Plus500 Review

A listed, simple-to-use CFD broker with slick apps and no trading commissions.

Our verdict

Plus500 pairs the reassurance of a London-listed (FTSE 250) parent and broad tier-1 regulation with a clean, commission-free proprietary platform. Great for straightforward CFD trading, though there's no MetaTrader.

Founded
2008 Haifa, Israel
Regulators
7 FCA, CySEC, ASIC, MAS…
Minimum deposit
US$100 ~$50 some regions
EUR/USD from
~0.8 pips spread-only
Platforms
Plus500 WebTrader + Plus500 Invest
Instruments
2,000+ CFDs

The score, by criterion

How Plus500 scores

Regulation & fund safety · 30%
9.4
Trading costs · 25%
8.0
Execution quality · 20%
8.5
Client protections · 15%
9.0
Platforms & range · 10%
7.6

Strengths

  • Parent Plus500 Ltd is listed on the London Stock Exchange main market (FTSE 250).
  • Regulated across many top-tier jurisdictions (FCA, CySEC, ASIC, MAS, FMA).
  • Clean, fast, well-designed proprietary web and mobile platforms.
  • No trading commissions (spread-only) and no withdrawal fees.
  • Negative-balance protection and segregated client funds.

Considerations

  • CFDs only under the Plus500 brand (with Plus500 Invest for real shares in a few regions).
  • Proprietary platform only — no MT4, MT5 or cTrader.
  • High overnight funding; leverage cannot be adjusted by the client.
  • Currency-conversion fee up to 0.7% and a $10/month inactivity fee after 3 months.

Regulation & fund safety

Plus500 scores highly on safety: its parent is listed on the London Stock Exchange (FTSE 250), and it is regulated across seven jurisdictions including the FCA, CySEC, ASIC and MAS — one of the broadest tier-1 footprints here.

RegulatorJurisdictionLicence / reg. no.Legal entity
FCAUnited Kingdom509909Plus500UK Ltd
CySECCyprus (EU)250/14Plus500CY Ltd
ASICAustraliaAFSL 417727Plus500AU Pty Ltd
FMANew ZealandFSP 486026Plus500AU Pty Ltd
FSCASouth Africa47546Plus500AU Pty Ltd
MASSingaporeCMS100648-1Plus500SG Pte Ltd
FSASeychellesSD039Plus500SEY Ltd

Trading costs

Plus500 charges no trading commission; the cost is in the spread (EUR/USD around 0.8 pips). Note the other fees that matter for longer holds: overnight funding, a currency-conversion charge up to 0.7%, and a $10/month inactivity fee after three months without login.

Platforms & range

Trading runs on Plus500's own WebTrader and mobile apps — clean, quick and beginner-friendly — with Plus500 Invest offering real shares in some regions. There is no MetaTrader support, and the catalogue is CFD-focused (2,000+ instruments).

Who it's for

A good fit for traders who want a simple, well-regulated CFD platform and don't need MetaTrader, raw spreads or advanced tooling. Scalpers and algo traders will prefer an ECN broker.

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Risk warning

Trading forex & CFDs carries a high risk of loss — between 74% and 89% of retail investor accounts lose money when trading CFDs. This is independent editorial analysis, not financial advice or a recommendation to trade. Figures such as spreads and licences were verified as of August 2026 and may change; always confirm current terms and licence status in the regulator's own register.

WFX

World FX Awards Editorial Desk

Independent research & rankings

Our reviews follow a fixed, weighted and published methodology — regulation, cost, execution, client protections and platforms. Recognition is never sold, and licence details are verified in each regulator's official register.