Plus500 Review

Overall Score: 84 Points

BrokerAware Rank: #12

Min. Deposit: $100
Max. Leverage: 1:30-EU | 1:300-AU
Trading Platforms: Plus500 Platform

Plus500 is one of the most popular CFDs online. It offers tight-spread trading with leverage up to 300:1 and has over 300,000 clients worldwide. Its platforms are available in eight languages: Arabic, Bulgarian, Chinese, Croatian, Czech, French, German and Russian. Plus500 offers unique features that help you trade a wide range of markets, including foreign exchange, stocks and commodities using CFDs.

Source: Plus500

This platform makes it easy for retail traders to get started and grow their account size with a genuine CFD broker account in just minutes. Whether you are an advanced trader looking to expand your trading capabilities or a new trader looking to start on the right foot, Plus500 provides you with the tools and experience necessary to succeed.

Developed from the ground up, high-end trading tools and low latency connectivity provide Plus500 with lower costs, unmatched execution speed, and maximum market depth. With many popular trading pairs available to retail customers and institutional ones, Plus500 forex allows you to trade with confidence.

Plus500 is a leading online CFD broker that provides retail investors with the ability to trade in more than 2,500 financial instruments on their web trading platform. Plus500 is a global fintech company with offices in Israel (headquartered in Tel Aviv), the US, UK, France, Italy and elsewhere.

Source: Plus500

They also hold licenses in Europe (AMS) and Australia. Traders can trade using spreads as low as 0.01% per side, while they also offer leveraged trades for those who want more control over their investments. Plus500 is licensed by top-tier regulators, including CySec and FCA.

Fees and Commissions

Most brokers will charge you a fee for the use of their platform and then pay you a commission when they make a trade for you. Fees are dependent on the broker but usually range from 0.5% to 1% per trade. Commissions range from $1 per contract on some platforms up to $4 per contract on others.

Source: Plus500

While the specific fees will vary by broker, in general, the lower fee structure is best since it reduces your overall trading costs. Plus500 does not charge any commissions, so their platform can be used for almost cost-free trading.

Registered users can deposit funds with most major credit and debit cards, as well as electronic wallets such as Skrill, Neteller, and Paysafecard. Additionally, customers can make deposits using bank transfers or flexible loan options. The minimum deposit amount is $100 or $500 for ban transfers.

Tools and platforms

Plus500 offers a comprehensive range of tools and platforms for different types of trading. Users can start on an easy-to-use FX trading platform or move on to advanced technical analysis or fundamental analysis that help them decide on when to buy and sell currency pairs.

Source: Plus500

Portfolio management tools are also available, including managing multiple accounts and watching lists from a single place with ease. Plus500 also has powerful risk management tools, including a stop-loss function, which helps users protect their capital when the market suddenly drops. Plus500’s competitive spread rates make it an attractive choice for retail traders.