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Plus500

Plus500 Review

Active CFD traders who want web and mobile access

CySEC FCA EFSA CFTC ASIC FMA FSCA SCA DFSA JFSA MAS FSA SCB BAPPEBTI CIRO

Founded 2008 · Cyprus · Plus500 Ltd

Why investors choose this broker

  • 0% opening and closing trade fees on CFD positions
  • 0% Plus500 deposit and withdrawal fees
  • Unlimited demo with live quotes and adjustable balance
  • +Insights shows trends from millions of Plus500 trades

Review summary

Plus500 offers CFD trading across forex, shares, ETFs, options and crypto, plus Plus500 Invest for stocks, with web/mobile apps and a demo account.

Pros

  • 0% opening and closing trade fees on CFD positions
  • 0% Plus500 deposit and withdrawal fees
  • Unlimited demo with live quotes and adjustable balance
  • +Insights shows trends from millions of Plus500 trades
  • 100+ technical indicators and flexible alerts
  • Client deposits held separately under CySEC rules
  • Selected clients can receive technical analysis and an account manager

Cons

  • Inactivity fee up to 10 USD after three months without login
  • Currency conversion fee up to 0.7% of realized profit or loss
  • Overnight financing can apply when positions remain open
  • Guaranteed stop orders use a wider spread
  • Third-party fees may apply to international cards or bank transfers
  • Real-time prices require opening an account

Company background

Plus500 is a trading brand of Plus500 Ltd. The Plus500 trading platform described for this site is offered by Plus500CY Ltd, which is the issuer and seller of the financial products available on the website. The original Plus500 Group was founded in 2008 and introduced its first PC-based online trading platform in the same year. Plus500CY Ltd is based in Cyprus, with offices in Limassol, and is a subsidiary of Plus500 Ltd, a company listed on the main market of the London Stock Exchange.

Plus500 offers multi-asset CFD trading across underlying products such as forex, commodities, shares and indices. The site also lists stock CFDs, ETF CFDs, options CFDs and cryptocurrency CFDs, while Plus500 Invest is presented as a stock investing service.

Fees and pricing

Plus500 is mainly compensated through the bid/ask spread. Opening and closing trade fees are listed as 0%, and Plus500 says it does not charge deposit or withdrawal fees. Additional charges can still apply depending on activity. Overnight financing may be added to or deducted from the account when a position is held after the overnight financing time.

A currency conversion fee applies to trades on instruments in a currency different from the account currency. The fee is currently up to 0.7% of the realized profit or loss of a trade. An inactivity fee of up to 10 USD is charged after at least three months without logging in and then monthly while no login occurs.

Regulation and safety

Plus500CY Ltd is authorised and regulated by CySEC under licence number 250/14. The wider Plus500 group operates through subsidiaries regulated by authorities including the FCA, ASIC, FMA, FSCA, MAS, DFSA, SCB and CIRO. Client deposits with Plus500CY Ltd are held separately in line with CySEC client money rules.

Platform experience

The platform is available through a web platform, WebTrader, iPhone and iPad apps, and an Android app. Plus500 also offers an unlimited demo account with live quotes and an adjustable balance. Trading tools include more than 100 technical indicators, flexible alerts and +Insights, which shows real-time trends based on millions of Plus500 trades.

Pros and cons

Plus500 combines web and mobile access, a free demo environment and clear headline trading charges. Its main limitations are activity-based costs such as overnight financing, currency conversion fees, a wider spread on guaranteed stop orders and an inactivity fee after three months without login.

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Trading fees & commissions

Plus500 is mainly compensated through bid/ask spreads and lists 0% opening and closing trade fees. It lists 0% deposit and withdrawal fees, while currency conversion can cost up to 0.7% of realized profit or loss and inactivity can cost up to 10 USD after at least three months without logging in.

