Plus500 Review

2.82
5 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

Plus500 general information

Founded in: 2008 year
Headquarters:
Israel
Offices in the country: Australia, United Kingdom, Cyprus
Minimum Deposit: 100 $
Website: www.plus500.com
Website languages:
English, Arabic, Bulgarian, Hungarian, Greek, Danish, Hebrew, Icelandic, Spanish, Italian, Chinese, Korean, Latvian, Lithuanian, Malaysian, German, Dutch, Norwegian, Polish, Portuguese, Romanian, Russian, Serbian, Slovak, Slovene, Turkish, Finnish, French, Croatian, Czech, Swedish, Estonian, Japanese
Execution model:
NDD
Deposit currency: USD, EUR, GBP
Support languages:
English, Arabic, Bulgarian, Hungarian, Greek, Danish, Hebrew, Icelandic, Spanish, Italian, Chinese, Korean, Latvian, Lithuanian, Malaysian, German, Dutch, Norwegian, Polish, Portuguese, Romanian, Russian, Serbian, Slovak, Slovene, Turkish, Finnish, French, Croatian, Czech, Swedish, Estonian, Japanese
Regulated by:
ASIC (Australia) license №AFSL 417727
FCA (United Kingdom) license №509909
CySEC (Cyprus) license №250/14
FSP (New Zealand) license №486026
Mobile trading: iOS, Android, Windows Phone
Types of offered accounts:
Unlimited Demo accounts, Standard accounts
Affiliate program: Yes

Plus500 Forex broker description

CFD Service.
Attention: Your capital is at risk.
Fixed and dynamic spreads are offered.

The PLUS 500 CFD broker focuses on rendering financial services on the Forex market since 2008. Plus500 UK Ltd is based in London , UK. The broker’s activity is regulated and supervised by the British Financial Conduct Authority or FCA (licence no. 509909 '' please change . Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909). The company is recognized as a professional CFD market participants due to its excellent relationships with all premier international banks.

The main trading instrument of the broker is CFDs, currency pairs, ETFs, commodities, indices, and stocks. The broker offers CFDs on currency pairs, ETFs, commodities, indices, and stocks ,etc. The customers of the PLUS 500 Company may use three kinds of CFDs: shares CFDs (BMW, Google, Nokia, Barclays, etc.), commodities CFDs (gold, crude oil, silver, and so on), and indices CFDs (S&P 500, DAX 30, FTSE 100, etc.). Moreover, try trading with Bitcoins and Etherium CFDs with the help of the FX trading broker PLUS 500.

The in-house self-developed platform that is used in the company suggests 32-language support, so there are good chances that you will find the one in your native language. Besides, the corporate software offers easy-to-use transacting options due to the positioning of the platform as a single pool in comparison with other multi-trading solutions that are very hard to control and are no so understandable. The significant shorting of the PLUS 500 broker is the absence of services rendering on the territory of the United States. So, in case you are the USA resident, you had better look for another business partner or change your place (sounds silly)!

Here are the main PLUS 500 benefits:

  • - clutter free software interface;
  • - no program download required;
  • - a great set of payment options for funds depositing and withdrawing, including bank transfers, credit cards, online payment systems, etc.

The CFD broker PLUS 500 promotions program offer to the customers different pleasant bonuses inviting to start the most productive trading. For example, the traders signed for trading with CFDs get a 30$ welcome bonus ,T&Cs apply. Though, trading with CFDs implicates having a huge knowledge base in traders mind, many-year experience, and a high level of trading skills. So, beginners had better train first in other Forex markets before getting themselves into PLUS 500 community. 

The PLUS 500 CFD trading broker analysis section contains much useful information related to trading with the CFDs on the global FX market, as technical, fundamental and wave analysis from the authoritative trading analysts and instructors. If you wish to test your abilities on the real market, but without risking your own funds, feel free to register a demo account for this purpose.  Actual PLUS 500 news you can read here.

