LSE-listed CFD provider with a huge instrument range on one simple proprietary platform, but no MetaTrader and no EAs.
Plus500's homepage.
Plus500 has been operating since 2008, founded in Haifa, Israel, and is publicly listed on the London Stock Exchange as a FTSE 250 constituent. That brings a level of corporate transparency (audited public financials, regulatory disclosures) that most privately-held brokers on this list don't offer. It's regulated through entities under the FCA, CySEC, ASIC, and MAS in Singapore.
Plus500 is best understood as a CFD provider first, forex broker second: its business model centers on a very broad CFD instrument range (2,800+ instruments cited across forex, indices, shares, commodities, options, ETFs, and crypto CFDs where permitted) rather than deep forex-specific tooling.
EUR/USD spreads are advertised from around 0.8 pips, with independent reviews suggesting real-world spreads typically run closer to 0.9–1.1 pips, widening further in off-peak hours. There's no raw/ECN commission-based account; Plus500 runs a single spread-based pricing model. A currency conversion fee of up to roughly 0.7% applies when trading an instrument denominated differently from your account's base currency.
Plus500 runs exclusively on its own proprietary WebTrader, desktop, and mobile apps, with no MT4, MT5, or cTrader support. This makes it straightforward to learn but unsuitable if you rely on Expert Advisors, custom indicators, or third-party algo tools. Guaranteed stop-loss orders are available, for an added cost via a wider spread.
Plus500 suits traders who want the widest possible CFD instrument range on one simple, easy-to-learn platform, and who value the corporate transparency that comes with a publicly listed company. It's a poor fit if you specifically need MetaTrader, EAs, or raw/ECN pricing; dedicated forex brokers on this list will serve that need better.