plus365

Plus Capital Limited, trading as plus365, is a forex and CFD broker registered in the United Arab Emirates. The company was founded on 26 October 2022 and operates from its registered office at Office no 3008, Floor 30, Tamouh Tower, Al Reem Island, Abu Dhabi. Its official domain is plus365.com.

According to our records, plus365 holds a Forex Execution License (STP) from the Abu Dhabi Global Market (ADGM), with licence number 210007. This regulatory status places the broker under the oversight of one of the UAE's leading financial centres, though the licence status is listed as '—' in our records, indicating that the current status is not confirmed.

The broker is regulated by the ADGM, which is a well-regarded financial regulator in the Middle East. The licence on file is a Forex Execution License (STP), which permits the firm to operate as a straight-through-processing broker, typically meaning orders are passed directly to liquidity providers without a dealing desk.

Our records show one licence on file, with the number 210007. However, the status field is marked as '—', which means we cannot confirm whether the licence is currently active, suspended, or expired. Traders should verify the licence status directly with the ADGM public register.

plus365 offers three retail account tiers: Standard, Elite, and Platinum. The Standard account has a minimum deposit of $100 and a maximum leverage of 1:30, making it accessible to new or smaller traders. The Elite account requires a minimum deposit of $10,000 and also offers a maximum leverage of 1:30.

The Platinum account is the highest tier, with a minimum deposit of $50,000 and a maximum leverage of 1:100. Spreads and commissions are not disclosed in our records for any of the account types, so traders should contact the broker for specific pricing details.

Our records do not list the specific trading instruments available on plus365, nor do they specify the trading platforms offered. Given the broker's forex execution licence, it is likely that forex pairs and CFDs are offered, but this is not confirmed.

Similarly, deposit and withdrawal methods are not listed in our records. Traders should refer to the broker's official website or contact their support team for information on funding options and platform availability.

Plus Capital Limited was established in late 2022, making it a relatively new entrant in the forex brokerage space. The company is based in Abu Dhabi, UAE, and has a presence on social media platforms including Facebook, Instagram, and LinkedIn.

Our records indicate that the company has zero employees on file, which may be a data gap or could suggest a very lean operation. No clone or impersonator sites have been identified, which is a positive sign, but the limited public information available is a factor in our overall risk assessment.

FXCanary's Scam Risk Score for plus365 is 43 out of 100, which falls into the 'Guarded' category. This score reflects the limited public information available about the broker, which makes it difficult to fully assess its operations and reliability.

While the ADGM licence is a positive indicator, the lack of disclosed spreads, commissions, and trading conditions, combined with the zero employee count on file, warrants caution. Traders considering plus365 should conduct thorough due diligence and verify all regulatory details directly with the ADGM.