PlusMarkets

PlusMarkets is an online trading brand owned by UR Trade Fix Ltd, established in 2015 and headquartered in Cyprus. The company is registered with the Cyprus Securities and Exchange Commission (CySEC) under license number 285/15, positioning it as a regulated entity within the European Economic Area.

The broker presents itself as a multi-asset provider, offering retail traders access to forex, shares, indices, and CFDs. Its official domain, plusmarkets.eu, aligns with a Cyprus-based operation, though independent verification of its current online presence raises concerns.

PlusMarkets holds a CySEC Derivatives Trading License (MM), which permits the firm to operate as a market maker and offer leveraged products to retail clients. The license number 285/15 is registered on the CySEC public register, indicating that the broker is subject to ongoing compliance and investor protection standards under MiFID II.

However, FXCanary's risk assessment (score: 85/100, Severe) suggests significant red flags, including potential non-compliance or operational issues. Regulation alone does not guarantee safety, and the severe score warrants extreme caution.

The broker offers a tiered account structure with six levels, each requiring substantial minimum deposits: Bronze (€1,000), Silver (€2,500), Gold (€10,000), Platinum (€25,000), Premium (€50,000), and VIP (€200,000). These high entry barriers indicate that PlusMarkets targets high-net-worth individuals or experienced traders.

Maximum leverage for each account is not disclosed in the available records, a notable omission that could obscure risk levels. Traders considering any account tier should seek full terms before depositing.

According to the company description, PlusMarkets offers trading in forex, shares, indices, and CFDs across various asset classes. However, the specific list of instruments and available trading platforms is not confirmed in the known facts, leaving ambiguity about the execution environment.

Without clear details on platform technology (e.g., MetaTrader, proprietary software) or trading tools, traders cannot assess execution quality or charting capabilities. This lack of transparency is a typical caution sign.

PlusMarkets is owned by UR Trade Fix Ltd, a Cypriot company established in 2015. The firm's registration in Cyprus places it under the jurisdiction of CySEC, which mandates capital requirements, reporting, and client fund segregation.

Despite this regulated status, the broker's severe risk score indicates that due diligence has uncovered potential concerns, such as operational failures, negative client feedback, or regulatory actions. Traders should verify the firm's standing directly with CySEC.