6.1/10 (Expert Score)
Company is rated as #23 in category Forex Brokers

Plus500 review: Plus500.com is an online trading platform that was founded in 2008 and is headquartered in Israel. The platform offers trading in a variety of financial instruments, including stocks, forex, commodities, cryptocurrencies, and options. Plus500.com is known for its user-friendly interface and wide range of trading tools and features.

One of the key advantages of Plus500.com is its user-friendly interface. The platform is designed to be intuitive and easy to navigate, making it ideal for both beginner and experienced traders. The platform is also available in multiple languages, including English, Spanish, German, French, and Italian.

While there are many advantages to trading with Plus500.com, it is important to note that there are also some potential drawbacks. For example, the platform is not available to traders in the United States, and the range of financial instruments available for trading is limited compared to some other platforms. Additionally, while Plus500.com is regulated by several financial authorities, some traders may prefer a platform that is regulated by a single authority in their home country.

Awards:

award

In 2020, Plus500.com won the Best Trading Platform award at the Online Personal Wealth Awards.

award
award

In 2019, Plus500.com was named the Best Forex Provider at the Investors Chronicle and Financial Times Investment and Wealth Management Awards.

award
award

In 2018, Plus500.com won the Best Trading Platform award at the ADVFN International Financial Awards.

award
πŸ’΅ CurrencyUSD, EUR, GBP
πŸ’° Min depositFrom $100
βš–οΈ LeverageUp to 1:300
πŸ’± SpreadVariable from 0.6 pips for Forex
πŸ’Ή MarketsForex, indices, commodities, cryptocurrencies, options, ETFs
πŸ“± Mobile appsiOS, Android
πŸ—ΊοΈ HeadquartersHaifa, Israel
Advantages:
  • User-friendly interface
  • Competitive pricing
  • Range of trading tools and features
Disadvantages:
  • Limited range of financial instruments
  • Not available to traders in the United States
  • Regulated by multiple financial authorities

Overall Plus500 Review

Overall, Plus500.com is a user-friendly and competitive trading platform that offers a range of trading tools and features. While there are some potential drawbacks, many traders find Plus500.com to be a reliable and trustworthy platform for trading in a variety of financial instruments.

Go to Plus500.com website

Note!

Take advantage of the opportunity to receive extra monthly bonuses and payouts by trading with this broker.

Registration

Register on our siteThis is only 1 Minute​

Get rebate from trading

Receive paymentsGet payments and bonuses

trading account

Choose company​Open a real trading account through our personal cabinet

Best Crypto Apps

okx.com

okx.com

Tradable Coins
350+
Trading Fees
0-0.1%
9.5
bybit

bybit.com

Tradable Coins
360+
Trading Fees
0-0.1%
9.5
binance

binance.com

Tradable Coins
385+
Trading Fees
0-0.1%
9.2
kucoin

kucoin.com

Tradable Coins
815+
Trading Fees
0-0.1%
9

Top Crypto Exchanges→

Geographic Distribution

Geography of clients (traders) of Plus500

Top Reviews

Best customer reviews of Plus500

The site administration cannot guarantee review accuracy and lacks the technical means to verify if authors are actual customers. Reviews lacking detail and purely emotional in nature are disregarded.

I have been trading with Plus500.com for a few years now and I am very satisfied with their platform. The trading tools are easy to use and provide valuable insights into the markets. The range of financial instruments is impressive, and I appreciate the competitive pricing. Overall, I highly recommend Plus500.com to anyone looking for a reliable and user-friendly trading platform.

Jan Kowalski
Jan Kowalski
Poland

The platform is easy to use and offers competitive pricing. On the other hand, the range of financial instruments is limited compared to some other platforms, which can be frustrating. Additionally, the customer service can be slow to respond to inquiries. Overall, I would say that Plus500.com is a decent trading platform, but it may not be the best option for all traders.

Mario Rossi
Mario Rossi
Italy

I had a disappointing experience with Plus500.com. While the platform is user-friendly, I found the range of financial instruments to be quite limited. Additionally, the customer service was unresponsive and unhelpful when I encountered issues with the platform. The pricing is also not as competitive as some other platforms. Overall, I would not recommend Plus500.com to anyone looking for a robust and reliable trading platform.

