Reviewed broker: Plus500

Established in 2011 

Located: UK, Cyprus, Australia, Israel, New Zealand

Regulation: CySEC Cyprus, ASIC Australia, FMA New Zealand, FCA UK, ISA (Israel)

Trading instruments: forex, commodities, ETFs, options, indices

USA traders: not accepted

Plus500 Review : Account types and trading conditions

Trade Shares, Indices, Forex and Commodities with our CFD Service

Reliable, Simple, Innovative. Join millions who have already traded with Plus500.

Use advanced tools and features to gain control on your account:

  • Stop Limit / Stop Loss / Trailing Stop
  • Guaranteed Stop
  • Negative balance protection
  • FREE email & push notifications on market events
  • Alerts on price movements & Change %

Plus500 offers 50+ Forex Pairs 

We offer the complete package:

  • Tight spreads
  • No commissions
  • Leverage of up to 1:100
  • Fast and reliable order execution

Trade Forex CFDs with Plus500

Trade the most popular forex pairs like EUR/USD, GBP/USD and EUR/GBP at Plus500. Use our advanced trading tools to protect your profits and limit losses.

Trade on 40+ Forex Pairs with Leverage

Trade forex with up to 1:100 leverage. With as little as ₪ 500 you can gain the effect of ₪ 50,000 capital!

Advanced Trading Tools

Use our trading tools such as Stop Loss, Stop Limit and Guaranteed Stop to limit losses and lock in profits. Get FREE real-time forex quotes and set indicators to easily analyse charts.

Easy Account Opening

Apply for an account in a few minutes, practice trading with our FREE unlimited Demo Account until you’re ready to move to the next level.

Minimum deposit requirement: $100

Maximum leverage is up to 1:500

Account types: standard

Demo account: yes

Spread types: fixed

Spreads start from 2 pips

Currency pairs: 51

Minimum trade size: 0.01 lot

Guaranteed stop: yes

Negative balance protection: yes

Trading platforms: Plus500, Webtrader

Payment methods: credit cards, paypal, skrill, wire transfer

Automated trading: no

Customer support: phone, email

Are there any hidden fees?

There are no hidden fees at Plus500. Plus500 is mainly compensated for its services through the spread. 

Can I have more than one trading account?

We recommend clients focus on one trading account, and we reserve the right to close subsequent accounts. However, each case will be assessed on an individual basis. If an additional trading account is permitted, it must be operated independently and it is not possible to transfer funds between the two accounts.

How can I get more virtual money to trade in my Demo account?

Once the balance of your demo account drops to 200 EUR (or equivalent amount) or below, the initial demo amount will be automatically reinstated by the system.

How to switch between the Real Money and Demo accounts?

You can choose your preferred account mode from the login screen or switch between the two accounts by clicking on “Switch to Demo Mode” or “Switch to Real Money” in the main platform screen or from the app’s menu.

How do I withdraw funds?

In order to make a withdrawal you should follow these instructions:
Click on “Funds Management” → “Withdrawal” → Select your preferred withdrawal method → Fill in the fields and click on the "Submit" button (on mobile devices, you can access the “Funds Management” screen from the menu button).

How do I deposit money?

In order to make a deposit and begin trading with Plus500 you should follow these instructions:

Click on “Funds Management” → “Deposit” → Select your preferred deposit method from the available options → Fill in the fields and click the "Submit" button (on mobile devices, you can access the “Funds Management” screen from the menu button). Each deposit method has its own minimum deposit level, and further information may be found in the Deposit screen on the trading platform. You can deposit using one of the following methods (note that some of the methods may not be available in your region):

  1. Debit/Credit cards – only Visa or MasterCard debit/credit cards are acceptable (there may be further limitations depending on your region).
  2. Electronic wallets (PayPal or Skrill).
  3. Bank transfer (direct bank to bank funds transfer).

How was the rating of Plus500 performed compared to other brokers? 

This 2023 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Plus500 FX broker performance and features. 

Overall our online Plus500 review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Plus500 or you find inaccurate details Plus500 broker review please get in touch with us and the changes will be applied.

Trading financial instruments carries high level of risk to your capital with the possibility of losing more than your initial investment. This site will not be held liable for any loss or damage in result from using the information within the site including forex Broker reviews 2023, market analysis, trading signals, learning resources and comparison tables. The data within this website is not necessarily real-time nor accurate and do not represent the recommendations of the employees. Currency trading is not suitable for all investors. Before deciding to trade currency or any other financial instrument please consider consider your investment objectives, level of experience, and risk appetite. While we do our best to provide up-to-date information, we strongly encourage you to verify it directly with the broker of your choice.