76% of retail investor accounts lose money when trading CFDs with this provider.
- Experts highlight Plus500 as a strong platform for options trading, noting its user-friendly interface and access to major markets, although they caution about the limited range of available instruments and basic order types. The platform's pricing is rated well, with a total score of 4.1/5, reflecting competitive spreads and a straightforward trading experience.
- Across 146 user reviews on Good Money Guide, averaging 3.7/5, customers frequently commend the platform's user-friendly design and wide variety of trading options, including forex and commodities. However, some users express dissatisfaction with customer service and issues related to trade closures, indicating a mix of positive experiences alongside significant concerns about reliability and support.
Plus500 Options Trading UK Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated Plus500 Options Trading UK across five key areas of our review framework.
- Pricing4.0
- Market Access4.0
- App & Platform4.5
- Customer Service4.0
- Research & Analysis4.0
Pros
- Major markets options
- Simple interface
Cons
- Limited market range
- Basic order types
See full expert review
Our verdict
Plus500 lets you trade options in the UK as a CFD on US stocks, EURUSD international indices, volatility and commodities.
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 good for options trading?
When I was trying out options trading on Plus500, I was going to try and make up for the horrible luck I had when shorting Reddit CFD trading on Plus500. Basically, I went short on Reddit as I assume that our grand master Google will at some point turn on them and stop ranking them for every query possible with hopeless, outdated answers. But alas, literally, 30 minutes after I'd opened the position, Trump announced his 90-day tariff delay, and the market shot up, and my stop was hit.
I still think I'm right about Reddit and will put the position on again, but in the meantime, I thought I'd take the other side of the position and go long Google. Now, you can do this as a CFD, but one of the great things about options trading is that when you only have a little bit left in your account, you can put on a fixed risk/high reward position by buying out-of-the-money call options.
I think Google (Alphabet) is going to go higher, and as the market, they are a survivo,r and no matter what people think about their AI overviews, I like them.
I'm not the only one who likes Google, either. Looking at Plus500's Insights tool, 99% are buyers, and is also has the 4th highest buy ratio of all instruments in the last 7 days. I take sentiment with a pinch of salt, but nevertheless, it's quite nice to be part of the majority sometimes.
So I bought some May 165 Calls for $3.95 each and will leave them sitting there for the next few weeks to see if they bounce of the support levels.
Pricing: Options spreads are dynamic, and commission is built in. For the Alphabet calls, I bought the spread, which was only 0.25, which is good enough for taking a speculative medium-term position.
Market Access: You can trade options on all the major indices, including the VIX (for volatilty), natural gas is very popular and the major US stocks. Only one FX pair (EURUSD) though. But lots of indices and commodities.
Apps & Platform: Very easy to use for beginners. However, if you are a beginner options trader it is worth starting with a demo account and utilising a brokers trading academy, webinars, and insights for learning and to understand the risks involved.
Customer Service: I got through to an agent in about two minutes when asking about overnight charges on options positions on the live chat, no phone number though in case of emergencies.
Research & Analysis: There is not much options trading educational material, but the insights tab is good for seeing what other Plus500 traders are doing. Social channels are very quiet as well.
Customer reviews for Plus500
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 146 reviews
- Excellent42%
- Very good18%
- Basic18%
- Poor9%
- Bad12%
What customers like
- User-friendly platform
- Wide range of trading options
- Helpful customer support
What customers dislike
- Manipulative trading practices
- Unfair trade closures
- High fees on withdrawals
Read customer reviews
User-friendly platform
I’ve had a great experience with Plus500! The platform is user-friendly and offers a wide range of trading options, which keeps things exciting. I love the advanced charting tools and analytics, helping me refine my strategies. Transactions are quick and hassle-free, and the educational resources are a great bonus for learning more about trading. The customer service team is also fantastic—always ready to assist. I highly recommend Plus500 to anyone looking to enhance their trading journey!
Exceptional Experience – Highly Recommend!
I've been trading on Plus500 for a while now, and I couldn't be happier! The platform is sleek and easy to use, making it simple to execute trades quickly. I appreciate the variety of educational resources available, which have helped me improve my skills. The low fees and competitive spreads are a huge plus, too. Customer support is top-notch—always friendly and quick to resolve any issues. Overall, Plus500 has exceeded my expectations, and I highly recommend it to fellow traders!
Great Platform
I've been using the Plus500 platform for the past few months, and I'm really impressed! The user interface is intuitive and easy to navigate, making trading a breeze for both beginners and experienced traders. The variety of assets available is fantastic, and the real-time data helps me make informed decisions. Customer support is responsive and helpful, which is a big plus. Overall, Plus500 has made my trading experience enjoyable and profitable. Highly recommend!
Plus500 experiences
I’ve had an outstanding experience with Plus500 as a trading platform. Its user-friendly interface makes it easy to navigate markets and execute trades, whether you’re a beginner or an experienced trader. The app's quick response times, real-time data, and a wide range of available assets (stocks, forex, commodities, and cryptocurrencies) create a dynamic trading experience. I especially appreciate the demo account feature, which allowed me to practice strategies without risk before investing real funds. Plus, their customer support has been responsive and helpful whenever I’ve needed assistance. Overall, Plus500 has been a reliable, enjoyable trading tool! :)
My favourite broker
Plus500 has been an excellent trading platform, combining simplicity with powerful features. The platform offers a huge range of trading options, from stocks to forex and even cryptocurrencies, which gives me a lot of flexibility in my investments. The real-time charts and alerts help me stay on top of market trends, and I find the fee structure to be transparent and reasonable. One feature I really value is the mobile app—it’s smooth and lets me monitor and manage trades on the go without a hitch. Plus500 has made online trading accessible and enjoyable!
