Let's start here:

Forex.com is a major player in forex trading, providing various options including currencies, commodities, indices, and cryptocurrencies. Their platforms, like the popular MetaTrader 4, are available worldwide to meet different trader preferences. Backed by robust regulation and a strong focus on security, Forex.com is a favored choice for professionals looking for an all-encompassing trading experience. Now, let's delve deeper to verify if Forex.com lives up to its reputation.

Quick Forex.com Review in 10 Key Points
Registered in	USA
Regulated by	FCA (UK), IIROC (Canada), NFA(USA), ASIC (Australia), and CySEC (Cyprus), MAS ( Singapore), CIMA ( Cayman Islands)
Year(s) of incorporation	More than 20 years
Market instruments	currency pairs, precious metals, energies, indices, bonds, cryptocurrencies and equities
Minimum initial deposit	$100
Maximum leverage	Variant
Minimum spread	Floating
Trading platform	Forex.com and MT5
Deposit and withdrawal methods	credit card (Visa, Mastercard, Maestro), bank wire transfer, Skrill and Neteller
Customer Service	E-mail address/live chat

It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.

Pros and cons of Forex.com

Pros	Cons
Well-regulated	Less user-friendly for novice traders
Wide variety of investment products	An inactivity fee applied after 12 months of no account activity
Advanced trading tools	High stock trading fees
Low forex fees, no fx commissions
Multiple trading platforms available
Decent customer service
Negtive balance protection

What is Forex.com？

Forex.com is one of the most respected and trusted forex brokers in the foreign exchange trading industry. Founded in 2001, Forex.com is a global company licensed and regulated by several reputable regulatory authorities, including ASIC in Australia, FCA in the United Kingdom, FSA in Japan, NFA in the United States, IIROC in Canada, CIMA in the Cayman Islands and MAS in Singapore. These regulators are known for their strict compliance and oversight requirements, which means that Forex.com is required to meet high ethical and operational standards to protect its clients and ensure the safety of their funds.

In the following article, we will analyze the characteristics of this broker in all its dimensions, offering you easy and well-organized information. If you are interested, read on.

Broker type

Pros	Cons
Offers tighter spreads	Acts as counterparty in the operations of its customers
Guarantees the execution of operations under normal market conditions.	There may be conflicts of interest
Can offer a greater amount of liquidity and depth in the marketplace	Traders do not have direct access to the interbank market.
Offers an easy to use and customizable trading platform	Traders may prefer ECN or STP brokers.

Forex.com is a worldwide forex broker offering online trading services in multiple markets, including forex, indices, commodities, cryptocurrencies and stocks.

Forex.com is a Market Maker broker, which means that it acts as a counterparty to its clients' trades, rather than sending trades to the interbank market. As such, Forex.com can offer tighter spreads and guarantee execution of trades under normal market conditions. However, some traders may prefer ECN or STP brokers, which send trades directly to the interbank market and do not act as a counterparty to their clients.

Is Forex.com legit？

Yes, Forex.com operates legally. Forex.com, a globally recognized broker, is part of an international holding company regulated by reputable authorities worldwide, including the FCA (UK), IIROC (Canada), NFA(USA), ASIC (Australia), and CySEC (Cyprus), MAS ( Singapore), CIMA ( Cayman Islands).

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number
	ASIC	STONEX FINANCIAL PTY LTD	Market Making(MM)	345646
	FCA	Gain Capital UK Limited	Market Making(MM)	113942
	FSA	GAIN Capital Japan Co., Ltd	Retail Forex License	関東財務局長（金商）第291号
	NFA	GAIN CAPITAL GROUP LLC	Market Making(MM)	0339826
	IIROC	GAIN Capital - FOREX.com Canada Ltd.	Market Making(MM)	Unreleased
	CIMA	GAIN Global Markets, Inc	Market Making(MM)	25033
	MAS	STONEX FINANCIAL PTE. LTD.	Retail Forex License	Unreleased

Forex.com's Australian entity, STONEX FINANCIAL PTY LTD, regulated by the ASIC in Asutralia under regulatory number 345646, holding a license for Market Making(MM).

