FX Universal Broker Reviews: Plus500 10


History and Regulation

24
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.

Extra features

  • Great availability and support
  • Super-easy software with advanced mobile functions
  • Lots of secure transfer options
  • 294 : 1 leverage

(Upated june, 2017)

Our Recommendation

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.

Click here to instantly start trading with Plus500 >>
 

* A word of caution: CFDs are a leveraged product, and you can lose your entire capital. Trading CFDs may not be suitable for you. Make sure to fully ully understand the risks involved in trading CFDs.
Let us know what you think about Plus500 and rate your experience in the comments section!

User Ratings for Plus500

Design
3
Spreads
4
Support
3
Overall Rating
3
Average
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Stamp ExamplePlus500 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.


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10 thoughts on “FX Universal Broker Reviews: Plus500

  • Rob

    When I started trading I read lots of bad reviews online about Plus500 but after opening live account with them, I am happy with their platform. They also offer some charts and indicators which are helpful in trading. After few weeks, I successfully withdrew money from them so my experience with them so far is good.

  • Mikail

    It is very basic platform but some positive points of trading with Plus500 is that they offer big choice for indices, shares and funds and even can trade natural gas and platinum. Negative thing is their charts and tools are outdated and useless so my conclusion is that this is an average broker.

  • Chris

    I have been using this broker for 3 months now. I have suffered a few losses and ended up losing almost all my investments but after that I found some strategies that worked for me and I started recovering my losses. I decided to use my strategy before presidential elections so I decided to place few trades with big profit targets anyhow before the event they suddenly changed my leverage and not even bothered to inform me so I was not able to make profits although market did hit my targets but I made just small gains because of changes they did in my account. I contacted them and they sent me terms and conditions and did not bother to reply again. Anyhow I am done with Plus500 and now I have processed my withdrawal request and I am waiting to receive my money back.

  • TJ

    Plus500 is good broker I am always happy with the support they provide and never face any issue in deposits or withdrawals. The only issue is that there are not many trading tools like support and resistance lines etc. otherwise it’s a great broker.

  • Derek

    Plus 500 is a very reliable broker, especially for a UK based broker. This broker is one of the few fully FSA regulated broker. They offer hassle free secure paypal deposits and withdrawals, therefore there is no deposit or withdrawal fee. Withdrawals are relatively quick. Platform is very good for new traders as it is very easy to calculate lot sizes and it clearly shows how much money you are putting at risk and what exactly are potential gains or losses. All in all reliable UK based broker! Keep up the good work

  • Full House

    Plus500 is FCA regulated and a British broker, with excellent platform and complete number of investment instruments, the best spreads of industry, great execution and serious support. Plus 500 is simply the best broker in the world and I give not 5 but 10 stars to this broker.

  • Shansen

    Plus500 is good broker for those who like to trade so many trading instruments. They offer almost everything to trade like large number of currency pairs, indexes, financial and metal instruments. I read some negative reviews about this broker but honestly speaking so far I have not experienced anything bad. In my opinion the broker is doing ok and their customer support is good so I recommend this broker to all professional traders.

  • FX cult

    I have been using this broker for a month. I was very afraid to start trading with them because of the many negative reviews online but my experience of doing trading with them is top class so far. Everything is very fast and convenient from account opening to deposit and also the withdrawals. Everything is flawless. I love their trading platform and also the execution speed they offer. They also offer a large variety of markets to trade. I give them 5 stars. An excellent broker and best service.

  • Edward Dong

    I am with plus 500 now for nearly one year. I read on some websites that they may do their hidden agenda and they are not a good broker etc. etc. But I don’t have any issue with my withdrawals. I am talking even the withdrawal 80000AUD very smooth. Of course you need to prove your identity and all other details. Click withdrawals on Friday and Monday morning money in your account as plus 500. I have wonderful experience with this broker so far so ignore all the negative comments.

  • blueberry m

    Plus500 is an fca regulated broker. Their platform is very good and also they offer the widest range of instruments for trading. Their customer support is awesome. Spread and trade execution is also very good. I rank them one of the best forex brokers.