Plus500 Review UK: Pros & Cons (2023)

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86% of retail CFD accounts lose money

Last Updated April 17th 2023
18 Min Read

Read our full Plus500 review to discover why this CFD broker’s proprietary trading platform took our top postion for best forex broker in 2023, and why we recommend this CFD platform for UK traders who like to trade and invest in the financial markets.

Plus500, the multi-asset CFD trading platform, is one of the most trusted global brands that offers an easy-to-use trading platform for online traders. With over 2,800 tradable instruments, the platform gives users access to share trading, through the Plus500 Invest platform and a complete selection of CFDs through the broker’s separate Plus500 CFD platform. 

Let’s analyse Plus500, the popular trading platform, its significant features, trading costs, assets, and fees within the UK, to help you make further decisions. 

Plus500 - An Overview

Plus500 is a broker traded publicly on the stock market and operates online. Its platform offers a wide variety of financial products, such as CFDs, forex, stock indices, individual shares, commodities, ETFs, options, shares, and futures. These products enable investors to access different markets and diversify their portfolios. 

Plus500 review

The platform offers CFDs as 71 currency pairs, equity CFDs, 19 cryptocurrency pairs, 23 commodities, 34 index CFDs, 1,737 equity CFDs, 97 ETFs, and 877 options contracts. Plus500 can be thus considered one of the leading CFD brokers in the UK.

It has marked its place as one of the popular choices among traders with its commission-free trading, free lifetime demo account, and well-designed interface to trade. In the following sections, we will delve into the specifics of CFDs, how they work on the Plus500 platform, the platform’s features, reviews, and steps to begin your trading.

86% of retail CFD accounts lose money

Key Features Of Plus500

Plus500 offers multiple features that help traders in their decision-making process. The recent launch of an exclusive trading tool, Insights, is one among them. The tool leverages real-time data to identify the most profitable trade across the platform, the instrument currently being traded, and many more insights to assist traders. Another unique feature of Plus500 is its push notifications based on market events, alerts on price movements, and changes in its in-house trader sentiment indicator.

Here’s a quick glimpse at some of the key features of Plus500 trading platform.

  • Minimum Raw Spreads Not applicable
  • Regulation Yes
  • Commission Rebates Not applicable
  • Retail Loss Rate 86.0%
  • Minimum Standard Spreads Not applicable
  • Islamic Account No
  • Commission for CFDs/DMA Commission-free
  • Managed Account No
  • Minimum Deposit $100
  • Demo Account Yes
  • Minimum Commission for Forex Commission-free
  • Inactivity Fee $10 monthly after three months
  • Deposit Fee No
  • Withdrawal Fee Third-party
  • Funding Methods 8

Plus500: Pros & Cons

Before getting into further details of trading on Plus500, it is essential to understand the advantages and disadvantages of the platform. Here’s a detailed list of the pros and cons of the most popular trading platform in the UK, the Plus500:


  • ✅ The platform offers CFD trading on over 2,000 + financial instruments
  • ✅ Provide round-the-clock customer service
  • ✅ Can be assessed via multiple devices like PC, smartphones, and tablets
  • ✅ The web platform and mobile app feature robust charting
  • ✅ It is publicly traded on the London Stock Exchange and is part of the FTSE 250 Index
  • ✅ The web-based trading platform offers a user-friendly interface, making it an ideal choice for beginners 
  • ✅ Has low spreads close to the industry average on EUR/USD, and on most of its major forex pairs
  • ✅ The maximum leverage can go upto 1:30
  • Extremely safe broker for online trading, regulated in four tier-1 jurisdictions and four tier-2 jurisdictions
  • ✅ CFD options are available on 24 popular symbols
  • ✅ Offers cash rebates for active traders in its Professional Account


  • ❌ There are no cryptocurrency CFDs in the UK
  • ❌ The platform has a relatively high minimum deposit (£100)
  • ❌ It is often less attractive for active traders since it does not offer more advanced features
  • ❌ Does not have a wide collection of educational content to learn about financial markets
  • ❌ The website’s video content lacks major market updates or analysis


What Are Some Of The Tradable Assets On Plus500

Established in 2008, Plus500 specializes in CFD trading and offers access to numerous CFD trading options spanning a broad range of asset classes. Since its inception, the platform has facilitated over 300 million positions and garnered more than $800 billion in trading volume.

