Plus500
TradingDominance Score™: 85/100
Our Rating:
4.5/5

Website

Headquarters

Haifa, Israel

Year Established

2008

Min Deposit

$100

Max Leverage

1:300

Regulation

Australia - AU ASIC
United Kingdom - UK FCA
Cyprus - CY CYSEC
Singapore - MAS
FMA (New Zealand)

Website

Year Established

2008

Min Deposit

$100

Max Leverage

1:300

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Plus500 Financial Instruments
Forex
Cryptocurrencies
Stock CFDs
Commodities
Oil and Energies
Gold
Shares
Indices
Precious Metals
Other Features
Negative Balance Protection
Regulatory Deposit Insurance
Islamic Accounts (Swap-free)
Scalping Allowed
Trailing Stops
Interest on Margin
Variable Spread
Offers STP
Account Type
Information
Real Account
  • Commision: $0
  • Maximum Leverage: 1:30
  • Typical Spread: 0.6 pips.
  • Mobile Platform: Plus500 Mobile
  • Trading Platform: Proprietary, Plus500 Desktop.
  • Spread Type: Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: Yes
  • Scalping Allowed: No
  • Hedging Allowed: No
  • Islamic Accounts: Yes
Professional Account
  • Commision: $0
  • Maximum Leverage: 1:300
  • Typical Spread: 0.6 pips.
  • Mobile Platform: Plus500 Mobile
  • Trading Platform: Proprietary, Plus500 Desktop.
  • Spread Type: Variable Spread
  • Minimum Deposit: 10000
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: Yes
  • Scalping Allowed: No
  • Hedging Allowed: No
  • Islamic Accounts: Yes
Regulators
Australia - AU ASIC
United Kingdom - UK FCA
Cyprus - CY CYSEC
Singapore - MAS
FMA (New Zealand)
Information:
Company NamePlus500
Year Funded2008
HeadquartersHaifa, Israel
Office Locations London, United Kingdom
Client Funds Bank(s)
Account CurrencyAUD, CAD, CHF, EUR, GBP, JPY, SGD, USD, HUF, PLN, SEK, NOK, CZK, TRY
Support Languages Arabic, English, French, German, Greek, Italian, Malay, Polish, Portuguese, Russian, Spanish, Chinese, Czech, Turkish, Croatian, Danish, Estonian, Hungarian, Lithuanian, Norwegian, Romanian, Swedish
Funding MethodsBank Wire, Skrill, PayPal, Credit Card
Financial Instruments Forex, Cryptocurrencies, Stock CFDs, Commodities, Oil and Energies, Gold, Shares, Indices, Precious Metals
24 hour support✔️
Segregated Accounts ✔️
Islamic Accounts✔️
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo✔️
Cent accounts
Negative balance protection ✔️
Social trading
Regulatory deposit insurance ✔️
Trailing stops✔️
Bonuses
Interest on margin
Fixed spread
Variable spread✔️

Plus500 Review

,
Trading Dominance Team

TradingDominance is an Introducer for this Broker.

Plus500 is an industry well-known leader; it was first established back in 2008 in Israel. The company is listed on the London Stock Exchange. It provides CFDs, ETFs, Commodities, Indices, Options, Forex Trading and Cryptocurrencies Trading.

Plus500 offers over 2,000 trading tools with leverage; also, the broker provides a unique trading environment experience and ensures trader funds’ security.

Plus500 Regulations

Plus500 is a safe broker as it is regulated by high-level financial authorities such as;

  • The UK’s Financial Conduct Authority (FCA),
  • The Australian Securities and Investments Commission (ASIC),
  • Plus500CY Ltd is regulated and authorized by the Cyprus Securities and Exchange Commission with license number 250/14.
  • Plus500SG Pte Ltd is regulated and authorized by The Monetary Authority of Singapore. 
  • Plus500IL Ltd is licensed and registered in Israel.

Opening a Plus500 Trading Account

Plus500 is a global online broker covering almost all countries around the world. However, there are some restricted countries such as The United States Of America, Canada, Cuba, Iran, and Syria. Clients who are residents of these countries can not open Plus500 Trading Accounts. 

Plus500 offers its clients to open an individual trading account with a minimum amount of $100.

The trading accounts come with various base currencies: USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, and SGD. 

Plus500 offers their clients to try out a demo account with zero risks to experience their trading environment and ensure your abilities to trade with a live trading account. A demo account is the same thing as a live account; just with a demo account, you are trading with NOT-REAL money, which is risk and stress-free.

Opening a Plus500 trading account is quick, easy, and digitized.

  • Basic data ” Full name – country – email – phone number – address – date of birth.
  • Choose an account type and trading platform.
  • Determine the base currencies.
  • Leverage size.
  • Some questions regarding your level of trading experience.
  • Verify your identity.

Spread & Funding Your Account

After verifying your trading account, you can start funding your account, as Plus500 offers a wide range of payment methods to make it much easier for you with $0 fees on any deposit and withdrawal process. Ensure that your payment details are the same on your Plus500 account, following the Anti-Money Laundering Authority’s policy.

You may fund your account via;

  • Bank transfer
  • Credit/Debit card
  • PayPal
  • Skrill

Plus500 does charge $0 commissions on almost all its services, including deposits, withdraws, FX quotes, CDFs prices. The broker makes its money out of Spreads.

Plus500 does offer a competitive spread structure compared to the other brokers in the industry. You can simply check out the live rates of spreads on the website by clicking on the info icon for the pair or tool you are interested in.

