Plus500 – CFD Service Broker Reviews and Full Information

What exactly is Plus500?

Plus500 was established by the company in Israel and is now operating a variety of organizations around the globe through Cyprus, UK, Australia, Singapore and many more. In actuality, Plus500 is a leading CFD company that has established an excellent foundation for its trading environments that are professional and continued growth.

Plus500 is also a regulated CFD broker for financial transactions. The actual size of the business is evident by its official numbers, as we discovered in Plus500 Review. It has more than 304 thousand clients who are active. For the entire year over 39million positions were opened, and a for more than 1849billion dollars was traded.

The Plus500 pros and cons

Plus500 is a well-known brand with a large number of traders across the globe It is a trusted broker that are regulated by FCA, CySEC and other regulations that are also listed on the Stock Exchange for extra transparency. Plus500 is among the most reliable brokerages for CFD trading that has an easy-to navigate trading platform as well as mobile apps.

However there isn't any proper training or research tool that is effective The proposal could not be appropriate for novices and the products offered are only dependent on CFDs.

10 Points Summary

What exactly is Plus500 trading function?

Plus500 permits professional and retail accounts for trading CFDs across a variety of assets that cover more than 50 countries and high-end support for 16 languages, 24 hours a day and a truly global coverage of the operation. In the end, Plus500 providing financial investment possibility by giving traders around the world the ability to access financial markets via its patented trading technology that is built on CFDs.

Additionally, the the company is an officially CFD provider that provides an additional degree of security and benefits to its clients.

Furthermore, Plus500 shows an understanding of the value of innovation and so it continuously improves its trading services, thereby rewarding customers with fair trading conditions. Alongside, it has developed different trading programs and extensions to improve capabilities, these were awarded-winning applications that can be used by large communities affiliates, traders and affiliates.

Awards

Apart from its broad range of activities, Plus500 is also a acknowledged globally CFD platform that is used by a variety of different organizations and shows. Plus500 also creates strategic points by implementing numerous initiatives. Always increasing its trading volumes and expanding into new markets, continues leadership through creation and support of different social events including sponsorships.

• Major Sponsor of Club Atletico de Madrid, 2016-2018 Champions League finalists and 2013-2014 "La Liga" champions
• Plus500 Group signed a significant sponsorship agreement with"Plus500 Brumbies," the "Plus500 Brumbies" 2017 Super Rugby Australian Conference Champions

Is Plus500 secure or is it a scam?

Plus500 is considered as safe and not a scamdue due to its legal status to provide Contracts for CFD trading with Difference and other related products by implementing the most stringent guidelines. This means that the that the trading experience and performance provided by Plus500 is completely legitimate and is based on the safety guidelines set by internationally well-known and respected regulatory bodies.

In the end, registration within the internationally renowned jurisdiction will provide the possibility of a state corporation that has been continuously monitored and is regulated by high standards. This and in turn, ensures its longevity.

The reason we constantly insist on regulation is that the market is filled with "alluring" broker-dealers who operate solely through offshore unregulated entitiesthat cannot provide you with a secure environment for trading because of the absence of control.

Are Plus500 legal and licensed?

Plus500 is a trademarkthat is operating as a regulated CFD platform by Plus500 Ltd that is authorised by financial regulators. This includes United Kingdom authority, Cyprus Securities and Exchange Commission, Australian Securities Investment Commission ASIC CySEC FCA The FSBand the MAS trademark in Singapore Monetary Authority of Singapore.

Additionally, Plus500 Ltd is listed on the Main Market of the London Stock Exchange with an excellent financial history, which adds an additional degree of confidence towards Plus500 Ltd. Check out specific licenses for regulatory approvals and Plus500 entities ' names below.

How can you be protected?

Although each state and jurisdiction has its own rules to Plus500 operations, its primary concern is always investors and traders all throughout. In accordance to the CySEC, FCA, Australian Securities and Investment Commission, and other regulations that are respected, CFD provider strongly conforms to numerous client-protection tools.

Regulators are required to provide the greatest protection to funds in accordance with various rules in addition to applying safety measures in different circumstances to ensure the security of day traders. The funds of clients are always transferred in a separate trust account and the CFD provider makes use of its own funds to hedge or other business-related purposes.

