Plus500fraud-money stolen

D
This review was posted by
a verified customer
Verified customer
Review updated:

Warning:plus500 is fraud!

Plus500 site is a big fraud, a total scam.
Never put any own money in it.
You never ever will see your money again.
Only thing, you can do on their site,
Is checking some trading prices (at least in currencies eur/usd seems be up to date).

The "demo" and "with own money" options are identical and both
Only for show.
Behind that program isn't anything "real" happening, no real transactions.

They only collect your money and make you to imagine, that you are trading real trades. You are not!

As said, they are only after your deposits!

On many sites, wich contain plus500-fraud complains, one or several plus500-fraudsters themselves are trying to eliminate accuses about scam, saying
"plus500 is not a scam; I have been trading half a year; I have collected $10000 in two months" etc.

But I have definitely lost €100,
I wouldn't write here only to accuse a site, which I don't know even the address!

Responses

  • Wi
    wipika Aug 15, 2011

    i use the demo fro a week. i intent to contact them for few question about it . no phone number, no email reply.
    this absolutely scandalous to have such poor service and no even a contact number. this is a scam 100%

    0 Votes
  • Ri
    Rita Burnham Jul 30, 2018

    @wipika After months of trading with these brokers and not being able to make any type of withdrawal, I was able to hire a referred expert who recovered my funds discreetly within 7days.Happy to share my experience. [email protected], com

    -1 Votes
  • En
    enum Jul 23, 2013

    Not sure if it is a scam or not; but I lost $14, 000 in one month with them, because I bought some mining shares (evolution mining, evn. ax) which had already dropped about 45% from the year high of $2, to about $1.48, after the sudden unexpected collapse in the gold price. I bought in at about $1.20, holding eventually, 14, 000 shares. I bought them because the risers and fallers list on plus500 hd them on that list. I now believe that the shares on that list, specifically, are actually frauds run by plus500 staff. how does the fraud work? well, plus500 staff have a share in the profits from the listing of those companies, which list with plus500 (as they would never get jew finanzing anywhere else!!) for a fee. when plus500 have enticed 'sufficient' numbers of shares to be bought by their clients, they then instruct the companies which pay them the fraudulent and deceitful fee; at which point those inside the scam begin trading the same shares down, until the clients are margined out.in my case, this happened when evn. ax reached the multi-year low of 53 cents, or about 75% down from the high set in 2011. after my money was stolen by plus500, and all retail holders had been efficiently liquidated (margined out) by plus500, who are going to roast in hell for ever, as they are deceitful anti-christ zionist #s, plus500 instructed the insiders to "buy in" again. evn. ax is a pump and dump scam run with the full knowledge of #ers like plus500, who will burn in hell and roast for ever. that is why the shares are now, miraculously, back to 83 cents in only three weeks since their crash to 53 cents. you #ers at pus500 be warned. evn. ax is finished. and so are you.

    0 Votes
  • La
    Lalah Jan 19, 2018
    This comment was posted by
    a verified customer
    Verified customer

    @enum Www.plus500scam.co.uk
    I'm looking to add more legal companies daily, worldwide, involved in class action lawsuits against plus500.

    2 Votes
  • Ti
    tipwings Dec 03, 2018

    @enum hello everyone, I lost 900k usd to greensfieldcapital. I totally lost hope in getting my money back, i tried charging back but that never worked, i got a lawyer but that never worked too until i came across a post on a Certified Binary Options Recovery Experts www.oxpahat.org with no upfront payment. they who has been guiding people on steps to take to recover lost funds from financial scam and was able to get all my funds recovered last week... [email protected] to email.

    0 Votes
  • Ib
    Ibrahimdxb Sep 09, 2013
    This comment was posted by
    a verified customer
    Verified customer

    I found Plus500 Cyprus Warning on http://m.seekingalpha.com/instablog/410749-daily-forex/6827-an-in-depth-review-of-plus-500

    Cysec (Cyprus Securities and exchange commission) has issued a warning agianst this company.
    This is the link:
    www.cysec.gov.cy/warni...
    many others have complained online about not being able to withdraw their funds from their accounts.
    http://www.cysec.gov.cy/Downloads/Investors/Προειδοποιήσεις%20-%20Ε_Κ_/2009/Warning%2012.04.2009%20regarding%20company%20Plus500%20Ltd.pdf
    http://www.cysec.gov.cy/warnings_en.aspx

    0 Votes
  • Np
    n parveen Oct 30, 2013

    I have also lost more than £4000 in last few weeks. its seem someone siting behind computer and just cash money from people like me. it doesn't matter we buy or sell the shares result is always similar we lost. if we buy the share price go down till we lost all money. if we sell price go up till we lost the last penny.
    Not me but some expert can sure find how they work, that big fraud so openly on this scale

