Plus500 Review [Compared in 2023]

Plus500 are a big brand here in the UK. They’re listed on the London Stock Exchange within the FTSE 250. They have a strong presence within the trading community for their commitment to providing an excellent Trading experience. As someone who has used Plus500, the account registration process was straightforward and easy to complete. There are a range of CFD assets available to trade and the trading application is well thoughtout and helpful.

From my experience, Plus500 is not best suited beginners but instead moreso for experienced traders. Whilst I would position the trading fees in line with the market average, the mobile and the desktop trading platform are both second to none.

For those traders who are beginners but want to give Plus500 a try, they do have a demo account available where you can practice your trading strategies.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Plus500UK Ltd authorized & regulated by the FCA (#509909)

Pros:

Excellent customer support
Well designed mobile app and desktop platform
Easy to sign up
Negative balance protection
Demo account provided
Deposit with a bank card
No withdrawal fee
Inactivity fee only applies if you don’t log into the platform

Cons

No fundamental data available
No trading ideas
Minimum deposit of $100 required
Lack of research tools
Not the most competitive CFD fees

Plus500 is a well-established UK brand, recognised in the FTSE 250, and known for its strong CFD offerings. Their account setup is smooth, and they have a broad range of CFD assets and a user-friendly app for trading. While they’re more suited for experienced traders, their fees are average, and their platforms are top-notch. Beginners can take advantage of the demo account to practice trading. See how Plus500 compares with Trading 212.

☆☆☆☆☆ 5/5

Plus500

Plus500 is one of the top CFD platforms that allows traders to trade on a wide range of financial instruments. The Plus500 platform is suitable only for experienced traders, and they should consider the risks involved with CFD trading. Beginners could practice trading with Plus500's free demo account. Join Plus500 today and enjoy the benefits of their powerful trading platform and exceptional customer service.

- No commissions
- Tight spreads
- Guaranteed stop-loss orders
- $100 minimum deposit

No deposit or withdrawal fees
Massive range of CFD assets and financial markets available
Funds Protected Up To £85k By FSCS (UK)

81% 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.