Plus500 vs Standard Bank Online Trading: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributePlus500Standard Bank Online Trading
Licence Score92Very strong48Moderate
Strongest licence 1 Tier 1 2 Tier 2
Licences on record101
1 FCA United Kingdom Licensed · FRN 509909—
1 ASIC Australia Licensed—
1 CFTC / NFA United States Licensed—
1 MAS Singapore Licensed—
2 CySEC Cyprus Licensed—
2 FSCA South Africa LicensedLicensed
2 DFSA United Arab Emirates Licensed—
2 FMA (NZ) New Zealand Licensed—
2 EFSA Estonia Licensed—
4 FSA (Seychelles) Seychelles Licensed—
Founded20081862
HeadquartersIsraelSouth Africa
TypeForex & CFD brokerTrading bank
Publicly listedLSE:PLUSNo
PlatformsProprietaryProprietary
Minimum depositUS$100—
VisitVisit siteVisit site

Frequently asked questions

Is Plus500 or Standard Bank Online Trading better regulated?

Plus500 has the higher Licence Score (92 vs 48), based on the number and tier of licences, operating history and public listing.

Which regulators license both Plus500 and Standard Bank Online Trading?

Both are matched to licences from FSCA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.