    2 Votes
  • Ti
    tipwings Dec 03, 2018

    @n parveen Do you know you can recover the funds you lost to heartless brokers, who have smartly require you to deposit funds time to time without any substantive withdrawal?
    When it comes to Binary Options, there have been quite a few examples of people who have been taken for a ride by a Broker and have lost a large amount of money, Many of these brokers misappropriate traders money thinking these traders will not act. Beware of where you invest, Binary Option Scams are quite common and come down to a number of factors including improper due diligence and manipulation by the broker we should be very careful with these so called brokers. If you have lost any amount of money to an online broker, contact [email protected], www.oxpahat.org

    1 Votes
  • Ma
    May Rose Feb 16, 2019

    @n parveen The problem with binary options is not that it is a scam in itself. However, when someone who is not knowledgeable tries to trade binary options, he will definitely lose money. The problem is that people are very anxious to make money and they don’t take the time to learn the strategy analysis and the accurate time to trade, Need help on how to trade and to get your lost money back from greedy brokers. The fastest and easiest way to get your money back is by reporting to a recover expert as I have done in recent years with past experience with myself and clients I that consulted me. Sending a mail to [email protected] will do as this agent helped me recover my $24500 supposed investment in binary options months ago.

    0 Votes
  • En
    Enlightened Eob Nov 15, 2013

    I wholeheartedly agree. they must be playing with the same shadowy software companies that assist with rigging elections in third world countries. I made some good trades going long on bitcoin on the 9th of november 2013. by sunday 10th they had realised they where seriously exposed and they were in trouble. the the price started dropped significantly inconsistent with the the mt gox prices between 10 and 11 jst or 12 to 11 aest. forget the ombudsman i'm gathering all the information and taking my case to the government regulator to expose them.

    2 Votes
  • Oz
    Ozz61 Nov 28, 2013

    I am just a small trader and I wanted to try that platform.
    At first I made a deposit of 100€.. how stupid.
    The first days I made some money but then I started loosing all my trades I don't even know why.
    So sadly my account fell to 50€, no problem i'm gonna get it all back... but again... how stupid!
    They switched my account to "gold member" how nice of them, you know what happened?
    With this amazing "gold" # I can no longer trade because now the minimum investment is 100 euros so unless I make a new deposit, I just lost my money, I really want to get it back, not that i'm in any kind of trouble but I hate it when this happens!
    And i'm pretty sure I am not the only one!

    1 Votes
  • De
    dennis bazelmans Nov 30, 2013
    This comment was posted by
    a verified customer
    Verified customer

    Yes they do take your profits be very careful when dealing with plus500, make sure you read their product disclosure agreement before you trade with plus500.

    I say this because any person who has a reasonable amount of intelligence, will automatically read that they will be dealing with a company that wants it all their way, they basically have or think they have their product disclosure written up in a way that prevents you the client from taking any type of action against them, whilst at the same time take no responsibility for anything they decide they want to do, this includes taking or keeping your money.

    Once you read the product disclosure form and tick the box its a formal legally binding contract with you the client, so they say I am about to prove them wrong..
    But as I mention above if you were to read and were not to much in hurry to tick the box, like I was, like we all do these days with our mobile phone and other applications we sign up with on the net, you would never even consider getting involved with these thieves.

    In my case I was allowed to open my account and made several deposits and they were happy to take my money, then there was a period where I was up and tried to withdraw the amount of $5000.00
    Which is the amount I started with, but instead of being able to withdraw the money, an additional
    $5000.00 was deposited in to my account.

    So I was left with a fair amount of cash in my account and said to my self why not keep trading, so I did, I took out a number of positions and ended up having margin calls made on my positions, so I tried to make my margin call payments to keep my positions open, but they would not accept my payments at all this time.
    This is despite plus500 continuously sending me margin call emails and phone text messages, but at each attempt they blocked my account and prevented me from making the margin call deposits.
    If I was able to make my my margin call deposits I would have ended up with a handsome profit.

    I had contacted plus500 who at the time I thought were a reputable company and was informed that the reason they would not allow me to make the deposits was because I had not provided them with the remainder on my id requirements in order to comply with anti money laundering laws and raisng money for terrorism laws, which I told them I was happy to provide.
    The problem was that this whole process could take up to 3 days, 3 days is a lifetime in this type of trading it certainly would very rarely make you but would definitely break you as it did to me.

