.The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises.
Plus500 is listed on the Main Market of the London Stock Exchange, which is a big plus for reliability as Plus500 releases financial statements regularly and transparently. Other aspects, such as ownership and regulatory compliance are also all transparent. For a detailed description of Plus500 as a company, read our in-depth article.
A financially strong parent company is a plus since it can provide the online broker with additional capital if needed. As of December 2021, the biggest owners of the company were mostly large investment banks and asset management companies, including Morgan Stanley. The biggest owner, Odey Asset Management, had a 9.42% stake.
Being listed on a stock exchange, publishing financial statements and being regulated by a top-tier authority like the FCA are all great signs for Plus500's reliability.

Find your safe broker

Account base currencies

At Plus500, you can choose from the following 48 base currencies:

At Plus500, there are several currencies available, even minor ones.
The default account currency is set based on your country of residency. You need to contact support if you wish to change your base currency.

Plus500 offers a great base currency selection when compared to its closest competitors.

Why does this matter? For two reasons. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you won't have to pay a conversion fee.

A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone.

Deposit fees and options

Plus500 charges no deposit fees.

There are a lot of depositing options at Plus500, including bank transfers, credit/debit cards, or electronic wallets.

Here's all you need to know about minimum deposit requirements and depositing money at Plus500.

A bank transfer can take several business days, while payment with a credit/debit card is instant. You can only deposit money from accounts that are in your name.

Plus500 supports the following electronic wallets:

Which e-wallet options are available depends on your region; not all options are available in every country.

Plus500 withdrawal fees and options

Plus500 withdrawal is free of charge. There is however a minimum withdrawal amount, which is $50 for PayPal/Skrill and $100 for bank transfers and credit/debit cards.
The same withdrawal methods are available as for deposits.

Read our guide containing all key info on available withdrawal methods and related fees at Plus500.

You can only withdraw money to accounts in your name.

How long does it take to withdraw money from Plus500? We tested the debit card transfer withdrawal and it took more than 3 business days.

How do you withdraw money from Plus500?

1. Log in to your account.
2. Click the 'Menu' icon in the top left corner.
3. Click 'Withdraw'.
4. Enter the amount you'd like to withdraw.
5. Initiate the transaction by clicking 'Open a Withdrawal'.

Can you open an account?

Visit broker
82% of retail CFD accounts lose money

Plus500 accepts customers from many countries all around the world. Plus500's futures trading service is available to US clients too.

Read our separate article on how to get your account started with Plus500.

What is the minimum deposit at Plus500?

The required Plus500 minimum deposit is $100.

This minimum deposit is for debit/credit cards and electronic wallets. If you transfer funds via bank transfer, the minimum deposit is $500.

Account types

Plus500 only offers one account type for most clients, which is often referred to as a Retail account.
You can apply for a Professional account only if you meet two of the following three criteria:

• Sufficient trading activity in the last 12 months
• Financial instrument portfolio over €500,000
• Relevant experience in the financial services sector

How to open your account

If you want an efficient and digital account opening process, Plus500 is the provider for you.
After the online registration, you have to verify your identity and provide proof of residency. You can upload a copy of your ID or passport to verify your identity, and a bank statement or utility bill to verify your residency. Alternatively, you can use a driving license or a residence permit for ID verification, or a toll taxes letter, salary slip or address card to verify your residency.

The Plus500 mobile platform is very similar to the web platform. It has the same functionalities and is also user-friendly: same order types, same options for notifications. This is a great addition for investors trading CFDs, as they can be notified of sudden price changes in time.
You can download the trading app for iOS, Android and Windows. You can also use your smartwatch, but we stuck to a conventional smartphone and tested the mobile iOS app. It was great.

The mobile trading platform is available in several languages.

Look and feel

The Plus500 mobile platform is well-designed and user-friendly.

Login and security

Plus500 provides a safer, two-step login for its mobile platform.