Bas de Boer
Bas de Boer
Netherlands

Expert Review

Expert Review of Plus500

As a financial expert, I have had the opportunity to evaluate Plus500.com and its platform. Overall, I find that the platform is user-friendly and offers a range of useful trading tools and features. One of the key advantages of Plus500.com is its competitive pricing, which includes tight spreads and low fees.

However, one of the main disadvantages of Plus500.com is the limited range of financial instruments available for trading. While the platform does offer a decent selection of stocks, forex, commodities, and cryptocurrencies, it does not offer as many options as some other platforms. Additionally, some traders may be put off by the fact that Plus500.com is regulated by multiple financial authorities, rather than a single authority in their home country.

Another potential downside of Plus500.com is that the customer service can be slow to respond to inquiries. While the platform does offer multiple channels for customer support, including email and live chat, some traders may find that the response times are longer than they would like.

In summary, Plus500.com is a competitive trading platform that offers a range of useful trading tools and features. While there are some potential drawbacks to the platform, such as the limited range of financial instruments and slower customer service, many traders find Plus500.com to be a reliable and user-friendly platform for trading in a variety of financial instruments.

Roman_Mukhin
Roman Mukhin
Financial expert and analyst at TradersHero.com

Risk Warning. It's important to note that trading on Plus500.com, like any trading platform, involves risk, and traders should carefully consider their financial situation and trading objectives before making any trades.

Copy trading

Investment Programs

ZuluTrade works by allowing traders to select the traders they wish to copy and set their own risk management parameters. Once a trader has been selected, ZuluTrade will automatically copy their trades to the trader's account. This can be a useful tool for those who are new to trading or who want to benefit from the expertise of others.

One of the key advantages of ZuluTrade is its user-friendly interface, which allows traders to easily navigate the platform and select the traders they wish to copy. Additionally, ZuluTrade offers a range of risk management tools, such as the ability to set stop-losses and take-profit levels, which can help traders minimize their losses and maximize their profits.

It's important to note, however, that copy trading also involves risks, and traders should carefully research and select the traders they wish to copy. Additionally, traders should monitor their performance regularly and be prepared to make adjustments to their copy trading strategy as needed. Overall, ZuluTrade can be a useful tool for traders who want to benefit from the expertise of others, but it's important to approach copy trading with caution and a solid understanding of the risks involved.

ZuluTrade is a third party copy trading platform that allows traders to copy trades of other traders.

how to use ZuluTrade on Plus500.com
To use ZuluTrade on Plus500.com, traders will need to follow these steps:
Create a ZuluTrade account
Traders will need to create a ZuluTrade account and link it to their Plus500.com account. This can be done by following the instructions provided by ZuluTrade and verifying their Plus500.com account.
Select traders to copy
Traders can browse through the list of traders on ZuluTrade and select the ones they wish to copy. Traders can choose the amount they want to invest and set their own risk management parameters.
Monitor performance
It's important for traders to regularly monitor the performance of the traders they are copying and adjust their copy trading strategy as needed. Traders can use the tools and features provided by ZuluTrade, such as the ability to set stop-losses and take-profit levels, to help minimize their risks.

Remember, copy trading carries risks, and it's important to carefully consider your personal circumstances, risk appetite, and financial goals before engaging in copy trading activities on Exness.com or any other platform.

One of the key differences between ZuluTrade and other copy trading platforms is the large pool of experienced traders that are available on the platform. ZuluTrade has a global network of traders who have a proven track record of success in the markets, which provides traders with a wider range of options to choose from.

Additionally, ZuluTrade offers a range of risk management tools that can help traders minimize their risks, such as the ability to set stop-losses and take-profit levels. These tools can help traders to protect their investments and potentially increase their profits.

Overall, ZuluTrade's large pool of experienced traders and comprehensive risk management tools set it apart from other copy trading platforms, making it a popular choice among traders who are looking for a reliable and effective way to copy the trades of others.

