BrokerSafari Evidence Score
This is an evidence-based editorial calculation, not a guarantee of safety, an account test or an investment recommendation. It uses only the structured research recorded for this broker, never another website’s rating.
| BrokerSafari Evidence Score | 7.8 / 10 — Good |
|---|---|
| Evidence confidence | medium |
| Evidence coverage | 78.5% |
| Assessed quality score | 7.8 / 10 |
| Evidence-gap penalty | 0.0 |
| Score before caps | 7.8 / 10 |
| Calculated score after caps | 7.8 / 10 |
| Regulation & Legal Entity | Weight 30%; coverage 100% (3/3 inputs). Quality 7.2 / 10; 21.6 / 30 weighted points before normalization and penalties. |
|---|---|
| Safety & Client Protection | Weight 20%; coverage 25% (1/4 inputs). Quality 8.0 / 10; 16 / 20 weighted points before normalization and penalties. |
| Transparency | Weight 15%; coverage 100% (4/4 inputs). Quality 8.3 / 10; 12.5 / 15 weighted points before normalization and penalties. |
| Fees & Trading Costs | Weight 10%; coverage 100% (4/4 inputs). Quality 8.3 / 10; 8.3 / 10 weighted points before normalization and penalties. |
| Deposits & Withdrawals | Weight 10%; coverage 60% (3/5 inputs). Quality 7.5 / 10; 7.5 / 10 weighted points before normalization and penalties. |
| Trading Platform & Products | Weight 10%; coverage 100% (4/4 inputs). Quality 8.4 / 10; 8.4 / 10 weighted points before normalization and penalties. |
| Track Record & Independent Evidence | Weight 5%; coverage 50% (1/2 inputs). Quality 8.0 / 10; 4 / 5 weighted points before normalization and penalties. |
Quality uses only assessable inputs. Entirely unassessed categories are excluded and remaining category weights are normalized; missing evidence is not zero quality. Coverage separately measures assessed input weight out of 100%. A gap penalty of 0.0, 0.3, 0.7 or 1.2 is applied before regulatory caps. Source strength affects confidence, not a direct multiplication of the quality score.
Rating cap
None.
Why this score?
Verified strengths
- Regulation & Legal Entity — Account-serving legal entity: partially verified. Partial verification only; unresolved scope remains an evidence gap.
- Regulation & Legal Entity — Relevant financial regulation: partially verified. Only the documented relevant entity/permission is verified, not every group licence or account.
- Trading Platform & Products — Platform identity and clarity: verified.
Provider-disclosed evidence
- Safety & Client Protection — Client-money segregation: disclosed.
- Transparency — Company transparency: medium.
- Transparency — Legal-document transparency: high.
- Transparency — Regulatory-disclosure transparency: high.
- Transparency — Contact transparency: medium.
- Fees & Trading Costs — Spread transparency: high.
- Fees & Trading Costs — Commission transparency: medium.
- Fees & Trading Costs — Overnight-fee transparency: high.
- Fees & Trading Costs — Live trading-cost testing/corroboration: provider disclosed only.
- Deposits & Withdrawals — Deposit and withdrawal fee transparency: medium.
- Deposits & Withdrawals — Payment-method transparency: medium.
- Deposits & Withdrawals — Withdrawal-term transparency: medium.
- Trading Platform & Products — Mobile availability: disclosed.
- Trading Platform & Products — Trading-product transparency: medium.
- Trading Platform & Products — Platform testing: provider disclosed only.
Supplementary independent evidence
- Track Record & Independent Evidence — Independent-source documentation: medium.
Evidence gaps
- Safety & Client Protection — Negative-balance protection: unassessed.
- Safety & Client Protection — Investor-protection coverage: unassessed.
- Safety & Client Protection — Security controls: unassessed.
- Deposits & Withdrawals — Independent withdrawal testing/corroboration: unassessed.
- Deposits & Withdrawals — Verified withdrawal findings: unassessed.
- Track Record & Independent Evidence — Operating history: unassessed.
- A relevant entity/regulator relationship is verified; other group licences and account-specific coverage remain unresolved.
Verified concerns
- Regulation & Legal Entity — Regulatory warnings and enforcement: historical minor.
Broker Overview
Plus500 is a financial-services brand operated by separate subsidiaries. Its official information identifies Plus500 Ltd as the group/brand owner and lists regulated companies for different markets. This review focuses on Plus500UK Ltd, because a corresponding FCA record and final notice were located. It does not imply that this company serves customers in every country.
The FCA register lists Plus500UK Ltd under FRN 509909. It also marks the firm as having been subject to regulatory action. The FCA’s official 2012 final notice says a £205,128 penalty was imposed for breaches relating to accurate and timely transaction reporting. The action is historical and specific; it should neither be hidden nor expanded into unsupported claims about current service quality.
Plus500 describes a proprietary trading platform and states that it is mainly compensated through the bid/ask spread. Product types and available instruments differ by region. Public materials may describe CFDs, futures or share dealing, but not every product is available through the same entity or to every user.
