Is Plus500 a Scam? Regulation Check 2026
We checked Plus500's licence in the official FSA register. Here is what the public records say.
Verdict
Plus500 is NOT a scam. It holds FSA licence SD039, authorising it to offer trading services in India.
How to verify on the official register
| Regulator | FSA FSA Seychelles Financial Services Authority (FSA) |
| Licence Number | SD039 |
| Regulated Entity | Plus500SEY Ltd |
| Founded | 2008 |
| Listed | LSE:PLUS — publicly audited |
What FSA regulation means
FSA-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with FSA directly.
What FSA 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 FSA if Plus500 fails to resolve your issue
- Plus500 submits to regular independent financial audits under FSA oversight
Frequently Asked Questions
Is Plus500 a scam or legitimate?
Plus500 is NOT a scam. It holds FSA licence number SD039. FSA is one of the world's most respected financial regulators. The licence is publicly verifiable in the FSA official register.
How do I check Plus500's FSA licence?
Go to the official FSA website and use the public register search. Search for licence number SD039 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 FSA-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 India?
In India, Plus500 operates under FSA 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 FSA.
Reader Comments
Loading comments...