Below is a rundown of the various financial instruments offered for CFD trading on Plus500 in the UK.


Plus500 provides investors with the opportunity to trade stocks, which is a significant financial asset. The platform offers CFD trading for some of the most prominent shares from various countries, including the US, UK, Italy, Japan, Hong Kong, and others.

UK-based traders can take advantage of up to 5x leverage when trading local stocks like Royal Mail, Lloyds Banking Group, and easyJet on the Plus500 platform. Moreover, the CFD share trading fees are low, and no stamp duty taxes are applicable.

Plus500 trading stocks

Investors can open new positions in some of the world's largest corporations, such as Amazon and Apple while using various risk management tools. The Trailing Stop feature, for instance, enables investors to secure a certain amount of profits. After creating a new trade with a Trailing Stop, the position stays open as long as the price moves in favor of the trade. Once the price changes direction (by a set number of pips), the position automatically closes.

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Plus500 provides support for cryptocurrency CFDs, allowing for speculation on the future price movements of digital currency without holding the underlying asset. However, due to the volatility and uncertainty of cryptocurrency markets, this investment option is highly unpredictable.

Plus500 trading cryptos

However, retail traders in the UK are unable to access cryptocurrency CFDs through any broker's UK entity, and this restriction also applies to UK residents. Although Plus500 previously offered cryptocurrency trading, the Financial Conduct Authority (FCA) decided to ban CFD cryptocurrency trading for all retail investors in the UK. This led to Plus500 stopping all crypto trading for UK residents in January 2021. However, users from other countries can still access the CFD crypto trading feature on the platform.

Investors on this top trading platform can purchase popular digital assets such as Bitcoin, Ethereum, and others using up to 1:2 leverage. However, it is important to note that trading the underlying asset, such as buying Bitcoin, is not possible, as cryptocurrency trading is only available through CFDs. Plus500 offers access to 17 different cryptocurrencies, including popular crypto pairs like BTC/ETH, making it possible to diversify your crypto portfolio.

Be aware that applying leverage has the potential to increase both potential profits and losses. 

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Shares CFDs

Plus500 offers access to popular markets such as the USA, UK, and Germany, allowing users to trade shares with leverage and low spreads. However, it's important to consider your investment objectives, level of experience, investment knowledge, and risk tolerance before engaging in any trading activity involving financial instruments. It's essential to understand that leveraged product losses might exceed the initial deposit and are considered highly risky, as they can lead to a loss of your entire trading account balance.

It is crucial to note that Plus500 does not offer the option to adjust leverage levels, which can reduce risk exposure. Therefore, it's crucial to assess your risk tolerance and carefully consider the potential risks and rewards of trading on this platform.


Plus500 is recognized as a top-tier platform for options trading in the UK and provides a user-friendly interface that allows traders to easily access and trade options contracts for multiple assets.

Options trading is a financial strategy that enables traders to speculate on the potential future price movements of an asset. With options contracts, traders are granted the right, but not the obligation, to buy or sell a specific asset at a predetermined price and time. This flexibility empowers traders to make informed decisions based on market trends, allowing them to manage risk and maximize profits. 

Plus500 trading options

Options contracts come in two types - Calls and Puts. A Call option provides the trader with the right to buy an asset at a specific price within a set timeframe, whereas a Put option grants the trader the right to sell an asset at a predetermined price within a specific time frame. 

It's worth noting that when trading options with Plus500, leverage of up to 5x can be applied. 


In addition to the aforementioned asset classes, Plus500 offers CFD trading for popular commodities, making it a versatile multi-asset trading platform in the UK. With Plus500, traders can access a variety of popular commodities such as Gold, Oil, and Silver. For instance, Oil CFDs can be traded with a 0.04 spread on Plus500. Moreover, traders can apply up to 10x leverage when trading CFD commodities on this platform.