    I had sent numerous emails to plus500 and at first, but they kept on saying that they need to refer this matter to a senior advisor, and there senior advisers kept coming up with different excuses, until I received my final answer and this was that I had ticked the box and agreed to comply to their product disclosure agreement, which said they can suspend your account when ever they want, and in my case it was because I had not sent in the rest of my id requirements and hey were accusing me of money laundering, I used my cc so I do not know why they would think I was laundering money, and they ended up with my money, and they can do what ever they want when ever they want this means stealing your money, and as I said to them even if I was a money launderer which I am not, and at times agreed to send the rest of my id requirements, so who is the money launderer if they kept my funds.

    Be very careful with plus500 they make their own rules and their rules are only of any benefit to plus500
    And the fact that they are all over the net promoting them selfs as honest operators is suspicious
    Be careful

    Dennis baz
    Dennis baz

    3 Votes
  • Sy
    Sydney Oz Feb 17, 2018
    This comment was posted by
    a verified customer
    Verified customer

    @dennis bazelmans That's so interesting they wouldn't take your money due to alleged money laundering. coz with me they took my money but wouldn't let me withdraw due to alleged money laundering. eventually I provided them with all documentation that they had no choice but to let me withdraw. very deceitful company that makes up rules based on the customer they are dealing with at the time

    0 Votes
  • Be
    [email protected] May 24, 2018
    This comment was posted by
    a verified customer
    Verified customer

    @Sydney Oz Totally agree. Stay away from this group. Lesson learnt! Happy to share my experience.

    0 Votes
  • Th
    ThanosB Dec 16, 2013

    Today I opened a "buy" position for the italy 40 index which was showing a fall of -1.40% in the morning and later on -1.03%. so I saw nasdaq, nikkei going up and I said good opportunity to open a buy position in italy index which was falling at the moment -1.03%. after some trading I saw the price in yahoo finance and what I saw??? italy 40 index was actually from the morning up 1.40%. the index value was the same, but in their platform it was showing a fall. so deceiving... I immediattelly made a screenshot which I have available for all of you, showing the "-1.10$" and reported a problem. now that I am writing this text they corrected it.:) they are so funny. I demanded my account to be reinstated as this was deceiving from their part... but no answer still... I will keep you updated...

    2 Votes
  • De
    dennis bazelmans Dec 17, 2013
    This comment was posted by
    a verified customer
    Verified customer

    Lets shutdown plus500
    I think we should all gather as much information on these scamming thief's and put together some sort of class action against them they are not honest they do or change anything they can to rip your cash of you, lets get it back from them and have them shut down.
    Lets shutdown plus500 I call them pus500

    5 Votes
  • De
    dennis bazelmans Dec 17, 2013
    This comment was posted by
    a verified customer
    Verified customer

    Lets shutdown pluss500
    I thing we should all get together with our complaint about these filthy rotten scammers and take some sort of class action against them and have them closed they should be called pus500 because thats how dirty they are.
    We together can stop this from happening to others
    Lets have plus500 shut down.

    8 Votes
  • Ti
    Timothy van Staden Jan 20, 2014
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    a verified customer
    Verified customer

    See my saga with plus 500 - latest comment at the top going back to jan 2nd 2014

    Any progress yet?

    From: timothy van staden [mailto:[email protected]]
    Sent: 20 january 2014 10:15
    To: 'plus500 support'
    Subject: fw: tj van staden - id [protected] - refund cheques from trading account
    Importance: high

    When will you sort this out??

    From: timothy van staden [mailto:[email protected]]
    Sent: 18 january 2014 12:21
    To: 'plus500 support'
    Subject: fw: tj van staden - id [protected] - refund cheques from trading account
    Importance: high

    You were able to close my trade yesterday (margin call) but cannot respond to my query!!!

    I want a response - why are you acting like you have no responsibility towards me??

    T j van staden

    From: timothy van staden [mailto:[email protected]]
    Sent: 16 january 2014 22:07
    To: 'plus500 support'
    Subject: fw: tj van staden - id [protected] - refund cheques from trading account
    Importance: high

    Do you really think that ignoring me will solve the problem?? south african banks will not cash or accept foreign cheques which are not in english. I have already told you I cannot bank the 2 cheques you have sent me - refund me via my credit card or draw cheque(s) in my name in english once you see the original cheques are not cashed/processed.

