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Plus500 US Review 2024

By:
Dan Blystone
Updated: Nov 29, 2023
Overall Rating
4.5
  • Trust
    4.6
  • Fees
    4.8
  • Platforms and Tools
    4.3
  • Tradable Instruments
    4.4
  • Customer Support
    4.1
  • Research
    4.1
  • Deposit and Withdrawal
    4.5
  • Account Types and Terms
    5
  • Education
    4.4
  • How Did We Test and Rate This Broker?
    When trading forex and CFDs, understanding a broker's strengths and weaknesses is essential. We developed a proprietary rating system, which is the result of extensive research and hands-on evaluation by our expert reviewers. With a rigorous approach, our reviewers manually assess each broker, investing more than 50 hours per review, checking and testing the broker while analyzing over 250 variables to simplify the broker selection process for you. The categories we evaluate include trustworthiness, trading platforms, customer support, regulatory oversight, spreads, fees, the variety of instruments offered, education, and research tools. This unique rating system is specifically developed to ensure that the assessment is based on firsthand knowledge and experience. By dedicating a significant amount of time to each review, our team of experts can provide in-depth insights and help you make well-informed decisions when choosing the broker that best suits your trading goals.
    Chart

    This review covers Plus500 US. If you are not a US citizen, please visit Plus500 review.

    Our Take on Plus500 US

    Founded in 2008, Plus500 is a global multi-asset fintech group operating proprietary technology-based trading platforms. A giant of the CFD industry, Plus500 has recently expanded into the United States to offer futures trading via its state-of-the-art platform on the web, desktop, and Android/iOS mobile devices.

    US clients can access futures contracts on forex, indices, commodities, bonds, and cryptocurrencies. Plus500 US lowers the barrier of entry to active trading with a $100 minimum deposit, competitive commissions, and low intraday margin requirements for a diverse range of futures contracts.

    Costs are kept to a minimum, with no market data, routing, or inactivity fees, making this an attractive broker for beginners.

    Plus500 is listed on the London Stock Exchange (symbol: PLUS) and is a constituent of the FTSE 250 index. The brand sponsors several top US and European sports teams, including the Chicago Bulls, Atalanta B.C., Legia Warsaw, and BSC Young Boys.

    Recommended in 6 best broker guides: 
    US Brokers | Trading Apps | Beginners | Futures | Commodities | No Deposit Bonus

    Plus500 US Pros and Cons

    Pros Cons
    • Cutting-edge platform available across web, desktop, and Android/iOS mobile devices
    • Wide range of futures markets
    • Standard, Mini, and Micro contracts
    • Competitive commissions
    • Strong educational resources
    • Low intraday margins
    • Unlimited demo account
    • 24/7 support via live chat and email
    • No phone support
    • Limited futures research materials
    • Lacks 1-click trading
    • Client funds are not protected by SIPC

    Plus500 US Highlights for 2024

    • As a long-established, financially strong broker authorized by top-tier NFA and CFTC, Plus500 US earned a high trust rating in my assessment.
    • After my thorough testing, I rated the Plus500 WebTrader platform as excellent in its design and usability.
    • My hands-on tests showed that Plus500 US shines in the area of commissions and fees, with rock-bottom costs.
    • I found room for improvement in the range of available research materials specific to the futures market.
    • Beginners can benefit from solid educational resources and the availability of mini and micro-futures contracts.
    • Advanced traders can take advantage of WebTrader’s robust charting with over 100 technical indicators.
    • Plus500 US currently only offers access to the futures market. The range of tradable instruments could be improved by adding spot forex.

    What Sets Plus500 US Apart?

    Plus500 is a well-rounded broker that delivers in the areas of usability, customer service, and the variety of markets to trade. It keeps costs to a minimum, with low commissions and no inactivity fees. The WebTrader platform is clean and uncluttered, providing a smooth trading experience.

    Who is Plus500 US for?

    Plus500 has created one of the most user-friendly platforms on the market. Available across web, desktop, and Android/iOS mobile devices – this is an excellent choice for beginners in futures trading. It’s a good idea for new traders to start by using the unlimited demo account, which offers a risk-free simulated trading experience.

    In our review of Plus500 US, we focused on the services provided by Cunningham Commodities, LLC d/b/a Plus500 (us.plus500.com), regulated by NFA and CFTC. We conducted our tests using the Plus500 WebTrader platform.

