Plus500 is one of the few Forex brokers and CFD services you should heard about. Even in Television you can see some of their commercials but advertisement is not the only reason why Plus500 became extremly popular recently. Their whole offering is suited for experienced traders and you can trade with Forex, CFDs and commodities with their very easy to use platform that is available as web based platform, download version or even mobile apps. These are good reasons to take a closer look at this broker.
Plus500 is a CFD service. Your capital is at risk
A big advantage of Plus500 is the platform offering. There’s a webtrader which is the heart of Plus500. The webtrader is very simple and easy to navitage. You can open a position with one single click but also analyze charts with several indicators. Plus500 achieves something were other brokers fail: They combine simpleness with good funcionality.
Mobile trading platforms for iPhone, Android and iPad are a big plus for Plus500. This is something almost no other broker offers at the moment. You can simply download apps through app stores and login with your account details. Theoretically, you can even trade mobile and with any other platform simultaneously.
You can also download and install the Plus500 platform on your PC. It’s available for Windows PCs, Mac OS and Linux at the moment. You can use the Plus500 webtrader with these operating systems though.
You can see Plus500s strenghts unfold with their platforms and that’s why you have a very unique trading experience with this broker and it is something Plus500 makes different and better than most competitors.
Plus 500 Regulation
Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).
Plus500CY LTD is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14).
Plus500AU Pty Ltd, ACN 153 301 681, AFSL # 417727, issued by the Australian Securities and Investments Commission is authorized to issue these products to Australian residents. Derivatives issuer licence in New Zealand, FSP #. 486026 authorises us to issue these products to New Zealand residents. Plus500AU Pty Ltd, is also an authorized Financial Services Provider in South Africa, FSP 47546. You do not own or have any rights to the underlying assets. Please consider the Disclosure documents available on their websites.
Deposit and Withdraw
Depositing funds at Forex brokers is elementary. Otherwise you can’t even trade for real money. But a withdraw is also important, otherwise you can’t make use of your profits. It’s important that a broker is offering a wide range of deposit methods and this is the case at Plus500. You can deposit using wire transfer, instant cash, credit cards (VISA, Mastercard), Paypal and Skrill (formerly Moneybookers).
Currency pairs: 59
Spread: min. 2 Pips EUR/USD
Max. leverage: 300:1
Min. Margin: 0.33%
There’s no doubt that Plus500 is one of the top brokers in the industry and there are several good reasons for that. The trading platform is very easy to use and fits the demands of less experienced and advanced traders alike. As Linux or Mac user you can trade with the Plus500 webtrader and when you’re on the go you can simply download an app and trade mobile. Trading is not limited to currencies, you can also trade with CFDs, indices and commodities. The minimum deposit is only $100 which is perfect for traders to get a foothold in the Forex trading business!
Risk Disclosure Notice: CFD’s can put your capital at risk if used in a speculative manner.