    Thanks

    Tj van staden

    From: timothy van staden [mailto:[email protected]]
    Sent: 14 january 2014 12:33
    To: 'plus500 support'
    Subject: fw: tj van staden - id [protected] - refund cheques from trading account
    Importance: high

    I have had zero feedback on this email sent 2 january below - please read request and advise soonest

    Thanks

    Tj van staden

    From: timothy van staden [mailto:[email protected]]
    Sent: 02 january 2014 16:05
    To: 'plus500 support'
    Subject: tj van staden - id [protected] - refund cheques from trading account

    Dear sir or madam

    Plus 500 sent me 2 berliner volksbank cheques as refunds for my deposits. the cheque no's are [protected] and [protected]. the tracking numbers are [protected] and [protected] respectively. please cancel these cheques. my bank in south africa cannot process the cheques as the euro value of the cheque is in german - apparently there is an international convention which requires cheques to south africa to be in english??

    Further - my printer crashed and I cannot scan the cheques to you should you require scans??

    In addition to this the credit card used for payment into my real account is valid - it seems that plus 500 tried without success to refund my credit card (during card renewal period - by co-incidence)) but you will be able to do so now.

    Either try refund my credit card or draw a single cheque for both amounts to avoid double fees when I deposit the cheque.

    please advise wrt all the above.

    All the best

    Timothy van staden

    2 Votes
  • Ir
    IrishPol Jan 22, 2014

    A reply I received from Plus500 regarding price differences... Basically they make up their own rates!

    Dave, Jan 21 21:53:
    Hello,

    Thank you for contacting us,

    Kindly note that the indexes we offer are future contracts, and not the current ones as may be the case in other locations or trading sites. Therefore there may be a price difference.

    The rates shown in our software are the prices that we offer. The rates on display in other exchange trade sites are the prices we use for hedging when presenting the transactions to our banks and providers.

    Our quotes are based on external and independent providers. We use these quotes automatically. Also, each instrument has additional providers as backup. Sometimes as trading is done globally, providers might have prices that may vary by a little margin from one another.

    Note that for trading purposes, you shall only use the graphs and the prices shown on our platform.

    If you require any further assistance, feel free to contact us.

    Best Regards

    Dave,
    Customer Support
    Plus500UK Ltd
    359 Goswell Road
    London EC1V 7JL

    Plus500UK Ltd is registered in England and Wales (registered no. [protected]) and is authorised and regulated by the Financial Conduct Authority. Registered Office: 8 - 9 Talbot Court, London, EC3V 0BP, United Kingdom.

    This e-mail, and any files transmitted with it, are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this e-mail in error, please notify the sender. This e-mail and attachment has been screened for viruses on sending, but you should screen them again on receipt. Plus500UK Ltd does not accept any liability for any damage caused by any virus transmitted by this e-mail.


    Info, Jan 21 20:55:
    Hi can you tell me why the ftse 100 rates quoted by plus500 don't match the actual rates. Plus500's high today show trading at 6815.95, whereas 6867.42 is was the highest according to several sites I checked.

    Thanks

    2 Votes
  • Sy
    Sydney Oz Feb 17, 2018
    This comment was posted by
    a verified customer
    Verified customer

    @IrishPol Notice how the pig dave doesn't use his last name

    0 Votes
  • Hm
    HM Lin Mar 14, 2014
    This comment was posted by
    a verified customer
    Verified customer

    I also find no reply from withdrawing money! Are they scam?

    2 Votes
  • De
    dennis bazelmans May 11, 2014
    This comment was posted by
    a verified customer
    Verified customer

    I would like to back up the statement made by iris paul on the 22/january/2014
    I received the exact reply from these scoundrels when I questioned there pricing on the trading platform they use.
    This alone is a massive alarm bell ringing, spread the word tell every one you who have seen their presence on the net, they are nothing but tip rats is not possible to ever be miss fortunate enough to have to ever do any type of financial transaction with these sub human bottom feeders.

    No 1 the trading platform they say they use is from an independent source, and I also have it writing they do not just use one source they use several, and they are not all quoting the same price, this means they can pick prices from the source that is in their best interest, which means that they do trade against you, when they guarantee that do not trade against their own clients.

    No 2 they can not provide a time frame as too how they arrive at their pricing so who and how can any clients of plus500 have any method of knowing this scam is kept honest.
    They say that they are regulated by the appropriate government bodies around the world and that's #, even if they were, with what's has been going on all around the world with our global white color criminals running the banking systems does that give any of us that nice safe warm and fuzzy feeling.

    No 3 they are not hedging your money invested with any other financial institution why should they, do not only make profit and as they keep on telling you about the big favour they are doing for you by charging low transaction fees, why should they it is a fact that yhey know well in advance that they will get to keep all of you money to start with.
    We all need to wake up, get together and send these # to the hole in the ground where they come from.

