Item: Plus500
Rating: 7.43
Author: Oleg Tkachenko

6.83/10

Overall Score

Minimum deposit $100
EUR/USD spread 0.7
Supported assets 2800
Regulation FCA, CySEC, MAS, ASIC, FMA, FSA (Seychelles)

1 023*

users picked this broker in 3 months

in the Forex Brokers Ranking for United States

Plus500 is available in

Brief Look at Plus500

Plus500 is an international fintech holding that offers CFD and options trading worldwide through its network of branches, as well as futures trading in the U.S. The company was established in 2008 in Israel. It is regulated by the FCA, as well as by 9 financial supervisory authorities in other countries, such as CySEC (Cyprus), ASIC (Australia), MAS (Singapore), FSCA (South Africa), among others. Plus500 is listed on the London Stock Exchange (ticker: PLUS) and is part of the companies that make up the FTSE 250 stock index. Plus500 is a reliable broker for accessing financial markets, used by over 25 million traders worldwide.

Minimum deposit only $100
Tier-1 regulated broker
60 supported currency pairs
Investor protections fund
Free deposit and withdrawal options
PayPal deposits and withdrawals

ECN account is not allowed
Inactivity fee $10

Plus500 Key Parameters Evaluation

6.83/10

Overall Score

Commissions and fees

Regulation and safety

7.65

Deposit and withdrawal

7.89

Trading account opening

Markets and products

7.1

Trading platforms and tools

Why trust us

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Excellent

Top Forex brokers vs Plus500

	Plus500	AvaTrade	eToro
TU overall score	6.83/10	8.15/10	7.71/10
Max. Regulation Level Tier-1 regulation represents the most stringent oversight by top financial authorities, ensuring the highest level of security and compliance. Tier-2 and Tier-3 regulations indicate moderate to lower levels of oversight, with varying degrees of investor protection.	Tier-1	Tier-1	Tier-1
Minimum deposit ($)	100	100	50, 100 (for UK clients)
EUR/USD spread (avg.pips)	0.7	0.8	0.8
Withdrawal fee, %	0	0	0

Commissions and Fees

Score:

9/10

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

No deposit fee
No withdrawal fee

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

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	AvaTrade	eToro
EUR/USD min, pips	0,5	0.6	0.3
EUR/USD max, pips	0.9	0.9	1.1
GPB/USD min, pips	0.5	0.9	0.3
GPB/USD max, pips	1.0	1.3	1.1

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	AvaTrade	eToro
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.	1	0	0
Inactivity fee ($, per month)	10	16.66	10

Regulation and Safety

Score:

10/10

Plus500 has a safety score of 10/10, which corresponds to a High 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
Negative balance protection
Regulated in the UK
Track record over 17 years

Strict requirements and extensive documentation to open an account

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

Other Plus500 Security Factors
Foundation date	2008
Negative balance protection
Verification (KYC)

Verified company's address

We checked the office of the Plus500 brokerage company in Cyprus, which is located at the following address according to the information on the company’s website:

169-171 Arch. Makarios III Avenue, Cedars Oasis Tower, Floor 1, 3027, Limassol, Cyprus

Verified the company's address

* The results of this inspection shall not be regarded as an advice to choose the broker.

The company is located at the stated address
We were able to speak to a company representative
We were able to visit the office as clients
Video of the company’s office

Detailed report on the visit to the company’s office Plus500

Deposit and Withdrawal

Score:

7.65/10

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.

Wide variety of deposit and withdrawal options, reducing costs
PayPal supported
Minimum deposit below industry average

Wise not supported

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	AvaTrade	eToro
Bank card
PayPal
Wise
BTC

Does Plus500 Charge Deposit and Withdrawal Fees?

We compared Plus500's deposit and withdrawal fees with those of two of its competitors.

Plus500 Deposit and Withdrawal Fee
	Plus500	AvaTrade	eToro
Deposit fee, %	0	0	0
Withdrawal fee, %	0	0	0
Withdrawal fee, USD	0	0	5

What are Plus500 base account currencies? Base account currencies are the primary currencies in which trading accounts are denominated. They determine the currency used for deposits, withdrawals, and calculating account balances.Using a base currency that matches a trader's local currency can help avoid unnecessary conversion fees.

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. 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.

Trading Account Opening

Score:

7.89/10

We successfully registered an account with Plus500, which took 5 minutes. The minimum deposit amount at Plus500 is $100.

