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Plus500 review: Global CFD trading platform

Trade more than 2000 CFD and forex trading instruments from the one account.

warning iconImportant: This broker offers CFDs which are a leveraged product and can result in the loss of your entire capital. Ensure you fully understand the risks before trading.

Plus500 is a well-recognised provider of Contracts for Difference (CFDs) globally, offering stock (CFD), commodity and forex trading for retail traders. With over 2000 financial instruments including stock market CFDs, Plus500 is a solid all-round trading option.

Compare Plus500 as an online broker to trade gold stocks, ETFs and CFDs

Name Product Number of Stocks Shares Available Markets
CFD Service. Your capital is at risk.

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

Quick verdict

Good for
  • Easily trade CFDs and forex from the one account
  • Multiple international markets
  • No commissions
Not so great for
  • No physical stock trading

About Plus500

Headquartered in Israel, but holding licenses in multiple jurisdictions, Plus500 services clients over the world. Plus500 is a global powerhouse in the CFD and forex trading space, with a listing on the London Stock Exchange and a front of shirt sponsorship with football giants Atletico Madrid.

If you’re a Singaporean trader, then it’s worth noting that the company’s Singapore subsidiary, Plus500 SG Pte Ltd holds a capital markets services license from the Monetary Authority of Singapore (MAS) and has an office located in Millenia Tower.

What markets can I trade with Plus500?

Plus500 offers services and options that will please practically every type of investor. Through the Plus500 trading platform, you are able to gain access to financial market data including real-time data to help guide your trading decisions. Once you have been signed up you will have access to:

  • Stocks CFDs. Singapore and global stock CFDs are available from over 20 different countries. This includes stocks listed on exchanges in the United States, Germany, the UK, France and more. Some of the most popular stock market CFDs are CapitaLand, Keppel, SGX, Facebook, Apple and Alphabet.
  • Forex CFDs. You can trade foreign exchange markets (forex) on the Plus500 platform and pay no commissions on your activity. You can access leverage up to 1:20 and even test your strategy across multiple currency pairs on a demo account before going live.
  • Index CFDs. There are dozens of indices available to trade on the Plus500 platform, acting as a key diversification for your investments. Pick from Singapore 25, the S&P 500, the Italy 40 and many more.
  • Commodities CFDs. Trade a number of commodity market CFDs on leverage, with an account as small as $200. Popular commodities markets available on the Plus500 platform include gold, silver and oil.
  • ETF CFDs. Trade CFDs that track the price of some of the most popular Exchange Traded Funds (ETFs) such as the VXX volatility index. Access ETF markets with low spreads and free stops and limits on all ETF CFD orders.
  • Options CFDs. Call or put option CFDs are available on markets such as the Dax 30, S&P 500, CAC 40, MIB 40, and the AEX 25. No commissions are charged as you’re still trading CFDs and not holding the underlying asset itself.
  • Cryptocurrency CFDs. Plus500 lets you trade a wide range of cryptocurrency CFDs. Features of the trading platform including price alerts, stop loss and trailing stop orders, are also well suited to the volatile nature of cryptocurrency, all there to help you manage risk.

Key features of a Plus500 CFD trading account

The following features of the Plus500 CFD and forex trading platform will help you make a decision on whether they’re the right broker for you:

Trade CFDs and forex on the one platform

You’ll have access to more than 2000 tradable markets, including local/international stock market CFDs, forex, indices, commodities and cryptocurrency markets. You’re able to trade them all long and short on margin.

Trading account accessibility

You can access your Plus500 trading account in multiple ways, including a cloud based trading platform, desktop platform, smartphone apps (iOS and Android) and even dedicated tablet apps (iOS and Android). Trade your way, wherever you may be.

Free demo account

Using pretend money, you can learn how to effectively trade CFDs and forex before committing your own money on a live account. There is no time limit for how long you can use the demo account, which subjects you to real market conditions so that you can see how well your strategies work.

Advanced trading tools

A number of tools are accessible on the Plus500 trading platform to help you manage your risk in the markets. These include stop-loss orders, stop-limit orders, trailing stop orders, limit setting, price alerts and guaranteed stops.

Singapore regulated broker

Plus500 (Plus500SG Pte Ltd) is licensed in Singapore by MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018) and follows strict regulatory requirements in order to remain. This includes all client funds being held in a segregated trust account and cannot use them for hedging purposes.

No commissions

Plus500 doesn’t charge commissions on trades, instead running a spread only model that ensures traders’ costs are clear when they enter and exit trades. The spread is variable and up-to-date prices are always streamed live to your trading platform.

What are the spreads and fees from Plus500?

  • No commissions. Unlike other CFD and forex brokers that also charge commissions on each trade, Plus500 does not charge commissions on trades, only the spread. The spread is variable between products, with up-to-date spreads always displayed within your trading platform.
  • Holding a trade overnight. As is standard practice, an overnight funding amount is either added to or subtracted from open trades when holding a position overnight. Check the ‘Overnight Funding Time’ on the market details within your trading platform.
  • Inactivity fee. In the event that your Trading Platform is inactive for 3 months, you will incur a fee of $10. This is to offset the cost incurred in making the service available to you, even though it’s not being used.

What are the pros and cons of trading with Plus500?


  • Range of markets to trade. Opening an account with Plus500 gives you access to a broad range of investments, including both stock market CFDs and forex market options.
  • You can trade multiple international markets. With Plus500, you’re not limited to the Singapore market and can invest in various markets all over the world.
  • There are low fees. There is no sign-up or ongoing fees for using the Plus500 platform. Trading costs are also covered within the spread, meaning no commissions.
  • Free demo access. For Singaporeans who are new to trading CFDs and forex, a free Plus500 demo account can help you to understand how it works before risking your own money.


  • Not a multi-asset platform. Plus500 specialise in CFD trading. You can not buy and own physical stocks through this platform.
  • There’s limited physical support. You are limited in expert support and advice with Plus500 compared to other online brokerage firms. It only has email and online chat services.

How do I open an account with Plus500?

If you’re ready to open a CFD or forex trading account with Plus500, simply click on ‘Start Trading’ button on the Plus500 website and fill out the sign up form.

While accessing a demo account will take you 30 seconds with a name and email address, in order to open a live account, you’ll need to provide:

  • Your name
  • Your contact details
  • Government-issued ID
  • Proof of residential address
  • Details of your chosen deposit method

Once your account has been approved by the Plus500 account services team, you will then be able to fund your account.

How do I contact support?

If you are having an issue with your Plus500 account, their comprehensive FAQ page should be able to help solve your problem. If your issue requires a more personalised response, you can reach its support team through the following contact details:

  • Phone support: +65-31389075
  • Live chat and email: Available 24/7 from the ‘contact us’ section of Plus500’s website.
  • Singapore office address: Plus500SG Pte Ltd, 1 Temasek Avenue, Millenia Tower #18-07, Singapore 039192

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