Overall Rating: ★★★★☆ (4.1/5.0)

Plus500 is a leading CFD broker that offers trading across a wide range of instruments, including forex, stocks, commodities, indices, and cryptocurrencies. Established in 2008, Plus500 is regulated in several jurisdictions and offers a highly intuitive trading platform suitable for both beginner and experienced traders. With its zero-commission trading, tight spreads, and easy-to-use platform, Plus500 is popular among retail traders. However, the broker has been criticized for its limited educational resources and withdrawal fees.

In this review, we will look at the broker’s platform features, regulation, pricing, and why it continues to be a top choice for many traders in 2025.

Key Features

Plus500 offers a user-friendly platform with access to a wide range of financial instruments, but it may not have the advanced tools that professional traders often seek.

• Trading Platforms:
  • Plus500 WebTrader (web-based, mobile, and desktop)
  • No MetaTrader 4 (MT4) or MetaTrader 5 (MT5) support
• Markets Offered:
  • Forex, stocks, commodities, indices, cryptocurrencies, and more
  • Over 2,000 instruments
• Account Types:
  • Single account type suitable for all traders
• Leverage:
  • Up to 1:30 for retail clients (EU)
  • Up to 1:300 for professional clients
• Minimum Deposit:
  • $100
• Funding Methods:
  • Credit/debit cards, PayPal, bank transfer, Skrill, Neteller

Regulation and Security

Plus500 is a regulated broker with oversight from several top-tier financial authorities, which provides traders with significant security and protection.

• Regulated by the FCA (UK), CySEC (Cyprus), ASIC (Australia), and other authorities
• MiFID II compliant for EU operations
• Segregated client funds held in Tier-1 banks
• Investor compensation scheme for EU clients (up to €20,000)
• Negative balance protection for retail clients
• Strong encryption and security measures

Pricing and Costs

Plus500’s zero-commission structure and competitive spreads make it appealing to traders, but there are other fees to consider, such as overnight financing charges and withdrawal fees.

• Spreads:
  • From 0.6 pips on major forex pairs
  • Variable spreads on other asset classes
• Commissions:
  • Zero commission on trades
• Deposit/Withdrawal Fees:
  • Withdrawal fees apply for certain methods (e.g., PayPal, credit cards)
  • No fees for deposits
  • Fast withdrawal processing (typically within 1-2 business days)
• Inactivity Fee:
  • $10 per month after 3 months of inactivity

Educational Resources and Customer Support

While Plus500 offers a simple platform for beginners, it has received criticism for its limited educational offerings.

• Education:
  • Platform tutorials, webinars, and basic trading guides
  • No advanced trading courses or live sessions
• Market Analysis:
  • Real-time market data
  • Limited news and analysis
• Customer Support:
  • 24/7 live chat, email, and phone support
  • Fast and professional response times
  • Multilingual support available

Risk Management Tools

Plus500 offers standard risk management tools but lacks advanced features for professional traders.

• Stop-loss, take-profit, and trailing stop orders
• Guaranteed stop-loss orders (GSLOs) available on some instruments
• Negative balance protection for retail clients
• No margin alerts or custom risk management tools

Pros and Cons

Pros

• Regulated by top-tier authorities
• Competitive spreads and zero commission on trades
• Wide range of tradable instruments
• Easy-to-use platform suitable for beginners
• Negative balance protection for retail clients
• Good customer support

Cons

• Limited educational resources for advanced traders
• Withdrawal fees apply on some methods
• No MetaTrader support
• No advanced risk management tools for professional traders

Conclusion: Is Plus500 the Right Choice?

Plus500 is an excellent choice for beginner and intermediate traders who are looking for a simple platform with competitive pricing and strong regulatory oversight. Its zero-commission structure, tight spreads, and ease of use make it an attractive option. However, advanced traders may find the limited educational resources and lack of professional tools limiting. For those seeking a more robust trading experience with advanced features, regulated brokers such as AvaTrade, Pepperstone, or IC Markets might be better suited.