Plus500 is available in

* Location-based content display

Fully online
Fast registration
Low minimum deposit

KYC up to 3 working days

Plus500 Account Opening Documents and Options
Minimum deposit	$100
Is it fully online?
Registration time	5 minutes
KYC time	3 working day
Account currencies	USD EUR GBP JPY AUD CAD CHF ZAR NZD PLN HUF TRY SEK CZK NOK
Funding options	PayPal, Bank Card, Skrill, Bank Wire

Required documents

Identity documents. As part of the verification process, you may also be required to provide:
A document confirming your residential address;
Additional information about the payment method you plan to use for depositing funds into your trading account.

The list of required documents may vary depending on your country of residence.

Plus500 verification

Account types

Plus500 offers Standard and Demo accounts, along with the ability to trade micro-lots, making it accessible to traders with smaller capital. Additionally, a Swap-Free (Islamic) option is available for those adhering to Sharia principles. However, the broker does not provide ECN, Cent, VIP, or Managed accounts, which may limit options for traders seeking direct market access, ultra-small volume trading, premium services, or professional fund management.

Standard A general trading account suitable for most traders, offering access to a variety of markets with standard spreads and conditions.
ECN Provides direct market access with raw spreads and low latency execution. Typically requires a commission per trade instead of a spread markup. Suitable for high-frequency and professional traders.
Swap Free Designed for traders who follow Islamic finance principles, eliminating overnight interest (swap) charges.
Micro Allows trading with micro-lots (0.01 lot = 1,000 units), reducing capital requirements and risk. Ideal for beginners and strategy testing. Availability and conditions vary by broker.
Cent Operates with cent-denominated balances (1 USD = 100 cents), allowing trades with micro-lot sizes (0.01 lot = 1,000 units). Suitable for beginners and low-risk strategies.
Demo Enables risk-free trading with virtual funds. Conditions may vary by broker.
VIP Offers premium services, lower fees, and dedicated support. Requirements vary by broker.
Managed A professional handles trading on behalf of the investor. Risks and fees depend on the provider.

How to open Plus500 account

Click Start Trading/Trade for Real Money on the homepage.

Fill out the registration form and enter the verification code sent to your email address.

Plus500 registration form

After registration, you can access your account. To trade on a real account, verify your email, phone number, and residential address, and complete the verification process in your profile.

Markets and Products

Score:

8/10

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

2800 assets for trading
Indices trading
Crypto trading

Copy trading not available

Plus500 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	AvaTrade	eToro
Currency pairs	60	60	40
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 imposed on CFDs.	2800	250	5000
Stocks
Commodities
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.
Bonds
Indices

Trading Platforms and Tools

Score:

7.1/10

Plus500 is a user-friendly trading platform known for its intuitive interface and a wide range of tradable assets, including Forex, stocks, indices, cryptocurrencies, and commodities. The platform offers advanced charting tools, risk management features, and a seamless mobile trading experience.

Proprietary platform
Trade directly from TradingView
Real-time trading alerts
One-click trading

No access to MetaTrader
No direct trading from TradingView

Key Information about Plus500’s trading platform
Alerts
2FA
EAs
Indicators	115

Plus500’s WebTrader is a proprietary, browser-based trading platform designed for seamless access without the need for downloads. The interface is structured into three main sections for intuitive navigation:

Key Features:

Lower section: A dynamic price chart with multiple timeframes and built-in analysis tools.

Upper section: A list of tradable assets, real-time quotes, and the price change range. Trades can also be initiated directly from this area.

Order types: The platform supports Market and Mending orders, along with risk management tools such as Trailing Stop and Guaranteed Stop.

The price chart offers smooth scaling on higher timeframes, resembling TradingView in functionality.

Plus500 trading platform

Enhanced features in the quote window

Asset Information - Displays essential data, including key price levels, margin requirements, trading hours, leverage, and the current dynamic spread.

Market Sentiment - Provides insights into long and short positions based on broker data.

Watchlist Functionality - Enables quick access to selected assets.

Customizable Alerts – Allows notifications when price levels or the ratio of buyers to sellers meet predefined conditions.

With a streamlined interface and essential trading tools, Plus500 WebTrader is particularly well-suited for beginners, offering a hassle-free trading experience without complex multi-level settings.

Additional trading tools

Plus500 offers several additional features to enhance the trading experience. These tools provide greater automation, advanced market insights, and improved execution.

