Plus500 Review 2024 (Expert Review)

Plus500 Review Summary

Plus500 is a CFD trading broker. Currently, Plus500 offers 2800 CFD instruments. As Plus500 is a multi-asset platform, you can take advantage of trading real Shares via their Plus500Invest service available in several countries. As well as US residents can trade Futures on Plus500Futures. Its website lists the CFD tradable instruments in different categories, and includes CFD indices, CFD forex pairs, CFD commodities, CFD cryptocurrency pairs (Availability subject to regulation), CFD ETFs and CFD Options. You can also trade CFD stocks and shares from 21 different countries. Using the Plus500 website, once registered, a user can deposit funds before they can start trading. To do this, go to Funds Management on the Plus500 website. Then, select Deposit. If you want to make a deposit, you must provide your wire details. The wire amount will vary depending on your account balance. You can also withdraw funds from your Plus500 account. To deposit funds, you must complete a few simple steps. You will need to answer questions regarding your professional experience, financial background, and trading history.

Plus500 review
Plus500 Platform Features

Plus500 main features and highlights

🗺️ Country of regulation	Plus500CY Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14), Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909), Plus500AU Pty Ltd holds AFSL #417727 issued by ASIC, FSP No. 486026 issued by the FMA in New Zealand and Authorised Financial Services Provider #47546 issued by the FSCA in South Africa, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore for dealing in capital markets products (License No. CMS100648)
💰 Trading fees	Yes
💰 Inactivity fee	Yes
💰 Withdrawal fee	No
💰 Minimum deposit	£$€100
🕖 Time to open a Plus500 account	1-3 Days. *A Plus500 demo account can be opened in a few minutes, but live Plus500 trading account creation times will vary depending on how long it takes to process your Plus500 KYC documents.
💳 Wire Transfer	Yes
👛 Depositing with electronic wallet	Yes
💱 Number of base currencies supported	48
🎮 Demo account provided	Yes
🛍️ Financial Instruments offered through CFD trading	Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, US Stocks, UK Stocks, Energies, Metals, Agriculturals, ETFs,

Plus500 review
Plus500 Financial Regulation

Plus500 is regulated by Plus500CY Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14), Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909), Plus500AU Pty Ltd holds AFSL #417727 issued by ASIC, FSP No. 486026 issued by the FMA in New Zealand and Authorised Financial Services Provider #47546 issued by the FSCA in South Africa, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore for dealing in capital markets products (License No. CMS100648).

Plus500 review
Plus500 Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using Plus500 include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using Plus500 can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

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Plus500 Advantages

One of the main advantages of using Plus500 is around the clock service and support as well as research offerings. Not only this, but Plus500 has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of Plus500 with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with Plus500 makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. Plus500 offers stock quotes and trade information, making it easy for users to view how their investments are doing.

• Plus500 has been in business over 10 years.
• Plus500 offers Stock Trading. Plus500 offers CFD stocks but Plus500 does offer traditional Share Trading through their platform Plus500 Invest.
• Plus500 offers PayPal as a payment method.
• Plus500 offers Skrill as a payment method.
• Plus500offers Islamic Accounts.

Plus500 review
Plus500 Disadvantages

Although Plus500 has a lot of good points Plus500 does not offer the below.

• Plus500 does not offer Cryptocurrency Trading (See Plus500 alternatives who offer Cryptocurrency Trading here)
• Plus500 does not offer Neteller as a payment method (See Plus500 alternatives who Neteller as a payment method here)
• Plus500 does not offer ECN trading (See Plus500 alternatives who offer ECN trading here)
• Plus500 does not offer Bitcoin Trading (See Plus500 alternatives who offer Bitcoin trading here)
• Plus500 does not offer the MetaTrader 4 platform (See Plus500 alternatives who offer the MetaTrader 4 platform here)
• Plus500 does not offer the MetaTrader 5 platform (See Plus500 alternatives who offer the MetaTrader 5 platform here)
• Plus500 does not offer the cTrader platform (See Plus500 alternatives who offer the cTrader platform here)
• Plus500 does not offer a Apple Mac desktop trading platform (See Plus500 alternatives who offer an Apple Mac desktop trading platform here)
• Plus500 does not offer Spread Betting (See Plus500 alternatives who offer Spread Betting here)
• Plus500 does not offer Hedging (See Plus500 alternatives who offer Hedging here)
• Plus500 does not offer Scalping (See Plus500 alternatives who offer Scalping here)

Risk Warning: 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money..