    Plus500 US Main Features

    ☑️ RegulationsCFTC (United States), NFA (United States)
    🗺 Supported Languages
    English
    💰 ProductsFutures
    💵 Min Deposit$100
    💹 Max Leverage1:50 (CFTC), 1:50 (NFA)
    🖥 Trading Desk Type
    📊 Trading PlatformsMobile Platform, Plus500 Web Platform
    💳 Deposit OptionsWire Transfer, ACH, Visa, Mastercard
    💳 Withdrawal OptionsWire Transfer, ACH, Visa, Mastercard
    🤴 Demo AccountYes
    🗓 Foundation Year2008
    🌎 Headquarters CountryUnited States
    Risk DisclosureCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

    Plus500 US Full Review

    Trust

    4.6
    How Did We Test the Broker's Trustworthiness?
    Assessing a broker's trustworthiness with your funds is vital. To help you make the right decision, we carefully checked each broker's regulatory license and examined how well they protect traders. Moreover, we looked at the broker's stability by studying their business history, corporate structure, and industry experience. Finally, we thoroughly reviewed all of the broker's legal documentation, including terms, conditions, and fees, and evaluated their transparency based on our analysis. Our hands-on approach ensures that even novice traders have the knowledge they need to make smart decisions.
    trust chart

    Authorized by two top-tier regulators and as a large publicly traded company with high transparency, Plus500 US earned a strong trust ranking from FXEmpire. I confirmed that client funds are held in an account segregated from the operating funds of the broker.

    Cunningham Commodities (D/B/A Plus500 Futures) on the NFA BASIC register

    In our trust category, we place the most importance on how a broker is regulated. Here I’ll cover how Plus500 US is regulated and how this impacts traders. In this review, we are covering Cunningham Commodities, LLC, a wholly-owned subsidiary of Plus500 US Inc.

    • Cunningham Commodities, LLC d/b/a Plus500, is a Futures Commission Merchant registered with the US Commodity Futures Trading Commission (CFTC).
    • Cunningham Commodities, LLC d/b/a Plus500 is a member of the National Futures Association (NFA ID number 0001398).

    Why is it important to know where your broker subsidiary (entity) is regulated?

    Regulators provide varying levels of client protection. We focus on three major areas:

    • Segregated Funds. This ensures that client funds are held in a different account from the broker’s operating funds.
    • Negative Balance Protection. This ensures that you cannot lose more than your initial deposit.
    • Compensation Scheme or Account Insurance. This protects your funds in the event of broker insolvency.

    The table below lists the protections and benefits of Plus500 US.

    Entity Cunningham Commodities, LLC
    Country/Region United States
    Regulators CFTC, NFA
    Segregated Funds Yes
    Negative Balance Protection No
    Compensation Scheme No

    When you open an account with Plus500 US, Cunningham Commodities will hold your funds in a segregated bank account, which separates customer funds from the company’s funds.

    There is no compensation scheme at Plus500 US. Commodities or commodity futures aren’t covered by the Securities Investor Protection Corporation (SIPC), which provides limited coverage to investors on their trading accounts if their broker becomes insolvent.

    Plus500 US has an auto-liquidation mechanism that ensures that the customer meets the margin requirement in different cases (day margin, full margin, low equity, expiration date, and limit prices from the exchange), helping to protect them from a negative balance. However, there is also no negative balance protection guarantee, meaning that traders can lose more than their initial deposit.

    Stability and Transparency

    In our tests for the Trust category, we also cover factors relating to stability and financial strength. Here, we focus on how long the broker has been in business, the company’s size, and its transparency.

    Founded in 2008, Plus500 has a substantial operating history. It is a publicly traded company listed on the London Stock Exchange and a constituent of the FTSE 250 Index. As a publicly traded company, Plus500 must disclose financial reports, allowing for greater insight into the company’s stability.

    In my research, Plus500 showed high transparency in its regulatory status, fees, and general background information, as all materials are readily available on the website. Plus500 US lists its regulatory status at the footer of each page. The Fees and Charges page clearly outlines all costs. A User Agreement (Terms of Service) document is also available on the Terms & Agreements page.

