Forex Brokers

Plus500

Plus500 is a market-leading CFD broker founded in 2008 and headquartered in Sydney, Australia

Plus500 is a market-leading CFD broker founded in 2008 and headquartered in Sydney, Australia, aiming to provide investors with trading conditions for stocks, foreign exchange, commodities, cryptocurrencies, ETFs, options and indices, as well as innovative trading technology. At present, the company has a full license from the Australian Securities and Investments Commission (license number: 417727), a full license from the Cyprus Securities and Exchange Commission (license number: 250/14), and a straight-through license from the UK Financial Conduct Authority (license number: 509909), the New Zealand Financial Markets Authority's pass-through license (license number: 486026), and the Monetary Authority of Singapore's retail foreign exchange license.

Security Analysis

Plus500 is regulated by only one mainstream regulator and investors should consider it comprehensively.

Main business

Plus500 provides investors with popular products in the global financial market, including foreign exchange, indices, commodities, cryptocurrencies, ETFs, etc.

Leverage & Account

The maximum leverage for foreign exchange products is 1:300, the maximum leverage for cryptocurrency is 1:30, and the maximum leverage for index products is 1:100. Commodities are traded with leverage of 1:150, stocks with leverage of 1:5, and ETFs with leverage of 1:100. Account types are mainly retail accounts and professional accounts. Professional accounts are required to have a net worth of at least AUD 2.5 million or an annual gross income of at least AUD 250,000 for the past two financial years.

Spread & Commission Fees

Plus500 does not contain any hidden fees, mainly through the spread of profit. Among foreign exchange products, the lowest spread between Europe and the United States is 0.8 points, the lowest point difference between EUR and pound is 0.15 point, and the lowest point difference between pound and dollar is 0.13 point.

Trading Platform

The trading platforms that Plus500 provides to customers include iPhone/iPad, Android applications, Windows10 trading platforms, and WebTrader.

Deposits

In very rare cases, users may incur handling fees for transferring funds to or from the company's account. Fees are determined and charged by the user's payment issuer or bank, not the company.

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