Plus500 at a glance
Plus500 is a publicly listed CFD provider (LSE: PLUS, FTSE 250) founded in 2008, offering a proprietary, easy-to-use trading platform across thousands of instruments including forex, shares, indices, and commodities. Regulated across 10+ jurisdictions including the FCA, CySEC, and ASIC, Plus500 uses spread-only pricing with no separate commissions.
Plus500 reports a founding year of 2008 and a head office in Limassol, Cyprus. It lists 4 regulators and 2 trading platforms.
BrokerBazaar verdict
Our research team has not yet published a written verdict for Plus500. The BrokerBazaar Intelligence Score is 83/100 (low risk), computed from regulatory, operational, transparency, reputation and domain-history signals. Scores are editorial assessments, not user ratings, and are never influenced by payment.
Legal entities, regulation and licences
Plus500 operates through 3 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by at least one strict-tier regulator.
Licence check: Not independently checked. BrokerBazaar is currently reviewing this broker's information against public records. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
Plus500 states that it accepts clients from Cyprus, UK, Australia, Germany, Spain, United Arab Emirates. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: not disclosed. Platforms: Plus500 WebTrader, Plus500 App. Account types: Retail, Professional.
Best-for tags assigned by our team: Beginners, CFD Trading, Simple Platform.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $10. Spreads start from 0.8 pips and commission is No commission (spread-only). Maximum leverage is 1:30, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: not specified. Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Transfer, Credit Card, PayPal, Skrill. Withdrawal methods: Bank Transfer, Credit Card, PayPal.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Yes. Scalping allowed: Not specified. Algorithmic trading allowed: No. News trading allowed: Not specified. Hedging: not specified. These conditions were compiled from public information and have not yet been confirmed by the broker.
Client-money rules follow the regulator of the entity that holds your account: CySEC: Segregated under MiFID II client-asset rules. Compensation: ICF — up to €20,000 per client. CMA: Segregation of client funds required. Compensation: No central compensation scheme.
Complaints and dispute process
Formal complaints: None. Phone: NA. Complaints must be submitted via the Contact Us form on plus500.com or through the Help menu in the Plus500 Trading Platform, with "Complaint" included in the subject field, addressed to the Customer Support Department. Plus500 sends a written acknowledgment promptly upon receipt. All communication is handled in writing via email or live chat — no phone-based complaint handling exists.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Simple, intuitive proprietary platform
- Strength: Wide range of CFD instruments
- Strength: Strong multi-jurisdiction regulation
- Strength: No commission on trades
- Limitation: CFDs only, no direct share ownership
- Limitation: No MetaTrader support
- Limitation: No phone support in most regions
Who this broker suits, and who it does not
Plus500 is most relevant to traders looking for: Beginners, CFD Trading, Simple Platform.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence but would be onboarded by an offshore entity, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
Plus500 change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for Plus500 yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about Plus500
Data sources. Broker submission, the regulator registers linked above, CySEC Cypriot Investment Firms register (Licence 250/14), web-archive and domain records, and third-party traffic data. Last register check 2026-07-26. External ratings: Trustpilot 4.2/5; WikiFX 8.8/10; Forex Peace Army 3.6/5; FX Empire 4.5/5; Google Play Store 4.4/5; Apple App Store 4.2/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with Plus500. How we make money. Trading leveraged products carries a high risk of loss.