Plus500 Trading Platform Review 2024, Pros & Cons

Plus500 Trading Platform Review 2024: Plus500 is a leading online trading platform for trading CFDs on stocks, forex, commodities, options, indices, and more. This review covers key details about Plus 500 such as features, trading experience, brokerage costs, and customer support.

What is Plus500?

Plus500 is an international financial brokerage firm providing an online trading platform to trade CFDs across 2,000+ global financial instruments.

  • Founded in 2008, headquartered in Israel
  • Regulated by top-tier authorities like FCA, ASIC
  • User-friendly web & mobile trading platforms
  • Allows trading on underlying assets without ownership

Plus500 is known for competitive pricing, reliable trading platforms, and excellent customer service.

Key Details About Plus500

Year Founded 2008
Instruments Offered Stocks, Forex, Commodities, Indices, Options, Crypto
Platforms Web, Windows, iOS, Android
Leverage Offered Up to 1:300
Spread Competitive, low spreads

plus500 trading platform review 2024

Plus500 Review 2024

Here is an in-depth Plus500 review outlining its trading experience, key features, trading tools, costs, and trustworthiness.

Trading Experience

Plus500 offers fast and efficient CFD trading across 2,000+ global instruments:

Streamlined Trading Interface:  The intuitive interface allows seamless monitoring and trading across device platforms. Key data points are neatly organized without clutter.

Real-time Charting & Alerts:  Integrated advanced charts across multiple timeframes offer indicators, analytical tools, and price alerts for informed trading.

Fast Trade Execution: Trades get executed in less than 50 milliseconds due to top-notch order-matching algorithms and infrastructure.

Reliable Order Handling: The platform ensures 100% reliability in even high volatility scenarios, enabling traders to capitalize on volatile moves.

Seamless Risk Management: Real-time margin monitoring, negative balance protection, and stop losses allow disciplined risk control.

Overall, Plus500 provides a reliable high-performance trading environment suiting both casual and active traders.

Plus500 Trading Instruments

Plus500 allows trading the world’s popular CFD instruments from global markets:

1. Forex Currency Pairs – EUR/USD, GBP/USD, USD/JPY etc

2. Stocks CFDs – Tesla, Apple, Google etc

3. Commodities CFD – Gold, Silver, Oil contracts

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4. Cryptocurrency CFD – Bitcoin, Ethereum, Litecoin and more

5. ETFs CFDs – SPDR S&P 500, Invesco QQQ etc

6. Options CFDs – On stocks, commodities and indices

7. Indices CFDs – S&P 500, FTSE 100, ASX 200 etc

This diverse asset portfolio caters to the varied risk appetite of traders.

What are the Trading Platforms of Plus500?

Plus500 comes packed with best-in-class proprietary web and mobile CFD trading platforms.

Web Platform

Its powerful web platform provides all essential trading capabilities along with 75+ technical indicators, alerts, and other advanced features.

Mobile Apps

Plus500 mobile apps for iOS and Android enable monitoring positions, analyzing charts, and executing urgent orders while on the move.

Both platforms have clean interfaces, fast loading times, and reliable performance even during volatile markets.

Costs & Fees

Plus500 charges highly competitive fees with no commissions:

  • Zero fees on deposits & withdrawals
  • No inactivity, maintenance fees, or minimum deposit requirements
  • Raw spreads start from just 0.6 points on major forex pairs
  • Overnight and weekend rollover fees (/swap) apply based on leveraged exposure

Go to Trading > Fees & Charges form  to know the Plus500 Free & Charges in detail.

Security & Regulation

As a popular global CFD broker, Plus500 adheres to stringent regulatory compliance:

  • Authorized & regulated broker across multiple tier-1 jurisdictions
  • Segregated client funds in top-tier banks
  • SSL site-wide 256-bit encryption secures data transfers and storage
  • Negative balance protection by law caps losses

Robust security protocols ensure the complete safety of client assets and trading capital.

