Founded in 2008 and headquartered in Israel, Plus500 has grown into one of the largest retail CFD brokers globally, with a strong presence in Europe, including Romania. The company is publicly traded on the London Stock Exchange (LSE: PLUS), adding a layer of corporate transparency. For Romanian traders, Plus500 offers a straightforward trading experience focused on CFDs on forex, indices, commodities, cryptocurrencies, and shares. Its platform is entirely proprietary, which means you won’t find MetaTrader or cTrader here, but the in-house interface is clean and easy to navigate. The broker is particularly popular among beginners in Romania due to its simple account opening, low minimum deposit of $100, and support for local payment methods like Bank Transfer, Skrill, and even USDT. However, its overall score of 3.1 reflects some drawbacks, including higher spreads compared to ECN brokers and a lack of advanced trading tools. Still, for Romanian traders prioritizing regulatory safety and ease of use, Plus500 remains a solid, if not top-tier, option.
| Detail | Information |
|---|---|
| Founded | 2008 |
| Headquarters | Israel |
| Regulated by | FCA,ASIC,CySEC,MAS,FSP,SFSA |
| Min Deposit | $100 |
| Max Leverage | 300 |
| Platforms | — |
| Islamic Account | Not available |
| Copy Trading | Not available |
| Demo Account | Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | No |
| Islamic (Swap-free) | No |
| Scalping Allowed | No |
| Hedging Allowed | No |
| Expert Advisors (EA) | No |
| Copy Trading | No |
Plus500 does not offer Islamic (swap-free) accounts. This means that for Romanian Muslim traders who require Sharia-compliant trading without overnight interest (swap) charges, Plus500 is not a suitable option. The broker applies standard swap rates on positions held open past 22:00 GMT, which are based on interbank rates plus a markup. If you are a Muslim trader in Romania, you will need to consider alternative brokers that explicitly offer genuine swap-free accounts, such as XM or Forex.com, which provide this feature without hidden fees. Plus500’s policy is clear: no swap-free accounts are available for any client, regardless of region or religion.
| Feature | Details |
|---|---|
| Islamic Account Available | No |
| Swap Fees | May apply |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Plus500 (current) | $100 | Check broker | No | No | 3.1 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
Plus500 is a legitimate and safe broker for Romanian traders, particularly those who are new to CFD trading and value regulatory protection. Its strong oversight by the FCA and CySEC, combined with a low minimum deposit and support for local payment methods like Bank Transfer and Skrill, make it an accessible choice. However, the broker’s higher spreads, lack of MetaTrader platforms, and absence of Islamic accounts are significant drawbacks for more cost-conscious or experienced traders in Romania. If you are a beginner looking for a simple, regulated platform to trade forex, gold, or indices, Plus500 is a reasonable option. But if you need lower costs, advanced trading tools, or swap-free accounts, you should explore other brokers like IC Markets or XM. Overall, Plus500 gets a 3.1 rating — adequate but not outstanding for the Romanian market.