Plus500 is a large LSE-listed (FTSE 250) CFD provider holding an FSCA licence (FSP 47546) and offering ZAR-denominated accounts.
Plus500 holds an FSCA FSP but is reported as still awaiting its ODP licence — South African clients are served via its ASIC-regulated entity (Plus500AU), so CFDs are issued offshore.
FSCA regulation & ODP status
- FSCA FSP: 47546 (entity: Plus500AU Pty Ltd) — pending live-register confirm.
- Own ODP licence: No own ODP — see caveat above.
Other authorisations: ASIC (Australia), FCA (United Kingdom).
ZAR support & funding
ZAR accounts. Funding methods, fees and processing times vary by entity and currency — check the broker's funding page, and read our guide on funding a forex account in ZAR (FICA/KYC).
Platforms
Plus500 Platform.
Fees & minimum deposit
Minimum deposits and spreads vary by account type and change often — check the current figures on the broker's site. We do not publish a figure until a hands-on review.
How to verify before you deposit
- Note the exact legal entity name on the broker's site that serves South Africa.
- Search that entity (and FSP number) on the official FSCA register.
- Confirm the authorisation is current and, if you need onshore CFDs, that the entity holds an ODP licence.