Is Plus500 a Scam? Regulation Check 2026
We checked Plus500's licence in the official ASIC register. Here is what the public records say.
Verdict
Plus500 is NOT a scam. It holds ASIC licence 417727, authorising it to offer trading services in Australia.
How to verify on the official register
| Regulator | ASIC ASIC Australian Securities and Investments Commission (ASIC) |
| Licence Number | 417727 |
| Regulated Entity | Plus500AU Pty Ltd |
| Founded | 2008 |
| Listed | LSE:PLUS — publicly audited |
What ASIC regulation means
ASIC-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with ASIC directly.
What ASIC regulation means for your money
- Client funds held in segregated bank accounts, separate from Plus500's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with ASIC if Plus500 fails to resolve your issue
- Plus500 submits to regular independent financial audits under ASIC oversight
Frequently Asked Questions
Is Plus500 a scam or legitimate?
Plus500 is NOT a scam. It holds ASIC licence number 417727. ASIC is one of the world's most respected financial regulators. The licence is publicly verifiable in the ASIC official register.
How do I check Plus500's ASIC licence?
Go to the official ASIC website and use the public register search. Search for licence number 417727 or the entity name. The record will confirm Plus500's authorisation status and the scope of its permissions.
Are my funds safe with Plus500?
As an ASIC-regulated broker, Plus500 must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if Plus500 encounters financial difficulties.
What protection do I have as a Plus500 client in Australia?
In Australia, Plus500 operates under ASIC supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with ASIC.
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