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CFD service. 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 2024

Investing options: 4.5

Platforms & usability: 4.4

Products, markets, & assets: 4.8

Safety & reliability: 4.6

Deposits & withdrawals: 4.3

Research & analysis tools: 4.4

Fees & costs: 4.3

Education & learning resources: 4.4

Plus500 review Summary

Updated: May 29, 2024
19 min read
Plus500 is one of the largest multi asset online brokers in the world. This review looks at the trading platform in detail to help you decide if it’s the right option for you.

Our opinion of Plus500

Plus500 is a top rated online brokerage platform that allows you to trade a wide range of markets using CFDs. It’s one of the best known multi-asset trading platforms in the world. Unlike similar platforms, Plus500 also allows you to trade cryptocurrencies via CFDs, making it a popular choice for day traders. 

With thousands of markets to choose from and an abundance of educational content and tools, Plus500 is an excellent option for anyone looking to take their trading to the next level. This Plus500 review takes a closer look at the broker. We’ve investigated the various features and tools available to help you decide if it’s the right trading platform for you.

Plus500 highlights

Features Plus500 summary
No. of tradable assets 2800+
Min. Deposit $100
ID verification required Yes
Free demo account Yes
Supported assets Stock CFDs, ETF CFDs, Forex CFDs, Crypto CFDs, Index CFDs, Commodity CFDs
Mobile trading app Yes
Web trading platform Yes
Regulatory bodies FSA, ASIC, FMA, FCA, CySEC
View more > Plus500 >

Pros & Cons


Free demo account for every user
Secure broker, licensed by top-tier regulators
Wide variety of CFDs to trade
Several good risk management tools


Can I open an account with Plus500?

Investing options

What can I do with Plus500?

Plus500 allows CFD trading with cryptocurrencies, alongside many other assets and securities, such as commodities, forex, indices, stocks, and ETFs. 

Contract For Difference (CFD) trading, is a popular trading technique where you trade against changes in value without owning the underlying asset. This allows you to trade with leverage (although leverage offered on crypto trading is much lower than with other options). Trading cryptocurrencies with leverage can help maximise your profits, but it will also lead to increased losses if the market moves against you.

This means that something you can’t do on Plus500 is buy cryptocurrencies – if you actually want to own the coins you will have to use an exchange or a cryptocurrency broker. The platform allows you to make quick trades relating to the change in value of a range of different coins It also allows you to use many techniques and tools to capitalise on the market, which are covered in more detail below.

What accounts does Plus500 offer?

Plus500 offers two basic account types: demo and live accounts. While a demo account can be opened for free and allows you to test the platform without risking money, a live account requires that you deposit at least 100 USD. There are also other features offered by the platform:

Account type Plus500 accounts eToro accounts Kraken accounts
Trading platform Yes Yes
Crypto staking No Yes
Crypto wallet No Yes
Money management Yes Yes
Spread betting broker No No
View more > Plus500 > eToro > Kraken >

Products, markets & assets

What products and assets can you trade on Plus500?

Plus500 is a multi asset brokerage platform and has a range of different markets you can trade. Its stocks section is where you’ll find the most assets, with over 1,800. There is also a good selection of CFDs covering forex pairs, cryptocurrencies, indices, ETFs, and commodities. 

Product Plus500 assets eToro assets Kraken assets
Stock CFDs 1,800+ 3117
ETF CFDs 100+ 317
Forex CFDs 50+ 49
Crypto CFDs 40+ 73
Index CFDs 20+ 20
Commodity CFDs 20+ 26
View more > Plus500 > eToro > Kraken >

Note that all listed instruments on Plus500 are available to trade as CFDs.

What leverage trading options are there?

The available leverage on Plus500 varies depending on the asset you’re trading and your location. For example, in the EU, it is possible to obtain up to 1:30, unless you’re classed as a professional.

Product Plus500 maximum leverage eToro maximum leverage Kraken maximum leverage
Stock CFDs 1:5 1:5
ETF CFDs 1:5 1:5
Forex CFDs 1:30 1:30
Crypto CFDs 1:2 1:2
Index CFDs 1:20 1:10
Commodity CFDs Up to 1:20 1:10
View more > Plus500 > eToro > Kraken >

What are the spreads?

The spread is the difference between the ask and bid price; the closer these numbers are, the better. Plus500 is not too transparent on the specific spreads for each market, although it promises ‘tight spreads’. 

However, you also need to consider that spreads can be dynamic and move based on market trends. Spreads are also different for each asset class. 

