Plus500 Review Of 2026
Plus500 is a multi-asset fintech offering CFDs, Futures, and Shares. On this website we review the providers CFD platform which features variable spreads, no commissions, 2,800+ instruments, and strong global regulation.
The stand out feature for us is its proprietary WebTrader which has advanced charting, sentiment tools, and risk management tools like their guaranteed stop-loss orders.
Written by Justin Grossbard
Edited by David Levy
Fact Checked by Noam Korbl
Edited by David Levy
Fact Checked by Noam Korbl
Updated:
- 67 Forex Brokers reviewed by our expert team
- 50+ years combined forex trading experience
- 14,000+ hours comparing brokers fee + features
- Structured and in-depth evaluation framework
Our broker reviews are reader supported and we may receive payment when you click on a partner site.
Plus500 Summary

| 🗺️ Tier 1 Regulation | ASIC, FCA, CySEC, MAS, CIRO, CFTC |
| 🗺️ Tier 2 Regulation | FMA, DFSA, EFSA, JFSA, CMA |
| 🗺️ Tier 3 Regulation | FSCA, FSA-S, SCB, Bappebti |
| 📊 Trading Platforms | Plus500 Trading Platform |
| 💰 Minimum Deposit | $100 |
| 💰 Withdrawal Fees | $0 |
| 🛍️Markets Available | CFDs(Forex,Shares,Crypto,Commodities), Futures* |
| 💳Credit Card Deposit | Yes |
*Futures are only available via Plus500US (U.S. entity).
Why Choose Plus500
Plus500 stands out from other providers due to its strong focus on its proprietary trading platform, available via web browser as well as iOS and Android apps. The platform offers advanced charts, a wide range of technical indicators, risk management tools such as guaranteed stop-loss orders, and +Insights for trading data and market sentiment.
These features provide a solid foundation for trading Plus500’s 2,800+ CFD instruments, which generally offer low spreads and no commissions, and no hidden fees.
While Plus500 does have a few weaknesses, these are relatively minor. The platform does not support algorithmic trading, copy trading, social trading, or API integrations, and certain trading strategies such as scalping are restricted. Despite these limitations, Plus500 is regulated in 15 jurisdictions and listed on the London Stock Exchange, making it one of the most trusted CFD providers or brokers in the industry.
Plus500 Pros and Cons
- Licensed in 15+ jurisdictions
- Transparent and competitive spreads
- Guaranteed stop-loss order
- No deposit and withdrawal fees
- Over 2800 CFDs covering 7 asset classes
- Great proprietary trading platforms
- No access to MT4, TradingView or cTrader
- Inactivity Fees
- No algo trading
- No social or copy trading
- Scalping, Hedging not permitted
Note: This review is focused on Plus500 outside the USA, where CFD products are available. Plus500US Ltd (for the USA) is a separate entity with different offerings.
Open Demo AccountOpen Live Account
*Your capital is at risk ‘80% of retail CFD accounts lose money’
The overall rating is based on review by our experts
Trading Fees
Plus500 offers you three types of CFD accounts: the Demo, Real and Professional Account. The Plus500 CFD Account is available to all clients worldwide.
- Demo account: Unlimited access to test strategies and practice
- Real Account: Spread-based trading fees from 0.8 pips with retail leverage
- Professional Account: Available to Australia, UK and EU-based traders, with maximum leverage of 1:300. In Singapore this account is called Accredited Investors.
This CFD Provider operates on a highly transparent model where the primary cost is the bid/ask spread, this means there is no additional commission to the spread. As part of my research I found their fee structure to be one of the most competitive in the industry, particularly for high-volume traders who benefit from tight, dynamic spreads.
Plus500 prioritises an institutional-grade spread model for you as a trader, delivering spreads as low as 0.8 pips on major CFD Forex Pairs. You get these spreads without the complexity found in “raw” accounts which have separate commission
Standard Account Fees
The Standard CFD Account is optimized for efficiency, featuring zero commission with competitive spreads, no deposit fees, and no withdrawal fees.
Plus500 advertises dynamic spreads for EUR/USD starting from 0.8 pips. This is the lowest available level and typically occurs during peak liquidity periods, such as the London/New York session overlap.
In practice, spreads for EUR/USD are usually slightly higher, ranging between 0.9 and 1.1 pips, and can widen to around 1.3 pips during off-peak trading hours.
In addition to spreads, overnight funding (swap) charges apply when positions are held past a certain time (typically 10 PM UTC). These fees vary depending on the instrument and market conditions and are clearly displayed within the trading platform. Swap fees are standard across most brokers, except for those offering Islamic (swap-free) accounts, as such charges do not comply with Sharia law.
Overall, Plus500 remains competitive regardless of the time of day you trade. The table below shows how Plus500 compares to other brokers.
No Commission Spreads: Standard Accounts | |||||
|---|---|---|---|---|---|
![]() | 0.80 | 1.00 | 1.50 | 1.70 | 2.10 |
![]() | 1.00 | 1.00 | 1.27 | 1.20 | 1.10 |
![]() | 0.83 | 0.83 | 1.02 | 1.02 | 1.14 |
![]() | 1.00 | 1.20 | 1.00 | 1.00 | 1.10 |
![]() | 0.80 | 1.20 | 1.20 | 1.20 | 1.50 |
![]() | 1.00 | 1.00 | 1.20 | 1.30 | 1.00 |
![]() | 0.80 | 1.00 | 1.00 | 1.00 | 1.00 |
![]() | 1.20 | 1.90 | 1.90 | 1.90 | 2.30 |
![]() | 1.20 | 1.40 | 1.40 | 1.60 | 1.50 |
![]() | 1.00 | 1.11 | N/A | 1.32 | 1.09 |
![]() | 0.60 | 0.60 | 0.90 | 0.90 | 0.70 |
![]() | 1.10 | 1.10 | 1.10 | 1.30 | 1.40 |
![]() | 0.60 | 0.70 | 0.90 | 1.10 | 0.70 |
![]() | 1.20 | 1.30 | 1.20 | 1.20 | 1.20 |
![]() | 1.20 | 1.41 | 1.47 | 1.47 | 1.61 |
Avg. spreads are taken from each broker's website and updated monthly. Last update on 2026-01-03
Other Fees
Beyond trading costs, Plus500 applies a $10 inactivity fee if an account remains unused for three months, which is a standard industry practice to maintain account security and platform integrity.
Additionally, currency conversion fees may apply when trading instruments denominated in a currency different from your account’s base currency. This conversion fee will usually be up to 0.7% of the trade’s realised net profit and loss and reflected in real time into the unrealised net profit and loss of an open position.
Trading Platforms
The proprietary Plus500 ecosystem is a great choice if you prefer mobile trading. The WebTrader and app are developed in-house to deliver a seamless, high-speed experience, combining news, analysis, and trade execution within a single interface.
While the platform offers a wide range of useful features, it does have some limitations. Automated (algorithmic) trading is not supported, and there are no copy trading, social trading, or API integration options available.
Plus500 is well-suited to manual traders, but it may not be ideal for certain strategies. In particular, scalping is not permitted on the platform, and the lack of automation further limits its suitability for traders who rely on high-frequency or system-based approaches.
| Trading Plaform | Available With Plus500 |
|---|---|
| MetaTrader 4 | No |
| MetaTrader 5 | No |
| cTrader | No |
| TradingView | No |
| Proprietary Platform | Yes |
Plus500 Web Trading Platform
After spending time using the Plus500 web platform, one thing that stood out immediately was how lightweight it feels. The platform loads quickly in the browser and runs smoothly without requiring any downloads or installations.

