Plus500 Review Of 2025

Trading Fees

Plus500 offers four types of accounts: the CFD Account, Professional Account, Invest Account, and Futures Account. The Plus500 CFD Account is the default and is available to all clients worldwide.

• CFD Account: Spread based trading fees from 0.8 pips
• Professional Account: Available to EU-based traders, with maximum leverage of 1:300
• Invest Account: Unleveraged equity trading with brokerage commissions at 0.045% for most markets
• Futures Account: Available to US-based traders, more suitable to advanced traders

Spreads

Plus500 offers two types of spreads: fixed and dynamic. The average EUR/USD and GBP/USD spread is 1.7 pips.

No Commission Spreads: Standard Accounts	EUR/USDAUD/USDEUR/GBPEUR/JPYUSD/CADAUD/JPYGBP/USDUSD/JPYUSD/SGD	EUR/USDAUD/USDEUR/GBPEUR/JPYUSD/CADAUD/JPYGBP/USDUSD/JPYUSD/SGD	EUR/USDAUD/USDEUR/GBPEUR/JPYUSD/CADAUD/JPYGBP/USDUSD/JPYUSD/SGD	EUR/USDAUD/USDEUR/GBPEUR/JPYUSD/CADAUD/JPYGBP/USDUSD/JPYUSD/SGD	EUR/USDAUD/USDEUR/GBPEUR/JPYUSD/CADAUD/JPYGBP/USDUSD/JPYUSD/SGD
	1.70	1.40	1.70	2.40	2.00
	0.62	0.77	1.27	1.30	0.85
	0.93	0.92	0.98	1.31	0.98
	1.00	1.20	1.00	1.20	1.00
	0.80	1.20	1.20	1.50	1.20
	1.00	1.00	1.20	N/A	1.10
	0.80	1.00	1.00	1.50	1.60
	0.90	1.20	2.10	1.10	1.30
	0.90	1.10	1.60	1.80	1.50
	1.00	1.11	N/A	1.30	1.28
	0.84	0.83	1.79	2.32	1.92
	1.10	1.10	1.10	1.20	1.20
	1.20	1.30	1.20	1.20	1.30
	1.20	1.30	1.50	1.70	1.20
	1.10	1.20	1.30	1.40	1.40

Avg. spreads are taken from each broker's website and updated monthly. Last update on 04/01/2025

Their spreads tend to be wider than the average broker as shown below.

Plus500 does not charge any commissions on any of their trades. The no-commission spreads are only available with the ECN style account for more experienced/high-volume traders.

Other Fees

Two additional fees traders may incur is an overnight holding fee and a $10 USD inactivity fee if your account remains unused for three months.

To find out more, you can read our in-depth review of Plus500 fees.

Verdict on Plus500 Fees

Plus500’s spreads suit beginners with its simple pricing structure with no commission.

Trading Platforms

Plus500 provides a proprietary trading platform available as a desktop application, WebTrader, and mobile apps.

The platform is designed with simplicity in mind, making it particularly accessible for beginner traders with a straightforward interface.

While the platform is user-friendly, it may not meet the needs of expert traders accustomed to more sophisticated trading tools available on platforms like MetaTrader 4, MetaTrader 5, or cTrader.

The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform.

Trading Tools on Plus500 Platform

• Charting: Over 100 indicators and various drawing tools for detailed technical analysis.
• Customisable Watchlists: Personalise and track preferred instruments.
• Alerts: Notifications on client sentiment data.
• Economic Calendar: Includes news from Dow Jones and instrument details from Yahoo Finance.
• Demo Account: Plus500 offers an unlimited demo account, allowing traders to familiarise themselves with the platform’s features and services risk-free.

Mobile Trading Apps

The Plus500 mobile app, available for mobiles and tablets on both Android and iOS (iPhone and iPad), replicates the WebTrader platform’s functionality, ensuring a smooth transition across devices. It encompasses features such as real-time alerts, live quotes, charts, and a demo account for practice trading.

