Plus500 – Forex Broker Rating and Review 2021

Trading software Plus500 in-house platform
Headquartered Plus500UK Ltd, 78 Cornhill | London EC3V 3QQ

Plus500 is a leading provider of Contracts for Difference (CFDs), delivering trading facilities on shares, forex, commodities, Cryptocurrencies, ETFs, options and indices through its cutting-edge proprietary trading platform.

The Trading Platform enables clients to trade movements of over 2000 instruments without having to buy or sell the underlying instrument.

The desktop trading platform is a web-based or downloadable client application, the web-based requires no software download or installation hence making it very accessible from most of the countries in the world.

Plus500 ("the Company") is rapidly growing and its brand is owned and managed by Plus500 Ltd, a public Plus500 Ltd is listed on the Main Market of the London Stock Exchange with a market cap of over 2B GBP.  

Plus500 mission- "Being the no.1 global CFD provider while continuing to lead in technology and innovation, and attracting new and existing customers."

Plus500 trading information

Address Plus500UK Ltd, 78 Cornhill | London EC3V 3QQ
Headquarters Israel
Free phone online chat
24 hour support
Partnership programs
Mobile trading
Demo account
24 hour trading
Digits after the dot in quotes depends on the instrument type
Minimum position size depends on the instrument type
Pip spread on majors depends on the instrument type
Spread Type fixed and dynamic, depends on the instrument type
Maximum Leverage 30
ECN, $
STP, $
Standard account, $ 100
Mini account, $ 10
Popular payment methods Credit Card, Skrill, PayPal, Wire Transfer
Account currencies Most of the currencies are being supported
Available assets Trade over 2000 CFDs instruments on Shares, Indices, Forex, Cryptos and Commodities
Languages platform is offered in 32 languages. Support is offers in 12 different languages
Platforms Plus500 in-house platform
Broker type Broker
Foundation 2008

Not recommended. very high spread and seems manipulated at time.

Githz   23 May, 2020  

I would thoroughly discourage anyone using this platform. They are an OTC broker, so no third party, your contract is purely with them, and they admit they "set their own market rates, based on third party sources". I had 2 but trades, that on all reputable markets went up, plus500 claimed the markets went down (actually dropped violently 1 minute after I bought it), and their app seems to lag or freeze so you can't be exit before a margin call. You've been warned

Mark Tildsley   26 April, 2020  

Plus500 are regulated but don't be fooled by that. Plus500 will freeze their platform and this stops traders from being able to manage their trades. They do this if a price suddenly goes up or down. They manipulate their platform for their own gains and the loss of their traders. This is just one example of their underhand platform manipulation. They have been accused of this before and they cannot give a clear reason for it. And the reason for that is, they know they're in the wrong. Stay away from them and if you have lost your money through their underhand practices report them to your countries regulator.

Jay   24 April, 2020  

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