Plus500 Review 2026
Full Plus500 review for Philippines traders — regulation, spreads, fees and our honest verdict.
Regulation in Philippines
| Regulator | FSA FSA — Seychelles Financial Services Authority (FSA) |
| Licence Number | SD039 |
| Regulated Entity | Plus500SEY Ltd |
| Max Leverage (Forex) | 1:300 |
| Max Leverage (Crypto) | 1:10 |
| 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 FSA (licence SD039). Minimum deposit $100. In Philippines: maximum forex leverage 1:300.
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 Plus500SEY Ltd under FSA.
In Philippines, Plus500 operates as Plus500SEY Ltd, authorised by FSA under licence number SD039. Philippines traders are subject to a maximum leverage of 1:300 on forex pairs under FSA rules.
Trading Platforms
Pros
- FSA regulated — licence SD039
- 2,000+ instruments to trade
- Negative balance protection in Philippines
- 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 FSA licence SD039, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official FSA public register.
What is the minimum deposit for Plus500 in Philippines?
The minimum deposit is $100. This is the amount required to open a live trading account for traders in Philippines under FSA regulation.
What leverage does Plus500 offer in Philippines?
In Philippines, Plus500 offers maximum forex leverage of 1:300 under FSA rules. Higher leverage may be available through offshore-regulated entities.
Is Plus500 safe to trade with?
Plus500 is regulated by FSA, 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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