    No 4 in my situation I started to invest in some fair sized positions it is a fact that they can manipulate there own trading platform to benefit from their dishonest premeditated ways of stealing from you.
    And if by some chance they could end up between a rock and hard place, like what they did with me they can just text you or mail you or even call you to advise you that you need to deposit more funds to make your margin call, I could not even begin to imagine how many poor # have lost their hard earned cash, in this way but that's trading we are all aware of this.
    But this is a classic I received the mail the calls and the text for margin calls and was financially in the position to deposit any of the extra funds they required but each time I tried and puss500 would block my account making it impossible to ad extra funds, had I been able to do so I would have made a hansom profit instead of just having what I did have invested just taken or what I should say is stolen.

    This type of trading is volatile we all know and when trading like this you must have extra funds to at times back your judgement and investment we all see how stocks go up one minute and down the next and then up again, and when you are all of a sudden restricted of adding funds to cover your margin call you loose the lot and guess who gets your money its those pigs from puss 500
    And remember they do not actually by any of the stock or the commodities they have you believe, they outlay nothing its all just paper trading and the only party who hands over any funds is the poor # like us who just give to puss500

    Think about it

    Good luck but that does not exist if you trade with the # from puss 500
    So close your account and have good luck with your next broker I think the must be 1 honest broker out there some place

    Dennis bazelmans

    2 Votes
  • An
    angryguy1 Jul 13, 2014

    They want my passport, proof of address and copy of mastercard to return me my money (deposit)!! they are defo a scam.
    Stay away from them. you won't get your own money (deposit) back let alone any profits. all those who say we withdrew money, they are actually staff of plus500 paid to monitor the internet and counteract any complaints against them. be aware that if you get in then the only way out is forgetting your money. you are dealing with a strong mafia. I hope they use my money for buying cancer medicine and coffin for their children and loved ones.

    1 Votes
  • An
    Andrew Arul Jul 15, 2014

    I arranged and was approved by plus 500 to return $185 to my account by bank draft. they claimed it will take 5 weeks. I waited 6 weeks and no bank draft. I have contacted them twice and twice, all they asked was confirmation of my address. and then nothing else. it has been more than 8 weeks now. what can I do?

    Thanks
    S. arulchelvam

    3 Votes
  • Ti
    tipwings Dec 03, 2018

    @Andrew Arul I lost 900k usd to greensfieldcapital. I totally lost hope in getting my money back, i tried charging back but that never worked, i got a lawyer but that never worked too until i came across a post on a Certified Binary Options Recovery Experts www.oxpahat.org with perfection... they who has been guiding people on steps to take to recover lost funds from financial scam and was able to get all my funds recovered last week... [email protected] to email.

    0 Votes
  • Ro
    robbedfriend Jul 30, 2014

    Plus500
    I tried demo and made loses and profit. is demo the same program as a ' real ' one?
    Searching for reviews and when I read those comments i'll not trade with plus500! I see it's all scam!
    Asking for passport id and other documents when you want withdarw.. no way! you're giving them your complex data for identity theft and fraud.
    Example: with pay pal you don't need that. money in and out without asking any of this! e mail address is all you need to send or receive any amount of money.
    Scalping-you are not able make any profit with them, they can always say you're scalping! no definition and rules for that here!
    Links presented about scalping by plus500 are bs.
    As you may see even if their are regulated this didn't stop them from scam. so who is fraudulent here?

    1 Votes
  • Li
    Liam G Sep 22, 2014
    This comment was posted by
    a verified customer
    Verified customer

    Plus500 RIP OFFS
    I was silly enough to keep funding my account thinking I was just unlucky all the time just getting margined out, funny enough it was always just enough to take my money then it would go back up or down, don't get me wrong the stock would be going up/down and they use this to rip people off, it happened to me many times, they will have a list of people for a particular stock that's for example going down if ur on that list unfortunately you will lose your money(margin call) I read some reviews and didn't want to believe it thinking that won't happen to me am to clever to be ripped off am going to make millions and won't have to work again, we all dream ov this, and plus500 scam artists take advantage ov this I've deleted plus500 with £26 left in my account, I did try and take it out but it said the min was £31 wot a joke, no joke the money I lost and i worked dam hard for it, don't think I was just crap at it u will be better I thought the same and no matter wot u will lose trust me don't trust plus500 hope u read this b4 u invest any money, spend your money on something worth while like a nice holiday at least you will see something for it u wont ever see your money again 100%

