‎Plus500 Trading Platform (2024)

FAQs

Is Plus500 a good trading platform? ›

Yes, Plus500 is a legitimate trading platform. It is publicly traded on the London Stock Exchange and is also regulated in multiple jurisdictions, including Australia, ensuring transparency for its users.

Plus500 trading platform allows you to trade shares from all popular markets such as USA, UK, Germany, and more, with leverage and low spreads. Using our advanced trading tools, you can also control your profits and losses.

At Plus500, the required minimum deposit is $100. This means that you have to put at least $100 in your broker account to be able to start trading.

The Plus500 minimum deposit is $100, and most traders get the same commission-free CFD trading account. EEA-based traders can get a professional option, while Plus500 has introduced a US-only Futures account and a limited-access Plus500 Invest alternative for unleveraged, long-term strategies.

Plus500's subsidiaries are authorised and regulated in the jurisdictions in which they operate, and comply with all client money rules. Your deposits will be classified as client money, and afforded maximum protection in accordance with regulatory requirements.

Commission Plus500AU does not charge dealing commissions. Daily Overnight funding You may earn or pay interest,) by entering and holding a CFD contract after a certain time in the day has passed. An overnight funding is either added or subtracted to your account to cover the benefit/cost of the associated funding.

What is the difference between the Demo account and the Real Money account? You trade in real market conditions, both in the Demo and in the Real Money accounts. The only difference between the two, is that in the Demo account you do not use real money.

In order to make a withdrawal you should follow these instructions: Click on “Funds” → “Withdrawal” → Select your preferred withdrawal method → Fill in the fields and click on the "Open a Withdrawal" button (on mobile devices, you can access the “Funds” screen from the menu button).

You can rest assured, Plus500 is considered reliable as it has multiple top-tier regulation, including FCA in the UK, ASIC in Australia, and MAS in Singapore. As a financial expert with BrokerChooser, I play an integral role in the analyst team by actively reviewing many of the 100+ brokers that are listed on our site.

With a commitment to empowering traders with knowledge and resources, Plus500 equips beginners with the skills and confidence needed to embark on their trading journey successfully.

Can you start trading with $200? ›

Trading forex with a $200 budget is feasible, but it comes with its unique challenges and limitations. Effective risk management, education, and a well-structured trading strategy are key to achieving success. While your budget may be small, your potential for learning and growth as a trader is not.

Customers cannot lose more than the funds they have on their account. The “Margin Call” feature exists in order to prevent your account from having a negative balance.

A giant of the CFD industry, Plus500 has recently expanded into the United States to offer futures trading via its state-of-the-art platform on the web, desktop, and Android/iOS mobile devices. US clients can access futures contracts on forex, indices, commodities, bonds, and cryptocurrencies.

2. Capital for Risk Management: While $25,000 is the regulatory minimum, many successful day traders start with more capital to provide a buffer for losses and to execute more substantial trades.

At Plus500 you trade CFDs on equities, therefore, you do not actually own the share itself.

How do I withdraw funds? In order to make a withdrawal you should follow these instructions: Click on “Funds” → “Withdrawal” → Select your preferred withdrawal method → Fill in the fields and click on the "Open a Withdrawal" button (on mobile devices, you can access the “Funds” screen from the menu button).

The Plus500 Futures platform provides access to trading in futures and options on futures. This new platform has a user-friendly interface and is geared towards beginners and retail traders.

Best Overall - Zerodha

Zerodha, a top discount broker, excels in trading and demat account services. Positive reviews, a user-friendly interface, affordable fees, diverse investment options, and useful features like technical indicators and advanced charting tools make it the best choice overall.

Using our proprietary research and data collection methods, we've determined that the following brokers are the best alternatives for Plus500: IG - 9.9/10 Overall. Interactive Brokers - 9.9/10 Overall. Saxo - 9.7/10 Overall.