Dont use this trading platform
You are a bunch of theives
Do
This is like casino
Money pit
Garbage site charging an arm and a leg for trading. Be careful of major hidden costs. I have losts thousands and only realised now why. Stupid overnight funding charges. Pretty much impossible making decent money here.
Never again
Never again
Scam
Online Scam
Riley
Really helpful at the start with the prop money I suggest doing that first
Tranferred in different account
I entered details to with withdraw and money been transferred to my other account and details already been deleted from account before transfer and it was my credit card and have to face loss of problem
Think twice
⚠️ Think twice before holding CFDs long term
My experience with Plus500 has taught me an expensive lesson.
Around two years ago I opened a Tesla position equivalent to about 3.5 shares at ~$176 each. Tesla subsequently rose to around $369 per share.
However, over the period I held the position, approximately £450 was deducted in charges.
I accept that this was a CFD, rather than direct ownership of Tesla shares. My concern is the extent to which the ongoing financing charges accumulated while I held what I regarded as a long-term investment.
I have raised this with Plus500. To date, they have not offered any refund or compensation; their response has essentially been that the position was a CFD and therefore the charges applied.
That may be contractually correct, but my experience highlights something I think potential customers need to understand very clearly: a CFD is not the same as owning the underlying shares, and holding one for years can result in substantial ongoing charges.
If you’re investing for 5–10 years, read and understand the financing charges before using Plus500 CFDs.
I personally wouldn’t use a CFD for a long-term investment again. I’m sharing my experience so others can make an informed decision before putting their money in.
My experience with Plus500 has taught me an expensive lesson.
Around two years ago I opened a Tesla position equivalent to about 3.5 shares at ~$176 each. Tesla subsequently rose to around $369 per share.
However, over the period I held the position, approximately £450 was deducted in charges.
I accept that this was a CFD, rather than direct ownership of Tesla shares. My concern is the extent to which the ongoing financing charges accumulated while I held what I regarded as a long-term investment.
I have raised this with Plus500. To date, they have not offered any refund or compensation; their response has essentially been that the position was a CFD and therefore the charges applied.
That may be contractually correct, but my experience highlights something I think potential customers need to understand very clearly: a CFD is not the same as owning the underlying shares, and holding one for years can result in substantial ongoing charges.
If you’re investing for 5–10 years, read and understand the financing charges before using Plus500 CFDs.
I personally wouldn’t use a CFD for a long-term investment again. I’m sharing my experience so others can make an informed decision before putting their money in.
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Response from developer
CFDs are leveraged financial instruments engineered primarily for short-to-medium-term trading rather than multi-year buy-and-hold investments. Because overnight funding rates apply to maintain leveraged positions past daily market closes, holding a position over long periods will incur cumulative charges. All fee structures, overnight funding rates, and instrument conditions are fully transparent and visible within the platform prior to opening any position. While we appreciate you highlighting the fundamental distinctions between CFDs and traditional stock ownership, our pricing terms are explicitly communicated at all times to ensure traders can manage their positions effectively. If you would like a detailed breakdown of your account statements or overnight funding calculations, please contact me directly at eugene.g@plus500.com.
DONT DOWNLOAD
It’s all scam
AVOID THIS JUNK. So many other, better investment portals!!
Wow, this exchange app is absolute garbage!! I use a handful of other investment/trading apps, so many are way better than this junk!!
Slow service
Verifying account is super slow, the app always have a glitched. The self updating version is not even working. They offered to do it manually, but they’re asking for ID rather than a client number or something. It’s very strange to be given ID and things just like that.
Hopefully your way or securing or your system updating is set to change.
Hopefully your way or securing or your system updating is set to change.
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RIP off stay away
I invested a small amount in what I presumed was shares , the shares doubled in 2 years I lost 1/2 the value of my investment . Their charges are extortionate , stay away if you plan long term investment.
可疑交易
The apps automatically take a order in my account. That is not order by myself and the apps didn’t send any about this transaction massage to me .I contacted Plus500 but couldn’t solved it immediately and this transaction still hold in my account over 8 hours now.I feel my account balance is not safety in that situation. Can I make a complaint or take a legal action.
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Ahmad
I have had an extremely disappointing experience with Plus500. The platform may look simple and professional, but my experience with the company has been frustrating from start to finish.
The customer service is extremely disappointing, and getting clear and helpful answers when you have an issue feels unnecessarily difficult. The account verification and review process has also been stressful and, in my opinion, far too complicated.
What I find most frustrating is the lack of transparency and the feeling that the customer is not being properly supported when problems arise. When you are dealing with your own money, you expect a financial platform to provide clear communication, reliable support, and a straightforward experience.
Based on my experience, I would not recommend Plus500 to anyone looking for a platform where they feel properly supported and valued as a customer.
Very disappointing experience. I expected much better from a company of this size.
The customer service is extremely disappointing, and getting clear and helpful answers when you have an issue feels unnecessarily difficult. The account verification and review process has also been stressful and, in my opinion, far too complicated.
What I find most frustrating is the lack of transparency and the feeling that the customer is not being properly supported when problems arise. When you are dealing with your own money, you expect a financial platform to provide clear communication, reliable support, and a straightforward experience.
Based on my experience, I would not recommend Plus500 to anyone looking for a platform where they feel properly supported and valued as a customer.
Very disappointing experience. I expected much better from a company of this size.
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Below average
Below average service. No phone support. Keep asking for same documents again and again. No PII management
Very slow
Crashed while trade.
Easy
Easiest way to trade in forex so relaxing . No extra unnecessary charts and icons
Wow finally plus 500 in canada I used to trade with it 23 years ago .before anyone know what trading is
Wow finally plus 500 in canada I used to trade with it 23 years ago .before anyone know what trading is
Response from developer
Welcome back! We are thrilled to hear you are enjoying our streamlined platform design and clean layout now that we're available in Canada. Thank you for your long-standing support and kind words—it is great to have you trading with us again!
Poor service
Expensive
WORST trading App ever
I wish I never used this app, it is buggy and keep freezing causing me to loose lots if money. I am preparing my case and will take them to the court very soon.
Next level Teading
Excellent Trading Platform
Easy to use
I find +500 the easier platform to day trade