Best Copy Trading Platforms

bybit

Bybit.com Review

okx.com

OKX.com Review

htx

HTX.com Review

All Copy Trading Platforms β†’

Conditions

Trading Conditions for Plus500.com Users

Plus500.com offers a range of trading conditions for its users, including account types, leverage, spreads, and trading platforms.

Account Types: Plus500.com offers two account types for its users: a live trading account and a demo account. The demo account is a useful tool for new traders to practice trading without risking real money, while the live trading account allows traders to trade with real money.

Leverage: The platform offers leverage of up to 1:30 for retail clients, and up to 1:300 for professional clients. Leverage allows traders to increase their potential profits, but it also increases their risk of losses.

Spreads: Plus500.com offers competitive spreads on a range of financial instruments, including forex, commodities, and cryptocurrencies. Spreads can vary depending on market conditions and the specific financial instrument being traded.

Trading Platforms: The platform offers a proprietary trading platform that is user-friendly and customizable. The platform is available on desktop and mobile devices, and includes a range of advanced trading tools and features.

Overall, Plus500.com provides a range of trading conditions that are designed to meet the needs of traders of all experience levels. Traders can choose from a variety of financial instruments and take advantage of the platform's user-friendly interface and advanced trading tools to potentially increase their profitability. However, traders should also be aware of the risks involved in trading and carefully consider their trading strategy before investing their money.

πŸ’΅ CurrencyUSD, EUR, GBP
πŸ’° Min depositFrom $100
βš–οΈ LeverageUp to 1:300
πŸ’± SpreadVariable from 0.6 pips for Forex
πŸ’Ή MarketsForex, indices, commodities, cryptocurrencies, options, ETFs
πŸ“± Mobile appsiOS, Android
πŸ’΅ Replenishment / Withdrawal:Replenishment / Withdrawal: Visa, Mastercard, PayPal, Skrill, bank transfer
🏦 Broker Type:Market Maker
πŸ“ž Customer ServiceLive chat, email, phone
πŸ‘©β€πŸ’Ό SupportMultilingual
πŸ‘¨β€πŸ’Ό Personal Account Managerβœ…
πŸ” Copy Trading❌
πŸ”“ Demo accountβœ…
πŸ—ΊοΈ HeadquartersHaifa, Israel

Risk Warning

Comparison

Comparison of Plus500.com with other FOREX Brokers

Trading platform
MT4, MT5
iOS, Android
Min Deposit
Leverage
Demo account
COPY TRADING
Plus500.com
Learn more
Trading platform
Plus500.com offers a web-based trading platform and mobile apps for iOS and Android devices.
MT4, MT5
iOS, Android
Min Deposit
$100
Leverage
1:300
Demo account
COPY TRADING
roboforex
RoboForex
Learn more
Trading platform
cTrader, RMobileTrader, RStocksTrader, RWebTrader
MT4, MT5
iOS, Android
Min Deposit
$10
Leverage
1:2000
Demo account
COPY TRADING
tickmill
Tickmill
Learn more
Trading platform
WebTrader
MT4, MT5
iOS, Android
Min Deposit
$10
Leverage
1:300
Demo account
COPY TRADING
IC_Markets
IC Markets
Learn more
Trading platform
cTrader
MT4, MT5
iOS, Android
Min Deposit
$200
Leverage
1:500
Demo account
COPY TRADING
Trading platform
MobileTrading
MT4, MT5
iOS, Android
Min Deposit
$5
Leverage
1:1000
Demo account
COPY TRADING
Trading platform
MobileTrading, cTrader
MT4, MT5
iOS, Android
Min Deposit
$100
Leverage
1:200
Demo account
COPY TRADING

Broker comparison table of trading instruments

Plus500.com
VS
Tickmill
VS
IC Markets
Forex
VS
VS
Metalls
VS
VS
Crypto
VS
VS
CFD
VS
VS
Indexes
VS
VS
Stock
VS
VS
ETF
VS
VS
Options
VS
VS

Commissions

Plus500.com Accounts, Commissions & Fees

The platform offers two types of accounts: a live trading account and a demo account. The demo account is free and allows traders to practice with virtual funds. The live trading account requires a minimum deposit, which varies by region and can range from $100 to $1,000.

