Plus500 has been in the business since 2008 making them an established broker with a solid reputation. They are headquartered in Israel and regulated by trusted financial authorities. They are considered to be a top tier CFD service provider offering a proprietary trading platform which is highly advanced and sophisticated.
They offer plenty of platforms so you can trade almost anytime and anywhere. They offer the following choices: Windows Trader, WebTrader, Windows 10, iPhone/iPad/Apple Watch App, Android App and Windows Phone App.
*Illustrative prices only
Friendly for traders
All the information can be found on one screen with the top tabs giving information on current and past trades. Not only that, the platform also allows users to trade in multiple markets from the same screen.
Min account size
Only a minimum deposit of $100 is required to start trading. It may not be the lowest in the market but with the huge trading opportunities, you will surely be able to use your capital to good use.
Min Lot size
The minimum lot sizes are dynamic and depends on the selected instrument but in general it is in line with other forex brokers.
# Of Tradable Assets
This CFD service provider offers a portfolio of over 2000 instruments giving you plenty of markets to choose from.
*Illustrative prices only
Spread on EUR/USD
What’s great about his broker is that they offer dynamic spreads on several instruments. The typical spread on the EUR/USD pair is 2 pips.
You can fund your account by using the most common payment methods like credit cards, WireTransfer, Paypal and Skrill.
Reputation Among Traders
Plus500 has an excellent reputation among traders in Scandinavia. Plus500 Ltd is listed on the Main Market of the London Stock Exchange.
The platform is highly stable and is capable of providing real time quotes for all of its products.
An unlimited practice account can be accessed for free and you can easily switch to demo mode with just a mouse click.
Plus500UK Ltd authorized & regulated by the FCA (#509909).
Plus500CY Ltd authorized & regulated by CySEC (#250/14).
Plus500SG Pte Ltd, licensed by the MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018).
Plus500AU Pty Ltd (ACN 153301681), licensed by:
ASIC in Australia, AFSL #417727, FMA in New Zealand, FSP #486026; Authorised Financial Services Provider in South Africa, FSP #47546. You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.
Customer support can be contacted via email or fax but they are quick to answer and professional in their advice.
Plus500 has clearly cemented itself as one of the top CFD providers in the market today with its stellar reputation, advanced platform with favorable trading conditions and a diversity of instruments and a great customer support. Trading with this well-established broker is highly recommended.
The total score that they received based on our objective scoring system is 96/100.
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80.6% 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.