Plus500 / Plus500 Trading has been flagged by Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Carrying on unlicenced capital market activities of dealing in derivatives This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
My withdrawal from Plus500 / Plus500 Trading was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for close to eighteen months of being strung along.
Pros: Copy trading available|Low minimum deposit|Fast execution
Cons: Wait times can be long during peak hours|Limited cryptocurrency options
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Plus500 / Plus500 Trading has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Unauthorized firm|Found in IOSCO warnings database
The spread at Plus500 / Plus500 Trading is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through my accountant's suggestion and initially thought the platform was good - until I started trading seriously.
Pros: Social trading features|Comprehensive tools
Cons: Research section could be deeper|Inactivity fee applies after 12 months
For anyone considering Plus500 / Plus500 Trading, please be aware that this company has been flagged by Securities Commission. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Pros: Information is publicly available for verification
Cons: Flagged by international regulators|Due diligence required
I invested $3,500 with Plus500 / Plus500 Trading after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Securities Commission.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics