Independent forex broker comparison·Data checked Trading is risky. Most retail CFD accounts lose money.
EUR/USD typical

Broker review · 2026

Plus500 review 2026

A FTSE 250 CFD provider with one of the simplest apps.

4.0/5

Ranked #19 of 20

Visit Plus500

plus500.com

Plus500 is a FTSE 250-listed CFD broker known for its clean, intuitive platform. It offers around 60 forex pairs alongside indices, commodities and shares, with no commissions, but there is no MetaTrader and research is limited.

Pros

  • Publicly listed and widely regulated
  • Very simple, fast web and mobile platform
  • Guaranteed stop orders available
  • No commission on trades

Cons

  • No MT4, MT5 or TradingView
  • Limited research and education
  • Inactivity fee after three months

Plus500 overview

Plus500 was founded in 2008 and is listed on the London Stock Exchange. It focuses on CFDs through a single proprietary platform designed for simplicity rather than depth.

Is Plus500 safe and regulated?

Plus500 holds licences from the FCA, CySEC, ASIC, FMA, FSCA, MAS and DFSA. Retail clients receive negative balance protection.

FCACySECASICFMAFSCAMASDFSAFSA (Seychelles)

Tier-1 regulators are shown in bold. Always confirm the licence on the regulator’s own register.

Plus500 spreads and fees

Spreads are variable with no commission; EUR/USD typically trades around 1.0 to 1.5 pips. Overnight funding, currency conversion and a $10 monthly inactivity fee after three months apply.

AccountEUR/USD spreadCommission (round turn)Cost per lot
Standard1.3 pips$0$13.0

Trading platforms

Plus500’s WebTrader and app are polished and easy to learn, with alerts, risk management tools and guaranteed stops. Advanced traders will miss MetaTrader, algorithmic trading and in-depth research.

How Plus500 scores

Trust & regulation 30%
4.7
Fees & spreads 25%
3.7
Platforms & tools 15%
3.8
Markets & range 10%
4.0
Ease of use 10%
4.4
Research & education 10%
2.8

Verdict

Plus500 suits traders who want a simple, well-regulated CFD app. Cost-focused and automated traders have better options.

Open an account with Plus500You will be taken to plus500.com.

Plus500 FAQ

Is Plus500 safe?

Plus500 is listed on the London Stock Exchange and regulated by the FCA, CySEC, ASIC and others.

What is the Plus500 minimum deposit?

The minimum deposit is typically $100, varying by payment method and country.

Does Plus500 offer MT4?

No. Plus500 only offers its proprietary platform.

Is Plus500 good for beginners?

Yes. Plus500 scores 4.4/5 for ease of use in our testing, with a $100 minimum deposit.

Plus500 alternatives

Top-scoring brokers available in the same regions.

#BrokerScoreEUR/USDRaw / lotMin. dep.RegulatorsPlatformsLinks
01 IGTraders who want the biggest market range and top-tier safety 4.8 0.9pips n/a $0 FCAASICBaFin+5 MT4TradingView VisitReview
02 Interactive BrokersProfessional and multi-asset traders 4.7 n/a $5all-in $0 SECFINRACFTC+7 Own platform VisitReview
03 CMC MarketsForex variety and charting on a proprietary platform 4.7 0.7pips n/a $0 FCAASICCIRO+4 MT4TradingView VisitReview
04 SaxoWealthier traders who want a bank-grade multi-asset platform 4.6 0.8pips n/a $0 Danish FSAFCAASIC+4 TradingView VisitReview

Spreads are typical values during liquid hours and change constantly. Raw / lot = raw EUR/USD spread converted at $10 per pip plus round-turn commission. Data checked October 2026. How we score.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly. Between roughly 60% and 89% of retail investor accounts lose money when trading CFDs, depending on the provider. Consider whether you understand how they work and can afford to lose your money. Read the full risk warning.