Plus500

In addition to its cutting-edge technology and financial instruments, it enjoys high customer satisfaction ratings, especially on mobile platforms. The company’s mission is to offer intuitive and reliable trading experiences while continuing to expand its product offerings and global market presence.

Safety and Security

When it comes to safety and security, Plus500™ prioritizes the protection of its users’ funds and personal data. The platform operates under strict regulatory oversight, with client funds held in segregated trust accounts to ensure transparency and security. Plus500AU Pty Ltd is regulated by ASIC in Australia, which mandates that the company comply with rigorous financial practices, offering customers peace of mind.

The platform also adheres to the highest security standards in terms of data protection. It ensures that all communications are conducted securely, with clients advised to only trust emails and communications originating from its official domains. As part of its commitment to safety, it also provides a clear complaints process and a dedicated customer service team available 24/7 for any support needed.

Minimum Deposit and Account Types

Plus500 provides an easy and affordable way for traders to enter the market, with a relatively low minimum deposit requirement of just $100 (or its equivalent in other currencies). This makes it an appealing option for beginners and those wishing to explore trading with a modest initial investment.

Plus500 offers two primary account types: the Real Account, for live trading with real funds, and the Demo Account, which allows traders to practice and get acquainted with the platform using virtual funds.

Trading Platforms and Tools

Plus500 offers a comprehensive and user-friendly trading platform, providing access to a wide range of financial instruments, including CFDs on global markets. Traders can take advantage of fast and reliable order execution, no commissions, and tight spreads. With advanced analytical tools, real-time quotes, and leverage of up to 1:30, Plus500 makes it easier for traders to engage in leveraged trading.

Fees, Spreads, and, Commissions

Plus500 offers a competitive and transparent fee structure, designed to ensure that traders know exactly what to expect. Most of the platform’s services are free of charge, including deposits, live share CFD prices, real-time forex quotes, and dynamic charts. Plus500 primarily makes its revenue through the Buy/Sell spread, which is the difference between the price you can buy an instrument for (Ask) and the price you can sell it for (Bid). This spread is incorporated into the quoted rates, so you don’t pay extra beyond the listed price.

There are a few additional fees that may apply depending on your trading activity. For example, overnight funding charges may apply if you hold positions overnight, and a currency conversion fee may be levied if your trade is in a different currency than your account. 

Deposit and Withdrawal

Plus500 provides a range of deposit and withdrawal options to accommodate traders worldwide. Available methods include Visa and MasterCard cards (with some regional restrictions), electronic wallets such as PayPal and Skrill, and bank transfers for direct payments between accounts.

To make a deposit, simply go to the Funds section, select Deposit, choose your preferred method, and complete the necessary fields. For withdrawals, the process is similar: select Funds, then Withdrawal, choose your preferred withdrawal option and submit the required information.