Additionally, all customers account are secured by Negative balance protection. This means that customers aren't able to lose more the amount they have in their account. Further details can be found on the official regulators' website.

Leverage

For the Plus500 risks , they primarily considered the kind of strategy you use along with the leverage you choose to use, the capital you invest is risky, retail investor accounts are prone to losing money.

But, in the context of the regulatory restrictions and imposition of authorized operation, the citizens of various nations are covered by specific rules of jurisdiction.

Before you start, you should confirm the amount you're can use, as traders might encounter some distinctions in the levels of leverage offered due to the regulations. In addition, depending on your experience level professionals can use high leverage options, their status is established.

• European CySEC, ASIC and FCA traders who are regulated will be able to enjoy the maximum leverage of 1:31
• MAS traders can be multiplications of Plus500 leverage to 1:50.
• South African traders will be given the option of using 1:20 for shares, 1:300 for Forex and Indices and 11:30 in Crypto assets.

What is the required margin?

Every instrument is unique and has the margin that can be traded, and it is different based on the leverage applicable. The information you need to check directly on the platform for the instrument you plan to trade.

Types of Accounts

Plus500 provides a basic trading account for all customers which means you are able to start account activation with a minimum deposit in order to change your Demo account into an actual one, as you can select the no-cost unlimited Demo account that can be simple to set up and later could be converted to actual trading.

Who could sign up for an account at Plus500 account?

Due to the presence of international branches every major jurisdiction, Plus500 accepts clients from all over the globe. However, some regions are subject to restrictions that include US, Canada, Indonesia, Cuba and Iran. It is important to know whether you fall within these regulations or not.

Can an account with Plus500 account open through South African residents?

If you're a South African resident you may trade under Plus500AU Pty Ltd which is an approved South Africa Financial provider.

If you're able to utilize Plus500 trading services There is an option of Islamic Accounts a specific feature that is available to traders who require specific conditions because of the application by Sharia rules. Thus, Islamic traders are welcomed and also.

What are the different types of accounts?

To keep things simple, Plus500 offers a regular trading account for all customers and you can start account activation with a minimum amount of money to change your Demo account into an actual account.

When you've completed the transaction, regardless of size or the level of experience each client is able to use the same account feature. Additionally traders can enjoy additional benefits and discounts so when the size of their trade is increased.

How do you create an account?

The step-by-step process of opening your account requires you following the Plus500 sign-in link , where you'll be guided through a simple procedure of opening the account step-by-step. A demo account is open in less than 5 minutes. to begin Live trading, you will need to present the required proofs and documentation.

In accordance with the specific area of jurisdiction of Plus500 the account holder will be required to submit the required documents to verify your identity, or provide additional details. After that, you will then be able transfer funds to your account live and begin trading immediately.

Step by step

1. Follow Plus500 Create or sign in to an account link

2. Enter your personal data (Name, email, phone number, etc.)

3. Verify your identity and account by uploading confirmation documents Residential proof of identity like a utility invoice, duplicate of your ID, bank statement , etc.

4. Take the online quiz to verify your trading experience

5. After the account has been verified and activated, this could take between 2 and 3 business days, deposit the money deposit and start trading.

Fees for Trading

Plus500 uses a transparent fee structure without any fees that are included in the cost of competing. However, aside from this, you need to know about other fees, such as the inactivity fee and non-trading fees which we'll discuss more in depth.

Be aware that fees are constantly altering as Plus500 offers dynamic and fixed spreads. They are always changed to reflect market's needs, so this page provides rates and spreads for information only, and are current when we wrote publishing.

A summary of the fees for non-trading

These charges should be taken into account in conjunction with the Plus500 non-trading fees are considered to be quite advantageous. There are no fees for withdrawals however the minimum amount for withdrawal is $100, read the next paragraph of our review, or any other charges, so the sole scenario is Plus500's Inactivity fee..

This means that if your account is inactive and there are no transactions over a period of 3 months, a cost of up to $10 will be due. This is done to ensure accessibility to services and to be it is only applicable to real accounts that can be prevented by the minimum activities even.

