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Plus500

Plus500 Ltd · Israel / United Kingdom

Not SPK AuthorizedFCA · United Kingdom· 509909CySEC · Cyprus· 250/14ASIC · Australia· 417727
Reviewed by: FXŞikayetvar Editör EkibiUpdated: Methodology

Is Plus500 reliable? Plus500 holds licenses from FCA, CySEC, ASIC but is not authorized by the SPK in Türkiye, so local investor protection does not apply for Turkish clients.

Verdict

Not SPK Authorized

Plus500 is regulated abroad but is not SPK-authorized in Türkiye; local investor protection is limited.

3.9/ 57.7 / 10 FX Trust Score

Risk warning. Leveraged forex trading carries high risk and in Türkiye may only be offered by SPK-authorised intermediaries; leverage is capped at 1:10 (half of that may apply if the initial margin at account opening is below TRY 50,000). This content is not investment advice; user statements belong to their authors.

Pros

  • Tier-1 regulator (FCA)
  • Verifiable license number
  • Established (18+ years)

Cons

  • Not SPK-authorized in Türkiye
  • Reported user risk signals

Frequently Asked Questions

Is Plus500 safe?

Our FX Trust Score for Plus500 is 7.7 out of 10. The firm is not authorised by SPK, so legal protection for investors resident in Türkiye is limited. Leading risk flag: spk tarafından yetkilendirilmemiştir. The score is a weighted summary of public data, not a guarantee.

What country is Plus500 from?

Plus500 (Plus500 Ltd) states its headquarters as İsrail / Birleşik Krallık, operating since 2008. Registered regulators: FCA (509909), CySEC (250/14), ASIC (417727).

Which company owns Plus500?

Plus500 states that the brand is operated by Plus500 Ltd. Shareholding structure and ultimate beneficial owners could not be verified from public sources and are therefore not listed here; check the entity in the relevant regulator’s official register.

Is Plus500 approved by SPK?

No. Plus500 is not authorised by SPK. It declares FCA, ASIC licences, but those do not confer the right to operate in Türkiye. Only SPK-authorised firms may offer forex in Türkiye.

It is regulated globally; however there is no SPK protection in Türkiye, and leveraged trading carries high risk.

User reports include observations about withdrawal times; details are in the complaints section.

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