Plus500 checks off many of the surface-level features traders often look for in a trading platform. With its strong lineup of CFDs and forex tools, it’s recognized globally for its tier 1 regulations, low fees, and a platform that’s easy to use.
That’s why it’s fair to ask: Is Plus500 worth it?
This TRU Insight offers a balanced review, covering both the strengths and the issues based on firsthand experiences from our verified traders.
Service outages, withdrawal delays, and how the platform operates overall give a clearer picture of what you might need to weigh before diving in.
Read through this full review before deciding whether to log in and start trading with Plus500.
What is Plus500 Company & Summary Overview
Plus500 was founded in 2008 by six alumni: Alon Gohen, Elad Ben Yitzhak, Sholomi Weisman, Shimon Sofer, Gal Haber, and Omer Elazari.
The company is headquartered in Haifa, Israel, with David Zruia currently serving as CEO.
Its core strength lies in the Contract for Difference (CFD) and futures trading, which has become its focus over the years.
Here’s a quick look at some of the core features Plus500 brings to the table:
| Features | Details |
| Financial Instruments | Forex, Stocks, Commodities, Indices, Crypto, Bonds, Options, Futures, and ETFs |
| Trading Platforms | Plus500 Software (Web and Mobile) |
| Payment and Withdrawal Options | Debit/Credit Card, E-Wallets, and Bank Transfers |
| Demo Account | Available |
| Minimum deposit | $100 |
| Leverage | 1:30 |
| Commission | None |
| Spread | Variable |
Want to know how Plus500 performs beyond the surface? Inside CommuniTrade, verified traders share real experiences, platform insights, and practical tips.
It’s also a space where you can access educational tools and stay informed about legitimate trading options.
Concerns and Regulatory Background
Some issues were traced back to 2014, when the Financial Conduct Authority (FCA) investigated Plus500. The findings revealed that client verification was only done during withdrawals, not at account registration.
Rival firms amplified these concerns. But Plus500 responded with stronger oversight and began securing licenses from top-tier regulators across major financial markets.
Here’s a full guide to its current licenses:
| Financial Regulators | License Number |
| Financial Conduct Authority (FCA) | 509909 |
| Securities Exchange Commission | 250/14 |
| Securities and Commodities Authority (SCA) | 20200000232 |
| Australian Securities & Investment Commission (ASIC) | 417727 |
| Financial Sector Conduct Authority (FSCA) | 47546 |
| Commodities Futures Trading Commission (CFTC) | 0001398 |
These licenses show how Plus500 rebuilt its reputation after early compliance issues. It now operates under 15 regulatory bodies globally.
For traders, this means tighter oversight, better transparency, and stronger protection. Always check a firm’s license before signing up because it’s your first line of defense.
Moreover, the additional layer of transparency is commendable, knowing that Plus500 is also listed on the London Stock Exchange (LSE). This means that it’s a constituent of the FTSE 250 Index and is subject to public scrutiny.
Plus500 Full Review of Features
Plus500 may tick off all the checklists a trader could ask for, but for you to be aware of its actual performance, here’s an unbiased review of its features:
User Interface and Platform Accessibility (4/5)
Plus500 has a simple layout that’s easy to use for both new and experienced traders. You can trade on desktop or mobile, and it covers forex, crypto, commodities, and more.
From our in-platform analysis, users liked the demo mode and found the platform smooth to navigate. Some did report trouble accessing their accounts during busy trading hours, especially when the site went down.
Trading Instruments and Market Coverage (4/5)
The platform offers a wide range of trading instruments. This gives traders flexibility to explore different markets.
Based on hands-on testing, users found the selection solid, especially for major forex and crypto CFDs. But since trades are based on price movements, you don’t actually own assets like Bitcoin.
Some reviews in our trading community pointed out that Plus500 doesn’t offer a Bitcoin wallet, which might be a downside for some.
Account Management and Withdrawals (3/5)
Setting up an account is quick, and you can fund or withdraw using bank transfers, cards, or e-wallets. Withdrawals usually take a few business days.
Some users said their withdrawals were delayed due to account verification. A few accounts were flagged, often linked to scalping, which caused frustration due to unclear timelines.
Customer Support and Service Reliability (3/5)
Support is available through email and live chat. It’s meant to help with account issues, trading problems, and general questions.
However, mixed feedback doesn’t guarantee much assurance. Some users got fast replies, while others waited longer, especially when dealing with restricted accounts or withdrawal concerns.
Fees and Pricing Structure (4/5)
Plus500 doesn’t charge commissions. Instead, it earns through spreads, which vary depending on the asset. There are also fees for overnight positions, inactivity, and currency conversion.
In side-by-side tests with other brokers, Plus500’s spreads were competitive, especially for major forex pairs. Some users liked the clear pricing, but others felt the extra fees added up over time.
What are the Pros and Cons of Plus500?
Weighing the strengths and risks when reviewing a company is still important to pinpoint which features you can and cannot tolerate.
Here’s a full guide for you to assess it carefully:
| Pros | Cons |
| User-friendly Platform | Lack of advanced trading platforms |
| Regulated by multiple top-tier authorities | High CFD trading fees |
| No deposit and withdrawal fees | No discounts for active retail traders |
| Competitive Spreads | Lacks options for copy and social trading |
| Free and Unlimited Demo Account | Research and Educational Tools are average |
| Offers share and futures trading via Plus500 Invest | Lack of a crypto payment option |
Read more: CFD Trading in SA: What Is It + 3 Brokers to Choose
Frequently Asked Questions (FAQ)
How to trade forex on Plus500?
Log in to your Plus500 account, search for a forex pair, and click buy or sell. You can set the amount, add stop orders, and manage your trade from the dashboard.
How to withdraw money from Plus500?
Go to the “Funds” section, choose “Withdrawal,” pick your method, and fill out the form. Withdrawals usually take 1–3 business days.
Plus500 bitcoin wallet?
Plus500 doesn’t offer a Bitcoin wallet. You trade Bitcoin as a CFD, which means you don’t own actual coins.
Final Verdict: Is Plus500 Still Worth It In 2025
Plus500 remains a solid choice for traders who value simplicity, regulation, and access to a wide range of instruments.
It suits beginners who want a clean interface and a demo account to practice, as well as casual traders who prefer straightforward pricing without commissions.
However, for more advanced users who rely on fast execution, deeper analytics, or crypto ownership, the platform may feel limited.
If you’re still weighing your options, it helps to connect with verified traders who’ve used the platform firsthand.
Our community offers a space to ask questions, share experiences, and learn from others. You’ll also find educational tools to sharpen your skills and stay informed about legitimate financial opportunities.
