Plus500 Review
Active CFD traders who want web and mobile access
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
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Does Plus500 offer options?
Does Plus500 have a demo account?
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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.
Plus500
Active CFD traders who want web and mobile access
Open AccountYour capital is at risk. Other fees apply.
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