Product Plus500 spreads eToro spreads Kraken spreads
Stock CFDs 0.10% 0.15%
ETF CFDs 0.10% 0.15%
Forex CFDs 0.8 pips From 1 pip
Crypto CFDs 2% 1%
Index CFDs 0.20% From 0.75 points
Commodity CFDs 0.50% From 2 pips
View all tradable assets > Plus500 > eToro > Kraken >

Plus500 trade sizes and limits

The minimum trade sizes vary depending on what asset you’re trading. With forex, for example, you can use micro lots (0.01 lots). For shares, the minimums are higher and depend on what stock you’re buying or selling. Below is the minimum trade size for each asset class on Plus500. 

Product Plus500 minimum trade eToro minimum trade Kraken minimum trade
Stock CFDs $10 $10
ETF CFDs $10 $10
Forex CFDs 0.01 lots $33.34*
Crypto CFDs $0.10 $10
Index CFDs $10 $1,000
Commodity CFDs $10 $1,000
View more > Plus500 > eToro > Kraken >


Which stocks are available on Plus500?

On Plus500 you can trade over 2,800 stocks and ETFs from some of the world’s largest and most popular exchanges. Here is a look at how many stocks are available on Plus500 from various countries. 

Country No. of stocks on Plus500
United States 543
United Kingdom 63
Germany 47
France 33
Japan 27
Canada 19
Australia 13
Switzerland 12
Netherlands 7
Spain 6
Italy 4
Belgium 4
Finland 2
Austria 2
Portugal 4
Poland 4
Greece 3
Norway 7
Sweden 6
Denmark 14
South Africa 21
Singapore 14
View more > Plus500 >

Note that all listed instruments on Plus500 are available to trade as CFDs.

What are the fees for buying and selling stocks?

As Plus500 is a CFD broker, there are no fees directly associated with buying or selling stocks. However, you will need to pay the spread, which can fluctuate, and is different for each share. The average spread on stocks for Plus500 is around 0.10%. 


What cryptocurrency pairs can be traded on Plus500?

There are 19 crypto CFDs available on Plus500. Along with the biggest coins like Bitcoin and Ethereum, there is a small choice of altcoins. Here’s a look at the cryptocurrency pairs on Plus500. 

Cryptocurrency Cryptocurrency Cryptocurrency
Bitcoin (BTC) Ethereum (ETH) Litecoin (LTC)
Stellar (XLM) Cardano (ADA) NEO (NEO)
VeChain (VET) Polygon (MATIC) Polkadot (DOT)
Axie Infinity (AXS) Uniswap (UNI) Filecoin (FIL)
Chainlink (LINK)
View more > Plus500 >

Note that all listed instruments on Plus500 are available to trade as CFDs.

What are the fees for buying and selling cryptocurrencies?

Like other markets on Plus500, there are no direct trading fees for cryptocurrency. However, you will be charged a spread, which is variable for each crypto pair. The average cryptocurrency spread on Plus500 is 2%. 

Does Plus500 offer staking and rewards?

No, Plus500 is a CFD broker and does not offer staking and rewards. It only allows you to go long or short on the cryptocurrencies it offers. 


What forex pairs can be traded on Plus500?

Plus500 has a good choice of forex pairs available. Along with the majors, you can trade the minors and some exotics. Here’s a look at some of the forex trading pairs on Plus500. 

Currency pair Currency pair Currency pair
View more > Plus500 >

Note that all listed instruments on Plus500 are available to trade as CFDs.

What are the minimum spreads for trading forex?

Forex spreads on Plus500 are variable, which means they can change depending on market conditions. The average spread for forex Plus500 is 0.8pips. 


What commodities can be traded on Plus500?

There are over 20 commodities available on Plus500. You can trade precious metals like gold and silver, oil, and grains like wheat. Below are all of the commodities Plus500 offers.

Commodity Commodity Commodity
Gold Silver Brent oil
Heating oil Palladium Platinum
Corn Gasoline Natural gas
Lean hogs Wheat Live cattle
Sugar Cocoa Soybeans
View more > Plus500 >

Note that all listed instruments on Plus500 are available to trade as CFDs.

What are the minimum spreads for trading commodities?

The minimum spread for commodities on Plus500 is 0.50%. For the larger commodities such as gold and oil, spreads are generally tighter than compared to the likes of Soybeans and Cotton. 

Deposits & withdrawals

What are the minimum & maximum deposits?

For deposits, Plus500 allows a minimum deposit of 100 units equivalent to the local currency depending on your country. If you are trading cryptocurrency in the UK for instance, then your minimum deposit will be a minimum of £100. 