The PLUS 500 review section is updated regularly on the pages of the TopBrokers.com FX portal, so click the link to jump to the page and read the naked truth about the brokerage house service quality and terms that it delivers for successful trading. All of the testimonials are left by the independent traders and contains important data about the cooperation with the chosen Forex broker. The broker news and events page will also give traders relevant information for controlling the situation on the global currency market. Unfortunately, the PLUS 500 doesn’t offer its customers any news.

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 (Licence No. 250/14).
Plus500AU Pty Ltd, ACN 153 301 681, AFSL # 417727, issued by the Australian Securities and Investments Commission is authorized to issue these products to Australian residents. Derivatives issuer licence in New Zealand, FSP #. 486026 authorises us to issue these products to New Zealand residents. Plus500AU Pty Ltd, is also an authorized Financial Services Provider in South Africa, FSP 47546. You do not own or have any rights to the underlying assets. Please consider the Disclosure documents available on Plus500's official websites.

Attention: Your capital is at risk.

Trading accounts of Plus500

  • Standard
Minimum Deposit : 100 $
Deposit currency :
USD - US Dollar
EUR - Euro
GBP - British Pound
Trading instruments:
Forex 1:300
Number of currency pairs: 59
  • AUD/CAD
  • AUD/CHF
  • AUD/JPY
  • AUD/NZD
  • AUD/SGD
  • AUD/USD
  • BTC/USD
  • CAD/CHF
  • CAD/JPY
  • CHF/DKK
  • CHF/JPY
  • CHF/NOK
  • CHF/SEK
  • DKK/NOK
  • EUR/AUD
  • EUR/CAD
  • EUR/CHF
  • EUR/GBP
  • EUR/HUF
  • EUR/JPY
  • EUR/NOK
  • EUR/NZD
  • EUR/PLN
  • EUR/SEK
  • EUR/TRY
  • EUR/USD
  • GBP/AUD
  • GBP/CAD
  • GBP/CHF
  • GBP/DKK
  • GBP/JPY
  • GBP/NOK
  • GBP/NZD
  • GBP/SEK
  • GBP/USD
  • LTC/USD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/USD
  • SEK/NOK
  • USD/CAD
  • USD/CHF
  • USD/CZK
  • USD/DKK
  • USD/JPY
  • USD/MXN
  • USD/NOK
  • USD/PLN
  • USD/SEK
  • USD/SGD
  • USD/TRY
  • USD/ZAR
  • XAG/USD
  • XAU/USD
  • XAU/XAG
  • XDP/USD
  • XPD/USD
  • XPT/USD
CFD's 1:152
Amount of assets : 2000
  • Stocks
  • Futures
  • Indices
Metals 1:152
  • Gold
  • Silver
Energy sources 1:152
  • Oil
  • Gas
Cryptocurrencies
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Fixed
Decimal places:
4 decimal places
Phone trading:
No

Contacts of Plus500

Headquarters
Israel , Haifa MATAM, 22
show on the map
+97200000000 Local number

Recent customer reviews of Plus500

Vanessa Vikander 07 July 2018

Advantages: No

Disadvantages: All trading instruments are CFDs, even Forex pairs

Comment: The trading you conduct on the Trading Platform is not conducted on an Exchange. We act as a counterparty in Transactions conducted on the Trading Platform and, therefore, act as the buyer when you offer to sell an Instrument and the seller when you offer to buy an Instrument. The prices we offer on the Trading Platform might not be the best prices available and we may offer different prices to different users.

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Ursula Fischer 04 March 2018

Advantages: Brand + trading conditions

Disadvantages: None

Comment: Been trading with plus500 for 1 year. In the past also used easy-forex, etx, etoro and fxcm. Had no problems with plus500. They seem honest. Have made plenty of withdrawals with no problems. The webtrader is the smoothest and fastest ive seen. Very easy to see charts and to set TPs.

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Abraham Johnson 01 February 2018

Advantages: No withdrawal problems, good customer support

Disadvantages: At least 2 days to receive your funds after withdrawal

Comment: I opened my account one week ago. My identification as completed after checking some documents phone check. As for me, this platform is rather informative and simple. After making the withdrawal request for almost $150 the amount was in my account within 2 working days. In my view, it is quite reliable broker.

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