Plus500 review: any good for trading? 2025

Plus500 review: any good for trading? 2025

The $100 minimum deposit at Plus500 is an attractive feature for new traders and those looking to trade with smaller amounts of capital. The availability of a Demo Account further increases accessibility, providing beginners with the opportunity to practice and learn without risking real money. Plus500 offers CFDs on over 2,000 financial instruments, including forex, stocks, indices, commodities, ETFs, and cryptocurrencies. Using a demo account is a great way for beginners to familiarize themselves with the platform and learn how to trade, while more experienced traders can use it to test strategies without any financial risk. Our thorough review of Plus500 reveals it as a standout option for forex and CFD traders, especially due to its competitive spread costs and robust platform offering. Based on our findings, we highly recommend it for those looking to diversify their trading strategies in a secure and user-friendly environment.

Deposit Options And Fees

He has a Masters and Commerce degree and has an active role in the fintech community. The customer service team is available in 30 languages and has a local office in Sydney, ensuring efficient issue resolution. Plus500 has a trust score of 78 out of 100, making it a safe broker to trade with. To find out more, you can read our in-depth review of Plus500 fees. Their spreads tend to be wider than the average broker as shown below. Finally, Plus500 also protects users from having negative balances through its margin call feature.

• That said, while Plus500’s selection covers the most prominent and widely followed indices, it may be considered limited compared to other platforms.
• But for traders who are looking for a broader array of metals, including lesser-traded and more specialized commodities like palladium, aluminum, or zinc, Plus500 will not meet the expectations.
• However, we would like to underscore that Plus500 operates within the framework of market integrity and cannot alter, manipulate, or influence market behaviour.
• Yes, Plus500 is a legitimate online trading platform and is regulated by several financial authorities, ensuring safety and compliance for its users.
• Plus500 offers CFDs, share dealing, and futures trading across a variety of global financial markets.
• When you trade an ETF, you are effectively buying or selling a part of all the investments within the ETF, saving a lot of time and money (in fees).

Mobile Trading

I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. However, as with any trading platform, it’s crucial to do your own research, understand the risks involved, and trade responsibly. Plus500 tries to ensure accessible customer support around the clock through live chat, WhatsApp, and email services. Certain markets on Plus500 offer guaranteed stops, but they involve a wider spread and cannot be applied to trades that have already been opened. The broker offers commission-free trading with floating spreads that vary depending on market conditions. I recommend that all traders approach leveraged trading (including options) with caution – it can amplify both profits and losses.

This review found that the Plus500 trading platform is one of the best proprietary platforms in the industry. Its offering is vast and includes the most popular markets and a large number of trading instruments via CFDs. Due to the wide range of trading assets available through this CFD provider, it is recommended for traders seeking access to various markets as opposed to one specific trading platform. When it comes to safety and security, Plus500™ prioritizes the protection of its users’ funds and personal data. The platform operates under strict regulatory oversight, with client funds held in segregated trust accounts to ensure transparency and security.

Web Platform (Proprietary)

• Plus500 doesn’t offer any of the special features that are typically available at other online CFD brokers.
• Plus500 is rated as ‘Great’ on independent review site Trustpilot, scoring 4.0 out of 5.0 from over 14,000 reviews.
• As Plus500 only offers CFDs and not investment, it doesn’t provide tax-advantaged accounts such as ISAs or SIPPs.
• The Plus500 app, however, provides all the same chart styles, time intervals, drawing tools, and 110 indicators that you’ll find on the web platform.
• Moreover, it doesn’t give its users access to third-party publications from reputable entities such as Morningstar, or the Wall Street Journal, which is the case with some other brokers.
• Diverse indices representing different markets and sectors, including the S&P 500 and FTSE 100, are available for speculation.
• (STP stands for straight-through processing, and ECN stands for electronic communications network).

The platform’s intuitive interface, advanced tools, and educational resources are designed to provide both beginners and experienced traders with an efficient trading experience. Plus500 has been in operation for over a decade and serves millions of customers worldwide. The broker keeps client funds in segregated accounts, meaning your money is kept separate from the company’s operational funds, offering added protection. Additionally, negative balance protection is available for retail clients, ensuring you cannot lose more than the amount in your account. The app provides all the same features as the web platform, including access to thousands of CFDs, real-time price charts, and advanced trading tools. The Plus500 mobile app, available for mobiles and tablets on both Android and iOS (iPhone and iPad), replicates the WebTrader platform’s functionality, ensuring a smooth transition across devices.

In addition to the CFD and Shares offers, traders can trade Futures on Crypto, Agriculture, Metals, Forex, Interest rates, Energy and Equity index via the US-available platform Plus500Futures. The demo account does not require you to fund your account with real money as all tradable assets are virtual and you will trade with zero risks. That’s why these options are also known as paper trading accounts.

Plus500 Review 2025

There are tools for sketching support and resistance levels, graphing Fibonacci retracements, and much more. Plus500 provides several educational materials for beginners as well as advanced traders. As soon as you launch the Plus500 web trading platform, you will notice that the people who designed it were going for simplicity rather than aesthetics. It is not convoluted, provides the most important information on the home screen, and navigating is easy from the first try.

Weigh these aspects against your trading goals and conduct thorough comparisons with other platforms to find the best match for your investment needs. The platform does not charge any inactivity fees, data fees, platform fees, or routing fees. Additionally, Plus500 users don’t get charged for deposits and withdrawals.

Plus500 Fees, Commissions and Account Minimums

The WebTrader platform has an economic calendar and corporate events calendar. Conveniently, Plus500 built the economic calendar into the platform rather than being only on the website. The calendar also has unique features, for plus500 review example showing a list of the trading instruments related to each economic release. This platform provides access to trading in popular global shares and includes the same advanced tools that are provided on the CFD platform. While the UX is outstanding, the platform does not offer automated trading and backtesting.

Plus500 users are now able to self-adjust their Demo account balance. This new feature allows users to personalize their trading experience while using the Plus500 demo and better reflect their target volume of investments. I’ve been trading CFDs at Plus500 and have had a mostly good experience. I enjoy the look and feel of the platform while the live analysis from +Insights is excellent.

Plus500 can be a good choice for retail futures traders, particularly beginners who value simplicity and access to the most commonly traded markets. It is a safe platform, with a transparent fee structure and relatively affordable trading fees. The standout features for us are its free demo account and risk management tools. Investopedia is dedicated to providing investors with unbiased, comprehensive reviews and ratings of online brokers.