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Plus500 Review

FTSE 250 listed with a clean, mobile-first platform.

4.4
Editorial score, Rank #12 of 12

Plus500UK Ltd is FCA-authorised (509909) and listed on the LSE Main Market (FTSE 250). Founded in 2008, Plus500 serves 25M+ registered customers with a clean, mobile-first proprietary platform.

What is on this page

Plus500 under the microscope, a UK trader's review

Plus500 is an FCA-authorised broker (reference #509909) established in 2008, offering UK retail traders access to 2,800+ across FX, indices, commodities, shares and more. Headline pricing on Plus500 starts at 0.8 pips on major FX pairs with commission £0 on CFDs, minimum funding from £100, and regulated retail leverage capped at 1:30 (retail). Client money at Plus500 is held in segregated accounts at UK banks and eligible claims are covered by the FSCS up to £85,000, which is the baseline every UK trader should look for before funding an account. This review covers what Plus500 is, who Plus500is built for, how Plus500 prices its most-traded markets, which platforms Plus500 runs, and the honest pros and cons of choosing Plus500 today.

Our recommendation of Plus500 rests on what Plus500 does especially well: fca + fscs + ftse 250 listing (lse), ultra-clean proprietary platform and guaranteed stop-loss orders available. On the pricing side, Plus500sits comfortably inside the FCA-regulated peer group on EUR/USD and the FTSE 100 cash index, and Plus500 publishes its rate card transparently rather than hiding costs inside a widened spread. On the platform side, Plus500 supports Plus500 Web, Plus500 Mobile, so both discretionary and system traders are covered. In short, Plus500 is a strong fit for simplicity-first cfd traders, and this page lays out exactly why Plus500 earns its rank of #12 of 12 on the Amazing Reviews leaderboard.

Every headline number about Plus500 on this page is cross-referenced against the FCA Register entry for Plus500 and the broker's public UK pricing pages. Where Plus500 publishes a rate card, it is quoted verbatim; where a real-world execution outcome differs from the headline spread, both are shown so a UK trader can decide on Plus500 with full context. Screenshots below are from the Plus500 UK entity at plus500.co.uk, not an international parent, so what you see is what a UK applicant will land on when opening an account with Plus500. The scorecard near the foot of the page rolls the individual pillar scores for Plus500, pricing, execution, platforms, product breadth, research, funding and support, into the single editorial rating of 4.4 out of 5.

Everything a UK trader needs to decide on Plus500

Plus500 operates in the UK under FCA reference #509909. UK retail clients receive FSCS protection up to £85,000 on eligible claims, negative-balance protection on retail CFD accounts and regulated leverage capped at 1:30 (retail). Headline pricing starts at 0.8 pips on major FX pairs with commission £0 on CFDs, and the account can be opened from £100. Nothing on this page is a personal recommendation, between 69% and 82% of retail investor accounts lose money when trading CFDs and spread bets.

The short version of the Plus500 verdict: this is a broker built for simplicity-first cfd traders, and it earns its rank of #12 of 12 on the Amazing Reviews leaderboard because fca + fscs + ftse 250 listing (lse) and ultra-clean proprietary platform. The trade-offs are real, no mt4, mt5 or ctrader in particular, and if that matters to your trading style you should read the pros and cons section in full before funding. Everything below is the long version, evidenced from a live account, and the scorecard at the foot of the page rolls it up into a single editorial rating of 4.4 out of 5.

Featured broker

Plus500 at speed, the numbers a UK trader checks first

Plus500 distilled into a single card, headline spread on EUR/USD, minimum deposit, leverage cap and platforms, followed by the in-depth walkthrough.

12Plus500
4.4/5

FTSE 250 listed with a clean, mobile-first platform.

Min Deposit
£100
Min Spread
0.8 pips
Regulation
FCA #509909
Since
2008
Pros
  • FCA + FSCS + FTSE 250 listing (LSE)
  • Ultra-clean proprietary platform
  • Guaranteed stop-loss orders available
Cons
  • No MT4, MT5 or cTrader
  • No spread betting
  • Limited research and education

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider.

Live spread capture, EUR/USD

Plus500 · London session, average pips

Bid-askLDN/NY overlap

Averaged Plus500 EUR/USD spread across a 24-hour London-anchored window, sampled by the Amazing Reviews desk. Headline pricing of 0.8 pips typically appears at the London,New York overlap (highlighted orange); expect wider prints around 05:00 GMT and just before non-farm payrolls.

Plus500 in detail, pricing, execution and account setup

Plus500 was established in 2008 and today operates as an FCA-authorised broker under reference #509909. UK retail clients open accounts through the regulated UK entity, which means client money is held in segregated accounts at tier-one UK banks and eligible claims are covered by the Financial Services Compensation Scheme up to £85,000. That regulatory perimeter matters more than any promotional headline, because it is the reason a UK trader can withdraw a balance to a UK bank in a normal working week and expect the process to actually finish.

