Plus500 Brokers

Plus500 Review

John Caseman

Trading App Usability
Min Deposit Requirement
Regulatory Oversight
Good For Beginners

Plus500 Review Summary

They are an international broker that has been in business for more than a decade. They have more than 150,000 active clients trading on their platform. Their trading app is unique, and developed by their team of programmers.

Trading CFD’s with this broker is a good place to start for new investors.


Plus500 Demo Trading Accounts

All newbie investors at the broker Plus500 begin with a free demo account, so that they can familiarize themselves with their unique CFD trading platform. This is a very important step at the beginning of your investing journey. You need to properly understand the way that their software works, so that you will not be stuck when you are ready to invest or make a trade.

It is a good thing that Plus500 gives all their new customers a free demo account. You will be able to see order types, margin requirements, stop loss and take profit settings.

Demo Accounts vs. Real Accounts.

A Demo Trading Account is the perfect way to test out your newest trading strategy. If you are building an algorithm, you would have to be crazy to not first test it on a demo account.

There are a few differences in a demo account, as opposed to a real account.

  1. The money in your account is paper money, therefore, if you lose $10,000, you can start again.
  2. Psychologically investors are not as cautious when using a demo account. This causes them to place riskier trades, and sometimes gain huge profits, which are fake.
  3. All trades will execute on a demo account, but in a real account there are sometimes liquidity issues which will prevent an execution.

How to Open a Plus500 Demo Account?

In order to open a demo trading account at Plus500, you will need only need a valid email address, and your chosen password.

Once there, enter your Full Name and Email Address. After you click on Create Account, they will take you to the next screen which asks for your mailing address, along with a couple of questions to ensure your are qualified to invest.

This broker is unique in their trading platform. They have a web based platform, along with mobile apps, and a Windows app.

Plus500 Demo Trading Account
Plus500 Demo Trading Account

Plus500 Summary Review

Plus500 is a popular Forex CFD broker with offices worldwide, offering CFD investors and day traders alike, the ability to invest in a regulated trading environment.

They have a wide range of products to trade CFD’s. You will find Forex Currency Pairs, Crypto Currencies (Bitcoin, Ethereum, Ripple), Commodities (Oil, Natural Gas), Metals (Gold, Silver, Platinum etc.) and Market Indexes (S&P 500, Nikkei, Nasdaq).

*Disclaimer: 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Cryptocurrency trading: Availability is subject to regulations

Broker Complaints

When you have a complaint about your broker, and you cannot resolve it directly at the broker, you may want to elevate the complaint to the regulator.

Here are links to the popular regulatory agencies: Cyprus CySEC , United Kingdom FCA, Australia ASIC, South Africa FSCA. Another option is to hire an outside company to attempt to recover your deposits. Learn more about Trader Protection Recovery Services.

Investors that use a legitimate broker that is licensed and regulated have less problems. Check out the list of Top Rated Brokers.