Plus500 review: products, pricing and markets (2026)

Plus500 is a trading group listed on the London Stock Exchange that sells contracts for difference (CFDs) on its own platform, plus share dealing in some markets and exchange-traded futures in the US. Its retail business runs through separate subsidiaries licensed by the FCA in the UK, CySEC in Cyprus, ASIC in Australia and seven other regulators.

The international pages of plus500.com showed this warning on 3 November 2026: 76% of retail investor accounts lose money when trading CFDs with this provider. Those pages did not say which Plus500 entity the figure belongs to, and we could not open the UK, EU or Australian versions of the site to record entity-level figures.

At a glance

Customer numbers

Plus500's investor relations site, opened on 3 November 2026, gave these figures for the 2025 financial year.

Products and services

CFDs

CFDs are the core product, across more than 2,800 instruments according to the About Us page. Plus500 acts as the counterparty on each trade; the UK risk disclosure notice says so in plain terms. The same notice says that in the UK, crypto CFDs are available only to elective professional clients, not to retail accounts. It also states that a UK client cannot lose more than the balance of the trading account.

Share dealing

The About Us page lists share dealing alongside CFDs. Availability depends on the entity and country.

US futures and prediction markets

In the US, Plus500US Financial Services LLC is a registered futures commission merchant offering futures and options on futures. Its fee page also lists prediction markets contracts. On 28 October 2026 the investor relations site carried a headline saying Plus500 was the first FCM to go live with Kalshi Perps; we did not open the full release.

Fees and pricing

Plus500's FAQ pages, opened on 3 November 2026, describe the following CFD charges. Rates for individual instruments appear in the platform under each instrument's details, not on the public site.

The Plus500CY user agreement (version 2026/3) states the same 0.7% ceiling for currency conversion. Older documents can differ: the Plus500AU financial services guide (version 9, prepared 1 November 2018) describes the inactivity fee as quarterly rather than monthly, so the agreement for your entity is the document to rely on.

US futures pricing is published separately by Plus500US.

Exchange and clearing fees come on top of the US commissions.

Markets, currencies and payment methods

Plus500 serves clients through local subsidiaries in the UK, the EEA (via Cyprus and Estonia), Australia, New Zealand, South Africa, Singapore, the UAE, the Bahamas, Seychelles, Canada and the US. A CySEC disclosure from Plus500CY lists further third countries, including Switzerland, the UAE and Mexico, where it serves clients on an unsolicited basis unless local rules allow marketing.

Account currencies, deposit methods and limits are set in each entity's user agreement. The Australian guide, for example, says accounts default to AUD unless the client nominates another home currency.

Regulation in brief

Plus500 Ltd does not hold a trading licence itself. It owns the subsidiaries below, which are listed on Plus500's own regulatory FAQ page. We were unable to open the FCA and CySEC registers directly from our research tools on 3 November 2026, so every row is marked as a company disclosure. The UK reference was also confirmed in an FCA warning notice about a clone of the firm.

The entity you sign with depends on where you live, and protections differ between them. Our guide on how to check a financial licence explains how to confirm each row yourself on the FCA register or CySEC's list of Cyprus investment firms. For background on the Cypriot regime, see our CySEC explainer.

Who it tends to suit

Plus500 is commonly used by retail traders who want a single proprietary platform for CFDs without a commission line, and who accept spread-based pricing and overnight funding. The US futures offer may suit traders who prefer exchange-listed contracts with a published per-contract fee. Long-term investors should note the UK risk notice's own point that CFDs are not suited to long-term holding.

For a side-by-side view, see Plus500 vs eToro. Other brokers we profile include IG, XTB, Pepperstone and eToro. The forex and CFD hub lists all of them.

What to check before signing up

• Which Plus500 subsidiary your account sits with, and its licence on the regulator's register.
• The retail loss figure shown on your local Plus500 site, which can differ from the international figure.
• The inactivity, currency conversion and overnight funding terms in your entity's user agreement.
• Whether a guaranteed stop is available on the instrument, and the wider spread it carries.
• That you are dealing with the real firm: the FCA has flagged several Plus500 clones.

Information only, not financial or investment advice. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Plus500's international site stated on 3 November 2026 that 76% of retail investor accounts lose money when trading CFDs with this provider.