    In a nutshell, I rated Plus500 as having a high level of trust and stability due to the following factors:

    • Being regulated by two top-tier agencies
    • Having a lengthy operating history
    • Being a publicly traded company valued at over a billion dollars
    • Having a high level of transparency

    Fees

    4.8
    How Did We Test the Broker's Fees and Commissions?
    Broker commissions and fees can be challenging to understand. To simplify this for you, we carefully examined all the broker's fee-related documentation and presented it in a clear, easy-to-understand format. Furthermore, we conducted hands-on tests on spreads and commissions for the most common instruments during both London and New York trading sessions. We then compared these real-time test results to the market benchmark we've established through our extensive experience evaluating the industry.
    fees chart

    My hands-on tests showed that Plus500 US offers highly competitive trading commissions and minimal account-related fees.

    Spreads

    I tested the spreads across different forex futures contracts using the WebTrader platform. Spreads are identical across Plus500 US web and desktop platforms and Android/iOS mobile apps. The test was done at 8:00 a.m. GMT and at 4:00 p.m. GMT on 14 September 2023. I made the tests at two different times to allow greater perspective. 8:00 a.m. GMT is the London open when there is a great deal of liquidity in the forex market and tighter spreads in currency pairs. 4:00 p.m. GMT is during the New York trading session.

    Instrument Spread AM Spread PM
    EuroFX 0.5 Pip 1 Pip
    British Pound 1 Pip 2 Pips
    Swiss Franc 1 Pip 1.5 Pips
    Japanese Yen 0.5 Pip 0.5 Pip
    Canadian Dollar 0.5 Pip 1 Pip
    Australian Dollar  0.5 Pip 0.5 Pip
    New Zealand Dollar 0.5 Pip 1 Pip

    Currency futures are traded on a centralized exchange (the Chicago Mercantile Exchange) and the bid/offer spreads reflect the level of liquidity in the market at any given time.

    Commissions

    The table below lists the commissions charged by Plus500 US.

    Standard contract commission $0.89
    Micro contract commission $0.49

    I rated the commissions at Plus500 US as competitive in relation to the futures industry as a whole.

    Exchange and NFA Fees

    The total commissions including fees from the exchange and NFA are substantially higher. The table below shows how commissions vary by contract, with mini and micro-contracts having proportionally lower commissions and fees.

    Instrument Commissions (Including Exchange Fee & NFA)
    Euro FX $‪2.51‬
    E-mini Euro FX $‪1.76‬
    Gold $‪2.46‬
    E-mini Gold $‪1.66‬
    Micro Gold $‪1.01‬

    Liquidation Fee

    If your net equity falls below the intraday margin requirement or the full-day margin requirement, Plus500 may auto-liquidate some or all of your open positions and/or live orders.

    In addition, positions and orders on expiring contracts will also be liquidated prior to the expiry date as Plus500 does not support delivery. Plus500 US charges a liquidation fee of $10.

    Intraday Margin

    Intraday margin is the initial amount of money you need to buy or sell one contract during the trading day. Using intraday margin, you can take on larger positions than you could by just using the cash in your account.

    This mechanism is called leverage. Leverage is often described as a ‘double-edged sword’ because it can amplify your profits and losses. Leveraged trading comes with a high level of risk and can often result in significant losses.

    Here are the intraday margin requirements for some of the most popular futures contracts:

    Name  Intraday Margin  Single Contract Value
    Micro E-mini S&P 500 $‪50 $‪21,335
    Micro E-mini Nasdaq-100 $100 $‪29,412
    Micro Ether $20 $‪165
    Crude Oil  $‪800 $‪87,860
    E-mini Natural Gas  $‪250 $‪7,425
    Micro Gold $‪50 $‪18,378
    Corn $‪250 $‪24,337

    The figures above were recorded on 26 September 2023. The data is a snapshot because the single contract values and leverage ratios are constantly fluctuating.

    To put the margin requirements into perspective, the value of one full-sized CME Euro FX contract is €125,000. This means that on an intraday basis, you can control a market position of €125,000 with just $300. To hold one contract overnight, the requirements are much higher at $‪2,640.

    The introduction of mini and micro-contracts has enabled traders with relatively small account balances to day trade futures.

    For example, at Plus500 US the micro Ether futures contract has an intraday margin requirement of just $20. You can also trade the micro version of the popular E-mini S&P 500 with an intraday margin requirement of only $50 per contract.

