Forex Ranker
Plus500
Editorial review

Plus500Broker review

A publicly traded FTSE 250 CFD giant, Plus500 delivers a streamlined, commission-free trading experience through a proprietary, easy-to-navigate platform. It is designed for traders who prioritize uncluttered execution, transparent spread-based pricing, and guaranteed risk controls.

Last updated August 2026

80/ 100

Model score

4.5/ 5

Editorial rating

Regulation

Heavily licensed worldwide by Tier-1 authorities including the Financial Conduct Authority (FCA

Min. deposit

$100 for credit/debit cards and electronic wallets; $500 for bank wire transfers.

Spreads

0.8 pips

Leverage

01

At a glance

Strengths

  • Publicly listed on the London Stock Exchange (LSE: PLUS) and part of the FTSE 250 index.
  • Clean, proprietary trading interface available across web, desktop, and mobile.
  • 0% commissions with all basic trade costs consolidated directly into the spread.
  • Offers Guaranteed Stop Loss Orders (GSLO) to protect against slippage during high market volatility.

Trade-offs

  • No support for automated trading systems, Expert Advisors (EAs), or third-party platforms like MT4/MT5.
  • Lacks advanced technical analysis features and custom indicator scripting.
  • Charges an inactivity fee of $10 per month if an account remains dormant for 3 months.
02

Regulation & trust

Heavily licensed worldwide by Tier-1 authorities including the Financial Conduct Authority (FCA, UK), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS), Cyprus Securities and Exchange Commission (CySEC), and the Commodity Futures Trading Commission (CFTC, US via Plus500 US).
03

Fees & costs

100% commission-free trading model. The broker monetizes via spread markups, overnight financing (swap) adjustments, currency conversion fees (up to 0.7%), and a fee for optional Guaranteed Stop Loss Orders.
04

Spreads & execution

Operates on dynamic spread pricing with direct market execution via its proprietary engine. Average EUR/USD spreads start at approximately 0.8 pips.
05

Trading platforms

Proprietary Plus500 WebTrader, Plus500 Mobile App (iOS/Android), and Plus500 Futures terminal for dedicated US futures contracts.
06

Account types

Offers a single unified Retail Trading Account, a Professional Account for qualifying traders requiring higher leverage limits under ESMA rules, and a dedicated US Futures Account.
07

User experience

Exceptionally clean and straightforward. The platform removes technical clutter, featuring one-click order entries, simple risk management toggles, integrated economic alerts, and a transparent portfolio tracker.
08

Our verdict

A publicly traded FTSE 250 CFD giant, Plus500 delivers a streamlined, commission-free trading experience through a proprietary, easy-to-navigate platform. It is designed for traders who prioritize uncluttered execution, transparent spread-based pricing, and guaranteed risk controls.
09

Plus500 — Editorial

Streamlined, Publicly Traded Multi-Asset Trading

Founded in 2008 and listed on the London Stock Exchange (LSE: PLUS), Plus500 has grown into a major constituent of the FTSE 250 index. Backed by strict Tier-1 regulation across the UK, Europe, Australia, and Singapore, it provides a safe, highly regulated framework for global CFD traders.

Plus500 bypasses legacy, complex desktop suites in favor of a clean, intuitive proprietary platform. Traders can manage positions across thousands of instruments—including forex pairs, commodities, indices, shares, and options—with 0% commission and clear spread disclosures.

Built-In Risk Management

A standout capability within Plus500 is the optional Guaranteed Stop Loss Order (GSLO). During extreme news events and market gaps, traditional stop-losses can experience slippage; a GSLO guarantees an exit at the exact requested strike price, giving risk-conscious traders absolute downside control.

10

Frequently asked

Does Plus500 support MetaTrader 4 or 5?
No, Plus500 does not support MetaTrader. All trading is conducted exclusively through Plus500's proprietary WebTrader and mobile applications.
What is a Guaranteed Stop Loss Order on Plus500?
A Guaranteed Stop Loss Order (GSLO) puts an absolute limit on trade losses by guaranteeing closing at your exact specified price, protecting against slippage during volatile price gaps for an additional spread fee.
What is the minimum deposit on Plus500?
The minimum deposit to start trading on Plus500 is $100 when funding via credit/debit card or e-wallets, and $500 for bank wire transfers.