Plus500 Review 2026
The full Plus500 write-up for United Kingdom traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in United Kingdom
| Regulator | FCA FCA, Financial Conduct Authority (FCA) |
| Licence Number | 509909 |
| Regulated Entity | Plus500UK Ltd |
| Max Leverage (Forex) | 1:30 |
| Max Leverage (Crypto) | 1:2 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 0.6 pips |
| Instruments | 2,000+ |
| Platforms | WebTrader, iOS, Android |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: USD10/month after 3 months (no login) |
| Verify on FCA register → | 509909 |
Verdict
Cooks under FCA (licence 509909). Cover charge $100. In United Kingdom, forex leverage is capped at 1:30.
About Plus500
Plus500 opened its doors in 2008 out of a kitchen in Haifa, Israel. Its menu runs to 2,000 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. Plus500 trades publicly on the LSE:PLUS. It holds licences across several jurisdictions, with the head licence carried by Plus500UK Ltd under FCA.
In United Kingdom, Plus500 serves as Plus500UK Ltd, cleared by FCA under licence number 509909. Under FCA house rules, United Kingdom traders are poured no more than 1:30 leverage on forex pairs.
Trading Platforms
Pros
- FCA regulated, licence 509909
- 2,000+ instruments to trade
- Negative balance protection in United Kingdom
- Platforms: WebTrader, iOS, Android
- Founded in 2008 (18 years operating)
- Publicly listed (LSE:PLUS), subject to stock-exchange disclosure rules
Cons
- Inactivity fee: USD10/month after 3 months (no login)
- 82% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Key Facts, Plus500
- Listed on London Stock Exchange Main Market since 2018 (ticker: PLUS)
- Proprietary platform only, no MT4, MT5, or cTrader
- Offers guaranteed stop-loss orders (GSLO) at an added spread cost
Known Limitations
- Inactivity fee of $10/month applies after 3 months without login
- No support for automated trading (EAs/bots)
- CFD-only, no direct ownership of underlying assets
Frequently Asked Questions
Is Plus500 regulated?
Yes. Plus500 is authorised by FCA, issued to the entity Plus500UK Ltd, an authorisation you can look up for yourself on the official FCA public register.
What is the minimum deposit for Plus500 in United Kingdom?
The cover charge is $100, the smallest amount United Kingdom traders need to open a live account with Plus500 under FCA rules.
What leverage does Plus500 offer in United Kingdom?
In United Kingdom, FCA rules cap Plus500 at 1:30 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is Plus500 safe to trade with?
The kitchen passes inspection: Plus500 cooks under FCA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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