Broker Review

Plus500 Review: Is Their Free Lifelong Demo Account the Best Thing About Them?

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Risk Warning: Your Capital is at Risk.

Plus500 is a leading provider of Contracts for Difference (CFDs) whose free lifelong demo account is a good starting point to gain confidence before trading with real money.

Since it was founded in 2008, Plus500 has grown to be the *number one CFD broker in the UK. Traders have the peace of mind that their subsidiaries are authorized and regulated by the top financial regulators.

CFDs appeal to traders because they allow them to speculate on price movements without selling or buying the underlying asset.

Plus500’s trading platforms give account holders access to CFD trading with more than 2,000 instruments. Their highly-rated iOS, Android, and Windows Apps make mobile trading possible from anywhere in the world.

This Plus500 review covers everything you want to know about this broker and what is required to open an account. We also discuss the broker’s major advantages and disadvantages.

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Why Choose Plus500?

The GoodThe Bad

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Trustworthy broker - Plus500 scored 90/100 in our *broker trust rating
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No integration with MetaTrader 4 or 5
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Free lifelong demo account
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Customer support limited to email, WhatsApp, and online chat
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Easy-to-use mobile-friendly trading platform
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$10 monthly inactivity fee if you don't log in for 3 months
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2,000+ CFDs to trade in 7 asset classes
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Limited technical analysis and automation features
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Withdrawals can take up to 7 days to be processed

Our proprietary trust score is calculated based on regulation, structure, client fund handling, risk management, and length of operation. We revisit our assessments in order to notify our readers in the event action is taken against these brokers by regulatory agencies.

What Can I Trade With Plus500?

Plus500 offer their clients access to CFD trading in seven categories of financial instruments.

Their most popular instruments include oil, gold, GBP/USD, Bitcoin, and a variety of other commodities, crypto, indices, forex, options, and ETFs. Complete lists below:


Index CFDs are available to cover stock market indices around the world, including the USA 500, ASX 200, NASDAQ 100, UK 100, and France 40, with leverage.

All index CFDs

SymbolName and Description
UK100  UK100 - 100 most highly capitalized UK companies - London Stock Exchange
YM  USA 30 - Dow Jones Industrial Average Industrial Average
FDAX  Germany 30 - 30 major German companies - Frankfurt Stock Exchange.
IBX  Spain 35 - 35 biggest companies in Spain 
NQ  US-TECH 100 - 100 of the largest non-financial companies listed on the NASDAQ stock exchange
HSI  Hong Kong 50 - Hang Seng Index
NIY  Japan 225 - The Nikkei 225 is a stock market index for the Tokyo Stock Exchange (TSE)
FCE  France 40 - 40 most significant values on the Euronext Paris 
ES  USA 500 - 500 American stocks with the largest market capitalizations
FIBi  Italy 40 - 40 most-traded stock classes on the Borsa Italiana
ATX  Austria 20 - 20 companies traded at the Austrian Stock Exchange
OBX  Norway 25 -  25 most liquid companies on the main index of the Oslo Stock Exchange
TF  USA 2000 - top 2000 small-cap U.S. companies.
WIG20  Poland 20 - 20 largest companies on the Warsaw Stock Exchange
FT  Netherlands 25 - 25 of the most actively traded securities in Netherlands
FESX  Europe 50 - blue-chip representation of leaders in the Eurozone
BUX  Hungary 12 - 12 most-traded stock classes on the Budapest Stock Exchange
SPI200  ASX 200 - 200 of the largest and most liquid Australian companies traded on the Australian Stock Exchange
FTASE  Greece 20 - 20 largest companies on the Athens Stock Exchange.
F2MX  Germany MCap - 50 Prime Standard shares from sectors excluding technology
OMXS30  Sweden 30 - 30 largest capitalized shares at NASDAQ OMX 
FSM  Swiss 20 - 20 largest and most liquid mid-cap stocks in the Swiss equity stocks
OMXC20CAP  Denmark 20 - Top-tier stock market index for the Copenhagen Stock Exchange


More than 20 commodities CFDs are available for trading at Plus500, include oil, Brent oil, heating oil, low sulfur gasoil, palladium and coffee.

List of major commodities CFDs

CL  Oil
XAU  Gold
NG  Natural Gas
EB  Brent OBrent Oilil
XAG  Silver
SB  Sugar
RB  Gasoline
CT  Cotton
HO  Heating Oil
PL  Platinum
HG  Copper
KC  Coffee
ZW  Wheat
PA  Palladium
ZC  Corn
HELean Hogs
ZS  Soybeans
GLow Sulphur Gasoil

GFFeeder Cattle
LELive Cattle


Plus500’s Forex CFDs cover all the major currency pairs including EUR/USD, GBP/USD and EUR/GBP.

