1 photo
Plus500

Plus500

1.3 from 114 reviews · View Statistics
See the Best Forex & Share Trading Platforms in 2022 as rated by Australians on ProductReview.com.au.
Listing monitored by Plus500

Reviews

  • Transparency
    1.7 (84)
  • Rates and Fees
    1.7 (25)
Previous
Next

Reviewer Photos & Videos

  • Thumbnail
  • Thumbnail
  • Thumbnail
  • More
    Thumbnail
  • Verified

Cannot withdraw money

published

You're able to link trades with the account via a trader. However linking blocks you from withdrawing the funds. Currently the paypal option is disabled. No information on this one the web.

  • Thumbnail
  • Transparency
  • Rates and Fees
  • Incentivised Review No
Similar opinion? Write a review on ProductReview.com.au!
Gagan B.
Gagan B.Greater Melbourne (Inner), VIC
  • 2 reviews
  • Verified

Trading in equities is not safe

published
  • Incentivised Review No
Similar opinion? Write a review on ProductReview.com.au!
  • Verified

not a scam but stock prices are doubtful

published
  • Thumbnail
  • Thumbnail
  • Thumbnail
  • Thumbnail
  • Transparency
  • Rates and Fees
  • Incentivised Review No
Plus500
Plus500Plus500Send a private message
Similar opinion? Write a review on ProductReview.com.au!
Akira
Akira
  • 2 reviews
  • 7 likes
  • Verified

Do Not Trust Your Money to Them

published

They closed out my position without even warning. Totally unfair and underhanded. The informations are confusing and misleading, which I believe is intentional. Because your loss is their gain. The playground is not even at all. They are too sneaky to be trusted.

  • Transparency
  • Rates and Fees
  • Incentivised Review No
Plus500
Plus500Plus500Send a private message
Similar opinion? Write a review on ProductReview.com.au!
Forex & Share Trading Platforms

Find out how Plus500 compares to other Forex & Share Trading Platforms

Know better, choose better.

Compare all
  • Verified

Withdrawal was impossible with Plus500 but was forced out by assetsclaimback recovery services.

published
  • Thumbnail
  • Transparency
  • Incentivised Review No
Similar opinion? Write a review on ProductReview.com.au!
Bubel
Bubel
  • 2 reviews
  • 3 likes
  • Verified

Scam, avoid

published

Plus500 unilaterally closed profitable positions before they get too profitable for the customer - they call this a “profit call”. On numerous occasions I made a correct assessment of market movements but when I logged in to see how the CFD was going it had been closed without any reason given other than “profit call”.

  • Transparency
  • Rates and Fees
  • Incentivised Review No
Plus500
Plus500Plus500Send a private message
Similar opinion? Write a review on ProductReview.com.au!
Andre R.
Andre R.South East Queensland, QLD
  • 2 reviews
  • 3 likes
  • Verified

Total scam

published

Close your positions without asking no matter which way you invest you lose, money dragging platform, I lost 7500 in one day, closed 5 positions just asking me to put more money. Total scam

  • Transparency
  • Rates and Fees
  • Incentivised Review No
Plus500
Plus500Plus500Send a private message
Similar opinion? Write a review on ProductReview.com.au!

Related Articles

Previous
Super Funds Awards 2022!

A good super fund can make a substantial difference to the amount you retire with. From retail super funds to self managed super funds, view reviewer ratings for the top-rated super funds of 2022.

Wendy Z.
Wendy Z.
super-funds-awards-2020
Credit Card Awards 2020

Whether it's the sign up bonus, rates and fees, or reliable customer service that you look for in a credit card, a credit card is often used everyday, so it's important you choose one that meets your needs and that you're happy with. These are the top-rated credit cards this year, as decided by ProductReview.com.au reviewers.

Wendy Z.
Wendy Z.
credit-card-awards-2020
What Is Peer-To-Peer Lending?

Peer-to-peer lending is quickly gaining popularity among Australian borrowers and investors. If you've never heard of it before, this 2 minute read will give you a quick rundown so you can decide if P2P lending is right for you.

Nathan S.
Nathan S.
what-is-peer-to-peer-lending
Next
Simon P.
Simon P.South East Queensland, QLD
  • Verified

The perfect mobile platform for trading!

published

Have been reading with Plus500 4over a year and it is a fantastic platform. I believe poor ratings here are beginner traders that need to learn how to trade better.

  • Transparency
  • Rates and Fees
  • Incentivised Review No
Plus500
Plus500Plus500Send a private message

Thank you for the excellent rate Simon! We strive to provide the best possible experience to our clients! If there is something we can do better, you are always welcome to contact us.

Similar opinion? Write a review on ProductReview.com.au!
Ken
KenSouth East Queensland, QLD
  • Verified

Cannot log in and uncontactable now 25/02/2022

published

What happening now? Cannot log in without reason and uncontactable from anyone…1:11 am.
Time for make profit now but company kick out our account!!!! What happening!!! Try to change password but no email respond, cannot log in too

Plus500
Plus500Plus500Send a private message

We are sorry to see your review Ken. You should be able to log in now. If you still need assistance on your trading activity, you are welcome to contact our support team following this link plus500.com/en/Help/ContactUs.