Forex.com's UK entity, Gain Capital UK Limited, regulated by tier-one regulatory FCA under regulatory number 113942, holding a license for Market Making(MM).

The entity based in Japan, GAIN Capital Japan Co., Ltd, regulated by FCA under regulatory number 関東財務局長（金商）第291号, holding a license for Retail Forex License.

GAIN CAPITAL GROUP LLC, the US entity, regulated by the NFA under regulatory number0339826, holding a license for Market Making(MM).

Candian entity, GAIN Capital - FOREX.com Canada Ltd., is regulated by the IIROC, holding a license for Market Making (MM), with license unreleased.

GAIN Global Markets, Inc, another entity in the Cayman Islands, regulated by CIMA under regulatory number 25033, holding a license for Market Making (MM).

STONEX FINANCIAL PTE. LTD., the entity in Singapore, regulated by the MAS in Singapore, holding a license for retail forex.

Market instruments

Pros	Cons
It offers a wide variety of trading instruments, allowing traders to find opportunities in different markets.	Offering a wide variety of trading instruments, it can be overwhelming for traders who are new to the market and do not have experience in all available markets.
Diversification of trading instruments can help traders manage the risk of their portfolios.	Some trading instruments may have higher costs in terms of spreads or commissions, which may reduce the profitability of trades.
Forex.com offers a variety of market analysis and education tools to help traders make informed decisions about trading instruments.	Traders may find that the variety of trading instruments may be too wide, making it difficult to identify profitable trading opportunities.

Forex.com offers a wide variety of trading instruments, including currency pairs, precious metals, indices, futures and options, stocks. Traders have a wide range of options to choose from and can find opportunities in a variety of markets.

Forex.com Minimum Deposit

The minimum deposit amount required to register a Forex.com Standard live trading account is $100 USD, which is quite friendly to most investors.

Here is the table showing the comparison of Forex.com minimum deposit with other brokers:

Broker	Minimum Deposit
	$100
	$10
	$5
	$200

Forex.com Account Types

Pros	Cons
Demo account available for risk-free practice	No Islamic account offered for traders who follow Shariah law
Offers two account types to suit different trading needs	The standard account has wider spreads compared to the MT5 account.
The standard account is ideal for traders looking for a wide variety of advanced charting tools and a wide selection of markets.	MT5 account can be more complex for beginner traders
Both accounts offer access to Forex.com's award-winning, technologically advanced and easy-to-use trading platform.	The MT5 account has a more limited selection of markets to trade compared to the standard account.
Customers can switch between the two accounts at any time to meet their business needs.	The standard account does not offer multi-asset class trading, like the MT5 account.

Forex.com offers its clients two types of trading accounts: the standard account and the MT5 account. The standard account is ideal for traders looking for a wide range of advanced charting tools with more than 80 technical indicators and a wide selection of markets to trade with competitive spreads starting from 0.8 pips on the EUR/USD currency pair. In addition, this account does not charge commissions on over 300 markets. On the other hand, the MT5 account is ideal for traders looking for up-to-date tools and analysis, multi-asset class trading, expert advisors and custom indicators. Both accounts offer access to Forex.com's award-winning, technologically advanced and easy-to-use trading platform. In addition, clients can switch between the two accounts at any time to suit their trading needs.

Forex.com Demo Account

Forex.com provides beginners with demo accounts, allowing them to practice in a real trading setting without any financial risks. Demo accounts come with $50,000 in virtual funds and are active for 30 days from the time of registration. Please be aware that once this period ends, you won't be able to access the demo account with the same login details. Notably, each email address can only be used to open one demo account for each type, whether it's on FOREX.com platforms or MetaTrader.