A quick look at Plus500

However, of course you must not make a decision about the broker you choose by comparing a spread fee or choose those that have the lowest costs. It is essential to look at every aspect of the trading offer in addition to other charges, trading conditions regulations, and so on.

If we take a quick take a look at Plus500 offerings, the first thing we'd like to mention is that they have different spreads and an array of instruments. But, they are offer only on a CFD basis, and the platform you can choose to use is a exclusive to the Plus500 software.

Conditions for fee upon the opening of trade

Spreads

Plus500 fees are included in the spread basis, which is most CFD fees offered by brokers are also without any additional charges and commissions. Spread-based Forex fees are only , with no commissions, because this type of fee makes it easy to calculate and is the best option for a lot of traders, regardless of the strategies. Below, we will show Plus500 spreadbreakdown below, and Forex fees are considered to be an typical.

An overview of the trade fees

In reality, Plus500 ranked fees through Plus500 Review as its spread was one of the the tightest spreads and also among the most average or competitive spreads within the market.

It can be difficult to determine if the fees are worthwhile or not. This is the reason we will examine further , since it is essential to assess the brokers' fees and Plus500.

Our report on CFD charges

Spread is the difference between the asking price and bid prices generated by Plus500 which is the cost of trading. In the end, the Plus500 CFD fees and CFDs on Stocks are enjoyable. Check out the comparison below.

Overnight cost

The Plus500 overnight fee also known as overnight financing is available to positions that are said as a long position, that is held for over a period of time, and for more than one day. The fee is taken out of accounts on a basis of a percentage and is defined by the instrument in particular.

Plus, Plus500 Guaranteed Stop Order is a particular feature that will guarantee your desired rate, however, it is subject to an a bit larger spread. This is an excellent tool in high-risk conditions that is available, but worthwhile to consider in order to control your risk better.

To pay for the currency conversion fee, thebroker is charged this fee for any trades made that are based on an alternative currency to the account's currency.

For instance, you can take a look at and evaluate charges with another well-known brokerage on social media, EToro.

Deposits and withdrawals

Plus500 subsidiaries are authorised and regulated by the countries where they operate so that, with its strict compliance with the rules governing client money and the highest level of protection it is possible to transfer funds to or out of a trading accounts with ease.

Below, we will compare Plus500 with other CFD brokers that provide professional and retail investors accounts. account that offer similar propositions along with financial instrument.

Plus500 deposit options in comparison to other brokers

Why is it necessary to evaluate the base currency of Plus500 with other brokers that are similar?

Simply because it means that you can avoid the cost of conversion and transfer funds faster using the currency you have in your account in. Check out the comparison with different CFD brokerages and account-based on currencies.

Options and fees for deposits

As of now, Plus500 maintains a great policy of customer-centricity, which allows for a smooth transaction with depositing without charge and no charges are passed on to the client. However, if you make deposits in a different currency than the one that your account is based in, Plus500 might charge commissions to you to convert the funds.

The site has a broad selection of currencies for baseas well, which means that when you set up your account to a specific currency, there's no fee for conversion to your bank account if you complete the transaction with a specific rate.

Plus500 provides a variety of options for transfer of funds to trading accounts, including

1. Credit credit card (only Visa or MasterCard debit/credit card will be accepted)
2. E-wallets include PayPal or Skrill
3. Bank transfer via the direct transfer of funds from the bank to the bank

How much is the minimal amount of deposit for Plus500?

The minimum deposit for Plus500 is 100$ , but is dependent on the state where the trading account is established. It is important to remember that each method has the required minimum deposit as well.

Minimum deposit of Plus500 in comparison to other brokers

Plus500 withdrawal

The Plus500 fee for withdrawal is zero however, you must make a request to withdraw more than a minimum of $100 as well as up to 5 month intervals. The withdrawal methods that you can use include Bank Wire Transfer, Credit Cards and electronic wallets all have the minimum thresholds. They are displayed in the withdrawal screen of the trading platform. It varies in each jurisdiction.

How long will the process of withdrawing money from your account?