Plus500 review
Things to understand when trading with Plus500

Trading with Plus500 involves risk. You should only risk capital with Plus500 that you can afford to lose. Understand your risk tolerance with Plus500, and have a trading strategy that Plus500 is able to help you execute. Plus500 is a very accessible CFD trading platform but you must take the time to be able to effective use the trading tools and financial instruments Plus500 give you access too. Plus500 is a CFD trading platform.

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Plus500 Trading Fees

Trading fees on Plus500 are taken in the form of the spreads Plus500 offers when buying and selling financial instruments like CFDs on stocks, commodities, fiat currencies and indexes on Plus500. Plus500 fees vary depending on the financial instruments traded and can include, Plus500 overnight funding fees, spreads, margins and Plus500 inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your Plus500 account charged by your 3rd party payment provider if your Plus500 base currency is different from your Plus500 withdrawal method.

Plus500 review
Plus500 Financial Instrument Fees

Plus500 fees for Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, US Stocks, UK Stocks, Energies, Metals, Agriculturals, ETFs, are listed below.

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Plus500 Non Trading Fees

Plus500 non-trading fees include a variety of Plus500 brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the Plus500 trading platform. The most common non-trading fees include Plus500 withdrawal fees, Plus500 deposit fees and Plus500 inactivity fees.

Plus500 review
Plus500 Deposit Fees

Plus500 does not charge deposit fees. Some brokers charge a deposit fee for some payment methods, Plus500 does not do this.

Plus500 review
Plus500 Inactivity Fees

Plus500 does charge clients an inactivity fees for dormant Plus500 trading accounts. A Plus500 inactivity fee is a sum charged on Plus500 brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

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Plus500 Withdrawal Fees

Plus500 does not charge withdrawal fees. Withdrawals fees vary between Plus500 and Plus500 alternatives depending on where you are located and how much money you are withdrawing.

Plus500 review
Plus500 Account Fees

Plus500 does not charge account fees. Account fees charged differ between Plus500 and other brokers. An account is a fee that Plus500 and other brokers assesses on all accounts for the ability to keep an account on their platform.

Plus500 review
Plus500 Account Opening

The Plus500 account registration process is simple, user-friendly, and quick. Within 1-3 Days most Plus500 trading accounts are ready for live trades. Our Plus500 account was validated in 1 day, but live Plus500 trading account verification times will vary depending on the time it takes to process your KYC documents and Plus500 trading account application. A Plus500 demo account can be opened in a few minutes.

Plus500 trading accounts are available in over 69 countries. Plus500 is restricted in the following countries.

Apart from the restricted countries a Plus500 trading account can be opened globally.

The Plus500 trading platform is available for residents in US. Some financial instruments Plus500 offer may be restricted in your country.

• Fast Plus500 account opening.
• Plus500 accounts can be opened and KYC can be verified digitally.
• Plus500 minimum deposit is £$€100 USD / GBP / EURO.
• Plus500 trading account verification may be held up for longer than a day if there is an issue with verifying your account.

Plus500 review
Plus500 Deposit And Withdrawal

Plus500 Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

GBP, EUR, CHF, JPY, AUD, CAD, NZD, PLN are supported by Plus500 as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

Plus500 offers the following account GBP, EUR, CHF, JPY, AUD, CAD, NZD, PLN.

When trading make sure your Plus500 trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. Plus500 has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

*Plus500 offer CFD currency trading only.

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Plus500 Deposit Fees and Deposit Methods

Investors can log in to their Plus500 trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their Plus500 trading accounts from an existing bank account or send the funds through a wire transfer or online check.

Plus500 Deposit Fees

Making a deposit on your Plus500 account is free.

Plus500 Deposit Methods

There are several methods through which you can deposit money into your Plus500 account. One can use a credit or debit card and Plus500 accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your Plus500 account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your Plus500 account. Funding methods for Plus500 include Credit cards, VISA, MasterCard, Bank Transfer, Electronic wallets (eWallets), PayPal, Skrill, Trustly, Apple Pay,.

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Plus500 Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your Plus500 brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open Plus500 positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your Plus500 account.