Plus500.com does not charge commissions on trades. Instead, the company makes its money through spreads, which are the difference between the buy and sell prices of an asset. The spreads vary depending on the asset being traded, but are generally competitive with other brokers in the industry.

The overnight funding fee, or swap rate, is a cost associated with holding a position overnight. The fee is calculated based on the size of the position and the interest rate differential between the two currencies being traded. Plus500's overnight funding fees are clearly listed on their website and vary by asset.

Plus500.com also charges an inactivity fee of $10 per quarter for accounts that have not been used for more than three months. This fee is waived for accounts with a balance of $500 or more.

Overall, Plus500's account fees and commissions are competitive with other brokers in the industry. However, traders should be aware of the potential for overnight funding fees and the inactivity fee for dormant accounts.

Account typeMinimum depositLeverageTransaction feeMargin call / Stop out
Retail$1001:300.06% – 0.76%50% / 20%
Professional$10001:3000.03% – 0.50%50% / 20%

Fees at Plus500.com vary by instrument and account type. Below is general information about commissions for each instrument type:

InstrumentSpreadOvernight FundingInactivity Fee
ForexFrom 0.6 pipsLIBOR +/-2.5%$10/month after 3 months of inactivity
CommoditiesFrom 0.03LIBOR +/-2.5%$10/month after 3 months of inactivity
IndicesFrom 0.4LIBOR +/-2.5%$10/month after 3 months of inactivity
CryptoFrom 0.6%LIBOR +/-2.5%$10/month after 3 months of inactivity
SharesFrom 0.1%LIBOR +/-2.5%$10/month after 3 months of inactivity
ETFsFrom 0.15%LIBOR +/-2.5%$10/month after 3 months of inactivity

Overnight funding rates vary by instrument and are subject to change. LIBOR +/-2.5% is an average and may be higher or lower depending on the instrument and market conditions.

Risk Warning

Final review

Plus500 Detailed Review

Plus500 is a CFD broker established in 2008 with headquarters in Israel. The company is listed on the London Stock Exchange and has regulatory licenses from several financial authorities, including the FCA in the UK, CySEC in Cyprus, and ASIC in Australia.

Plus500 offers its clients access to trade over 2,000 CFD instruments across various asset classes, including forex, stocks, commodities, cryptocurrencies, and indices. Plus500 offers a proprietary trading platform that is easy to use, intuitive, and offers fast execution speeds. The platform can be accessed through desktop, mobile, and web-based applications.

One of the main advantages of Plus500 is the low minimum deposit required to open an account, which is just $100. Additionally, the broker offers a demo account, which is a great way for traders to practice and test their strategies before trading with real money.

Plus500 offers several account types to cater to the needs of different traders. The account types include a demo account, standard account, and a professional account. The standard account offers a leverage of up to 1:30, while the professional account offers leverage of up to 1:300. The professional account requires traders to meet certain criteria, including having at least 1 year of experience in trading financial instruments.

In terms of regulation and safety, Plus500 is a well-regulated broker and has a good reputation in the industry. The broker is regulated by several financial authorities, including the FCA in the UK, which is considered one of the most reputable financial regulators in the world.

Note
Plus500 charges no commissions on trades, instead, they offer a fixed spread on each instrument. The spreads offered by Plus500 are generally competitive with other brokers in the industry. There are also no hidden fees or charges, making it easy for traders to know exactly what they are paying.

In conclusion, Plus500 is a reputable broker that offers competitive trading conditions and a user-friendly trading platform. The low minimum deposit requirement and demo account make it accessible to novice traders, while the professional account caters to more experienced traders. However, the lack of other trading products and social trading features may be a disadvantage for some traders.

