Plus500 review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Plus500 suits active traders who want a single platform spanning forex, options, crypto, shares and ETFs, licensed on both sides of Europe. A demo account and mobile app make it easy to try, but help runs on chat, email and help centre only and 81% of retail accounts lose money.
Key facts
- Best for
- Traders who want forex, options and crypto alongside shares and ETFs under one regulated operator.
- Markets
- Stocks, ETFs, Forex, Options, Crypto↗
- Regulators
- Financial Conduct Authority, Cyprus Securities and Exchange Commission↗
- Investor protection
- FSCS up to GBP 85,000↗
- Retail accounts that lose money
- 81%↗
- Platforms
- Plus500 WebTrader, Plus500 Mobile App↗
- Legal entity
- Plus500UK Ltd↗
- Support channels
- Chat, Email, Help-centre↗
- Features
- Demo account, Mobile app
- Official website
- plus500.com
Facts checked September 26, 2026, 3 sources
Pros and cons
Pros
- Regulation on both sides: Financial Conduct Authority and Cyprus Securities and Exchange Commission, with the UK entity Plus500UK Ltd.
- Investor protection of FSCS up to GBP 85,000.
- Trading on Plus500 WebTrader and Plus500 Mobile App, so web and mobile orders are both covered.
- A demo account and mobile app in demo account and mobile app let you test positions before funding.
Cons
- Help is limited to chat, email and help centre, with no phone line listed.
- 81% of retail accounts lose money, so the platform carries real downside for most traders.
- The market list is stocks, etfs and forex, leaving out bond, fund and money market dealing.
Who it suits
- Traders who want leveraged and unleveraged products in the same account, as set out in stocks, etfs and forex.
- People who prefer to test a strategy on a demo account before risking money.
- UK and EU based traders who want a regulated operator with compensation stated as FSCS up to GBP 85,000.
Who should look elsewhere
- CFI, whose markets stocks, etfs and forex add CFDs, suits traders wanting wider leveraged coverage.
- bunq fits traders who stay inside stocks, etfs and crypto and have no need of forex or options.
- Fiesta Credito MX sits in a different market, regulated by CONDUSEF rather than the UK and EU.
How Plus500 compares
9.3 vs 9.4
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9.3 vs 8.3
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9.3 vs 9.4
9.3 vs 9.3
9.3 vs 8.7
9.3 vs 9.2
9.3 vs 8.7
9.3 vs 8.6
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.0
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.1
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 8.8
Where Plus500 is available
- Available
- Everywhere except United States
- Licence in United Kingdom
- Financial Conduct Authority (509909), checked September 26, 2026
- Licence in Cyprus
- Cyprus Securities and Exchange Commission (250/14), checked September 26, 2026
Frequently asked questions
Who regulates Plus500?+
Two regulators appear in the licences: Financial Conduct Authority and Cyprus Securities and Exchange Commission. The UK entity is Plus500UK Ltd, holding Financial Conduct Authority permission 509909, and the Cyprus side carries Cyprus Securities and Exchange Commission permission 250/14.
What protection applies if the firm fails?+
The stated protection is FSCS up to GBP 85,000. That figure is tied to the UK entity, Plus500UK Ltd, so an account held with the Cyprus entity may sit outside the same cover. Check which entity holds your balance before depositing.
What can I trade on Plus500?+
The listed markets are stocks, etfs and forex. That mix places forex and options next to shares, ETFs and crypto, so leveraged and unleveraged trades run through one account. Bond, fund and money market dealing sits outside that list.
Can I practise before I deposit money?+
Yes, demo account and mobile app includes a demo account as well as a mobile app. The demo account lets you open and close positions without putting cash at risk, and the layout matches the platform you move to once you fund the account.
Which platforms can I trade on?+
Trading runs on Plus500 WebTrader and Plus500 Mobile App. The web trader carries the main order flow, and the mobile app handles orders away from a desktop, so a position can be opened, monitored or closed from either.
How do I reach support if something goes wrong?+
Support covers chat, email and help centre. No phone line is listed, so a query about a stuck position or a failed withdrawal goes through chat or email, with the help centre as a reference point.
What are the odds of losing money?+
81% of retail accounts lose money here, a higher share than the 72.13% across the broker listings. With options and forex in stocks, etfs and forex, keep each position small and treat short term trading as high risk.
Sources
- 500affiliates.com checked September 26, 2026
Backs: Investor protection, Legal entity, Markets, Regulators, Licences
“Plus500UK Ltd is authorized and regulated by the Financial Conduct Authority”
- plus500.com/en-lv checked September 26, 2026
Backs: Features, Retail accounts that lose money, Support channels
“Try free demo”
- plus500.com/en-lv/aboutus checked September 26, 2026
Backs: Platforms
“operating proprietary technology-based trading platforms”
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Minimum deposit, Stock trade fee, Account fee, Inactivity fee.
Related by the facts
Plus500
Traders who want forex, options and crypto alongside shares and ETFs under one regulated operator.