Plus500 is a financial broker with a long history of achievements and success. It is well-known for its sports partnerships with top teams in different countries. It was established in 2008 and worked very hard on updating its services to provide the best trading experience for its users.
Plus500 is trusted by more than 22 million traders around the world, handling a trading value of $800 billion in more than 300 million active market positions. There are 2800+ tradable assets available with Plus500, where you can execute different market orders on currencies, shares, indices, commodities, ETFs, and options.
This broker is headquartered in the UK, and Plus500 is regulated by top authorities that ensure the safety of the trading process and that any malpractice is unlikely to take place. Plus500 is characterized by simplicity. There are a few types of trading accounts that you may use, and an easy-to-use trading platform.
However, this is not all. In this Plus500 review, you will find out all about the broker’s important features. We already did our research and analyzed the services that Plus500 provides, so in case you are interested, make sure to check it out.
Here Are the Pros and Cons
- Regulated by multiple high authority regulators
- 2,800+ assets from 7 financial markets
- Demo account available
- Variety of educational material
- Consistent mobile app trading
- Only one trading account type is available
- cTrader is not available as well as MetaTrader
- Inactivity fees start after 3 months
Plus500 Fact sheet
Main features | |
Regulations | Australia, Cyprus, Israel, New Zealand, Seychelles, Singapore, South Africa, UK |
Fees on deposits | 0 USD |
Fees on withdrawal | - |
Inactivity fees | 10 USD/m10 USD per month after 3 months of inactivity |
Minimum deposit | 100 £/€/$ depending on account currency |
Minimum account activation | 100 USD |
Number of available assets | 2,700+ real stocks on the Plus500Invest platform and 2800+ CFDs on the Plus500CFD platform |
Leverage up to | 1:30 Leverage can be lower in some parts of the world |
Available trading markets | CFDs on Stocks, Commodities, ETFs, Forex, Indices, Options |
Account currencies | EUR, USD, GBP |
Demo account | Yes |
Live account types | Live account |
Islamic account | Yes |
Security | |
Negative balance protection | Yes |
Part of compensation fund | Yes |
Keeps funds on segregated bank account | Yes |
Assets | |
Forex | 66 |
Shares | 1200 |
Cryptocurrencies | N/A |
Indices | 31 |
Commodities | 22 |
Total | 2,700+ |
Fees & spread | |
Forex | From 0.8 pips (info from 30/09/2022 12:54) |
Shares | From 0.75% 0.75% Avg. Spreads on Tesla (info from 30/09/2022 12:54) |
Cryptocurrencies | N/A |
Indices | From 0.7 (info from 30/09/2022 12:54) |
Commodities | From 0.04 (info from 30/09/2022 12:54) |
Software | |
Platforms | Plus500 WebTrader |
Mobile trading support | Yes |
Mac device support | Yes |
Commodities | Yes |
Payment systems | |
Payment methods | Bank Transfer, Credit/Debit Card, PayPal, Skrill |
Minimum deposit | Bank Transfer, Credit/Debit Card, PayPal, Skrill |
Minimum withdrawal | Bank Transfer, Credit/Debit Card, PayPal, Skrill |
Withdrawal processing time | Instant Withdrawals take up to 7 business days |
Time to open an account | - |