Customer Support

Plus500 is praised for its best-in-class customer service:

  • Multilingual Expert Support:  Support staff are knowledgeable professionals providing swift query resolution and trading assistance in 20+ languages.
  • Around The Clock Assistance: 24/7 email and live chat options cater to traders globally across time zones.
  • Top-notch Resources:  It offers extensive learning materials through free eBooks, online video tutorials, and a structured education program.
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Overall, Plus500 provides industry-leading trading services combined with excellent client support, education, and technology.

Plus500 Pros & Cons


  • Reputed globally regulated broker
  • Competitive Pricing
  • 2,000+ tradable CFD instruments
  • Fast and reliable order execution
  • Top-tier web & mobile platforms
  • Multilingual 24/7 client support


  • Does not offer trading of direct assets like shares or bonds
  • Limited research tools beyond basics
  • Higher spreads during off-market hours and news events

Brokerage Costs for Plus500

Here are the key brokerage-related costs when trading through Plus500:

Account Opening: Zero account opening or maintenance fees. Just requires $100 minimum deposit to start.

Commissions: Plus500 does not charge any commissions or brokerage fees on trades.


It offers competitive spreads starting from just 0.6 pips on major forex currency pairs. Stocks and indices spreads vary based on volatility and liquidity conditions.


For leveraged overnight trades, swap fees apply based on the financing rates of the instrument traded. The rates vary dynamically based on funding costs.

Inactivity Fees

No account inactivity or maintenance fees except for mandated dormant account administrative charges in some regions after 12+ months of no trading.

Deposits & Withdrawals

Processing electronic deposits and withdrawals via credit/debit card, PayPal, Skrill, etc is completely free. Bank wire transfers attract small charges from intermediary banks.

Overall, Plus500 has highly cost-effective pricing suiting active traders. Zero brokerage commissions combined with tight spreads and no surprise fees add to overall affordability.

Trading Experience of Plus500 Users

Here is an overview of actual trading experience reported by Plus500’s customers across review sites and forums:

Platform Performance

Most have praised Plus500’s web and mobile platforms for being intuitive yet packed with pro-level features. Even during high volatility events, the platforms offer stable access with fast execution speeds.

Trade Execution

Traders note reliable handling across thousands of order requests per second. Price slippage is minimal due to top-notch order matching algorithms even amid volatile swings.

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Spreads & Fees

Spreads are competitive translating into noticeable savings for high-frequency traders. Swap and rollover fees are reasonable as well based on overnight leveraged exposure.

Safety of Funds

Many highlight Plus500’s long track record as a trusted broker along with $1 billion insurance protecting client funds via Lloyd’s of London.

Customer Service

The 24/7 multilingual support staff is very knowledgeable, and friendly and offers prompt issue resolution suggesting Plus500 values clients.

How to Open an Account on Plus500 for Trading?

Here is a step-by-step guide to opening an account on Plus500:

  1. Visit Plus500’s website and click on the “Start Trading” button
  2. Fill out the online application form with details like name, email, etc
  3. Verify identity by submitting documents like passport, utility bill, etc
  4. Choose account currency and make a minimum deposit of $100 to activate the account
  5. Explore Plus500’s powerful yet user-friendly web and mobile trading platforms
  6. Analyze markets and place initial trades with real money

The application process is quick taking less than 5 minutes. Seamless verification and fast deposits enable starting real trading quickly.

Plus500 Customer Service

Plus500 offers customer support through the following channels:

Customer Care

Get in touch with support reps 24X7 via live chat, email or telephone. Queries are addressed promptly in 20+ languages.


It provides extensive learning materials and tutorials on trading basics, technical analysis, risk management, platform navigation, and more for self-help.

Response Times

Most queries are solved instantly via chat/calls. Email turnaround times are less than 4 hours even on weekends reflecting their dedication.

So whether starting or facing complex issues, Plus500’s stellar customer service helps traders in the right direction.

Go to the ‘24/7 Support‘ link from the home page ( then contact and know about your query.

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