Plus500 offers more than 20 commodities CFDs, including precious metals like gold and platinum, energy commodities like oil and gasoline, and agricultural commodities such as wheat and coffee. Traders can leverage up to 1:20 on these commodities and start trading with as little as £100.


Plus500 is one of the leading forex brokers in the UK, offering traders access to more than 60 CFD FX trading options. These options include minor, major, and exotic currency pairs, with popular pairs like EUR/USD, EUR/GBP, and GBP/USD all supported by the platform. Whether you are an experienced forex trader or new to the world of forex trading, Plus500 provides a range of tools and resources to help you make informed trading decisions. With low spreads, competitive pricing, and a range of trading options, Plus500 is a popular choice for forex traders in the UK and beyond.

With Plus500, forex traders can take advantage of leverage to increase their potential profits, with the option to trade on up to 1:30 leverage. Plus500's forex trading options also come with negative balance protection, ensuring that traders cannot lose more than the amount they have invested. Additionally, the platform offers a demo account for traders to practice trading forex before risking real money.

Plus500 trading forex

Forex trading on Plus500

Apart from offering access to over 60 major, minor, and exotic currency pairs, Plus500 also provides advanced trading tools like Stop Loss, Guaranteed Stop, and Stop Limit orders, which allows traders to set specific price points at which their trades will automatically close to limit losses and minimize their losses on Forex pairs. These tools are especially useful in volatile markets where sudden price movements can result in unexpected losses.

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An Exchange Traded Fund (ETF) is an investment fund that comprises a basket of stocks, bonds, or other assets. Plus500’s CFD broker platform provides access to ETFs, enabling investors to trade ETF CFDs from some of the most popular trading markets, including the USA, UK, and Germany. ETFs are a popular investment choice because they provide investors exposure to a diversified portfolio of assets, allowing them to invest in a wide range of securities with a single trade.

Plus500 trading ETFs

Investors can trade CFD options of ETFs tracking a wide range of markets including the S&P 500, UK FTSE 100, and Germany’s DAX 30. For instance, traders can access CFD options of the SPY ETF, which is linked to the performance of the S&P 500. This particular CFD attracts a competitive spread rate of 0.06 pips. Additionally, traders can apply the leverage of up to 1:100 to increase the value of their holdings. Plus500 provides access to over 100 ETF CFDs, giving investors a diversified portfolio to choose from.


Trading indices are a popular way for investors to diversify their portfolios as it offers a unique opportunity to access a combination of various shares from a particular exchange. For instance, when you trade indices, you have access to a basket of shares that track the performance of a specific market. 

Additionally, indices can be traded from different countries, which gives investors exposure to a nation’s top-performing assets.

Plus500 trading index

For example, the FTSE 100 is the main stock market index in the UK, while the S&P 500 is a popular index in the US. By trading these indices, investors can gain exposure to the largest and most profitable companies in these countries, without having to buy individual stocks.

Plus500 provides a wide range of indices to trade, including the USA 500, Swiss 20, Germany 40, and more. Investors can trade CFD indices on the platform and access up to 1:20 leverage. This allows traders to increase their trading position and potentially increase their profits.

86% of retail CFD accounts lose money

What Are The Charting And Analysis On Plus500

While trading CFDs, investors seek advanced technical features and charting tools to assist them in their trades. Plus500 provides a range of risk management tools to allow traders to minimize losses. One of the popular tools is the 'Close at Profit' and 'Close at Loss' tools, which can be used when opening a new trade. This feature allows traders to preset a maximum profit or loss limit.

The Plus500 platform then automatically closes the trade once it reaches the specified limit, enabling traders to cash out after achieving their desired profit or minimize losses by closing the position before it falls further.