Similar opinion? Write a review on ProductReview.com.au!

The reviewer stated that an incentive was offered for this review

Forex & Share Trading Platforms

Find out how Plus500 compares to other Forex & Share Trading Platforms

Know better, choose better.

Compare all
  • Verified

Clarity on operations

published

At present on your website it states that 77% of clients loose money. Who profits from this? Would it be the counterpart to these transactions? Your execution policy states that Plus500 act as counterpart to every client trade. On that basis , plus500 financially gained from the 77 % looses. I would say client looses make up the most significant part of revenue as opposed to your interpretation that the majority of revenue is derived from spreads. How many clients would have opened an account with yourselves if they had known that plus500 profit directly from client losses on a platform they control. I would say not many. As for the robotic statement about being regulated, Enron was regulated too and look at how that worked out.

  • Incentivised Review No
Plus500
Plus500Plus500Send a private message
Paul
Paul
Paul
Paul
Similar opinion? Write a review on ProductReview.com.au!
  • Verified

Absolutely awful

published

Plus500 will freeze the platform and this makes it impossible to manage your trades. Your loss is their profit. Stay well away. Do your own search on Plus500 and when you do you’ll see most good reviews are invited to write them. If you trade with Plus500 be prepared to lose and through no fault of your own.

  • Incentivised Review No
Plus500
Plus500Plus500Send a private message
rowlandjue
rowlandjue
Plus500
Plus500Plus500Send a private message
Similar opinion? Write a review on ProductReview.com.au!
  • Verified

Coincidence? Its a little odd

published
  • Transparency
  • Rates and Fees
  • Incentivised Review No
Plus500
Plus500Plus500Send a private message
Similar opinion? Write a review on ProductReview.com.au!
Forex & Share Trading Platforms

Find out how Plus500 compares to other Forex & Share Trading Platforms

Know better, choose better.

Compare all
Vijay K.
Vijay K.Greater Melbourne (Metropolitan), VIC
  • Verified

Parasite Platform Stay away

published

In between a live market they have disabled an instrument and the online support said they are investigating. 5 hours later when the markets are closed they said they have disabled the instrument from trading and they are not obliged nor does have any responsibility to inform IN advance. As a result positions has to closed in huge losses.

This is how they rob and claim it as a visual glitch on my mobile. I ended up opening a position incorrectly on a security that i dont ant and ended in a loss.

Protect your money and use better platforms.

  • Thumbnail
  • Incentivised Review No
Plus500
Plus500Plus500Send a private message
Vijay K.
Vijay K.
Plus500
Plus500Plus500Send a private message
Similar opinion? Write a review on ProductReview.com.au!
Anonimus
AnonimusSouth Australia
  • Verified

The best trading platform

published

Fast and easy verification of the account, took not more than 5 minutes. 24/7 Customer Support help.
The platform is super easy to use and the phone application is easy to use. Recommend!

  • Transparency
  • Rates and Fees
  • Incentivised Review No
Plus500
Plus500Plus500Send a private message
Similar opinion? Write a review on ProductReview.com.au!

Review collected in partnership with Plus500

nasir
nasirGreater Melbourne (Metropolitan), VIC
  • 4 reviews
  • 8 likes
  • Verified

HUGE SCAMMER

published

STAY AWAY From Plus500
STAY AWAY From Plus500, Huge Scammers.. I opened 1 position and automatically 2 positions opened on my account. Conversation charges plus overnight funding charges is another scam of them. I tried contacting them for 4 days but they didnt help out now i am going to ASIC and AFCA to lodge complaint against them...
NASIR ALI

  • Transparency
  • Rates and Fees
  • Incentivised Review No
Plus500
Plus500Plus500Send a private message

Hello Nasir, we are sorry to see your review! We see that you have a correspondence on this with our Senior Department in email thread #6801906. You are welcome to reply to that correspondence for further details. Thank you for your cooperation!

Similar opinion? Write a review on ProductReview.com.au!

Questions & Answers

WP M.
WP M.asked

I cannot login for tonight?

1 answer
Gagan B.
Gagan B.

Check now, their tech is very and not reliable. I have incurred so much loss because of their faulty tech

Tom J.
Tom J.asked

I just opened an account and it has said account under review for multiple days. Can anyone help me out with this? Thanks

3 answers
Plus500
Plus500Plus500Send a private message

Hi Tom

Plus500
Plus500Plus500Send a private message

Yes sure, I will be happy to help, could you please let me know the email of your account?

Plus500
Plus500Plus500Send a private message

Or if you have a correspondence with our Customer Support, it will be also fine to provide me with the correspondence number, so that I can check in the system.

Fair
Fairasked

Is this a gambling company...?

1 answer
Dan K
Dan K

Not fair don’t use them at all

See all Plus500 questions

Get an answer from our members and Plus500 representatives

ProductReview.com.au has affiliate partnerships. These do not influence our content moderation policies in any way, though ProductReview.com.au may earn commissions for products/services purchased via affiliate links.