Plus500 trading tools vs competitors
	Plus500	AvaTrade	eToro
Trading bots (EAs)
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.
API An Application Programming Interface (API) allows traders to connect their trading accounts to custom applications, algorithms, or third-party software. This flexibility enables advanced trading strategies and automated trading solutions tailored to individual needs.
Free VPS A Virtual Private Server (VPS) provides a dedicated and reliable server environment for running trading platforms and EAs without downtime. Free VPS ensures that trading operations continue uninterrupted, even when the trader's personal device is off.
Signals (alerts) Trading signals or alerts are notifications that provide buy or sell recommendations based on market analysis. These signals help traders make timely decisions by highlighting potential trading opportunities.
One-click trading One-click trading simplifies the trading process by allowing traders to open or close positions with a single click. This feature is particularly useful for scalpers and day traders who need to act quickly in fast-moving markets.
Strategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without needing to write code. This empowers traders to customize their trading approaches and backtest them for effectiveness.
Autochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key levels. It provides traders with real-time alerts and actionable insights, helping to improve trading accuracy and efficiency.
TradingView

TU Expert Advice: Is Plus500 Worth the Try?

The Plus500 broker offers access to more than 2,800 trading instruments but specializes in CFDs. The choice of assets varies by country. For instance, only U.S. residents can trade futures, while UK residents are restricted from trading CFDs on cryptocurrencies. The company has already announced the Plus500 Invest service, allowing trading in real stocks rather than CFDs. However, its availability will vary across different countries.

Plus500 is a multi-regulated broker, thus the conditions for service provision differ across regions. For example, U.S. residents can only trade Forex in the form of futures since CFD trading is prohibited. Other divisions of Plus500 offer trading in currency CFDs (over 60 pairs) but vary the available leverage, ranging from 1:30 to 1:300. Additionally, traders registering with branches licensed by CySEC, FCA, and ASIC can undergo a qualification for professional status and receive more advantageous trading conditions.

Plus500 offers a guaranteed stop-loss function, allowing traders to set the maximum permissible value of potential losses. The broker automatically closes a position if the asset's price moves unexpectedly in a direction contrary to the trader's scenario. This protection is available for a selective range of instruments.

Video Review of Plus500

FAQs

How much do you need to start trading with Plus500?

The minimum deposit for Plus500 is $100. Read more about Plus500 minimum deposit and funding options in our article.

Is Plus500 a regulated broker or a scam?

Plus500 is a highly trusted broker, regulated by Tier-1 authorities, ensuring strong investor protection and strict compliance with financial laws.

What is the spread for EUR/USD at Plus500?

Plus500 offers an account with an average spread for EUR/USD of 0.7 pips. Spreads may fluctuate based on market conditions and liquidity.

What are Plus500 deposit and withdrawal options?

Plus500 supports various payment methods for deposits and withdrawals, including Bank Card, Bank Wire, PayPal, Skrill . Availability may vary by region.

Where is Plus500 available?

Plus500 is not available in certain countries due to regulatory restrictions. Some of the restricted regions include:

Canada

Belgium

Cuba

Iran

North Korea

Sudan

Syria

Additionally, the availability of specific trading instruments varies by country. For example, residents of the U.S. are restricted from trading Contracts for Difference (CFDs), while UK traders cannot trade crypto CFDs. Plus500 operates under multiple regulatory authorities, and the level of protection depends on the jurisdiction overseeing the account. For the most up-to-date information on service availability, users should check Plus500’s official website.

How many Forex pairs and trading instruments does Plus500 offer?

Plus500 provides access to 60 Forex pairs and 2800 tradable assets. The exact selection depends on the account type and trading platform.

Is Plus500 a good broker for beginners?

The ideal broker for beginners offers a low minimum deposit, educational resources, and copy trading. We compared these features at Plus500 and its competitors. See the comparison table below:

	Plus500	AvaTrade	eToro
Education	8.37	6.80	5.30
Min. deposit, $	100	100	50
Copy trading

Which brokers are better than Plus500?

Based on TU’s evaluation methodology, which considers over 250 parameters, the top alternatives to Plus500 are:

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	TU overall score	Regulation and safety	Commissions and fees	User Satisfaction
Eightcap	9.4	9.07	5.30	9.98
IC Markets	8.33	8.95	9.43	9.87
AvaTrade	8.15	6.97	7.20	9.81
eToro	7.71	5.32	9.69	9.67
Plus500	7.71	5.32	9.69	9.67

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Plus500, a leading global multi-asset fintech group, has reported strong financial results for the fiscal year ending December 31, 2024. The

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Team that worked on the article

Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and prediction of price tendencies in the Forex, stock, commodity, and cryptocurrency markets, as well as the development of trading strategies and individual risk management systems. He also analyzes nonstandard investing markets and studies trading psychology.

Learn about our editorial policies

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).

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