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Plus500

Plus500

 Verified
Plus500
1.9

148 reviews

Positive vs Negative
15%85%
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Transparency ?
1.8
Rates and Fees
2.2
148 reviews
5 Josh  · I continue to use it and I'm very happy with it. I earn my money, I have them available, it is all going great.
1 Varun  · They took my money and closes my account without my consent. They are scammer and always take customer money.
5 Blake  · My experience – The platform is easy to use. I use it mainly for crypto trading and withdrawals are fast. The customer support is good too, so I recommend it.
1 Md M.  · Perfect Fraud – Investment disappeared without knowing anything. No accurate response from them
4 Idan  · Most user-friendly app – Plus500 app is definitely the most user-friendly app I've tried.
Blake M.
Blake M.
  Verified

I was a bit unsure at first, but Plus500 turned out to be pretty solid. The platform’s clean, trades go through quickly, and I like being able to manage everything from my phone.

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Shannonn
Shannonn
  Verified

They made it easy to deposit but impossible to withdraw. Every time I asked for my funds, they came up with a new excuse. That’s when I turned another firm, and it was the best decision I made. They walked me through the right process and I recovered everything.

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Mohammad H.
Mohammad H.NSW
  Verified

Total scam. They took my $20,000, There’s no legitimate support — no one knows anything. Everything works smoothly only when you’re losing money. The app itself is broken; regardless of whether the market goes up or down, you keep losing. It’s a terrible, terrible platform . I would never recommend it to anyone.

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Reviews with attachments

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J T.
J T.
  Verified

Absolutely terrible exchange. The whole system is rigged against you. The 'free' rollover is anything but free they took 130 bucks from a position that should have been majorly in the green.Gapped down on open over 3 bucks which is well over the 6% Yet the system just carried on as if it never dipped. Meant to be on 10x leverage moves up 6%… Read more

somehow my entire account is liquidated even though it should be at break even. Not only that but any efforts to find out what happend has just led to know where the when it's finally gets followed up to get looked into they have just banned my account. Now I can't even withdraw the funds I have left in. It is a scam you will only loose money here

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Katerina P
Katerina PNSW
  Verified

I just registered on the Plus500 platform after carefully reading through hundreds of reviews and exploring their Trading Academy to learn more about CFD trading. I must admit that I’m still a beginner, but I find their educational resources really helpful and engaging. I’m eager to learn how to trade and eventually support myself financially… Read more

through it. So far, the Plus500 platform looks great—very straightforward and user-friendly. I truly hope to be successful in my trading journey!

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Yasmine V.
Yasmine V.WA
  Verified

I'd say I've seen better and I've seen worse – For all the buzz about it the reviews here, it was actually pretty smooth to open an account and manage it. So far I have like $300 in profits as well. I'm surprised how easy to handle is the platform. No one from Plus500 bothers me with calls, only some decent emails that could actually be helpful. I'd wish to have more signals or advice available but I guess I'm not doing bad on my own, so I'll survive.

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YHW
YHWVIC5 posts
  Verified

Plus500 Review – I found a positive experience in using Plus500 app and its service. Chat service is responded with a human staff within few minutes with great customer service and professionalism which helped me in answering a lot of my queries. I have tried ASX, US shares, Forex and Coin based tradings. I found that it offered lots more options like EFT and… Read more

Options tradings which I haven't explored yet. The app/ website provides Demo and Real Money. Demo is there which uses not a real money for practicing/ trying purposes with no time limit. Real money option is when real trading happens. I love to use the app daily and find it interesting with a chance to immerse and improve myself in the world of tradings.

Positive reviews

Wiwi
WiwiQLD
  Verified

I've been using Plus500 for a while now and overall, it's a solid platform for CFD trading. The interface is user-friendly, especially for beginners, and it offers a wide range of instruments including forex, stocks, indices, and crypto. I like that it's regulated in multiple jurisdictions!