Although the app is solid in its fundamental offerings, it falls short in some advanced features and functionalities like automated trading.

Trade Experience

In our Best Forex Brokers In Australia analysis, the Plus500 trading platform won the award for the most user-friendly forex platform and interface. To  determine this, we tested the CFD provider’s live account and compared its features to other brokers trading platform offerings.

It’s important to note that Plus500 is not suitable for scalping strategies, as accounts employing rapid trade executions within a two-minute window may be subject to closure.

Verdict on Plus500 Trading Platforms

Overall, the Plus500 offers a good trading platform for beginners, providing an uncomplicated, user-friendly entry point.

Open a demo accountVisit Plus500

*Your capital is at risk ‘72% of retail CFD accounts lose money’

Is Plus500 Safe?

Plus500 has a trust score of 78 out of 100, making it a safe broker to trade with.

Trust Score

0

regulation

0

reputation

0

reviews

0

Regulation

Plus500 is regulated by five ‘tier-1’ financial authorities, which include the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investment Commission (ASIC), the Monetary Authority of Singapore (MAS), and New Zealand’s Financial Markets Authority (FMA).

Reputation

Plus500 was established in Haifa, Israel, in 2008, which means they have almost two decades’ worth of visibility in the industry.

The broker is quite popular with traders, with over 246,000 searches per month.

Reviews

Plus500’s TrustPilot score is 4.0 out of 5.0 from 12,099 reviews. This further strengthens the broker’s reliability and confidence score.

Verdict on Plus500’s Trustworthiness

Plus500 has shown a high level of trust, which garnered its top scores all over.

How Popular Is Plus500?

Plus500 is one of the most popular online brokers globally, particularly in the CFD trading sector. It receives around 270,000 Google searches each month, ranking it as the 8th most searched forex broker worldwide.

Web traffic data from Similarweb supports this popularity, with Plus500 being the 9th most visited broker in February 2024, drawing 6,888,000 global visits.

In terms of client base, the broker had 254,138 active customers in 2024 — a 9% increase year-over-year — and added 118,010 new customers, marking 30% annual growth.

Financially, Plus500 reported $768.3 million in revenue and $342.3 million in EBITDA for 2024, along with $3 billion in client deposits. The average deposit per active customer was approximately $12,000.

The company operates in over 60 countries, is listed on the London Stock Exchange, and is part of both the FTSE 250 and STOXX Europe 600 indices, confirming its strong global footprint and credibility.

Country	2024 Monthly Searches
Italy	22,200
Germany	18,100
United Kingdom	14,800
Spain	9,900
Australia	8,100
Netherlands	8,100
Poland	8,100
United States	5,400
South Africa	5,400
Switzerland	5,400
Portugal	4,400
United Arab Emirates	4,400
Greece	4,400
Sweden	2,900
Austria	2,900
Mexico	2,900
Hong Kong	2,400
France	1,900
Singapore	1,900
Argentina	1,600
Taiwan	1,300
New Zealand	1,300
Colombia	1,300
India	1,000
Cyprus	880
Saudi Arabia	720
Malaysia	720
Turkey	720
Ireland	720
Chile	590
Japan	390
Egypt	390
Pakistan	320
Thailand	320
Canada	320
Brazil	320
Indonesia	320
Nigeria	320
Morocco	210
Vietnam	170
Philippines	170
Algeria	170
Bangladesh	170
Dominican Republic	140
Jordan	140
Costa Rica	140
Cambodia	110
Peru	90
Venezuela	90
Panama	90
Kenya	70
Ghana	70
Uzbekistan	70
Sri Lanka	40
Ecuador	40
Tanzania	30
Ethiopia	30
Uganda	30
Botswana	20
Bolivia	20
Mauritius	10
Mongolia	10

2024 Average Monthly Branded Searches By Country

Italy	22,200 1st
Germany	18,100 2nd
United Kingdom	14,800 3rd
Spain	9,900 4th
Australia	8,100 5th
Netherlands	8,100 6th
Poland	8,100 7th
United States	5,400 8th
South Africa	5,400 9th
Switzerland	5,400 10th

load full table

Deposit and Withdrawal

Plus500 offer multiple fee-free options to deposit and withdraw funds.