List of forex CFDs

DX  U.S. Dollar Index


It’s possible to trade the most popular cryptocurrency CFDs on the Plus500 platform.

Full list of cryptocurrencies

  1. Bitcoin
  2. Ethereum / Bitcoin
  3. Ethereum
  4. NEO
  5. Monero
  6. Ripple XRP
  7. Litecoin
  8. IOTA
  9. Crypto 10 Index
  10. Stellar
  11. Bitcoin Cash ABC
  12. Tron
  13. Cardano
  14. EOS


Plus500 lets you trade CFDs of popular shares from the UK, USA, Germany, and more.

15 popular shares CFDs


Plus500 offers options CFDs on the following stocks and indices.

List of options CFDs

Germany 30
France 40
UK 100
Netherlands 25
USA 500
Italy 40
Deutsche Bank
Europe 50
Natural gas


Plus500 offers CFD trading with leverage on the prices of over 90 Exchange Traded Funds (ETFs).

See all ETF CFDs

SLV  iShares Silver
USO  USO-Oil Fund
UNG  UNG-Gas Fund
OIH  OIH-Oil Service
DBC  Commodity Index Fund
VXX  VXX Volatility (ETF)
ISF-L  iShares UK 100
IAEX.AS  iShares AEX
EWJ  iShares Japan
EWY  iShares Korea
IWM  iShares R2000
EXW1.DE  iShares EU50
EEM  iShares EEM
EXS1.DE  iShares DAX
FXI  iShares China

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Which Countries Does Plus500 Accept Clients From?

Plus500 is available in 50+ countries and in more than 30 languages.

IMPORTANT: CFDs are not available in the USA due to local regulation, and regulated brokers do not accept US citizens or US residents as clients.

Countries Plus500 operates in

  1. Andorra
  2. Argentina
  3. Asia/Pacific Region
  4. Australia
  5. Austria
  6. Bahrain
  7. Bulgaria
  8. Chile
  9. Colombia
  10. Costa Rica
  11. Croatia
  12. Cyprus
  13. Czech Republic
  14. Denmark
  15. Estonia
  16. Finland
  17. France
  18. France Metropolitan
  19. French Guiana
  20. Germany
  21. Gibraltar
  22. Greece
  23. Guadeloupe
  24. Hong Kong
  25. Hungary
  26. Iceland
  27. Ireland
  28. Isle of Man
  29. Israel
  30. Italy
  31. Kuwait
  32. Latvia
  33. Liechtenstein
  34. Lithuania
  35. Luxembourg
  36. Macau
  37. Malaysia
  38. Malta
  39. Martinique
  40. Mexico
  41. Monaco
  42. Netherlands
  43. New Zealand
  44. Norway
  45. Oman
  46. Panama
  47. Poland
  48. Portugal
  49. Qatar
  50. Reunion
  51. Romania
  52. Saudi Arabia
  53. Seychelles
  54. Singapore
  55. Slovakia
  56. Slovenia
  57. South Africa
  58. South Korea
  59. Spain
  60. Sweden
  61. Switzerland
  62. Taiwan
  63. United Kingdom
  64. Uruguay

Countries that are restricted from trading with Plus500

  1. USA
  2. Canada
  3. Cuba
  4. Iran
  5. North Korea
  6. Sudan
  7. Syria

See all the languages supported by Plus500

  1. English
  2. Arabic
  3. Bulgarian
  4. Croatian
  5. Czech
  6. Danish
  7. Dutch
  8. Estonian
  9. Finnish
  10. French
  11. German
  12. Greek
  13. Hebrew
  14. Hungarian
  15. Icelandic
  16. Indonesian
  17. Italian
  18. Japanese
  19. Korean
  20. Latvian
  21. Lithuanian
  22. Malay
  23. Maltese
  24. Norwegian
  25. Polish
  26. Portuguese
  27. Romanian
  28. Russian
  29. Serbian
  30. Simplified Chinese
  31. Slovak
  32. Slovenian
  33. Spanish
  34. Swedish
  35. Traditional Chinese
  36. Turkish

It’s worth remembering that although the trading platform is available in over 30 languages, customer support is offered in Arabic, Chinese, Czech, Danish, Dutch, English, French, German, Hebrew, Norwegian, Italian, Polish, Slovak, and Spanish.

