Plus500 Review 2026

Item: Plus500
Rating: 8.45
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: June 05, 2026
2 in the rating

Go to broker

80% of retail CFD accounts lose money.

Min. deposit $100
Fees 5 /10
Account types 8.1 /10
Regulation 10 /10

8.5 /10

Highly trusted

Commissions and Fees 5.0
Regulation and Safety 10.0
Account Types 8.1
Deposit and Withdrawal 7.7
Markets and Tradable Assets 8.0
Trading Account Opening 9.0
Trading platforms & tools 5.4
Mobile Apps 8.0
Customer Support 8.0

Plus500 Pros & Cons

Regulated in 10 countries, offering multi-jurisdictional licensing
Advanced browser and mobile trading platforms
Transparent fee structure, including clear spreads and additional charges
Trading conditions automatically adapt to local regulatory requirements
Educational materials, free analytics, and demo accounts available
Customizable alerts through the platform and external communication channels

No Micro or Cent account types, limiting low-risk entry options
The Plus500 platform does not support automated trading
Certain widely used trader strategies are restricted

TU Expert Verdict

I can confidently recommend Plus500 — it is a highly trusted company that I have personally tested and verified. Its trading conditions and user feedback show that most traders are satisfied, and my own experience confirms its solid and consistently reliable performance.

Commissions and Fees

Score:

5 /10

The trading and non-trading commissions of Plus500 have been analyzed and rated as having Medium fees, with a fees score of 5/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

No deposit fee
No withdrawal fee

Above-average Forex trading fees
No ECN/Raw Spread account

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Plus500 with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, Plus500’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

Plus500 Standard spreads
	Plus500	OANDA	FOREX.com
EUR/USD min, pips	0.5	0.1	0.7
EUR/USD max, pips	0.9	0.5	1.2
GPB/USD min, pips	0.5	0.1	0.9
GPB/USD max, pips	1.0	0.5	1.4

Does Plus500 support RAW/ECN accounts?

As we discovered, Plus500 does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with Plus500. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

Plus500 Non-Trading Fees
	Plus500	OANDA	FOREX.com
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0-15	0
Inactivity fee ($, per month)	10	0	15

Is Plus500 Safe?

Score:

10 /10

We checked the Plus500 office

Plus500 has a safety score of 10/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Regulated in the UK
Track record over 18 years

No negative balance protection

Plus500 Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
FCA UK	Full Name Financial Conduct Authority	Country of regulation United Kingdom	Investor Protection Fund Up to £85,000	Regulation Level Tier-1
CySec	Full Name Cyprus Securities and Exchange Commission	Country of regulation Cyprus	Investor Protection Fund Up to €20,000	Regulation Level Tier-1
ASIC	Full Name Australian Securities and Investments Commission	Country of regulation Australia	Investor Protection Fund No specific fund but has stringent consumer protection	Regulation Level Tier-1
DFSA	Full Name Dubai Financial Services Authority	Country of regulation Dubai	Investor Protection Fund No specific fund	Regulation Level Tier-2
MAS	Full Name Monetary Authority of Singapore	Country of regulation Singapore	Investor Protection Fund No specific fund	Regulation Level Tier-1
FSCA SA	Full Name Financial Sector Conduct Authority of South Africa	Country of regulation South Africa	Investor Protection Fund No specific fund	Regulation Level Tier-2
FMA NZ	Full Name Financial Markets Authority of New Zealand	Country of regulation New Zealand	Investor Protection Fund No specific fund	Regulation Level Tier-2
SCB	Full Name Securities Commission of The Bahamas	Country of regulation Bahamas	Investor Protection Fund No specific fund	Regulation Level Tier-2
FSA (Seychelles)	Full Name Financial Services Authority of Seychelles	Country of regulation Seychelles	Investor Protection Fund No specific fund	Regulation Level Tier-3

Plus500 Security Factors
Foundation date	2008
Negative balance protection	No
Verification (KYC)	Yes

Account Types

Score:

8.1 /10

Plus500 offers the following account options: Demo, Standard, Swap Free.

However, Plus500 does not provide a Standard account, which can be a drawback for traders who prefer classic spread-based pricing models.

Low minimum deposit
Standard account with balanced trading conditions
Demo account

Micro lots are not available
No Cent account

Plus500 account types vs top competitors
	Plus500	Trading.com	OANDA
Standard	Yes	Yes	Yes
ECN/Raw spread	No	No	Yes
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	Yes
Swap Free	Yes	No	Yes
VIP	No	No	No
Managed	No	No	No

Plus500 accounts trading conditions

Plus500 does not offer a choice of account types. Additionally, the company does not encourage the opening of additional accounts (for example, in another currency), so most of its clients have one main account. However, it's possible to request the opening account — Plus500 allows this action in some cases. In this scenario, the accounts will work autonomously, and the transfer of funds between the main and additional accounts will not be available. How to delete a Plus500 account.