Advantages:

Binance is the most popular cryptocurrency exchange in the world. Here are the benefits that make it special:

Educational resources: The platform offers a range of educational resources, including webinars, video tutorials, and a comprehensive FAQ section, to help traders learn and improve their trading skills.
Demo account: Plus500.com provides traders with a free demo account, allowing them to practice trading strategies and test the platform without risking any real money. This is an excellent feature for beginners who want to gain confidence and experience before trading with real money.
Commission-free trading: The platform offers commission-free trading on all its assets, making it a cost-effective option for traders who want to minimize their trading costs.
User-friendly platform: Plus500.com offers a simple and intuitive trading platform that is easy to navigate, even for beginners. It provides a range of trading tools and features, making it an ideal platform for both novice and experienced traders.
Regulated broker: The platform is authorized and regulated by several top-tier regulatory bodies, including the FCA, ASIC, and CySEC. This ensures that traders can trust the platform to operate in a transparent and secure manner.
Extensive asset selection: With over 2,000 financial instruments available to trade, Plus500.com provides traders with a vast selection of assets to choose from, including forex, commodities, indices, shares, options, and cryptocurrencies.

Plus500.com Regulator

Plus500.com is a regulated broker, authorized and regulated by several top-tier financial authorities such as the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC) in Australia, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Israeli Securities Authority (ISA) in Israel.

This means that Plus500.com must adhere to strict regulations, including client fund segregation, regular audits, and a certain level of financial protection for clients. In addition, Plus500.com must follow strict rules regarding the provision of trading services and the treatment of customers, ensuring that they receive a fair and transparent service.

Overall, the regulation of Plus500.com is considered to be one of its strengths, as it provides clients with the peace of mind that their funds are safe and that they are trading with a reputable and trustworthy broker.

Risk Warning

Promotions

Bonuses Paid by the Plus500.com

Bonuses

Plus500.com offers bonuses and promotions to its users from time to time. However, the availability of these bonuses and the terms and conditions associated with them vary depending on the user's country of residence and the regulations governing online trading in that country.

In general, bonuses and promotions offered by Plus500.com may include welcome bonuses for new users, deposit bonuses, or trading bonuses. These bonuses may require users to meet certain conditions, such as a minimum deposit amount or a minimum trading volume, before they can be claimed or withdrawn.

It is important to note that bonuses and promotions should not be the primary factor when choosing a trading platform. Users should always carefully review the terms and conditions associated with any bonus or promotion before accepting it, and should focus on the overall quality and reliability of the platform when making their decision.

Education

Review of the Plus500 Education Program

Plus500.com offers an education program for its users, which is designed to help traders improve their knowledge and skills in trading. The education program is available for free and can be accessed by all users, regardless of their account type.

Educational tools:

Webinars – online seminars or workshops that are conducted over the internet, typically in real-time, and involve audio, video, and interactive features.
Video tutorials – pre-recorded videos that teach users about various topics related to trading, such as how to use a particular trading platform or how to analyze market trends.
E-books – digital books that cover various topics related to trading, including technical analysis, fundamental analysis, and risk management.
Courses – structured educational programs that provide in-depth training on specific topics related to trading, such as forex trading or stock trading.
Trading simulators – software programs that simulate real-world trading scenarios, allowing users to practice trading strategies without risking real money.
Trading signals – alerts or notifications that inform traders about potential trading opportunities based on technical or fundamental analysis.


Online Courses:

Plus500 Trading Course: This is a comprehensive course that covers various aspects of trading, including technical analysis, fundamental analysis, risk management, and trading psychology. The course is suitable for traders of all levels and is available in multiple languages.
Cryptocurrency Trading Course: This course is specifically designed for those who want to learn about trading cryptocurrencies. It covers topics such as understanding blockchain technology, trading cryptocurrencies on Plus500, and risk management strategies.
Trading Strategies Course: This course is focused on providing traders with different trading strategies that they can use to maximize their profits. It covers a wide range of strategies, including swing trading, day trading, and scalping. The course is suitable for both novice and experienced traders.

Best Online Trading Courses

Investors Underground

Investors Underground Review

udemy

Udemy.com Review

Bullish Bears

Bullish Bears Review

Show all trading schools β†’

latest posts

FAQ

Frequently asked questions

What are the benefits for traders to work with tradershero.com?

