Plus500 is a London Stock Exchange-listed global CFD broker that was founded in 2008 in Israel. It is regulated by several international financial authorities, including the the UK's Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). Plus500 is listed on the stock exchange, discloses and is transparent about its financials, and is regulated by several top-tier financial authorities (see list below.) Plus500 does not accept U.S. Traders, so if that's you, unfortunately you can stop reading now. Otherwise, read on!
Plus500 is open to 50+ countries, and offers a wide menu of tradable products, including including forex, stock indices, individual shares, commodities, ETFs, options, and cryptocurrencies. They boast a suite of over 2,000 trading instruments. The spreads and pricing are very competitive, and there are no commissions. There are also some handy safety nets like guaranteed stop-loss orders and negative balance protection.
The user interface is extremely user-friendly and very intuitive. This makes for a very simple and straightforward experience for any trader, but is particularly helpful for those that are a bit new to trading, or even just new to CFDs, and who may feel overwhelmed by the process. Plus500 makes it easy to understand an execute your trades. The UI includes some handy features like watchlists & chart analysis and over 100 different trading indicators.
Opening an account is very simple and straightforward. Typically a new account can be up and running the same day. Support is available 24/7 via chat and email. Some may prefer phone support, but the chat option is actually very good, and wait times are minimal.
Plus500 is for the trader looking to make their trading simple, easy, and straightforward. If that sounds like you, then Plus500 is a solid option. We definitely recommend it! The broker's spreads are competitive, which keeps costs low, and the proprietary WebTrader platform is intuitively functional. Clients of Plus500 U.K. have the additional security of regulation by the Financial Conduct Authority.
Plus500 is Regulated by:
- Plus500UK Ltd authorized & regulated by the FCA (#509909).
- Plus500CY Ltd authorized & regulated by CySEC (#250/14).
- Plus500SG Pte Ltd, licensed by the MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018).
- Plus500AU Pty Ltd (ACN 153301681), licensed by:
ASIC in Australia, AFSL #417727, FMA in New Zealand, FSP #486026; Authorised Financial Services Provider in South Africa, FSP #47546. You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.
- Plus500SEY Ltd authorized & regulated by the Seychelles Financial Services Authority (#SD039)
Warning: 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