Plus500 Fees and Charges

Plus500 receives its compensation primarily through the market bid/ask spread. Since spreads are dynamic, traders should consult the Plus500 website for current spreads.

plus500 spreads
This screenshot is only an illustration. Current market prices can be found on the broker website.

In addition to the spread, customers will incur the following Plus500 fees:

Overnight Funding: When a position remains open after a certain time, an overnight fee is either added to or subtracted from a trader’s account.

The fee, which differs from instrument to instrument, is displayed in the “view full details” link next to the instrument’s name on the Plus500 instruments categories page.

Inactivity Fee: Plus500 charges traders a monthly $10 inactivity fee if they don’t use the platform for a period of three months.

This Plus500 fee only applies to real money accounts and only if the trader has sufficient funds in the account. Traders simply need to log in to their accounts periodically to avoid this fee.

Guaranteed Stop Order: Wider spreads apply for placing an order that guarantees a position closes at a specified price.

Currency Conversion Fee: Trades on instruments denominated in a currency that is different to the currency of the trader’s account, are subject to a currency conversion fee.

The fee can be up to 0.3% of the trade’s realized net profit and loss. It’s reflected in real time in an open position’s unrealized net profit and loss.

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Plus500 Account Types and Requirements

Plus500 offers three types of accounts:

  1. Demo account
  2. Retail account
  3. Professional account (available to elective professional clients only)

Plus500 offers different amounts of leverage depending on the CFD product and the type of account being used.

Each CFD trade also has specific Plus500 margin requirements that traders must maintain. Traders who fall below the Plus500 margin requirements will have their positions closed with no option to keep their positions open.

Plus500 Demo Account

Plus500 offers a free demo account with no time limit. Traders can open a demo account in minutes without the verification process required for the retail account.

The demo account not only allows traders to test ideas but also to familiarize themselves with the WebTrader platform in a risk-free environment.

Traders with a real money account can continue to use the demo account to test ideas with virtual funds.

They can easily and seamlessly switch back and forth between the demo and real money account by clicking the blue button at the bottom of the screen.

When traders first sign up for an account, they see the following screen:

Plus500 home screen
This screenshot is only an illustration. Current market prices can be found on the broker website.

Those who select the demo account will see the same layout that retail clients see. It also has all the securities available to real money traders. Plus500 replenishes funds in the demo account when traders fall below certain levels.

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Plus500 Retail Account

Opening a Plus500 real money account is simple. After selecting this option on the signup page, traders are taken to the registration page where they fill in some basic information and click the “Create Account” button.

Before you can place your first trade with real money, you’ll need to complete the Plus500 verification process.

Verification Process

To pass the Plus500 identity verification, you will need a government-issued form of identification, e.g. a passport, which contains the following information:

  1. Photo
  2. Identity number
  3. Full name
  4. Date of birth
  5. Date of expiry

To pass the Plus500 residential address verification, you will need to provide one of the following:

  • Bank statement
  • Credit card statement
  • Electricity bill
  • Water or gas bill
  • Council tax bill
  • Tax letter
  • Phone bill
  • Television services bill
  • Internet bill

To verify the source of your funds, i.e. to prove you are the legitimate owner of those funds, you may need to provide a scan of one of the following:

  • The front of your debit/credit card
  • A bank/credit card statement

Plus500 Professional Account

Plus500 offers a Professional Account to high-volume traders. This special premium account offers the following features:

  • Higher leverage on some instruments
  • The same negative balance protection offered with a retail account
  • Traders can revert back to a Retail Account at any time

Traders who opt for a Professional Account lose access to the Financial Ombudsman Service (FOS). The FOS is an independent organization that was established to resolve disputes between financial institutions and their customers.

Who Qualifies for a Professional Account?

Traders must request consideration from Plus500 for a Professional Account.

Plus500 will assess your knowledge of financial markets, and trading experience to determine if the account is right for you.

In addition, Plus500 must establish that you are capable of making your own trading decisions and understand the risks involved in those decisions.

Plus500 Professional Account
This screenshot is only an illustration. Current market prices can be found on the broker website.

