Plus500 Review 2025

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Tobias Robinson
Editor Image Editor
James Barra
Our Rating
4.1

Why Trade With Plus500?

"Plus500 provides a streamlined experience for traders through a modern and dynamic CFD trading platform. However, its research tools are limited, it charges higher fees compared to some brokers, and its educational resources can be improved."

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USD Account

Detailed Ratings

Average Broker Plus500 Trust Platform Assets Fees Accounts Research Education Mobile Support 4.1

Quick Facts

Demo Account
Yes
Minimum Deposit
$100
Instruments
CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto
Platforms
WebTrader, App
Account Currencies
USD, EUR, GBP, AUD, ZAR, CZK
Payment Methods
Apple Pay, Credit Card, Debit Card, Mastercard, PayPal, Skrill, Trustly, Visa, Wire Transfer

Pros

  • In 2025, Plus500 introduced new share CFDs in emerging sectors such as quantum computing and AI, providing opportunities in stocks like IonQ, Rigetti, Duolingo, and Carvana.
  • The customer support team reliably offers 24/7 assistance through email, live chat, and WhatsApp.
  • Plus500 offers a WebTrader platform specifically made for CFD trading. It presents a neat and straightforward interface.
  • The broker provides free trading in different markets, which reduces extra costs and interests experienced traders.
  • Plus500 recently expanded its trading products. This includes offering VIX options with increased volatility and extended trading hours for 7 stock CFDs.

Cons

  • The lack of educational resources adds a challenge for new traders, unlike top-tier brokers like eToro that offer extensive learning materials.
  • The absence of MetaTrader or cTrader charting tools in Plus500 might deter experienced traders who value familiarity.
  • Algorithmic trading and scalping are not permitted, potentially discouraging some traders.
  • Compared to competitors like IG, Plus500's research and analysis tools are somewhat limited.
  • Without social trading, users cannot mimic the trading actions of experienced traders.

Regulation & Trust

Rating: 3.5

Plus500 is an established broker, which gives confidence, mainly because of its listing on the London Stock Exchange (LON: PLUS).

Plus500 also operates under several reputable regulators, including the UK’s Financial Conduct Authority (FCA), the Dubai Financial Services Authority (DFSA), the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC).

The safety measures in place, such as segregated client accounts and negative balance protection, also give peace of mind.

If anything were to happen to the company, some investors are covered by compensation schemes.

UK clients benefit from Financial Services Compensation Scheme (FSCS) coverage of up to £85,000, while EU clients have Investor Compensation Scheme (ICS) protection up to €20,000. Unfortunately, there’s no coverage elsewhere.

That said, you can’t ignore some concerns. Plus500 has faced class-action lawsuits in Australia over misleading CFD marketing, which makes me wary. It also encountered issues in Israel after Brexit-related account disruptions.

While these are important considerations, Plus500 is still a credible trading option.

Regulation & Trust Details

  • Regulator: FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA
  • Guaranteed Stop Loss: Yes
  • Negative Balance Protection: Yes
  • Segregated Accounts: Yes

Awards

  • Best Overall Broker 2021 - DayTrading.com
  • Best Overall Broker 2020 - DayTrading.com
  • Best Overall Broker 2019 - DayTrading.com

Accounts & Banking

Rating: 4.1

What I like about Plus500 is its simplicity—it offers just one live account that works for all traders, making it easy to get started.

With a minimum deposit of $100 and the ability to trade as little as 0.01 lots, it feels accessible to everyone.

I also appreciate the flexibility of depositing in different currencies, such as USD, EUR, GBP, and AUD, which makes both trading and withdrawals more convenient.

For Islamic traders, there’s a swap-free account available, which is a great option.

Plus, you can apply for a professional account if you are a high-volume trader and meet at least two of three criteria: having a financial portfolio worth over €500,000, opening at least 10 positions per quarter over the past year, or having a year of work experience in finance.

The professional account also offers valuable perks, like higher leverage, faster order execution, and cash rebates.

