5 Review Points (All Rated 5/5 — Editorial Assessment)
The ratings below reflect our independent editorial assessment of usability and disclosure clarity. They are not an official broker rating and should not be interpreted as an absolute performance guarantee.
Source: Multibagger editorial review criteria (platform usability, disclosure clarity, onboarding/education, and overall reliability signals).
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
76% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Minimum Deposit Requirements
The minimum deposit to open a live trading account with Plus500 depends on the chosen funding method:
Minimum deposit: £50
Minimum deposit: £200
Note: Minimum deposits can vary by country, payment method, and account settings. Always confirm in the official Plus500 onboarding flow.
Important Information for Beginners
Trading CFDs requires knowledge, experience, and a clear understanding of risk. If you are new to trading or lack sufficient experience, it is strongly recommended to start with a demo account.
Use the educational resources available in the Trading Academy to build skills before moving to a live account. Practising in a risk-free environment can help you understand order types, leverage, and risk management.
Platform & Tools: Clean, Modern, User-Friendly
Plus500’s platform design is focused on clarity: clean watchlists, readable charts, and a structured order ticket that encourages users to review key details (size, stop-loss, take-profit, margin and costs) before placing a trade.
- User-friendly watchlists for fast instrument access
- Readable charting for quick technical checks
- Risk controls accessible from the trade ticket
- Mobile-friendly experience for monitoring positions
- Account overview with key information in one place
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
76% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Fees & Charges: What You Should Know
Plus500 charges fees that can vary depending on the instrument, your account activity, and how long positions are held. Fees can include spreads, overnight funding, currency conversion fees, and inactivity charges, among others.
For complete and up-to-date disclosures, review the official fee schedule directly on Plus500’s website:
View Plus500 full fee disclosure →
- Check spreads on the instruments you trade most
- Understand overnight costs if you hold positions beyond the day
- Review currency conversion conditions if funding/trading in different currencies
- Know inactivity rules if you don’t trade for extended periods
- Re-check costs before confirming any trade
- Use smaller size while learning
- Prefer demo practice for strategy testing
- Always apply risk controls appropriate to your plan
Pros & Cons
Balanced view: what stands out, plus the key considerations for CFD trading.
- Trustworthy, reliable presentation with clear navigation
- User-friendly platform design (desktop and mobile)
- Accessible information around risk and fees
- Risk tools integrated into order placement
- Beginner-friendly path via demo + education resources
- CFDs are leveraged and can lead to rapid losses
- Fees apply (including spreads and other charges)
- Holding trades overnight can incur funding costs
- Trading requires knowledge and disciplined risk management
- Product availability may vary by jurisdiction
Sources & Verification
We link to primary disclosures so readers can verify key information directly:
- Fees & charges (official disclosure): Plus500 Fees & Charges page
- FCA firm details (FRN 509909): FCA Financial Services Register (search FRN 509909)
Tip: For compliance and accuracy, periodically re-check the above sources and update this page’s “Last updated” date.
Final Verdict: Who Is Plus500 Best For?
Plus500 may suit traders who want a user-friendly platform and appreciate being able to locate key information such as fees, product risks, and account requirements. Beginners should start with a demo account and use educational resources before funding a live account.
| Best for | Why | Rating (Editorial) |
|---|---|---|
| Traders who value a user-friendly interface | Clean layout with practical navigation from watchlist to chart to order ticket. | 5.0 / 5 |
| Traders who prioritise disclosure clarity | Helpful access points for fees, risks, and account information (verify on official pages). | 5.0 / 5 |
| Beginners who will start responsibly | Recommended path: demo account + Trading Academy resources before using real funds. | 5.0 / 5 |
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
76% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.