With Forex.com demo accounts, you can enjoy the following features:

• $50,000 virtual funds

• Demo accounts active for 30 days

• Access to 80+ tradable FX pairs, plus gold and silver

• Using customizable charts

Here is the simple demo account sign-up process for you to follow:

Step 1: click the “Free Demo Account” button on the “Account” Navigation section;

Step 2： Fill in your full name, email and phone number in the form, and then click “ I'm not a robot” for verification.

Step 3: After a simple registration, you can use the demo account and start trading.

Spreads and commissions

Pros	Cons
Low spreads on a wide range of instruments	Spreads can be variable and can widen during periods of high volatility.
Low commissions for stock trading	Forex.com is a Market Maker broker, which means that there may be a conflict of interest.
Average speed of fast execution	It does not offer trading accounts with variable spreads.
Very low spreads on the EUR/USD currency pair	Some traders may prefer ECN or STP brokers that send trades directly to the market.
Low spreads for spot oil trading
Low spreads for gold trading

Forex.com offers competitive spreads and low commissions on a wide range of trading instruments. Spreads for the EUR/USD currency pair start from as low as 0.018 pips, which is very low compared to other brokers. In addition, spreads for the Germany 40 and UK 100 indices start from 1 pip, and commissions for trading stocks start from 0.1%. Traders can also trade spot oil with spreads starting from 0 pips, which can be very attractive for those interested in commodity trading. In addition, the average trade execution speed on Forex.com is 0.04 seconds, which means that traders can expect fast execution of their trades. Finally, spreads for gold start as low as 0.15 cents, which can be very attractive for traders looking to trade the precious metals markets.

Trading Platform

Pros	Cons
Forex.com's MT5 platform is fast and offers a wide range of technical analysis tools and resources.	Some traders may prefer other popular platforms such as MetaTrader 4.
The MT5 platform can be customized to each trader's preferences.	Traders who prefer a simpler platform may find the Forex.com platform a bit overwhelming.
The Forex.com platform is easy to use and designed to provide an intuitive trading experience.	The Forex.com platform is not as advanced as MT5 and may not be suitable for more experienced traders looking for more advanced tools.

Forex.com offers its clients the MT5 trading platform, one of the most popular and advanced trading platforms on the market. MT5 is known for its fast order execution and wide range of technical analysis tools and resources. In addition, traders can customize the platform according to their needs and preferences.

In addition to MT5, Forex.com also offers its own trading platform, the Forex.com platform. This platform is easy to use and is designed to provide an intuitive and customizable trading experience. The Forex.com platform features advanced trading tools, real-time charting and a wide range of technical indicators, making it a good choice for traders of all experience levels.

Forex.com Margin

Margin on Forex.com is a financial requirement that traders must meet in order to maintain their open positions. The margin requirement varies by platform (FOREX.com or MetaTrader), market, asset class and position size. Each instrument on Forex.com has its own margin information that can be found on the market information sheet on the FOREX.com platforms. To calculate the margin required to open a position, simply multiply the total nominal value of the trade (quantity x instrument price) by the margin factor. Traders can use the platform's margin calculator to find out the margin required before opening a position. In addition, Forex.com allows monitoring the margin requirements of each position individually and reviewing the total margin requirement of the account through the Margin Indicator. It is important to remember that the margin requirement may change over time as market prices fluctuate.

Negative balance protection

Forex.com offers negative balance protection on all of its trading accounts. This means that clients cannot lose more money than they have in their account, providing an additional layer of security and peace of mind in trading. In the event that an extreme market situation occurs and a position moves against the client, Forex.com will automatically close the position before the account balance falls below zero. This protection helps limit risk for clients and is an important feature to consider when choosing a forex broker.

Deposit and Withdrawal

Forex.com offers several payment methods for depositing and withdrawing funds, such as credit card (Visa, Mastercard, Maestro), wire transfer, Skrill and Neteller. Deposits are processed within 24 hours, which means traders can start trading quickly. Withdrawals are also fast, usually taking 1-2 business days to process. It is important to note that Forex.com does not charge any additional fees for deposits or withdrawals, but payment service providers may impose their own fees.