You can log in using biometric authentication, which is a convenient feature.

Search functions

The search functions are good.

Placing orders

You can use the following order types on the mobile trading platform:

• Market
• Limit
• Stop
• Trailing stop
• Guaranteed stop

There is a single order time limit you can use: Good 'till Canceled (GTC).

Alerts and notifications

You can set alerts and notifications on the Plus500 mobile platform.

Our analysts personally tested Plus500's mobile trading platform; read the Plus500 mobile app review for a detailed verdict on its performance and features.

Visit broker
82% of retail CFD accounts lose money

Plus500 has its own-developed web platform, called Web-Trader.

The web trading platform is available in several languages.

Look and feel

The Plus500 web platform has a clean, well-designed look and is user friendly. You can choose a dark mode as well.
On the downside, you cannot customize the platform.

Login and security

Plus500 provides a safer, two-step login.

Google and Facebook authentication are also available, which is quite convenient.

Search functions

The search functions are good.

You will have no trouble finding anything. You can find the products categorized on the left or you can search by typing in the product name.

Placing orders

You can use the following order types:

• Market
• Limit
• Stop
• Trailing stop
• Guaranteed stop

Guaranteed stop guarantees that your position will be closed even if there is a large market movement. However, if you use it, the spread will be wider. This is the extra cost of using this order type.

If you are unfamiliar with some of these terms or want to learn more, read our overview of order types.

There is a single order time limit you can use: Good 'till Canceled (GTC).

Alerts and notifications

You can set price alerts and notifications on the Plus500 web trading platform.

We liked the platform's alert and notification functions. This is great, as investor accounts can easily lose money if they are not notified of sudden price changes. You can set up email, SMS and push notifications.
The alert lets you know if the price of an asset reaches a certain level or changes by a set percentage. Additionally, you can sign up to be alerted if the Plus500 Traders' Sentiment (the percentage of buyers and sellers among Plus500 customers) reaches a certain level.

Portfolio and fee reports

Plus500 has clear fee reports.

It is clearly indicated how much you paid in overnight fees. The composition of your current portfolio is also made clear, which you can check in the bar at the top of the platform.

Multiple Charts

Plus500 clients can view up to 9 charts simultaneously on Web-Trader. To enable Multiple Charts on the web trading platform, look for a button with four quadrants on the chart's toolbar.

Visit broker
82% of retail CFD accounts lose money

Plus500 is a CFD broker. To learn more about CFDs read our CFD trading tips. If you are interested in real stock trading visit our Plus500 Invest review.
Plus500 offers a good selection of CFDs.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

You can also trade options on a few stock CFDs and stock index CFDs. There are thematic indexes as well that you can trade, e.g. Cannabis index.

Leverage

You cannot change leverage levels, which is a drawback. Changing the leverage is a very useful feature when you want to lower the risk of your trade. Be careful with CFD trading, as the preset leverage levels are high and investor or CFD accounts can easily lose money when trading CFDs.
All in all – be careful, as there's a high risk of losing money here.

Disclaimer

No information, nor financial advice related to online trading is offered through contact.

We recommend Plus500 for experienced traders looking for an easy-to-use platform and a great user experience.

Below you can find links to all aspects of Plus500 in this comprehensive collection.

Lower fees, lower costs?

We detailed this in our Plus500 fees article.

How to open your Plus500 account?

Look no further than our evaluation of the Plus500 account opening.

How to buy/sell silver on Plus500?

Research in the silver on Plus500 guide

I want to trade options, are they available at Plus500?

We explored the topic in Can you trade options on Plus500?

How do you withdraw money from Plus500?

We tested it and collected the options and costs in How to withdraw money on Plus500.

Further reading:

• About Plus500  
• Plus500 alternatives
• Plus500 demo account 
• Plus500 API
• Plus500 share price
• Plus500 webtrader
• How to close your Plus500 account
• Can you buy stocks on Plus500? Yes, and here's how