Intro
Plus500 is a global broker that offers three different trading platforms for trading different asset types. In this article, we review in detail the Plus500 Invest trading platform designed for real stock trading. If you are interested in CFD trading, visit our review of Plus500 CFD.
Plus500 is a trustworhty broker that is overseen by multiple top-tier regulators, such as the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC).
Main highlights of the Plus500 Invest platform
- User-friendliness – easy to use mobile and web trading platforms.
- Low fees – Plus500 Invest offers low trading fees.
- Great account opening – seemless, fast and fully digital account opening process.
Visit Plus500
86% of retail CFD accounts lose money
Plus500 Invest platform
Legitimacy
Plus500 is listed on the London Stock Exchange and is regulated by more than one top-tier financial authority.
Is Plus500 regulated?
Yes, Plus500 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) and
- the Seychelles Financial Services Authority (FSA).
Are my funds protected?
Plus500 operates several subsidiaries and you will be served by one of them depending on your residency. This is important because not each country offers investor protection.
For example, if you are from the UK, your account will be with Plus500UK Ltd and you will get £85,000 in investor protection.
| Client country | Investor protection amount | Regulator | Legal entity |
|---|---|---|---|
| EEA countries (EU, Switzerland, Norway) | €20,000 | Authorized and regulated by the Cyprus Securities and Exchange Commission (#250/14) | Plus500CY Ltd |
| UK | £85,000 | Authorized and regulated by the Financial Conduct Authority (#509909) | Plus500UK Ltd |
| Australia, New Zealand and South Africa | No protection | Licensed by the ASIC (AFSL #417727), Financial Markets Authority (FSP #486026), and FSCA (FSP #47546) | Plus500AU Pty Ltd |
| Singapore | No protection | Licensed by the Monetary Authority of Singapore (#CMS100648-1) and the IE Singapore (#PLUS/CBL/2018) | Plus500SG Pte Ltd |
| Israel | No protection | Licensed by the Israel Securities Authority (#515233914) | Plus500IL Ltd |
| All other clients | No protection | Authorized and regulated by the Seychelles Financial Services Authority (#SD039) | Plus500SEY Ltd |
Background
Plus500, founded in 2008, is based in Israel. 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 in terms of reliability as Plus500 releases financial statements regularly and transparently. Other aspects, such as ownership and regulatory compliance are also transparent. For a detailed description of Plus500 the company, read our in-depth article.
Plus500 Invest platform
Markets and products
Plus500 Invest is a platform for trading real stocks only. If you are interested in CFDs, visit our Plus500 CFD review.
Plus500 Invest grants you access to several stock markets and more than 2,700 stocks to trade. Available stock markets include major ones like the London Stock Exchange (LSE), NASDAQ or the New York Stock Exchange (NYSE) as well as smaller bourses such as the Vienna Stock Exchange.
Fractional shares are not available at Plus500 Invest.
Visit Plus500
86% of retail CFD accounts lose money
Plus500 Invest platform
Fees
Plus500 Invest offers low trading and non-trading fees. Stock trading fees vary based on the stock exchange. There is no inactivity or account fee.
Trading fees
At Plus500 Invest, users pay a flat fee for trading US stocks and a percentage-based fee for all other stocks.
| Stocks | Commission |
|---|---|
| US stock commission | $0.006 per share |
| UK stock commission | 0.045% (min. 2 GBP) |
You can check the commissions charged for other stocks on Plus500 Invest's website.
Non-trading fees
Non-trading fees at Plus500 Invest are favorable. For example, Plus500 does not charge inactivity or account fees.
| Deposit fee | No deposit fee |
| Withdrawal fee | No withdrawal fee |
| Inactivity fee | No inactivity fee |
| Account fee | No account fee |
| Custodial fee | No custodial fee |
| Conversion fee | 0.3% |
Visit Plus500
86% of retail CFD accounts lose money
Plus500 Invest platform
Account opening
The Plus500 Invest account opening is seamless, user-friendly and fully digital . The broker usually reviews account opening requests within a day.
There is a $100 minimum deposit for credit/debit cards and electronic wallets and a $500 minimum deposit for bank trasnfers.
How to open a Plus500 Invest account
If you after an efficient and digital account opening process, look no further: Plus500 is your broker.
When completing the online registration, you will 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, and a toll taxes letter, salary slip or address card to verify your residency.
Visit Plus500
86% of retail CFD accounts lose money
Plus500 Invest platform
Platform features
Plus500 Invest's research options are the same as the ones offered by Plus500 CFD. The platform has great charting tools and market analyses. There are, however, no recommendations or fundamental data.
Charting
The charting tool is of great quality. There are 119 technical indicators and excellent editor tools. You can also save the charts you create.
This is great for clients looking for a massive selection of technical indicators. Most of the popular technical indicators are available, such as RSI, MACD, etc.
You can use multiple charts at the same time when you click on 'Multiple charts view'.
Disclaimer: Illustrative prices.
News feed
Clients have access to a well-designed economic calendar and market analyses prepared by Plus500's research team.
Short analyses about market events and companies are available on Plus500's website under 'News & Market Insights' within the 'Trading' menu item.
We liked the economic calendar. You can filter for macro or company-related events.
Visit Plus500
86% of retail CFD accounts lose money
Plus500 Invest platform
Additional information
For a more in-depth review of Plus500 services, check out the following articles:
Legitimacy
Check which financial authorities oversee Plus500's operations and see if you are entitled to investor protection
Deposit and withdrawal
Learn about deposit and withdrawal options available at Plus500
Customer service
See how you can contact the Plus500 customer service team
Education
Learn trading basics and tricks with the educational materials available at Plus500
Comments