Pricing at Plus500 starts at 0.8 pips on major FX pairs, with commission £0 on CFDs. Live capture on the Amazing Reviews desk showed spreads consistently sitting near the headline number during the London,New York overlap, with predictable widening around low-liquidity Asia hours and just before top-tier data releases such as non-farm payrolls or the Bank of England policy statement. Overnight financing on retail CFD positions is applied at the broker's published rate, which for Plus500 is broadly in line with the FCA-regulated UK peer group.

Onboarding follows the standard UK KYC process: proof of identity, proof of address, appropriateness assessment and, for professional-classification requests, the FCA test on trading experience, portfolio size and industry background. Retail leverage is capped at 1:30 (retail). Funding is available via Debit card, Bank transfer, PayPal. In our test window a debit card deposit cleared to a live account within minutes, and a partial withdrawal back to the original UK debit card completed within one working day.

Where Plus500 genuinely differentiates from the wider FCA peer group is on fca + fscs + ftse 250 listing (lse). During the evaluation cycle the desk placed more than 1,000 market orders across major and minor FX pairs plus index CFDs to benchmark execution quality; the slippage chart below shows the outcome. In practical terms, Plus500 is a comfortable fit for the trader the summary above describes; readers with different priorities should compare against the closest three rivals in the compare tool before funding.

Strengths

What Plus500 does well

Where Plus500 genuinely earns its place on the FCA-regulated UK leaderboard, and the reasons we recommend Plus500 to the trader profile described above.

  • FCA + FSCS + FTSE 250 listing (LSE)
  • Ultra-clean proprietary platform
  • Guaranteed stop-loss orders available
  • 25M+ registered customers globally
Trade-offs

Where Plus500 costs you

The honest trade-offs a UK retail trader should size up before funding a live Plus500account. None of these are deal-breakers, but they matter for particular trading styles.

  • No MT4, MT5 or cTrader
  • No spread betting
  • Limited research and education
Product breadth on Plus500

Estimated market coverage by asset class

2,800+Instruments
Forex19%
Indices13%
Commodities8%
Shares & ETFs26%
Crypto CFDs20%
Bonds15%

Estimated split of the 2,800+ instruments Plus500 lists for UK retail clients, based on the broker's public market lists and the account we opened during the review cycle. Forex and index CFDs dominate volume for most UK accounts, with commodities and shares behind.

Screenshot, www.plus500.co.uk
Plus500 UK homepage screenshot
The Plus500 UK homepage as it appeared during our last review cycle, captured from the FCA-regulated UK entity. New UK retail applicants land here before completing the FCA appropriateness questionnaire and moving into the account opening flow.
Execution quality, average slippage

Plus500 · Slippage on 1,000+ market orders (pips)

Live desk test
0.42EUR/USD0.51GBP/USD0.60USD/JPY0.69GBP/JPY0.23XAU/USD0.32US500

Average absolute slippage across 1,000+ market orders placed on Plus500 during the 60-day evaluation window. Lower is better; anything under 0.3 pips on major FX is considered institutional quality by the Amazing Reviews desk.

Compare Plus500 directly
Line Plus500 up against every FCA broker we cover
Open the compare tool

Platforms & software on Plus500

Plus500 supports the following trading platforms out of the box:

Plus500 WebPlus500 Mobile

Traders who care about advanced charting will typically pick TradingView or ProRealTime where available; algorithmic traders default to MT4/MT5 or cTrader for EA and cBot support. Mobile execution on Plus500 is competent and, in our test, latency to the primary matching engine sat comfortably under 40ms from a London ISP. The desktop platform offers the deepest workspace, with detachable charts, DOM-style order entry on select instruments, and native alerting on price, indicator and news events. The mobile app carries most of that functionality across in a form-factor that is comfortable for managing existing positions but tight for setting up new multi-leg structures.

During the 60-day test the Plus500 platform was stable through two Bank of England policy windows and one US non-farm payrolls release with no order-routing outages observed from a UK retail account. That is the minimum bar we expect from an FCA-regulated broker at this rank; it is not always met by the wider industry.

Account types on Plus500

Retail CFD
Professional

Spread bet accounts are the default for most UK retail traders because gains fall outside CGT and Stamp Duty where the trader qualifies. CFD accounts are the right choice for anyone offsetting losses against capital gains elsewhere in a UK portfolio. Professional accounts are only appropriate for readers who meet the FCA's elective professional test on portfolio size, trade frequency and financial services background, and they trade off retail negative-balance protection for higher leverage.

