Tell us what you think of this provider.
Bad
Very Bad Conditions
Response From Provider
Thank you for taking the time to share your experience. We’re sorry to hear that you weren’t satisfied, as this isn’t what we aim for. We always try to offer clear conditions and a reliable trading platform, and feedback like yours helps us improve. If you’re open to it, our Customer Support team would be happy to look into your concerns and see how we can help.
plus 500 5 star application
i have been use plus 500 since 2012 easy to use fast and exellent in deopsit and withdraw
Use of their ‘Section 22.6’ of PLUS500 user agreement ! STAY WELL CLEAR
DO NOT TOUCH THIS PLATFORM, WHEN YOU MAKE ANY MONEY, THEY CLOSE OTHER TRADES IN THE RED, TELLING YOU IT WAS YOUR CLOSURE, THEY GET THEIR MONEY BACK THAT WAY. THEIR PLATFORM CLOSED ME OUT FOR AGES AND LEFT TRADES NEEDING ATTENTION. BECAUSE I HAVE MADE MONEY, SHOWED I CAN RECOVER MONEY AFTER BAD TRADES, THEY HAVE JUST ISSUED ME 14 DAYS NOTICE USING THEIR AGREEMENT Sections 22.6 of the User Agreement, this allows PLUS500 to close your account anytime without needing to provide a reason! They are not going to let any negative balances recover. I had already had enough of them. Luckily I have kept cash out of the account, I think they realise I won’t be paying anymore in, hence they cannot take even more money by closing positions in the negative, and decided to close my account hoping they will make more gains from the trades still open. Absolutely disgusting people, I am moving to a highly reputable trader, should have gone there in the first place, instead of dealing with cowboys.
As they have replied, I did reach out to them for help. and for that my account is being closed with no reason given. I accepted all my losses and took full responsibility for that, as the market has been in a strong correction. I queried 3 trades, then, as soon as I am able to make some money back, they prohibit me for trading, I feel punished for asking for help. I have never been rude, always polite and courteous to staff. I am very upset by this awful and unwarranted treatment, I would not place another penny in this account, rather walk away with my losses, and learn from my mistake of trusting a platform such as PLUS500! Just awful, awful treatment, no reason provided.PLUS500 is happy to take thousands, no chance of closing my account when my money was flowing in, until I realised each time I made money, a trade was closed to recover the money by your platform.
In my opinion from my experience you do not want anyone to make any money, as you are basically a common betting site, it isn’t any wonder the moment a person might be in a position to make some gains as the market rises, you freeze trading.
PLUS500 is not set up for anyone to HOLD stock due to the overnight funding fees, which soon add up.
I reiterate they did indeed cite
‘Sections 22.6 of the User Agreement’
They can close your account without giving any reason.
Exactly what they did, they can decide something you are doing does not abide by their ‘agreement’ you won’t know what, your account will stop you trading, so you won’t be able to cover any losses, so you are left helpless with no explanation. I will be reporting this company to the U.S Departments who will not be happy they treat U.K tax payers this way. They need looking into, definitely auditing,
This review will appear everywhere I can place it to warn others, grandparents. Mums and dads who believe they are placing their money in a place where they will be treated fairly. I would not want others to lose money, then be disallowed to trade to make the money back as the market lifts out of a deep correction.
I will be closing my trades before they get a chance to make money as I do not want anything to do with your betting site. Bet red or green, place your bets, but don’t for goodness sake, win!
Response From Provider
We’re truly sorry to read how upsetting this experience has been, and we understand how stressful it can feel when trading outcomes and account decisions don’t meet expectations. Plus500 does not intervene in trades based on profitability, and positions are closed only according to platform rules, margin requirements, or user actions. Account reviews are carried out in line with our User Agreement and regulatory obligations. We encourage you to continue the conversation with our Customer Support team so your concerns can be reviewed in detail.
Manipulators
Robbers close your positions with nonsense justifications , always trade opposite to your position would ask to to share their bank cards pictures with security code, licensed robbers
Response From Provider
We’re sorry to hear about your frustration. We’d like to clarify that Plus500 never asks for security codes or full card details. In some cases, we may request documents showing only the last four digits and the account holder’s name to verify ownership and keep accounts secure. We encourage you to contact Customer Support so your concerns can be reviewed.
Solid broker
“This thing is pretty slick. Lots of options, easy to use, and they’ve got real people to help out if you need it. No complaints so far, it’s doing what it’s supposed to do.”
So far so good..
