Plus500 Review
Plus500 is a FTSE 250 fintech giant known for having one of the most intuitive and user-friendly trading apps in the industry. It does not offer MetaTrader; instead, it focuses on its proprietary WebTrader, which features unique tools like "+Insights" (community trends). In 2025, it expanded its US presence with a dedicated Futures trading platform.
Pros
- Extremely user-friendly interface
- +Insights tool (See what others are buying)
- Reliable & Listed (London Stock Exchange)
- Free & Unlimited Demo Account
Cons
- No MetaTrader (MT4/MT5) support
- No automated trading (EAs not allowed)
- Scalping is generally restricted (Time limitations)
Platform & Usability
+Insights & US Futures
FAQs about Plus500
Does Plus500 have MT4?
No, Plus500 uses its own proprietary trading platform available as a WebTrader and mobile app. It does not support MetaTrader 4 or 5.
Is Plus500 safe?
Yes, Plus500 Ltd is listed on the London Stock Exchange (FTSE 250) and regulated by top authorities like the FCA, ASIC, and CySEC.
Does it accept US clients?
Yes, but for Futures trading only via "Plus500US". CFD trading is not available to US residents.
What is the minimum deposit?
The minimum deposit is typically $100 / £100 / €100 via credit/debit card and PayPal.
Does it allow scalping?
Plus500 generally discourages scalping (opening and closing positions within minutes). It considers scalping "market abuse" if done excessively.
Regulatory Risk Warning
82% 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.