Plus500 Fees When Withdrawing Your Account Balance

Plus500 do not charge withdrawal fees. Some withdrawal fees are out of the control of Plus500 and may be due to 3rd party payment providers and your account base currency.

Plus500 Withdrawal Methods

Log into your Plus500 trading account, which is connected to your bank account. Go to the section that says “funds” or “accounts” and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your Plus500 account to your bank account. To withdraw money from your Plus500 account you can use credit or debit cards. Plus500 processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as Plus500 processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

Plus500 review
Plus500 Trading Platforms

As there are a number of tradable CFD financial instruments available on the Plus500 trading platform. Before investing in the Plus500 platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The Plus500 platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. Additionally Plus500 offers weekly webinars that discuss market trends and technical analysis. The webinars host market analysts and experts courtesy of the Corellian Trading Academy. *Note: The webinars are available only for premium users.Plus500 offer livechat, and email support. Plus500 actually offers - 24/7 chat, email and WhatsApp support. Plus500 does not offer phone support.

If you struggle with technology, you need to consider the level of support on Plus500 is available. Another thing to consider is your financial goals. Make sure that a Plus500 account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Plus500 is compensated on spreads and does not charge commissions. Plus500 currency conversion fees can be upto 0.7% of the trades realised profit and loss to open Plus500 positions. Plus500 Inactivity fees are up to $10 USD a month or equivalent currency from your available Plus500 balance, if you do not login to your Plus500 account in three months. Plus500 inactivity fees can be avoided by logging into your account regularly. Please note that use of Plus500 guarenteed stop orders is subject to a wider spread price.Make sure that you have enough funds to trade via a Plus500 account. Ensure that Plus500 allows you to focus on the type of trading that you want to focus on.

Make sure Plus500 is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using Plus500, think about how easy it is to use for your personal needs. Does the Plus500 platform offer real-time updates or delayed updates that are more informed? Remember to check if Plus500 is well regulated, and what tradeable financial instruments Plus500 has. Security is very important when it comes to trading with Plus500.

Plus500 Web Trading Platform

A Plus500 web trading platform is a piece of software that is used for CFD trading. This includes opening, closing, and managing market positions through Plus500 which acts as a financial intermediary. Plus500 is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed. Plus500 Stop Orders are : Close at Loss Order (or Stop Loss Order), Close at Profit Order (or Stop Limit Order), Trailing Stop Order, and Guaranteed Stop Order.

Mobile Trading Platform

Both Android and iOS devices are supported by the Plus500 mobile trading platform.

Plus500 Apple IOS Trading Platform

A Plus500 iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

Plus500 Google Play Android Trading Platform

A Plus500 Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

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Plus500 Mobile Trading User Experience

Plus500 mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. Plus500 mobile trading refers to trading using a mobile phone.

Leading brokerages like Plus500 offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire Plus500 portfolio. All an investor needs is a Web-enabled smartphone and a trading account with Plus500. Once you have download the Plus500 trading app, you are ready to begin.

Plus500 review
Plus500 Desktop Computer Trading Platform

A Plus500 computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The Plus500 desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The Plus500 desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

Plus500 PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using Plus500. A trading computer with access to a Plus500 PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

Plus500 Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the Plus500 trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the Plus500 trading platform is very user friendly on a Mac device.

Plus500 review
Plus500 Trading Look And Feel

The Plus500 user interface (UI) is what Plus500 traders will see and interact with first when trading with the Plus500 trading platform. The Plus500 is well designed. The goal of the Plus500 trading UI is to make the Plus500 user's experience intuitive. The Plus500 application has good user experience and a good level of customer satisfaction.

Plus500 Security

Plus500 is a secure trading platform. Plus500 offers traders security via 2 factor authentication, SSL encription when trading with Plus500. Plus500 trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with Plus500. Rate limitation on Plus500 suspicious account activities is another layer of protection that is provided for Plus500 trading accounts, for example multiple failed login attempts with Plus500. You have the option to further safeguard your account by using Plus500 Two-Factor Authentication (2FA), which provides an extra layer of security.

The Plus500 trading infrastructure is constantly watched and guarded by a trained team at Plus500 In addition, Plus500 never send sensitive information without first encrypting on the Plus500 trading platform using transport layer security (TLS) and SSL.

