Plus500 Review 2026
Plus500 is a UK listed CFD broker with a simple app. It only offers CFDs, not real assets, and Trustpilot reviewers often report slow, document heavy withdrawals.
Min Deposit
$100
Spreads From
0.6 pips
Max Leverage
1:30
Platforms
2
Pros
- Listed on the London Stock Exchange with public financial reports
- Negative balance protection on every retail trading account
- Regulated in the UK, Cyprus, Australia, Singapore, and Canada
- Simple app that is easy to open and use for new traders
Cons
- Fined by the FCA in 2012 for years of wrong transaction reports
- UK accounts were frozen by the FCA in 2015 during a money check
- No MetaTrader 4 or MetaTrader 5, only its own closed platform
- Trustpilot reviewers report repeated document checks on withdrawals
- Only CFDs are offered, so you never own the real asset
- Inactivity fee starts after just three months with no trades
- Plus500 discloses that 76 percent of retail clients lose money on its CFDs
Plus500 is a CFD broker that started in 2008 in Haifa, Israel. It grew fast and is now listed on the London Stock Exchange, inside the FTSE 250 index. Growth was not free of trouble. In 2012, the FCA fined the UK arm for years of wrong transaction reports. In 2015, the FCA froze all UK accounts for a time during a money laundering check.
Plus500 only offers CFDs. You trade on the price of forex, stocks, indices, commodities, and crypto, but never own the real asset. There is no MetaTrader 4 or MetaTrader 5, only its own closed app. Spreads start from 0.6 pips. An inactivity fee begins after three months without a trade.
On Trustpilot, Plus500 scores near 4.2 out of 5 from over 19,500 reviews, yet close to 15 percent leave only 1 star. A frequent complaint is that Plus500 asks for the same document more than once before paying out. Plus500UK Ltd is authorised by the FCA, and sister firms hold licenses in Cyprus and Australia, so real oversight exists, but the record is not clean.
Min. Deposit
USD 100
Max Leverage
1:30 for retail clients in the UK and EU, up to 1:300 for verified professional clients
Spreads From
0.6 pips
Platforms
Plus500 is a CFD broker that started in 2008 in Haifa, Israel. It grew fast and is now listed on the London Stock Exchange, inside the FTSE 250 index. Growth was not free of trouble. In 2012, the FCA fined the UK arm for years of wrong transaction reports. In 2015, the FCA froze all UK accounts for a time during a money laundering check.
Plus500 only offers CFDs. You trade on the price of forex, stocks, indices, commodities, and crypto, but never own the real asset. There is no MetaTrader 4 or MetaTrader 5, only its own closed app. Spreads start from 0.6 pips. An inactivity fee begins after three months without a trade.
On Trustpilot, Plus500 scores near 4.2 out of 5 from over 19,500 reviews, yet close to 15 percent leave only 1 star. A frequent complaint is that Plus500 asks for the same document more than once before paying out. Plus500UK Ltd is authorised by the FCA, and sister firms hold licenses in Cyprus and Australia, so real oversight exists, but the record is not clean.
Standard
- Simple interface
Multiple currency pairs available for trading
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
Regulators
Platforms
- FCA (UK)
- CySEC (Cyprus)
- ASIC (Australia)
- FMA (New Zealand)
- FSCA (South Africa)
- MAS (Singapore)
- CIRO (Canada)
- NFA/CFTC (USA)