Account Types:

Account Type

Description

User

the only type of account designed for trading CFDs using either personal funds or leverage. Traders cannot deposit less than the amount required by the chosen payment system. For example, for bank cards, the minimum deposit amount is $100. If the regulator of the division classifies clients into Retail and Professional, during registration, the trader will have to take a test on market knowledge and confirm their trading experience. For professional clients, the broker opens User Pro accounts with narrower spreads and higher leverage. Please note that professional accounts do not have ICF protection.

In addition to the user account, Plus500 platforms also offer the option to create a demo account. It is designed for trading with virtual funds. Demo accounts have no expiration date, and when the balance reaches EUR 200, the deposit is automatically replenished.

While Plus500 offers only one account type, the trading conditions vary depending on the client's country and their level of professionalism.

Deposit and Withdrawal

Score:

7.7 /10

Plus500 received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

Plus500 provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

Bank card deposits and withdrawals
Bank wire transfers available
PayPal supported
No withdrawal fee

Wise not supported
BTC not available as a base account currency
BTC payments not accepted

What are Plus500 deposit and withdrawal options?

Plus500 provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, PayPal, Skrill.

Plus500 Deposit and Withdrawal Methods vs Competitors
	Plus500	Trading.com	OANDA
Bank Wire	Yes	Yes	Yes
Bank card	Yes	Yes	Yes
PayPal	Yes	No	Yes
Wise	No	No	No
BTC	No	No	Yes

What are Plus500 base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Plus500 supports the following base account currencies: USD, EUR, GBP, JPY, AUD, CAD, CHF, ZAR, NZD, PLN, HUF, TRY, SEK, CZK, NOK.

What are Plus500's minimum deposit and withdrawal amounts?

The minimum deposit on Plus500 is $100, while the minimum withdrawal amount is $50. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Plus500’s support team.

Markets and Tradable Assets

Score:

8 /10

Plus500 offers a wider selection of trading assets than the market average, with over 2800 tradable assets available, including 60 currency pairs.

2800 assets for trading
Commodity futures are available
60 supported currency pairs

Copy trading not available
Bonds not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by Plus500 with its competitors, making it easier for you to find the perfect fit.

	Plus500	Trading.com	OANDA
Currency pairs	60	69	68
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	2800	69	129
Stocks	Yes	No	Yes
Commodity futures	Yes	No	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	Yes	No	Yes
Stock indices	Yes	No	Yes
Options	Yes	No	No

Investment options

We also explored the trading assets and products Plus500 offers for beginner traders and investors who prefer not to engage in active trading.

	Plus500	Trading.com	OANDA
Bonds	No	No	Yes
ETFs	Yes	No	No
Copy trading	No	No	Yes
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

9 /10

We successfully registered an account with Plus500 in 5 minutes. The KYC verification was completed within 3 business days. The minimum deposit amount at Plus500 is $100.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Fast registration time (up to 15 minutes)
Fully online account opening process
Low minimum deposit requirement

Account approval may require extra time depending on the documentation.

Plus500 account opening
	Plus500	Trading.com	OANDA
Online Registration	Yes	Yes	Yes
Minimum deposit	$100	$50	$0
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	5	20	10
KYC time (days)	3	2	3

Is Plus500 available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

In this section, we'll guide you on how to create an account on the Plus500 website and activate access to your user account. We'll also provide a brief guide on its functionality.

First, you need to request the registration form. You can do this by clicking the Start Trading button.
Next, select the type of account you want to open — demo or user. Then, you'll need to enter personal information and provide details about your financial status, followed by uploading copies of documents. The application for opening a user account is processed by the company within 24 hours.
Details of the Plus500’s user ccount:
- A menu block where users can verify the information provided in the form (identity and place of residence).
- Deposit interface for trading account.

A trader registered with the broker also gains access to the following capabilities:

Accessing the web platform for trading via a browser;
Modifying or refining personal information, linking bank cards and accounts;
Submitting a withdrawal request;
Creating a demo account for trading with virtual funds;
Communicating with technical support in real-time.

Trading platforms & tools

Score:

5.4 /10

Plus500 received a score of 5.4/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.

Trade directly from TradingView
Proprietary platform with unique features

Strategy (EA) Builder is not available
No access to Free VPS

Supported trading platforms

Plus500 supports the following trading platforms: TradingView, Proprietary platform, WebTrader. This selection covers the basic needs of most retail traders. We also compared Plus500’s platform availability with that of top competitors to assess its relative market position.

	Plus500	Trading.com	OANDA
MT4	No	No	Yes
MT5	No	Yes	Yes
cTrader	No	No	No
TradingView	Yes	Yes	Yes
Proprietary platform	Yes	Yes	Yes
NinjaTrader	No	No	No
WebTrader	Yes	Yes	Yes

Key Plus500’s trading platform features

We also evaluated whether Plus500 offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.