This is public-source research. We did not open an account, test live pricing, execute orders, contact support or request a withdrawal.
Source: Plus500 — company information · Last Checked:
Source: Plus500 — legal disclosures · Last Checked:
Regulation
The FCA register identifies Plus500UK Ltd, FRN 509909, as an authorized firm and warns that some activities may not be protected. The record also identifies disciplinary/regulatory action. The linked final notice is dated 17 October 2012 and records a £205,128 penalty for transaction-reporting failures. It is important to state both the historical date and the nature of that action.
Plus500’s disclosures list other companies, including Plus500CY Ltd and Plus500AU Pty Ltd, and state regional licence identifiers. Those are provider disclosures here unless a regulator record is separately linked. A licence for one subsidiary should not be applied to another or assumed to cover a reader’s account.
The historical FCA action is recorded as a past regulatory concern, not as proof of current wrongdoing. We did not review every Plus500 group company or conduct a complete enforcement search across jurisdictions.
Source: FCA — Plus500UK Ltd register · Last Checked:
Source: FCA — 2012 Final Notice for Plus500UK Limited · Last Checked:
Source: Plus500 — regional disclosures · Last Checked:
Legal Entities
Plus500’s legal disclosures list subsidiaries with separate regional oversight. Only Plus500UK Ltd is matched here to a regulator-hosted record. The other entries are labeled provider-disclosed and must be checked against the relevant authority and the customer agreement.
| Plus500UK Ltd | United Kingdom. Matched to FCA FRN 509909; historic FCA action is separately described. |
|---|---|
| Plus500CY Ltd | Cyprus. Plus500 discloses CySEC licence 250/14; current regulator-record status was not independently fetched for this review. |
| Plus500AU Pty Ltd | Australia. Plus500 discloses ASIC AFSL 417727; the account-specific permission scope was not independently checked. |
Source: Plus500 — subsidiary and regulator disclosures · Last Checked:
License Information
Plus500UK Ltd
Authority: Financial Conduct Authority (FCA) (United Kingdom). Licence identifier: FRN 509909.
Evidence status: The FCA register lists Plus500UK Ltd under FRN 509909. It also flags regulatory action. The FCA’s final notice dated 17 October 2012 records a £205,128 penalty for transaction-reporting breaches; this is a historical action, not a finding about current trading performance.
Source: FCA Financial Services Register — Plus500UK Ltd · Last Checked:
For Plus500UK Ltd, the FCA register’s action section links to historical measures. The 2012 final notice is included as a dated source. For other entities, verify the licence number, current status, permitted products and approved domain on the local regulator’s own register.
Company Information
| Brand owner | Plus500 Ltd; the company describes the Plus500 trademark and subsidiary group. |
|---|---|
| UK regulated subsidiary | Plus500UK Ltd, FCA FRN 509909. |
| UK company number | 07024970, as stated on Plus500’s company information page. |
| Other disclosed companies | Plus500CY Ltd and Plus500AU Pty Ltd, among other region-specific entities. |
| Group ownership and financial assessment | Not independently assessed in this review. |
Source: Plus500 — company information · Last Checked:
Source: FCA — firm details · Last Checked:
Trading Platforms
Plus500 describes a proprietary trading platform accessible through web and mobile applications. Its interface includes account information, prices and order management. The platform is not MetaTrader, and third-party platform access should not be assumed unless explicitly offered by the relevant entity.
The platform and instrument set may differ between UK, EU, Australian, US and other services. We did not install the application, test a demo account, place orders, measure latency, assess risk-control behavior or review accessibility. Marketing claims about simplicity or speed are not independent results.
Source: Plus500 UK — platform and product overview · Last Checked:
Source: Plus500 — regional legal disclosures · Last Checked:
Trading Products
Plus500’s official information describes CFDs and other financial products that vary by market. The UK disclosure states that CFDs are leveraged and warns about loss risk. Plus500’s structured official information says the wider group also offers futures, options and share-dealing services in selected regions; those should not be conflated with the UK CFD account.
A CFD is a derivative contract, not direct ownership of the reference asset. Before trading, check the entity, product disclosure, leverage, margin close-out rules, contract specifications and whether the instrument is available to your client category. This review does not assume any product is offered in all jurisdictions.
Source: Plus500 — product and legal disclosures · Last Checked:
Source: Plus500 — official structured company information · Last Checked:
Trading Conditions
| Platform | Provider-operated proprietary platform; product and region determine available features. |
|---|---|
| Primary cost model | Plus500 says it is mainly compensated through the bid/ask spread. |
| Overnight financing | May apply to positions held after the stated time; current rate is instrument- and entity-specific. |
| Leverage / margin | Local rules, product and client classification determine limits. |
| Stop orders | Order types and any guaranteed-stop charge should be checked for the specific instrument. |
| Execution and slippage | Not independently tested. |
A platform balance may not equal the total amount at risk. Margin requirements can change, and leveraged positions may be closed when available equity falls below required levels. Check how the particular account calculates financing, spreads and any stop-related charges before trading.
