Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
Australian representative proceeding
The proceeding alleged misleading and unconscionable conduct in the sale of high-risk investments that resulted in customer losses over the period from late 2017 to early 2021.
2021
Israeli class action over options trading restrictions
A court-approved class action alleged that Plus500 Israel restricted put-option trading for a period after the Brexit referendum while allowing selected call-option activity, allegedly limiting customer opportunities during volatile markets.
2019
Questions over historical client-trading disclosures
Press reporting questioned discrepancies between earlier annual-report descriptions and later disclosures concerning profit and loss arising from client trading activity.
2017
Belgian CFD compliance fine
Belgium's FSMA fined Plus500 over alleged failures involving a prospectus and advertising submissions for CFD products. The company denied wrongdoing but complied with the required website closure and customer-notification measures.
2015
UK account restrictions during anti-money-laundering review
The FCA ordered restrictions affecting UK accounts while it reviewed customer-verification and anti-money-laundering controls. The episode severely affected customers and the company's market value.
2012
Inaccurate transaction reporting
The FCA fined Plus500UK after identifying inaccurate reporting across a substantial number of transactions and deficiencies in compliance systems, procedures, and training.