Plus500

Plus500

  • Verified company
1.3

126 reviews · Statistics

PositivevsNegative
7% · 9115 · 91%
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1.7 (92)
Rates and Fees
1.8 (32)
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Reviews

126 reviews
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
Dexy Sydney, NSW
 · Verified

Very good full featured app for Long and short term trading

manoj k.
manoj k. Greater Melbourne (Inner), VIC
 · Verified

Excellent app for trading share, CFD etc.

I have download and use plus 500 app for registration, deposit and withdrawal.
the process was easy for registration and to verify the documents it just the click away.
you can deposit through bank account, credit cards, bpay, skrill and paypal.
once verified money was straight available for trading.
Withdrawal process was easy as well.
You can study details of graph and all the indicators easily.
news and insight+ is great feature for beginners to learn different things.

Md M.
Md M.
 · Verified

Perfect Fraud

Investment disappeared without knowing anything. No accurate response from them

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Idan
Idan Great Southern, WA
 · Verified

Most user-friendly app

Plus500 app is definitely the most user-friendly app I've tried.

danny
danny
 · 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.

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

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ABro
ABro
 · 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 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
FRAUD500 Greater Melbourne (Inner), VIC
 · Verified

"+SUS" 500 (FRAUD)!!!

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Pete
Pete Sydney, NSW · 2 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 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
sunfield00 Metropolitan Adelaide, SA
 · Verified

This Plus500 is a Scam and totally jumpy software where your trade is closed in a second, Never go for this platform

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VTV
VTV Sydney · 2 posts
 · Verified

MY ACCOUNT FROZEN FOR NO REASON

Steve W
Steve W Mid North Coast, NSW · 9 posts
 · Verified

Customer service is really bad

Trying to get money out of your trading account is an absolute misson.

The customer service is about as helpful as a chocolate fire guard. You just keep getting passed from person to person.

The trading platform is not very user friendly.

There are much better platforms out there.

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IFTIIN TRADING L.
IFTIIN TRADING L. Sydney, NSW
 · Verified

I rather throw money is a shred than give anyone to Plus500

Their aim is to make money of your losses. They claim they don’t but their business plan says otherwise. Especially predatory behaviour from their agents, very shady app that freezes while live trading and closes positions of marginal calls. Impossible to withdraw and funds without their “verification delays” that can take up to 3 months.

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Questions & Answers

daniel l.
daniel l. · 

I can’t contain my joy because I am a beneficiary of “primecryptomarket. c_o-m”. I invested 2000 USD and made 18000 USD in 24 hours. I have just reinvested and waiting for my profits today. If you need a good platform where you can make money visit their website today.

Guest
Garth
Garth · 

Does plus 500 use algorythm technology

Plus500
Plus500 · 

Hi Garth! Firstly, we would like to apologise for the delay in our response, as we have just recently started attending the reviews at ProductReview.com.au.
As for your question, no, you do not trade against an algorithm on our platform. You are the only one who is operating the account and all trades' prices are live from the market, so they depend on it. We do not allow any automated data entry systems or foreign softwares either.

Sofia L.
Sofia L. · 

Hello reach out to Douglas olsson if you’re having withdrawal problem or is your plus500 manager is asking you to make more payments before you can withdraw your funds feel free to reach out to Douglasolsson791@gmail.com

Guest

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Details

CategoryForex & Share Trading Platforms
TypeBroker
Visit official website
  • ACN: 153301681
  • ABN: 32153301681

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