To be granted a Professional Account, traders must meet at least two of the following criteria:

  1. Sufficient Trading Activity: This criteria requires an average of 10 transactions per quarter (of significant size) over the previous four quarters with Plus500 or another CFD broker.
  2. Portfolio Size: A financial instrument portfolio of at least €500,000 is required to fulfill this criteria. Both cash deposits and financial instruments are taken into account. Property portfolios, direct commodity ownership or notional values of leveraged instruments are not included.
  3. Relevant Work Experience: Work experience in the financial sector for at least one year in a position that requires knowledge of the related products and services (e.g., OTC derivatives such as leveraged CFDs, forex, or spread betting).

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How to Deposit and Withdraw Funds at Plus500


Plus500 clients can choose between three methods of depositing money. The minimum deposit varies according to the payment method, but starts at $100 (electronic wallet) and can go up to $500 (bank transfer).

The up-to-date amounts are displayed on the trading platform’s deposit screen.

The following payment methods are accepted, but are not available in all countries:

  1. Visa or MasterCard Debit/Credit cards
  2. Electronic wallets (PayPal, Skrill, iDeal, BPAY, Klarna, Giropay, Trustly)
  3. Bank transfer

Traders click on the Funds Management tab on the main screen and select “Deposit.” They then select the deposit method of their choice, fill in the required information, and click “Submit.”

Deposits by wire transfer may take up to five days for funds availability, while deposits through Visa and MasterCard are the fastest.


All account withdrawal requests are subject to a minimum withdrawal amount. Requests are generally processed by Plus500 within 1-3 business days.

  • The minimum withdrawal amount for PayPal and Skrill is $50 (or equivalent in your currency).
  • The minimum withdrawal amount for bank transfers and credit cards is $100 (or equivalent in your currency). 

Plus500’s policy is to only return funds to the same payment method from which they originated.

Withdrawal Methods and Times

Listed below are the withdrawal methods Plus500 offers. Please note that some of the methods may not be available in your country:

Electronic wallets – Funds should be received in your PayPal or Skrill account in 3-7 business days after withdrawal has been authorized.

Bank transfer – direct bank to bank funds transfer. The standard processing time is 5-7 business days from the date of authorization of the withdrawal.

Debit/Credit cards – funds should be received according to each issuer or bank’s refund processing time, which generally is no longer than 2 to 3 days. Traders can consult their bank or financial institution for estimated times.

Is Plus500 Safe to Use?

The nature of its business means that Plus500 handles client money and sensitive user data like credit card details and passwords.

The following security and risk management features are in place to help protect customers:

  • SSL – The Plus500 platform is protected by a Secure Socket Layer (SSL) which automatically transfers sensitive information to a secure environment.
  • 2-Factor Authentication – In addition to submitting a user name and password during login, Plus500 provides the option of 2-factor authentication to confirm user identity. The confirmation code, which is sent via email, app, or phone, expires after a few minutes.
  • Client Money Protection – Plus500 holds client deposits in segregated trust accounts which are administered according to regulatory requirements. This also offers protection in the event of Plus500 going into liquidation.
  • Risk Management FeaturesPlus500 provides several tools to help clients manage their risk. These include the Stop Limit/Stop Loss, Guaranteed Stop, and Trailing Stop tools.

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Plus500 Online Trading Platform Review

The Plus500 WebTrader is a well-designed platform that seems particularly suited to traders who want to navigate quickly between many different trading instruments.

Example Trade - Plus500
This screenshot is only an illustration. Current market prices can be found on the broker website.

Main Screen Layout

The WebTrader’s main screen is organized in a logical and intuitive structure that gives traders access to hundreds of different instruments without the need to pull up additional windows.

It also gives traders access to trade execution, pricing information, charting, positions, and fund and balance information.


On the very left side of the screen is the trade tab. Traders can click on each category and get a drop-down menu of items to trade.

These drop-down folders contain all of the products on the platform and eliminate the need for traders to use a search engine or navigate to another page to find trading instruments.

Traders can also set up a “favorites” or “most popular” section so they can quickly locate instruments to trade.

Clicking on an instrument creates the trade ticket shown above. The ticket offers a number of options that more advanced traders will find very appealing.

Traders can choose the size of the trade and can add provisions to lock in profits or stop losses. They can also add trailing stops to orders and calculate the leverage used and the margin required for trades.

Instruments Section

The top part of the screen allows the trader to populate a window with instruments they want to track or frequently trade. This section integrates the trader’s existing positions into the list.

For example, a trader can see his open positions and P&Ls. They can click “Close Position” to send a closing order.

Unlike many trading systems that separate open positions from watch lists, this feature is a nice time saver and an easy way to track open positions alongside other securities.

