Portrait of Plus500: Who is the trader?
Plus500 are expert financial traders that have been operating for well over a decade. The reputation of the company has a global reach and they have been compliant with regulatory bodies such as the FMA, ASIC, FMA and the FSP.
These trading giants have provided their investors with huge profit margins by executing trades on +2000 trading instruments. The Plus500 secure platform provides live trading charts, educational resources and unparalleled customer service. Catering for beginners and seasoned traders alike, Plus500 earn the trust of their clients through providing 24/7 support as well as a free and unlimited Demo account.
We Tested Plus500
We called upon our years of extensive experience to test this trading platform for you. We pawed through the terms and conditions as well as regulatory compliance and was very satisfied with both. Most importantly are the features and functionality of the software, which we felt were outstanding for a trading platform.
- Simple Navigation: The Plus500 platform is designed to be easy to use for both beginners and seasoned investors alike.
- Account Types: They offer a demo account to familiarise yourself with the mechanics of trading, a standard account to begin your investment journey, and a professional account that offers more features and greater support.
- Minimal Deposit: Unlike many other CFD traders, Plus500 allow you to begin trading with a deposit as low as £100.
- Low Commissions: Plus500 only takes a small margin on the exchanges they execute for their customers, so it is in their interest to ensure you are profitable.
Why Plus500 is the Popular Choice for Investors
The numbers of investors who gravitate toward Plus500 grows every year, and this is due to some particularly unique features that you will not find anywhere else.
Low Minimum Deposit
The minimum deposit to fully activate your account at Plus500 is extremely low. This is because the company cares about your money, and doesn’t want you investing too much too soon. There are a lot of investment trading companies out there who require a deposit of $500 to $800, and state this as a low amount, but Plus500 know that you don’t need an initial deposit as high as this to feel the satisfaction of turning a profit.
Live Trading and News Feeds
The live trading feeds are split-second accurate, and for those who really like to up their chances of success, Plus500 provides an events calendar were expert researchers provide detailed leads on upcoming news that will undoubtedly affect the market. Used wisely, investors can place trades according to this data and collect huge gains.
Plus500 offers a comprehensive dashboard to give their users complete control over their trades. You can use the stop-loss and take-profit settings to manage your risk to no greater than 2% for 1:1 CFD trades. There are many other companies that do not disclose a fraction of the data that is available at Plus500.
Wide Range of Available Trading
Plus500 will offer their clients a massive range of trading instruments. These include Forex, cryptocurrency pairs and commodities, such as oil and gold. With so many trades available, you are guaranteed to find profitable opportunities.
For every client, Plus500 offers an array of educational resources. These are intended to better inform you before you begin your investment journey and increase your chances of success. With instructions on how to engage in proven trading strategies, Plus500 are world-renowned for the experience and expertise they share with their customers.
Plus500 offers live chat and customer support via email in many different languages. Keeping up with modern trends, they are also available on the popular social media application, WhatsApp. Customer service is available through this app 24 hours a day, 7 days a week. Agents are very friendly, professional and always willing to help answer any queries you may have.
Plus500 Exchange Platform
While Plus500 is extremely popular throughout Asia and Europe, this CFD trader is different from the rest because it only offers an exchange to its account holders. Unlike other agents, Plus500 invested its profits back into the company in order to develop its own unique platform, which is highly recommended. This software is supported by almost any device that you can think of; with versions available for iPhone, iPad, Android App and WebTrader.
Deposits and Withdrawals
For both deposits and withdrawals, Plus500 allow all common modern payment systems including Debit/Credit card, PayPal, Skrill and Bank Transfers. Plus500 go even further by paying any and all conversion fees associated with your selected secure payment transfer method.
A Regulated Trader
Plus500 have operated in many countries throughout the globe and have always adhered to stringent regulations set by governing bodies. They are currently compliant with ASIC (Australian Securities and Investment Commission), who are among the top four authorities in the world to set regulatory standards and practices.
Plus500 Review Conclusion
In conclusion, we feel that exchanging with Plus500 gives an investor a great deal of advantages. They are among the very few CFD trading companies that appear to genuinely care about the success of their customers. They aim to educate their clients with disciplined practices and proven trading strategies.
The simplicity of the platform’s interface, the fixed and reduced margins, easy financing, minimum deposit of only £100 to activate an account, wide range of interchangeable or marketable instruments and the fact that the company is regulated by ASIC, provides a combination of benefits that are rarely offered in this industry.
We feel that Plus500 is one of the finest online trading platforms that offers everybody from all walks of life the opportunity to begin a journey into the world of profitable investment. We are confident to recommend Plus500 as a quality service that earns our highest rating.
76.4 % of the retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.