Plus500

Plus500 is a regulated CFD broker offering commission-free trading on forex, stocks, indices, commodities, and crypto via a simple proprietary platform.

★★★★☆ 3.8/5
forexstocksindicescommoditiescryptoetfsoptions

Quick Facts

Starting Price
Free
Free Tier
Yes
Founded
2008
Company
Plus500 Ltd

Plus500 Overview

Plus500 is a globally regulated online trading broker specializing in Contracts for Difference (CFDs) across a wide range of asset classes including forex, stocks, indices, commodities, cryptocurrencies, and ETFs. Founded in 2008 and listed on the London Stock Exchange since 2013, Plus500 has grown into one of the most recognizable retail CFD brokers worldwide, serving clients in over 50 countries.

The platform is designed with simplicity at its core, making it particularly accessible to beginner and intermediate traders. The proprietary web and mobile platforms offer a clean, uncluttered interface with essential charting tools, real-time price alerts, economic calendars, and built-in risk management features such as guaranteed stop-loss orders and trailing stops. Unlike many competitors, Plus500 does not support MetaTrader 4 or 5, keeping traders within its own ecosystem.

Plus500 charges no commissions on trades, instead generating revenue through spreads, overnight funding fees, and currency conversion charges. A free unlimited demo account is available for traders to practice without risking real capital. Minimum deposit requirements start at $100 for most account types. The broker is regulated by multiple authorities including the FCA (UK), ASIC (Australia), CySEC (Cyprus), and MAS (Singapore), providing a strong layer of regulatory oversight.

While Plus500 excels in simplicity and mobile trading, it falls short for advanced traders due to limited charting capabilities, no support for automated trading or custom indicators, and the absence of social or copy-trading features. It is best suited for traders who want straightforward CFD access with solid regulation and a clean mobile-first experience.

Plus500 Pricing

Demo Account

Free
  • Unlimited virtual funds practice
  • Full platform access
  • Real-time market data
  • No time limit
Most Popular

Live Account

Free
  • Commission-free trading
  • Minimum deposit $100
  • Guaranteed stop-loss orders
  • Trailing stop orders
  • Price alerts
  • Mobile and web platform
  • Negative balance protection

Professional Account

Free
  • Higher leverage (up to 1:300)
  • Reduced margin requirements
  • Dedicated account manager
  • Eligibility requires meeting regulatory criteria

Features

AI Analysis
Backtesting
Paper Trading
Price Alerts
Mobile App
API Access
Social Features
Broker Integration
Custom Indicators
Automated Trading
Trade Journaling
Performance Analytics
Risk Management
News Feed
Education Content

Pros & Cons

Pros

  • + Regulated by multiple top-tier authorities (FCA, ASIC, CySEC, MAS)
  • + Commission-free trading with no platform subscription fees
  • + Excellent mobile app consistently rated highly in app stores
  • + Guaranteed stop-loss orders available for controlled risk management
  • + Unlimited demo account for risk-free practice

Cons

  • - No support for MetaTrader 4/5 or third-party platforms
  • - Limited charting tools and no custom indicators
  • - No automated or algorithmic trading capabilities
  • - Inactivity fee charged after 3 months of no trading

Rating Breakdown

3.8
★★★★☆

Overall Rating

ease of use
4.5
features
3.2
value
4.0
support
3.7
reliability
4.2

Key Takeaways

  • Regulated by multiple top-tier authorities (FCA, ASIC, CySEC, MAS)
  • Commission-free trading with no platform subscription fees
  • Excellent mobile app consistently rated highly in app stores
  • Guaranteed stop-loss orders available for controlled risk management
  • Unlimited demo account for risk-free practice
  • Rated 3.8/5 — best for beginner traders, mobile-first traders, CFD trading, simple forex trading
  • $ Free tier available

Summary

Plus500 is a regulated CFD broker offering commission-free trading on forex, stocks, indices, commodities, and crypto via a simple proprietary platform. Plus500 offers a free tier. Best suited for beginner traders, mobile-first traders, CFD trading, and simple forex trading.

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