Plus500 Review [date_month_year]

Plus500

Plus500

The Plus500 trading platform is offered by Plus500UK Ltd, a UK based company with its offices located in the City of London. Plus500UK Ltd authorised & regulated by the FCA (#509909) to offer Contracts For Difference (CFD) to its customers.

The company is a rapidly growing CFD provider and currently offers its portfolio of over 2000 instruments. Plus500UK Ltd is a subsidiary of Plus500 Ltd; a company listed on the London Stock Exchange’s Main Market for Listed Companies, and headquartered in Haifa.

Plus500

 

How many Symbols do Plus500 offer?

They offer over 2000 instruments including FX, Commodities, Indices, Metals, Shares, ETFs, Options, and even Cryptos! (Availability subject to regulations)

Do I have to have a USD account to trade?

No, USD accounts are available and so are a host of other base currencies– GBP and EUR included.

What is the maximum leverage I can have?

30:1 is the maximum leverage available but much lower levels can be chosen. and there are plenty of options.

How can I deposit funds?

Lots of options here– Credit and Debit Cards, Skrill, Paypal, Electronic Wallet, Trustly and something else that puts Plus500 head and shoulders above the rest in our opinion – Apple Pay!

Are Plus500 on Social Media?

Yes – Via Facebook, Instagram and Twitter.

Are Plus500 Regulated?

Yes, they are regulated by ASIC, FCA and MAS to name the major regulators.

Can I trade via MT4?

No – Plus500 are one of the rare brokers who don’t offer MT4. Whilst we usually like to see brokers offer the MT4 platform, the proprietary Plus 500 platform is so good, it doesn’t matter. This may be an issue for traders who need EAs to trade.

Is there a minimum deposit when opening an account?

$100

How do I open an account?

It’s a quick and easy process to open an account. Click here to start.

Alex Avatar

By Alex

Alex joined City Index as a Junior Dealer in 2000, going on to become deputy head of their FX, Bonds and Commodities Desk. In 2006 he left to take on the challenge of setting up the Spread Betting and CFD desk at ODL Markets, where he was head for 4 years covering its acquisition by FXCM. Alex then left to setup the Broker GKFX where he was Managing Director for a number of years, taking it from startup to a highly profitable business operating in over 20 countries around the world. More recently Alex has acted as a consultant to the Financial Services industry, and has been responsible for successful projects such as implementing the MT4 platform into ETX, and launching Broker Cashback services to Traders. Alex enjoys keeping fit and golf.