Plus500
Market MakerPlus500 is an LSE-listed CFD broker known for its ultra-simple trading platform, ideal for beginners who want commission-free CFD trading with guaranteed stop-loss orders.
Trading Forex and CFDs involves a significant risk of loss.
Our Rating Breakdown
Scores based on independent research and live account testing.
Plus500 Full Review
Plus500 was founded in Haifa, Israel in 2008 and is listed on the London Stock Exchange — one of the few retail CFD brokers with this level of financial transparency. Regulated in 8 countries including by the FCA, ASIC, and MAS, Plus500 serves over 20 million registered customers.
Simplicity First
Plus500 is built around simplicity. Its WebTrader and mobile app are among the most intuitive in the industry, making it ideal for beginners who find MetaTrader's interface overwhelming. The platform offers all essential tools without unnecessary complexity.
No Commissions
Plus500 charges no commissions on any trades. Revenue is generated through spreads and overnight fees. The EUR/USD spread of 0.8 pips is competitive for a commission-free model.
Guaranteed Stop Loss
Plus500 offers a Guaranteed Stop Loss Order (GSLO) feature, which ensures your stop-loss is filled at exactly the specified price — even during volatile market gaps. A small premium is charged for this protection.
LSE Listing
As a publicly listed company, Plus500 publishes quarterly trading updates and annual reports — providing a level of financial transparency that private brokers cannot match.
Verdict
Plus500 is best for beginners and intermediate traders who prioritize simplicity and ease of use. Experienced traders who need MT4/MT5 or advanced charting tools should look elsewhere.
Pros
- Listed on London Stock Exchange (LSE)
- Simple, user-friendly platform perfect for beginners
- Regulated in 8 countries
- No commissions on any trades
- Guaranteed stop-loss orders available
Cons
- Only proprietary platform (no MT4/MT5)
- No social/copy trading
- Limited advanced tools for professionals
Broker Details
- Headquarters
- Haifa, Israel
- Founded
- 2008
- Type
- Market Maker
- Min Deposit
- $100
- Max Leverage
- 1:300
Regulation
Platforms
- Plus500 WebTrader
- Plus500 App