🔎Broker |
Plus500 |
Company Information |
|
📅Year Founded |
2008 |
🧑🏻💻Amount of staff |
569 |
👩💻Amount of active traders |
280,769 active users |
🌐Publicly Traded (Listed Company) |
Yes, on the London Stock Exchange’s Main Market |
Regulation and Security |
|
🛡️Regulation |
FCA, ASIC, CySEC, MAS, FSCA |
🌎Country of regulation |
UK, Cyprus, Australia, New Zealand, Singapore, South Africa, Israel, Seychelles, Estonia, United Arab Emirates, Japan |
💻Account Segregation |
Yes, client funds are held in segregated bank accounts |
🪫Negative balance protection |
Yes, in some jurisdictions |
🔋Investor Protection Schemes |
£85k to UK, €20k to EU clients, and $0 to other clients |
Account Types and Features |
|
➕Accounts |
Retail Account |
💳Institutional Accounts |
No |
👨💼Managed Accounts |
No |
📇Minor account currencies |
EUR/JPY, AUD/JPY, and GBP/EUR |
💰Minimum Deposit |
$100 / R1806 |
Trading Conditions |
|
🕞Average deposit/withdrawal processing time |
1-3 business days |
🪙Fund Withdrawal Fee |
$0 |
📊Spreads from |
0.8 pips |
💸Commissions |
No commission is charged |
💱Number of base currencies supported |
48 |
🚀Swap Fees |
Yes, Charged on leveraged overnight positions |
📈Leverage |
1:30 |
📏Margin requirements |
Yes |
☪️Islamic account (swap-free) |
No |
💻Demo Account |
Yes |
⌛Order Execution Time |
Typically fast (seconds) |
📆VPS Hosting |
Not offered |
Trading Instruments |
|
🧾CFDs-Total Offered |
Over 2800 financial instruments, including Shares, Forex, Indices, Commodities, ETFs and Options. |
🗠CFD Stock Indices |
Yes, including FTSE 100 |
⚖️CFD Commodities |
Yes |
📜CFD Shares |
Yes |
Deposits and Withdrawals |
|
💳Deposit Options |
Bank wires, credit/debit cards, Skrill, Neteller, and Paypal. |
💵Withdrawal Options |
Bank wires, credit/debit cards, Skrill, Neteller, and Paypal. |
Trading Platforms and Tools |
|
💻Trading Platforms |
User-friendly web and mobile platforms |
👩💻OS Compatibility |
Windows, Mac, Web-based |
🖥️Forex trading tools |
Cryptocurrencies, Forex, indices, commodities, shares, options, ETFs |
Customer Support |
|
🗣️Live chat availability |
Yes 24/7 |
📱Customer Support Online Whatsapp |
Yes 24/7 |
📞Customer Support Contact Number |
+65 6320 1111 and +65 6320 1119. |
👾Social media Platforms |
Yes (Facebook, Twitter, etc.) |
🗣️Languages supported on Plus500 Website |
32 Languages |
Educational Resources and Support |
|
🖺Forex course |
Not offered |
🧏♀️Webinars |
Free Trading Webinars & Market Analyses |
📚Educational Resources |
Free trading e-book, How to Videos etc. |
Partnerships and Programs |
|
🪪Affiliate program? |
Yes |
👨🏫Amount of partners |
40 000+ |
📋IB Program |
Yes |
🏃♂️➡️Do they sponsor any notable events or teams? |
BSC Young Boys Super League, Italian Serie A club Atalanta and Polish Ekstraklasa team Legia Warsaw. |
🪙Rebate program |
Yes |
South African Trader Specific Information |
|
Does Plus500 Accept South African Traders? |
Yes, offer full-trading package to South African traders. |
Is Plus500 regulated by the South African regulatory body (FSCA)? |
Yes, it is regulated and licensed by the FSCA. |
Do Plus500 offer an Affiliate Program for South African Traders? |
Yes, It offers an Affiliate program for most regions. |
Do Plus500 allow opening trading accounts in ZAR? |
The company supports having a base account currency in ZAR. |
👉Open Account |
Open Account (CFD Service. Your capital is at risk) |
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