Forex.com Education

Forex.com offers a wide variety of tools and resources to help traders make informed decisions, including technical analysis, economic calendars, real-time news, free webinars and seminars, and a free demo account to practice and improve trading skills.

Forex.com Customer Service

Forex.com offers exceptional customer service, with 24-hour support in multiple languages via live chat, email and address. In addition, the broker has an extensive online help center covering topics from account opening to trade execution and risk management. It also offers a news and analysis section, which includes an economic calendar and real-time market news, allowing clients to stay informed and make informed decisions. Overall, Forex.com demonstrates a strong commitment to customer satisfaction and provides all the tools necessary for traders to succeed in their trading experience.

E-mail: support@forex.com

Address: 30 Independence Blvd, Suite 300 (3rd floor), Warren, NJ 07059, USA

Conclusion

In summary, Forex.com is a well-regulated and respected broker with a wide variety of trading instruments and easy-to-use trading platforms. With its solid reputation in the industry and its focus on security and protection of client funds, Forex.com is an attractive option for traders looking for a reliable and secure broker.

Frequently asked questions about Forex.com

Q: Does Forex.com offer a demo account for practice？

A: Yes, Forex.com offers a free demo account for traders who want to practice before trading with real money. The demo account offers full access to the trading platforms and market analysis tools for a limited period of time.

Q: What is the minimum deposit to open an account at Forex.com？

A: The minimum deposit to open a Forex.com account varies depending on the type of account the trader chooses and the trader's location. In some cases, it can be as low as 10 0 dollars.

Q: Does Forex.com charge commissions for trades？

A: Forex.com charges commissions for some trades, such as stock trading. However, it does not charge commissions in most markets. Instead, Forex.com earns profits through the spread between the bid and ask prices of assets.

Q: Does Forex.com have any kind of training or education program for traders？

A: Yes, Forex.com offers a wide variety of educational resources for traders of all levels, including live webinars, seminars, trading guides, articles and educational videos.

Q: What payment methods does Forex.com accept？

A: Forex.com accepts various payment methods, including credit and debit cards, bank transfers, as well as electronic payment systems such as Skrill and Neteller. Processing times and deposit and withdrawal limits may vary depending on the method chosen and the trader's location.

Plus500 Review Summary of 10 Points
Founded	2008
Headquarters	Israel
Regulation	FCA, CySEC, ASIC, FMA, MAS
Market Instruments	forex, cryptocurrencies, stocks, indices, commodities, and options
Demo Account	Available
Leverage	1:30 (forex), 1:20 (indices), 1:10 (commodities), 1:2 (cryptocurrencies), 1:5 (stocks)
EUR/USD Spread	0.5 pips
Trading Platforms	own proprietary trading platform (desktop, web, and mobile)
Minimum deposit	$/€/£100
Customer Support	24/7 email, WhatsApp and live chat

What is Plus500？

Plus500 is an online trading platform that offers Contracts for Difference (CFDs) on a range of financial instruments including stocks, forex, commodities, cryptocurrencies, options, and indices. The platform was founded in 2008 and is headquartered in Israel, with additional offices in the UK, Cyprus, Australia, and Singapore. Plus500 is authorized and regulated by several financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Australian Securities and Investments Commission (ASIC) in Australia. The platform is available in more than 50 countries and supports over 30 languages.

What Type of Broker is Plus500？

Plus500 is a CFD (Contracts for Difference) broker, which means that it offers trading on derivatives based on various financial assets without actually owning the underlying assets. Traders can speculate on the price movements of assets such as stocks, forex, commodities, cryptocurrencies, and indices without having to buy or sell the assets themselves. As a CFD broker, Plus500 allows traders to take both long and short positions, and offers leverage which can increase potential profits (and losses).

Pros & Cons

Plus500 is a good option for traders looking for a user-friendly platform to trade a wide range of markets and instruments, with competitive spreads and no commissions.

However, traders who require advanced charting tools, educational resources, and alternative trading platforms may need to consider other brokers.

