Category: Plus500

Plus500 Review: See The Real Truth About Plus500

Plus500 ReviewAs the name suggests we provide the review of Plus500 CFD provider in terms of usability, reliability, features, customer support, money protection & so on. Discover in-depth Plus500 review to help you understand more on Plus 500.

Plus500 Ltd is one of the leading CFD providers which is authorized and regulated by several leading financial regulators around the globe. The web-based platform serves over a million customers making it one of the biggest and fastest-growing CFD provider firms in Europe, Asia, and Australia. Plus500 CFD platform enables customers to trade CFD in more than 50 countries and 32 languages. Plus500 group is founded in the year 2008. Plus500 Ltd is listed on the Main Market of the London Stock Exchange & issues its share to the public.

Plus500 Features

  • One of the top CFD trading platform.
  • Trade over 2000 financial instruments are traded via CFD without any trading commission.
  • Free Plus500 demo account for unlimited time
  • Plus500 UK LTD is authorized and regulated by the Financial Conduct Authority(FRN 509909).
    Plus500 CY LTD is authorized and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14).
  • Low initial deposit requirement as low as 100Є to fund Plus500 account
  • A risk management tool to manage your risk at the time of trading.
  • Traders can take advantage of their FAQ section and Trader’s guide only for basic information about trading and the platoform’s functionality. 
  • Live streaming quotes in real-time
  • Advanced Technical Analysis Trading Tool
  • Plus500 provides CFD online trading service in 50 markets, 32 languages & also in local currencies.

    Please note “72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money”

Plus 500 Trading Platform

plus500 Trading Platform

(Disclaimer: Price shown in the picture is for illustration purpose only. Actual price may differ from the current market price.)

Forex investors will be happy to know that Plus500 has an in-house trading platform perfect for investors looking for CFD trading.

What separates Plus500 from the rest of the leading CFD platform around the globe is the company’s policy to offer a single trading platform to all their clients worldwide.

As an in-house developed platform, the agency distributes it in the following versions:

  • An online-based trading platform named as Plus500 WebTrader.
  • A trading platform accessible through tablets and smartphones

The firm employs one of the best software engineers in the world that work around the clock ensuring that the platforms integrate and work seamlessly in all three versions. Users switch from one version to the next to ease.

The company’s policy to focus on ‘No Frills Trading’ has attracted many traders as traders prefer using a platform providing the precise information required in an on-screen trade. Furthermore; this is a user-friendly trading platform for CFD Trading on Forex, Stocks, Commodities, Indices, ETF’s.

Types of Plus500 Accounts

The platform offers clients two types of accounts, demo account and live accounts. Users open the demo account for free and have no time limit.

To activate the live account, users need a minimum operating amount of 100Є. Let us dig deeper into the two accounts and see how they operate.

In this Plus500 review, We have chosen to divulge how the different accounts work on the Plus500 platform.

Plus500 Demo Account

Plus 500 also offer a demo account for their traders which is highly essential for CFD traders to learn about trading CFDs with Plus500.

Plus500 Demo Account Review

  • Users can practice with demo account having no limit
  • Users experience real market conditions.
  • Transactions on the Plus500 demo account are the same as live accounts
  • Users are guaranteed of a zero-risk trading platform
  • Around the clock support team backup

Find more on Plus500 demo account here.

Plus500 Review Live Account

plus500 windows app download

Disclaimer: Prices shown above are for illustrative purposes only and may differ from the actual price.

The trading agency offers users a straightforward live account. They have additional KYC procedures in place, clients need to go through before trading with real money.

Plus 500 App

Plus500 iPhone App loginWith the Plus500 trading platform, clients have the chance to open buy and sell positions in different markets through on-screen (computer, tablet and mobile platforms).

Many users flock to use the Plus500 trading platform for their various options on a singular platform. A trader with a Plus500 account can trade CFDs on underlying financial instruments
such as Forex, Stocks, Commodities, Options, and Indices.

Users on the online platform only need to have an internet link to access and trade via any computer.

The mobile trading platform allows users to access their accounts from any smartphone (mobile) device. You can download plus500 windows app, Plus500 iPhone App & Plus500 Android App from the respective App stores.

Plus 500 Advantage

plus500 reviews

(Disclaimer: Price shown in the picture is for illustration purpose only. Actual price may differ from the current market price.)

Plus500 trading platform offers two main advantage to its clients which are as follows:

  • Leveraged trading: Among all the providers offering leverage, Plus500 offers up to 1:30 for Forex trading. Leverage is the amount customers use to increase the trade value.
  • Zero Commissions: One advantage of Plus500 is that the company offers to trade with zero commissions! Some of Plus500s biggest competitors charge different commissions for trading on different share categories, depending on the country/market. All the while, Plus500 allows the traders on the Plus500 platform to trade with 0 commissions! For example, some of Plus500s biggest competitors charge a minimum commissions charge for every position opened (for example, a minimum of 9.00 commissions charge for GBP).

  • Attractive spreads: Another grand advantage of Plus500 over its’ competitors is that they offer attractive spreads. Please review the following chart which compares the spreads of several different tools that Plus500 offers compared to two of their biggest competitors (please note that Plus500 offers dynamic spreads and that the numbers shown are updated to date March 21st at 10 AM):

When trading CFDs with Plus500, a trader can take into consideration the following.

  • Practice with Plus500 demo account prior to trading with real money.
  • Use the Plus500 Risk management tool for good management of your capital.
  • Gain knowledge of the financial market including technical & fundamental analysis.
  • Get acquainted with chart reading & market movement.

Please note “72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money”

Safety and Regulators

Plus500UK Ltd authorised & regulated by the FCA (#509909).
Plus500CY Ltd authorized & regulated by CySEC (#250/14).
Plus500SG Pte Ltd, licensed by the MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018). 
Plus500AU Pty Ltd (ACN 153301681), licensed by:
ASIC in Australia, AFSL #417727, FMA in New Zealand, FSP #486026; Authorised Financial Services Provider in South Africa, FSP #47546. You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.

Plus500 Withdrawal & Deposit

plus500 withdrawal

(Disclaimer: Price shown in the picture is for illustration purpose only. Actual price may differ from the current market price.)

As we write this Plus 500 review, users should know that the Plus500 platform remains very clear and uncomplicated. The trading account can be funded through the following ways:

Wire Transfer: Users using this method will have to wait three days for the deposit to be processed. To activate this deposit, users only need to click on the Funds Management icon and select the “Send Me Wire Details”.

Afterward, an email carrying the wire transfer details is sent to the user from Plus500 with all the banking details.

Debit and Credit Cards: Visa and MasterCard platforms are some of the easiest ways to start trading. Users using these platforms can execute the payment and trading through the Plus500 cashier screen.

On the screen, clients are asked to submit the necessary card information needed to begin trading instantaneously.

Moneybookers: Another straight forward payments process. Users select the Funds Management Icon, checks the Moneybookers option and proceeds to supply the necessary information.

PayPal: The newest paying platform on the Plus500 trading process. The process is both sound and easy to execute. Users’ need only to access the primary trading lobby screen, select the Funds Management icon and select the PayPal option and finally enter the amount.

Users will proceed to insert their individual PayPal details and confirm the transaction in the new window.

Customer Support

Plus500 does have a good customer support team which is available 24/7 through email correspondence and live chat feature.

We hope these Plus500 reviews have given you the necessary information you need to create a Plus500 demo or live account.

Please note “72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money”

 

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