Independent broker review

Plus500 Review 2026

Plus500 is a London-listed CFD specialist with FCA, CySEC and ASIC entities and a proprietary app rather than a MetaTrader-first model.

Last verified 02 September 2026 How we score brokers

Reviewed by Marcus Reed Senior Markets & Regulation Analyst

Pros, cons and who it is not for

Holds at least one tier-1 licence (FCA, ASIC, CySEC, DFSA, CFTC/NFA or FMA).
Multiple legal entities are documented, so you can match the company in the client agreement.
Islamic / swap-free accounts are published as available in supported regions.

Swap-free status is region-dependent, not a global default.
MetaTrader is not the primary published stack — useful for some, a gap for EA users.
Retail leverage is capped near 1:30 on the UK/EU/AU-style entities listed here.

Match the legal entity and license number below against the account agreement before you deposit.

Schematic frames of the published platform stack. These are not live account captures and do not show profits, balances or fills.

Mobile app — schematic of a phone trading path. Download the build that matches your legal entity.

Web / proprietary platform — schematic of browser trading. Features differ by entity.

Plus500 webtrader and mobile apps.

UK clients of Plus500UK Ltd may access FSCS where eligible. CySEC clients may access ICF compensation up to EUR 20,000.

Listed CFD brand with strong UK, EU and Australian footprints. Not positioned as a raw-spread MT4 ECN.

Dated checks on this profile. 2026 is the first published score year.

2026-09-02 Published the 2026 8-pillar score for Plus500. This is the baseline year — earlier ranks are not backfilled.
2026-08-19 Directory entity check: licences, legal names and register URLs re-verified on this profile.