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70
Grade B

Plus500 Review (2026)

Plus500 WebTrader

Plus500 scores 70/100 in our review (grade B, very good), a Haifa, Israel (LSE-listed in London)-based broker regulated by FCA (UK), CySEC (Cyprus), ASIC (Australia). It does not currently offer MetaTrader 5, so Market Structure Pro cannot be used here.

MSP Score /100:85+ Excellent70 to 84 Very good55 to 69 Fair<55 Caution
Regulation
22/25
Costs
13/20
Platform
10/20
Execution
8/15
Instruments
8/10
Support
9/10

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Plus500 at a glance

HeadquartersHaifa, Israel (LSE-listed in London)
Founded2008
RegulationFCA (UK), CySEC (Cyprus), ASIC (Australia), FMA (New Zealand), MAS (Singapore), FSCA (South Africa), ISA (Israel), FSA (Seychelles)
PlatformsPlus500 WebTrader, Plus500 mobile app
MetaTrader 5No
Own platformPlus500 WebTrader
Account typesRetail, Professional, Spread Betting (UK), Demo
Min deposit$100
Typical EURUSD spread0.8 pips
Typical Gold spreadn/a
CommissionNo dealing commission on CFDs; compensated via the bid/ask spread only. Other costs: overnight funding, up to ~0.7% currency-conversion fee, and inactivity fee (up to $10/month after 3 months)
ExecutionMarket maker
Funding methodsCard, Bank transfer, PayPal, Skrill, Apple Pay
Demo accountYes
Support24/7

Pros & cons

✓ Pros

  • Regulated by multiple tier-1 authorities (FCA, ASIC, CySEC, MAS, FMA) and LSE-listed (FTSE 250)
  • No dealing commission; simple spread-only CFD pricing
  • Free unlimited demo account
  • Broad instrument range (2,800+ CFDs) plus separate Invest and US Futures products
  • User-friendly proprietary WebTrader and mobile app with 24/7 support

✗ Cons

  • No MetaTrader (MT4/MT5), no cTrader, no copy trading, MSP cannot be used
  • No phone support
  • Inactivity fee (up to $10/month after 3 months)
  • Limited educational and in-depth research content
  • CFDs unavailable to US retail clients; crypto CFDs restricted for UK retail

Full review

Plus500 is a London Stock Exchange-listed (FTSE 250), multi-regulated fintech founded in 2008 that offers CFD trading exclusively through its own WebTrader and mobile app; it does not support MetaTrader 4 or 5, so Market Structure Pro cannot be used. It provides 2,800+ CFD instruments across forex, indices, commodities, shares, ETFs, options and crypto with commission-free, spread-based pricing under a market-maker model.

Separate Plus500 Invest (real shares, select regions) and Plus500 Futures (US only, exchange-traded) products extend the lineup. Support is available 24/7 via chat but there is no phone line, and tools for advanced/automated trading are limited.

It does not accept US retail clients for CFDs. Best suited to beginners and casual CFD traders who value simplicity.

Reputation & reviews

A separate reputation score out of 100, based on genuine user reviews across the web and kept independent of the feature score above. Our read: reviews are mixed.

Reputation score
73/100
Verdict
~ Mixed reviews

Plus500 is a genuine, FTSE 250-listed CFD provider authorized by numerous Tier-1 regulators (FCA, ASIC, CySEC, MAS, FMA, JFSA); professional sites rate it 4.5/5, so scam allegations aren't credible. Consumer platforms skew lower (Sitejabber 1.9/5) on tiny volume, complaints following the typical CFD pattern of trading losses/account-closure, not fraud. Polarized ratings normal for a large CFD broker.

Read real reviews of Plus500

⚠ Regulatory flags & warnings

Can I use Market Structure Pro with Plus500? Not directly. Plus500 does not offer MetaTrader 5, which MSP requires, so browse MT5 brokers instead.

Sources: www.plus500.com · www.forexbrokers.com · brokerchooser.com. Figures are typical and change, so confirm on the broker's site.

Compare more: browse the full MT5 broker directory or read our best MT5 indicators for 2026 guide.