History and Regulation
Plus500* is a broker with a worldwide presence and support for a great number of languages and products. It is the broker with probably the most capital and the largest user base thanks to a global marketing campaign and a strong brand. The company dates back to 2008 and kept on growing in the most turbulent times.
Offered Products and Platforms
As Plus500 specializes in offering its service globally you can find a surprisingly large number of smaller currencies (more than 50) with stock, indices, and options from over 20 countries as well as commodities and CFDs.
As for platforms, Plus500 only supports its own software, which is probably the most stable of proprietary solutions and gives you full access and easy trading (great for novices) on all mobile devices including smartwatches.
Spreads, commissions and other fees
Plus500 has attractive tight spreads. Although there are some cheaper brokers out there Plus500 gives you transparent and stable pricing.
- Great availability and support
- Super-easy software with advanced mobile functions
- Lots of secure transfer options
- 294 : 1 leverage
(Upated october, 2020)
Plus500 is FXUniversal’s top choice regarding user experience with a straightforward platform that provides fluent experience across devices. It’s also a secure and robust company with a great number of tradable assets. The broker falls a bit short on additional features, such as social trading, managed accounts, and automated trading.
User Ratings for Plus500
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Plus500 UK LTD is authorised and regulated by the Financial Conduct Authority.
Plus500 CY LTD is authorised and regulated by the Cyprus Securities and Exchange Commission.
Plus500 AU LTD is regulated by Australian Securities and investments Commission – Australia only.