Plus500 operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing. We’ve logged 3 complaint(s) from United States.

Moderate risk

Scam Risk Scoremonitored · 2026-07-28

Lower riskHigher risk

Authorised by Tier-1 regulator(s): ASIC, CIRO, CYSEC, FCA, FSA, MAS
16 user exposure/complaint reports filed
Withdrawal complaints in ~91% of recent reviews

How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

Factor	Score	Weight
Regulation & licensing	8	35%
Company age	22	15%
Clone / impersonation	0	12%
Withdrawal & exposure complaints	100	12%
Offshore registration	45	8%
Transparency (site/info/social)	47	10%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company

Legal namePlus500 Ltd

Headquarters Israel

Founded2017-09-08

Years operating5-10 years

Employees0

Official website—

Trading conditions

Avg execution speed0 ms

Avg slippage0

Swap rating—

Trading cost rating—

Monitored traders0

Monitored orders0

Funding & instruments

Deposit methods—

Withdrawal methods—

Instruments—

Regulation & licenses · 10

Regulator	License type	License No.	Region	Status
ASIC	Market Making License (MM)	417727	Australia	Regulated
FSA	Market Making License (MM)	関東財務局長（金商）第156号	Japan	Regulated
CYSEC	Market Making License (MM)	250/14	Cyprus	Regulated
FCA	Forex Execution License (STP)	509909	United Kingdom	Regulated
CIRO	Derivatives Trading License (EP)	Unreleased	Canada	Regulated
FMA	Derivatives Trading License (MM)	486026	New Zealand	Regulated
CMA	Forex Trading License (EP)	20200000232	United Arab Emirates	Regulated
MAS	Derivatives Trading License (EP)	Unreleased	Singapore	Regulated
FSA	Derivatives Trading License (EP)	SD039	Seychelles	Offshore Regulation
SCB	Derivatives Trading License (MM)	SIA-F250	Bahamas	Offshore Regulation

Review analysis AI

Across 23 recent Trustpilot reviews, 39% are 1–2 star. The single most common complaint is being unable to withdraw funds (21 reports) — the classic warning sign in forex. We also found 4 clone site(s) impersonating this brand — a frequent vehicle for scams.

Period:

What users complain about

What users praise

Where reviewers are from

United States7

Germany4

France3

United Kingdom3

Belgium2

Hong Kong2

Real user reviews

Where Plus500 operates

Active across 80 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇺🇸 United States 3 complaints

🇩🇪 Germany EEA 2 complaints

🇳🇱 Netherlands EEA

🇵🇱 Poland EEA

🇳🇴 Norway

🇮🇱 Israel

🇮🇹 Italy EEA

🇨🇭 Switzerland

🇧🇬 Bulgaria

🇦🇹 Austria EEA

🇦🇺 Australia Licensed

🇳🇿 New Zealand Licensed

🇪🇸 Spain EEA

🇱🇺 Luxembourg

🇱🇹 Lithuania EEA

🇬🇷 Greece

🇶🇦 Qatar

🇷🇴 Romania EEA

🇯🇵 Japan Licensed

🇨🇾 Cyprus Licensed

🇬🇧 United Kingdom Licensed

🇨🇦 Canada Licensed

🇦🇪 United Arab Emirates Licensed 1 complaint

🇸🇬 Singapore Licensed

🇪🇺 Passported across 15 EU/EEA countries under its EU license.

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About Plus500

Plus500 is a forex and CFD broker based in Israel, with records dating to 2017-09-08. It reports oversight from ASIC, CIRO, CMA, CYSEC, FCA, FMA, FSA, MAS, SCB.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Finally, beware of impersonation: we tracked 4 clone website(s) copying Plus500. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full Plus500 review

Plus500

Regulation & licenses · 10

Review analysis AI

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