The main dashboard shows the most important information right away, including account balance, open positions, pending orders, and watchlists. I didn’t need to search through several menus to find anything. The search bar also works well, letting me quickly locate instruments from Plus500’s list of more than 2,800 CFDs.
Opening a chart places it front and centre on the screen, with the buy and sell buttons located directly beside it. To test the workflow, I opened several charts and placed a small test trade. The order ticket allows you to adjust position size, stop loss, and take profit levels while the platform automatically updates the required margin and potential P/L in real time before confirming the trade. This makes it easy to understand your exposure before entering the market.
The charting tools cover most of what traders need for technical analysis. The platform includes over 100 technical indicators, around 13 chart types, and more than 20 drawing tools, along with multiple timeframes ranging from short-term charts through to weekly views. I was also able to display multiple charts on the same screen, which helps when monitoring several markets at once.
While the charting isn’t as advanced as TradingView in terms of custom indicators and advanced tools, the charts load quickly and respond smoothly when switching between instruments or indicators.
Plus500 also includes several tools built directly into the platform. Trader sentiment data is displayed alongside instruments, showing the percentage of traders currently buying or selling a market. Other features include real-time trading alerts like price alerts, Change % (daily or hourly) and Traders’ Sentiment alerts Lastly there is an integrated economic calendar that highlights upcoming market events.
There is one last feature worth a mention for security. Both the WebTrader and the mobile app offer an automatic logout due to inactivity, preventing unauthorised access to the account if left logged somewhere.
What stood out while testing the web platform:
- Fast-loading browser-based platform
- Real-time margin calculations when adjusting trades
- 100+ indicators, 13 chart types, and 20+ drawing tools
- Multi-chart layouts for monitoring several markets
- Built-in trader sentiment data
- Integrated economic calendar
- No download or installation required
Plus500 Mobile App
The Plus500 mobile app closely mirrors the experience of the web platform. When I logged into the app, my watchlists and open positions were already synced automatically without needing to configure anything.
The layout is clearly designed for smaller screens. The order ticket includes all the key controls such as position size, stop loss, take profit, and guaranteed stop options without feeling cramped.
Charts also work well on mobile devices. I was able to zoom into price movements with pinch gestures and rotate the phone into landscape mode for a wider chart view. Indicators and chart tools are accessible from the chart menu, making it possible to perform basic technical analysis directly from the app.
In terms of integration, the mobile app and web platform stay synced for watchlists, open trades, and alerts, which makes it easy to switch between devices during the trading day. One small limitation I noticed is that chart layouts and indicators do not always sync between devices, so charts may need to be adjusted when moving from desktop to mobile trading.
Another feature I found useful is the alert system. The app can send push notifications for price alerts, margin warnings, and trade executions, helping traders keep track of positions without constantly monitoring the platform.
Security features are also well implemented. The app supports biometric login through Face ID or fingerprint authentication, allowing quick but secure access to the trading account.
Features I noticed while using the mobile app:
- Instant synchronisation with the web platform
- Touch-optimised layout designed for mobile trading
- Biometric login (Face ID / fingerprint)
- Real-time push notifications for alerts and executions
- Landscape chart mode for better chart viewing