Close Position - Plus 500
This screenshot is only an illustration. Current market prices can be found on the broker website.

Open and Closed Positions

Traders can navigate to these tabs to keep track of their trading activity. The Plus500 platform allows the trader to search for activity by dates.

In the closed position tab, traders can see reasons positions were closed, time of opening and closing, and P&L.

Open Positions - Plus 500
This screenshot is only an illustration. Current market prices can be found on the broker website.


The charting functions offered by Plus500 are the most limiting and disappointing features of the platform.

Charting Tools - Plus 500
This screenshot is only an illustration. Current market prices can be found on the broker website.

The charts appear in the main window of the trading platform and graphically represent price movements for trading instruments.

The platform allows traders to apply various technical indicators to the charts. However, the number of indicators and time frames that Plus500 offers pales in comparison to other more sophisticated trading platforms such as MetaTrader4. Traders have access to only about a dozen time frames and indicators.

No integration with MetaTrader 4

The Plus500 platform does not support integration with MetaTrader 4 or with any type of algorithm for automated trading.

Analysis tools are limited and traders have no access to features such as an API feed and advanced charting.

Users can only pull up one chart at a time, which is a seriously limiting factor for active traders who want to compare multiple instruments or the same instrument using different charting tools.

The chart function may be useful for traders who want a general idea of price movements in a financial instrument, but would likely disappoint sophisticated traders who need robust charting capabilities.


The bottom section of the Plus500 main trading screen shows available funds, equity, and profits (or losses) for the account. From here, traders can easily navigate to the deposit page to add funds to the account.

Users can also toggle between their real money and their demo account easily to test practice ideas and, if successful, quickly implement them with live trades.

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Plus500 Mobile Apps for CFD Trading

In addition to accessing WebTrader on a PC, Plus500 clients can trade on the go no matter where they are by downloading the Plus500 apps for iOS, Android or Windows.

The mobile applications have the exact same functionality as the desktop platform. This includes price alerts and the ability to get real-time quotes on currency pairs and stocks.

Traders can also track their finances and link to their bank accounts from the mobile apps.

Plus500 Desktop vs Mobile Trading
This screenshot is only an illustration. Current market prices can be found on the broker website.

iPhone, iPad, Apple Watch Apps

  • The app is available from the App Store and requires iOS 8.0 or later
  • Compatible with iPhone, iPad and iPod touch
  • Languages supported are English, Arabic, Bulgarian, Croatian, Czech, Danish, Dutch, Estonian, Finnish, French, German, Greek, Hebrew, Hungarian, Icelandic, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malay, Maltese, Norwegian, Polish, Portuguese, Romanian, Russian, Serbian, Simplified Chinese, Slovak, Slovenian, Spanish, Swedish, Traditional Chinese, and Turkish

Android App

  • The app is available from Google Play
  • Multi-language 24/7 professional support

Windows Phone App

  • The app is available from the Microsoft store
  • Multi-language support
  • Minimum operating system requirements: Windows 10, Windows 8.1, Windows 10 Mobile, Windows Phone 8.1

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How Is Plus500 Regulated?

As a reliable, publicly-traded company that is regulated in multiple jurisdictions, Plus500 provides a secure way to trade CFDs.

Plus500 operates and/or are individually regulated by the following subsidiaries:

  • Plus500UKLtd is authorized and regulated by the Financial Conduct Authority (FCA) (FRN 509909)
  • Plus500CYLtd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC Licence No. 250/14)
  • Plus500SG Pte Ltd is licensed by the MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018).
  • Plus500AU Pty Ltd (ACN 153301681) is licensed by the Australian Securities and Investments Commission in Australia, AFSL #417727, FMA in New Zealand, FSP #486026; Authorised Financial Services Provider in South Africa, FSP #47546.
  • Plus500SEY Ltd is authorized and regulated by the Seychelles Financial Services Authority (Licence No. SD039).
  • Plus500IL Ltd is registered in Israel and licensed to operate a trading platform.

The table below shows which countries are covered under the FCA, CySEC, and ASIC, and what protection is offered.

RegulatorCountries CoveredProtection Offered
Financial Conduct Authority (FCA)UK, Ireland and GermanyAll client funds are held in a segregated client bank account
Cyprus Securities Exchange (CySEC)Andorra, Argentina, Austria, Bahrain, Belgium, Bulgaria, Chile, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Gibraltar, Greece, Hungary, Iceland, Isle of Man, Israel, Italy, Kuwait, Latvia, Liechenstein, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Monaco, The Netherlands, Norway, Oman, Poland, Portugal, Qatar, Romania, Saudi Arabia, Slovakia, Slovenia, Spain, South Africa, Sweden, Switzerland, United Arab Emirates and Uruguay.All client funds are held in a segregated client bank account
Australian Securities & Investments Commission (ASIC)Australia, New Zealand and South AfricaAll client funds are held in a segregated client bank account

Who Runs Plus500?

