Plus500
reviews and complaints

Stay away from these liars if you care about your hard-earned money.
Judging by my own experience dealing with this website and several similar ones, I can say that Plus500 rates are lower than anywhere else. So not sure you will benefit.
Some issues with withdrawals occur more often than desired.
I know people who dealt with Plus500 and lost their money because all of a sudden their accounts were suspended without any explanations. After those stories, I stopped dealing with this company and thank god I didn't have money in my account when I canceled everything. Think of it if you're with them.

This company is definitely such a fraud one. I invested almost 1400usd in trading somehow their hidden policies made me lose certain amount of money and I lost all of my trust in trading with plus500. I requested for rest of the money withdrawal. But nobody bothers to reply with proof of deposit thwy claim they have done into my account. My banks are saying there is no request of deposit from plus500 and now these guys are asking me to wait 3 weeks to get more information on my account. Why cant give it now? Have I lost all my money? I need answer [censor]!

My friend told me plus500 maybe is a scam & bad platform.so I check this company not available in Singapore & failed using gmail register .open account.im immediately withdraw $1500 sin dollars.statement show approval (settle).But my bank account debit card didnt received any fund transfer.email plus 500 & below is a reply
Hello Yeoh,

Thank you for contacting us.

My name is ​​Hristo and I'll be glad to help out.
Also be aware that Approved settled status means that the funds have been sent and are scheduled to arrive on your side in accordance with the payment method used.

Unfortunately we are unable to locate an account associated with [protected]@gmail.com. Please be so kind to contact us from the email associated with your Plus500 trading account in order for us to be able to proceed with your query and assist you in the best way possible.

Should you require any further assistance, please do not hesitate to contact us.

Best regards,
Hristo

Customer Support
Plus500CY Ltd
1 Siafi Street
3042 Limassol

Plus 500 is a scam, i put a deposit of $10000 into my account with them, and started to trade. I noticed that as i put a buy or a put on a indice, that indice reversed direction and went against my trade. This happened on every trade i entered. After about 4 weeks i have only$500 left in my account. No matter how hard i tried each trade was a loss. I do not believe that they trade at all but just give false results to the trader. You can not contact them no address or phone number and when i complained via achat room, they got rid of that avenue of communication as well.

I intend to go to my bank and show them wat has happened and i will contact the accc. Regards dr. David wynne

Hello my name Is Elijah Owina I signed up to the Plus500UK platform on the 21/1017 at approximately 18.00. I deposited £5000 and put down £3172 and began trading. At approximately 21.00 I clicked cashout which had an amount of approximately £3600 it would not let me cash out and said my account was being verified. I contacted you guys via live chat informing you my email address I registered with was incorrect and to up date it this was between 22.00 and 00.00. My account was not verified until I 5.15 on the 22/10/17 at which point I had lost a large portion of my equity. I am well aware I pose the risk of profit or loss however I would have made a profit if I was allowed to cash out on the dozen occasions I tried. Even if my email address had been verified when requested and not up to 10 hours later I would have not taken a loss. I have messaged you guys numerous times through email & live chat without a response to my query. I am a first time customer to your platform I am appalled with the service I have received. I would like a full refund of £3220 which I have lost because of a technical inefficientcy on your end as well as almost a 24 hr delay before my account was fully live. I was not verified to cash out however I was verified sufficiently to take the lost which would have and should have been avoided. Please get back to me addressing my query. Kind regards Elijah Owina

Ive tried changing address details. I have uploaded utility bill, passport and driving license but continues to be rejected. I have had a chat with one of your agents to change address but for some reason it seems to be a complicated process.
I would like to withdraw funds but cannot due to not being able to verify account as old address still stored on the plus500 account.

Can you please assist..

I have an account plus500 and all was well until today. I had a position for France 40. I opened a position for a while now and it will automatic rolled over. On Wednesday spoke to the agent o live chat asking since the new contract will kick in will my position get closed. They responded no it will not it will be adjusted and rolled over to my surprise the position is closed without my knowledge and 5000.00 gone. When the send the e-mail asked will you close my position never responded. How can you close the position without my knowledge and you lied to me that it will roĺl over and you will make adjustments. I want my money its my hard earn cash u need this to be explained to me. Am not a new trader. My e-mail aaddress is [protected]@gmail.com. someone please help me. I have used for months now but this no it is really unfair. I have an e-mail which I send nobody respond and why did the agents lie to me because if I knew I was going to close the position when it was on 1700 on Thursday. Luck of transparency and being dishonest

Plus500 crypto currency's pricing is inaccurate during periods of high volatility. BTC and ETH in particular, when the market runs their pricing drifts out up to $100 on BTC, see attached images of various exchanges taken at the same time.

This causes their customers to lose out on profits and also misrepresents the market positions in relation to support and resistance levels. The net result is that they minimize their exposure at their customer's expense.

I traded with PLUS 500 Uk from 3.10.2014. From this time to december I became problems with connection, not sended warning SMS, blocking deposits and manipulation with graphs.in december 2014 I filed a complaint against the company at FCA, than FOS. My complaint was rejected, the from me described details were not accepted or controlled. I was waiting for the decision 8 month. All the time I was trading, everytime with the same target. It was absoluttely clear, that PLUS 500 manipulates the dates, I made a lot of evidence, where is visible, how were the graphs manipulated. Everytime I compared the oficial graph of PLUS 500 with my account. There were very often differenzes, which, of course brought my account every time to ZERO. I borrowed a lot of money, mortgage my house to prove it everything and regain my money. I Invested more than 2.000.000, - CZK and have back hardly 2 %. Now I filed a new complaint by CYSEC, but have to wait other up to 8 month to the decision. Now is my loss about 3.000.000, - CZK, this week I have to sell the house, I am without money, waiting almost 1, 5 year.