    Overnight Margins

    Plus500 US does not charge any fees for holding a position overnight, but 15 minutes prior to the end of the trading day, the full margin requirement applies to positions. Margin requirements can be viewed under ‘instrument details’ in the WebTrader platform.

    Non-Trading Fees

    Plus500 US does not charge any inactivity fees. There are also no live market data or platform fees.

    Are Fees at Plus500 US Competitive?

    I rate fees at Plus500 US as competitive due to the following factors:

    • Low commissions
    • No inactivity fees
    • No market data, platform, or routing fees

    Platforms and Tools

    4.3
    How Did We Test the Broker's Trading Platforms?
    We understand that platforms play a crucial role in your trading experience. That's why we spent many hours testing the broker's web, desktop, and mobile trading platforms to gain a real understanding of their usability, functionality, and overall performance. From experimenting with different order types to testing execution speeds, charting, and other features, we thoroughly examined every aspect of these platforms based on our trading expertise, helping you make an informed choice.
    platforms chart

    Plus500’s WebTrader platform is equipped with a pleasing layout, easy-to-understand order entry, and robust charting tools. I also rated the Plus500 mobile app as much better than average thanks to its outstanding design and usability.

    Plus500 has invested heavily in its proprietary WebTrader platform, which has taken ease of use to a new level. WebTrader has a range of popular features, including watchlists, trading from the chart, and access to live chat support from within the platform.

    WebTrader

    Plus500`s WebTrader is accessible via web browsers, Windows 10 apps, tablets, and smartphones. Plus500 does not offer a desktop trading platform.

    WebTrader Platform

    WebTrader allows users to easily create watchlists, analyze charts, enter trades, and monitor positions in the market.

    Plus500 offers a free demo account, and the WebTrader platform makes it easy to flip between demo and live trading with a single click. A dark mode option helps make the screen easy on your eyes at night.

    WebTrader in Dark Mode

    Traders often need to quickly pull up an instrument. Having a good search feature is a vital part of a trading platform. Plus500 has a great search tool at the top of the screen, making it super easy to find whatever asset you want.

    WebTrader Platform Order Entry Panel

    All standard order types, such as market, limit, and stop loss, are available.

    Entering take profit and stop loss orders simultaneously

    The order panel on the platform includes a handy feature that lets you set take profit and stop loss orders simultaneously with your initial order, enabling you to place all three orders at once. This allows you to adopt a ‘set and forget’ style of trading, freeing you from having to hover over your screen and babysit market positions. Advanced order types such as trailing stop-loss orders are not currently available.

    WebTrader Platform Charts

    Charting capabilities are robust within the WebTrader platform. Multiple chart types, such as Candles, Renko, and Range Bars, are available. Traders can apply over 100 technical indicators to their charts along with classic drawing tools such as Fibonacci retracement levels. There are eleven available time frames for charts, ranging from one minute to one week.

    The platform is customizable, and a helpful feature called ‘multiple charts view’ allows you to see different charts laid out to your preference on the same screen.

    Multiple charts layout in the WebTrader platform

    This feature is essential for traders who track multiple markets and time frames simultaneously. In the image above, you can see that trading from the chart is also available.

    The WebTrader platform is available in 30 different languages, which can easily be changed by going to the Display Settings.

    Plus500 has been conscious of the importance of account security, with two-factor authentication available for both mobile and web platforms.

    My Key Takeaways after Testing Plus500 WebTrader

    The Plus500 WebTrader design and UX are outstanding and really place the platform in a class of its own. I especially liked the ease with which you can flip between demo and live trading. The ability to easily enter three orders at once (your initial, order, profit target and stop loss) is another great feature.

    The platform lacks some advanced capabilities such as automated trading and backtesting. 1-click trading, a feature popular among scalpers, is also not available.

    After testing WebTrader for several weeks and from my overall experience of reviewing dozens of trading platforms, I concluded that Plus500 has an excellent platform, especially suitable for beginners and casual traders.

    Mobile Trading

    Plus500 has created a powerful app with an intuitive interface and advanced functionality.

    Plus500 mobile app

    The Plus500 mobile app is available for iOS, Android, and Windows. Highly similar to the web platform, it has an intuitive interface and excellent design. Notable features include:

    • Two-Factor Authentication. Security can be improved by having a verification code sent via SMS for every login from a new device.
    • Demo Mode. Users can easily switch between a demo account and live trading within the app.