G. Sullivan
G. SullivanWA
  Verified

Plus500 has a good CFD trading platform with a user-friendly interface. It offers a wide range of tradable instruments, but has limited educational resources. If you have experience with CFDs, they are not bad, but the processes could be confusing for new people.

Beckett
Beckett
  Verified

Plus500 is a user-friendly trading platform known for its clean interface and easy access to a wide range of CFD instruments, including forex, stocks, commodities, indices, and cryptocurrencies. It’s especially popular with beginner and intermediate traders due to its intuitive design and demo account option. The platform offers commission-free… Read more

trading, with fees built into the spreads, which are generally competitive. Risk management tools like stop-loss and guaranteed stop are also available. Plus500 is regulated in multiple jurisdictions, which adds a layer of trust and security.

Negative reviews

Sam
Sam
  Verified

Nothing short of a scam. I made decent profit on META and after they took over $1500 in fees, they're now refusing to allow me to withdraw my remaining $2208. Using excuses like. 1. You didn't do the questionnaire (where is it then?) 2. Your licence is soon to expire. 3. Your bank account has an expired card (irrelevant, i deposited through… Read more

transfer without a card) 4. Your bank account is in a joint name. 5. Your bank statements are not in PDF format.

Absolutely disgusting pigs. Do not trust them

Jason C.
Jason C.
  Verified

Criminal, thieving, putrid dogs. They would short sell there own mother. My trade ( position ) bought. In profit $2,400. Try to close my position, instrument is unavailable. Can not close my position to take my profit. Lost the $2,400 profit and down $1,100. Instrument is now available to close. Pulling my hair out for hours watching my hard… Read more

earned money being stolen by PLUS 500. If YOU were my trade, it would be a short because YOU will be a guaranteed looser ( victim ) of the PLUS 500 platform. I wish anything an all that you wouldn't wish to your worst enemy upon the PLUS 500 team, and any employee directly conected to the PLUS 500 platform. Closed all remaining positions. Of course I received my withdrawal, ( under 24hrs ) they just stole 80% of my deposits hoping I'll try again! So you now have been informed. Take your money to the Club, atleast you can cash out at anytime. You get to have dinner and drinks TOO!

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Richard D.
Richard D.3 posts
  Verified

GOD COMPLEX Been trying to withdraw my own money back to the same account it came from for days. Sent identification, statements, screen shots of transactions but they insist on cancelling the withdrawal. Three other brokers approved multiple deposits and withdrawals over the time I have been trying to on get a mere $200 back from PLUS500. Be careful! DO NOT send them your money.

Richard D.
Richard D.   

sad sad organisation. I can only assume they use everyones money in short term investments since they delay and delay and delay letting you withdraw.

Recent reviews

Sophie Brown
Sophie Brown
  Verified

Plus500 makes CFD trading easy with a clean platform and a demo account for practice. It’s great for beginners, but since it’s CFD-only, you don’t own the assets. Still, a good choice for hassle-free trading.

Dainn
Dainn
  Verified

A Reliable and User-Friendly Trading Platform – I've been using Plus500 for several months now, and it's been a great experience. The platform is intuitive and easy to navigate, great for experienced users. I appreciate the wide range of markets available, including stocks, forex, and commodities. The charts and analysis tools are excellent for making informed decisions. Plus500’s customer… Read more

support is responsive, and withdrawals have always been smooth. Overall, it’s a reliable platform with competitive spreads, and I highly recommend it to anyone looking to start trading.

Ivan I.
Ivan I.
  Verified

Perfect for beginners – I recently tried the Plus500 demo account, and it was such a great experience! The platform is super easy to use, and I loved how realistic it felt with live market data. It gave me the confidence to try out different strategies without the fear of losing real money. Switching between forex, stocks, and other instruments was seamless, and I… Read more

learned so much about risk management along the way. Honestly, it’s the perfect tool for beginners like me who want to dip their toes into trading. Highly recommend giving it a shot! :)

DeeDee
DeeDee
  Verified

Pleasantly surprised – I love the platform's look. It is so simple and easy. I saw somewhere online they have great selection of CFDs and decided to try it out. So far so good. I spent a few hours a day in the demo account and sometimes lose, sometimes win. I would say it is pretty decent. And I'm impressed with the security measures, the app even allows fingerprint login. Show details

Justin
JustinQLD
  Verified

Happily surprised – From the moment I signed up, I was impressed by Plus500 user-friendly platform and the wealth of resources available to help me make informed decisions. The customer service is top-notch; whenever I've had a question, their support team has been incredibly responsive and helpful (which is not the case with other online trading companied I have… Read more

tried in the past).

