
Summary
Pros | Cons |
---|---|
Globally Regulated | No Educational Resources |
Listed on FTSE250 | Very limited News & Research |
Good selection of Markets | Inactivity fees |
Only offers CFDs |
Regulation & Security
Website: https://www.plus500.com
Trading Name: Plus500
Regulation: FCA | ASIC | CySEC | FMA | FSCA | MAS
Risk Warnings: 80.5% 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
Established: 2008
Number of Employees: N/A
Head Office Location: Israel
Listed Company: Public (FTSE250)
FBS Balance Protection: Yes
Segregated Funds: Yes (Tier 1 Bank)
Peer Review: Trust Pilot Great Rating from 1015 reviews in UK but poor from 902 reviews .com, FXP 1.67 from 147 reviews
Markets
Market Type | Number of Markets | Leverage |
---|---|---|
FX | 61 | Up to 30:1 |
Indices | 29 | Up to 20:1 |
Shares | 1816 | Up to 5:1 |
Commodities | 17 | Up to 20:1 |
Crypto | 14 | 5:1 |
Options | 875 | Up to 5:1 |
ETFs | 95 | Up to 5:1 |
Account Types
Account Type | Minimum Trade Value | Minimum Deposit | Guaranteed Negative Balance | |
---|---|---|---|---|
Mini account | ✗ | |||
Standard account | ✓ | See Website | £100 | ✓ |
Islamic account | ✓ | See Website | £100 | ✓ |
Professional account | ✓ | See Website | £100 | ✓ |
Corporate account | ✗ | |||
Demo | ✓ | |||
Social + Copy Trading | ✗ | |||
Stock Broking | ✗ | |||
Ready Made Portfolios | ✗ | |||
Regular Saving Investment | ✗ |
Funding & Withdrawals
Credit cards | Debit Cards | Bank Transfer | PayPal | Skrill | Payoneer | Neteller | Crypto Currencies |
---|---|---|---|---|---|---|---|
✓ | ✓ | ✓ | ✓ | ✓ | ✗ | ✗ | ✗ |
Withdrawals: 2-5 Days
Pricing & Execution
Major Markets
GBP/USD | EUR/USD | USD/JPY | EUR/GBP | FTSE100 | Wall St | German 30 | US 500 |
---|---|---|---|---|---|---|---|
0.7 | 0.6 | 1.1 | 2.4 | 2.8 | 3 | 2 | 0.8 |
Apple | Tesla | Barclays | BP | Bitcoin | Ether | Brent Crude Oil | Gold |
---|---|---|---|---|---|---|---|
0.06 | 0.95 | 0.4 | 1.25 | 36 | 1.19 | 2 | 2.5 |
Commissions & Fees
Overnight Financing | Inactivity Fee | Deposit Fee | Withdrawal Charges | CFD Commissions | Guaranteed Stop Loss | Phone Dealing | Management Fees | Share Dealing Costs | Reinvestment Income Charge | FX Charges | Papter Statements |
---|---|---|---|---|---|---|---|---|---|---|---|
Yes | Yes | No | No | Spread only | Yes | No | N/A | Spread only | N/A | N/A | N/A |
Platforms
Desktop | Mobile Trading | MetaTrader 4 | MetaTrader 5 | Proprietary Platform |
---|---|---|---|---|
✓ | ✓ | ✗ | ✗ | ✓ |
Charts
Charting Indicators | Charting Drawing Tools | Trade From Chart | Watchlists |
---|---|---|---|
100 | 21 | ✗ | 10 |
Risk Management Tools
Guaranteed stop-loss orders | Market orders | Partially close trades | Limit and stop entry orders | Take-profit orders | Stop-loss orders | Trailing stop-loss orders | Boundary orders | Automatic account close-out | Complete close-out | Last trade in | first out | Largest position margin first | Largest position loss first | Price Alerts | One-click Execution | OCO Orders |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✓ | ✗ | ✗ |
Customer Service
Phone | Live Chat | Forums | FAQs | Multilingual | |
---|---|---|---|---|---|
✗ | ✓ | ✓ | ✗ | ✓ | 32 |
Education Resources
Demo account | General educational articles | General educational videos | Dedicated Education Centre | Seminar & Webinars | Platform tutorial videos | Trading Community |
---|---|---|---|---|---|---|
✓ | ✗ | ✗ | ✗ | ✗ | ✓ | ✗ |
Research & News
Daily Market Commentary | News Service | Signals | Research | Technical Analysis | Sentiment Analysis | Economic Calendar | Blogs |
---|---|---|---|---|---|---|---|
✗ | ✗ | ✗ | ✗ | ✗ | ✓ | ✓ | ✗ |
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