What stands out is that it still includes rare negative balance protection, which adds an extra layer of security.

Deposits & Withdrawals

Deposits and withdrawals with Plus500 are smooth and hassle-free.

Plenty of secure, fee-free options include wire transfer, credit card and debit card, and e-wallets like PayPal and Skrill.

E-wallets process the fastest, while wire transfers take up to five days.

One downside is that withdrawals can be slower than some competitors, taking between three to seven days for PayPal and Skrill.

However, there is no withdrawal limit, which gives more flexibility when managing funds.

Demo Account

Plus500’s free demo account lets you practice without pressure or time limits.

It’s a great way to get comfortable with the platform before risking real money.

Signing up is quick and much easier than opening a full account.

What I find especially useful is the ability to reset my demo balance anytime—just by switching between ‘Real Money’ and ‘Demo Mode’ in the client portal.

Starting in demo mode felt like the smartest move since it allowed me to explore everything without any financial risk.

Accounts & Banking Details

  • Minimum Deposit: $100
  • Payment Methods: Apple Pay, Credit Card, Debit Card, Mastercard, PayPal, Skrill, Trustly, Visa, Wire Transfer
  • Account Currencies: USD, EUR, GBP, AUD, ZAR, CZK
  • Islamic Account: Yes

Assets & Markets

Rating: 3.5

What I value about Plus500 is the variety of CFDs it offers.

You can trade stocks, forex, indices, commodities, and more, but the platform’s extensive stock selection really stands out.

It gives access to key markets and industries, making it easy to diversify my trades.

Since I enjoy forex trading, I appreciate the 60 currency pairs, including my favorites, GBP/JPY and EUR/USD.

If you’re interested in options and futures, Plus500 has you covered with call and put options and futures through the Plus500 Futures WebTrader platform.

The flexibility of leverage and expiry dates opens up more trading opportunities.

Depending on where you’re located, you can trade indices, commodities, shares, ETFs, and even cryptocurrencies. However, CFD trading is not available in the US.

Regarding leverage, you need to be mindful of regulations.

In the UK and EU, you can trade forex with up to 1:30 leverage and stocks with 1:5 leverage.

If you qualify for a professional account, you could access up to 1:300 leverage, but you’d have to give up some regulatory protections.

Always remind yourself that leverage can amplify gains and losses, so use it carefully.

Assets & Markets Details

  • Instruments: CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto
  • Leverage: 1:30
  • Margin Trading: Yes
  • Stock Exchanges: Australian Securities Exchange (ASX), Borsa Italiana, CAC 40 Index France, DAX GER 40 Index, Deutsche Boerse, Dow Jones, Euronext, FTSE UK Index, Hang Seng, IBEX 35, London Stock Exchange, Nasdaq, S&P 500, SIX Swiss Exchange
  • Commodities: Aluminium, Cattle, Cocoa, Coffee, Copper, Corn, Cotton, Gasoline, Gold, Lean Hogs, Livestock, Oil, Palladium, Platinum, Silver, Soybeans, Sugar, Wheat
  • Crypto Coins: BCH, BTC, ETH, LTC, XRP, IOTA, NEO, EOS, XMR

Fees & Costs

Rating: 4.0

Plus500 offers commission-free trading with floating spreads, like 0.6 pips on EUR/USD and 0.3 pips on gold.

It’s not the cheapest option, but its pricing is reasonable compared to CMC Markets and Blackbull Markets.

I also appreciate that there are no fees for deposits or withdrawals, which makes managing funds easier.

However, monitor swap fees for overnight positions and the currency conversion fee, which can reach 0.7% if you trade outside your base currency.

Another thing to watch out for is the $10 inactivity fee after three months of no trading—it’s pretty standard for established brokers, but I still try to avoid it.