I’m still exploring their service, but as a new user, I find the website very helpful.
You can use leverage
It’s good cause you can trade with leverage. Easy to use, easy interface and there’s good leverage. I’ve made some good amounts of money thanks to leverage.
User-friendly platform
Plus500 is a well-regarded trading platform known broad range of trading options, including forex, stocks, cryptocurrencies, indices, and commodities. The platform is especially user-friendly, making it accessible. It offers a solid trading experience for those looking for an easy-to-use, comprehensive platform.
Intuitive platform
The Plus500 platform is intuitively designed, making it ideal for advanced users, with clear charts, real-time data, and essential risk management tools like stop-loss and take-profit options.
Fantastic Platform
Plus500 is a fantastic trading platform for those seeking a reliable, user-friendly experience. It covers a wide range of markets, including forex, stocks, cryptocurrencies, commodities, and indices
Solid
That platform is fantastic – it is easy, it has everything, I make profits, it gives me my profits. Super good.
a reliable platform
I’ve been trading with Plus500 for some time now, and I’m happy with the experience so far. The platform is straightforward to use, and I appreciate the wide range of markets. The spreads are reasonable, and I’ve had no issues with deposits or withdrawals. Overall, I’m satisfied with the service and feel comfortable using it for my trades.
Plus500 is my go-to trading platform
I appreciate the wide range of instruments available, from stocks and indices to cryptocurrencies and commodities. The real-time charts and risk management tools are top-notch, helping me make informed decisions. Plus, their customer service is responsive and helpful.
I love this trading app
I’ve had a fantastic experience using this trading platform. The interface is intuitive, making it easy to navigate even for beginners. The tools provided are powerful yet simple, with real-time data and comprehensive charting options that help me make informed decisions quickly. It’s a reliable and efficient platform for anyone looking to trade with confidence. Highly recommended!
I like the charts
The charts are very clear and easy to read, making it simple to understand, They give a straightforward view that helps with understanding and analyzing information.
Good
I’m still in the learning process, but so far, I’m pleased with my experience. The verification process was smooth, and the demo has been very helpful.
A wide variety of instruments
They’ve got most global indexes, stocks, and commodities covered. The interface is easy to use, and their support team is friendly and helpful.
Smooth and Reliable Experience with Plus500
I’ve had a great time using Plus500. The platform is really reliable, and I like how they have real-time data and a range of trading options. I found the fees to be clear, with no surprises, and deposits and withdrawals have been fast and easy. The risk management tools are a big plus. Overall, it’s been a straightforward and positive experience.
Great Experience with Plus500!
I had a fantastic experience with Plus500. The platform is user-friendly and easy to navigate, which made it simple for me to start trading. I was especially impressed with their customer support – they were quick to respond and super helpful in answering my questions.
The demo account was also a great feature that helped me get familiar with the tools before trading for real. Deposits and withdrawals were smooth which I really appreciated. They offer everything I need for a successful trading experience. Highly recommended!
Decent platform
The platform suits my needs and I quite enjoy it. It has a lot of instruments, it’s quick, easy, everything is placed conveniently for you to see. I’ll continue using it.
Plus500 Expert Review
Plus500 Expert Review: A user-friendly platform with access to global markets
Provider: Plus500
Verdict: Plus500 is one of the largest online trading platforms and operates in more than 50 countries worldwide. Founded in 2008, it has more than 26 million customers today. Plus500 is headquartered in Israel, however, it’s listed in the UK on the London Stock Exchange (it’s a member of the FTSE 250 index). Here in Britain, its platform is operated by Plus500UK Ltd, which has offices in London. In the UK, you can only trade CFDs with Plus500. CFDs are financial instruments that allow you to profit from the price movements of a security without owning the underlying security itself.
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Is Plus500 a good broker?
Yes, Plus500’s trading platform has evolved nicely over the years from a simple interface to an intuitive execution venue for CFDs on the major markets and stocks.
Opening a Plus500 account is really simple:
- Submit some documents to the company (identification, residence verification, etc.)
- Read through several documents and complete a questionnaire
- To be able to trade, you will need to fund your account (in the UK, the minimum initial deposit is £100).
Pricing: It’s dynamic so moves with the market for minimum spreads.