    Charting on the mobile app is robust and provides:

    • 12 Chart Types. A broader than average range, from Bar charts to Point and Figure charts.
    • 11 Time Frames. These range from 1 Minute to 1 Week.
    • 119 Indicators. An extensive range of indicators (more than MetaTrader) from Accumulation/Distribution to ZigZag.
    • 21 Drawing Tools. These include classics such as Fibonacci, Gartley, and Pitchfork.

    Standard order types including market orders, limit orders, and stop loss orders are all available.

    My Key Takeaways after Testing Plus500 Mobile App

    Overall, I concluded that this is an outstanding app, which is both easy to use and has the features to satisfy most traders. One minor drawback is that charts from the web platform do not sync with mobile.

    Tradable Instruments

    4.4
    How Did We Test the Broker's Tradable Instruments?
    For this section, we examined the broker's market offering, assessing the variety and depth of instruments and asset classes available for trading. Through our proprietary database, we then compared the results with other brokers. This comprehensive analysis allows you to determine if the broker offers the specific instruments and trading options you're looking for.
    tradable_instruments chart

    Plus500 US offers a selection of the most popular futures contracts, including forex, indices, commodities, bonds, and cryptocurrencies. The availability of standard, mini, and micro contracts allows traders flexibility and helps beginners and traders with limited funds to better manage their risk.

    Futures are standardized contracts traded on a centralized exchange, such as the Chicago Mercantile Exchange (CME) or the New York Mercantile Exchange (NYMEX). They are an agreement between two parties to buy or sell an asset at a set future date. Tradable futures at Plus500 US include the following:

    • 13 forex futures contracts. The forex market is a global marketplace for exchanging national currencies.
    • 10 equity index futures contracts. Equity indices measure the performance of a stock market, or of a subset of a stock market.
    • 23 commodity futures contracts. Commodities are raw products, such as gold, oil, or soybeans. Plus500 US offers 7 metals futures contracts, 7 energy futures contracts, and 9 agriculture futures contracts.
    • 4 interest rate futures contracts. Interest rate futures are futures contracts with an underlying instrument that pays interest.
    • 2 cryptocurrency futures contracts. Cryptocurrencies, such as Bitcoin, are digital currencies secured by cryptography.

    In the tables below, you can see a selection highlighting the variety of futures contracts available at Plus500 US:

    Forex Forex Micro
    Euro FX | British Pound | Swiss Franc EUR/USD | GBP/USD | AUD/USD 
    Energy Agriculture
    Crude Oil | Natural Gas | Heating Oil Soybeans | Corn | Wheat
    Metals Equity Indices
    Gold | Silver | Platinum E-mini S&P 500 | Nikkei | E-mini Nasdaq-100
    Interest Rates Crypto
    US T-Bond | 30 Day FedFund | Ultra T-Bond Micro Bitcoin | Micro Ether

    My Key Takeaways after Exploring Plus500 Tradable Instruments

    The range of available instruments at Plus500 US gives traders access to the world’s markets and a broad range of assets to experiment with. Clients can find instruments that suit their trading style, from highly volatile assets like natural gas to slow-moving instruments like the US T-Bond.

    Customer Support

    4.1
    How Did We Test the Broker's Customer Support?
    Traders often underestimate the importance of customer support, yet it proves to be a critical aspect during times of crisis. We put the broker's customer support to the test ourselves using all possible channels, such as chat, phone, and others. Our evaluation focused on the accessibility of live agents, as well as the helpfulness and professionalism of their responses. This way, we provide you with comprehensive insights into whether a broker can deliver full support when you need it most.
    customer_support chart

    Plus500 offers live chat 24/7, and I was impressed by the speed of response and quality of assistance. However, no customer service was available by phone, which influenced the score.

    Plus500 US Live Chat Support

    Conveniently situated within the WebTrader platform, Plus500 US offers 24/7 live chat support. There is also email support via a contact form. One significant drawback is that phone support is not available. Since this is an important medium, Plus500 did not receive a maximum score in this category. Nevertheless, I had a great experience via chat and email.

    Over the period of a week, I tested support with dozens of questions, from easy to challenging. In my tests, customer service agents responded almost immediately via chat and were helpful and well-informed.