Source: Plus500 — regional disclosures · Last Checked:
Source: Plus500 — fees and charges · Last Checked:
Fees
Plus500 states that it is mainly compensated through the bid/ask spread. Its fees pages describe other potential costs, including overnight funding, currency conversion, inactivity and guaranteed-stop charges, subject to region and account rules. “No commission” or “no deposit fee” does not mean that a trade or account has no cost.
The spread is variable and may widen in volatile or less liquid markets. Overnight charges depend on the instrument and time held. Fee calculations may use account currency conversion, and funding providers can impose separate charges. The applicable schedule should be checked inside the platform before submitting an order.
The FCA final notice concerns reporting obligations in 2012; it is a regulatory history fact, not a trading fee or a current customer cost. We did not conduct live cost testing, and do not present advertised fee statements as independently measured outcomes.
Source: Plus500 — Fees & Charges · Last Checked:
Source: Plus500 — provider compensation disclosure · Last Checked:
Deposit & Withdrawal
Plus500’s official materials describe multiple payment methods and advertise fee-free deposits and withdrawals in some contexts. Available methods, limits and terms depend on the regional company, country, account currency and payment provider. Third-party charges or conversion costs may still apply.
The customer should confirm name-matching, identity checks, any return-to-source rule, minimum withdrawal, required available balance and estimated processing time in the specific account. A withdrawal process displayed for one region does not demonstrate the process for another entity.
BrokerSafari did not transfer funds or test a withdrawal. We make no claim about average processing time, approval rates or support outcomes.
Source: Plus500 — customer support and payment disclosures · Last Checked:
Source: Plus500 — local terms and disclosures · Last Checked:
Research Summary
The review used the FCA record and final notice, Plus500’s legal disclosures, company page, fee information and product overview. These are primary sources for the facts they state. The 2012 regulatory action is included with its date, amount and stated issue rather than treated as a current finding.
We did not validate all Plus500 subsidiaries, test platform performance, measure pricing, assess customer service or review withdrawals. We also did not make a financial-health assessment of Plus500 Ltd or its group. Those remain outside the evidence base for this page.
The BrokerSafari Evidence Score is calculated from disclosed structured evidence. Historical regulatory action affects the relevant evidence category; it is not manually turned into a company-wide verdict.
Source: FCA — firm register · Last Checked:
Source: FCA — historical final notice · Last Checked:
Source: Plus500 — legal disclosures · Last Checked:
Safety / Regulation Analysis
The FCA register verifies a UK legal entity and contains a historical-action indicator. The linked 2012 notice says Plus500UK Ltd was fined £205,128 for failures in accurate and timely transaction reporting. The action should be considered in context: it is dated and relates to reporting; this review does not infer that the same issue persists or that current customer withdrawals are affected.
Other Plus500 subsidiaries have their own regulatory regimes. The FCA record does not extend to them. For a prospective account, match the contracting entity and verify its status directly with the regulator. Consider the exact protections, complaint routes and compensation eligibility that apply to the product and client category.
Plus500’s UK company page says Plus500UK Ltd holds client funds on a segregated basis under FCA client-money rules. A separate CySEC customer agreement describes negative-balance protection and segregated funds for its Cypriot CFD entity. Those terms cannot be transferred to a UK customer without checking the applicable agreement; this review does not record a global protection guarantee.
CFDs and other leveraged products carry significant risk. This article is educational research and does not constitute personal financial, legal or tax advice.
Source: FCA — Plus500UK Ltd · Last Checked:
Source: FCA — 17 October 2012 Final Notice · Last Checked:
Source: Plus500 — client legal documents · Last Checked:
Source: Plus500 UK — client money disclosure · Last Checked:
Source: Plus500CY — CySEC customer agreement · Last Checked:
What We Could Verify
The FCA register identifies Plus500UK Ltd and FRN 509909. The FCA’s own final notice documents the October 2012 penalty and the reporting failures it addressed. Plus500’s official disclosures describe additional subsidiaries and publish the current product and fee information used above.
The evidence confirms a historical event and certain provider disclosures. It does not establish a present operational failure, a live customer outcome or the regulatory scope of every other group company.
Information Still Unclear
- Which subsidiary would onboard a customer outside the UK and the current scope of that entity’s permission.
- The full current status and detailed register record for all non-UK licences.
- Live spreads, financing, conversion and payment costs for a specific instrument/account.
- Independent platform, customer-service and withdrawal performance.
Evidence Reviewed
Sources were reviewed on 20 October 2026. The date records this research snapshot, not continuous monitoring.
Source: FCA — Plus500UK Ltd · Last Checked:
Source: FCA — 2012 Final Notice · Last Checked:
Source: Plus500 — legal disclosures · Last Checked:
Source: Plus500 — fees · Last Checked:
Source: Plus500 — company information · Last Checked:
How to Continue Your Research
FAQ
The FCA register identifies Plus500UK Ltd under FRN 509909. Plus500’s official disclosures list additional regional companies and licence numbers. Each licence belongs to a specific entity and jurisdiction; verify the company in your own agreement.