# Plus500 LSE-listed CFD broker with its own simple platform, plus a US futures arm Source page: https://trust.chartnaut.com/brokers/plus500 Website: https://www.plus500.com Type: CFD & forex, Futures Founded: 2008 Based in: — Minimum deposit: USD 10 Markets: Forex, Indices, Commodities, Stocks, ETFs, Options, Futures, Crypto Platforms: TradingView, Own platform / app Deposits and withdrawals: Bank transfer, Card, PayPal, Apple Pay ## Overview Plus500 is a CFD broker that keeps things deliberately plain: one main account, its own platform and no commissions. It suits newer traders who want a clean app more than a toolbox. The group has entities licensed by the FCA in the UK, CySEC in Cyprus, ASIC in Australia, the DFSA in Dubai and the FSA in Seychelles, and its US arm is a CFTC-registered futures broker and NFA member. The parent company is listed on the London Stock Exchange. ### Accounts and costs Most people get the standard CFD account with a $100 minimum deposit. You don't pay commission; the cost sits in the spread, with EUR/USD quoted from around 0.8 pips. Retail leverage in the UK and EU is capped at 1:30, and if you qualify as a professional client you can go up to 1:300. Watch for the inactivity fee and a currency conversion charge of up to 0.7% if you fund in a different currency to your account. ### Platforms and markets There's no MetaTrader or cTrader here. You trade on Plus500's own WebTrader or its mobile apps, which are easy to pick up but don't support bots or copy trading. You'll find 2,800+ CFDs across forex, indices, commodities, shares, ETFs, options and crypto. Guaranteed stop-loss orders are on offer for a wider spread. In the US, Plus500 sells futures instead of CFDs, and those can also be traded through TradingView. ### Money in and out Deposits are free by bank transfer, card, PayPal or Apple Pay. Withdrawals are usually free above each method's minimum, and requests take one to three business days to process. The US futures account opens from $10 but charges 1.75% on withdrawals after the first one each month. ## Good - Regulated in many places, including the FCA, ASIC, CySEC and the CFTC/NFA in the US - No trading commissions on CFDs and no deposit fees - Free demo account with no time limit - Guaranteed stop-loss orders available - Parent company is listed on the London Stock Exchange ## Watch for - No MetaTrader or cTrader, only its own platform for CFDs - No automated trading or copy trading - No phone support - Charges an inactivity fee and up to 0.7% on currency conversions - Research tools are thin next to bigger multi-asset brokers ## Regulation - FCA: Plus500UK Ltd, licence FRN 509909 - CySEC: entity not stated, licence 250/14 - ASIC: Plus500AU Pty Ltd, licence AFSL 417727 - FMA: Plus500AU Pty Ltd - DFSA: Plus500AE Ltd, licence F005651 - FSA: Plus500SEY Ltd, licence SD039 - CFTC / NFA: Plus500US Financial Services LLC, licence NFA ID 0001398 - API trading: no - Copy trading: no - Demo account: yes - Negative balance protection: yes - Segregated client funds: yes ## Accounts and costs | Account | Min deposit | Pricing | Max leverage | | --- | --- | --- | --- | | CFD account | USD 100 | No commission, costs are in the spread; EUR/USD from about 0.8 pips | 1:30 (retail, UK/EU) | | Professional account | USD 100 | Same spread-only pricing as the CFD account | 1:300 (professional clients) | | US futures account | USD 10 | Per-contract commissions plus exchange fees, no platform or market data fees | — | ## What traders say Checked 2026-10-06. - Trustpilot: 4.2 / 5 from 20,006 reviews (https://www.trustpilot.com/review/www.plus500.com) - Forex Peace Army: no score (https://www.forexpeacearmy.com/forex-reviews/5374/plus500-review) - Sitejabber: no score from 17 reviews (https://www.sitejabber.com/reviews/plus500.com) - Reviews.io: 1.56 / 5 from 618 reviews (https://www.reviews.io/company-reviews/store/Plus500) - Myfxbook: no score (https://www.myfxbook.com/reviews/brokers/plus500/435132,1) - Reddit: no score (https://www.reddit.com/r/Daytrading/comments/12n2opi/why_does_plus500_have_such_a_bad_reputation/) Plus500 gets a split verdict depending on where you look. It holds 4.2 on Trustpilot from about 20,000 reviews, but only 1.56 on Reviews.io from about 600, and Forex Peace Army's page carries a "high level of caution" banner without a score shown in our evidence. Reddit threads lean negative, with the same themes recurring for years: withdrawals held up during account reviews and disputes over spreads and stop-outs. ### What traders like - **Easy platform.** Many Trustpilot reviewers call the web and mobile app intuitive and quick to learn. - **Smooth deposits and withdrawals for most.** Long-standing customers often say money goes in and out without trouble, and some report withdrawals landing within a day or two. - **Fast chat support.** Several reviewers praise quick live chat replies. - **A large, listed company.** Some pick it because it is regulated in many countries and listed on the London Stock Exchange. ### Common complaints - **Withdrawals stuck in review.** On Forex Peace Army and Reddit, several traders describe withdrawals blocked or delayed for weeks while an account was "under review", often after a profitable run, with support sending canned replies. - **Document requests and account closures.** Some reviewers say repeated verification requests, including for sensitive personal documents, led them to close their account. - **Spreads and stop-outs.** Reddit and Forex Peace Army posts complain about wide or changing spreads, especially on commodities, and stops triggered when the trader felt price never got there. - **Limits on scalping.** Older reviews say profitable short-term traders were restricted without a clear definition of the rule. ### Recently - **September to October 2026:** a Trustpilot reviewer says new requests for property documents led them to ask for their account to be closed. Plus500 replied that periodic checks are a legal requirement. A German Reviews.io reviewer reported being locked out of their account for about 68 hours with a position open in early September. ### Where this comes from - [Trustpilot](https://www.trustpilot.com/review/www.plus500.com): the main review page, the biggest pool of reviews. - [Forex Peace Army](https://www.forexpeacearmy.com/forex-reviews/5374/plus500-review): trader reviews and withdrawal dispute threads. - [Reviews.io](https://www.reviews.io/company-reviews/store/Plus500): a smaller, mostly negative pool of reviews. - [Sitejabber](https://www.sitejabber.com/reviews/plus500.com): a handful of reviews. - [Myfxbook](https://www.myfxbook.com/reviews/brokers/plus500/435132,1): trader reviews. - [Reddit](https://www.reddit.com/r/Daytrading/comments/12n2opi/why_does_plus500_have_such_a_bad_reputation/): a discussion of the broker's reputation. --- Information gathered from public sources (company websites, regulator registers, third-party review sites). Ratings are quoted from those sources and are not the opinion of Chartnaut.com. Not financial advice. Trading carries a high risk of loss. Questions or corrections: help@chartnaut.com. Methodology: https://trust.chartnaut.com/methodology