500+ Review

PLUS500 | 500+ | 500PLUS

Plus500, founded in 2008, is a world leading online Contracts for Difference (CFDs) trading platform for financial instruments such as Forex, ETF, stocks, commodities and market indices. The Plus500 brand is owned and managed by Plus500 Ltd, a public listed company on the London Stock Exchange AIM market. Listed in 2013, Plus500 Ltd’s market capitalization value reached in excess of $1 billion by 2014. Today, Plus500 Ltd operates through several subsidiaries bearing the Plus500 brand.

Plus500 Regulations

In the UK, it operates under Plus500UK Ltd under the regulatory oversight of the UK’s Financial Conduct Authority (FCA, FRN 509909). Plus500 also operates under Plus500CY Ltd which comes under the jurisdiction of the Cyprus Securities Exchange Commission (CySEC, Licence No. 250/14). For Australia, New Zealand and South Africa the operations are conducted through Plus500 AU Pty Ltd under the purview of the Australian Securities & Investments Commission (ASIC, AFSL #417727). Using only the latest technology, Plus500 offers their clients a safe and secured trading environment for them to trade in over 2000 different financial instruments.

Plus500 Reliability

Having operated now for close to a decade, Plus500 has managed to carve a name for itself as a trustworthy and reliable broker. The broker has always pride itself as being in the forefront of market innovation. They are constantly introducing new products and services to meet their clients’ trading needs. However Plus500’s reliability extends beyond the services that it is providing traders. The company is also a public listed company with a solid financial background on the London Stock Exchange. Finally, Plus500 abides by and complies with international laws and is regulated in 3 different jurisdictions namely UK, Cyprus and Australia.

There are also additional layers of protection which Plus500 is able to offer to their clients. For example:

  • All client money is held in segregated client bank accounts in accordance with the Financial Conduct Authority’s client money rules.
  • Plus500 uses its own money for hedging, it does not use client money for this purpose.
  • Plus500 does not pass client money through to hedging counter-parties.
  • Plus500 does not initiate speculative positions in the market.
  • Plus500 has no exposure to corporate or sovereign debt.
  • Plus500 does not invest the money of retail clients.

Plus500 Trading Platforms

Plus500 provides their clients with a cutting edge proprietary trading platform. The desktop trading platform is a web based or downloadable client application, the web based requires no software download or installation hence making it very accessible from most of the countries in the world.


Mobile Platform

The Plus500 trading platform is available not only as a web based trading platform but also as a mobile trading app for traders who wants to trade using their smartphones or mobile devices.

Plus500 is available on Android, iOS and Windows. The broker iOS app provides its clients the opportunity to trade around the clock via iPhone, iPad and Apple iWatch. The Android app is very stable and supports all various devices.

Plus500 User Interface

The user interface of the trading platform is simple and easy to understand. The trading screen is divided into 3 main sections with the menu functions located on the left side of the trading screen. The upper section of the trading screen displays the available assets for trading while the lower part of the trading screen displays the trading chart. The chart can be viewed as a line chart or as a candlesticks chart. There are also technical indicators available which you can overlay on the chart for a more detailed analysis of the price movements. The time frame of the chart can also be adjusted from 1 minute view to 1 week view.


Apart from all various trading features mentioned above, the Plus500 trading platform also comes with several key risk management tools such as “Close at Profit”, “Close at Loss”, “Guaranteed Stop”, “Trailing Stop” and Price Alerts.

  • Close at Profit: Allows you to close a trade automatically once it reaches the designated profit level.
  • Close at Loss: Allows a trade to be closed automatically if a trade reaches a defined stop loss level.
  • Guaranteed Stop: With a guaranteed stop, it puts an absolute limit on your potential losses regardless if there is slippage. This tool is especially useful for markets which are extremely volatile.
  • Price Alerts: A price alert warns you that a trade has reached a specified price. Unlike a Stop order, a price alert doesn’t close a trade but merely serves as a tool to help keep abreast of developments in the market.


Plus500 Account Types

To maintain simplicity, Plus500 has only provided 2 types of accounts for their clients, a standard trading account and a demo account. The account opening process is straight forward with minimal steps. Simply click on “Sign Up” to be directed to the account signup page.

On this page, you will be asked to decide between a Real Money account and a Demo account. Our recommendation at this stage is for you to select the Demo account. If you are a new user, we suggest that you opt for the Demo account since you always have the option to switch to a real money account at a later stage.

Once you have selected demo mode for your account, you will be taken to the account registration page. Simply fill in the required information on the form and then click on the “Create Account” button. If you require any assistance prior to creating your trading account, click on “Live Chat” to call up the pop window for the live chat. After you have confirmed all the details are correct and have clicked on the Create Account button, you will be taken directly to the trading screen. If you wish to trade with real money, select the real money account mode under the Menu located on the left side of the trading screen.