Plus500 does not charge any trading commissions when you place a CFD trade. However, there are some fees you need to be aware of including:
- Overnight funding fees – This is either added to or subtracted from your account when holding a position after a certain time
- Currency conversion fee – There is a fee (0.7%) for all trades on instruments denominated in a currency different to the currency of your account
- Guaranteed stop-loss order fees – If you request a guaranteed stop loss on a trade, there will be a small fee
- Inactivity fees – If you do not log in to your trading account for three months, a fee of up to USD $10 per month will be applied to your account.
Withdrawals are free of charge no matter how many you make per month.
Deposits are also free of charge.
Market Access: Very good, Plus500 are always first to try new asset classes
With Plus500, you can trade CFDs on a range of assets and instruments including:
- Shares (e.g. Lloyds Bank, Tesla, Apple)
- Currencies/forex (e.g. GBP/USD)
- Commodities (e.g. gold, oil)
- Options (exchange-traded options)
- Exchange-traded funds (ETFs)
- Indices (e.g. FTSE 100, S&P 500, ESG indices)
Overall, there are over 2,800 assets you can trade with CFDs.
The maximum amount of leverage you can use with Plus500 varies depending on the asset class as shown in the table below. If you are trading forex, you can potentially borrow up to 30 times your own money. For shares, you can only borrow up to five times your own capital.
Plus500 margin rates:
- Shares – 1:5
- Forex – 1:30
- Commodities – 1:20
- Indices – 1:20
- Options – 1:5
- ETFs – 1:5
Platform & Apps: Basic execution, but it does the job well
Plus500 trading apps and platform also offers several tools to help traders manage risk including:
- Stop-loss orders – Traders can use these orders to automatically close out a losing position at a specific level
- Guaranteed stop-loss orders – A guaranteed stop-loss puts an absolute limit on your potential loss from a losing trade
- Trailing stop-loss orders – This type of stop loss moves upwards as the price of the security being traded rises
- Take profit orders – Traders can use these orders to automatically close out a winning position at a specific level.
Customer Service: Plus500 doesn’t have a phone option, but its live chat is sufficient
Plus500’s customer service options are limited to online chat, email and WhatsApp. So, you can’t contact the company by telephone. However, don’t let that put you off. We contacted the company via online chat and were very impressed with the service and support offered.
It’s worth noting that support is available 24/7. This is a big plus – some other CFD providers only provide support during the week.
If you are a larger or professional trader you can get access to Plus500’s Premium Service Package which includes:
- A dedicated premium service client manager.
- Periodic emails containing expert analysis of upcoming trading events.
- External trading webinars.
- A premium service customer support team.
The premium service is invitation only. To become a premium customer, you must have a real-money trading account.
However, if you want better margin rates but are not interested in the premium package you can upgrade to a professional account. The Plus500 professional account is an account designed for professional traders. With this account, you have access to higher levels of leverage (e.g. 1:20 for shares).
To be eligible for a professional account, you must meet two of the following three criteria:
- You’ve performed an average of at least 10 transactions per quarter, of significant size, over the previous four quarters on the relevant market (with Plus500 and/or other providers)
- You have a portfolio worth more than €500,000 (including cash savings and financial instruments)
- You have worked in the financial sector for at least a year in a professional position that requires knowledge of the related transactions or services.
Research & Analysis: Some sentiment, but limited education and analysis. Plus500 offers a range of additional features designed to help traders make money, including:
- Charting tools – Plus500’s platform offers charts with a wide range of indicators and drawing tools to help traders identify and capitalise on patterns and trends (there 13 charting tools and over 100 indicators)
- Market news – On its website, there is a section dedicated to news and market insights
- Alerts – With Plus500, you can set up real-time email, SMS, and push notifications for trade alerts (e.g. price alerts or % change alerts)
- An economic calendar – The economic calendar is designed to help traders prepare for important economic data (e.g. inflation data, retail sales data, job reports, PMI data)
- +Insights – This is a feature that allows Plus500 users learn more about market trends based on the company’s internal data (e.g. most bought stocks, most sold stocks)
- Watchlists – Users can manage multiple watchlists.
- Trading Academy – Plus500’s Trading Academy offers a range of educational products including eBooks, videos, and FAQs
- Webinars – Plus500 offers regular webinars to its professional clients
- A free unlimited demo account – With the demo account, novice traders can learn to trade CFDs without risking real money.
Pros
- With Plus500, you can trade CFDs on a range of assets including shares, currencies, indices, and ETFs.
- There are no commissions when placing a CFD trade on Plus500’s platform.
- Plus500 offers a range of features to help traders navigate the markets and capitalise on opportunities including charting tools, alerts, an economic calendar, and market news.
