Plus500 Review

Details and review of Plus500

In the following section you can find a detailed information about Plus500 Forex broker. Afterwards company and trading information you will find customer reviews and at the end of the page you can also rate and review Plus500 Forex broker.

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Plus500 Forex broker company details
Forex broker name: Plus500
Forex broker rating: 5(1 votes)
Forex broker logo:
Company long name: Plus500UK Limited
Founded: 2008
Regulation: FSA - ID #509909
Type: Market Maker (MM)
Broker description:Plus500 Overview

Plus500 is an established broker with regulation from the Financial Services Authority (FSA) in UK and are one of the biggest brokers in Europe. FSA is the main regulating authority in the UK and any broker that passed their strict requirements can also conduct business in the EU and other countries.

Plus500 has been around for over a decade and set up their online transactions in 2009. Besides Forex Plus500 also provide opportunities to trade in Stocks, Indices, Commodities, ETFs, CFDs and other Financial Instruments. Plus500 are a highly trusted broker and conduct thousands of transactions on a daily basis. There are no commissions and tight and reliable spreads.

Trading Platform and Customer Support

Plus500 provide a very user friendly interface, adapted for novice traders. Unlike most other brokers Plus500 use their own trading platform called Plus500 Trading, which is available in 3 versions: one that can be downloaded, a web based version and a mobile version and 20 languages.

The Plus500 trading platform interface and customer support are available in the following languages: Arabic, Bulgarian, Chinese, Croatian, Czech, Danish, Dutch, English, Estonian, Finnish, French, German, Greek, Hebrew, Hungarian, Italian, Japanese, Korean, Latvian, Lithuanian, Malay, Norwegian, Polish. The following OS are supported: Mac, Microsoft Windows, Mobile, Web, iPhone, iPad.

Customer support is available 24/7 through email

Deposits and Withdrawal

Both deposits and withdrawals are available through Credit Cards, Moneybookers and Wire Transfer. Plus500 process deposits and withdrawals online quickly and smoothly.

Promotions and Bonuses

Novice traders can start trading with a demo account at Plus500 using virtual money for practice. Plus500 are currently offering special bonuses of up to $10,000 on deposits. Trading can be started with as little as $100. Plus500 currently have a special promotion of free 25 euro bonus with no deposit required so you can start trading. This is a great way to start trading without risking your own money, click the banner below for more info:

Positives
  • - free 25 euro NO deposit bonus to start trading!
  • - reliable and regulated broker
  • - multilingual 24/7 support
  • - trade forex, stocks, indices, commodities and CFDs
  • - easy deposits and withdrawals
  • - user friendly software and interface
  • - tight spreads with no commission
Negatives
  • - US traders are not accepted - if you're from the US use eToro instead
  • - No support for Meta Trader 4 and other platforms
Conclusion

Based on our research, testing and analysis Plus500 is our top recommendation at ForexF1!

Plus500 Forex account details
Minimum deposit:Table DataaUS$ 100
Leverage:200 : 1
Spreads on majors:2 pips
Commission: No
Minimum trade size: 10000 units
Currenc pairs: 8
Payment options: Credit cards, MoneyBookers, PayPal and wire transfer
Platform: Unique Plus500 platform with web based, desktop software, iPhone app, iPad app, mobile versions
Demo account: Open a demo account
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Plus500 Forex broker reviews and ratings
Average rating:
52011-08-28 08:17:23Rob S.

I had problems with other brokers and decided not to use any non regulated brokers any more. I’ve been with Plus500 for over a year and a half now and it’s been very smooth, quick withdrawals, prompt support, very reliable, good spreads and easy to use platform. Only downside is there is no phone trades and support.