    2 Votes
  • Ti
    tipwings Dec 03, 2018

    @Liam G hey everyone, kindly take heed to this helpful and vital piece of advice and information, I invested 90% of my retirement payment on ICO Investment with the mindset of getting it multiplied and enjoying a better retirement life. It was sweet and smooth from the start, withdrawals were easy and consistent until it gets to a point I started to be denied withdrawals and that was how I lost all money, I couldn't get my investment amount back not talk of the bonuses. I contacted several lawyers but it was all waste of time and money, they couldn't render an inch of help. God so good to my old self and family, I later met with a certified binary options recovery expert that helped me recover my money from the brokers, it was worth it to pay him 20%. You can contact the expert on [email protected] if you have found yourself in same situation as me, I can assure he would be able to help you just as he helped me, you can give him a try if you don't mind. You can also log on to www.oxpahat.org if you need any more info. Binary options and investment scammers shouldn't get away with this.

    0 Votes
  • Je
    Jesse Rietveld Sep 29, 2014

    Guess I am one of the lucky people that find these kinds of posts before investing any money with plus500. It all seemed so sweet, low entry amounts high leverage. The more I read into this the more I'm convinced they are criminal.
    Reporting such behaviour to the SEC/ AFM/ FSA is no use, those organisations are clueless AND powerless, most likely also corrupt.
    I've read some reports from the head of the AFM (Dutch market) and that guy has even less brain then my 6year old brother. Obviously those organisations are just in place to give the general population a feeling of protection from frauds and scams, but they wouldn't be able to recognise it.
    Anyway happy voting for your governments if you still believe in that farce as well. And thanks for the heads-up about plus500. I'll continue saving until I can join a professional broker like Colmex (which I still need to research).

    Yours,
    Jesse R.

    2 Votes
  • Ju
    Juan RUIZ Hong Kong Oct 10, 2014
    This comment was posted by
    a verified customer
    Verified customer

    Anyone knows about a class action suit going on, I would like to join

    2 Votes
  • Ja
    Jack Doff Aug 25, 2017
    This comment was posted by
    a verified customer
    Verified customer

    @Juan RUIZ Hong Kong http://www.giambronelaw.com/site/servicesforindividuals/binary-trading-litigation/english/class-action-plus-500/

    0 Votes
  • Le
    Leonardo Marques Oct 13, 2014
    This comment was posted by
    a verified customer
    Verified customer

    Me too.. I have made a wire transfer for my account and they don't credit my money on the trade account... just receive my money and nothing more... they stolen me!

    0 Votes
  • Kj
    kjw1408 Oct 17, 2014
    This comment was posted by
    a verified customer
    Verified customer

    I am only small time compared to some of you but having traded successfully and sent copies of a number of sensitive documents, I cannot access my funds management and despite a number of calls and emails I am getting no response.

    I am writing on here as it seems to be the only place they engage in dialogue - although i'm not certain their contributions on here are genuine.

    If anyone does respond and deal with my complaint then i'm happy to be corrected with regard to my perceptions.

    0 Votes
  • Le
    Leonardo Marques Oct 20, 2014
    This comment was posted by
    a verified customer
    Verified customer

    Warning for every one!!

    For those people who was damaged by plus500 you can contact fos - financial ombudsman service ([email protected] uk) to complain about your case, they will help.

    Att.

    Leonardo

    0 Votes
  • St
    Steels Oct 22, 2014

    #ers the trades are not real scams!!! puss💣00

    0 Votes
  • Se
    SenBaz Oct 29, 2014

    I've had a slightly different experience...
    Loaded from my paypal account, won a little, lost a little, then - like many above - got a margin call - and funded more.
    In total, funded eur 1300
    Made some more profits, was up 2000, so withdrew 1000
    - they refunded some of the original paypal payments - so unlike many of you, I have had 'some' (most) of my money back.
    Last night, was up by 3k - market closed with some 3 positions open with a running loss of 300 (and yes, there was my mistake)
    About an hour later, got one margin call on my phone, went to my pc, apparently, the market had opened again, 20 points lower - two positions were already margin-call closed (loss 1700)
    - while I looked in shock, and before I could even consider depositing more, they then margin-call closed the third position at a loss of 1300!
    When I woke this morning, the positions were all magically back to within 5 points of where they were last night, but my account is 3000 lighter.

    Is it a scam? I can't be sure, but it's hell of a suspicious.
    Suspicious enough for me to google, and find this site.

    0 Votes
  • Pa
    Pattoes Nov 25, 2014

    I bought some contracts on natural gas on friday late in the evening, a bit stupid because it was a couple hours before closing time but what ever...
    On sunday to monday natural gas was open again and it had a big dropdown (4, 242 to 4, 060) and I really was like damnnnn and hoping it would go up again and went to bed.
    Next day I was looking on the internet for some realtime graphics and saw there was also a dropdown but not as big as on plus500 (4, 242 to 4, 196), also on the internetsites the graphic was groing up again but it was going down on plus500.