We pay additional bonuses to traders who cooperate with forex brokers or crypto exchanges through our personal account

How to become a member of the tradershero.com?

You need sign up on our website. The process of registration will only take about 1 minute of your time. Once registered, you will have the chance to select a trustworthy forex broker or cryptocurrency exchange, create an account, and start getting additional payments

How can I get payments?

To receive payments, just open a new account at a Forex broker or cryptocurrency exchange, using the referral link in the personal cabinet of our website

Can I write my own review of the company?

Of course! Our website only publishes substantive user reviews and restricts multiple reviews from the same IP address. To write a review, register, select a company, and share your experience and opinion.

Rating and Comments

Plus500 Users Reviews 2024

7.1 Total Score
21 reviews
Rating Overview

Based on all reviews

6Expert Score
Investment instruments
6
Deposits and withdrawals
6
Customer service
6
Trading platform
6
8.1User's score
Investment instruments
8.2
Deposits and withdrawals
7.6
Customer service
7.9
Trading platform
8.8
Add your review  |  Read reviews and comments

Authors:

Roman_Mukhin

Roman Mukhin
Financial expert, analyst and author

Jane Emberg

Jane Emberg
Financial analyst and editor

Best Forex BrokersOverall Ranking
3 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. 4.75
    Investment instruments
    100
    Deposits and withdrawals
    100
    Customer service
    80
    Trading platform
    100

    I am very impressed with the platform. The user interface is intuitive and easy to navigate, and I find the trading fees very reasonable. I also appreciate the wide range of markets available for trading, including forex, indices and commodities. Overall, I had a great experience with Plus500 and would definitely recommend it to other traders.

    Helpful(0) Unhelpful(0)You have already voted this
  2. 3.5
    Investment instruments
    80
    Deposits and withdrawals
    60
    Customer service
    70
    Trading platform
    70

    While I appreciate the easy to use platform and the wide range of markets available, I had some issues with customer service. Sometimes I found it difficult to contact them and response times can be slow. I also found that the spreads were a little wider than I would have liked, which could affect my profitability as a trader.

    Helpful(0) Unhelpful(0)You have already voted this
  3. 1.85
    Investment instruments
    30
    Deposits and withdrawals
    50
    Customer service
    20
    Trading platform
    50

    The platform was difficult to use and not at all intuitive. I also found that the trading fees were very high, making it difficult to profit. When I tried to contact support for help, I was faced with long waits and unhelpful responses. Overall, I would not recommend Plus500 to anyone.

    Helpful(0) Unhelpful(0)You have already voted this

Leave a reply

tradershero.com

Follow us​

info@tradershero.com

Risk disclosure:
The TradersHero.com website offers information for educational purposes only and is not a recommendation or invitation for visitors to invest their money. We would also like to caution that Forex and CFD trading is inherently risky: according to statistics, most clients lose their investment, and only a small percentage of traders make a profit (10-30%).
It is important to invest only the money that you are ready and able to lose at such high risks. Please note that we do not offer any financial services, including investments or financial advice. In addition, we are not a broker and do not receive compensation for trading in the Forex or CFD markets. Our website exclusively provides information about brokers and markets, helping users make informed decisions by providing detailed information and unbiased analysis of brokers.

Disclaimer:
Warning! Trading Forex, CFDs and cryptocurrencies involves high risk and is not suitable for everyone. Our website provides information about brokers and markets to help users choose the best brokerage. TradersHero.com is not responsible for the trading decisions made by clients or any loss of capital resulting from the use of the website. Any payments to users of the website are solely an incentive for activity on the website and cannot be considered in relation to the services provided by brokers. The site does not verify the accuracy and validity of user comments and reviews, and all references to companies and brands are made in the context of publicly significant information. The ratings and figures on the website are the subjective opinions of the authors and should not be construed as accurate statements or be the subject of disputes or claims against TradersHero.com.

2024Β© tradershero.com All right reserved.

TradersHero.com
Logo