There are fees on the overnight trades, and you can check out the rates through the trading platform. Plus500 does charge a $10 fee for the inactivity trading accounts that have not been active for 3 months.

Plus500 User Experience

Plus500 offers its clients a wide range of trading different markets with over 2000 instruments, including CFDs, Shares, Stocks, ETFs, FX, Gold, Oil, and cryptocurrencies. 

Traders and investors who are interested nowadays in cryptocurrencies trading as it is on fire and kind of short term investing to gain quick profits, Plus500 offers you those pairs to start trading on right now, ETH/BTC, BTC/USD, BCH/USD, LTC/USD, ETH/USD, NEO/USD, IOT/USD, MXR/USD, XRP/USD, and EOS/USD. Also, Bitcoin, Ethereum, Bitcoin Cash, Litecoin, NEO, Ripple, IOTA, Monero, and EOS.

Plus500 always ensures the security of traders’ funds and provides a wide range of tools to minimize the risk. 

Those tools give you the ability to set a limit order, whether a profit or loss, which we know as Limit Orders. These tools help you to close your trades automatically to protect your profits or manage to minimize your loss.

Customer Support

Plus500 provides its clients with customer support to answer any inquiries you may have. You can reach technical support through an Email, live chat, WhatsApp, or browse their blog and FAQs, where you can look for what you want. You can choose your native language to communicate from among the languages ​​supported by Plus500. This makes it relatively easy to explain your questions.

Customer support is available 24/7 from Monday to Friday. The languages ​​supported by Plus500 are English, French, Arabic, Spanish, Italian, Polish and Chinese, simple Chinese, Estonian, Croatian, Lithuanian, Norwegian, Romanian, Swedish, Czech, Slovenian, Hungarian, Turkish, Dansk, Maltese, Portuguese, Belarus, Deutsch, Latvian, Russian, Hebrew and Haitian.

Plus500 Final Thought 

Plus500 is a globally well-known CFD leader. The broker is safe and regulated by top-tier financial authorities such as, 

  • The UK’s Financial Conduct Authority (FCA),
  • The Australian Securities and Investments Commission (ASIC),
  • Plus500CY Ltd is regulated and authorized by the Cyprus Securities and Exchange Commission with license number 250/14.
  • Plus500SG Pte Ltd is regulated and authorized by The Monetary Authority of Singapore. 
  • Plus500IL Ltd is licensed and registered in Israel.

The broker is also listed on London Stock Exchange. Plus500 provides the best trading environment experience with a not-expired demo account to try it out. Great customer support 24/7. Give it a try; Plus500 does not require any minimum amount to open a trading account. Even if you open a trading account with $100, the broker charges a $0 fee. 

Plus 500 gives you a wide range of tools to start trading, including CFDs, Forex Trading, Cryptocurrencies, Indices, Commodities, Options, and ETFs.

Plus500 Information

Company NamePlus500
Year Funded2008
HeadquartersHaifa, Israel
Office Locations London, United Kingdom
Client Funds Bank(s)
Account CurrencyAUD, CAD, CHF, EUR, GBP, JPY, SGD, USD, HUF, PLN, SEK, NOK, CZK, TRY
Support Languages Arabic, English, French, German, Greek, Italian, Malay, Polish, Portuguese, Russian, Spanish, Chinese, Czech, Turkish, Croatian, Danish, Estonian, Hungarian, Lithuanian, Norwegian, Romanian, Swedish
Funding MethodsBank Wire, Skrill, PayPal, Credit Card
Financial Instruments Forex, Cryptocurrencies, Stock CFDs, Commodities, Oil and Energies, Gold, Shares, Indices, Precious Metals
24 hour support✔️
Segregated Accounts ✔️
Islamic Accounts✔️
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo✔️
Cent accounts
Negative balance protection ✔️
Social trading
Regulatory deposit insurance ✔️
Trailing stops✔️
Bonuses
Interest on margin
Fixed spread
Variable spread✔️

Plus500 Account type Information

Account Type
Information
Real Account
  • Commision: $0
  • Maximum Leverage: 1:30
  • Typical Spread: 0.6 pips.
  • Mobile Platform: Plus500 Mobile
  • Trading Platform: Proprietary, Plus500 Desktop.
  • Spread Type: Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: Yes
  • Scalping Allowed: No
  • Hedging Allowed: No
  • Islamic Accounts: Yes
Professional Account
  • Commision: $0
  • Maximum Leverage: 1:300
  • Typical Spread: 0.6 pips.
  • Mobile Platform: Plus500 Mobile
  • Trading Platform: Proprietary, Plus500 Desktop.
  • Spread Type: Variable Spread
  • Minimum Deposit: 10000
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: Yes
  • Scalping Allowed: No
  • Hedging Allowed: No
  • Islamic Accounts: Yes

Plus500 FAQs

Yes, the broker offers 24-hour support.
Yes, Plus500 keeps clients' funds in segregated bank accounts.
Yes, the broker does offer Islamic Accounts.
No, Plus500 does not accept Canadian clients.
No, Plus500 does not accept Japanese clients.
Yes, the Plus500 demo account never expire.
No, Plus500 does not offer cent accounts.
Yes, the broker does offer negative balance protection.
No, Plus500 does not offer social trading.
Yes.
Yes Plus500 offers free 25 euro no deposit bonus for all new clients
1-3 business days.

Plus500 Review Countries

Comments

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