    At Plus500 US, support is available only in English.

    Deposits & Withdrawals

    4.5
    How Did We Test the Broker's Deposit and Withdrawal Process?
    The deposit or withdrawal process can be tricky since you may encounter hidden fees or longer than expected processing time. To assess the broker's offerings, we examined their deposit and withdrawal options and conditions. Using our proprietary database, we then compared these results with those of other brokers.
    deposit chart

    At Plus500 US, deposits and withdrawals are processed swiftly and securely, without any unnecessary delays or hidden fees.

    The broker supports popular payment providers, so clients can easily deposit and withdraw funds. Traders can transfer money via Visa, Mastercard, bank wire, or ACH bank transfer. Plus500 US does not charge a fee for making deposits and withdrawals.

    In the tables below we break down the fees and processing times for each deposit and withdrawal method.

    Deposits

    Deposit Method Fees Minimum Sum  Processing Time
    Bank transfer $0 $200 24 hours
    ACH Bank Transfer $0 $200 Up to 3 business days
    Debit card $0 $100 Immediate

    Plus500 does not charge customers for deposits. However, when making a bank transfer, your bank may apply extra charges.

    Withdrawals

    Withdrawal Method Fees Processing Time
    Bank transfer $0 1-3 business days
    Debit card $0 1-3 business days

    Plus500 does not charge any fees for withdrawals. Withdrawal requests are normally processed within 1–3 business days. Any additional processing time you may experience before receiving your funds may be due to your bank or financial institution.

    Account Types and Terms

    5
    How Did We Test the Broker's Account Types and Terms?
    When it comes to achieving your trading goals, choosing the proper account is essential. We initiated our evaluation by personally opening an account with the broker, which allowed us to gain firsthand experience of the process and accurately asses, how fast and easy it is. In addition, we carried out an in-depth analysis of the account types and features offered by the broker, including spreads, maximum leverage, minimum deposits, and more. For a comprehensive comparison, we turned to our proprietary database and examined how this broker's account offerings and processes stacked up against other brokers.
    account chart

    Plus500 US offers only one account type. The registration process is straightforward and can be completed within 15 minutes. Clients are eligible for a bonus of up to $200 worth of free commissions on their first deposit.

    Plus500 US Live Account Application Process

    The account opening process at Plus500 is simple and fast. The minimum deposit is just $100.

    Account Application

    To open an individual account at Plus500 US, prospective clients must provide the following information:

    • Name, date of birth
    • Country of residence, residential address
    • Social security number, phone number
    • Employment status
    • Financial details (annual income, net worth, source of funds)
    • Level of trading experience

    Demo Accounts

    Plus500 US offers demo trading via the WebTrader platform and the Plus500 mobile app. Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking real money.

    The demo account features live quotes and simulates live market conditions. Once users are up to speed on a demo account, they can easily switch to live trading.

    Deposit Bonus

    Deposit Bonus

    Plus500 US offers a deposit bonus of up to $200, which allows you to trade without paying commissions until the deposit amount is used up. The bonus only applies to your first deposit. When the deposit is completed, the respective bonus amount will be added to your trading account and you will be able to see it at the top of the platform, and on your Funds Management screen.

    Supported Countries

    Plus500 US only accepts clients from the United States.

    Research

    4.1
    How Did We Test the Broker's Research Tools?
    Research options offered by brokers may not be seen as the most important feature for some traders, but they can provide a competitive advantage. To assess the broker's research offerings, we personally explored and tested both proprietary and third-party tools and content, such as Fundamental and Technical Analysis, Market News, educational videos, and webinars. After evaluating the availability and quality of the overall research offering, we compared the results with our benchmark to provide a comprehensive analysis of the broker's research capabilities.
    research chart

    Plus500 offers high-quality research materials including analysis in text and video format on its international websites.

    Plus500 research content

    The international websites of Plus500 have a section with articles covering news and market insights. These are written by in-house analysts and explore mostly fundamental themes, for example, earnings reports and central bank policy.

    Reports are published three or four times a week. I rated the content as high quality, with helpful information and ideas. There are also some market analysis videos on the Plus500 YouTube channel.