What sets this company apart is their commitment to education. They offer a range of informative articles, tutorials, and market analysis that have truly helped me improve my trading strategies.

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Mark A.
Mark A.
  Verified

Complete scam – Couldn't "trade" because my account was 6 years old and despite my best efforts back then they wouldn't/couldn't verify my address. Recently I tried again, address verified immediately but couldn't "trade" because of the now 6 year old restriction on my account. Multiple contacts led to nothing so attempted to withdraw my deposit. Received a… Read more

statement saying my withdrawal has been processed and funds will be back in my account. Never happened so got MasterCard disputes to investigate. The funds were back in my account vertually immediately along now with a new email from plus500 saying my withdrawal that was processed and finalised weeks ago had now been cancelled and my deposit is now been returned by original payment method, proving the initial emails saying they have returned the money and to wait was a lie. Edit; I wrote this review 2 years ago. I'm still receiving emails from them telling me to update my details and what ever else. You can reply with any abuse and profanity you like and they will just continue emailing you and it appears to be an actual person responding and not AI as often the case these days. Please do not deposit any money into the fake so called "account". If you make even the smallest of trades you will never get any of your money back

Cezar
Cezar
  Verified

Don’t even think about it ! – Stay away. I’ve been trading with them for over 2 years . Lost more than 40k. Recently I decide to go with meta 4 and different broker. Is unbelievable how on meta 4 market go up 100 pips plus and on plus 500 goes against you. Live in both platforms 1 is going up and make profit, other one ( plus 500 price going down and lose tons of money. I can’t believe I have not realised that something is wrong for so long.

Harry Tan
Harry TanNSW
  Verified

Simply fraud – It was not easy getting my stolen funds back from plus500, but Markkcoy on telegram made it possible and easy for me. I am surprised plus 500 denied me access to my money for months with no single reason. I won't recommend them to anyone again.

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Brad Morrissy
Brad Morrissy
  Verified

Terrible THEIVES – Plus500 have been holding onto my $12,500 for almost 2 months now. My paypal account was shutdown and they are refusing to let me withdraw my money any other way. Does anyone know the best course of action to retrieve my money and report this pathetic company - Brad morrissy

Dexy
DexyNSW
  Verified

Very good full featured app for Long and short term trading – I've been using the App for a couple weeks now and have found it to be quick, intuitive to use and contains a pretty comprehensive feature set (at least for a home trader like me) The registration process is straightforward. Everything is done via the app including account verification, id checks, deposits and withdrawals. There are a tonne of… Read more

deposit options. Card, Paypal, Apple Pay, BPay, Bank Transfers are all accepted.

The interface was pretty smooth and easy to use. Charts were great. Easily switch between portrait and landscape with trade buttons available within the chart. All the usual chart patterns were available and there were a wide range of analysis indicators and drawing tools I could add. Pinch zoom and chart scrolling were fluid and bars rendered quickly. Alerts were easy to set up and my financial position is easily accessible

There's also live chat options built into the App which an operator available quickly on the couple of occasions I reached out. All in all, quite a well designed app. Most importantly, its quick, responsive and stable. It hasn't crashed on me yet.

danny
danny4 posts
  Verified

ACCOUNT GOT HACKED – My account with plus 500 was hacked and all money withdraw to scammer's bank account. Never got the money back and Plus 500 have not responded in 2 months.

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CHEF ANKIT C.
CHEF ANKIT C.
  Verified

Rollover stealing money – Don’t invest your money on +500. They are stealing you money and not even responding you text message. They are tell us rollover is free, it’s not effect on your equity but they are taking money from your account and when they have to add money after rollover they say we can’t do that. DONT INVEST YOUR MONEY

ABro
ABro3 posts
  Verified

DO NOT SIGN UP – Easy to sign up. So hard to withdraw or close. To close they ask for a copy of your drivers licence (not requested on sign up). They also suspend your account if you dont verify your personal details online every few months.

Phillip T.
Phillip T.
  Verified

Stay away – They take your money if you are not active for over 3 months, 10 usd per month. You can easily get money on the app, but if you want to get it off again you have to verify all kind of stuff, even when you want to put the money back into the same bank account that you used to put money on the app in the first place! Everyone who has experience with… Read more

more brokers knows this is straight up [content removed], I’m putting all my investment back to BenArmstrong trades where no problems. Now account has been closed without any reason, the only wording customer service was able to provide was: "Clause 22.6 of our User Agreement, which allows us to terminate our relationship with you, with or without cause, by providing you with written notice."

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FRAUD500
FRAUD500VIC
  Verified

"+SUS" 500 (FRAUD)!!! – Plus500 needs to be renamed SUS500 as in suspicious 500 backend workers in "Bulgaria". 1. I made 15% return in 1 day by shorting Silver using leverage. 2. Plus500 increased my spreads, and then blocked my trading trading/ scalping I need to further verify myself. (they will block you if you start to rapidly profit). Im of the perception that… Read more

Plus500 actually bets against retail traders (from other online sources). So they do not like people making money. 3. They blocked all trades for 2 days and said they need some sensitive legal/ financial documents. However if you deposit with a debit/ credit card or Paypal they happily take your money instantly. 4. They kept writing to me in the chat that a "senior manager" is working on it (release my account for bing frozen for 2 days). 6. There is no phone line to call and speak with anyone. 7. I withdrew my money (to the same place it came from instantly) but payment to my account is still pending and the info from SUS500's platform claims my withdraw has been "Approved" but not sent LOL So they take your money in a millisecond and then when returning the muppets take up to 2 days to 1 month (I have read other people's experiences online). 7. Royal commission is required and to arrest the senior management. 8. PLUS500 are criminal 3rd rate Banksters who operate an online casino who are actually based in Israel not London where they claim they HQ are. They freeze the accounts and monies of people who are profitable. These guys remind me of plastic mafia scum from where I grew up. 9. I know exactly who they are and where they work and live. 10. I will be serving legal documents for proceedings in person. Next is a complaint to ASIC and AFCA.

Pete
PeteNSW3 posts
  Verified

Be Extremely Careful!!! – I went to close my positions while I was at a profit of over $1100 while watching the market the other night. Each time I went to close my positions it kept popping up error codes and I wasn’t able to close the positions. While continually trying to do this there was a downhill spike and sent my positions into margin calls so rather than pulling… Read more

out at $1100 profit It sent me into $1000 loss and closed my positions. Plus500 call this a volatile market and you can’t close your positions while it’s volatile they said. Just be careful and I wanted to share this so you all know these guys control your money at all times and your control is very limited especially in a circumstance like this.

sunfield00
sunfield00SA
  Verified

This Plus500 is a Scam and totally jumpy software where your trade is closed in a second, Never go for this platform – This Plus500 is a Scam and totally jumpy software where your trade is closed in a second, Never go for this platform. You cannot trade for a Profit with Plus500 as you will keep losing one after the other and your trades are closed so soon the moment it says opened. I have had a long chat and have given them several screen-shots of my several… Read more

trades as proof to them. Even though their interface looks good with editable features etc I want to confirm it clearly that they need to redesign their website totally and do exhaustive tests. I think PLUS500 is not a real forex connected software, it is having its own virtual broker to manipulate the customer, dont ever go for Plus 500, I found eToro to be more genuine and trustworthy. I have tried many FOREX TRADING Platforms but I am happy with eToro and it's nice features.....PLEASE AVOID PLUS500....

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