1. Home
  2. TOP brokers
  3. TOP retail brokers
  4. Plus500 review

Plus500 review

Plus500-London-Stock-Exchange

🌐 Visit Plus500 website
82% 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.

🏦 Plus500 – one of the few brokers listed on a Stock Exchange

Plus500 is special – it’s one of the rare brokers listed on the London Stock Exchange.

What does it mean for you?

The enrollment in the Stock Exchange puts the company under significant scrutiny as any negative news could hurt its stock price, and upset their shareholders.

Therefore, the company has to allocate a lot of resources and attention on ensuring its clients are happy and satisfied.

💎 Our experience with Plus500

During our 10+ years analysing brokers, we have observed how Plus500 has risen to the very top in terms of quality and customer service. They are hands down the most demanding and strict when it comes to compliance with security and quality standards.

🏀 Chicago Bulls trust Plus500

Do you remember the NBA team “Chicago Bulls”, where Michael Jordan used to play?

Plus500 is the official sponsor of the legendary “Chicago Bulls”. So, as their client, you’ll be in a good company.

It’s likely that the Chicago Bulls managers also do a thorough due diligence on their partners and co-operate only with trustful entities.

Key Info About Plus500

  • Founded: 2008
  • Headquarters: Israel
  • Regulated by: Plus500CY Ltd is authorised and regulated by the CySEC (Licence No. 250/14)
  • Minimum Deposit: $100
  • Commissions: No commissions as Plus500 is making money from the spread, just like banks and currency exchange companies. But remember, that with all brokers, some fees may apply for holding positions open overnight and over-weekend.
  • Payment options: Paypal, Credit Card, Bank Wire, Money Bookers.

✅ Pros of Plus500

  • Highly regulated and trusted.
  • You can trade almost every possible asset type: from forex, stocks, crypto to indices and commodities like gold or oil, and much more.
  • Fast account verification.
  • Very good mobile apps, so you can trade and check your results on the go if needed.

❌ Cons of Plus500

  • Scalping not allowed. The minimum holding time of open position on the Plus500 platform should not be less than 2 minutes, otherwise it counts as scalping.