If you follow all the instructions and send your withdrawal request through Bank Transfer, or any other methods are are typically processed and verified through Plus500's Plus500 the accounting department within 3 to 5 working days.

However, it is recommended to provide a certain amount of time for your provider to complete the transaction. This is dependent on the location and provider rules.

How do I withdraw funds from Plus500?

In order to withdraw funds from your trading account, follow the steps below.

1. Log into your account, then click on Withdraw Funds from the top of the menu
2. Input the amount you have withdrawn.
3. Select the withdrawal method
4. Complete the withdrawal form along with any necessary details
5. Confirm withdrawal and submit

Market Instruments

For the selection of products it is fast-growing. an most reputable CFD provider. As fast-growing provides a fantastic collection of more than 2800 instruments availableso you are sure to find the perfect range to choose from. The CFD provider lets you speculate and trade on changes in price, using innovative technology for trading.

The proposition itself provides shares, indices currencies, ETFs, currency pairs and options on a CFD instruments. Plus, Plus500 also offering the extremely advanced technology in cryptocurrency trading as well as adding more instruments to its portfolio.

CFDs and Forex through CFDs trading can be a huge advantage for traders because that you're not purchasing or selling the actual instrument, but speculating on its direction. Additionally, CFDs are traded as leveraged commodities and offer the chance to gain access to more options if you're an experienced trader, which increases your chances and your losses when you use leverage. So, it is important to make use of them wisely.

What can I do to exchange Cryptocurrency with Plus500?

Since its launch, the CFD platform is constantly developing new services and products to accommodate their customers' needs in trading, they all remain built upon CFDs. That's why it is possible to trade Cryptocurrency through Plus500. Because the Crypto trading is now a market "boom", Plus500 included this option too.

The instruments are extremely broad and you can exchange Bitcoin, Ethereum / Bitcoin, Bitcoin Cash, Ethereum, Litecoin, NEO, Ripple, IOTA, Monero using CFDs. This is extremely convenient since it eliminates all the complexities of cryptoassets, you don't require a the crypro wallet or the asset itself it is possible to speculate on the price movements using a predetermined amount.

Another excellent feature of cryptocurrency can be found in the fact that this market operates all hours of the day, even on weekend days (Except an hour during Sundays) and the majority of markets are closed. This gives additional benefits.

Therefore, advanced Plus500 risk management tools can be very beneficialhere to monitor risk because crypts are highly volatile instruments. The cryptocurrency is exchanged as CFDs on cryptocurrency that means that you don't buy cryptocurrency, but you speculate on its price movements, which makes the process available to virtually every trader.

Trading Platforms Plus500

Plus500 offers an easy, user-friendly and user-friendly platforms interfaces for CFDs that are an Plus500 exclusive platform for tradingthat is also exclusively on the internet.

The differences is the difference between Plus500 WebTrader & Windows trader

There are several versions that are suitable for all devices that are managed by Plus500 WebTrader platform. It is a desktop-based platform using the web browser. This means that you do not need to install or download any specific software on a computer or laptop, all you need is Internet access. So the WebTrader and Windows trader is ultimately the same function that is available in your browser on Plus500.

• Plus500 is not a the desktop platform Windows

Login and Security

In order to start, you must sign in using the security settings of your account. You may also make use of your current Google account or Facebook account.

Web Platform for trading

Feel and look

The trading software is easy to learn and to use and everything is done via the web site. When you log in you'll get a simple and easy-to-read interface, with a the watchlist, and complete control of your account including Portfolio settings, searchand fee reports with stats.

The mobile and web platforms are simple to navigate and use with a clean and attractive design and fantastic diagramsalso featuring well-defined products search capabilities . Even seeing the platform for the first time are able to navigate it quickly. A easy to navigate and study the interfaces are sure to enhance your approach.

The placement of orders

In addition to the main functions apart from its main functions, Plus500 also has a number of other features. Plus500 trading platform lets you manage your account using tools for managing risk including Stop Limit and Stop Loss.

The Order Types

Additionally, there is also, a A Trailing Stop that will automatically limit the loss of a position while locking in profits, guaranteed stop and free notifications.