Key (Unique) Features Of Plus500 Platforms
Guaranteed Stop Loss Orders (GSLO)
In addition to common risk management tools such as negative balance protection, take profit and stop loss orders, and trailing stops, Plus500 also offers Guaranteed Stop Loss Orders (GSLO).
Many brokers do not provide GSLO functionality, particularly on third-party platforms such as MT4, MT5, TradingView, or cTrader.
A GSLO allows traders to set an absolute limit on potential losses. This means that if the market moves against your position, the trade will close exactly at the specified price regardless of volatility or market gaps. In other words, a GSLO removes the risk of slippage that can sometimes occur with a standard stop loss order.
While GSLOs can be a useful risk management tool, particularly for newer traders or those trading during volatile market conditions, there is a cost involved. With Plus500, the GSLO premium is applied through a wider spread when the order is placed. This cost is charged upfront and is not refundable, even if the GSLO is never triggered.
Some brokers, such as OANDA, only charge the GSLO premium if the stop is actually triggered.
The exact premium can vary depending on how far away the guaranteed stop level is placed from the entry price. For traders who want additional protection against market gaps or sharp volatility, this added cost may be worth the extra certainty.
Insights+
Another feature available on the Plus500 platform is Insights+, which provides traders with market insights directly within the trading interface.
Insights+ highlights trading opportunities based on factors such as price volatility, trending markets, and unusual trading activity. For example, the tool can identify instruments experiencing increased price movements or assets that are attracting higher levels of trader interest.
The feature also incorporates data such as trader sentiment and trending instruments, allowing traders to quickly spot markets that may be gaining momentum.
While Insights+ should not replace independent analysis, it can be a useful way to discover new markets or keep track of instruments experiencing increased activity.
Is Plus500 Trustworthy?
Plus500 has a trust score of 9 out of 10, making it a trustworthy CFD Provider to trade with.

Regulation
I think that Plus500 has an outstanding regulatory coverage, which puts it at the top ranks for this category amongst competitors.
Plus500 operates through 12 subsidiaries, each authorized and regulated in different jurisdictions.
This includes the UK’s Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). The image below covers all the jurisdictions Plus500 is regulated in or licenced to operate in.

Plus500 Ltd is a FTSE 250 company listed on the London Stock Exchange, which requires the company to publish their financial reports publicly. They have a solid track record and have been operational since 2008, with their headquarters in Haifa, Israel.
TrustPilot Reviews
Plus500 has almost 20,000 reviews on TrustPilot, with a very high score of 4.2 out of 5 stars, which is impressive, given its scope. Most users mentioned positive experiences highlighting the ease of use for the proprietary app and quick withdrawals.