The maximum limits will be dependent on your source of deposit, with bank transfers offering the highest deposit limits.

Payment method Minimum deposit (USD)* Maximum deposit (USD)
Debit/credit card $100 No maximum
Bank transfer $100 No maximum
PayPal $100 No maximum
Skrill $100 No maximum
Pay Now $100 No maximum
POLi $100 No maximum
View more > Plus500 >

What are the minimum and maximum withdrawals?

For PayPal and Skrill payments, the withdrawal limit is 10 USD, or the equivalent value of the currency chosen. On the other hand, credit cards and bank transfers have a minimum withdrawal limit of 100 USD. 

In case you need to withdraw lower than the minimum stipulated, you will incur a fee of 10 USD.

Payment method Minimum withdrawal Maximum withdrawal
Debit/credit card $10 No maximum
Bank transfer $100 No maximum
PayPal $10 No maximum
Skrill $10 No maximum
Pay Now $10 No maximum
POLi $10 No maximum
View more > Plus500 >

What are the deposit and withdrawal options fees, limits, and speeds?

There are no fees for making a withdrawal in most cases.

Payment method Withdrawal fee Withdrawal speed
Debit/credit card None 1 – 3 business days
Bank transfer None 3 – 5 business days
PayPal None 1 – 3 business days
Skrill None 1 – 3 business days
Pay Now None 1 – 3 business days
POLi None 1 – 3 business days
View more > Plus500 >

Fees & costs

How do Plus500 fees work?

Plus500 does not charge any commissions to trade since its income solely depends on the spread applied. Spread is the difference between the bid (buying) and ask (selling) price of the cryptocurrency in question.

Note that in addition to the below fees, there is a fee for using the Guaranteed Stop Order feature, which is paid through higher spreads.

However, other notable non-trading fees apply:

Fee Plus500 fees eToro fees Kraken fees
Trading fees No Yes, on certain assets
Inactivity fees Yes Yes
Rollover/overnight fees Yes Yes, on CFDs
Withdrawal fees No Yes
Spreads Yes Yes, on certain assets
Conversion fees Yes Yes, for non-USD currencies
View more > Plus500 > eToro > Kraken >
Great, I’m Ready to Sign Up Now

CFD service. 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.

What are Plus500’s trading fees?

Plus500 charges a spread each time you buy or sell an asset. Spreads are different for each market and can fluctuate depending on various factors. Here’s a breakdown of the average spreads and fees on Plus500. 

Asset Plus500 fees eToro fees Kraken fees
Cryptocurrencies From 2% 1%
Commodities From 0.04% From 2 pips
Currencies From 0.8% From 1 pip
Indices From 0.7% From 0.75 pts
Stocks From 0.08% 0% commission
View more > Plus500 > eToro > Kraken >

Platforms & usability

What devices can I use Plus500 on?

The broker uses two basic platforms: its website and mobile app. These platforms are intuitive and user-friendly, even for a new trader, and since they support several operating systems such as iOS, Windows and Android, you can use Plus500 on:

Device Browser/operating system
Web browser Google Chrome, Microsoft Edge, Mozilla Firefox, Safari
Mobile app iOS, Android
Tablet iOS, Android
View more > Plus500 >

Plus500 mobile app review

Plus500’s mobile trading platform is available both as a web-based option and a mobile trading app. The app is more tailored to make trading more convenient on your phone, but visiting the mobile-optimised site is far from difficult.

Web trading platform

The most important question any user has is: How convenient is it to use Plus500?

Plus500 features an intuitive design, and is available in over 32 languages, meaning the user experience is great no matter who you are. Since the web-based platform does not need any installation or software download, it’s easily accessible from most countries around the world. 

Plus500’s platform is user-friendly, with clearly labelled sections, intuitive enough to be understood by first-time users. The design allows you to quickly navigate through to find the Crypto CFD section that is available both on the drop-down menu under instruments as well as a clickable section right on the homepage.

The trading screen has been partitioned into 3 basic sections, whereby the menu functions are found on the left side of the trading screen. The upper part, on the other hand, shows the available trading assets while the lower section has the trading charts that you can view either as a line or bar chart.

Desktop trading platform

There is no Plus500 desktop trading platform. The online broker can only be accessed via its web based or mobile platforms. 

Key features

Take profit 

When trading on Plus500, you can use take profit levels to automatically close out your trades the moment it reaches the assigned profit level. Using take profits makes it easy for you to not have to sit in front of your computer all day watching the charts. 

