Plus500

( 4.35 )
17 reviews
Reliable Broker
This company has a trustworthy reputation.
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Key Highlights Critical Insights
Pros|Cons Details FAQ Reviews Broker Profile
Pros
Regulated company.
There is data of the founders and team members.
No deposit/withdrawal fees.
Open financial statements.
Demo account.
Cons
Risk of loss with high leverage.

Company Background

The company was founded in 2008, and in 2010 it launched its subsidiary in London. Then, the firm began to conduct its financial activities through a network of structures registered in several countries in Europe and the Asia-Pacific region. It should be noted that the intermediary has licenses from the regulators of Cyprus, Australia, the UK, South Africa, and others. However, the organization only indicates the address of its subsidiary in Estonia. We will determine in our Plus500 Ltd review how reliable this broker is.

Overview of Services and Trading Terms

The broker specializes in providing services for active trading. This company offers one type of trading account. You can only work on the Plus500 trading platform, which the company has developed independently. The platform can be used on devices such as personal computers, smartphones, and tablets.

Plus500 excludes the use of automated trading systems. Also, users cannot resort to scalping or hedging. 

Plus500 offers more than 2800 instruments for trading. The leverage size is up to 1:30/1:300, depending on the region. The minimum deposit amount is €100. Commissions are charged for inactivity of $10 per month, as well as overnight trading and currency conversion.

On the site you will find analytics, educational services with video. Contacting plus500.com tech support is possible via WhatsApp, online chat, and feedback form.

Referral and Bonus Schemes

The Plus500 user agreement does not mention bonuses. Meanwhile, there is wording about rewards on the website, but it is extremely vague: “Plus500 bonuses do not apply to retail customers due to the company’s regulatory obligations.” Obviously, regulators prohibit such practices to attract users. As for the affiliate program, there is nothing about it at all. Perhaps it is hidden or missing.

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FAQ

Is there any income guarantee when trading with plus500.com?

The company offers customers many tools for trading assets. Besides, you can earn with leverage in flexible CFD trading. In addition, US residents can profit from futures trading. Finally, there is an offer for investors, but the amount of income is not disclosed on the website.

What sum is necessary to begin dealing with Plus500?

The broker states that clients can find out the exact minimum deposit amount only after registering an account. The amount depends on the user's region of residence, the selected asset for trading, and the payment system. Nevertheless, €100 is listed as the starting deposit in the Markets section of the website.

What deposit and withdrawal methods are available?

The brokerage company offers several deposit/withdrawal methods. They are indicated in the form of payment system logos on the site. You can use bank transfers or cards, E-wallets and other transaction options.

Is plus500.com a legitimate website?

The firm indicates the subsidiaries that operate its brand in different countries through this official website. We have verified that this broker provides legitimate services and has all the necessary financial licenses.

Is it like roulette with no guarantee of earning money?

Trading assets always involves risk. Moreover, it is dangerous to work here because of the leverage — up to 1:300. However, it is limited for clients of this company in countries with strict regulations to 1:30. Nevertheless, be careful and use the risk limitation tools offered by this broker.
John Hartman - lead author on Scamroulette.com
John Hartman

To be honest, the emphasis on convenience and trading safety for active traders is immediately striking on this platform. Interestingly, PLUS500 is a publicly traded company. Thus, its shares have been traded on the London Stock Exchange since 2013. In addition, the company was included in the FTSE 250 index in 2018. Finally, cryptocurrency CFDs are not available here for retail users in the UK. Overall, it is clear to me that the broker understands what is important in making money from trading, complying with all regulatory restrictions, rather than trying to lure potential clients with loud promises.

Overall Score

  • 9
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4.35/5
OVERALL

Based on 17 votes

17 reviews about Plus500

  • Mr. Mills
    1 review
    07.05.2025 01:20
    My choice was the right one

    I had no opportunity to choose another broker, so I started trading with PLUS500. After reviewing ‌the terms and conditions, I was satisfied. The platform works stably at any time. Commission for withdrawal of funds there is low. Overall, I plan to continue trading with PLUS500.

  • Kenneth Martin
    1 review
    06.05.2025 21:25
    If you don't make a profit here, it will be your fault

    The only thing I can say is that plus500.com is a pretty big European broker. And that’s where its advantages lie. Especially the non-trading risks. I think many will agree with me, as all the risks here are related to losses when traders make wrong decisions. As for the PLUS500, of course, you should be ready for the fact that you will face a long verification process because you need to provide a lot of documents.

  • Nicholas Ellis
    1 review
    02.05.2025 15:00
    I am satisfied with everything

    Funds are withdrawn within 2 business days👍 The regulators are of the highest quality and it’s not a scam!

  • G. Fisher
    1 review
    20.04.2025 15:13
    Trading conditions are far from ideal

    This is an ordinary broker that wants to make money, but at the same time to stand out from the competition. In this case, it is a huge number of trading instruments. I should note that this is the only reason why I opened an account at plus500.com. However, everything turned out to be not so smooth in practice. For example, automatic trading is prohibited here and you will not be able to open a counter position. So, perhaps, someone needs all these tools, but I would prefer to trade where the conditions are more loyal.

  • Edward C.
    1 review
    10.04.2025 04:46
    I recommend that you familiarize yourself with the site

    Plus500 didn’t inspire my confidence right away – the site is simple and crude, there are no manuals and I had a hard time finding the faq. But then I realized that I was wrong. Registration of a personal account is very simple – mail, password, and that’s it. The minimum deposit is $100. You can withdraw funds to your card, as well as replenish your account from it. At first I decided to use a demo account, which corresponds to a real account (there is a huge plus in this). The leverage is 1:30, orders are executed without delays. I traded the euro/dollar pair, the spread was 0.6 pips. However, tech support responds very slowly and only by mail, there is no phone.

