Read our brief overview of international forex broker, Plus500 before you trade.
Founded in 2008, Plus500 is a globally recognised forex and CFD broker operating across more than 50 countries. The company offers commission-free trading with tight spreads on over 2,800 instruments, covering forex, indices, commodities, shares, ETFs, and cryptocurrencies. As a multi-regulated broker, Plus500 supports clients through 24/7 multilingual customer service and provides traders with a strong suite of analytical resources through its proprietary +Insights platform.
Despite its broad international presence, Plus500 has faced several regulatory issues in the past. In 2012, the UK’s Financial Conduct Authority (FCA) fined the company £205,128 for transaction reporting failures between 2010 and 2011. Later, in 2015, Plus500 temporarily froze around 55% of its UK client accounts while strengthening its anti-money-laundering procedures, an event that caused a sharp drop in its share price.
Overall, Plus500 remains a well-known name in online trading, combining a user-friendly platform with global reach, although traders should remain mindful of its regulatory history.
Company Name | Plus500 |
Established | 2008 |
Headquarters | Haifa, Israel |
Regulation | FCA (United Kingdom), CySEC (Cyprus), ASIC (Australia), FSCA (South Africa) |
Trading Platforms | Plus500 WebTrader, Mobile App |
Account Types | Retail, Professional |
Account Currency | USD, EUR, GBP, and more |
Tradable Instruments | Forex, Stocks, Commodities, Cryptocurrencies, Options, ETFs |
Minimum Deposit | $100 |
Customer Support | 24/7 (Email, Live Chat) |
Additional Features
Feature | Availability |
Regulated Broker | ✅ |
Trading Contests | ❌ |
Mobile Trading | ✅ |
Educational Resources | ❌ |
Web-Based Platform | ✅ |
Research Tools | ❌ |
MetaTrader Platforms | ❌ |
Accept US Clients | ❌ |
Accept EU Clients | ✅ |
Swap-Free / Islamic Accounts | ✅ |
Copy Trading | ❌ |
Demo Accounts | ✅ |
Negative Balance Protection | ✅ |
Segregated Accounts | ✅ |
Virtual Private Servers (VPS) | ❌ |
24/7 Support | ✅ |
Inactivity Fees | ✅ |
Promotions | ❌ |
Hedging Allowed | ❌ |