Stop losses

Like a take profit level, you can use a stop loss to close a trade once it reaches a predetermined price level. A stop loss is kind of like a safety net, one which can limit the amount of money you’ll lose should a trade go against you. 

Guaranteed stop loss

In addition to a regular stop loss, on Plus500, you can use a guaranteed stop loss. As its name suggests, a guaranteed stop loss will close your trade at a specific level, no matter what the market is doing. Often, during times of high volatility, you may encounter slippage, which is when the market moves too fast and your order is filled at a different price. 

Slippage can be costly, especially when it goes against you as you’ll lose more money than expected. The guaranteed stop loss offered by Plus500 guarantees your trade will be closed at the price you want. However, for this guarantee, you’ll need to pay a small fee. 

Price alerts

This warns you in case a trade reaches a certain price. Unlike a stop order that closes a trade, a price alert simply works as a tool to help you keep track of market developments and make a decision on up-to-date information

Security & reliability

Is Plus500 secure?

Yes, Plus500 utilises advanced security measures and infrastructure to provide a secure trading experience for users. Funds are kept in segregated bank accounts, separate from company finances, ensuring your money remains protected. 

Plus500 uses 256-bit SSL encryption and secure protocols to protect sensitive data. In accordance with EU law, Plus500 is also obligated to offer Negative Balance protection, which protects users from unlimited losses.

Is Plus500 regulated?

Plus500 operates through several subsidiaries and each of these is regulated under that country’s relevant jurisdiction:

  • Plus500CY Ltd is under the authorization and regulation of the Cyprus Securities Exchange Commission (#250/14). Plus500CY participates in the Investor Compensation Fund for clients of Investment Firms regulated in the Republic of Cyprus. The ICF compensates the covered Clients up to EUR 20,000 in case the company fails to fulfil its obligations towards its clients.
  • Plus500AU Pty Ltd (ACN 153301681), licensed by: ASIC in Australia, AFSL #417727, FMA in New Zealand, FSP #486026; Authorised Financial Services Provider in South Africa, FSP #47546. As much as it may not have a compensation plan yet, it holds your funds in a segregated client bank account.
Region Plus500 regulators eToro regulators Kraken regulators
Africa FSA
Australasia ASIC, FMA ASIC
North America FinCEN
South America
View more > Plus500 > eToro > Kraken >

Plus500 customer support review

Plus500 offers customer support 24/7 through email and live chats. Their email support is available in multiple languages, giving you a greater variety to choose the most comfortable for you. 

If for any reason the live chat is not available you can still reach them through its ‘Contact Us’ form. Plus500 does not have telephone support, so if you need a faster response than email, its live chat is the best option.

Support type Plus500 customer support eToro customer support Kraken customer support
Help Centre/FAQs Yes Yes
Email Yes Yes
Live chat Yes Yes
WhatsApp Yes Platinum, Platinum+, and Diamond members only
Telephone No No
View more > Plus500 > eToro > Kraken >

What are the risks of using Plus500?

Like with any type of online trading, the main risk is losing money. However, this is largely down to your skills as a trader as opposed to Plus500 itself. Here are a few more risks you need to consider before using Plus500. 

  • Leveraged trading is not for beginners. Using leverage while trading can be of great benefit, especially if you have a small amount of funds available. Leverage can magnify your gains and losses. If you’re not careful, then trading while using leverage can be very costly, especially if you don’t know what you’re doing. 
  • The crypto market is volatile. Plus500 is one of the few CFD brokers that allows for crypto trading. It is important to remember that the cryptocurrency industry is notoriously volatile and large moves occur often. If you’re on the wrong side of the market, you can quickly lose money. 
  • Spreads can change. The spreads on Plus500 are variable, which means they can fluctuate depending on market conditions. You should be careful with variable spreads as the price you see on screen could quickly change. 

Research & analysis tools

What trading tools are on offer?

The Plus500 trading platform has an extensive range of tools available. You can choose which type of chart you want to use, read the latest market news, and more, all within its proprietary platform. Here’s a look at what else is available on the Plus500 platform. 

Trading tool Plus500 tools eToro tools Kraken tools
Charts Yes Yes
News feeds Yes Yes
Analyst recommendations Yes Yes
Fundamental analysis Yes No
Financial calendar Yes Yes
MetaTrader integration No No
View more > Plus500 > eToro > Kraken >

Backtesting tool

The Plus500 backtesting tools allow you to test trading strategies using historical market data. This makes it easy for traders to analyse how well their system would have performed in the past and can help implement it into live market conditions. 

