Plus500 Overview
Founded in 2008, Plus500 is a well-established CFD broker providing traders with access to over 2,500 financial instruments. The broker is regulated by top-tier authorities, ensuring a safe and transparent trading environment.
Unlike many other brokers, Plus500 does not support MetaTrader 4 or 5, instead offering a proprietary web-based trading platform that is intuitive and easy to use, making it ideal for beginners.
Plus500 is best known for its commission-free trading, with all fees included in the spread. The broker also offers negative balance protection and guaranteed stop-loss orders, enhancing risk management for traders.
Key Features of Plus500
- Trading Platform: Plus500 Proprietary Web & Mobile Platform
- Regulation: FCA (UK), CySEC (Cyprus), ASIC (Australia), MAS (Singapore), FSCA (South Africa)
- Leverage: Up to 1:30 (Retail Clients), 1:300 (Professional Clients)
- Spreads: Variable, starting from 0.6 pips on major forex pairs
- Instruments: Forex, CFDs on stocks, commodities, indices, cryptocurrencies, ETFs
- Deposit & Withdrawal: Bank transfer, credit/debit cards, PayPal, Skrill
- Minimum Deposit: $100
- Customer Support: 24/7 via live chat and email
- Supported Languages: English, French, German, Spanish, Italian, Arabic, Chinese, Russian
Plus500 Trading Conditions
1. Trading Platform
Plus500 offers a proprietary trading platform, which is:
- Web-based with no downloads required
- User-friendly and beginner-friendly
- Includes advanced charting tools, risk management features, and one-click trading
- Available as a mobile app on iOS and Android
2. Account Types
Plus500 offers a single standard account, with the option to apply for a Professional Account, which offers:
- Higher leverage (up to 1:300)
- Lower margin requirements
- Access to premium market research tools
3. Spreads & Leverage
- Spreads: Variable, starting from 0.6 pips on major currency pairs
- Leverage:
- Retail Clients: Up to 1:30
- Professional Clients: Up to 1:300
4. Deposit & Withdrawal Methods
Plus500 supports multiple secure payment methods, including:
- Bank Transfers (1-3 business days)
- Credit/Debit Cards (Instant deposits, withdrawals within 24 hours)
- PayPal, Skrill (Instant deposits, withdrawals within 24 hours)
Withdrawal Conditions:
- Minimum withdrawal: $100 for bank transfers, $50 for PayPal and Skrill
- Processing time: 1-3 business days
5. Trading Instruments
Plus500 offers a wide range of CFD instruments, including:
- Forex: 70+ currency pairs (major, minor, exotic)
- Stocks: CFDs on global stocks including Apple, Tesla, and Amazon
- Indices: S&P 500, NASDAQ, FTSE 100, DAX 30
- Commodities: Gold, silver, crude oil, natural gas
- Cryptocurrencies: Bitcoin, Ethereum, Ripple, Litecoin
- ETFs: CFD trading on leading exchange-traded funds
Plus500 Bonuses & Promotions
Due to regulatory restrictions, Plus500 does not offer deposit bonuses. However, traders can benefit from:
- Risk Management Tools – Including negative balance protection and guaranteed stop-loss orders.
- Referral Program – Earn rewards by inviting friends.
- Exclusive Market Analysis – Premium clients receive in-depth market reports.
Note: Promotions and offers may vary based on location and regulatory policies.
Summary on Plus500
Plus500 is a top-tier CFD broker, offering commission-free trading, a user-friendly platform, and access to thousands of financial instruments.
While it does not support MT4 or MT5, its proprietary platform is intuitive and ideal for beginners. With tight spreads, risk management tools, and strong regulatory oversight, Plus500 is a solid choice for traders looking for a secure and efficient CFD trading experience.
