Is Plus500 a Scam? Regulation Check 2026
We checked Plus500's licence in the official MAS register. Here is what the public records say.
Verdict
Plus500 is NOT a scam. It holds MAS licence CMS100648, authorising it to offer trading services in Singapore.
How to verify on the official register
| Regulator | MAS MAS Monetary Authority of Singapore (MAS) |
| Licence Number | CMS100648 |
| Regulated Entity | Plus500SG Pte Ltd |
| Founded | 2008 |
| Listed | LSE:PLUS — publicly audited |
What MAS regulation means
MAS-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with MAS directly.
What MAS 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 MAS if Plus500 fails to resolve your issue
- Plus500 submits to regular independent financial audits under MAS oversight
Frequently Asked Questions
Is Plus500 a scam or legitimate?
Plus500 is NOT a scam. It holds MAS licence number CMS100648. MAS is one of the world's most respected financial regulators. The licence is publicly verifiable in the MAS official register.
How do I check Plus500's MAS licence?
Go to the official MAS website and use the public register search. Search for licence number CMS100648 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 MAS-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 Singapore?
In Singapore, Plus500 operates under MAS 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 MAS.
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