Plus500 trading CFDs

Plus500 provides a price chart for each financial instrument, enabling traders to view historical prices and identify new trading patterns. The chart also offers various indicators, including moving averages, Bollinger bands, and Relative Strength Index (RSI), to help traders make informed trading decisions. The technical indicators can be customized based on the trader's preference and expertise level. Additionally, traders can set up alerts to notify them when a particular financial instrument reaches a specific price level.

Overall, the combination of advanced technical tools, charting features, and risk management tools offered by Plus500 makes it a popular choice for CFD traders in the UK. 

Platforms Available On Plus500

To completely understand how the trading platform works, it is crucial to have a thorough knowledge of the available platforms that the brokerage offers. Here’s a brief review of the platforms on Plus500. 

WebTrader is the proprietary web-based platform offered by Plus500. It aims to provide a user-friendly and efficient trading experience. WebTrader is designed to work seamlessly across multiple devices, such as Windows computers, smartphones, and tablets. The platform offers a plethora of technical charts and graphs that investors can utilize for analysis. It is worth noting that Plus500 does not provide the popular MetaTrader 4 platform or any comparable alternatives.

Plus500 constantly strives to improve its web trading platform. It keeps on adding features such as pre-defined watchlists, enabling users to monitor specific assets easily. Additionally, the platform allows traders to set alerts based on client sentiment data, which can provide valuable insights into market trends. Furthermore, when viewing a particular symbol, users can access instrument information from Yahoo Finance. These are some of the features that make Plus500's web trading platform a valuable tool for traders, especially in the UK. 

86% of retail CFD accounts lose money

Types Of Accounts On Plus500

Investors have access to a range of account options from Plus500. The platform offers three distinct types of accounts, each with its own set of features and benefits. Now, let's delve deeper into the available options to gain a better understanding of the account that best suits your investment goals.

Retail Accounts

As mentioned before, after making a minimum deposit of £100, investors are eligible to use retail accounts, which offer access to maximum leverage of up to 1:30. Trading can commence swiftly following a brief Know Your Customer (KYC) process to verify the investor's identity. With a retail account, investors can enjoy a variety of trading options tailored to their investment objectives.

Demo Accounts 

Plus500's demo account provides investors with a low-risk way to trade live markets using virtual currency. The demo account is readily available and can be accessed free of charge, without incurring any additional fees. They provide users with a range of live trading options, including leverage, access to technical indicators, and more. 

Professional Accounts

Finally, if you want to access more advanced trading options, then Professional accounts are your choice. However, to access the account, investors must meet certain criteria related to their trading activity in the past 12 months. Specifically, they need to conduct a minimum of 10 transactions per quarter with sufficient funds in each transaction over the previous four quarters. 

This ensures that only experienced and active traders can take advantage of the additional features and benefits offered by a professional account, such as increased leverage and access to a wider range of markets. By maintaining a high level of trading activity, investors can demonstrate their commitment to the trading platform and readiness to undertake the additional risks associated with a professional account. 

Instrument Category Professional Account
Cryptocurrency 1:20
Shares 1:20
Indices 1:300
Commodities 1:150
Options 1:5
ETFs 1:100
Forex 1:300


Investors looking to open a professional account must have a financial instrument portfolio valued at over £500,000. This requirement ensures that professional account holders have sufficient financial resources to manage the risks associated with high-leverage trading.

Furthermore, investors must have at least one year of work experience in the financial sector, with a position that involves knowledge of related transactions and services. This requirement ensures that professional account holders have a strong understanding of the financial markets and the complexities of trading various financial instruments.

A Detailed Overview Of Demo Accounts On Plus500 

As previously mentioned, Plus500 provides a demo account for investors to use free of charge. A demo account provides the same functionality as a live account without the risk of using real funds, which is particularly important considering the unpredictability and risk involved in CFD trading. The account comes with £40,000 in virtual funds. 

Plus500 trading index

Plus500 demo account

By utilizing the demo accounts on the Plus500 platform, investors can trade with virtual funds and leverage all the features, such as charting options, technical indicators, and the economic calendar that the WebTrader platform offers. The demo account is available at all times and can be easily switched from the standard Plus500 account. In addition, the Plus500 demo account offers the advantage of an unlimited period of access, which enables investors to test their CFD trading strategies with virtual currency in real markets.