Pros	Cons
• Simple and easy-to-use trading platform	• Limited product offering
• Commission-free trading	• Limited research and educational tools
• Tight spreads	• No support for MetaTrader platform
• Negative balance protection	• Limited customer support options
• Regulated by reputable financial authorities	• No phone support
• Free demo account	• Withdrawal fees for some payment methods
	• Limited trading tools and features

Note that the information presented in the table is based on general observations and may vary depending on individual circumstances and preferences.

Plus500 Alternative Brokers

There are many alternative brokers to Plus500, and the best one for you will depend on your individual trading needs and preferences. Here are some popular alternatives to Plus500:

• eToro: eToro is a social trading platform that allows you to copy the trades of other traders. It offers a wide range of trading instruments and has a user-friendly platform.

• IG: IG is a well-established broker that offers a wide range of trading instruments, including forex, stocks, and commodities. It also offers a range of educational resources and has a user-friendly platform.

• XM: XM is a popular broker that offers competitive spreads and a range of trading instruments, including forex, stocks, and commodities. It also offers a range of educational resources and has a user-friendly platform.

• Pepperstone: Pepperstone is a popular broker that offers competitive spreads and a range of trading instruments, including forex, stocks, and commodities. It also offers a range of educational resources and has a user-friendly platform.

• IC Markets: IC Markets is a popular broker that offers competitive spreads and a range of trading instruments, including forex, stocks, and commodities. It also offers a range of educational resources and has a user-friendly platform.

It's important to do your own research and compare the features and fees of different brokers before making a decision.

Is Plus500 Safe or Scam？

Plus500 is considered legitimate as it is authorized and regulated by several top-tier financial authorities, including the UK's Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). Plus500 is also publicly traded on the London Stock Exchange, which provides additional transparency and accountability. The broker has been in operation since 2008 and has a large and established customer base. However, it is worth noting that no broker is entirely risk-free, and traders should always do their own due diligence before depositing funds with any broker.

How are you protected？

Plus500 takes several measures to ensure the safety and protection of its clients, and the fact that it is a regulated broker provides additional reassurance to clients. Here is a table outlining how Plus500 protects its clients:

Protection Measure	Detail
Segregated Funds	Client funds are kept separate from company funds
Negative Balance Protection	Clients can't lose more than their account balance
Risk Management Tools	Stop loss, limit order and other tools to help manage risk
Account Verification	Rigorous account verification process to prevent fraud and unauthorized access
SSL Encryption	Secure Socket Layer (SSL) encryption used for all communication and data transfer
Regulatory Oversight	Regulated by multiple reputable financial authorities
Investor Compensation Fund	Eligible clients may receive compensation in the event of insolvency or bankruptcy

Note: This table provides a brief overview of Plus500's client protection measures and is not exhaustive. Clients should always refer to Plus500's official website and legal documents for complete and up-to-date information.

Our Conclusion on Plus500 Reliability:

Overall, Plus500 appears to be a reliable broker with a strong emphasis on client protection. The company is regulated by multiple reputable financial authorities, has a robust risk management system in place, and offers negative balance protection to clients. Plus500 also uses encryption technology to protect clients' personal and financial information.

However, it is important to note that no broker is completely risk-free, and clients should always carefully consider their investment goals and risk tolerance before trading with any broker.

Market Instruments

Plus500 offers a wide range of trading instruments including:

• Forex pairs - major, minor, and exotic currency pairs

• Stocks - CFDs on stocks from various international markets

• Indices - CFDs on major stock indices like S&P 500, Nasdaq, FTSE 100, and more

• Commodities - CFDs on precious metals, energies, and agricultural products

• Cryptocurrencies - CFDs on popular digital currencies like Bitcoin, Ethereum, Litecoin, and more

Accounts

Plus500 offers two types of accounts: a live trading account and a demo account.