Supported features
2FA	Yes
Alerts	Yes
Trading bots (EAs)	No
One-click trading	No
Scalping	No
Supported indicators	115
Tradable assets	2800

Additional trading tools

Plus500 offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.

Plus500 trading tools vs competitors
	Plus500	Trading.com	OANDA
Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making.	No	Yes	No
API	No	No	Yes
Free VPS	No	No	Yes
Strategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills.	No	No	Yes
Autochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels.	No	No	Yes

Mobile Apps

Score:

8 /10

Plus500 supports mobile trading, offering dedicated apps for both iOS and Android. Plus500 received 8/10 in this section, reflecting strong user engagement and well-developed functionality. High ratings, solid download numbers, and the presence of advanced mobile features contributed to the high score.

Supports mobile 2FA
Indicators supported
Mobile alerts supported

Fewer charting tools

We compared Plus500 with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.

	Plus500	Trading.com	OANDA
Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms.	10,000,000	50,000	1,000,000
App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience.	4.7	4.8	4.8
Google Play score	4.4	4.7	3.4
Mob. 2FA	Yes	Yes	Yes
Mob. Indicators	Yes	Yes	Yes
Mob. Alerts	Yes	Yes	Yes

Customer Support

Score:

8 /10

Plus500 demonstrates a high level of customer support. Assistance is available through multiple channels, and most requests are handled quickly.

During TU testing, managers responded promptly, communication was clear and structured, and support continued until the issue was fully resolved. Overall, Plus500 shows reliable service and active engagement with clients.

Information

On the Plus500 website, there is a stated schedule for 24/7 support accessibility and its multilingual nature.

Support operates continuously without breaks or weekends
Quick responses via email

Chat is only available for registered traders
Unable to request a callback

The available support channels depend on the trader's status:

Clients can use email and Live Chat in their user account;
Unregistered website users can only contact via email;
To request assistance via email, filling out the feedback form is necessary, which is located in the FAQs section.

Contacts
Foundation date	2008
Registration address	169-171 Arch. Makarios III Avenue, Cedars Oasis Tower, Floor 1, 3027, Limassol, Cyprus
Regulation	CySEC, FCA, ASIC, FMA, FSCA, FSA Seychelles, EFSA, MAS, DFSA, SCB Licence number: 250/14, FRN 509909, AFSL 417727, FSP 486026, 47546, SD039, 4.1-1/18, CMS100648, F005651, SIA-F250
Official site	https://www.plus500.com/en-de/invest
Contacts	support@plus500.com +1 (312) 939-8950 (USA)

Best Plus500 Alternatives

title="Trading.com USA" Trading.com USA

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Plus500 Video Guides

FAQs

What commissions and fees does Plus500 charge for forex trading and account maintenance?

Plus500’s overall fee level is rated as medium, with a fees score of 5/10 and above-average Forex trading fees, and it does not offer an ECN/Raw Spread account. For Standard accounts, commissions are included in the floating spread, with typical EUR/USD spreads between 0.5–0.9 pips and GBP/USD between 0.5–1.0 pips, though these may widen in volatile markets. Non-trading fees include no deposit or withdrawal fees, but there is a $10 per month inactivity fee.

What types of trading accounts are available at Plus500 and how do their conditions differ?

Plus500 primarily offers a single User account type for CFD trading, along with a demo account and a Swap Free (Islamic) option, and it does not provide micro, cent, VIP, or ECN/Raw spread accounts. The minimum deposit depends on the payment method (for example, $100 for bank cards), and professional clients may access User Pro accounts with narrower spreads and higher leverage but without ICF protection. While additional accounts can sometimes be opened on request, they operate independently and internal transfers between them are not available.

What do user reviews and feedback say about Plus500 overall?

Plus500 has a user satisfaction score of 7.9/10 based on 134 reviews, with 32% of users giving 5-star ratings, 29% giving 4-star, and 39% giving 3-star, while there are no 1- or 2-star ratings reported. According to user reviews, overall impressions are mostly positive, and 2341 users have chosen this broker according to the provided data.

Which markets and tradable assets can you access with Plus500, according to user comments and reviews?

Plus500 provides access to over 2800 tradable assets, including 60 currency pairs, stocks, commodity futures, cryptocurrencies, stock indices, options, and ETFs, but it does not offer bonds, copy trading, PAMM investing, or managed accounts. The review notes that this range is wider than the market average, though specific user comments or detailed asset-level feedback are not provided in the section.

How do traders describe the Plus500 mobile app in their reviews and feedback?

The Plus500 mobile apps for iOS and Android have a mobile trading score of 8/10, supported by high download numbers (10,000,000 installs) and strong store ratings (4.7 on the App Store and 4.4 on Google Play). The review highlights features such as mobile 2FA, trading alerts, and indicator support, while noting that the app offers fewer charting tools, and it does not provide detailed qualitative user comments beyond these metrics.