Plus500 review

Spread from

0.6 pips

EUR/USD spread

Approx. 0.6 pips

GBP/USD spread

Approx. 1.2 pips

Commission

$0

All-in cost, EUR/USD

Approx. 0.6 pips

Spread type

Variable

Overnight swap

Both: overnight funding applies; swap-free accounts available in eligible regions

Inactivity fee

Up to $10/month after 3 months without logging in

Withdrawal fee

None for standard withdrawals; charges can apply below minimum thresholds or from third parties

Currency conversion

Up to 0.7%

Cost is the second heaviest, and the one most likely to move a broker several places.

Spreads from 0.6 pips suggest an all-in account, where the broker's fee is built into the price rather than charged separately. There is usually no commission on top, which makes the cost easier to predict.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Plus500 lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Markets

Forex, Shares, Indices, Commodities, ETFs, Options, Cryptocurrencies

Currency pairs

60+

Total instruments

2,800+

Crypto CFDs

Yes, jurisdiction-dependent

Maximum leverage

1:30

Execution model

Market maker

Execution speed

Under 1 second

Order types

Market, limit, stop, stop-loss, stop-limit, trailing stop, guaranteed stop

Servers

Global cloud/data-centre infrastructure

Leverage is capped at 1:30, which is the retail limit under tier-one regulation. It is a protection rather than a restriction: it caps how quickly a position can move against your balance.

Plus500 covers forex, shares, indices, commodities, etfs, options, cryptocurrencies. A wider range matters less than depth in the instruments you actually trade.

Funding options: visa, mastercard, bank transfer, paypal, skrill, apple pay, google pay, trustly and regional methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms

Plus500 WebTrader, Plus500 mobile and desktop platforms

Own platform

Yes

Mobile app

Proprietary

Browser trading

Yes

Automated trading

No

Copy trading

No

Indicators

100+ technical indicators

Third-party tools

TradingView-powered charting features and external market data integrations

API access

No retail API

Plus500 offers Plus500 WebTrader, Plus500 mobile and desktop platforms. A proprietary platform can be excellent, but it means your setup does not transfer if you later change broker.

Regulated by

FCA (509909); ASIC (AFSL 417727); CySEC (250/14); FMA (486026); FSCA (47546); MAS (CMS100648); Seychelles FSA (SD039); DFSA (F005651); EFSA (4.1-1/18); SCB Bahamas (SIA-F250); CIRO; ISA; JFSA; SCA; CFTC/NFA

Regulator tier

Tier 1

Register entry

FCA Financial Services Register, FRN 509909

Client money segregated

Yes

Held at

Segregated client bank accounts with regulated banking institutions

Negative balance protection

Yes

Compensation scheme

FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible Cyprus clients

Audited by

Kesselman & Kesselman, member firm of PricewaterhouseCoopers International

Not available to

United States for CFDs, Belgium, and other jurisdictions where CFD services are prohibited or Plus500 is not authorised

Regulation is the heaviest-weighted input into the position on this page.

Plus500 holds tier-one authorisations from ASIC, FCA, CySEC, MAS, FMA, CFTC/NFA and CIRO. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

It also operates an offshore entity (SCB and FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.

ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.

The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

Check the licence yourself: the FCA Register, ASIC Connect, the CySEC register of investment firms, the New Zealand Financial Service Providers Register, the FSCA list of regulated entities, the MAS Financial Institutions Directory, the Seychelles FSA list of regulated entities, the DFSA public register, NFA BASIC.

Minimum deposit

$100

Account types

Retail, Professional, Demo, Swap-Free

Account currencies

AUD, USD, EUR, GBP and other region-dependent currencies

Islamic account

Yes

Demo account

Yes, unlimited

Professional account

Yes

Minimum trade size

Instrument-dependent; generally from micro-position sizes

Time to open

Typically a few minutes

Deposit methods

Visa, Mastercard, bank transfer, PayPal, Skrill, Apple Pay, Google Pay, Trustly and regional methods

Withdrawal methods

Credit/debit card, bank transfer, PayPal, Skrill and supported regional methods

Deposit time

Instant for cards and most e-wallets; bank transfers typically 1-3 business days

Withdrawal time

1-3 business days processing plus payment-provider processing time

Minimum withdrawal

$50 PayPal/Skrill; $100 bank transfer/cards

Local payment methods

Trustly; Apple Pay; Google Pay and jurisdiction-specific local methods

Support hours

24/7

Contact channels

Live chat, email, WhatsApp

Languages

30 languages

Telephone

N/A

Email

N/A

Live chat response

Typically under 2 minutes

Education

Extensive: Trading Academy, beginner guides, webinars, videos, articles and glossary

Research

Economic news, market insights, +Insights, sentiment and analytical tools

Legal entity

Plus500 Ltd

Company number

514142577

Headquarters

Haifa, Israel

Founded

2008

Publicly listed

Yes, London Stock Exchange (LON: PLUS), FTSE 250

Parent company

Independent

Employees

674

Also trades as

Plus500; Plus500 Invest; Plus500 Futures