    Education

    4.4
    How Did We Test the Broker's Education Offering?
    Gaining knowledge about trading in the financial markets can make the difference between success and failure. To assess the broker's educational offerings, we personally tested and evaluated the quality of the content provided, considering its relevance for both novice and experienced traders. We explored the range of materials available, such as articles, videos, webinars, and courses. After evaluating the content's volume, update frequency, and overall quality, we compared the results with our benchmark to provide a well-rounded analysis of the broker's education offerings.
    education chart

    Plus500 US delivers a range of excellent educational materials covering the futures market in both text and video format via its Futures Trading Academy. Easy-to-digest materials help new traders orient themselves in the world of futures trading. I rated the content as helpful and comprehensive.

    Plus500 Futures Academy

    The video section of the Futures Trading Academy (available on the us.plus500.com website) covers the basics of futures, addressing topics like margin and contract expiration. A second series of videos highlights the benefits of the futures market, like the power of leverage and the ease of going short, which enables traders to profit in falling markets. These brief videos are great for beginners who are new to the futures market.

    Futures trading education videos

    The trading strategies series of videos dives into crucial areas like risk management and caters to more advanced traders.

    Educational articles covering the futures market

    Article content clearly explains key themes like margin, differences between stocks and futures, and trading long and short. This section also takes a deep dive into explaining specific instruments, for example, the popular e-mini and micro e-mini futures contracts. Going beyond the basics, topics like fundamental analysis vs. technical analysis help new traders build a foundation of knowledge.

    The Bottom Line

    The futures market has several important advantages in relation to stocks: access to greater leverage, ease of going short, and the ability to day trade with a relatively small account balance. Plus500 US makes it simple for new traders to get started in futures trading with a low minimum deposit, a beginner-friendly platform, and helpful educational resources. I noted that trading costs are minimal and that live chat support is among the best I have encountered. If you are a US trader looking to test out the futures markets, Plus500 US might be a good fit.

    FAQ

    Cunningham Commodities, LLC d/b/a Plus500 is based at 2 Pierce Place Suite 200, Itasca, IL 60143 United States.
    I rated Plus500 US as relatively safe since it is authorized by two top-tier regulators, NFA and CFTC, and it holds client funds in segregated accounts.
    Plus500 US makes money from commissions and miscellaneous account-related fees.
    You can make deposits via debit card or bank transfer.
    The minimum deposit is $100.
    You can withdraw money via debit card or bank transfer.
    It takes Plus500 US 1–3 business days to process withdrawals.
    Plus500 US does not charge withdrawal fees.
    Plus500 US offers intraday margins as low as $20 per contract (micro Ether futures).
    You can open an account via the Plus500 US website by clicking the Start Trading button on the homepage.
    Traders can access the WebTrader platform and the Plus500 mobile app.
    I rate Plus500 as a great choice for new traders because of its intuitive platform, demo account, and the availability of mini and micro contracts.
    Yes, a free and unlimited demo account is available.

