Is Plus500 safe and legit？ Full review
Plus500 is an Israel-based broker established in 2010 and regulated by a long list of authorities, including the FCA in the United Kingdom, CySEC in Cyprus, ASIC in Australia, the MAS in Singapore, the FMA in New Zealand, the FSA in Japan, BAPPEBTI in Indonesia, CIRO in Canada, and the CMA in the United Arab Emirates, alongside offshore registrations in Seychelles and the Bahamas. The broker holds a safety level of 1 and an influence rating of AA, with an average influence index of 8.36 and a distribution footprint spanning the United Arab Emirates, Argentina, Austria, Australia, Azerbaijan, Bosnia, Bangladesh, Belgium, Bulgaria and Bolivia. Its main strengths are multi-regulator oversight, a long operating history and live support, while the notable drawbacks are multiple regulatory disclosures, negative disclosures from regulators and a high number of user complaints. Trading runs on a self-developed platform with mobile app support, and customer service covers 5 languages through social channels, although response times may be lengthy.
Regulatory Compliance and Security
Plus500 is supervised by multiple financial regulators across several jurisdictions. The broker's safety level is 1, and 10 regulatory disclosures were recorded in 2025, most of them warnings about clone firms impersonating the authorized Plus500UK Ltd entity. Two of the listed licenses, in Seychelles and the Bahamas, are classified as offshore regulation.
Trading software
Plus500 uses a self-developed trading platform and supports a mobile app. The software is highly customizable, available in multiple languages, and provides clear expense reports along with a good search function, but it lacks two-step login and biometric authentication. Windows, macOS, web and other application types are not supported. The overall software rating is Good, while the software experience is rated Fair.
MT4/5 Server Distribution:
- Plus500JPSecurities-Live — United Kingdom, Japan, China Hong Kong, Singapore
- Plus500JPSecurities-Demo — Japan
Mobile Support:
- iOS: Plus500 Trading & Investing, Plus500 Trading
- Android: Plus500 Trading & Investing, Plus500 Trading
Customer Service
Customer service supports 5 languages, and most inquiries can be answered by contacting the broker through its social channels, though response times may be lengthy.
Influence
Plus500 holds an influence rating of AA, with its influence mainly distributed in the United Arab Emirates, Argentina, Austria, Australia, Azerbaijan, Bosnia, Bangladesh, Belgium, Bulgaria and Bolivia, and an average influence index of 8.36.
5-10 years
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