Plus500 was founded in Israel in 2008 by six alumni of The Technion – Israel Institute of Technology. One of the founders seeded the company with $400,000 of his own money.

In 2013, the company raised $75 million through an IPO on the AIM market of the London Stock Exchange. By 2014, it had a market cap of over $1 billion.

Plus500 on IPO day
Plus500 lists on the London Stock Exchange

This was followed by the listing of Plus500’s ordinary shares for trading on the main market for listed companies in 2018. In the same year, the company joined the UK FTSE 250 index of leading mid-cap listed companies.

The Plus500 board is currently made up of 7 directors.

Plus500 Executive Team

Interim Chief Executive OfficerDavid ZruiaMr. Zruia, who holds a B.Sc. in Industrial Engineering and Management from the Technion, Israel Institute of Technology, joined Plus500 as head of its affiliate programme in 2010. He was appointed Chief Operating Officer in 2013 and Interim CEO in 2020.
Independent Non-Executive Director and ChairmanPenelope JuddMs. Judd is a chartered accountant with over 30 years of experience in Compliance, Regulation, Corporate Finance and Audit.
Managing DirectorGal HaberMr. Haber holds a B.Sc. in Computer Science from the Technion, Israel. Before founding Plus500, Mr. Haber served as chief operating officer of InterLogic Ltd, a ‘skilled games’ programme provider for the internet, and mobile devices, which he co-founded in 2004.
Group Chief Financial OfficerElad Even-ChenMr. Even-Chen holds a B.A. in Accounting and Economics from Tel-Aviv University, an LL.B Degree from the College of Management and an MBA (specialising in Financial Management) from Tel-Aviv University.

Top Plus500 Takeaways

While understanding that CFDs are complex financial products, traders will see why the easy-to-use Plus500 WebTrader platform is the number one CFD broker in the UK.*

Clients have the possibility to trade CFDs with over 2,000 instruments worldwide.

Beginner traders who are not ready to risk real money can learn a lot by using the free demo account for as long as they want.

Plus500 provides 24/7 email and live chat support in 15 languages, although you’ll have to look elsewhere for customer support by phone (but they do support WhatsApp).

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Here’s a quick overview of some of the important Plus500 facts to remember.
Our Overall Rating
Asset ClassesCommodities,
Country AvailabilityAccepts clients from 60+ countries
RegulatorsFCA, ASIC, CySEC, MAS,FSA, FSA, and FMA (See full details)
Trading PlatformPlus500 WebTrader on mobile apps and desktop
Account TypesDemo, real money, and professional
FeesPlus500 is a no-commission broker, but other fees and charges (inactivity, overnight funding, currency conversion, guaranteed stop order) may apply
Minimum Deposit100 units of base currency (see deposits and withdrawals)


Here are some frequently asked questions from prospective and existing traders.

What is the minimum deposit for Plus500?

The minimum deposit to start trading CFDs with Plus500 is $100 if you’re depositing via credit/debit card or electronic wallet. When making a deposit through bank transfer, the minimum amount is $500.

Is Plus500 good for beginners?

CFD trading is not recommended for inexperienced traders. Plus500 offers a risk-free demo account where beginner traders can use virtual money to gain trading experience.

How do I withdraw money from Plus500?

Withdrawal requests are easy to make by following the instructions on the WebTrader platform. They are generally processed within 1-3 days although it may take longer to receive the funds based on the withdrawal method you choose. Withdrawals are also subject to a minimum amount.

Is Plus500 a good trading platform?

The Plus500 WebTrader platform is known for its ease of use, both for experienced traders with real money accounts as well as for beginners using a demo account.

Is Plus500 a good broker?

Plus500 is one of the top CFD brokers based on its reputation as a reliable and regulated CFD provider. The company is listed on the London Stock Exchange and regulated in multiple jurisdictions by different agencies.

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*By total number of relationships with UK CFD traders. Investment Trends 2020 UK Leverage Trading Report.

Credits: Original review written by Lawrence Pines. Major updates in May 2020 by Linda de Beer with contributions from the editorial team.

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