Plus500 Review 2025 | Is Plus500 a Scam or Legit Forex Broker?

Plus500 Review and Analysis

Overview

Plus500 is an LSE listed online CFD brokerage firm that offers multiple trading instruments across commodities, currencies, cryptos, indices and shares on CFD’s, with multiple regulations and competitive charges.

Investor Protection & Regulations

Plus500 has multiple regulations from different countries. These regulatory bodies impose stringent rules to ensure that investor funds are adequately protected. Regulation includes FCA, ASIC, CySEC and MAS

Tradeable Products

Over 2,500 trading instruments are available for trading on the Plus500 trading platforms across currencies, stocks, ETF’s, indices, commodities and cryptocurrencies

Fees and Commissions

Tight spreads and no trading commissions.

Trading Platform

Trade with Plus500’s own simple and intuitive proprietary user interface. The platform comes in 32 languages and is available as WebTrader, Windows 10 version and as an Android, iPhone or iPad app.Plus500 offers its unique trading platform on mobile phones. The platform is available on Android, iOS and Windows phone. You can trade on the go, access push notification and manage your account

Account Types

Choose from 2 real account types on Plus500. Standard account minimum deposit is $100 and maximum leverage Is 1:30 with variable spreads and no commissions. Pro account leverage goes up to 1:300 and 10 transactions must have been performed per quarter over the course of one year to apply.

Deposit and withdrawal

Plus500 offers swift and secure channels for deposits and withdrawals including debit/credit cards, bank transfer and e-wallets which include Paypal and Skrill. Conversion fees are passed on to the trader and there are some charges for withdrawals

Usability

Plus500 simple platform provides a good experience for users. A huge selection of assets to trade, the platform comes with risk management tools and trading alerts are sent to the smartphone and by email

Customer Support

Dedicated and Multilingual Customer Support available 24/7 through Live Chat, Contact form and a variety of social channels. Customer support is helpful and fast to respond.

Education and Research

Plus500 provides no form of Trader Education to clients. There are very few research tools on Plus500 apart from price alert notifications and an economic calendar.

Overall Conclusion – Final Thoughts

Plus500 has been in the brokerage business for a decade. The trading platforms are simple, user-friendly, fast and secure. No educational materials are available, which is a huge minus.