Fees

Item Fee
Cfds 0% opening / closing trades fees; mainly compensated through bid/ask spreads
Deposit 0% deposit fees
Inactivity Up to 10 USD after at least three months without logging in, charged monthly while no login occurs
Withdrawal 0% withdrawal fees
Fx Conversion Up to 0.7% of realized profit or loss of a trade
Overnight Financing Added to or deducted from the account when a position is held after the overnight financing time
Guaranteed Stop Order Wider spread

Trading platform & features

Platforms

  • Web app
  • WebTrader
  • iOS app
  • Android app
  • Plus500 Futures

Regulation and investor protection

Plus500CY Ltd is authorised and regulated by CySEC under licence number 250/14. Plus500 operates through subsidiaries regulated by authorities including the FCA, ASIC, FMA, FSCA, MAS, DFSA, SCB and CIRO, and client deposits with Plus500CY Ltd are held separately under CySEC client money rules.

Broker FAQs

Is Plus500 safe?
Plus500CY Ltd is authorised and regulated by CySEC under licence number 250/14. Client deposits with Plus500CY Ltd are held separately under CySEC client money rules.
Is Plus500 a scam?
No. Plus500 operates through regulated entities, and Plus500CY Ltd is authorised and regulated by CySEC under licence number 250/14.
Is Plus500 regulated and by whom?
Plus500CY Ltd is regulated by CySEC. The wider Plus500 group also lists regulators including the FCA, ASIC, FMA, FSCA, MAS, DFSA, SCB and CIRO.
Does Plus500 keep client funds in segregated accounts?
Yes. Plus500CY Ltd holds client deposits separately in line with CySEC client money rules.
Are there hidden fees at Plus500?
Plus500 says there are no hidden fees. It is mainly compensated through spreads, and activity-based charges such as overnight financing, currency conversion and inactivity fees can apply.
What does Plus500 charge for CFD trades?
Plus500 lists 0% opening and closing trade fees for CFD trades. It is mainly compensated through bid/ask spreads.
Does Plus500 charge an inactivity fee?
Yes. Plus500 charges up to 10 USD if there is no login to the trading account for at least three months, and the fee is charged monthly while no login occurs.
What is Plus500's currency conversion fee?
Plus500 applies a currency conversion fee when trading instruments in a currency different from the account currency. The fee is currently up to 0.7% of the realized profit or loss of a trade.
Is there a withdrawal fee at Plus500?
Plus500 lists 0% withdrawal fees. Third-party fees may still apply in rare cases, including some international card transactions, bank transfers or unsupported currency conversions.
What products does Plus500 offer?
Plus500 offers CFDs across markets including forex, commodities, indices, stocks, options, ETFs and cryptocurrencies. The site also presents Plus500 Invest for stock investing and Plus500 Futures for futures access.
Does Plus500 offer ETFs?
Yes. Plus500 offers ETF CFDs and lists leverage of up to 1:5 for ETF CFD trading.
Does Plus500 offer crypto?
Yes. Plus500 offers cryptocurrency CFDs and lists leverage of up to 1:2 for crypto CFD trading.
Does Plus500 offer options?
Yes. Plus500 lists options as a CFD market and also describes options in connection with its futures offering.
Does Plus500 have a demo account?
Yes. Plus500 offers an unlimited demo account with live quotes and an adjustable balance.
Does Plus500 have a mobile app?
Yes. Plus500 links to iPhone and iPad apps in the App Store and an Android app on Google Play.
How do I open an account at Plus500?
Plus500 describes account opening in three steps: register, verify your identity and deposit funds.
Is Plus500 good for beginners?
Plus500 provides a free demo account, Trading Academy material and a three-step account-opening process. These features can help new users learn the platform before trading with real funds.

Bottom line

Plus500 suits active traders who want CFD access across several markets, web and mobile platforms, and a free demo account. It may be less suitable for users who want to avoid inactivity fees, currency conversion charges, overnight financing or spread-based CFD pricing.

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Visit the Plus500 website

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Your capital is at risk. Other fees apply.