    See Plus500 US Full Information

    Headquarters CountryUnited States
    Foundation Year2008
    RegulationsCFTC (United States), NFA (United States)
    Publicly TradedYes
    Number Of Employees201
    Trading PlatformsMobile Platform, Plus500 Web Platform
    Restricted Countries
    Honduras, Egypt, Samoa, San Marino, Algeria, Armenia, Austria, Bahamas, Bahrain, Belarus, Belize, Bhutan, Bolivia, Bosnia and Herzegovina, Bulgaria, Burundi, Burkina Faso, Cameroon, Canada, Cape Verde, Chad, China, Colombia, Congo, Costa Rica, Cote dIvoire, Cuba, Croatia, Cyprus, Czech Republic, Djibouti, Dominica, Ecuador, Equatorial Guinea, Eritrea, Estonia, Finland, France, Gabon, Georgia, Ghana, Germany, Italy, Jamaica, Jordan, Kazakhstan, Kenya, North Korea, South Korea, Nauru, Kuwait, Kyrgyzstan, Latvia, Lesotho, Guinea-Bissau, Guyana, Montenegro, Malaysia, Liberia, Sao Tome and Principe, Liechtenstein, Moldova, Lithuania, Namibia, Palau, Luxembourg, Macedonia, Malawi, Maldives, Mali, Mauritania, Mexico, India, Micronesia, Monaco, Morocco, Nepal, New Zealand, Nicaragua, Indonesia, Niger, Hungary, Nigeria, Iceland, Oman, Papua New Guinea, Peru, Poland, Qatar, Romania, Gibraltar, Iran, Greece, Grenada, Guatemala, Iraq, Rwanda, Afghanistan, Curacao, Tonga, Guam, Cayman Islands, Vatican City, Bermuda, Suriname, European Union, Albania, Angola, Turkey, Timor-Leste, Marshall Islands, Slovakia, Paraguay, Cook Islands, Australia, Antigua and Barbuda, United Kingdom, Tunisia, New Caledonia, Andorra, Trinidad and Tobago, Northern Mariana Islands, Somalia, Sweden, Puerto Rico, Kosovo, Togo, Argentina, Mongolia, Azerbaijan, Bangladesh, Slovenia, Belgium, Russian Federation, Macao, Uruguay, Turkmenistan, Solomon Islands, Venezuela, Switzerland, Yemen, Tuvalu, Greenland, Botswana, Uganda, Syria, French Polynesia, Sierra Leone, Bonaire, Ukraine, Uzbekistan, Brunei, Cambodia, Central African Republic, Chile, Comoros, Denmark, Dominican Republic, El Salvador, Saudi Arabia, Lebanon, Serbia, Mayotte, Madagascar, Aruba, Ethiopia, Taiwan, Fiji, Gambia, Panama, Vanuatu, Israel, Singapore, Tajikistan, Mauritius, Vietnam, Japan, South Africa, Virgin Islands, British, Tanzania, Isle of Man, Guernsey, East Timor, Kiribati, Libya, Malta, Mozambique, Myanmar, Netherlands, Pakistan, Philippines, Portugal, Haiti, Hong Kong, Ireland, South Sudan, Spain, Sri Lanka, Sudan, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Thailand, United Arab Emirates, Zimbabwe, Faroe Islands, American Samoa, Saipan, Sint Eustatius, Tahiti, Svalbard and Jan Mayen, Anguilla, Aland Islands, Christmas Island, Cocos Islands, Montserrat, Niue, Saint Barthelemy, Saint Helena, Saint Martin, Saint Pierre, Wallis and Futuna, Seychelles, Brazil, Senegal, Zambia, Swaziland, Democratic Republic of the Congo, Guinea, Norway, Benin, Barbados
    Supported Languages
    English
    Min Deposit$100
    Max Leverage1:50 (CFTC), 1:50 (NFA)
    Deposit OptionsWire Transfer, ACH, Visa, Mastercard
    Withdrawal OptionsWire Transfer, ACH, Visa, Mastercard
    Time to Withdrawal3
    Time to Open an Account9
    Products
    Futures
    Demo AccountYes
    OCO OrdersNo
    Offers HedgingNo
    Automated TradingYes
    API TradingNo
    Guaranteed Stop LossNo
    Guaranteed Limit OrdersNo
    Guaranteed Fills / LiquidityNo
    Economic calendarYes
    Trading From ChartNo
    One-Click TradingNo
    Expert AdvisorNo
    Social TradingNo
    AutochartistNo
    Trading SignalsNo
    Platform Languages
    Multi-lingual, English
    24 Hours SupportYes
    Support During WeekendsYes
    Live ChatYes
    Daily Market CommentaryYes
    News (Top-Tier Sources)Yes
    WebinarsNo
    Deposit FeeNo
    Withdrawal FeeNo
    Inactivity FeeNo

    About the Author

    Dan BlystoneBroker Analyst

    Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.

    Why you can trust FX Empire

    At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.

    Why you can trust FX Empire

    FXEmpire was founded in 2011, making us one of the first forex broker review sites. You can trust FXEmpire because of our thorough and unbiased review process. With over a decade of experience, we have a team of industry experts who conduct rigorous tests to ensure our reviews are accurate and unbiased. Our reviews are designed to bring clarity and confidence to the process of choosing a broker, and are based on objective criteria and measurable data. Our editorial team is composed of trading industry professionals and seasoned financial journalists, who ensure that our reviews are accurate and unbiased. Additionally, our review system is based on 9 core categories and over 250 distinct variables, which ensures that all aspects of a broker are considered before giving a final rating. So, you can trust FXEmpire to provide you with honest and informative reviews that will help you make an informed decision on which broker will best enable you to reach your financial goals.