Plus500 Review

Plus500 has spent years as a household name in European CFD trading, partly thanks to football sponsorships, and this Plus500 review tests whether the product lives up to the profile. The short answer is that Plus500 trades simplicity and corporate strength against pricing: it is easy to use and well regulated, but you pay for that in the spread.

Company Snapshot

Plus500 was founded in Israel in 2008 and joined the London Stock Exchange in 2013 under the ticker PLUS. It is a member of the FTSE 250. For 2025 the group reported revenue of $792.4 million, EBITDA of $348.1 million, around 242,000 active customers and roughly $800 million in cash with no debt. That balance sheet is a meaningful comfort for anyone worried about counterparty risk.

Seventeen Licences

The group holds 17 licences. Key entities include Plus500UK Ltd, authorised by the FCA (FRN 509909), Plus500CY Ltd under CySEC (250/14), and Plus500AU Pty Ltd, which holds ASIC licence AFSL 417727 and is also registered in New Zealand (FSP 486026) and South Africa (FSP 47546). Further licences cover Singapore, Japan, Canada and Israel, and in February 2026 the purchase of Mehta Equities added India to the list. In the US, Plus500 operates a futures brokerage and clearing business rather than offering CFDs.

Retail leverage in the UK, EU and Australia is capped at 30:1 on major currency pairs, in line with local rules. Negative balance protection applies to retail accounts in those regions.

What Trading Costs

Plus500 does not charge commission on CFDs. Instead the cost sits in the spread, and here it lags. EUR/USD averaged about 1.3 pips in October 2025, better than the 1.5 pips seen in 2024 but still above the industry norm. Overnight funding applies to positions held past the daily cut-off, and guaranteed stop-loss orders, which cap losses even through gaps, carry a wider spread. Retail clients get no volume discounts, while professional clients may qualify for cash rebates.

The minimum deposit depends on country and method, commonly around $100 by card, as low as 50 euros in some European countries and higher for bank wire. Funding options include cards, bank wire, PayPal and Skrill.

The Platform Experience

Plus500’s proprietary WebTrader is deliberately uncluttered. It offers 114 indicators, more than 20 drawing tools and 13 chart types, with the mobile apps mirroring the same layout. Risk tools include trailing stops and guaranteed stops. Two newer features add context: +Insights, which draws on Trading Central and FactSet data to show what other clients are trading, and +Me, which analyses your own performance.

There is no MetaTrader, cTrader or TradingView link, and no copy trading or automated trading on CFDs. The exception is the US futures business, which provides an API on the T4 platform.

Market range

Clients can trade about 65 forex pairs and a few thousand CFDs on indices, commodities, shares, ETFs, options and crypto. Crypto CFDs are not available to UK retail traders. A separate Plus500 Invest service offers real shares in some regions.

A Growing US Business

Plus500’s most notable recent move is in America. Its futures platform lets US residents trade crypto, equity index, energy, interest rate, forex and metals futures, and since early 2026 Kalshi event contracts, with a $10 minimum deposit. The company also clears trades for FanDuel’s prediction market venue in partnership with CME Group.

Assessment

Plus500 suits beginners and casual traders who want a straightforward app backed by a profitable, well-regulated listed company. Active traders, scalpers and anyone wanting MetaTrader or detailed education will likely find better value at raw-spread brokers.

CFDs move quickly on leverage, and most retail traders who use them end up losing money.

Plus500 FAQ

Risk warning: Trading forex and CFDs on margin carries a high level of risk. Bonus terms are set by each broker and may change; always check the broker's official terms before claiming.