Fees & Costs Details

  • Inactivity Fee: $10
  • Crypto Spread: Variable

Forex Spreads

  • GBP/USD: Dynamic
  • EUR/USD: Dynamic
  • GBP/EUR: Dynamic

CFD Spreads

  • FTSE: Dynamic
  • GBP/USD: Dynamic
  • Oil: Dynamic
  • Stocks: Dynamic

Platforms & Tools

Rating: 3.1

Plus500’s Web platform is easy to use, with a clean design that makes trading straightforward.

The charting features are helpful, and everything feels intuitive on computer or mobile device.

Managing my trades is simple, and I like that Plus500 provides technical tools like multiple chart types, different timeframes, and over 100 indicators, including Bollinger Bands and RSI.

Screenshot showing the Plus500 trading platform

Plus500 offers a user-friendly trading platform with a wide range of CFDs

I also appreciate the email and SMS alerts, which keep me updated on price changes and market trends even when offline.

That said, there are some limitations. While the platform is functional, it has few standout features compared to IG and Interactive Brokers.

Advanced tools like a trading journal or tax accounting aren’t available, which would have been helpful.

Some markets offer guaranteed stops, but they have wider spreads and cannot be applied to open trades.

One of my biggest frustrations is that Plus500 doesn’t support MetaTrader 4 (MT4), MetaTrader 5 (MT5), or cTrader platforms, a letdown for traders relying on third-party tools for automated trading or advanced technical analysis.

A multiple charts view option allows you to view up to nine charts simultaneously, but it doesn’t support copy trading, which competitors like Vantage and Pepperstone offer.

Platforms & Tools Details

  • Platforms: WebTrader, App
  • Android App Rating: 4.3
  • iOS App Rating: 4.1
  • Copy Trading: No
  • VPS: No
  • Automated Trading: No
  • AI Trading: No

Research

Rating: 2.0

Plus500 isn’t the best for research and analysis based on our latest hands-on tests.

It offers some in-house research, economic and earnings calendars, and a few market insights, but it feels limited compared to other platforms like Admiral Markets and FOREX.com.

That said, I do like the customizable charts for technical analysis.

The exclusive ‘+Insights‘ are helpful since they show the percentage of buyers versus sellers and how different instruments perform across various time frames.

Screenshot showing Plus500 Insights

The ‘+Insights’ feature lets you analyze real-time activity from other Plus500 traders

These tools help you understand market trends, even if they don’t replace more profound research.

Still, when I compare it to competitors like eToro, which offers more in-depth research tools and analyst recommendations, Plus500 falls short in this area.

If you rely heavily on research, you will probably need to supplement it with external sources.

Education

Rating: 3.0

Plus500 does a great job of helping beginners learn the ropes.

It offers eBooks, video tutorials, and trading articles, which are helpful.

Personally, I find the video content to be the most effective—it uses visual aids to make complicated concepts much easier to understand.

Screenshot showing a Plus500 educational video

Plus500’s educational videos break down complex trading concepts for beginners

That said, when I compare Plus500’s educational resources to AvaTrade and XM, Plus500 could dive deeper, especially in areas like risk management and providing up-to-date market news.

While there is enough to provide a solid foundation for new traders, more in-depth learning tools are needed.

Customer Support

Rating: 4.0

Plus500’s customer support is excellent, especially since it offers 24/7 assistance in multiple languages through live chat, WhatsApp, and email.

Although there is no phone support, the live chat feature stands out—it’s quick, and the responses are always professional.

I usually get answers within just a few minutes, which is fantastic.

The extensive FAQ section is also super helpful, covering everything from trading software and user manuals to withdrawals and account closures.

Plus500 stays active on social media platforms like Facebook, X, YouTube, Instagram, and LinkedIn, so it’s easy to reach out and stay connected.

Should You Trade With Plus500?

Plus500 is a well-regulated broker with transparent fees, which gives peace of mind when trading.

It offers CFD trading across stocks, indices, forex, and commodities, though I’ve noticed that options trading is somewhat limited.

I really like the platform’s simple and intuitive interface—it’s easy to navigate, whether you’re just getting started or have more experience.

That said, it could provide copy trading and more in-depth research tools, especially compared to platforms like eToro or IG.

Article Sources

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