Plus500 Review 2026: LSE-listed CFD broker, 2,800+ instruments, zero commission
Plus500 is a CFD broker founded in 2008 in Israel, listed on the London Stock Exchange (LSE: PLUS) with a market capitalisation exceeding £2 billion. Regulated by the FCA, CySEC, ASIC, MAS, FSCA and FMA, it offers over 2,800 CFD instruments with zero commission via its proprietary platform. It is a solid choice for traders who prioritize simplicity and the security of a publicly listed broker, but it lacks advanced platforms (no MT4/MT5).
What is Plus500?
Plus500 is a CFD broker founded in 2008 in Israel, listed on the London Stock Exchange under the ticker PLUS since 2013. With a market capitalisation exceeding £2 billion, Plus500 is one of the largest brokers in the world by valuation. This stock exchange listing imposes strict financial transparency obligations, including the publication of audited annual reports.
Plus500's multi-regulation covers six jurisdictions: the FCA in the UK (#509909), ASIC in Australia, CySEC in Cyprus, MAS in Singapore, FSCA in South Africa and FMA in New Zealand. This regulatory coverage is one of the broadest on the market.
Plus500 positions itself as a simplified CFD broker. It offers a single proprietary platform (WebTrader and mobile app), with no support for MetaTrader 4 or 5. The pricing model relies exclusively on spreads, with zero commission on trades.
Trading conditions in detail
| Parameter | Details |
|---|---|
| Regulation | FCA, CySEC, ASIC, MAS, FSCA, FMA |
| Stock listing | LSE: PLUS (market cap £2B+) |
| Founded | 2008, Israel |
| Platform | Proprietary (WebTrader + mobile app) |
| Maximum leverage | 1:30 retail (EU/UK/AU), 1:300 professional |
| Available instruments | 2,800+ CFDs |
| Minimum deposit | $100 |
| Commission | $0 (spread-only) |
| EUR/USD spread | 0.8 - 1.3 pips (variable) |
| Guaranteed Stop Loss (GSLO) | Available |
| Negative balance protection | Yes |
| Segregated funds | Yes |
| Inactivity fee | $10/month after 3 months |
| Trustpilot | 4.1/5 |
Available instruments
Pros and cons
- Listed on the London Stock Exchange (LSE: PLUS), maximum transparency
- Multi-regulated by 6 authorities: FCA, CySEC, ASIC, MAS, FSCA, FMA
- 2,800+ CFD instruments available
- $0 commission, spread-only pricing
- Guaranteed Stop Loss Orders (GSLO) available against slippage
- Intuitive platform, ideal for beginner and intermediate traders
- Trustpilot 4.1/5, among the best on the market
- No MetaTrader 4 or 5: proprietary platform only
- No support for trading robots (EAs)
- Inactivity fee of $10/month after 3 months
- Leverage limited to 1:30 retail, 1:300 professional
- Wider spreads than commission-based brokers (Raw/ECN accounts)
Our scores by criteria
Plus500 vs the competition
| Criteria | Plus500 | RaiseFX |
|---|---|---|
| Regulation | FCA, CySEC, ASIC, MAS, FSCA, FMA | FSCA (licence #50506) |
| Publicly listed | Yes (LSE: PLUS) | No |
| Max leverage | 1:30 retail, 1:300 pro | 1:500 |
| Instruments | 2,800+ | 500+ |
| Platform | Proprietary only | MT5 |
| Commission | $0 (spread-only) | Variable by account |
Who is Plus500 for?
Plus500 is suited to specific trader profiles.
The beginner or intermediate trader who wants a simple platform. Plus500's proprietary platform is intuitive and easy to learn. The zero-commission model and spread-only pricing simplify cost calculations. Guaranteed Stop Loss Orders (GSLO) provide extra protection against sudden market moves.
The trader who prioritizes institutional-grade security. With its London Stock Exchange listing and six regulatory licences, Plus500 arguably offers the highest level of transparency on the market. Quarterly audited financial reports allow every client to verify the broker's financial health.
Not suited for advanced traders. The absence of MetaTrader 4/5, trading robots (EAs) and raw spreads (Raw/ECN) makes Plus500 a limited choice for experienced traders who need advanced tools. These traders should consider RaiseFX (MT5, 1:500 leverage) or FxPro (MT4/MT5/cTrader) instead.
Final verdict
A publicly listed CFD broker, simple and transparent, but limited for advanced traders
Plus500 is a solid broker for traders who prioritize security (LSE listing, 6 regulations) and simplicity (intuitive platform, $0 commission). Its 2,800+ instruments and Guaranteed Stop Loss Orders make it an interesting choice for occasional or intermediate CFD trading. However, the lack of MetaTrader, EA robots and raw spreads puts it at a disadvantage against brokers focused on active trading. Traders seeking high leverage and advanced platforms should consider RaiseFX (FSCA, 1:500 leverage, MT5).
Open a Plus500 account →Sources & Methodology
This review is based on real testing by our analyst team, official website consultation, terms and conditions analysis, regulatory status verification with relevant authorities, and user reviews from Trustpilot and specialized forums. Our complete methodology is detailed on our methodology page. Last verified: May 2026.