Numerous other Plus500 reviews also highlight the importance of demo accounts for trading platforms. With the recent addition of a self-adjustable demo account balance feature, Plus500 users can personalize their trading experience and better reflect their desired investment volume. This feature allows users to simulate various market scenarios, develop effective risk management strategies, and prepare themselves for actual trading.

86% of retail CFD accounts lose money

Different Types Of Fees On Plus500 UK

Our Plus500 UK review provides investors with a comprehensive understanding of the brokerage's fee structure, outlining all the additional costs and charges associated with the various asset classes. By examining these fees in detail, investors can make informed decisions about their trading strategies and better manage their overall trading costs. 

With this information at their fingertips, investors can determine whether Plus500 UK is the right platform for their trading needs and investment goals.

Trading Fees

Plus500 offers traders a commission-free trading environment with dynamic spreads that vary depending on market conditions. This means that there are no minimum trade requirements, and traders can access a wide range of assets without any commission charges.

However, some trading fees on Plus500 are highly competitive, such as crude oil CFDs, select index CFDs, and equity CFDs, while others are more average in comparison. 

Spread Percentage

To clearly understand the spread costs associated with trading a currency pair, investors can calculate the spread percentage by dividing the spread by the average daily range of that currency pair. This calculation provides a more accurate representation of the spread costs per transaction, allowing investors to better assess the profitability of their trading strategies and make informed decisions about their trades.

This approach can help investors minimize their trading costs, optimize their returns, and achieve their investment objectives.

Currency Conversion Fee

Plus500 applies a fee for converting currencies on realized profits and losses of up to 0.70%. This simply means, if your account base currency is in US Dollars and you trade assets denominated in Euros, Plus500 will charge you a currency conversion fee. 

For instance, if you earn a profit or loss on trade in Euros, the amount you receive or pay will be subject to this fee. The percentage charged may vary depending on the specific currency exchange rate and market conditions at the time of the transaction.

Inactivity Fee

In case a trader fails to log into their account for three consecutive months, Plus500 imposes a monthly inactivity fee of $10. However, this fee can be avoided by simply checking your account balance every two to three months, even if you are not actively trading. This ensures that your account remains active, and you won't be charged any unnecessary fees.

It's important to note that this fee applies only if you have no open positions or trading activity during the inactive period. Therefore, if you wish to take a break from trading, it's recommended to check your account balance every few months to avoid any inactivity fees.

Overnight Funding

If an investor decides to hold a CFD position beyond market hours, an overnight funding fee may be applied to their account. This fee could either be added or subtracted from their position depending on the instrument and direction of the trade. However, if the investor has a buy-and-sell position, Plus500 covers the overnight funding costs.

The overnight funding fee is determined by the swap rates which are applied to overnight positions. At times, Plus500 pays positive swap rates on certain instruments, meaning traders can receive a daily fee for holding their positions open over the New York rollover. This can be a benefit to traders who wish to hold positions for an extended period.

To determine the applicable fees, traders can conveniently click on the "Details" link next to the name of the trading instrument in the trading platform. This will provide them with a breakdown of the fees associated with holding that particular position. It's important to note that the specific overnight funding fee and swap rate can vary depending on the instrument and market conditions.

Non-Trading Fees

After careful review, we have created a list of all the non-trading fees that Plus500 charges from investors. 

  • Deposit Fee None
  • Inactivity Fee $10 per month (Begins after 3 months of inactivity)
  • Withdrawal fee None

To simplify things, here’s a list of different fees for the most popular instrument per asset class. 