The live trading account requires a minimum deposit of $100 and provides access to real-time market prices and trading in over 2,000 instruments. Traders can use leverage of up to 1:30 for retail clients and up to 1:300 for professional clients. The live account offers various features such as stop loss, take profit, and guaranteed stop loss orders. There are no commissions charged on trades. Instead, the company earns money through the bid-ask spread.

The demo account is free and allows traders to practice trading using virtual funds with access to the same trading instruments as the live account. It is a great way for traders to learn how the platform works, practice trading strategies, and get familiar with trading instruments before investing real money. The demo account is available for unlimited time and can be used to test new trading strategies without the risk of losing real money.

Leverage

Plus500 offers leverage for different financial instruments. The maximum leverage offered depends on the instrument and the jurisdiction where the trader is located. In general, the leverage for forex trading can be up to 1:30 for retail clients in the European Union, and up to 1:300 for professional clients.

For other instruments, such as stocks, commodities, and cryptocurrencies, the leverage can vary between 1:5 and 1:30 for retail clients, and up to 1:300 for professional clients.

It's important to note that higher leverage can amplify both profits and losses, and traders should use it with caution and proper risk management.

Spreads & Commissions

Plus500 offers floating spreads on all trading instruments, meaning the spreads can fluctuate based on market conditions. The spreads can start from as low as 0.5 pips for major currency pairs like EUR/USD. Plus500 does not charge any commission on trades, and their revenue comes solely from the spreads offered.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker	EUR/USD Spread	Commission
Plus500	0.5 pips	No
eToro	1.0 pips	No
IG	0.75 pips	Yes
XM	1.6 pips	No
Pepperstone	0.16 pips	Yes
IC Markets	0.1 pips	Yes

Note that spreads and commissions are subject to change and can vary depending on the account type, trading platform, and other factors. Traders should always check the broker's website for the most up-to-date and accurate information.

Trading Platforms

The Plus500 trading platform is an in-house developed web-based platform that can be accessed directly from the Plus500 website. The platform is user-friendly and intuitive, making it easy for traders to navigate and trade various financial instruments. It is also available in several languages.

The Plus500 trading platform offers several advanced features, including price alerts, real-time charts, and technical analysis tools. The platform also includes a demo account that traders can use to practice trading without risking any real money.

Overall, the Plus500 trading platform is well-designed and functional, but it may lack some of the advanced features found in other trading platforms. See the trading platform comparison table below:

Broker	Trading Platforms
Plus500	Plus500 WebTrader, Plus500 Windows Trader, Plus500 mobile app
eToro	eToro WebTrader, eToro mobile app
IG	IG Trading Platform, IG mobile app
XM	MetaTrader 4, MetaTrader 5, XM WebTrader, XM mobile app
Pepperstone	MetaTrader 4, MetaTrader 5, cTrader, Pepperstone mobile app
IC Markets	MetaTrader 4, MetaTrader 5, cTrader, IC Markets mobile app

Deposits & Withdrawals

Plus500 offers several deposit and withdrawal methods, including:

• Credit/debit card (Visa or Mastercard)

• PayPal

• Bank transfer

• Electronic wallets (Skrill, Neteller)

It's worth noting that the availability of certain payment methods may vary depending on your location.

Plus500 does not charge deposit or withdrawal fees, but some payment providers may charge transaction fees, which should be checked with the provider directly. Plus500 also requires users to withdraw funds using the same payment method that was used for depositing funds, up to the deposited amount. Any excess profits can be withdrawn using any other payment method supported by Plus500.

Minimum deposit requirement

The minimum deposit requirement for Plus500 varies depending on the jurisdiction and the account type. In general, the minimum deposit ranges from $100 to $1,000. For example, in the UK, the minimum deposit is £100. In Australia, it is AUD 100, and in the EU, it is €100. It is recommended to check the specific minimum deposit requirement for your country and account type on the Plus500 website.

Plus500 minimum deposit vs other brokers

	Plus500	Most other
Minimum Deposit	$/€/£100	$/€/£100

Plus500 Money Withdrawal

To withdraw funds from Plus500, you need to follow these steps:

Step 1: Log in to your Plus500 account and click on the “Funds Management” tab.

