Plus500 Review: Safe and secure UK forex broker

plus500-250Regulation: FCA (UK), CySec (Cyprus), ASIC (Australia)
Online since: 2008
Trading model: MM
Trading platforms: MetaTrader4, MetaTrader5, cTrader and SuperTrader (in-house)
Min. Deposit: $200
Min. Trade size: 0.01 (micro lots)
Max. Leverage: 1:200
Bonus: £20 no deposit bonus; welcome deposit bonus from £20 to £6,000, depending on the amount of the deposit

Plus500 is licensed in several jurisdictions and is listed on LSE. It operates in the European Economic Area (EU member states, plus Norway, Lichtenstein and Iceland), Gibraltar, Australia and certain other jurisdictions across Asia, the Middle East and elsewhere. Its subsidiaries include Plus500UK, Plus500AU, Plus500CY and Plus500IL.

Plus500 specializes in Contracts for Difference (CFDs), delivering trading facilities on shares, forex, commodities, ETFs, options and indices. Its portfolio includes over 2000 instruments, accessible via a number of platforms.

Cost of trading with Plus500

Spread: fixed, 2 pips on EUR/USD
Commission: No

Latest news about Plus500

FSMA: Plus500 did not provide prospectus, hence the €550 000 settlement

Following the Plus500 announcement that it has agreed to pay a €550 000 settlement, the Belgian financial markets and services regulator Financial

Plus500 boasts of improved profitability and quality of earnings

Plus500 (LON:PLUS), one of the major forex and CFD brokers, reported “significant improvement in profitability and quality of earnings” for the quarter

Plus500 to pay €550 000 to FSMA in settlement, does not admit guilt

Plus500 (LON:PLUS), one of the major forex and CFD brokers, said it has reached a €550 000 settlement agreement with Belgium’s regulator, the

Plus500 discontinues bonus promotions on back of Cyprus regulation

Plus500, a UK-based online forex group, announced on Monday it is discontinuing the provision of bonuses, in line with the regulatory requirements

Plus500: desktop, web trading losing momentum to mobile platforms

The share of new Plus500 customers who sign-up via Windows desktop devices has progressively on the decline, reaching close to 0% in

Forex group Plus500 expands with South African license

Plus500, a UK-based online forex group, reported on Thursday its Australian unit Plus500AU Pty ltd. has been granted a license by the

Plus500’s 2016 revenue reaches record-high, net profit exceeds expectations

Plus500, a UK-based online forex group, reported on Tuesday a record-high preliminary revenue of $327.9 million, posting a growth of 19% from

Plus500 renews partnership with Atletico Madrid

Plus500 (LON:PLUS), one of the major forex and CFD brokers, announced it has renewed its partnership with Spain’s Atletico Madrid football club

2016 – The year when some regulators woke up

2016 has been the year when the European regulators finally woke up to the fact that millions of Europeans are losing billions

IG Group, Plus500, CMC Markets give lukewarm reception to BaFin’s plans, stock prices mostly unaffected

Following Thursday’s announcement of the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) that it plans to “limit the marketing,