Asset Class Spread Spread Percentage Overnight Funding (Buy/Sell)
ETFs (SPY) 0.06 0.02% -0.043%/ -0.0302%
Stocks (Apple) 1.12 0.74% -0.0516%/ -0.03624%
Options (Call -EUR/USD) 0.00068 6.91% -
Forex (EUR/USD) 0.00008 0.01% -0.0112%/ -0.0001%
Commodities (Oil) 0.04 0.05% -0.0283%/ -0.0155%
Indices (Germany 40) 1.97 0.02% -0.0146%/ -0.0128%


Guaranteed Stop Order Fee

At Plus500, traders have the option to utilize guaranteed stop orders, which enables them to close their positions at a specified price regardless of market conditions. However, Plus500 applies a fee for using guaranteed stop orders, which is determined by widening the spread on the relevant asset.

86% of retail CFD accounts lose money

Ways To Fund Your Plus500 Trading Account

Investors can easily and efficiently fund their Plus500 trading accounts through a variety of payment methods. In the UK, traders have access to multiple payment options to begin trading, including:

  • Debit/Credit cards (Including VISA and MasterCard)
  • E-wallets including PayPal and Skrill 
  • Bank Transfer (direct bank-to-bank funds transfer)

Plus500 Minimum Deposit

As previously mentioned, retail investors are required to deposit a minimum of £100 when using credit/debit cards or e-wallets, whereas the minimum deposit for bank transfers is £500. Plus500 allows traders to deposit a maximum of £35,000.

Plus500 Withdrawal Times

Withdrawals on the platform may take between 3-7 days, which can vary depending on the payment method used and the processing time of the third-party payment provider. Before verifying the request, the platform conducts security checks and typically processes withdrawal requests within 1-3 days.

The User-Friendliness Of Plus500's Trading Platform

Plus500 trading platform

This Plus500 review on the user-friendliness of the platform's interface would help users in making an informed decision.

Plus500 provides users with an uncomplicated and easy-to-follow trading experience through their proprietary WebTrader platform. The platform enables users to access via the web, as well as through the app, both on mobile and desktop devices.

WebTrader is an excellent introductory platform for users who are new to trading and are looking to gain experience before moving on to a more advanced platform. The platform is designed with simplicity in mind and is easily accessible via a web browser. Plus500's flagship platform offers advanced features, including trailing stops and guaranteed stop-loss orders (GSLO), which can be useful risk management tools for casual traders.

In addition to a well-designed user interface, investors can also access multiple technical tools like price charts and risk management tools to streamline the training process. 

Plus500 trading academy

Investors have the option to receive free real-time alerts via email or SMS to stay up-to-date with the market. Plus500 sends push notifications to investors, including price alerts, changes in price, and buyer sentiments.

It also offers a trading academy where users can access eBooks and tutorial videos to learn the basics of trading. The platform also provides a "markets insight" section that offers up-to-date news from global markets, enabling traders to make informed decisions. 

Plus500 UK App Review - 2023

The Plus500 app is the best option for investors to regularly access their trading accounts to adjust trades, open new positions, and close orders. Just like the platform, the app offers a convenient way for accessing the Plus500 proprietary platform 24/7 from anywhere in the world.  

Plus500 trading app

As mentioned before, with just a simple click, investors can access the Plus500 app, which provides them with the ability to receive push notifications and set price alerts to facilitate their trading activities. The app offers over 2,000 CFD trading options on all of the available financial instruments, much like the Plus500 web platform.

Plus500 trading app

Thanks to a simple and easy-to-navigate interface, investors can swap between trading tabs to their account funds or app notifications within a single tap. 

Steps To Start Trading With Plus500 UK

Outlined in the following sections is a comprehensive, step-by-step guide to help investors initiate their trading activities with Plus500. The account opening process for retail customers is fully digital and incredibly smooth, with only one account type available. 

Step 1: Open an account 

Proceed to the Plus500 website and provide your email address, followed by creating a password and click on ‘Create account’ to continue.

Plus500 sign up page

Step 2: Account verification 

To commence trading activities, investors need to verify their accounts by submitting their full names, country of residence, and address proof. In addition, Plus500 mandates proof of identity verification, which can be provided by submitting a passport or driver's license.

The verification should be completed by providing a proof of address form like a bank statement or a utility bill. 