Decent Platform for CFD Traders
Plus500 offers a straightforward platform for trading CFDs on a variety of assets, from stocks to commodities. The interface is clean and easy to navigate, which makes it approachable for beginners, though it might lack some of the in-depth tools that seasoned traders might want. Decent overall.
most intuitive platform
I heard about Plus500 from a friend, and this is the most intuitive platform I have ever used.
easy to understand, many instruments and overall Im very satisfied
Great broker
I am very happy with the services they offer - there are a lot of instruments available, the customer support is 24/7, they answer all types of questions. All in all, solid performance. I'll continue using it.
Excellent mobile app
I recently tried out the Plus500 mobile app, and I have to say, it's absolutely superb! The app boasts great features, is incredibly user-friendly, and has an intuitive interface. I highly recommend giving it a try!
Best for Forex
I've been using the Plus500 platform for the last year. It offers a wide range of Forex pairs and is very easy to use.
A great platform for both beginners and experts
I started out as a beginner, but with the help of Plus500's free demo account and academy materials, I learned more about the trading world and became pretty much an expert. I am now aware of all the risk management tools they offer, which are super helpful for me as I trade with high volume.
A Seamless and Satisfying Trading Experience
Plus500 has provided me with a highly positive trading experience. The platform is user-friendly, offers a wide range of markets, and allows trading with reliable execution. The tools for risk management are top-notch, and the customer support has been responsive whenever I’ve needed assistance. I highly recommend Plus500 as a solid and dependable platform.
Plus500 demo account
As a beginner in trading, I've found the Plus500 demo account incredibly helpful. It provides a user-friendly interface that allows me to explore and practice different trading strategies without risking real money. Everthing is so easy to understand and navigate. I also appreciate that the demo version mirrors the real trading experience, so I feel more confident about transitioning to live trades when I'm ready. Overall, it's an excellent tool for learning the basics and gaining experience! :)
Great platform!
I have been using the platform for around a year now and I'm pleasantly surprised by how I did not have any issues so far. The opinion of the company on the internet is 50/50 but before you try it for yourself, you can never be sure. Everybody has different needs. And so far, it's working really well with Plus500 for me.
My needs are met, my questions answered, my traders... have seen good and bad days 😂
Exceeded my expectations
I’ve been using Plus500 for several months now, and my experience with the platform has been overwhelmingly positive. As someone relatively new to trading, I was looking for a platform that was easy to navigate but still powerful enough to offer access to a wide range of markets — Plus500 has exceeded my expectations in both areas.
A simple trading platform
I recently started using Plus500 for my trading needs and I must say I’m quite impressed! The platform is really easy to use, which is great for beginners. I appreciate the demo account, as it lets me practice without any risk.
There are many trading options available, such as stocks, commodities, cryptocurrencies and more. The charting tools and analytics provided are also helpful.
One of the standout features for me is the instant execution of trades, which makes the trading process smooth. Customer support is helpful whenever I have questions. Overall, Plus500 has been a good choice for me, and I recommend it to anyone interested in trading!
Excellent Trading Platform with User-Friendly Interface and Great Features
I've been using Plus500 for several months now, and I'm genuinely impressed with the platform. One of the key highlights is how user-friendly the interface is—both on the app and desktop versions. It's incredibly intuitive, which is great whether you're a seasoned trader or just getting started in CFDs. Setting up an account was straightforward, and the verification process was quick.
The range of instruments available for trading is extensive, from stocks and indices to cryptocurrencies, forex, and commodities. This diversity allows me to diversify my portfolio easily and react to market trends as they happen. What I love most is the real-time charts and data, which are accurate and regularly updated, helping me make informed decisions.
The demo account feature has been a real plus for me. I used it to get a feel for the platform before committing real money, and I still use it to test strategies without any risk. The fact that you can switch between real and demo mode with ease is incredibly useful.
In terms of fees, Plus500 is transparent. There are no hidden charges or commissions on trades, which I find to be a huge advantage. They make it clear upfront how they make money, primarily through spreads, which are competitive in my experience.
Customer support is responsive and helpful whenever I've had queries. I’ve contacted them via live chat, and the responses are prompt and informative.
Overall, Plus500 provides a secure, efficient, and convenient platform for trading CFDs. I would highly recommend it to anyone looking for a reliable and straightforward trading experience!
Plus500 Trading
Great trading Platform! It is very convenient and easy to use.
There are many instruments to trade and the trading academy is fantastic!
Plus500 platform
One of the best trading platforms I've used. Super easy to navigate, and when I wanted to withdraw my money I did it without any issues.
Very recommended!
Plus500- one of the best I've tried!
I've been trading with Plus500 since I was introduced to them by a friend and I gotta say...they're one of the best out there! The platform is easy to use, the analytical tools are super helpful and it gives me peace of mind to know that I'm trading with a regulated broker. The offer stop loss and stop loss guaranteed features are great because it means that I don't have to check my app every hour.
Also, never had issues with closing positions or withdrawals.
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.