Trading on Plus500 has become increasingly popular among retail traders across the globe, offering a sleek, user-friendly platform that gives access to a wide variety of global financial markets. Whether you’re interested in forex trading, commodities, cryptocurrencies, indices, or stock CFDs, Plus500 provides a powerful, regulated environment for both new and experienced traders to execute strategies with speed and simplicity.
This article dives deep into everything you need to know about trading on Plus500, including how the platform works, its features, available assets, account setup, risk tools, and top strategies for successful trading.
What Is Plus500?
Plus500 is a leading Contract for Difference (CFD) broker, founded in 2008, and headquartered in Israel. It operates under multiple regulatory authorities, including:
- FCA (UK)
- CySEC (Cyprus)
- ASIC (Australia)
- MAS (Singapore)
- FMA (New Zealand)
Listed on the London Stock Exchange (LSE: PLUS), Plus500 provides a transparent and secure trading experience to users in over 50 countries. It specializes in CFD trading, meaning users speculate on the price movement of assets without owning the underlying instruments.
Why Trade on Plus500?
Trading on Plus500 comes with numerous advantages, including:
- Access to 2,800+ global instruments
- Zero commissions on trades
- Tight spreads
- Fast execution
- Negative balance protection
- Advanced risk management tools
- Free unlimited demo account
The platform is ideal for scalping, swing trading, and day trading, especially for users who value a smooth trading experience with minimal distractions.
Instruments You Can Trade on Plus500
Plus500 offers CFD trading across several asset classes:
1. Forex CFDs
Trade over 70 currency pairs, including:
- Major pairs: EUR/USD, GBP/USD, USD/JPY
- Minor pairs: EUR/GBP, AUD/CAD
- Exotic pairs: USD/TRY, EUR/ZAR
2. Indices CFDs
Trade global indices like:
- S&P 500
- NASDAQ 100
- DAX 40
- FTSE 100
- Nikkei 225
3. Stock CFDs
Speculate on leading global stocks:
- Apple
- Tesla
- Amazon
- Microsoft
- Alibaba
4. Commodity CFDs
Trade natural resources and precious metals:
- Crude Oil
- Brent Oil
- Gold
- Silver
- Natural Gas
5. Cryptocurrency CFDs
Access top cryptocurrencies (as CFDs):
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Cardano (ADA)
- Dogecoin (DOGE)
Note: Crypto trading availability may vary by region due to regulatory constraints.
6. ETF and Option CFDs
Plus500 also offers trading on Exchange Traded Funds (ETFs) and options, expanding its portfolio of speculative opportunities.
How to Start Trading on Plus500
Step 1: Register for an Account
Sign up through the official Plus500 website or mobile app. Provide your email, set a password, and verify your identity as per KYC (Know Your Customer) rules.
Step 2: Choose Demo or Live Account
You can begin with a free, unlimited demo account to practice trading strategies risk-free. When you’re ready, switch to a live account and make a deposit.
Step 3: Fund Your Account
Minimum deposit: $100
Payment methods include:
- Credit/Debit Card
- PayPal
- Skrill
- Bank Transfer
Step 4: Select an Instrument and Place a Trade
Choose your asset class, analyze the chart, and open a Buy (Long) or Sell (Short) position based on your market analysis.
Step 5: Manage Risk and Monitor Your Trades
Use stop loss, take profit, and guaranteed stop features to manage your risk effectively.
Plus500 Platform Overview
Plus500 is known for its proprietary trading platform, which is available in multiple formats:
- WebTrader: Browser-based, no installation required
- Mobile App: Available on iOS and Android with full trading capabilities
- Tablet App: Optimized for larger screens
- Desktop Version: Lightweight and easy to install
Key Features Include:
- Real-time charts with multiple timeframes
- Integrated economic calendar
- Price alerts and notifications
- Custom watchlists
- Risk management tools
- Trading sentiment indicators
Risk Management Tools on Plus500
Trading CFDs is risky, but Plus500 equips you with powerful tools to help manage exposure:
- Stop Loss – Automatically closes a losing trade at a predefined price
- Take Profit – Closes a winning trade when your target price is hit
- Trailing Stop – Adjusts your stop-loss as the market moves in your favor
- Guaranteed Stop – Ensures your trade closes at the exact stop price (small premium applies)
- Negative Balance Protection – Ensures you never owe more than your deposit (for retail clients)
Costs and Fees on Plus500
While Plus500 does not charge commissions, costs include:
- Spreads – The difference between buy/sell prices
- Overnight Funding (Swap) – Applied to positions held overnight
- Currency Conversion Fees – If trading instruments in a different base currency
- Inactivity Fee – $10 per month after 3 months of inactivity
Always review the cost breakdown before entering a trade.
Popular Trading Strategies on Plus500
1. Day Trading
Short-term trades executed within the same day. Focuses on volatility in forex, indices, and crypto markets.
2. Swing Trading
Holding positions for several days or weeks. Ideal for trend-following on stocks or commodities.
3. Breakout Trading
Entering trades when price breaks out of a consolidation zone or key support/resistance level.
4. Range Trading
Buying low and selling high within sideways-moving markets.
5. News-Based Trading
Using macroeconomic data and company announcements to anticipate price action.
Pros and Cons of Trading on Plus500
✅ Pros
- Regulated in multiple jurisdictions
- Commission-free trading
- Intuitive platform
- Great mobile experience
- Wide range of instruments
- Advanced risk management tools
❌ Cons
- Only CFD trading available (no ownership of assets)
- Limited charting tools compared to platforms like MetaTrader
- Inactivity fee after 3 months
- No social trading or copy trading features
Is Trading on Plus500 Right for You?
You’ll love trading on Plus500 if you are:
- A beginner looking for an easy-to-use platform
- A mobile-first trader who values on-the-go access
- A CFD enthusiast who wants access to multiple global markets
- A trader focused on risk-controlled, leveraged speculation
It may not be ideal for long-term investors looking for asset ownership or those seeking complex tools like automated trading bots or custom indicators.
Final Thoughts on Trading on Plus500
Trading on Plus500 offers a seamless, regulated, and commission-free way to access global financial markets through CFDs. With its simple interface, tight spreads, and risk protection features, Plus500 has positioned itself as a top choice for retail traders worldwide.
If you’re looking to get started with online trading, Plus500 provides a low-barrier entry with a solid set of tools to help you trade smarter — from demo accounts to full-featured real trading platforms.