Plus500 Review 2026
The full Plus500 write-up for Singapore traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in Singapore
| Regulator | MAS MAS, Monetary Authority of Singapore (MAS) |
| Licence Number | CMS100648 |
| Regulated Entity | Plus500SG Pte Ltd |
| Max Leverage (Forex) | 1:20 |
| 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 MAS register → | CMS100648 |
Verdict
Cooks under MAS (licence CMS100648). Cover charge $100. In Singapore, forex leverage is capped at 1:20.
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 Plus500SG Pte Ltd under MAS.
In Singapore, Plus500 serves as Plus500SG Pte Ltd, cleared by MAS under licence number CMS100648. Under MAS house rules, Singapore traders are poured no more than 1:20 leverage on forex pairs.
Trading Platforms
Pros
- MAS regulated, licence CMS100648
- 2,000+ instruments to trade
- Negative balance protection in Singapore
- 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 MAS, issued to the entity Plus500SG Pte Ltd, an authorisation you can look up for yourself on the official MAS public register.
What is the minimum deposit for Plus500 in Singapore?
The cover charge is $100, the smallest amount Singapore traders need to open a live account with Plus500 under MAS rules.
What leverage does Plus500 offer in Singapore?
In Singapore, MAS rules cap Plus500 at 1:20 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 MAS. 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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