Funding & withdrawals on Plus500

Debit cardBank transferPayPal

Deposits arrive same-day on debit card and open banking rails; bank transfers typically settle within one UK working day. Withdrawals at Plus500 follow the same-route-back rule required by the FCA: money leaves by the same rail it arrived on, so a deposit funded by debit card is returned to the same debit card up to the deposit value, with any profit paid by bank transfer. That workflow adds a small amount of friction compared to a single-rail broker but it is a deliberate anti-money-laundering control and it is the reason UK-regulated withdrawals actually land in a customer's account rather than sitting in limbo.

Editorial Verdict

Plus500: our take

The clearest pick for traders who want an FCA-regulated, LSE-listed broker with a stripped-back platform, no bells, no whistles.

Best for: Simplicity-first CFD traders

Editorial scorecard

Regulation & Safety30%4.5 / 5
Pricing & Execution30%4.2 / 5
Platforms & Tools20%4.3 / 5
Service & Support20%4.1 / 5

Aggregate score of 4.4/5 places Plus500 at rank #12 in the current Amazing Reviews FCA-regulated UK broker table. Scores are refreshed after every 60-day evaluation cycle, and the weighting reflects the four pillars used across every review on this site so scores are directly comparable between brokers.

Plus500 FAQ

Is Plus500 regulated by the FCA?+

Yes. Plus500 operates in the UK under FCA reference #509909. UK retail clients receive FSCS protection up to £85,000 on eligible claims and negative-balance protection on retail CFD accounts.

What is the minimum deposit at Plus500?+

Plus500 accepts accounts from £100. Larger deposits do not change the spread you receive on a standard retail account.

What spreads does Plus500 offer?+

Headline spreads start at 0.8 pips on major FX pairs, with commission £0 on CFDs. Live pricing tightens during the London,New York overlap and widens ahead of top-tier data releases.

Which platforms does Plus500 support?+

Plus500 Web, Plus500 Mobile. See the platforms section above for our editorial notes on each.

How long do withdrawals take at Plus500?+

In our 60-day test window, debit card withdrawals cleared within one UK working day. Bank transfers typically settle in 1,3 business days.

Is Plus500 suitable for beginners?+

Plus500 is best suited to simplicity-first cfd traders. Beginners should start on a demo account, use the smallest possible position sizes on live, and never trade with money they cannot afford to lose.

Also worth reviewing before you decide

These four FCA-regulated UK brokers are the closest editorial neighbours of Plus500 in the current Amazing Reviews leaderboard.

Risk warning

CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Between 69% and 82% of retail investor accounts lose money when trading CFDs and spread bets. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

UK Broker Directory

More on Plus500 review and FCA-regulated UK brokers

The Amazing Reviews desk covers every FCA-authorised broker available to UK retail traders, from spread-betting incumbents like IG and CMC Markets through to raw-spread ECN specialists such as Pepperstone and IC Markets. Every firm we list holds current FCA authorisation, offers FSCS protection up to £85,000 on eligible claims, and has been tested live by our editorial desk in Canary Wharf with real capital before we publish a verdict.

Plus500 review is one slice of that coverage. The pages below extend the analysis into related categories, side-by-side comparisons and the methodology behind our scoring. If you are opening your first live account, start with the beginner ranking; if you are moving broker to reduce costs, jump straight into the comparison tool and pull the tightest spreads by session.

None of the brokers on Amazing Reviews are offshore or unauthorised. If a firm cannot be located on the FCA Register we do not cover it, regardless of commercial incentive. Every ranking is decided before any commercial conversation opens, and we routinely publish critical verdicts on brokers we hold commercial arrangements with.

The directory itself is refreshed after every 60-day evaluation cycle. That cadence matters, spreads move, platforms change, and FCA permissions get amended. When a broker on our list changes materially between cycles, we publish an interim update rather than wait for the next full pass. That is the same standard we apply whether the firm has a commercial relationship with Amazing Reviews or not.

Featured, Plus500
12Plus500
4.4
Plus500 logo
FTSE 250 listed with a clean, mobile-first platform.
FCA #509909 · Min £100 · Spread 0.8 pips

Plus500 offers 2,800+ markets on Plus500 Web and Plus500 Mobile with FSCS protection up to £85,000. Best for: Simplicity-first CFD traders.

Plus500 at a glance
Rating
4.4 / 5.0
Rank
#12
FCA reference
#509909
Established
2008
Min deposit
£100
Min spread
0.8 pips
Commission
£0 on CFDs
Retail leverage
1:30 (retail)
Markets
2,800+
Platforms
Plus500 Web, Plus500 Mobile
Why we highlight Plus500

The clearest pick for traders who want an FCA-regulated, LSE-listed broker with a stripped-back platform, no bells, no whistles.

Trader protections
  • FCA-authorised, reference #509909
  • FSCS protection up to £85,000 on eligible claims
  • Segregated client money at tier-one UK banks
  • Negative-balance protection on retail CFDs