Plus500 Review 2026
Full Plus500 review for New Zealand traders — regulation, spreads, fees and our honest verdict.
Regulation in New Zealand
| Regulator | ASIC ASIC — Australian Securities and Investments Commission (ASIC) |
| Licence Number | 417727 |
| Regulated Entity | Plus500AU Pty Ltd |
| Max Leverage (Forex) | 1:30 |
| Max Leverage (Crypto) | 1:2 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 0.6 pips |
| Instruments | 2,000+ |
| Platforms | WebTrader, iOS, Android |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: USD10/month after 3 months (no login) |
Verdict
Regulated by ASIC (licence 417727). Minimum deposit $100. In New Zealand: maximum forex leverage 1:30.
About Plus500
Plus500 was founded in 2008 and is headquartered in Haifa, Israel. The broker offers 2,000 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. Plus500 is publicly listed on the LSE:PLUS. It is regulated across multiple jurisdictions with a primary licence held by Plus500AU Pty Ltd under ASIC.
In New Zealand, Plus500 operates as Plus500AU Pty Ltd, authorised by ASIC under licence number 417727. New Zealand traders are subject to a maximum leverage of 1:30 on forex pairs under ASIC rules.
Trading Platforms
Pros
- ASIC regulated — licence 417727
- 2,000+ instruments to trade
- Negative balance protection in New Zealand
- Platforms: WebTrader, iOS, Android
Cons
- Inactivity fee: USD10/month after 3 months (no login)
- 82% of retail clients lose money
- CFD trading — you do not own the underlying asset
- No real stock ownership
Key Facts About Plus500
- Listed on London Stock Exchange Main Market since 2018 (ticker: PLUS)
- Proprietary platform only — no MT4, MT5, or cTrader
- Offers guaranteed stop-loss orders (GSLO) at an added spread cost
Known Limitations
- Inactivity fee of $10/month applies after 3 months without login
- No support for automated trading (EAs/bots)
- CFD-only — no direct ownership of underlying assets
Frequently Asked Questions
Is Plus500 regulated?
Plus500 holds ASIC licence 417727, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official ASIC public register.
What is the minimum deposit for Plus500 in New Zealand?
The minimum deposit is $100. This is the amount required to open a live trading account for traders in New Zealand under ASIC regulation.
What leverage does Plus500 offer in New Zealand?
In New Zealand, Plus500 offers maximum forex leverage of 1:30 under ASIC rules. Higher leverage may be available through offshore-regulated entities.
Is Plus500 safe to trade with?
Plus500 is regulated by ASIC, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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