    The expiredate for natural gas was today 25 november at 18:00 (amsterdam time), and my contracts were closed at 4, 178.
    Just one minute later (when my contracts were closed) it went up to 4, 300!!

    That just isn't right... they keep it low on purpose and make their own rules, nothing to do about this.

    Oh and by the way, the rate for natural gas on plus500 and realtime sites are both correct right now haha.

    1 Votes
  • Fr
    freshpl Dec 05, 2014

    Newest scam!!!
    Anyone else have a problem with deposits? plus 500 deposits/ withdraws in gbp not your set currency

    At a horrible exchange at that so you lose money from the start when you deposit and withdraw!

    1 Votes
  • Th
    The_sun Dec 09, 2014

    Deposited £400, lost £300. with the rest £100 made + £607 (thanks japan) in 12 hours and got all of the money. £707 in my bank account. are they scam? I don't think so. gonna try again. fingers cross

    0 Votes
  • Ho
    Hotelbookingpro Dec 21, 2014
    This comment was posted by
    a verified customer
    Verified customer

    Their bonus is exactly what online casino terms in trader points -> in how many times bonus money must be rolled in transaction to qualify for withdrawal. I had one undeposited transaction that results in a total loss of one transaction with their margin call (file bank report to dispute chargeback and consumer query with fca). it's worst than a scam, it's creating price manipulation with artificial demand and supply with gambling algorithm, most of the time traders lose because the plus500 software, support and management team strategise against trader's cfd trades and blame it on the trader legally using gambling term "spread betting" -> google "cfd trader price manipulation', it's worst than fraud, a major financial conspiracy to enslavement. google" silver price conspiracy". there's legal consequences that will wipe you penniless on court fines for legality of slave debts. not to mention their israel operation base with false accusation of funding terrorist & money laundering (unsound and insane - capital at risk)? avoid cfd trading platforms, a skinup loser platform with gambling algorithm strategise to give traders unsound sleepless nights.

    1 Votes
  • Ho
    Hotelbookingpro Dec 22, 2014
    This comment was posted by
    a verified customer
    Verified customer

    Plus500uk ltd is registered in england and wales (registered no. [protected]) and is authorised and regulated by the financial conduct authority.
    Registered office: 8 - 9 talbot court, london, ec3v 0bp, united kingdom.

    Best : file bank report to dispute chargebacks
    Other
    Contact :
    Financial conduct authority uk > consumer complaint
    Financial ombudsman service

    1 Votes
  • Gi
    Gioa Dec 22, 2014
    This comment was posted by
    a verified customer
    Verified customer

    Be aware of a few facts:
    Plus500 ltd, lse listed under "plus" - is an israeli company. not licensed to provide financial services anywhere. they have no assets with the exception of the "software" they claim to own and their subsidiaries. they are the parent of plus500uk ltd., plus500cy ltd., and plus500au pty ltd.
    Plus500uk ltd. is licensed by the fca, web domain plus500.co.uk, domain owned by plus500uk ltd.
    Plus500cy ltd is licensed by the cysec (a useless regulator of bucket shops), no domain listed
    On the other side - the web domain www. plus500.com is owned by dror sordo and plus500uk ltd. and every trader from outside the uk is linked directly to their scam and fraud entity on cyprus, no matter what the url is showing.
    Dror sordo resigned from plus500uk ltd.in october of 2013 already and he appears to be the mastermind behind this fraud. he vanished from the companies list of directors... until he reappeared in australia, where he co-owns the domain www. plus500.com. au together with an entity named iadpas pty ltd, a company with no apparent ties to plus500
    Make sure you check your credit card or bank statement, and make sure that you know exactly which one of all these scam entities got your money - or you'll be given the run around by fos and/or fca. insist on getting details, beneficiary plus500 wouldn't be enough. you need details like address and name/address of the financial institution, too.
    I am collecting evidence left and right to evaluate what can be done. anyone with proof is herewith invited to let me know.
    This is a scam and fraud setup ever since it all started and needs to be taken off the market.

    0 Votes
  • Gi
    Gioa Dec 22, 2014
    This comment was posted by
    a verified customer
    Verified customer

    Be aware of a few facts
    Plus500 ltd is a lse listed entity from israel - not licensed to provide financial services. their only assets are their wholly owned subsidiaries and the cheater platform/software.
    Plus500uk ltd. is indeed licensed by the fca
    Please check your bank account or credit card statement to verify which if the many entities got your money. check carefully and if in doubt, ask for the exact name and address, plus information about the bank who actually received your money.
    If you don't have that info, you'll be given the run around by fos and fca.
    I am collecting more and more evidence about "plus500" so I can evaluate how to take them off the market and have them delisted. anyone with detailed information and proof is invited to contact me.

