Score
10-15 years Regulated in Australia
Market Making(MM)
Non MT4/5 Software
Suspicious Scope of Business
High potential risk
Influence
AAA
Score
License Index9.09
Business Index8.33
Risk Management Index0.00
Software Index8.22
Regulatory Index9.06
Influence
AAA
Single Core
1G
40G
More
Company Name
Plus500
Company Abbreviation
Plus500
Platform registered country and region
Cyprus
Company website
Company summary
Pyramid scheme complaint
Expose
Capital
$(USD)
I've reported the situation many times. No one handles it
planned slippage after doubling my account and requesting a withdrawal, more than half of my funds including profits disappeared with a blink of an eye,whereas all my positions were sitting on a profit using lot size 0.01 and leverage 1:100[3f]
My trading account suddenly shows that unable log in. I contact customer service, they ignore me. There are still lots of fund in there
Suddenly, the account was restricted, and the customer service screen could not enter and could not withdraw funds.
It happened between November 23-24. It’s not the first time.
Hello dont trust this two people pretending on Plus500 admin in Telegram. Both of them are a scammer. Please share and advice all the people outside. They're pretending being a pro trader, and also to be a true scheme in trading but not true ,I was scammed by both of them. Be aware. Thank you
The withdrawal is unavailable, albeit normal trading. Even I modified the information, there would be varied problems standing in the way. It is simply a scam.
There is no problem with depositing money in the morning, but in the afternoon, you cannot log in. A fraudulent company.
The platform gave no access to withdrawal with the excuse of wrong bank information. It is simply a fraud.
There was a malicious 500-pip slippage with Plus500 , leading to forced liquidation. Be careful. The price difference could be as high as $30, while it is only 4 to 6 RMB on that in other platforms, only to make clients’ accounts liquidated. The service claimed that they have the right to do so. You investors take heed on it.
The fraud asked for a margin before the withdrawal with the excuse of wrong information. I said that I had no money. Then it asked me to wait 60 days. Now the login is unavailable. Fraud! Take heed on it.
Plus500 required me to deposit fund to unfreeze the account. Otherwise, the withdrawal will be doomed. It is simply their routine.
A client has complained that they manipulate trade so that clents make loss and they have poor customer service.
There was a severe slippage with the morning section on Mondays, 120.89 can slip into 119.55(I set the stop-loss 120), for example. It led to liquidation directly. It gave me the feeling that if I didn’t pay a margin, it would cause liquidation deliberately... At the same time, the price on Jinshi Data was 120.78. It is simply a malicious slippage.
WikiFX Data providePlus500 EPlus500 Ends Q2 with a 68 percent Revenue Increase and Plans to Launch a US Trading Platform
WikiFX
Plus500 has announced the appointment of Jefferies International Limited ('Jefferies') as the firm's Joint Corporate Broker, effective immediately. Jefferies will collaborate with Plus500's existing corporate broker, Liberum Capital Limited.
WikiFXIt has been already running a $55 million share repurchase program. Both the programs will end on December 31, 2022.
WikiFXThe broker’s financials improved when compared with the first quarter of 2021. It added 33,740 new customers last quarter.
WikiFXThe company will repurchase $12.5 million worth of its ordinary shares by the end of February 2022.
WikiFXThe broker repurchased $25 million worth of its shares in the past two quarters.
WikiFX
