Plus500 CFD Broker
Plus500

– A CFD provider which offers access to many financial markets

-Regulated by organizations such as the FCA and ASIC

Plus500 Review – CFD online broker

Plus500 is a regulated CFD provider from Israel with various offices in different countries (UK, Australia, Singapore) that offers Contracts For Difference based on many different markets, including Forex, commodities, stocks, indices, ETF and even cryptocurrencies. In 2013, this company was included in the London Stock Exchange (LSE), which means that the company shares can be bought and sold in the stock market.

It is a very versatile trading service that has its own trading platform.

In the following Plus500 review, we will present the main features and services of this online broker

76.4% 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.


Type of broker

Plus500 is a CFD service that operates as a market maker.


Regulation

Plus500 is authorized and regulated by the FCA (Financial Conduct Authority) in full, the main financial regulatory body of the United Kingdom through the company Plus500UK Ltd (registration number 509909).

Also, this broker has a license from CySEC of Cyprus through another subsidiary called Plus500CY Ltd (license number 250/14).

For Australian customers, the company founded Plus500AU Pty Ltd, which is regulated by ASIC.


Country of origin

The headquarters of the company are located in Israel. It has subsidiaries in the United Kingdom, Australia, Cyprus, and Singapore.


Trading Instruments*

Currently, this broker allows its clients to trade with the following instruments:

Contracts for Difference based on the following instruments:

  • Forex Market: Dozens of currency pairs in the spot market, from the most important ones like the EUR/USD and the USD/JPY to other more exotic ones like the EUR/NOK. With respect to trading conditions, Plus500 offers a maximum leverage of up to 1: 300 and fixed and variable spreads from 1 pip onwards for major currency pairs such as EUR/USD.
  • Commodities: Commodities such as oil, gold, silver, platinum, natural gas, corn, sugar and coffee.
  • Stocks: The most important shares in the European and American stock markets such as Google, Apple, IBM, Facebook, British Petroleum (BP), Vodafone, Phillips and others.
  • Stock indices: The main stock market indexes such as the DAX 30, S & P 500, CAC 40, NASDAQ and Nikkei 225 among others.
  • Exchange Traded Funds (ETF): The most important ETFs in the market such as the QQQ, Lyxor CAC, iShares DAX, iShares EU50 and XLF among others.
  • Virtual currencies (cryptocurrencies): The most important and traded cryptocurrencies in the market, including Bitcoin, Ethereum, Ripple, Litecoin and Dash, against the USD.

Trading Accounts

– Real accounts: This broker offers a single trading account for all its clients, which requires a minimum deposit of US $100 or euros. Through this account, the client can trade with all instruments offered by Plus500. Regardless of the amount deposited, the trader has access to all applications (trading platforms) of Plus500 designed to operate in the market, including those that work on mobile devices such as smartphones.


Demo Accounts

Customers of Plus500 can access a demo account with no limit of time.


Trading Platforms

For its part, the main trading platform Plus500 is an application characterized by being relatively simple and easy to use, which has the great advantage of allowing the trader to trade with CFD on multiple markets like Forex, indices, and cryptos through a user-friendly interface. It is a downloadable platform that offers market analysis tools such as price charts and technical indicators. It is available in 32 languages.

Plus500 Trading platform

Main trading platform of Plus500 – Illustrative prices

Likewise, Plus500 also has an online web-based trading platform (no download is required) called Webtrader, which provides the trader with greater flexibility since it allows to trade from any site with an Internet connection. In this case, the main trading platform of Plus500 is an application that responds quickly to any order or indication that the user provides, especially with respect to new and open trades. and includes all types of standard orders such as Stop Loss, Entry Limit, Profit Limit, Trailing Stop and Market Orders among others.

Both the demo account and the real account have at their disposal the two trading platforms offered by Plus500, which have all kinds of advanced technical analysis tools that allow a more detailed study of price movements in the markets.


Payment Options

The client can make deposits and withdrawals of funds through Bank Wire Transfer, Credit Cards (the most important like MasterCard and VISA), Paypal and Skrill (Moneybookers).


Main Advantages of Plus500

  • Plus500 is a fully regulated CFD provider of the UK.
  • It offers a good customer service.
  • An easy to use trading platform designed for experienced traders which has a user friendly interface.
  • Plus500 has a web-based trading platform.
  • Plus500 does not charge any commission for the opening of a trading account, the withdrawal of funds or for the execution of the client’s transactions since the profits are obtained from the spread that it adds to the price in all trades.
  • This broker has a wide offer of CFD on cryptocurrencies, including Bitcoin, Ripple, Ethereum, Bitcoin Cash and others.
  • The client can trade with a lot of instruments from one trading platform.
  • This broker offers the possibility to make money by promoting the services of Plus500 through various affiliate programs, including 500Affiliates and others.

Main Offers of Plus500

  • Due to the new regulations of European regulatory bodies, Plus500 no longer offers any type of bonus promotion.
CompanyPlus500 Ltd, Plus500UK Ltd, Plus500AU Pty Ltd and Plus500CY
Minimum deposit required$100.
Minimum trade size Variable, depending on the trading instrument
Maximum Leverage 1:300 (1:30 for European clients)
Spreads Variable fixed and dynamic spreads in all trading instruments
Link to the website
Plus500 Website

76.4% 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.