Plus500 Review 2026
Full Plus500 review for Latvia traders — regulation, spreads, fees and our honest verdict.
Regulation in Latvia
| Regulator | CySEC CySEC — Cyprus Securities and Exchange Commission (CySEC) |
| Licence Number | 250/14 |
| Regulated Entity | Plus500CY Ltd |
| Max Leverage (Forex) | 1:30 |
| Max Leverage (Crypto) | 1:2 |
| 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 CySEC (licence 250/14). Minimum deposit $100. In Latvia: maximum forex leverage 1:30.
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 Plus500CY Ltd under CySEC.
In Latvia, Plus500 operates as Plus500CY Ltd, authorised by CySEC under licence number 250/14. Latvia traders are subject to a maximum leverage of 1:30 on forex pairs under CySEC rules.
Trading Platforms
Pros
- CySEC regulated — licence 250/14
- 2,000+ instruments to trade
- Negative balance protection in Latvia
- 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 CySEC licence 250/14, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official CySEC public register.
What is the minimum deposit for Plus500 in Latvia?
The minimum deposit is $100. This is the amount required to open a live trading account for traders in Latvia under CySEC regulation.
What leverage does Plus500 offer in Latvia?
In Latvia, Plus500 offers maximum forex leverage of 1:30 under CySEC rules. Higher leverage may be available through offshore-regulated entities.
Is Plus500 safe to trade with?
Plus500 is regulated by CySEC, 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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