About plus365
About plus365
plus365 is a forex and CFD broker registered in the United Arab Emirates, with its official domain at plus365.com. Established on October 26, 2022, the broker is headquartered in Abu Dhabi's Al Reem Island, operating from Tamouh Tower. The company holds a Forex Execution License (STP) from the Abu Dhabi Global Market (ADGM), one of the UAE's leading financial regulators.
The broker has a presence on social media platforms including Facebook, Instagram, and LinkedIn, though specific details about its trading instruments are not publicly listed. FXCanary's preliminary risk assessment assigns a score of 43 out of 100, indicating a guarded level of risk for traders.
Regulation and security
plus365 is regulated by the Abu Dhabi Global Market (ADGM), a well-established financial free zone in the UAE. The license is listed as an STP (Straight Through Processing) execution license, which typically indicates the broker routes client orders directly to liquidity providers. However, the status of this license on ADGM's public register is not confirmed in the available data.
Given the relatively recent founding date, the regulatory oversight is a key factor for traders to consider. While ADGM is a reputable regulator, the lack of a publicly verifiable license status or additional tier-1 regulation may raise caution among experienced traders.
Account types
plus365 offers three account tiers designed to cater to different trader profiles. The Standard account requires a minimum deposit of $100 and offers leverage up to 1:30, making it accessible for retail traders starting with smaller capital. The Elite account, with a $10,000 minimum deposit and the same 1:30 leverage, targets more established traders.
The Platinum account is the highest tier, requiring a $50,000 minimum deposit and offering leverage up to 1:100. This account is aimed at high-net-worth individuals or professional traders seeking greater exposure. All three accounts are denominated in an unspecified base currency, and the broker does not publicly list other account features such as spreads, commissions, or additional perks.
Trading platforms and instruments
The official records and available data for plus365 do not specify which trading platforms or instruments it offers. Typically, brokers regulated by ADGM provide access to major forex pairs, commodities, indices, and sometimes cryptocurrencies via platforms such as MetaTrader 4 or 5. However, without confirmed information, traders should seek clarification directly from the broker.
As of our review, the broker's website does not appear to publish a comprehensive list of available instruments or platform details. This lack of transparency is a notable gap that potential clients should investigate before committing funds.
Deposits and withdrawals
Information regarding payment methods for deposits and withdrawals is not available in our known facts or public records. Typically, brokers regulated in the UAE offer bank transfers, credit/debit cards, and possibly e-wallets. The absence of this information in our data means traders must consult the broker's website or customer support for specific details.
Timely and reliable withdrawal processing is a critical aspect of any brokerage. Since plus365 is a relatively new entity with limited public feedback, its track record on payment processing remains unverified. Traders are advised to proceed with caution and start with minimal deposits to test the process.
Client support and education
plus365 maintains a social media presence on Facebook, Instagram, and LinkedIn, suggesting some engagement with the trading community. However, the quality and responsiveness of customer support are not documented in our data. The broker's website likely provides contact channels such as email, phone, or live chat, but these are not confirmed.
Educational resources, if any, are also unlisted. Many brokers offer webinars, articles, or tutorials to assist traders. Until such materials are publicly available, potential clients may need to rely on third-party resources for learning.
Overview compiled by FXCanary from regulatory records and public data. full plus365 review