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Plus500 Review 2025: Pros & Cons, Fees, Features, and More

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Plus500 Review 2025: Pros & Cons, Fees, Features, and More plus500 review

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.

Web Platform (Proprietary)

You can easily track the status of your withdrawal via the Monetary History section in the web app or mobile app. Plus500 offers a web-based platform and mobile apps for both iOS and Android, allowing access to your account anytime, anywhere. Plus500’s website has several sections with FAQs that explain the various markets, how their platform works, and the services they offer. But apart from these FAQs, the broker does not provide any other educational material, as their website has no dedicated educational area. BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing.

Plus500 is a multi-asset platform offering CFDs via a CFD trading platform, and shares via an investment platform. Plus500 offers one of the best customer services in the industry with dedicated web pages, a communication system, and live support services. Plus500 supports over 100 futures and options tradable instruments based on indices and commodities. As Plus500 is a CFDs platform, every asset listed on the platform is offered in CFDs. You do not own the underlying asset but trade the difference between opening and closing price. Our team have put together a complete Plus500 review that considers all their key features, products, accounts, fees and more, to provide you with a thorough analysis.

  • If your alert is triggered, you’ll be notified by email, SMS, or push notification, depending on your settings.
  • With that said, it doesn’t particularly stand out against alternatives when it comes to additional trading features.
  • Plus500 has expanded its client sentiment data offering with the launch of advanced sentiment features from Trading Central, FactSet, and Plus500’s new +Insights module.
  • If you want to trade Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple, and IOTA with Plus500, you’re in luck.
  • We use dedicated people and clever technology to safeguard our platform.
  • He also traded at a couple of different prop trading firms in Chicago.

Risk Management Tools

The only other fees Plus500 receives from users are for overnight funding, currency conversion, guaranteed stop orders, and inactivity. Plus500 professional account users can use their access to higher leverage to amplify their positions and potentially make larger profits. All in all, there is enough variety of available CFDs for most traders. That said, as a broker that deals solely with CFDs, 2,800 instruments is simply not enough.

What Platforms does Plus500 offer?

Plus500 offers a free notifications service that sends alerts and notifications when a user opens or closes a position, or when an instrument reaches a certain rate. Plus500 also provides real-time plus500 review market event notifications on prices, percentage change, and traders' sentiments. Plus500 does not charge its users any subscription or trading fees. Instead the company makes money from the bid/ask spread incorporated in the quoted rates.

As a listed company, Plus500 has also raised money from shareholders. You’ll also be able to trade CFDs on some minor and exotic forex pairs, although the selection is more limited than competitors such as Saxo Markets. Plus500 has an Invest platform for share trading currently available in certain countries. Plus500’s flagship web terminal scores fairly well in terms of its suitability for day trading, especially its clear design and charting functionality. Looking at the negatives, withdrawal times at Plus500 are slower than some alternatives. PayPal and Skrill can take between 3 and 7 working days, respectively.

Range of Offerings

Fairly simple, but a great feature, you can set a price to buy (or sell) at (placing an order), which will execute immediately when the price is reached – allowing you to automate a lot of your trading. This is pretty great, you’ll be able to see how a company is performing in terms of their impact on the world and the environment. By the way, this feature is completely free, there’s no extra fee. Overall, this is a pretty amazing feature – if your trading strategy is based on momentum and trends, you’ll probably want to check this out. You’ve now made 10% of £250, rather than £50, and so have made £25, rather than £5. Leverage is where you can trade with more money than you actually have in your account, and it works by effectively using money from the broker (Plus500) to increase the amount you can trade with.

Plus500 Futures

With over 2,000 CFDs available alongside a low minimum deposit requirement for opening a live account, Plus500 provides new market entrants an easy way to explore the world of online trading. That said, like its WebTrader counterpart, the Plus500 trading app lacks the advanced tools and all-around functionality to challenge the best mobile trading apps. As an example, Plus500’s web charts do not sync with the mobile app – a feature you’ll find within the trading apps available at Saxo and Charles Schwab (U.S. residents only). A great low cost trading platform with unique features to help you trade and excellent customer support.

Your data is safe with a certified security protocol (SSL), and your funds are held in segregated bank accounts, in accordance with regulatory requirements. Plus500 is a great option for forex (via CFDs), with a wide range of currency pairs (swapping one currency for another, for instance GBP to USD) – over 65 in fact. There’s all the major currencies, along with minor currencies such as Australian Dollars, and a large range of exotic currencies such as Thai Baht. With Plus500, there’s also indices that group AI companies, ESG and impact indices, cannabis and real estate companies. With Plus500, they also offer indices and commodities as ETFs (CFDs)– we’ll cover these both below.

How do I deposit funds in a Plus500 account?

plus500 review

We concluded that Plus500 has an excellent platform, which is especially good for casual traders. The lack of one-click trading is a significant drawback for day traders and scalpers. The WebTrader platform is available in 30 different languages, which can easily be changed by going to the Display Settings. Plus500 has been conscious of the importance of account security, with two-factor authentication available for both mobile and web platforms. Plus500 has invested heavily in its proprietary WebTrader platform, which has taken the ease of use to a new level.

  • Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
  • To evaluate brokers, we test the accounts, trading tools and services provided.
  • Their trading tools are efficient, and their market analysis is thorough, helping me achieve my trading goals with confidence.
  • You can filter the results by time frame, trader location, and instrument type.
  • A dark mode option helps make the screen easy on your eyes at night, also accessible via a single click.

One of Plus500's selling points is that it does not subject client accounts to ancillary fees. There are no charges for normal withdrawals or terminating an account. The minimum amount of money need to trade varies with the underlying instrument. Funding options include Visa or MasterCard debit/credit cards, e-wallets (PayPal or Skrill), and bank funds transfers. Plus500 charges a currency conversion fee when trading instruments denominated in a currency different from the trader’s account currency.

Plus500 profits mainly from spreads (the gap between the bid and offer prices of an asset). Plus500 does not charge commissions, except for a small number of CFDs on shares and a currency conversion fee per trade. There is also a fee for guaranteed stop-loss orders, which varies based on the size of the order and the instrument traded. A guaranteed stop-loss is a type of stop-loss order that ensures your position will be closed at a set price level. Plus500 is a well-rounded broker that delivers in the areas of usability, customer service, and the variety of markets to trade.

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