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Plus500 regulation

Across a hundred brokers, the licence is what separates the field fastest. Here is Plus500's regulatory record in full.

Facts last checked . Read the full Plus500 review.

Regulation and safety

Regulated by
FCA (509909); ASIC (AFSL 417727); CySEC (250/14); FMA (486026); FSCA (47546); MAS (CMS100648); Seychelles FSA (SD039); DFSA (F005651); EFSA (4.1-1/18); SCB Bahamas (SIA-F250); CIRO; ISA; JFSA; SCA; CFTC/NFA
Regulator tier
Tier 1
Register entry
FCA Financial Services Register, FRN 509909
Client money segregated
Yes
Held at
Segregated client bank accounts with regulated banking institutions
Negative balance protection
Yes
Compensation scheme
FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible Cyprus clients
Audited by
Kesselman & Kesselman, member firm of PricewaterhouseCoopers International
Not available to
United States for CFDs, Belgium, and other jurisdictions where CFD services are prohibited or Plus500 is not authorised

Check the licence yourself: the FCA Register, ASIC Connect, the CySEC register of investment firms, the New Zealand Financial Service Providers Register, the FSCA search of financial services providers, the MAS Financial Institutions Directory, the Seychelles FSA list of regulated entities, the DFSA public register, NFA BASIC.

What this means

Across a hundred brokers, the licence is what separates the field fastest.

Plus500 holds tier-one authorisations from ASIC, FCA, CySEC, MAS, FMA, CFTC/NFA and CIRO. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

It also operates an offshore entity (SCB and FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.

ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.

The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

Client money is held separately from the firm's own money, at Segregated client bank accounts with regulated banking institutions. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible Cyprus clients, which pays eligible clients up to its limit if the firm fails owing client money.

Questions about Plus500 regulation

Who regulates Plus500?

Plus500 is regulated by FCA (509909); ASIC (AFSL 417727); CySEC (250/14); FMA (486026); FSCA (47546); MAS (CMS100648); Seychelles FSA (SD039); DFSA (F005651); EFSA (4.1-1/18); SCB Bahamas (SIA-F250); CIRO; ISA; JFSA; SCA; CFTC/NFA.

Is client money segregated at Plus500?

Yes. Plus500 holds client money separately from its own funds, at Segregated client bank accounts with regulated banking institutions.

Does Plus500 offer negative balance protection?

Yes. Plus500 offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.

Regulation at brokers under the same regulator

More about Plus500