PLUS500 Forex Broker Review


Plus500 is one of the largest trading companies online. Offering a variety of trading instruments and benefits which you can't find anywhere else. Trading instruments include stocks, Forex, indices and commodities like gold, silver and oil all in one place. With Plus500.com you can trade CFDs on various instruments. Leverage up to 1:200 and with zero commission!

When opening an account with Plus 500, you will be surprised by some very nice and helpful bonuses. For one, their demo account is not limited by time, something that is quite unusual in the Forex market. In addition, Plus 500 offers a 30% bonus on your first deposit, as well as a $50 gift toward your trading account.

Current Plus500 promotions:

  • Free no deposit bonus of $20 to trade click here  
  •  First deposit bonuses!
  • 10% bonus (up to $1000) click here »
  • Exclusive bonus codes!
  • Deposit $100 get $30 free! use bonus code FIRST100
  • Deposit $500 get $150 free! use bonus code FIRST500 
  • Deposit $1000 get $200 free! use bonus code FIRST1000 
  • Deposit $5000 get $500 free! use bonus code FIRST5000  
  • Deposit $10000 get $2500 free! use bonus code FIRST10000
Note: the $200 bonus is released once $200 worth of trades have been placed. Bonuses are only available on first time deposits. To qualify, be sure to use the relevant codes in the Bonus Tab when funding your account. 


Their site offers very helpful training videos explaining and displaying their trading platform and exactly how to trade with it. I found these to be very helpful and a resource that should definitely be used before trading with Plus 500.

Plus500 is an impressive broker and they give you the feeling they really want your business with all their offered bonuses. However, for some odd reason, they do not offer live chat, something that raises a red flag and gives you the impression that they might want your business, but they do NOT want to talk to you about it, a theory magnified by the fact that they do not take phone orders.

Checklist:

  • Country located: Cyprus

  • Company founded: 2007

  • Free demo account: Yes (+ free $20 live Ac.)

  • Minimum account size: $25 (min deposit)

  • Maximum leverage: 1:200 - (Forex 1:200 | Indices 1:50 | CFDs 1:200)

  • Pip Spread on majors: 2 pips

  • Commission charged: None

  • Products available: Stocks, Forex, CFDs, Indices, Oil

  • CFDs: Yes

  • Additional notables:

    1. Real-time live streaming quotes
    2. Get $10,000 Buying Power with $50!
    3. Depositing funds could not be easier with almost any option open to you. These include money transfer,   credit card, and money bookers. Registering for Plus 500 was also completely seamless and surprisingly, so was withdrawing funds. 

    Languages:


    English, Spanish, Arabic, French, German, Italian, Hebrew and Turkish.

    Contact details


    Headquarters: Larnaca, Cyprus
    Fax: +44 203 002 7290





    Open Real Account

    Free Demo Account

    Company Description:

    Plus500 strives to give every trader the ability to easily and efficiently trade any financial product around the globe including: Stocks, Indices, Metals, Commodities and Currencies.

    Plus500 is a multi-asset trading platform. Our wide coverage includes UK, US, European and Asian exchanges; plus trading on Forex, Indices and Commodities.

    To provide our clients with the optimum trading platform, we have built strong execution relationships with many of the world’s largest international banks. These relationships offer the benefits of increased size of deals, better prices and superior execution which, in turn, we pass onto our clients.

    Our group believes in:
    Transparency – we make it clear to our clients exactly what they get and what they pay for. It’s what we expect from our providers, it’s what our clients get from us.


    Professionalism – our product is designed with enhanced security ensuring safe and seamless trading. It’s what we expect from our providers, it’s what our clients get from us.

    The Human Side - Plus500 is operated by a dynamic group of programmers. We have our ups and downs and successes and failures, just like you. Keep faith in yourself, don't change your behaviour and continue going forward. It’s what we expect from our providers, it’s what our clients get from us.

    Plus500 is operated by: MeVideoCY Ltd, Larnaca, Cyprus.

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