4.2/10
(14 qualified reviews)
US Traders
  • Bonus offers
  • Affiliate program
  • Company Plus500UK Ltd, Plus500 Ltd., Plus500SG Pte Ltd, Plus500CY Ltd, Plus500AU Pty Ltd
  • Founded in 2008
  • Online since 2009
  • Offices in
    • Australia
    • Cyprus
    • Singapore
    • South Africa
    • United Kingdom
  • Payment options
    • Credit/debit cards
    • PayPal
    • Skrill
    • Wire transfer
  • Demo platforms
    • Plus500 Windows Trader
    • Plus500 WebTrader
  • Account currencies
    • United States dollar
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Regulated by
    Show regulation Hide regulation
  • Website available in
    Show website languages Hide website languages
  • Support available in
    • English
  • Support methods
    • Email
    • Office
    • Phone
  • Trading server time zone GMT
  • Special notes Not available in Ukraine.
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • Browser-based platform
  • Minimum account size $100
  • Minimum position size 0.005 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 2
  • Scalping Forbidden
  • Trading instruments
    • Forex1:300
    • Gold & silver1:20
    • CFD1:20
    • Oil1:20
    • Stocks1:20
    • Options1:5
    • Indexes1:300
    • Metals1:20
    • Energies1:20
    • ETF1:100
    • Spread betting
    • Cryptocurrencies1:20
  • Trading platforms
    • Plus500 Windows Trader
    • Plus500 WebTrader
  • Digits after dot 4
  • Margin call level 40%
  • Stop-out level 40%
  • Number of currency pairs (of which exotic) 51 (23)
  • Trailing stop
  • Pending orders
  • Browser-based platform
  • Minimum account size $100
  • Minimum position size 0.005 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 2
  • Trading instruments
    • Forex1:30
    • Gold & silver1:20
    • CFD1:20
    • Oil1:20
    • Stocks1:20
    • Options
    • Indexes1:20
    • ETF1:5
    • Cryptocurrencies1:2
  • Trading platforms
    • Plus500 Windows Trader
    • Plus500 WebTrader
  • Digits after dot 5
  • Margin call level 40%
  • Stop-out level 40%
  • Number of currency pairs (of which exotic) 51 (23)
View contract specifications

Reviews

59 reviews of Plus500 are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, UK.

Note to people with bad comments... If you walk in to your bank and ask them for 500 (pounds,euros, dollars) they would ask you to prove you are you. Same here. I'm happy they don't give my money to anyone who asks. I deposited £400 about 18 months ago and it dropped to £240 (my own fault) so I asked to withdraw it. They asked me for copies of c/card, passport etc. I scanned the documents and sent to them, next day they approved my withdrawal and 5 days later the money was in my bank. I have now re-deposited some money in and continue to trade (up some weeks, down the next) in the hope I will discover some hidden secret to make me a load of money. I have no other broker to compare them to but I hope they all do checks before sending money out!!!

, Plymouth.

Look like to me as a scam.

"Customer Money – your deposits/remittances

Plus500 separates customers money from its own using a fully segregated bank account held at Barclays Bank plc. Customer’s funds are protected in the unlikely event of Plus500 encountering financial difficulty. In addition, customers are also protected by the UK’s Financial Services Compensation Scheme to which Plus500 contributes. 100% of the first GBP 50,000 of each customer’s deposit is guaranteed, ultimately by the UK Government. Further information is available at fscs.org.uk"

Very good service, eccellente demo and explanation regarding how to use the plus500 service. Easy to cash in any sum of money. They take passaport copy etc...

Impossible to get money bank or withdraw money from a plus500.

However I understood that the service is under FSA rules and the UK’s Financial Services have Compensation Scheme meaning that you can complain and get money back. Also another tip will be writing a complain letter to plus500 make a copy to send in writing to ministry of Justice to report the scam company.

, United Kingdom.

I opened my account five weeks earlier, comlpeted my identification documents i.e passport, driving licence and phone check. After that I deposited £4900 from my debit card and started trading. To me its platform is simple, quite informative and clear screen. The best trading screen I found. Just to see the withdrawal service I requested for £5000 and within 05 working days the amount was in my account. I am very happy with Plus500.

, United Kingdom.

I opened my account five weeks earlier, comlpeted my identification documents i.e passport, driving licence and phone check. After that I deposited £4900 from my debit card and started trading. To me its platform is simple, quite informative and clear screen. The best trading screen I found. Just to see the withdrawal service I requested for £5000 and within 05 working days the amount was in my account. I am very happy with Plus500.

, U.K.