Mobile Trading Platform

Alongside WebTrader you can use the best mobile trading that is well-designed compatible with Android iPhone or iPad. It actually received some of the highest scores - the top mobile platform CFD trading mobile apps available on Apple's App Store as well as Google Play. Plus500's mobile trading platform is loaded with all the necessary tools and complete control over your account and trades, providing you with an excellent mobile access.

How can I Sell or Buy on Plus500?

To make an order, log in to your account, then click the desired order for sell or buy in order to set up the settings, and also defining the risk levels. You can also control your position by changing the figures or closing it by hand.

Search functions

One of the best aspects of the site is its search function. It allows simple navigation between instruments, items with an advanced search, or a basic one. You can easily find a categories by simply entering the name in the search box.

Alerts and Notifications

Despite its easy design, it is is powered by advanced technical indicators, charts , and live price alertswith alerts that you can get via email. Additionally, you can access an economic calendar as well as news feeds, which allow more detailed analysis of price changes.

How do you make money with Plus500?

In the beginning, you should be aware of all the risks associated with trading since it has a risk, and shouldn't be considered as an income source.
In addition, for possible success in trading, you must keep a strong strategy in place that works best for you and can increase your efficiency, which occurs through a thorough learning and refinement of the method.

Does Plus500 an effective product?

In reality, Plus500 gives you the chance to make a difference in tradingincluding an extensive selection of markets to trade , all by a reasonable price and all the options remain in your grasp.

Customer Service

Another benefit of Plus500 is the customer support service, which is available 24 hours a day with WhatsApp support live chat, email support, chat support. If you have any question or query you might have, you must reach out to the support staff as the service is excellent and professional.

Plus500 is able to assists traders in many ways and provide relevant solutions that are quick and reliable. guidance or support you need to need, which is a huge benefit and essential for you as a customer. Also , the large number of languages they accept and live chat available 24/7 makes them more valuable since this kind of customer support is not common in comparison to other brokers.

Education

For the educational resources which are essential for novice traders and accompanying your trading experience throughout the day it is not what you will discover in Plus500.

It offers a limited selection of educational resources and there is no trading courses in general, as well as live webcasts. There are some instructional videos referred to in the form of Plus500 Trade's Guide that is a simple guide to how to utilize a proprietary trading platform.

Its platform itself has great charting tools , along with an economic calendar, built-in news feeds and alert system that can be useful. However, there isn't any technical analysis or other resources that are geared towards research to help the daily trading.

Research

Research is also extremely useful for research and educational purposes, it allows you to become better at trading and be alert to the current market conditions. There isn't essential analysis or trading concepts as well as news are largely general and do not have social trading capabilities.

So, when you trade through Plus500 is a good idea to conduct your own research prior to making any trading decision which are better for traders with experience. If you're a new to trading, you may want to think about different brokers or an excellent educational program for you to be successful in your trading.

Conclusion

In general, Plus500 having operated over 10 years has earned the reputation of a reputable CFD broker that offers a wide range of instruments that are offered by OTC operating. To judge the quality of service We have observed a good capacity to meet a variety of trading needs and provide an easy trading environment and excellent apps that offer a wide spreads, and a good balance in trading and trading requirements. But, Plus500 is a trading platform that operates on a CFDs operating in a specific model as products typically leveraged by them could carry significant risk when dealing with real money.

Are Plus500 an ideal choice for novices?

One disadvantage of the firm has to do with the fact that there isn't any extensive educational support and analysts do not provide suggestions or basic data which are not appropriate for traders who are just beginning their careers. for retail investor accounts.

Plus500 platform is designed for traders with experience However, Plus500 is a user-friendly platform, but CFDs are a complex financial product therefore this platform is not appropriate for novice traders or those who are not experienced.

But this isn't negative as the primary features for the potential success of Plus500 are on a reasonable level. Additionally, be aware of whether you can be able to afford trading using real money, as trading is a risk that accounts may lose funds.

Additionally, you can view this Plus500 video review to get a more visual comprehension and obviously, we'll be happy to hear your thoughts on Plus500 that you can leave in the comments below.