The verdict in 30 seconds
Independent review of Plus500, covering regulation, licenses, accounts, spreads, platforms, funding methods, and swap-free account terms.
Plus500 is regulated through Tier 1, offers Plus500 WebTrader, Plus500 App, spreads from 0.8 pips, and leverage up to 1:300.
Best for: Plus500 suits traders prioritizing strong regulation (FCA, CySEC, ASIC, MAS), a simple user-friendly platform, and tight spreads (0.8 pips on major FX pairs). It is ideal for beginners or intermediate traders focused on CFD trading who value transparency through public listing (LSE) but do not require real stock/crypto ownership or advanced platforms like MT4/MT5.
Look elsewhere if: CFDs only — no real stock or crypto ownership
Regulation & licensing
License status is shown explicitly. Withdrawn or revoked licenses are never hidden.
| Regulator | Full name | Jurisdiction | License number | Tier | Status |
|---|---|---|---|---|---|
| FCA | Financial Conduct Authority | UK | 509909 | Tier 1 | Active |
| CySEC | Cyprus Securities and Exchange Commission | Cyprus | 250/14 | Tier 1 | Active |
| ASIC | Australian Securities and Investments Commission | Australia | 417727 | Tier 1 | Active |
| MAS | Monetary Authority of Singapore | Singapore | CMS100648 | Tier 1 | Active |
Accounts, spreads & leverage
The spread band is Tight spreads (0.8 pips) on major FX pairs. Maximum leverage depends on the account and regulating entity.
| Account | Minimum | EUR/USD spread | Commission / lot | Execution | Leverage | Swap-free |
|---|---|---|---|---|---|---|
| Standard CFD | $100 | 0.8 pips | 0 | Market Maker | 1:300 | — |
| Islamic | $100 | 0.8 pips | 0 | Market Maker | 1:300 | ✓ |
Deposits & withdrawals
Withdrawal timing: Verify the official withdrawal timetable; deposit methods (e.g., Visa/Mastercard, PayPal) have instant processing, but withdrawal specifics are not disclosed.
| Method | Deposit fee | Withdrawal fee | Processing | Currencies |
|---|---|---|---|---|
| Bank Wire | Free | Free | 1-5 business days | USD,EUR,GBP,AUD |
| Visa/Mastercard | Free | Free | Instant | USD,EUR,GBP,AUD |
| PayPal | Free | Free | Instant | USD,EUR,GBP |
Trading platforms
Islamic account & our Sharia checklist
Swap-free account: Available.
A swap-free label is not the same as a Sharia-compliance verdict. Check that no overnight interest is charged under another name, replacement fees are fixed rather than interest-linked, leverage terms are understood, and the exact contract is reviewed.
Our factual note: Plus500 offers a dedicated Islamic account with swap-free implementation. However, the broker does not disclose additional terms or conditions related to this account type. Swap-free availability alone does not confirm halal or Sharia-compliant status; traders must verify the official terms for full compliance.
Who Plus500 is for
Plus500 suits traders prioritizing strong regulation (FCA, CySEC, ASIC, MAS), a simple user-friendly platform, and tight spreads (0.8 pips on major FX pairs). It is ideal for beginners or intermediate traders focused on CFD trading who value transparency through public listing (LSE) but do not require real stock/crypto ownership or advanced platforms like MT4/MT5.
- Publicly traded on LSE (FTSE 250) — high transparency
- Simple, user-friendly proprietary platform
- Regulated by 4 top-tier authorities (FCA, CySEC, ASIC, MAS)
Who should look elsewhere
No broker fits everyone. Consider another option if the following limitations matter to you.
- CFDs only — no real stock or crypto ownership
- No MT4/MT5 support
- Limited educational resources and research tools
Frequently asked questions
Is Plus500 regulated?
Plus500 is regulated by FCA (509909), CySEC (250/14), ASIC (417727), MAS (CMS100648). Review the licensing table for current status.
What is the minimum deposit at Plus500?
The disclosed minimum deposit starts from $100.
Does Plus500 offer an Islamic account?
Plus500 advertises a swap-free account. This does not constitute a halal or Sharia-compliance verdict; verify its fees and terms.
What platforms does Plus500 support?
Plus500 supports Plus500 WebTrader, Plus500 App.
What is the maximum leverage at Plus500?
The disclosed maximum leverage is up to 1:300, subject to account and regulator.
How long do withdrawals take at Plus500?
Verify the official withdrawal timetable; deposit methods (e.g., Visa/Mastercard, PayPal) have instant processing, but withdrawal specifics are not disclosed.
Reviews are independent and informational, not investment advice. Trading carries high risk. Regulatory status and terms can change. Last reviewed: June 8, 2026.