Deposit and Withdrawal
Plus500 offers a straightforward deposit and withdrawal process with no fees charged by the CFD Provider, though third-party payment provider fees may apply.
Minimum Deposit
To begin trading with a live account, you need a minimum deposit of $100, which provides an accessible entry point for you as a retail trader. This initial capital gives you full access to the platform’s advanced risk management and analysis tools.

Account Base Currencies
Participants can choose from a wide range of account base currencies, including GBP, EUR, USD, AUD, and SGD. There are 48 base currencies in total which you can choose at registration or by contacting customer services.
Be careful when opening your account to minimize the impact of currency conversion on their trading performance.
Deposit and Withdrawal Options and Fees
Plus500 offers $0 fee deposits and withdrawals through Visa/Mastercard, PayPal, Skrill, and bank transfers, with regional options like Apple Pay also supported. While the provider does not charge fees, your bank or payment processor may apply their own transaction costs.
Product Range
Plus500 provides you access to a broad range of over 2,800 CFDs across multiple asset classes, including forex, shares, and cryptocurrencies. While products are generally the same with Plus500 in all countries, crypto is not available in Canada and only for pro traders in the UK. I also notice options is not available for traders in Canada
- Forex: You can access CFDs on over 85 currency pairs, including majors, minors, and exotics, with leverage up to 1:30 for retail clients (based on your region).
- Shares (Stocks): CFDs on over 2000 global stocks from exchanges like the NYSE, LSE, and ASX, allowing traders to speculate on share price movements.
- Indices: Plus500 lets you trade 60+ indices CFDs, including major global indices such as the S&P 500, FTSE 100, and the Germany 40 (DAX).
- Commodities: A variety of commodity (30+) CFDs, including precious metals like gold and silver, energies like oil, and agricultural products.
- ETFs: 130 CFDs on popular Exchange-Traded Funds, providing exposure to a basket of assets.
- Options: 25+ monthly underlyings and over 5 weekly CFDs on options allow traders to speculate on the price movement of an underlying asset on a specific future date.
- Cryptocurrencies: 40+ CFDs on leading digital currencies like Bitcoin and Ethereum, though availability is subject to local regulation.

