• Easy-to-use and functional platform
  • Regulated by FCA (UK)
  • Guaranteed stop loss orders
  • Robust risk management tools
  • Customer support lacking
  • Does not accept U.S. clients for CFD trading
  • Website lacks basic information about platforms, payment options and other vital trading features
  • Sub-standard trading platform without support for automated or social trading

Reviewed broker: Plus500

Established in 2011 

Operated by Plus500 Ltd

Located: Menachem Begin 125 Tel Aviv, Israel


  • Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).
  • Plus500CY Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC Licence No. 250/14).
  • Plus500AU Pty Ltd holds AFSL #417727 issued by ASIC, FSP No. 486026 issued by the FMA in New Zealand and Authorised Financial Services Provider #47546 issued by the FSCA in South Africa.
  • Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services licence from the Monetary Authority of Singapore for dealing in capital markets products (Licence No. CMS100648-1).
  • Plus500IL Ltd is registered in Israel and licensed to operate a trading platform.
  • Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039).
  • Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18).
  • Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651).

Trading instruments: CFDs, Indices, Forex, Commodities, Shares

Execution Type: Market Maker

USA traders: not accepted

Trading Conditions

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 

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

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

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

Practice trading with unlimited Demo Account until you’re ready to move to the next level.

Maximum leverage is up to 1:100

Account types: standard

Spread types: fixed

Spreads start from 2 pips

Currency pairs: 51

Minimum trade size: 0.01 lot

Guaranteed stop: yes

Negative balance protection: yes

Automated trading: not allowed

Back-testing: not available

PAMM, MAM accounts: no

Trading Platforms

WebTrader, Plus500’s proprietary platform, offers a streamlined trading experience that is stable and easy to access from multiple devices and systems (Windows PCs, web browsers, smartphones, and tablets).

WebTrader has a simple and easy-to-use interface that lets you create watchlists, analyze charts, as well as place and monitor trades. The technical analysis charts offer many technical indicators that you can apply to many different time frames, from tick charts to weekly charts. However, unlike many of its competitors, Plus500 does not offer the immensely popular MetaTrader 4 (MT4) platform, a platform alternative that would provide more functionality and customization options for clients.

The most appealing feature of Plus500’s WebTrader and other versions of their platform is that it’s easy to use with layouts that will feel familiar to experienced traders. Clients can choose from more than 2,000 instruments, analyze their selection on a customizable technical analysis chart, and place their trade in just a few clicks, all within the same window. Unfortunately, Plus500 is a closed system. Advanced traders who rely on incorporating third-party analytical and automation tools in their trading process will be disappointed as none of these tools can be integrated directly.

Plus500 doesn’t offer any of the special features that are typically available at other online CFD brokers. It doesn’t allow for automated trading via expert advisors or other trading algorithms, it doesn’t provide back-testing functionality, nor does it allow clients to manage third-party funds via PAMM or MAM trading platforms. The company simply provides a streamlined WebTrader platform along with similar mobile trading apps for iPhone, iPad, and Android devices where clients can place and monitor trades.

Payment Options

Minimum deposit requirement: $100

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

Client Assistance and Education

Although location and language details are not fully disclosed on its website, Plus500 now offers a Live Chat function to go along with existing 24/7 WhatsApp chat and email support. The most glaring omission is the lack of a telephone number, even for sales inquiries. Prospective and current clients must submit inquiries through chat messages or an email ticketing system that is available 24/7. 

Plus500 provides some resources to help you get started with trading CFDs on the platform. The company also offers a Trading Academy, which provides various educational products including eBook, video traders guide, and FAQs to ease trading for both beginner and experienced traders. 

Languages: English, Spanish, Arabic, Italian, French, Turkish, German, Chinese, Russian, Portuguese, Dutch, Greek, Malay, Polish, Hungarian, Finnish, Norwegian, Danish

Questions Answers about Plus500

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 2024 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.

© 2007 – 2024 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 2024, 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.