What is the minimum deposit at Plus500?

To open a trading position with Plus500, a minimum deposit of $100 or equivalent in your currency is required.

Account Base Currencies

The base currencies available at Plus500 include EUR, USD, JPY, GBP, AUD, CAD, and JPY.

Deposit Options And Fees

Plus500 charges no deposit fees with the following funding methods available:

• Credit Cards/Debit Cards (Mastercard, Visa)
• Electronic Wallets (Skrill, PayPal)
• Bank Transfer

Withdrawal Options And Fees

Customers are not charged any fees for withdrawing funds. When you withdraw funds from your trading account in a foreign currency, you may be charged foreign exchange fees.

If you withdraw funds to PayPal, you’ll receive slightly less due to PayPal’s foreign exchange rates being worse than transferring to your bank account.

Product Range

Plus500 offers a range of 2,800+ financial products to trade as CFDs including forex, shares, commodities, and options.

CFDs

Forex: Plus500 offers CFD trading on 71 different forex pairs ranging from major currency pairs to more exotic currencies.

Shares:The platform offers more than 1,100 stock CFDs, allowing traders to speculate on global stock movements.

Indices: Plus500’s offering includes 30 indices, featuring popular ones like the USA 500 and US-TECH 100.

Cryptocurrencies: 15 crypto CFDs are available, including major names like Bitcoin, Ethereum, and Litecoin.

Note: Cryptocurrency trading is prohibited  in the UK  by the Financial Conduct Authority (FCA).

Commodities: A variety of commodities, from gold and oil to agricultural products, are available for CFD trading.

ETFs (Exchange Traded Funds): Traders can choose from 98 ETFs, including the NASDAQ-100 Index, S&P 500, and Gold, traded as CFDs.

Options: Options CFDs are offered at various strike prices, providing additional trading flexibility.

Verdict on Plus500 Trading Products

Plus500 offers an extensive selection of CFD trading products, including forex, shares, indices, cryptocurrencies, commodities, ETFs, and options, catering to a broad range of trading interests and strategies.

Customer Service

Plus500 provides 24/7 customer support through email and live chat, available in multiple languages.

The customer service team is available in 30 languages and has a local office in Sydney, ensuring efficient issue resolution. Responses to inquiries are prompt and without delay.

However, a significant limitation is the absence of a direct phone line, which may be a concern for customers needing immediate assistance, especially in the fast-paced forex trading industry.

Verdict on Plus500 Customer Support

Plus500 offers reliable 24/7 customer support through email and live chat in over 30 languages, backed by a dedicated team in their Sydney office for efficient resolution of issues.

Research and Education

Plus500 provides several educational materials for beginners as well as advanced traders.

• Trading Academy will teach you about trading and financial markets. Traders can learn about economic facts, terms, and available instruments for trading.
• News & Market Insights show the latest information on the markets from around the globe.
• Economic Calendar to help you plan your trades and future orders
• Risk Management tools to help you maximise profits
• Alerts to your device in real time

Verdict on Plus500’s Education

Plus500’s educational and research offerings, including a Trading Academy, market insights, and practical tools like an Economic Calendar and real-time alerts, provide valuable resources for traders at all levels.

Final Verdict on Plus500

Our team of experts gave Plus500 a 57/100 because they have low fees, fixed spreads, negative balance protection, and a simple-to-use platform combined with a guaranteed stop offering.

Although they offer several benefits for beginners, expert CFD traders may prefer more mainstream forex platforms with higher leverage to increase their risk profile. That said, the company offers a wide range of trading products that customers might find useful.

Overall, Plus500 is worth considering for those looking to make their first steps towards currency trading.