Visit to the Plus500 Cyprus office | Photos and Video Report

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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

Cyprus is one of the most popular jurisdictions for Forex companies. The Cyprus Securities and Exchange Commission (CySec) is a Tier-1 regulator, which means it adheres to stringent regulatory standards set by the European Union.

Traders Union's goal is to help traders understand the operation of Plus500 under CySEC regulation. Recently, Traders Union visited the office of Plus500 to verify that the company is genuinely operating in Cyprus and providing services there.

In this article, you will also find all the important information about the broker's regulation under CySEC and other jurisdictions.

Brief dossier of Plus500

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80% of retail CFD accounts lose money.

Foundation date	2008
Headquarters	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	Email: support@plus500.com, Phone: +1 (312) 939-8950 (USA)

A visit to the office of Plus500 in Cyprus

Blinov Vasily, our associate, visited the office of Plus500 located at the following address: 169-171 Arch. Makarios III Avenue, Cedars Oasis Tower, Floor 1, 3027, Limassol, Cyprus to conduct a thorough inspection and prepare a video report. Blinov Vasily is an experienced professional with extensive knowledge of the Forex market and methods of research.

The Plus 500 office is located in a modern 16-storey building in the center of Limassol. This is the famous business center Cedars Oasis, which is located on Makarios III Avenue, the highway that connects the city center with the waterfront and historical sites. The complex is a multifunctional building with elite office, retail and residential real estate. There are three levels of underground parking, two shopping floors with shops and boutiques, 6 floors of offices. Plus 500 occupies office #101.

Plus500 Office

A video report of the visit to the broker’s office

Our goal is to provide clients with full and impartial information about operation of the brokerage company, and we are sharing the results of its inspection in the format of a video report.

Plus500 Office

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80% of retail CFD accounts lose money.

Is a Plus500 safe broker?

Traders Union experts believe that Plus500 is a safe broker. This is evidenced by several factors, including:

Tier-1 Regulation: Regulated by a Tier-1 authorities.
Investor Protection Fund: Participation in the Investor Compensation Fund.
Segregated Accounts: Client funds are kept separate from company funds.
Longevity: Plus500 has a long history of reliable operating.

Plus500 safety and regulation

All Plus500 regulator	Country of regulation	Regulation level	Investor protection fund	Segregated Account
ASIC	Australia	Tier-1	No specific fund but has stringent consumer protection	Yes
CySec	Cyprus	Tier-1	Up to €20,000	Yes
DFSA	Dubai	Tier-2	No specific fund	Yes
FCA UK	United Kingdom	Tier-1	Up to £85,000	Yes
FMA NZ	New Zealand	Tier-2	No specific fund	Yes
FSA (Seychelles)	Seychelles	Tier-3	No specific fund	Yes
FSCA SA	South Africa	Tier-2	No specific fund	Yes
MAS	Singapore	Tier-1	No specific fund	Yes
SCB	Bahamas	Tier-2	No specific fund	Yes

How does CySEC regulation protect investors?

EU Rules Compliance: Adheres to EU regulations on leverage. Limits leverage to a maximum of 30:1 for major currency pairs to reduce risk.
Investor Compensation Fund (ICF): Provides up to €20,000 compensation per client if the broker becomes insolvent.
Transparency and Accountability: Ensures brokers operate with high standards of transparency.
Client Fund Segregation: Requires brokers to keep client funds separate from company funds.
Strict Licensing: Only grants licenses to brokers meeting rigorous standards.
Continuous Monitoring: Regular audits and oversight to ensure compliance.

Beyond the office: practical advice for Forex investors

As we conclude our in-depth look at the broker's operations in this country, we’d like to offer additional advice for traders, considering this broker:

When analyzing forex brokers such as Plus500, carefully examine any differences between their online branding and physical office location. Well-run and reliable businesses typically have consistency in marketing, details provided, and operational processes across both digital and in-person platforms. Compare what the Traders Union saw during their office visit to the information published on Plus500 website.

Furthermore, be aware that in the digital age, some less reputable brokers may have a polished online presence but lack a substantial physical operation. The Forex Regulatory Authority reports that 68% of forex scams investigated in the past year involved entities with misleading online representations of their physical presence.

Moreover, 72% of traders report feeling more confident with brokers whose physical offices match their online representations. If Plus500 demonstrates this level of consistency, it could be a positive indicator of their overall reliability and organizational prowess.