I opened an account around a month ago and to be fair to Plus500 they 'DO' require certain documents and if you don't supply those docs then forget withdrawring your cash. Obviously it's easy to deposit cash. Please remember that you have to supply, for example, the following: Passport, drivers licence, utility bill with address, credit card information (front and back) BEFORE you can withdraw.

I'm currently in the process of withdrawing cash to paypal so fingers crossed. READ the terms and conditions as I'm pretty sure that we all rush in without thinking and then COMPLAIN when we don't agree with something.

I also called the FSA and although they do not require Plus500 to have the above documents many establishments do... so them basically blanket term 'our regulators require'... they don't. Plus500, however, do.

I hope this review helps as Plus500 ARE regulated by the FSA are are pretty safe to use. Other than that double check the stock price at the time of purchase as I feel that there's something else going on with that (Hint).

, Israel.

This company is definatly a scam. now that iv'e unsuccefully tried withdrawing my money, unsuccefully tried contacting them many times. i can say with confidens that this is 100% scam.

Be very carefull!

, London UK.

it is hard to get the money back into your bank account. I had to contact few people including FSA to get hold of plus500. They never answer any e-mail and there is no telephone number published anywhere.

If you would like to call plus500 the telephone number is 02077549177 - +442077549177 from outside uk. On their website is only showing the fax number. I had to call FSA to get their telephone number.

Call plus500 telephone +442077549177 for any problem

, Republic of Macedonia.

I got 25eur bonus i collected the 60 point's required to withdraw the earnings.At the beginning when i wanted to transfer the money to my account in Mcedonia i was not able to do it because of some unclear things, so i tried on friend's a account in Itally. It has been accepted and sent without asking me anything. I'm expecting the money this week, so probably the country that you are from is very important.

I think that Plus500 is not a scam

, Ireland.

My personal experience and I can't say others negative comments are not true but I had no issues whatever with them. Deposited by Mastercard, made a profit, the deposit was returned (will only do this back to your Mastercard) and the profit sent by wire transfer at my request. I did not scalp (close within a few minutes of opening) and did not try to withdraw my free bonus and despite nervousness due to some of the comments above, it worked as you'd expect. Knowing they are FSA registered is a comfort for me.

, Australia.

READ THE FINE PRINT. You cant take profits from the "free money" and you cannot scalp. Most of the people who lose here cry poor mouth without accepting the terms of trade. I make 10,000 a week here and love it. Provide proof of identity upfront, pay by visa....only have one account and all will be well. for those who like to get into the analysis and study markets, maybe go elsewhere. They ARE now registered by FSA and have mostly had problems with non conformity and idiots who dont understand anything. Yes, there are much better brokers and cheaper, but for simplicity and the beginner it is perfect. There are others to be fearful of.....but the market is the biggest theif.

, Dubai > UAE.

I am using plus500 for the past 3 weeks. I have started with 200 DHS. And after one week my balance turned to 700 so I have again deposited 500 AED. And begining of this week my Balance became 1600 AED. So I tried to transfer AED 500 to my paypal account. But after 40 hours they took my 500 DHS and the status shows cancelled. But the money didn't go to my paypal account or not deposited back to my plus 500 account. Its cheating. I think plus 500 is a scam. They took my passport copy, telephone bills and Copy of credit card and documents. But I don't know why they are taking customers money. It is not fair. Can anyone help me to take back that money from them ?

, Poland.

Plus500 is good platform. Registered in FSA, License Broker.

, United Kingdom.

I am only using the demo version so far of plus500. at the beginning it was ok, until i got a error and i cannot open my account any more. I sent an email to them about 1 day ago and have not received a reply as yet. my fire wall blocked their site as well because it says that, this site is fake and not secure and it can harm you computer. the software i downloaded on my computer does not open any more an error come up. i did not have this problem before, only when i was making alot of money even if it is a demo account i started to have these problems. i cannot even log on to my demo account. for now i am only playing and i was making alot of money on the demo version, but i have not tried the real money version. too many bad reviews about plus500 and i am not sure if i want to switch to real money.

, Lithuania.

They gave me $60 bonus for opening account. In a few days I made $90. Next day they took all the money with no explanation

, London.

I have used Plus 500 for a year now. I began by depositing £100, which i turned into £1400 and requested to withdraw. Three days later the money was deposited to my account.

I have moved large sums of money in and out of Plus 500 and i've never had a single problem. Today my trading account has £476,532.76 and i'm not worried in the least about its safety!

After learning about MF Global, i have to think Plus 500 is the best trading account in the UK.

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