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Placing A Buy Or Sell Order On Plus500

Available Plus500 order types. # market, limit, stop, stop limit, Good until end of day / canceled.

Plus500 Market Order

A Plus500 market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. Plus500 market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. Plus500 market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

Plus500 Limit Order

A Plus500 limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

Plus500 Stop Order

A Plus500 stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

Plus500 Stop Limit Order

A Plus500 stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The Plus500 stop-limit order triggers a limit order when a stock price hits the stop level. A Plus500 stop-limit order can be helpful when trading if you are unable to watch your trades all day.

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Plus500 Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages.

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Plus500 Trading Platform Features

Online trading platforms like Plus500 are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with Plus500. The Plus500 trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using Plus500.

Plus500 Margin Trading

Plus500 margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, Plus500 margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

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Plus500 Account Types

Plus500 Demo Account

Plus500 offers demo accounts that gives traders the ability to purchase and sell Plus500 financial instruments in a practice environment, using fake Plus500 digital money and live market conditions and data. When you practise on a Plus500 demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the Plus500 platform. Plus500 demo accounts allow you to experience and practice a variety of market charts, Plus500 trading indicators, and trading strategies using Plus500.

Plus500 users can now configure their demo account balance to the desired amount without contacting customer support and without clearing the account history.

Plus500 users are now able to self-adjust their Demo account balance up to €40,000, or the equivalent in their trading account currency. This new feature allows users to personalize their trading experience while using the Plus500 demo and better reflect their target volume of investments.

They are also able to completely reset their demo account, including all history, so they can re-experience it over and over while executing different trading strategies.

Plus500 Standard Account

Plus500 offers a standard trading account, allowing Plus500 traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich Plus500 trading platform.

Plus500 Islamic Accounts

Plus500 islamic accounts respect Islamic finance law. Plus500 swap free accounts do not accumilate interest and Plus500 transactions are actioned immediately. A Plus500 Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in Islamic compliant financial instruments, using Plus500 following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with Plus500 Islamic accounts do not pay or receive interest rates.

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Plus500 Tradable Financial Instruments

Plus500 tradable financial instruments are the financial instruments that are specifically available to trade on the Plus500 trading platform. This refers to the different types of financial markets you can trade with through Plus500. Sometimes called securities on Plus500.

Plus500 CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

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Plus500 Trading Research Tools

Taking advantage of Plus500 trading research tools which are designed to help traders analyse potential investments using the Plus500 trading platform. Some Plus500 research tools include charts, technical analysis, and Plus500 trading indicators.

Plus500 Trading News

Traders can follow the markets and make wise investment decisions on Plus500 by using the news to help form a strategy when it comes to choosing investments. A Plus500 news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

Plus500 have a Plus500 News & Market Insights where weekly articles are published. Further information can be found via - https://www.plus500.com/en-BG/NewsAndMarketInsights/.

Plus500 Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A Plus500 economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

Plus500 Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. Plus500 fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

Plus500 Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on Plus500 are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

Plus500 portfolios

Trading portfolios are useful when trading with Plus500.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A Plus500 trading portfolio is a traders collection of CFD investments, which may include a variety of Plus500 CFD financial instruments.

Plus500 has launched an amazing feature "+Insights" for desktop and mobile, allowing users to learn more about market trends based on the company's unique internal data. It has two features - 'Insights' is a trend exploration driven tool; 'Instrument +Insights Tab' - is an instrument-focused experience that lets users dive a bit deeper into each instrument's data.

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Plus500 Payment Methods

A Plus500 payment method is required to fund your Plus500 trading account before placing a buy or sell order on a financial instrument.

When trading with Plus500, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that Plus500 do not have any control over.

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Plus500 Withdrawl Methods

When trading with Plus500 at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your Plus500 account balance. Plus500 may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your Plus500 account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

Plus500 Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your Plus500 account.

Currently, withdrawal requests take up to 1 business day with Plus500.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your Plus500 should arrive in less than 24 hours.

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Plus500 Customer Support

Customer support represents the resources within the Plus500 company that provides technical assistance to its customers after they use the Plus500 service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

Plus500 offer email, livechat, WhatsApp, and whatsapp customer support.

Plus500 Email Support

Plus500 offers email support.

Email support is a a convenient method of Plus500 customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from Plus500 regarding your support request.