    0 Votes
  • Sj
    sjaake Dec 22, 2014

    I first thought people here just didnt understand it. maybe in some cases they do. but I think this organisation is working very subtle seeking the edge of every rule. this is the reason why they are presumibly autorised in many countries. I found out for 99% that they are blocking wan ip adresses in the nederlands. presumible because it is not possible to do this here anymore. so now the can block your whole household, and the next. and you think it a server glitch in whitch you have noting to say because the have all the rights. unless I takes to long but then a week is over. this is the other 1%.in the past it was possible to change your wan. so plus had a hard time blocking everyone. I asked the dutch adn britisch financial agents to sent an it - specialist there. the should find a list full of blocked ips. but also when they where sending me a mail I listend to their ports. it openend for a while. to be closed for ever.

    1 Votes
  • Gi
    Gioa Dec 22, 2014
    This comment was posted by
    a verified customer
    Verified customer

    Plus500 is only regulated in the uk by the fca, in cyprus by the totally useless bucket shop of regulator called cysec and in australia by asic

    Plus500 has registered domains in near every country in europe and therefore making local clients believe they are dealing with an honestly regulated entity.
    But in fact they get redirected to cyprus - while the url remains local. a trader has to check the very bottom of the website to realize where he landed in fact. neat crooked way to lure the innocent small investor onto the site

    The heads of plus500 are all sitting in israel, not one is in europe. all sites, despite the fact that all domains are run on the same server (rackspace, uk) are managed from israel. nobody as far as I know has ever spoken to an employee in europe - there are none. all employees (supposedly 40) are in israel...
    These are highly qualified it crooks

    0 Votes
  • Sj
    sjaake Dec 22, 2014

    Ok, maybe I was to quick to jugde. the problem can be within my internet service provider (isp) to.
    I asked him if the ip plus500 is on is blacklisted. because for instance I can throw more wan adresses to them than they can handle. why do they bother?

    0 Votes
  • Sj
    sjaake Dec 22, 2014

    Maybe I judged to soon, why do they bother blocking wan adresses? for the discretion?
    People can try it in a different household. I just takes more effort. I asked my isp to check whether they blokked the adress or site.

    0 Votes
  • Gi
    Gioa Dec 22, 2014
    This comment was posted by
    a verified customer
    Verified customer

    Question is which of the 34 ip addresses of plus500 did you try to access?
    There is an url www. plus500. nl... and there must be a reason for that - and you'll be directed straight to cyprus, just check the bottom of the page once it's open...

    0 Votes
  • Ho
    Hotelbookingpro Dec 22, 2014
    This comment was posted by
    a verified customer
    Verified customer

    Configure your dns server to google public dns to unblock plus500 ip to access to your accounts.
    Configure your network settings to use the ip addresses 8.8.8.8 and 8.8.4.4 as your dns servers

    0 Votes
  • Ho
    Hotelbookingpro Dec 22, 2014
    This comment was posted by
    a verified customer
    Verified customer

    How to complain to the london stock exchange on plus500 symbol : plus
    If you have a complaint which you wish to address to the london stock exchange, you should put your complaint in writing, including copies of relevant documents and giving as much detail as possible on what has happened. your complaint should be addressed to:

    Regulatory complaints
    Uk regulation
    London stock exchange
    10 paternoster square
    London ec4m 7ls

    1 Votes
  • Gi
    Gioa Dec 22, 2014
    This comment was posted by
    a verified customer
    Verified customer

    You forget that plus500 ltd. is an israeli company. you're never dealing with that entity. and on top of all, this company is managed from israel, like any other of the "group". they may have a uk mailing address, no offices.
    In fact, you rarely know with which of the companies you're actually in contact - unless you check carefully your bank and/or credit card statement and find out exactly which entity got your money. you may think that you're dealing with the uk unit while your money might have gone to israel - or to cyprus.in many cases it states only plus500 and does not even specify anything beyond that. so you indeed have to investigate yourself.
    You can't complain about plus500 ltd. - they're not conducting any sort of business in the uk. they are not licensed to conduct financial service business, so complaining to the fca would be moot, too.
    It is, if ever, their subsidiary plus500uk ltd., and that entity is regulated by the fca, managed 100% from israel

    0 Votes

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