I have submitted all the necessary documents requested by the company including my id identification, account number and others. However, I was not able to withdraw my money for unknown reasons. I have contacted them several times but without success. I assume my money was stolen and now I can understand this platform is not legitimate and scam. I want to take legal action and official complaint against the company until I get back my money. I am ready to submit all the necessary documents and correspondence if needed.
Thank you for your cooperation in advance.
Yours sincerely,
Mussie

I have been trading plus500 for around 2 years. I like to go on short positions and take my profit. but it looks like i can never make any profit as I always end up loosing.on the other hand I trade other companies demo account in the same way and most of the time I do make profit the way I trade. It is very strange, my money keeps on disappearing. SO I decided to go on longer positions and I started making profit. Quickly my account was blocked and under review. they asked for some documents which I gladly sent. they replied documents accepted but the account still inactive and my money blocked. their answers to my emails is that they have mandatory reviews to do. 2 days now and I only receive rabish emails that answer nothing of my questions.
beside when you are making profit it goes very slow and it s so quick when you are loosing. definitely I see something wrong with that. it is very very strange. I see a huge fraud in there but we have to proof it. I will report my case to the authorities.
WHO gave the right to block my money? They gave it to themselves otherwise they must give explanation. and they do not.

Complete waste of time! Plus 500 don't even use real time! As soon as you make money they change it around so you loose I was trading two different accounts and plus 500 lost me £600 and the other made me £170 trading the same currency at the same rates lol. I asked them and they said they choose the rate wtf avoid! It looks good to start but after a good few trades it will go south
I opened at 7am BUY 502.5 to 504.5

Recently i started trading in Plus. 500 and deposited money without verifying my profile. I have submitted all the documents they asked for which was my work address. Ultimately they asked my residential address as well. I lost AED 1000. When I had asked for a refund they never reply. This is Plus 500 People. they temp you with their bonuses.

I made the fatal mistale of opening an account with plus500 last thursday night (12/03/15) after a friend of mine earned a few quid though it few days back. I bought some oil for approx £400 and on friday (13/03/15) price fell for oil. They kept sending me text alerts and emails at work saying it was going to be a margin call and I had to insert more money to keep in open etc. Pressured at work and worried that I will lose whatever I put in I started paying them and ended up putting a total of £3300. I know I know.
Trading somehow closed on friday and I was doing ok pretty confident that the prices will rise eventually. I log in sunday night when trading opened and it says my instrument has expired on saturday (14/03/15). I sent them an email and they replied saying "instruments that are a contract based on a future have an expiry date, which is a fixed date, hence not dependent on the position's opening date" and mine was the saturday and they closed it.
Had I known if it expires the next day I wouldnt have put more money into it.
Never once whilst they were alerting me to put money into it they said that it was expiring the next day. I am completely distraught over this. I have replied asking them to help me. I plan to take it to the fca and ombudsman if they dont.
Please let me know if anyone had to complain about them before and what came of it. If anyone is in the process of doing then I would be interested to join in as well. Thanks

I hope some one can help me plus 500 took 3, 000 euros from me
And I traded Oil, and gold on line with this company and the prices were different
From Bloomberg news I new there done thing wrong with there prices so i try to stop and sell and the software froze and did not alow me to get out of this trade and finally when the software responded I had Lost 2, 200 euros and I asked for my blance back from this company and it has been over 1 month I have sending them e mails and still noting there are asking me to provide more personal information and provided them with my passport phone bill my drivers license and phone bill and still they are not responding to my e mails, can some help ?

Hi please help me I have negative amount in my closed position in plus500 what does it mean, does it mean that I lost all my deposit money or the amount means debt that I have to pay. I really don't know what to do, i'm a student and I join plus500 and start trading just a few days ago and in my closed positions it shows that I have -$12000 in my closed position I really don't know what to do. If this is just the money I have loss and not the debt I really want to quit plus500 and withdraw the rest of my money. Please help me I sent an email to them but they still haven't reply back to me.

Some info about the fraudulent entity commonly known as plus500
Plus500 ltd., is an israeli company listed on the lse, not fca regulated at all and therefore not licensed to offer financial services, any link provided by them referring to plus500.com is not leading to this company but rather to the owner of the domain which are dror sordo and
Plus500uk ltd. Which is licensed by the fca, but this entity has it's own web domain under plus500.co. Uk
Investors outside the uk, when clicking on www.plus500.com are automatically redirected to
The cyprus entity plus500cy. Ltd, which is licensed by the useless cysec, and has apparently no web domain known. The domain is owned by plus500uk ltd.
The australian plus500 pty. Ltd. Is licensed by asic, has it's own domain as plus500.com. Au. This domain is not owned by plus500 but rather by the brain behind this whole scam, dror sordo and an unknown company by the name of iadpas pty ltd.
Dror sordo, mastermind behind all this from the word go, resigned as a director of plus500uk ltd.in october of 2013 and supposedly has no connection to plus500 anymore - until he reappears in australia where he seems to have no connection at all to iadpas
This is a scam and fraud setup of the first order. I am collecting evidence and maybe a joint action is helping everyone here.
A class action suit appears to be in order and if I can assist, let me know. I do have already plenty of evidence about the fraudulent setup, need more and if possible in detail.