Plus500 Review

Regulated by: FCA, CySEC, ASiC

Headquarters: United Kingdom

Ranking: 21

Spread: 0.6 pips (EURUSD)

Leverage: 300:1

Minimum Deposit: $100

Plus500 Review & Author's Comment

Being one of the biggest CFD and forex brokers in the United Kingdom, Plus500 is not only regulated by FCA but also by CySEC and ASiC. In addition to be authorized and regulated by three regulative watchdogs, very wide range of instruments offered by the firm is what distinguishes Plus500 from other forex brokers. If you like to have the opportunity to trade ETFs, options and shares besides standard instruments such as forex, commodities and indices, Plus500 would meet the requirements.

There is a notable drawback for traders who are very used to and fan of MetaTrader though. Plus500 has developed its own trading platform and doesn’t offer any other option in terms of trading platform. Their platform is easy to learn and use however if your trading strategy is based on an automated system (EA), you wont able to run it on Plus500’s platform.


Broker Detail
Adress: South Quay Plaza 183, Marsh Wall London E14 9SR, United Kingdom
Phone: None
Web:

http://www.plus500.com

E-Mail: support@plus500.com
Regulator: FCA (Registration number 509909), CySEC (License No. 250/14), ASiC (AFSL #417727)
Year Founded: 2008
Instruments
Forex:
Precious Metals:
Energy:
Soft Commodities:
Indices:
CFDs:
Stocks:
ETFs:
Bonds:
Options:
Cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, NEO, Ripple, IOTA
Account Options
ECN Account:
Swap-Free Account:
Nano Account:
MAM / PAMM Account:
Demo Account:
Funding Methods: Wire Transfer, Credit Card, PayPal, Skrill, Moneybookers
Withdrawal Methods: Wire Transfer, Credit Card, PayPal, Skrill, Moneybookers
Customer Services
Live Chat:
24 Hours Support:
Languages: Arabic, Dutch, English, French, German, Hebrew, Italian, Polish, Spanish
Platforms
Supported Platforms: Plus500 Platform
Webtrader:
Mobile: IOS, Android
Trading
Leverage: 300:1
Spreads: As low as 0.6 pips for EURUSD
Minimum Deposit: $100
Fixed Spreads:
Automated Trading:
Hedging:
API Trading:
Negative Balance Protection:
Accepts Clients from the US:

Plus500 Review

Plus500 Review
  • 8.7/10
    Reliability - 8.7/10
  • 8.2/10
    Deposit & Withdrawal - 8.2/10
  • 5/10
    Bonus - 5/10
  • 6.9/10
    Customer Support - 6.9/10
  • 8.2/10
    Overall Trading Conditions - 8.2/10
7.4/10

Summary

Regulation by three strict regulators FCA, ASIC, CySEC. Very wide range of trading instruments including ETFs, shares and options. No bonus, no MetaTrader.