Leverage
Leverage with Plus500 varies significantly by jurisdiction and entity, ranging from the regulation-mandated 1:30 for retail clients in Europe, Australia plus the UK and up to 1:300 for professional traders and clients in certain regions.
For traders who qualify as “Professional Clients” under regulations such as ESMA, FCA or ASIC rules, Plus500 offers higher leverage. Please note that reclassifying from retail to professional client may result in the loss of retail client protections.
One thing to note is that leverage for Pro accounts are generally lower than other brokers have. For example many brokers have leverage for Forex of 1:500 with a pro account but Plus500 limits this to 1:300.
| Instruments Category | Retail Account (Australia,NZ, UAE, UK, EU) | Professional Account (Australia,NZ, UK, EU) | Retail Account (Canada) | Retail Account (Singapore) | Retail Account (Seychelles) |
|---|---|---|---|---|---|
| Major Forex | 1:30 | 1:300 | 1:33.3 | 1:50 | 1:300 (1:200 in Bahamas) |
| Minor Forex | 1:20 | 1:300 | 1:16.6 | 1:20 | 1:300 |
| Major Indices | 1:20 | 1:150 | 1:10 | 1:20 | 1:150 |
| Gold | 1:20 | 1:150 | 1:18 | 1:5 | 1:150 |
| Commodities (excluding Gold) | 1:10 | 1:150 | 1:15 | 1:5 | 1:150 |
| Minor Indices | 1:10 | 1:150 | 1:6.66 | 1:20 | 1:150 |
| Shares | 1:5 | 1:20 | 1:2 | 1:5 | 1:20 |
| Options | 1:5 | 1:5 | Not offered | 1:5 | 1:5 |
| ETFs | 1:5 | 1:100 | 1:3.33 | 1:5 | 1:100 |
| Crypto | 1:2 | 1:2 | Not offered | 1:1.67 | 1:2 |
Customer Service
Customer care is a core pillar of the Plus500 experience, with 24/7 multi-lingual support delivered through email, live chat, and a highly efficient WhatsApp channel.
During my testing I found that their dedicated teams for trading and payments are directly connected to ensure rapid resolution of any issues. I contacted their support to ask a complex question about fee calculation.
My assigned agent clearly answered my question within just five minutes. The biggest upside here is the multilingual support, which is part of the reason for Plus500 popularity.
Research and Education
The Plus500 “Trading Academy” provides you with an extensive suite of educational tools, including “How-to” videos, webinars, and deep-dive articles on market trends.
I can find up-to-date topics like the 2026 AI supercycle with insight on how this could impact certain markets. Integrated within the platform, the “+Insights” tool provides you real-time data on performance and trends based on millions of actual trades.
Overall their education content feels very refined, and in combination with their unlimited demo account, makes this CFD Provider suitable if you are a beginner CFD Forex trader.
Final Verdict on Plus500
Plus500 is an excellent choice if you are a trader seeking an intuitive, competitive costs, and user-friendly platform. You get to trade a wide variety of CFDs including cryptocurrencies, indices, shares and options.
Its strength lies in its transparent fee structure (with no commissions and tight spreads)
However, experienced traders and those who rely on advanced charting packages, automated trading (EAs), or third-party platforms like MT4 will likely find Plus500 limiting.
Plus500 FAQs
What is the minimum deposit at Plus500?
The minimum deposit required to open a live trading account is $100 (or the equivalent in your account’s base currency, such as £100, €100, or R1,500).
Does Plus500 charge commission?
No, Plus500 does not charge commissions on trades. The CFD Provider is compensated through the buy/sell spread and other fees, which is the difference between the bid and ask price.
Is Plus500 regulated?
Yes, Plus500 is regulated. Its subsidiaries are authorized by several global regulators, including the UK’s FCA, Australia’s ASIC, and Cyprus’s CySEC.
What trading platforms does Plus500 offer?
Plus500 offers its own proprietary trading platform, which is accessible via a web browser and a mobile app (iOS and Android). It does not support MetaTrader (MT4/MT5) or cTrader.
Does Plus500 have a demo account?
Yes, Plus500 offers a free, unlimited demo account. It allows you to practice trading with virtual funds without any time limit or risk.
About CompareForexBrokers
All reviews and forex provider comparison tables were created by Australians who don’t work for any of the forex providers compared. The forex provider comparisons information was gained from each provider’s website (including this Plus500 Review) or from demo & trading accounts. The forex comparisons look at elements, including the trading platforms, spreads and key trading features. Each financial services provider compared must be ASIC regulated, including the account types offered. Tables were designed to make forex trading setup easier, providing the pros/cons of different providers. The providers selected are all nationally certified with a strong market share to avoid scams or other poor conduct of some smaller unregulated forex service providers.
Justin Grossbard
Having traded since 1998, Justin is the CEO & Co-Founder of CompareForexBrokers in 2014. Justin has published over 100 finance articles in publications ranging from Forbes and Kiplinger to Finance Magnates. He has a master’s degree in commerce and has an active role in the fintech community. He has also published a book in 2023 on investing and trading.
Verdict
Fees
Trading Platforms
Safety
Funding
Product Range
Support
Market Research 














Ask an Expert
Does Plus500 offer negative balance protection?
Historically Plus500 distinguished itself from many brokers as they always included Negative Balance Protection.
While Plus500 still include this feature, all brokers regulated by ASIC, FCA or European Regulators such as CySEC of BaFIN much offer Negative Balance Protection.
Is Plus500 a Forex Broker or CFD Provider?
Plus500 prefer to call themselves a CFD Provider rather than a broker. This might be to emphasise their range of product which is quite diverse
Can you owe money on Plus500?
No, all clients with Plus500 receive negative balance protection
is plus500 safe?
Yes, we consider Plus500 to be a highly trusted broker. We gave them a score of 78 out of 100 for trust and 87 out of 100 for regulation. Regulation plays a large role in trust and Plus500 is regulated 9 regions including 5 tiers 1 regulators. Plus500 is also listed on the London stock market (LON:PLUS) which requires the broker meet strict guidelines set by the regulator.
Is Plus500 good for day trading?
While you can day trade with PLus500, day traders and scalp traders tend to prefer RAW spread rather than Standard style accounts so there may be better brokers to consider.
Is Plus500 better than eToro?
eToro and Plus500 target different markets. eToro is best for social and copy trading, Plus500 is best for traditional Forex trading and has a guaranteed stop loss option for risk management.
Can I buy Bitcoin on Plus500?
Plus500 doesn’t sell Bitcoins directly. However, you can trade Bitcoin CFDs (Contracts for Difference) instead. This allows you to speculate on BTC’s price movements without owning the actual digital currency,
Does Plus500 provide VPS?
NO, Plus500 does not provide VPS