Step 2: Click on “Withdrawal” and select your preferred withdrawal method.

Step 3: Enter the amount you wish to withdraw and any additional information required for the withdrawal method you have chosen.

Step 4: Click on “Submit” to initiate the withdrawal process.

It is worth noting that Plus500 may require additional documentation or information to verify your identity before processing your withdrawal request. The processing time for withdrawals may also vary depending on your chosen withdrawal method.

Fees

Plus500 charges overnight funding fees for holding positions overnight. There are no fees for deposits and withdrawals, and inactivity fees only apply after three months of inactivity.

The overnight funding fee is a cost incurred for holding positions overnight and can be a credit or debit to your account depending on the direction of the position and the prevailing interest rates. The funding rate varies based on the instrument traded.

It is important to note that Plus500 may also charge additional fees for certain actions like guaranteed stop-loss orders or currency conversions.

Overall, while the fees for Plus500 are relatively low, traders should be aware of the potential for higher overnight funding fees, as well as any additional fees that may apply for certain actions.

See the fee comparison table below:

Broker	Deposit Fee	Withdrawal Fee	Inactivity Fee
Plus500	Free	$5-$10	$10/month
eToro	Free	$5	$10/month
IG	Free	Free	$18/month
XM	Free	Free	$5/month
Pepperstone	Free	Free	$0
IC Markets	Free	$3.5	$0

Customer Service

Plus500 offers customer service through email, WhatsApp and live chat. The live chat is available 24/7, while email and WhatsApp support is available during business hours. Plus500 also provides an extensive FAQ section on their website, which covers many commonly asked questions about their services and trading platform.

You can also follow Plus500 on some social networks such as Facebook, Twitter and Instagram.

Overall, Plus500's customer service is considered to be adequate, with prompt responses and helpful support staff. However, some users have reported difficulty reaching support during busy times or experiencing long wait times for responses to their queries.

Pros	Cons
• 24/7 customer support via live chat	• No phone support available
• Multilingual support	• Sometimes response is not prompt
• User-friendly help center and FAQ section

Note: These pros and cons are subjective and may vary depending on the individual's experience with Plus500's customer service.

Education

Plus500 provides an educational section on their website, which includes video tutorials, a demo account, and a FAQ section. The educational resources cover topics such as trading basics, technical analysis, and risk management. However, the educational content is relatively limited compared to some other brokers and may not be sufficient for beginners looking to learn about trading.

Conclusion

Overall, Plus500 is a reputable and reliable online broker that offers a user-friendly trading platform, competitive spreads, and a wide range of trading instruments. It has a strong regulatory framework and offers various measures to protect its clients. Plus500 also provides excellent customer service with a 24/7 support team available via live chat.

However, Plus500 does have some drawbacks, such as limited educational resources, lack of a dedicated account manager, and a relatively high inactivity fee. Additionally, the broker's trading platform may not be suitable for advanced traders who require advanced charting tools and features.

In summary, Plus500 is an excellent option for beginner traders who are looking for a straightforward and easy-to-use trading platform with a low minimum deposit requirement. It is also a good choice for experienced traders who prioritize a strong regulatory framework and reliable customer service over advanced trading features.

Frequently Asked Questions (FAQs)

Q 1:	Is Plus500 regulated？
A 1:	Yes. Plus500 is regulated by FCA, CySEC, ASIC, FMA, and MAS.

Q 2:	Does Plus500 offer demo accounts？
A 2:	Yes.

Q 3:	Does Plus500 offer industry-standard MT4 & MT5？
A 3:	No. Instead, Plus500 offers its own proprietary trading platform (desktop, web, and mobile).

Q 4:	What is the minimum deposit for Plus500？
A 4:	The minimum initial deposit to open an account is $/€/£100.

Q 5:	Is Plus500 a good broker for beginners？
A 5:	Yes. Plus500 is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions. Also, it offers demo accounts that allow traders to practice trading without risking any real money.