Plus500 Review 2025 Regulated by ASIC, CySEC, and FCA

You can create a market order, or switch to a limit order by expanding the Advanced section and selecting ‘Buy (or Sell) when rate is’. You can add a stop loss to your order (called ‘Close at loss’) or a stop limit (‘Close at profit’), as well as a guaranteed stop. What’s more, you can save your chart layouts so you can easily return to them in your next trading session. Plus500 supports a variety of funding methods, including bank wires, PayPal, credit cards, and Skrill eWallet, although Neteller is not available. Plus500 will charge you with a $10 monthly fee after the third month of inactivity in your account (i.e., you do not log into your account).

Trading gold CFDs, Plus500 traders can speculate on the rising and falling price of gold, without having to own and store the physical commodity. Plus500 gold traders can also benefit from leveraged trading options, comprehensive risk-management tools, and real-time gold price quotes. You might recognise Plus500 as the sponsor of the Spanish football team Atlético de Madrid (Atletico Madrid). The firm is also the main sponsor of the Swiss team BSC Young Boys (YB). Moreover, the company offers a range of CFD products and provides news, market insights and share forecasts. Plus500 can be suitable for beginners, especially those new to CFD trading, due to its user-friendly interface and straightforward platform.

Is Plus500 A Good Platform?

Each app caters well to both casual and experienced traders, making them strong contenders for anyone looking to engage in mobile trading. Global stock markets are also accessible on Plus500, enabling traders to engage in equity trading across various exchanges. This platform provides opportunities to profit from stock price fluctuations.

In conclusion, Plus500 stands out as a reputable and user-friendly broker in the competitive world of online trading. With its unique advantages and comprehensive offerings, it caters to a wide range of traders, from beginners who can use the demo account to experienced professionals. While there are improvement areas, Plus500’s strengths make it a viable choice for traders seeking a reliable platform to trade various financial instruments. Plus500 emerges as a promising choice for traders looking for a dynamic and user-friendly platform. It caters to both beginners and experienced traders, offering an array of account types and instruments.

Market Research

The apps are designed for optimal performance on mobile devices and tablets, ensuring that traders can stay connected to the markets at all times. EToro and Plus500 both cater to online trading enthusiasts, but their approaches to commissions and fees vary significantly, influencing traders’ preferences based on specific needs. EToro, a market-maker broker, presents a typical variable spread of 1 pip on the EUR/USD, which is slightly above the industry average. Although its trading fees might not be the primary attraction for retail traders, eToro compensates with its highly appealing social copy trading platform. The broker offers a VIP club, the eToro Club, which consists of five membership tiers ranging from Silver to Diamond. EToro has earned a commendable 4.5-star rating for commissions and fees, ranking 22nd out of 62 brokers according to ForexBrokers.com.

Mobile trading apps

• An inactivity fee of up to $10 is charged if you do not log into your trading account for more than three months.
• Let’s take a look into the available trading platforms that Plus500 provides and how its mobile offering works.
• The spread is the difference between the buy and sell (bid/ask) prices.
• Depending on your trading style and personal preferences, there is always the possibility that Plus500 may not be the ideal broker for you, and you should always research thoroughly before making a decision.
• Offering a choice of communication channels and a helpful FAQ section on its website, Plus500 empowers traders to find answers efficiently without direct contact.

Given Plus500’s robust educational offerings and beginner-friendly educational videos, it is a suitable choice for novice traders. The platform provides comprehensive learning resources to help new traders understand forex and CFD trading effectively. Overall, the Plus500 trading platform is user-friendly, but since CFDs are ‘complex financial products’, the platform is not suitable for un-experienced traders. In this head to head comparison of eToro vs Plus500, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more.

Plus500 offers comprehensive customer support, providing traders with accessibility to live assistance during standard hours through live chat and email, ensuring prompt responses to inquiries. The broker goes a step further by extending support hours to cater to traders across different time zones. Offering a choice of communication channels and a helpful FAQ section on its website, Plus500 empowers traders to find answers efficiently without direct contact. With essential information readily available on its website, Plus500’s commitment to addressing traders’ needs is evident, making it a reliable choice for support. While Plus500 currently has a limited array of educational materials, it remains a good choice for beginners due to its software’s ease-of-use factor.

