Plus500 Review 2026
Pros
- +User-friendly platform design
- +Commission-free trading
- +Wide range of CFD markets
- +Multiple regulatory licenses
- +Guaranteed stop-loss orders available
Cons
- βProprietary platform only - no MT4/MT5
- βLimited educational resources
- βBasic research tools
- βNo social or copy trading
Overview
Plus500 is a publicly traded CFD broker listed on the London Stock Exchange. Founded in 2008, the platform has grown to serve millions of customers worldwide with its simple, commission-free trading model.
The broker focuses on simplicity and accessibility, making it popular among casual traders.
Regulation & Safety
Plus500 operates under multiple top-tier regulators:
- FCA (UK) - Financial Conduct Authority
- CySEC (Cyprus) - Cyprus Securities and Exchange Commission
- ASIC (Australia) - Australian Securities and Investments Commission
- MAS (Singapore) - Monetary Authority of Singapore
As a publicly listed company (LSE: PLUS), Plus500 maintains high transparency standards.
Trading Platform
Plus500 offers a proprietary platform only:
WebTrader
- Clean, modern interface
- Quick trade execution
- Real-time charts
- Price alerts
Mobile App
- Full trading functionality
- Push notifications
- Biometric login
- Available on iOS and Android
Key Features
- Guaranteed Stop-Loss - Pay premium for guaranteed execution
- Trailing Stop - Automatic profit protection
- Free Demo Account - Unlimited practice
Fees & Spreads
Spread Comparison
| Market | Typical Spread |
|---|---|
| EUR/USD | 0.8 pips |
| GBP/USD | 1.5 pips |
| Gold | 0.42 points |
| Apple | 0.06% |
| Bitcoin | 1% |
Fee Structure
- Commissions: None
- Deposit fees: None
- Withdrawal fees: None
- Inactivity fee: $10/month after 3 months
- Overnight funding: Standard rates apply
Product Range
Plus500 offers CFDs on:
- Forex - 60+ currency pairs
- Indices - Major global indices
- Stocks - 2,000+ shares
- Commodities - Gold, oil, gas, agriculture
- Cryptocurrencies - Bitcoin, Ethereum, and more
- ETFs - Popular ETF CFDs
- Options - Index and stock options
Customer Support
Support available via:
- Live chat (24/7)
Note: Phone support is limited.
Verdict
Plus500 is best suited for casual traders who prioritize simplicity over advanced features. The commission-free model and user-friendly platform make it accessible, but serious traders may find it lacking.
The absence of MT4/MT5 and limited research tools are significant drawbacks for experienced traders.
Best For:
- Beginners and casual traders
- Those wanting simple commission-free trading
- Mobile-first traders
- Traders seeking guaranteed stops
Not Ideal For:
- Advanced technical traders
- Those requiring MT4/MT5
- Traders needing in-depth research
- Scalpers and high-frequency traders
Risk Warning: 82% of retail investor accounts lose money when trading CFDs with Plus500. You should consider whether you can afford to take the high risk of losing your money.
Disclosure: This review may contain affiliate links. Commissions never influence our ratings β see our Editorial Standards. Trading CFDs involves substantial risk of loss.