LSE-listed CFD provider with a huge instrument range on one simple proprietary platform, but no MetaTrader and no EAs.
Plus500's homepage.
Plus500 has been operating since 2008, founded in Haifa, Israel, and is publicly listed on the London Stock Exchange as a FTSE 250 constituent. That brings a level of corporate transparency (audited public financials, regulatory disclosures) that most privately-held brokers on this list don’t offer. It’s regulated through entities under the FCA, CySEC, ASIC, and MAS in Singapore.
Plus500 is best understood as a CFD provider first, forex broker second: its business model centers on a very broad CFD instrument range (2,800+ instruments cited across forex, indices, shares, commodities, options, ETFs, and crypto CFDs where permitted) rather than deep forex-specific tooling.
EUR/USD spreads are advertised from around 0.8 pips, with independent reviews suggesting real-world spreads typically run closer to 0.9-1.1 pips, widening further in off-peak hours. There’s no raw/ECN commission-based account; Plus500 runs a single spread-based pricing model. A currency conversion fee of up to roughly 0.7% applies when trading an instrument denominated differently from your account’s base currency.
Plus500 runs exclusively on its own proprietary WebTrader, desktop, and mobile apps, with no MT4, MT5, or cTrader support. This makes it straightforward to learn but unsuitable if you rely on Expert Advisors, custom indicators, or third-party algo tools. Guaranteed stop-loss orders are available, for an added cost via a wider spread.
Plus500 suits traders who want the widest possible CFD instrument range on one simple, easy-to-learn platform, and who value the corporate transparency that comes with a publicly listed company. It’s a poor fit if you specifically need MetaTrader, EAs, or raw/ECN pricing; dedicated forex brokers on this list will serve that need better.
| Regulated by | FCA (509909); ASIC (AFSL 417727); CySEC (250/14); FMA (486026); FSCA (47546); MAS (CMS100648); Seychelles FSA (SD039); DFSA (F005651); EFSA (4.1-1/18); SCB Bahamas (SIA-F250); CIRO; ISA; JFSA; SCA; CFTC/NFA |
|---|---|
| Regulator tier | Tier 1 |
| Register entry | FCA Financial Services Register, FRN 509909 |
| Client money segregated | Yes |
| Held at | Segregated client bank accounts with regulated banking institutions |
| Negative balance protection | Yes |
| Compensation scheme | FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible Cyprus clients |
| Audited by | Kesselman & Kesselman, member firm of PricewaterhouseCoopers International |
| Not available to | United States for CFDs, Belgium, and other jurisdictions where CFD services are prohibited or Plus500 is not authorised |
| Spread from | 0.6 pips |
|---|---|
| EUR/USD spread | Approx. 0.6 pips |
| GBP/USD spread | Approx. 1.2 pips |
| Commission | $0 |
| All-in cost, EUR/USD | Approx. 0.6 pips |
| Spread type | Variable |
| Overnight swap | Both: overnight funding applies; swap-free accounts available in eligible regions |
| Inactivity fee | Up to $10/month after 3 months without logging in |
| Withdrawal fee | None for standard withdrawals; charges can apply below minimum thresholds or from third parties |
| Currency conversion | Up to 0.7% |
| Minimum deposit | $100 |
|---|---|
| Account types | Retail, Professional, Demo, Swap-Free |
| Account currencies | AUD, USD, EUR, GBP and other region-dependent currencies |
| Islamic account | Yes |
| Demo account | Yes, unlimited |
| Professional account | Yes |
| Minimum trade size | Instrument-dependent; generally from micro-position sizes |
| Time to open | Typically a few minutes |
| Platforms | Plus500 WebTrader, Plus500 mobile and desktop platforms |
|---|---|
| Own platform | Yes |
| Mobile app | Proprietary |
| Browser trading | Yes |
| Automated trading | No |
| Copy trading | No |
| Indicators | 100+ technical indicators |
| Third-party tools | TradingView-powered charting features and external market data integrations |
| API access | No retail API |
| Markets | Forex, Shares, Indices, Commodities, ETFs, Options, Cryptocurrencies |
|---|---|
| Currency pairs | 60+ |
| Total instruments | 2,800+ |
| Crypto CFDs | Yes, jurisdiction-dependent |
| Maximum leverage | 1:30 |
| Execution model | Market maker |
| Execution speed | Under 1 second |
| Order types | Market, limit, stop, stop-loss, stop-limit, trailing stop, guaranteed stop |
| Servers | Global cloud/data-centre infrastructure |
| Deposit methods | Visa, Mastercard, bank transfer, PayPal, Skrill, Apple Pay, Google Pay, Trustly and regional methods |
|---|---|
| Withdrawal methods | Credit/debit card, bank transfer, PayPal, Skrill and supported regional methods |
| Deposit time | Instant for cards and most e-wallets; bank transfers typically 1-3 business days |
| Withdrawal time | 1-3 business days processing plus payment-provider processing time |
| Minimum withdrawal | $50 PayPal/Skrill; $100 bank transfer/cards |
| Local payment methods | Trustly; Apple Pay; Google Pay and jurisdiction-specific local methods |
| Support hours | 24/7 |
|---|---|
| Contact channels | Live chat, email, WhatsApp |
| Languages | 30 languages |
| Telephone | N/A |
| N/A | |
| Live chat response | Typically under 2 minutes |
| Education | Extensive: Trading Academy, beginner guides, webinars, videos, articles and glossary |
| Research | Economic news, market insights, +Insights, sentiment and analytical tools |