Our verdict
Plus500 is a CFD provider with its own clear platform and more than 2,800 CFDs. Its parent company is listed on the London Stock Exchange. Strong on regulation and ease of use, less suitable if you want MetaTrader or tight spreads.
Scores
Overall score
Pros
- Parent company listed on the London Stock Exchange (FTSE 250)
- EU licences with investor compensation up to €20,000
- Clear platform with guaranteed stop-loss and price alerts
- More than 2,800 CFDs on forex, indices, commodities, shares, ETFs and crypto
- Free demo account with no time limit
Cons
- No MetaTrader, cTrader or TradingView
- Variable spreads with no published typical spreads
- Inactivity fee after only 3 months
- No phone support
Costs
Spread plus commission for one standard lot, round turn.
| Pair | Typical spread |
|---|---|
| EUR/USD | 1.3 pip |
- Cost per lot EUR/USD
- €11.98
- Commission
- No commission
- Overnight financing
- Daily percentage of the position value, separate for buy and sell. Shown per instrument in the platform.
- Inactivity fee
- Up to US$10 per month after 3 months without logging in.
- Withdrawal fee
- Usually free. Under its terms, fees may apply from the sixth withdrawal in a month or below the minimum amount. Currency conversion fee of up to 0.7% on results in another currency.
Licences
- View in register
EFSA
Finantsinspektsioon (Estonian Financial Supervision and Resolution Authority)
- Legal entity
- Plus500EE AS
- Licence number
- 4.1-1/18
- Last verified
- 26 October 2026
- View in register
CySEC
Cyprus Securities and Exchange Commission
- Legal entity
- Plus500CY Ltd
- Licence number
- 250/14
- Last verified
- 26 October 2026
Key facts
- Minimum deposit
- €100
- Max. leverage (retail)
- 1:30
- Instruments
- 2,800+ instruments
- Platforms
- Web trader, Proprietary
- Demo account
- Yes
- Customer service
- 24/7 via chat, WhatsApp and email; no phone support
- Founded
- 2008
- Headquarters
- Haifa, IL
Regulation and safety
Plus500 serves EU clients through two licensed entities. Plus500CY Ltd in Limassol, licensed by the Cyprus Securities and Exchange Commission (CySEC, licence 250/14), serves countries including Germany, France, Spain, Austria, Finland, Sweden, Greece and the Czech Republic. Plus500EE AS in Tallinn, licensed by Estonia's Finantsinspektsioon (licence 4.1-1/18), serves the Netherlands, Poland, Ireland and Denmark. Both entities provide services across the EEA under the European passport. Plus500 does not accept new clients from Belgium.
Client money is held in segregated accounts and retail clients have negative balance protection. Depending on the entity, the Cypriot Investor Compensation Fund or the Estonian investor protection fund covers up to €20,000 per investor if the broker fails. The parent company Plus500 Ltd has been listed on the London Stock Exchange since 2013 and publishes annual results. We found no fines from European regulators in the past five years.
Costs
Plus500 charges no commission on CFDs; its fee is built into the spread. Spreads are variable and Plus500 publishes no typical values: you see the live spread per instrument in the platform. In independent measurements the average EUR/USD spread was around 1.3 pips, higher than at brokers with a raw account.
Also bear in mind:
- Overnight financing on positions held overnight, as a daily percentage of the position value.
- An inactivity fee of up to US$10 per month if you don't log in for three months.
- A currency conversion fee of up to 0.7% when an instrument is priced in a different currency from your account.
- A guaranteed stop-loss is available, but comes with a wider spread.
Platform and range
You trade through Plus500's own platform: a web trader and apps for iOS and Android. It is clear and easy to learn. Useful risk tools include the guaranteed stop-loss, trailing stop and price alerts. There is no MetaTrader, cTrader or TradingView integration, so automated trading is not possible.
The range covers more than 2,800 CFDs on forex, indices, commodities, shares, ETFs, options and crypto. Plus500 also offers real share investing (Plus500 Invest) in some EU countries, but not in all of them.
Education and support
The demo account is free and has no time limit. The Trading Academy offers articles, videos, an e-book and webinars, though it is less in-depth than at brokers that focus on education. Support is available 24/7 via chat, WhatsApp and email. There is no phone support.
Who is Plus500 for?
Plus500 suits traders who want a simple, well-regulated platform and don't need MetaTrader or automated trading. Frequent, cost-focused traders pay relatively wide spreads here.
Plus500
Traders who want a simple proprietary platform
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Frequently asked questions
Which Plus500 entity will I be a client of?
That depends on your country. Plus500CY Ltd (CySEC 250/14) serves countries such as Germany, France and Spain; Plus500EE AS (Estonian FSA 4.1-1/18) serves countries such as the Netherlands, Ireland and Denmark. Both are EU-licensed.
Does Plus500 charge commission?
No. Plus500 charges no commission on CFDs; the cost is in the spread. Financing, inactivity and conversion fees may also apply.
Can I use MetaTrader with Plus500?
No. Plus500 only offers its own web platform and apps.
Editorial team
- Follows a fixed, public review methodology
- Verifies licences directly with the regulator
- Takes costs from brokers' official price lists