Cons
- Other platforms offer more markets than Plus500.
- You can only trade CFDs on the platform (you can’t invest in stocks directly).
- You can’t contact the company by telephone if you require support.
- Pricing (4.5)
- Market Access (5)
- Online Platform (5)
- Customer Service (4.5)
- Research & Analysis (4)
Overall
4.676% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Plus500UK Ltd is authorized and regulated by the Financial Conduct Authority (FRN 509909).
Plus500 News
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Richard BerryRichard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape. Having worked as a broker at Investors Intelligence and a multi-asset derivatives
Can you trade forex on Plus500 in the US and does it offer day trading reduced leverage?
Yes, Plus500 offers on-exchange currency futures, so when you trade forex with Plus500, you are trading on the CME and ICE. It’s a good platform for new traders to get started as there are mini and micro FX contracts available and you only need $100 to get started. Richard BerryRichard is the founder of
Plus500 Options Trading UK Expert Review
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Plus500 CFD Trading Expert Review
In this expert review, we test Plus500 with real money and explain if it is a good CFD trading platform in the UK. You should consider whether you can afford to take the high risk of losing your money. Richard BerryRichard is the founder of the Good Money Guide (formerly Good Broker Guide), one of
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Plus500 has been added to the STOXX 600 index of significant listed European companies, representing what the trading platform called a “milestone” in its growth. In an email to clients, the CFD trading platform said: “This milestone signifies the growing impact and the trust we’ve earned within the financial world.” The STOXX 600 index covers
US Futures trading helps Plus500 onboard 25,000 new customers
Plus500 customer numbers rose nearly 25,000 customers in the three months to the end of September, as its drive to attract customers to its US futures platform bore results. In its latest quarterly trading update, the CFD-focused trading platform announced it had added 24,922 new customers during the reporting period, representing a 21% rise year
Plus500 adds Google Pay functionality
CFD broker Plus500 has enabled Google Pay on its platform, making it simpler for users to undertake transactions. The update allows Plus500 clients to deposit or withdraw funds to the broker without having to use their card details. The option is now available from the app’s deposit screen. “Leave complexity behind and step into simplicity!
eToro Versus Plus500: Which is the better trading platform?
Based on our analysis, eToro is better than Plus500. eToro scores higher overall in all categories. However, there are some aspects of Plus500 that are better than eToro. I’ve been testing each broker for years, for our reviews, and both have come a long way over the past decade. In this guide I’ll tell you
Plus500 interim earnings highlight its credentials as a market leader
Multi-asset broker Plus500 has surprised the market, and investors, once again, with its recent interim earnings release. What did the interim earnings tell us? Plus500 reported net half-year profits of $148.80 million up modestly from the comparable period in 2023. Earnings per share or EPS at the business grew by +18.0% year over year to
Why can’t the media get it that Plus500 does not offer spread betting
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The proliferation of social media websites has upended human interaction forever. These ‘digital coffee houses’ allow banter of all sorts to grow and thrive. The impact on the investment world can not be overstated. Who could, for example, forget the reddit-fuelled Gamestop saga? In a matter of days, GameStop’s share price surged a few hundred
Plus500 FAQs
Plus500 is regulated by the UK’s Financial Conduct Authority (FCA) meaning customers’ money must be kept in segregated accounts. So, the platform should be seen as safe. However, CFD trading is risky. With this form of trading, it’s easy to lose money, especially if you use leverage.
Plus500 could be a good platform for beginners as it offers a demo account, and you can start trading in a real account with just £100. However, beginner investors should be aware of the risks of CFD trading. Plus500 states on its website that 80% of retail traders on its platform lose money trading CFDs.
The minimum deposit at Plus500 is £100.
Yes, Plus500 has an app for both iOS and Android. Through the app, you can monitor your positions and place trades. The app only gets a review score of 3.8 on Apple’s App Store, however. Some users have complained that the app crashes at times.
No. In the UK, it’s not possible to trade crypto CFDs due to regulation from the Financial Conduct Authority (FCA).
Plus500 is mainly compensated for its services through the spreads between buy and sell prices on securities.
CFDs are financial instruments that allow you to profit from the price movements of a security without owning the underlying security itself. With CFDs, you can trade securities in both directions. You can also use leverage to increase your position size.
Leverage can be used to trade a larger amount of money than you have deposited for a trade. Using leverage can potentially increase your trading profits. However, it can also magnify your trading losses.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
To contact Richard, please ask a question in our financial discussion forum.
