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Plus500 Review 2022 Pros, Cons and Alternatives

As a CFD broker, all the instruments available to trade on Plus500 are leveraged. The leverage ratio is your total exposure in relation to your margin. Relevant Work Experience – Applicants must have worked in the financial sector for at least a year in a position that requires knowledge of the relevant products and services. Portfolio Size – A financial instrument portfolio of at least €500,000 is required. Cash savings are also taken into account but not property portfolios, direct commodity ownership, or notional values of leveraged instruments. The first step to opening a real money account with Plus500 is to click on the ‘Start Trading Now‘ button on their homepage.

review plus500 trading

Download the Plus500 MetaTrader 4 Program free of charge from Apple’s App Store. Plus500 customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go. In the following table we take the main parts of any reputable online broker and compare Plus500 against freetrade, and easyMarkets.

A financially strong parent company is a plus since it can provide the online broker with additional capital if needed. As of December 2021, the biggest owners of the company were mostly large investment banks and asset management companies, including Morgan Stanley. The biggest owner, Odey Asset Management, had a 9.42% stake. Plus500 has a simple, easy-to-use site, with an especially well-designed mobile platform. The account opening process and customer support are great.


I have always received great support from them in the past and would not hesitate to reach out to them again in the future if need be. With Plus500 you can get real time alerts via email, SMS and push notifications. Alerts are freely available on all devices and easy to set. Alerts can be viewed, edited and removed from accessing the alerts tab.

review plus500 trading

Plus500’s commitment to providing high-quality educational resources makes it an ideal choice for those who are looking to learn more about online trading. The Plus500 demo account is another great feature, especially for inexperienced traders. Clients can access a completely free demo account which they can use to practice various trading strategies before placing any real capital at risk. All content on is intended for educational purposes only and should never be considered financial advice. We do not recommend or advise that investors buy or sell through any financial instrument like commodities, securities or stocks.

Plus500 Trading Platforms

You will then be able to access your Plus500 trading account, however you will not be able to trade until the account has been fully activated. To get the account activated, you will most likely need to send in some proof plus500 review of ID and one copy of a proof of address . All accounts applications are processed online at Plus500 and the process is very quick and straightforward. There are currently no deposit or withdrawal fees at Plus500.

Here’s a summary of funding methods, minimum amounts, and processing times. The leverage and margin requirements for each individual trade are shown in the ‘Info‘ link next to each instrument’s name on the Plus500 trading platform’s main screen. It allows traders to gain exposure to the financial markets by self-funding only a fraction of the total value of a trade.

Plus500 offers biometric authentication for its mobile application and negative balance protection. In the event Plus500 defaults, clients will be compensated under their jurisdiction’s financial compensation schemes . It supports over 1,000,000+ registered customers and over 14 years of expertise on its record. They’re among the world’s top trading platforms and also a prominent figure in the Fintech revolution.

review plus500 trading

A $1 investment means a $10 loss when there is a price decrease. Let’s once again compare the costs at Plus500 with the costs at eToro. The EUR/USD overnight financing charge which has to be paid to hold your position overnight is 0,0087% at Plus500. On the Dutch stock Philips, you nowadays pay a spread of 5 cents.

Logging into the platform is secured with two-step authentication. They also offer Google and Facebook authentication which can prove to be more convenient for some users. The trading platform is available to clients across the globe in a great choice of 32 languages including English, Chinese, Russian, Spanish, French, German and more. Réka has attended the International Business and Economics bachelor program at the Corvinus University of Budapest. She’s eager to help investors find the best investment providers, through writing extensive reviews. On a more personal level she wants to develop her skills and grow professionally on this field.

What can you trade on Plus500?

Whether you trade on Plus500’s web or mobile version, you’re likely to have a comfortable and secure experience at all times. However, remember that CFD trading comes with some risks that you must assess before making any investments. Keep in mind that while Plus500 is considered legit as a trading platform, it doesn’t mean that you’re not going to experience any trading risks over your sessions. Plus500 is known for its CFD trading capabilities, and CFD trading is known for being a high-risk activity. Regardless of your goals, you must take care of your investment.

You will find awell-designed economic calendar and market analyses prepared by Plus500’s research team. This is great for clients looking for a massive selection of technical indicators. Most popular technical indicators are available, such as RSI, MACD, etc. Plus500 offers a good selection of CFDs, althought it falls short compared to some of its competitors. These orders can be canceled at any time before they are executed, i.e. they are Good ’till Canceled .

  • Spreads offered are competitive and no commission fees are charged.
  • These features can be used to support and justify your decisions.
  • There is an economic and corporate calendats section that you can get to from the ‘more’ menu button.

They charge fees of varying rates for various services to earn money. There are mainly 3 different types of fees for this purpose. Every online trading platform will have some ups and downs, and no Plus500 review would be complete without showing both sides. This Plus500 review covers both the pros and cons you need to know before you make an account.

Social and easy to use trading solutions are the heart at Plus500. 76.4% of retail investor accounts lose money when trading CFDs with this provider. Plus500 offers trading services withforex pairs and CFDs of stocks, indices, cryptocurrencies, ETFs, and options.It targets both retail and professional traders. If you are new to online trading and are searching for a hands-off approach to investing with low trading fees then we recommend eToro as the best online broker in 2022. From trading stocks on a commission-free basis to copying the trades of other advanced investors, eToro is ideal for beginner traders.

You can also benefit from up to five free withdrawals per month, which is another benefit that we must highlight in this Plus500 review. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website. First of all, you should consider all the risks involved as trading always carries a risk and should not be defined as a source of income. What is more great, Plus500 Guaranteed Stop Order is a specific feature that guarantees your requested rate, yet subject to a slightly wider spread. This is a very useful tool during high volatility conditions, which remains at your disposal but definitely worth considering to manage your risks better. Verify your account and identity by upload of confirmation documents – residential proof like a utility bill, copy of your ID, bank statement etc.

Other Fees

Let’s take a look at the five most popular asset classes they have available to trade. Plus500 is committed to the continuing development of its client’s trading ability, especially that of its most junior traders. In furtherance of this commitment, Plus500 offers a free demo account and supporting educational materials designed to guide the most junior traders in their trading.

The Plus500 software refers to this price as the so-called unity amount. At the moment of writing the Bitcoin unity amount equates to 0,02 contract which means 1/50 of the value of one Bitcoin. On another example, the ING stock, it currently equates to 50 stocks. A crucial part of each review is undoubtedly user-friendliness.