Plus500


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    Demo Account: Yes
    Allows Hedging: No
    Allows Scalping: No
    Headquarters:
    Founded: 2008
    Trading Platform(s): Plus500 is a CFD trading service only.
    Regulating Authority(s): FCA, CySec : Plus500 UK Ltd is authorised + regulated by the Financial Conduct Authority. Plus500 CY LTD is authorised and regulated by the Cyprus Securities and Exchange Commission.
    Minimum Deposit: €100
    Maximum Leverage: 1:294

    Visit Plus500

    Plus500

    €100
    Minimum Deposit
    1:294
    Maximum Leverage
    2008
    Founded

    £20 No Deposit Welcome Bonus, Up to £6,000 Deposit Bonus!

    Plus500 Review

    Plus500

    Company Overview

    The company was established in 2008 and this company offers an online CFD service. Currently, Plus500 has a platform that has generated a loyal and dedicated client base within Asia and Europe. They do not currently offer its services to any U.S. clients. This company provides more than 1000 instruments in which clients can trade. 
     

    Account Types

    This company offers a simple and straightforward account type. Plus500 offers one easy-to-use live account. This account requires a minimum $100 deposit for clients to open the live account. It is important to remember that opening the demo account can offer clients an automatic $25 that is free to trade with.
     

    Commissions & Spreads

    Currently, Plus500 is spread only. This means that they do not charge a commission. The company is compensated solely through the spread. With this broker, all the spreads are tight. Many brokers use floating spreads; however, the tight spreads offered by Plus500 can be as low as 2 pips which allow Plus500 to remain one of the most competitive brokers online.
     

    Trading Software

    The trading platform provided on Plus500.com is comprehensive and simple to use. The platform allows clients to trade in several different markets from one screen while offering real time quotes. One advantage of using Plus500.com is the platform's usability. This platform allows clients to trade CFDs, commodities, ETFs, stocks, and indexes on one organized trading platform.

    The Plus500.com trading platform is available in three distinct versions. There is a web-based version, a mobile version, and a downloadable version. The web-based version allows clients to access accounts via any computer. The downloadable version is saved to a personal desktop or laptop computer. The mobile version allows user to access any account from a mobile device.
     

    Deposits & Withdrawals

    For the most part, the banking aspect of Plus500 is clear and uncomplicated. There are several basic ways to fund an account.

    Wire Transfer – A deposit received via wire transfer takes up to three days to process. The process is simple. The client clicks on the Funds Management icon, selects Wire and clicks on the Send Me Wire Details. After this is completed, Plus500 sends an email containing wiring details. The email will provide all required banking details and minimum deposit information.

    Credit and Debit Cards – Using a MasterCard or Visa is the fastest way to begin trading. This requires the client to access the Plus500 cashier screen. On this screen, the client must submit credit card information to start trading instantly.

    PayPal – PayPal is a newer addition to the Plus500 banking process. This process is safe and easy. Clients simply access the primary trading lobby screen and click on the Funds Management icon. The client selects PayPal and enters the amount. The client must also enter individual PayPal details. Upon completion, a new window appears that requires confirmation on the PayPal website.

    Moneybookers – This process is also straightforward. The client simply clicks the Funds Management icon and selects the Moneybookers option. After entering the appropriate Moneybookers email, a new window will appear and the transfer is ready for confirmation.

    Customer Support

    Customer support is provided by email. This is available 24 hours a day, 7 days a week. Although there is no live chat feature, Plus500 generally responds by email within 30 minutes.
     

    Regulators & Safety

    Plus500 UK Ltd is authorized and regulated by the Financial Conduct Authority (FCA). Plus500 CY LTD is authorised and regulated by the Cyprus Securities and Exchange Commission.  The FCA has a built a reputation for being a strict and stern financial authority. The FCA offers investor protection of 100% of the initial £50,000 of a claim. Regulations with the FCA mandate that client funds are held in isolated accounts. This stipulation offers increased reassurance to clients.

     

    Leverage

     

    Leverage is known as the amount a client can increase the value of a trade. Plus500 has a maximum leverage of 294:1. 
     

    Sign Up Bonuses & Deposit Bonus Promotion Codes

    Plus500 currently offers a €25 Forex bonus to new clients that open an account. There is no minimum deposit to receive this bonus. Additionally, after making the initial deposit, the client receives up to an additional 30% if they use one of the following promotion codes:

    Minimum DepositBonus AmountRequired TPointsBonus Code
    £100£2050FIRST100
    £400£100150FIRST500
    £750£150200FIRST1000
    £4,000£5001000FIRST5000
    £7,500£1,2002500FIRST10000
    £40,000£6,00010000FIRST50000
     

     


    Visit Plus500's Website

Company Information
Broker's Name
Plus500
Headquartered in
Year Founded
2008
Regulating Authority
FCA, CySec : Plus500 UK Ltd is authorised + regulated by the Financial Conduct Authority. Plus500 CY LTD is authorised and regulated by the Cyprus Securities and Exchange Commission.
US Clients Accepted
No
Telephone Number
Fax Number
E-Mail Address
support@plus500.com
Account Options
Type of Broker
No dealing desk
Commission
Mini Account
Yes
VIP Account
No
Segregated Account
No
Islamic Account (Swap Free)
No
Demo Account
Yes
Institutional Accounts
No
Managed Accounts
No
Maximum Leverage
1:294
Minimum Deposit
€100
Deposit Options
Credit Cards, Money bookers, Wire Transfer, PayPal
Withdrawal Options
Credit Cards, Moneybookers, Wire Transfer
More Instruments
Metals
Yes
Oil
Yes
Gold
Yes
Indices
Yes
Stocks
Yes
Commodities
Yes
ETFs
Yes
CFDs
Yes
Trading Platform
Platform Type
Plus500 is a CFD trading service only.
Platform Languages
Arabic, Bulgarian, Chinese, Croatian, Czech, Danish, Dutch, English, Estonian, Finnish, French, German, Greek, Hebrew, Hungarian, Italian, Japanese, Korean, Latvian, Lithuanian, Malay, Norwegian, Polish
OS Compatibility
Mac, Microsoft Windows, Mobile, Web, iPhone, iPad
Streaming News Feed
No
Charting Package
Yes
Trading Signals
No
Automated Trading
No
Trade From Charts
No
Market Commentary
No
E-mail Alerts
Yes
Mobile Alerts
Yes
Scalping
No
Hedging
No
Trailing Stops
Yes
Guaranteed Stop Loss
No
Guaranteed Limit Orders
Yes
Guaranteed Fills
Yes
Interest on Margin
Yes
One-Click Execution
No
OCO Orders
No
Mobile Trading
Yes
Web-Based Trading
Yes
Customer Service
Customer Support Languages
Arabic, Bulgarian, Chinese, Croatian, Czech, Danish, Dutch, English, Estonian, Finnish, French, German, Greek, Hebrew, Hungarian, Italian, Japanese, Korean, Latvian, Lithuanian, Malay, Norwegian, Polis
Customer Service Hours
24/7 by email
Place Trades Over the Phone?
No
Bonuses & Rewards
No Deposit Bonus
Yes
Bonus for First Deposit
Yes
Is the Bonus Based on the Volume of the Transaction?
No
Other Bonuses
Yes


English
Top Bonus Info: 
£20 No Deposit Welcome Bonus, Up to £6,000 Deposit Bonus!
Our Rating: 
4.5
Average: 4.5 (1 vote)
Mini Bonus Info: 

No deposit
£20
+ Up to £6000 on deposits

USPs: 
No commissions and low spreads
Advanced trading tools
Minimal account fees
Region: 
T1 ROTW

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