Though neither broker operates as a bank, Plus500’s extensive regulatory framework and public trading status give users confidence in the security and trustworthiness of its trading platform. Despite that, many traders mention the lack of investment options, such as copy trading, and the unavailability of MT4 and MT5 trading platforms as the main downsides of trading with this broker. It’s important to note that Plus500 does not currently offer copy trading or social trading features.

Fees

While they are not the most comprehensive educational offerings out there, they can definitely be of help, particularly for beginners. Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. This extensive selection makes Plus500 an excellent platform for traders looking to explore various markets.

When it comes to research, Plus500’s offerings are a far cry from the comprehensive resources that some larger brokers are able to provide. Users can trade index and share CFDs from more than 20 different countries. However, these are mostly developed economies, with a very limited number of CFD instruments from emerging markets, namely the China A50 index and about 20 South African stocks. Regarding CFD trading, Plus500 and eToro are two options that traders often recommend. While Plus500 presents an overall professional interface, eToro uniquely implements a social aspect to trading with leaderboards and trade copying. Plus500 is available in over 31 languages including English, Spanish, Chinese, Arab, and Russian among others.

More Forex Guides

If you wish to close or delete your account, you will have to contact customer support. You can do this by sending an email or creating a ticket on the broker’s website. The representative will probably try their best to keep you, so be sure to stay firm in stating you wish to terminate your account. The brokerage is a publicly-traded company (PLC) and, since 2018, has been listed on the London Stock Exchange (LSE). Going under the ticker PLUS, Plus500 Ltd.’s share price can be found online or through the live share chat on sites such as ADVFN for up-to-date prices and quotes. The online reputation of Plus500 is generally positive, with an overwhelming majority of users reporting they are happy with how the platform works on computer and mobile devices.

• To verify the availability of any features within your country of residence, please contact the broker directly.
• The Plus500 platform is available on both Android and iOS devices through its native apps for both operating systems.
• Account verification is mandatory, and most traders will complete it after sending a copy of their ID and one proof of residency document.
• Please note that equity markets open and close each trading and are not operational continuously like Forex and cryptocurrencies.

For example, if you have the US Dollar as your account base currency and make trades in Euro-denominated assets, Plus500 will charge a currency conversion fee. You will need to open an account by providing an email address, password and confirming your phone number. You cannot open an account if you are under 18 and US clients are not accepted.

Account funding at Plus500

That said, for copy traders who lean on automation and want flexibility across multiple platforms, IC Markets offers one of the strongest, most well-rounded packages available today. Steven Hatzakis has been reviewing forex brokers for nearly ten years and has 25+ years of experience as a forex trader. His broker reviews are unbiased and independent, and his expertise is sought after for global FX conferences and speaking events around the world. Overall, Plus500’s pricing is slightly above the industry average and behind the best forex brokers when it comes to active trader pricing (see IG or Saxo for comparison). Plus500 does not provide discounts to retail clients, but does offer cash rebates (akin to an active trader program) if you qualify and are designated as a Professional client. While Plus500 offers demo accounts with a virtual balance of $50,000, it also offers trading with real money accounts which may or may not earn real money profit.

Information such as a full list of the board of directors, level 2 share data and investor relations documents are all easily found online. Customers investing in US stocks will have to fill out the US W-8BEN form. Plus500 is regulated by a variety of top-tier institutions around the world. These regulatory bodies offer various financial compensation schemes and ensure that the firm provides negative balance protection. Unlike other popular brokers, there is no option to use MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader or other similar platforms. Nor is there a downloadable desktop platform for Mac (OS X or otherwise) or Windows 7/8/9 or 10.

When they trade, your account mirrors their moves based on your selected risk and capital allocation settings. Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees.

Plus500’s charting capabilities are a standout feature of the platform. Charts are available in a variety of time intervals from 1 week to 1 minute, as plus500 canada well as tick charts. You can personalise your charts with more than a dozen chart types and more than 20 drawing tools.

The platform focuses on self-directed trading, providing tools and resources for individual decision-making rather than following other traders’ strategies. While the platforms lack some advanced features found in MetaTrader, they offer a clean, straightforward trading experience that’s particularly appealing to novice and intermediate traders. Yes, both eToro and Plus500 provide demo accounts for users to practice trading without risking real money. Copy trading can be good for beginners, provided they learn the basics and approach copy trading the same way they would any other self-directed trading account. Using our forex brokers comparison tool, here’s a summary of the trading platforms offered by the best copy trading brokers. Vantage earns high marks for its broad selection of copy trading platforms, making it a compelling choice for traders who want more than just MetaTrader.