Plus500 account verification

Step 3: Answer The Security Questions 

In order to assess an individual trader's experience, Plus500 requests that they answer a series of security questions. These questions cover a range of topics, including the trader's income, job title, previous trading experience, and other relevant information. Once the details have been confirmed, the trader can proceed by agreeing to the terms and conditions.

Step 4: Deposit Funds

Once the account has been verified, investors can proceed to deposit funds into their Plus500 account.

Plus500 deposit funds

As mentioned before, you can choose your preferred payment method and insert a minimum deposit of £100 (£500 for bank transfers) to continue. 

Step 5: Begin your trading journey with Plus500

Once the fund is credited, investors can start trading CFDs on multiple financial instruments. To locate a preferred instrument, simply by entering it into the search bar and press enter. As an illustration, in the image below, investors can locate an order creation box on the right-hand side of their screen.

Just enter the amount you wish to deposit in the trade and click on ‘Buy’. 

Plus500 trading

86% of retail CFD accounts lose money

Plus500 UK Review - Licensing And Security

Plus500 is widely regarded as highly trustworthy, boasting an exceptional trust score of 98 out of 99. As a publicly traded company, Plus500 is not classified as a bank but is authorized by four tier-1 regulators, which indicate a high level of trust, and four tier-2 regulators, which represent an average level of trust. No tier-3 regulators are involved with Plus500. 

The tier-1 regulators that authorize Plus500 are the Financial Conduct Authority (FCA), the conduct regulator for around 50,000 financial services firms, and financial markets in the UK, the Australian Securities & Investment Commission (ASIC), the Financial Markets Authority (FMA) in New Zealand, and the Monetary Authority of Singapore (MAS). 

Educational Content On Plus500

After our Plus500 UK review, one of the significant demerits we found was the lack of an extensive array of educational content for traders when compared to education leaders such as City Index, IG, or CMC Markets. 

Nevertheless, the platform did make some notable progress in the education category with the launch of its Trading Academy, which includes video content, webinars, and written articles. The platform also features a Trader's Guide section, which includes a variety of articles and around a dozen educational videos.

There is plenty of room for growth within this area for Plus500. Expanding the range of videos and articles would be a valuable addition to its educational offering, which is currently relatively limited. Plus500 could consider developing interactive courses that feature progress tracking and quizzes. It is important to note that although the videos in the Trader's Guide series are useful, some of them may come across as platform tutorials.

Robust Customer Support - Plus500 UK

Plus500 strives to provide excellent customer satisfaction by offering round-the-clock assistance via email, online chat, and telephone. The platform also provides an FAQ section to address the most common questions. Additionally, 24/7 live support is accessible directly from the trading platform, making it a convenient option for traders with inquiries. Plus500 also offers email and WhatsApp support.

Plus500 review

Plus500 reviews

Reviews of Plus500 consistently demonstrate users' trust in the platform. With an average rating of 4.2 out of 5 from over 10,725 customers on Trustpilot, Plus500 has received high marks for its performance.

86% of retail CFD accounts lose money

Summary - Plus500 UK Review

Our Plus500 review has covered every area of this popular CFD trading platform in the UK. Keeping aside the lack of educational content, it is indeed the perfect choice for beginners or less experienced who want ease of use and simplicity. 

Begin your trading journey and go through the Plus500 financial instruments in the UK by clicking on this link.

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Plus500 Review - FAQs

Is Plus500 available in the UK?

Yes, Plus500 is open to trade in the UK and other 50 + countries and is listed on the London Stock Exchange (LSE) in the UK.

Is Plus500 good for beginners?

Yes, Plus500 is one of the ideal CFD trading platforms for beginners due to its software’s ease-of-use factor.

What is the minimum deposit on Plus500?

While the minimum deposit for Plus500 is £100 when using credit/debit cards and e-wallets like PayPal and Skrill, it increases to £500 when depositing funds via bank transfer.

Is Plus500 legit?

Yes, Plus500 is a widely used CFD trading platform with over 22 million registered users worldwide. The platform is regulated by the FCA in the UK, which is responsible for overseeing thousands of financial services firms, and financial markets.