After reviewing Pluto500, we assess it as a high-risk, likely fraudulent broker. Below we break down exactly why, and what your options are if you have already deposited.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is Pluto500?
On the surface, Pluto500 looks like an ordinary forex and crypto broker. Its public site is presented at https://pluto500.com/. But surface impressions are exactly what these operations rely on — the substance behind Pluto500 is where the problems begin.
Is Pluto500 regulated?
We could find no evidence that Pluto500 holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.
Red flags we identified
- Unrealistic profit claims and pressure to deposit more
- Opaque or anonymous corporate ownership
- Account dashboards that show “gains” with no real market exposure
- Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
- No credible physical address or verifiable corporate record
Our analysis
Pluto500 claims to be a trustworthy platform while presenting neither details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and accreditation, and licenses in a prominent position. It is a red flag here. Besides, Pluto500 shows its company address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results for this broker in FCA. The truth is, Pluto500 is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Can you recover money lost to Pluto500?
If you have deposited with Pluto500, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.
Were you scammed by Pluto500?
You may still have options. Our team can trace where your funds went and tell you honestly whether recovery is realistic — with a free, confidential case review.
Start a free recovery review →Warning: never pay an upfront fee to anyone “guaranteeing” recovery. Cleverecovery does not guarantee outcomes.