Plus500 Livechat Support

Plus500 offers livechat support.

Plus500 live chat support is a way for customers to obtain help from Plus500 through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

Plus500 Telephone Support

Plus500 have added WhatsApp as a contact option but do not offer telephone support.

Plus500 Average Support Response times

Contact Method	Average Response Time
Plus500 Live Chat	2 minutes
Plus500 Email	3 hours

We tested the customer service response times of Plus500 on Monday, November 4, 2024.

Plus500 review
Plus500 Educational Resources

Plus500 educational resources are used throughout the Plus500 learning environment to help and assist with customer's development and learning of trading on Plus500. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using Plus500 trading tools. Educational resources like some of the resources available with Plus500 are a good as part of a wider set of educational guides and information from else where online.

Some of the Plus500 trading guides and information that we found useful included platform tutorial videos, eBooks, advanced trading courses, webinars.

plus500 traders are offered a "Trading academy" on the Plus500 website, containing an e-Book, video guides and a Plus500 FAQ section to get to know CFD trading and the Plus500 platform.

Plus500 review
Plus500 Financial Regulation When Trading

Financial regulations on Plus500 protect consumers' investments. Regulations prevent financial fraud and limit the risks that Plus500 as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. Plus500 financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is Plus500 Regulated?

Plus500 is regulated by Plus500CY Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14), Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909), Plus500AU Pty Ltd holds AFSL #417727 issued by ASIC, FSP No. 486026 issued by the FMA in New Zealand and Authorised Financial Services Provider #47546 issued by the FSCA in South Africa, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore for dealing in capital markets products (License No. CMS100648).

Plus500 is licensed by financial regulators in certain jurisdictions. You can find out if brokers like Plus500 are licensed in your country, if they have had run-ins with regulators, or received serious complaints from Plus500 investors, directly with financial regulators in your country.

Plus500 Regulatory Protection Limits

When registering with Plus500 you must check with regulatory body your Plus500 trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your Plus500 account is over seen by. Plus500 client funds are stored in segregated 3rd party bank account in accordance with Plus500 financial regulators.

You learn more about the Plus500 investor compensation fund here

Plus500 Trading Signals

Plus500 does not offer trading signals in any form.

Make sure you understand the risks of trading signals.

How does Plus500 make money?

Because Plus500 acts as an intermediary, Plus500 gets compensated on buy and sell transactions of financial instruments. As a result, Plus500 profit is determined by the volume and number of transactions. Plus500 earns revenue to fund their Plus500 platforms and wide range of trading services through market spreads.

Does Plus500 offer Cryptocurrency?

Plus500 does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.

Plus500 Lower fees, lower costs?

Plus500 have reasonable trading fees and costs. Plus500 may charge a deposit fee. Plus500 may charge a withdrawal fee. Some withdrawal fees are out of the control of Plus500 and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

Plus500 minimum deposit is £$€100 USD / GBP / EUR.

How to start your Plus500 account?

You can sign up for a live or demo Plus500 trading account by visiting Plus500 and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an Plus500 account here.

How's the Plus500 trading app?

Plus500 allow traders to trade financial markets on iOS and Android supported mobile devices.

You can tryout the Plus500 trading app here. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Is the quality of Plus500 customer service satisfactory?

Plus500 have great customer support which is accessible through email, livechat, WhatsApp, support options.

Is this broker good for new traders?

Plus500 is a good trading platform for new traders as Plus500 offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from Plus500?

Plus500 offer a good selection of withdrawal options. Once Plus500 have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

Best Plus500 Alternatives Reviews

If Plus500 isnt quite what you are looking for you can check out some of the best Plus500 alternatives below.

• IC Markets Review (read our in depth 2024 review)
• Roboforex Review (read our in depth 2024 review)
• AvaTrade Review (read our in depth 2024 review)

Best Plus500 Alternatives In Detail

If you would like to see Plus500 compared agains some of the best Plus500 alternatives available right now you can do so by clicking on the links below.

• IC Markets Alternatives (read our in depth 2024 Alternatives for IC Markets)
• Roboforex Alternatives (read our in depth 2024 Alternatives for Roboforex)
• AvaTrade Alternatives (read our in depth 2024 Alternatives for AvaTrade)

Check out RoboForex – Professional services on Forex market