  • Pablo
    1 review
    09.04.2025 19:19
    Pros and cons

    The main criterion for me in choosing plus500.com was the huge selection of different securities. For those who trade stocks, it is important to realize that it is the variety of trading instruments that plays a key role, allowing you to choose those that will be most profitable to make a profit. However, it is worth noting that the plus500.com broker does not have the usual MT4 terminal, so you will have to adapt to the new platform

  • Jerry
    1 review
    02.04.2025 00:17
    This intermediary has more and more clients

    Regulation is associated with rather high requirements for trading conditions, but from the pluses there is a variety of trading assets.

  • Fan52
    1 review
    07.03.2025 11:29
    I liked the team

    Using Plus500 is very convenient, they have a mobile app. The broker provides a wide range of instruments, a wide selection of pairs, and you can trade both cryptocurrencies and metals. I prefer to trade currencies, I made my first hundred dollars on it. Plus500 staff quickly verified my credentials and gave me access to my account.

  • Floyd L.
    1 review
    03.03.2025 04:02
    I appeal to those traders who are dissatisfied with this platform

    If you will not be in a hurry to express your dislike, and try to turn to the facts and dig a little deeper than a couple of pages of the site, you can find a couple of interesting things. It turns out that this is not an ordinary fake with “British registration”, but a decent broker with a real number in the register and all the necessary documents. This company has financial statements and is headed by real people. So it is quite different from those cases when nothing is known about the people who own the site. By the way, last year the company earned 20 million pounds sterling. Decide for yourself whether that’s a lot or not.

  • Myrtle F.
    1 review
    18.02.2025 03:39
    I am satisfied with the service

    I immediately remember that this broker is one of the main sponsors of Atletico Madrid. Of course, this should not influence the choice of the company for trading. The main feature for me to choose this particular company was the huge selection of all kinds of securities. Those who trade stocks should realize that it is the number of trading instruments that is of paramount importance, so that you can choose the ones that will trade best. However, there is a specificity to this as plus500 broker does not have the usual MT4 terminal for trading. Therefore, you will have to adapt to the new platform, which is nothing complicated. I will note that almost all brokers specializing in stock trading have their own separate platforms. And similar to these brokers, we can also expect that there will be no problems with deposit and withdrawal!!! and this is what we wanted, at plus500.com everything is serious!!!!

  • Gibbs
    1 review
    15.02.2025 09:38
    I don't even know who I would recommend this broker to

    I have worked with different brokers, but for the first time in over 10 years, I now see a company that is not evolving at all! There is no training, the website provides incomplete information and marketing is clearly forgotten here. Robots and advisors are forbidden, there are no investment programs, and in general it is not clear who the broker is aimed at. The only good thing is that I did withdraw my deposit from here, otherwise the impression would have been ruined at all

  • LG_Samual
    1 review
    03.02.2025 16:05
    I have no complaints

    Trading with plus500.com is definitely reliable. I opened an account a long time ago and in all this time I have not had a single reason to change brokers. It is important that I have repeatedly withdrawn profits to different payment systems, and depending on the type of system the withdrawal took several days. There are no complaints about trading, I have not noticed any manipulation from PLUS500 ever!

  • Louise M.
    1 review
    31.01.2025 18:56
    Excellent European resource

    They are not greedy for the number of transactions and payouts, everything is fine here. I would describe the reliability of the broker as follows:
    – Regulated by several European countries.
    – No third-party investments.
    – No credit commitments.
    – Withdrawals with no limits or commissions.
    – Support and a great website in English.
    I trade precious metals and can request a report of my transactions at any time. So it’s just like a regular job here where there is an accounting department. But I have no business experience and I don’t pay taxes. To say I am pleased with them is an understatement. They are great!!!

  • Kenzo
    1 review
    30.01.2025 06:11
    This is a regular broker

    Regular broker, I can’t say anything negative. Managers respond quickly, requests are executed in a short time. Well, some documents take a long time to complete, but these are minor things. The main thing is that the deposit grows every month.

  • Tina Miller
    1 review
    16.01.2025 17:18
    I don't understand why some customers have so much hate for this company

    Yes, they offer more simplistic trading software without the MT4 trickery or their support, but the software accomplishes what the company claims. However, traders I know also use Plus500 without any problems. I believe that many of the problems are over exaggerated. ALL the funds I withdrew were sent the same day. You would be better off making a withdrawal request in the morning. Certainly the support could have been better.

  • Arnold McDaniel
    1 review
    12.01.2025 03:02
    The firm is degrading

    At one time I chose plus500.com because they were one of the first to add cryptocurrency tools to their platform. I saw that they were good at it, trading was convenient, spread was small, but over time the broker stopped improving trading conditions and gradually gave up its position… I keep some money, about 10% of my balance, still with plus500 but if the situation doesn’t improve I will have to leave altogether. Their main problem is that they don’t want to move in the technological direction although it is necessary. They were the first to release an update for crypto but then their software just stopped improving

  • Mr. Watkins
    1 review
    03.01.2025 09:57
    Absolutely reliable company

    This European broker has certain features. The main thing is that there is no risk of fraud: the money is withdrawn, although not quickly, but steadily. PLUS500 offers a variety of assets, including the ability to trade shares of European companies. However, why do many people write negative reviews about it? Probably because not everyone can open an account with plus500.com due to restrictions in different countries.

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Broker Profile

Date of foundation
Since 2008
License
Trusted
Leverage
1:300
Demo account
Yes
Order Execution Model
NDD
Minimum deposit
$114
Licensing Authorities
Reliable Regulator
Investor Protection
Yes
Transparency
Some Hidden Terms
Reputation
Good
Auditing
Conducted

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