Plus500 Commissions & Spreads

When it comes to the selection of a broker, one of the key factors that has to be taken into consideration is the trading cost. Costs can be divided into 2 categories, commissions and spreads. For Plus500, there are no commissions involved in any trade. Instead, traders are required to pay tight spreads on the assets that they are trading with. The following list below shows the typical Minimum spreads that are applicable at Plus500 (Note that there are dynamic spreads).

Instrument Spreads
Gold (XAU) 0.03%
EUR/USD 0.01%
GBP/USD 0.01%
EUR/GBP 0.03%
UK 100 0.01%
ASX 200 0.01%
FDAX 0.01%
USO Oil Fund (ETF) 0.29%
Brent Crude 0.04%
Wheat 0.25%

Plus500 Deposits & Withdrawals Options

Deposits and withdrawal at Plus500 are simple, supported with the following methods:

  • Major Credit Cards such as VISA, MasterCard.
  • Bank Wire Transfer
  • Paypal
  • Skrill

To make a deposit, simply follow the following steps:

  • Step 1: Click “Funds Management” and then Select “Deposit”
  • Step 2: Select the preferred deposit options
  • Step 3: Fill in the required fields on the form and click “Submit”

To initiate a withdrawal, the process is similar to when you are trying to deposit funds. Instead of depositing, you just select the withdrawal options under “Funds Management”. The typical processing time required for a withdrawal request is 1 to 3 business days. Once the withdrawal request is approved, it will still take a few additional days for the funds to appear in your account:

  • Credit Cards: In accordance to the credit card bank processing time.
  • Bank Wire Transfer: Normally within 5 business days
  • eWallets: 3 to 7 business days

Plus500 Customer Support

Customer support at Plus500 is available on a 24/7 basis. Traders can get in touch with customer support through email or live chat. To make it easier for non English speaking traders, Plus500 website and platform is available in 31 different languages. Some of the main languages that are supported include German, French, Spanish, Chinese, Bahasa Melayu, Polish, Russian, Dutch, Italian and Arabic.


  • Regulated in Multiple Jurisdictions
  • User Friendly Trading Platform
  • Wide range of trading assets
  • Great Mobile Platform


  • FAQ poorly positioned making it hard to find
  • No MetaTrader Trading Platforms
  • No Trading Education Support

Plus500 Bonus & Promotions

CySEC – Prohibition bonus for regulated compant


Plus500 Q&A

  • Is Plus500 regulated?

Yes. Plus500 is regulated in 3 different jurisdictions. In the UK, Plus500 is under the jurisdiction of the FCA (FRN 509909) . In Australia, New Zealand and South Africa Plus500 under the subsidiary Plus500AU Pty Ltd is regulated by ASIC (AFSL #417727). Plus500 also operates under Plus500CY Ltd and is regulated by CySEC (Licence No. 250/14).

  • How safe is Plus500? Is Plus500 a scam?

Plus500 abides by all its regulatory requirements designed to protect traders and it also complies with international operating standards. In addition, Plus500’s traders are protected under investor’s compensation scheme in UK and Cyprus. Morover, Plus500 is a public company listed in London Stock Exchange.

  • How does Plus500 make money?

Plus500 makes money on charging traders tight spreads on assets traded. Plus500’s spreads are competitive relatively to other forex & CFD’s companies.

  • How to deposit in Plus500 account?

You can deposit funds into your Plus500 account a credit card, bank wire transfer or ewallet.

To make a deposit, click this page and simply follow the following steps:

  • Step 1: Click “Funds Management” and then Select “Deposit”
  • Step 2: Select the preferred deposit options
  • Step 3: Fill in the required fields on the form and click “Submit”
  • How to withdraw money from Plus500?

Withdrawals at Plus500 are done through credit cards, bank wire transfer and ewallet. To initiate a withdrawal, the process is similar to when you are trying to deposit funds. Instead of depositing, you just select the withdrawal options under “Funds Management”. The typical processing time required for a withdrawal request is 1 to 3 business days.

  • How to open an account with Plus500?

Click Here

  • Is Plus500 reliable?

Yes. They are listed on the London Stock Exchange and have been in operation since 2008. Plus500 is regulated by UK’s Financial Conduct Authority (FCA, FRN 509909), the jurisdiction of the Cyprus Securities Exchange Commission (CySEC, Licence No. 250/14), the Australian Securities & Investments Commission (ASIC, AFSL #417727).

  • Does Plus500 use MetaTrader?

No. Plus500 doesn’t use MetaTrader trading platforms. Plus500 uses its own proprietary trading platform available as a web based platform as well as a mobile trading app.

  • What is Plus500’s leverage?

While the leverage is depending on a specific instruments, Plus500’s maximum leverage available is 1:300. The leverage given by Plus500 is in line with the client needs and requirements and is attractive compared to other competitors in the industry.


Plus500 has an impressive range of instruments which they are able to cover. We were equally impressed with the functionality and ease of their WebTrader platform. In addition, being a listed company in London Stock Exchange, Plus500 provides its clients with a reliable and trustworthy operation. As for the quality of Plus500’s services, the broker has managed to demonstrate that it is able to cater almost all traders in the industry. It is not surprising that Plus500 is one of the most popular names in online trading.

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