News Feed

Within the Plus500 trading platform is a news feed with a constant stream of the latest market news and developments. The news feed is a top way to stay updated with the latest happening in the market. You can also configure the news feed to filter markets you’re not interested in. 

Portfolio analysis tool

The Plus500 portfolio analysis tool helps track your performance over time. However, it is essential to remember that this tool does not consider all of the factors that can affect your trading performance, such as your trading fees and risk management.

Education & learning resources

What educational resources are on offer?

On the Plus500 website, there is a whole section dedicated to education. The resources available are vast and you’ll find lots of helpful information. Here’s a look at what education and learning resources are available on Plus500. 

Educational resource Plus500 resources eToro resources Kraken resources
Demo/virtual account Yes Yes
Video tutorials/webinars Yes Yes
Walkthrough guides Yes Yes
Copy trading No Yes
Trading academy Yes Yes
View more > Plus500 > eToro > Kraken >


You can use the +Insights tool on Plus500 on either its web platform or mobile apps. The +Insights tool allows you to monitor, in real time, what other traders on the Plus500 network are doing. You can see what others are trading right now, what markets are popular, and analyse activity. +Insights is an excellent tool which is similar to copy trading, without actually copying other traders. Using +Insights you can make your own trading decisions based on the insights of others. 

Trading academy

The Plus500 trading academy is a comprehensive suite of educational content designed to improve your skills as a trader. Within the academy are videos, FAQs, and eBooks all covering various topics. Everything has been categorised into easy to understand segments making it easy to start learning. 

Risk management tools

There are a range of risk management tools that you can use as a Plus500 trader. Firstly, there are regular stop losses, which protect your trades if the market moves against you. You can also use guaranteed stops, which, as the name suggests, guarantee your stop will be filled without the risk of slippage. 

Plus500 video review

Plus500 customer reviews

Plus500 has tens of thousands of reviews on third party review websites. As it’s such a large broker, there are many positive and negative reviews. Overall, its scores are above average, signalling other traders are happy with its service. Below are its scores from three leading review sites. 

Review source Plus500 rating eToro rating Kraken rating
Trustpilot 4 4.4
Google Play Store 4.3 4.1
App Store 4.1 3.8
View more > Plus500 > eToro > Kraken >

Our verdict

Looking at what the platform has to offer to traders, it is safe to conclude that this is one of the best multi asset trading platforms around. Plus500 is a reputable company regulated by the FCA, and offers a very user-friendly interface that allows you to trade various markets using CFDs. Unlike some other platforms, it also allows you to trade crypto with a leverage of 1:2.

Plus500 stands out with the proprietary software that makes it possible for its users to experience an intuitive interface to make trades across multiple markets right from one screen. The ability to switch between different trading positions and live streaming quotes of financial assets makes Plus500 a solid option for CFD trading.

The broker has done its best to remain transparent, considering the load of information that has been kept visible to traders. This includes spread percentage, maintenance margin and minimum trade amount. Because most brokers tend to hide this information or change most of its trading conditions without notice, this is a positive gesture from Plus500.

Visit Plus500 & Create Account

CFD service. 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.

Who is Plus500 suitable for?

Plus500 is suitable for all types of traders. Beginners can use its vast educational content and experienced traders can access their favourite markets from a choice of nearly 2,000. Plus500 is one of the best online brokerage platforms that truly caters to all levels of experience and there is something for everyone. 

Is Plus500 good for beginners?

Yes, is an excellent choice for beginners. Plus500 offers a free, unlimited demo account where you can practice using a wide range of educational content, on its proprietary trading platform is designed for simplicity. That means beginners won’t get confused with lots of information and can focus on developing their trading skills. Beginners can also use +Insights, a tool offered by Plus500 that allows you to monitor what other traders on the network are doing. 

Our methodology

Helping people make better financial decisions is at the heart of our mission at Invezz. 

We test each broker to provide clear, accessible guidance on the service it offers and how it compares to the 63+ other trading platforms we review. Testing is carried out by our panel of industry experts, analysts, and active traders who sign up to the platform, conduct research, and score the service.

To supplement our practical testing and experience, we research the service to gather any further relevant information and provide context to help you decide whether the broker is right for your investing needs. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.

The trading platform is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational & learning resources.

We work closely with the individual brand to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process

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. You must learn first.


Who owns Plus500?
How does Plus500 make money?
Does Plus500 offer CFD trading?
How do I delete my Plus500 account?
Can I transfer from my Plus500 account into my PayPal account?
Can I pay in cryptocurrency on Plus500?
Does Plus500 offer bonuses?

Sources & references
Risk disclaimer
Prash Raval
Financial Writer
Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.

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