Plus 500 Review | Introduction
Plus 500 was founded by six alumni of the Technion Institute of Technology in 2008. The company’s main operations are situated in Israel with headquarters and official registration based in London. After initial public offering on AIM market in 2013, the company’s market capitalization rise up to 200milion USD. With over 1.000.000 traders and over 2.000.000 monthly transactions, Plus 500 has become one of world’s leaders in online trading industry and unmatched in Trading CFDs.
Plus 500 Review | Regulations- Your capital is at risk!
Plus500 UK LTD is authorised and regulated by the Financial Conduct Authority. Plus500 CY LTD is authorised and regulated by the Cyprus Securities and Exchange Commission. Plus500 AU LTD is regulated by Australian Securities and investments Commission. It complies with all regulations led by governing body and thus offers safe and secure trading opportunity to you.
Plus 500 Review | Account Types
There is only one account type. You can create account in two ways, one is by downloading software and other is web trader. Creating account through web trader is straight and easy.
Plus 500 Review | Assets traded
On this site, you can trade on currencies, metals, energies, indices, shares, bonds, etc. All these assets are traded through CFD trading.
Plus 500 Review | Leverage
Plus 500 provide varying leverage for different instruments traded on various Plus 500 trading platforms. 1:10 leverage means 1% change in price of assets leads to 10% change in CFD. Thus it enables you to gain more profits but along with it, same amount of loss is also possible. Plus 500 provide leverage of about 1:200, so it provides great opportunity to earn good returns.
Plus 500 Review | Deposits and Withdrawals
There are wide options of secure payment system like visa, master card and maestro debit card, credit card, Skrill, PayPal and wire transfer. Thus, its payment system is flexible and fast. It takes very less time for processing. With minimum deposit of only $100, trading with Plus 500 is definitely easy and simple.
Plus 500 Review | Demo Account
If you are unaware of trading at Plus 500 CFD, then you get the opportunity to practice trading at plus 500 by opening demo account rather than live account. You can trade using virtual money in real market like condition. There is no limit for trading with demo account. Thus you can practice until you are not satisfied with your trading performance.
Plus 500 Review| Bonus
Deposit bonus is provided by plus 500, which can be availed after first deposit and achieving certain number of trades. Bonus fund is credited to your account in the ratio of fund deposited by you. Different bonus is provided for different instruments.
Plus 500 Review | Commissions and Spread
Plus 500 do not charge any commission and offers spread up to 2 pip on EUR/USD pair. Spread availed on forex depends on the pair of currencies. Each currency pair has different spread, it can be 0.3, 0.6, 0.7, etc.
Plus 500 Review | Customer Support
Their customer support service is available for 24/7. You can also contact PLUS 500 via live chat. The only way is to fill their query form available at their site or email them. You can write your query in it and can send them. They will send you the response within few hours or a day.
Plus 500 Review | Verdict
If you want to perform CFD trading on shares, forex, indices, commodities, etc. then Plus 500 is the best trading site. However, Plus 500 is more suitable for experienced traders, than beginners. It has simple process of registration and trading. Moreover, their team of personnel guides you at every step in your trading. It makes best efforts to provide their customers high profits along with safe and transparent trading opportunity. Plus 500 is one of the leading CFD trading providers, where you can trade in different market like forex, shares, commodities, indices and others. This enables you to trade on movement in prices, without actual buying or selling of instruments. It is listed on London stock exchange. The best feature of it is that it provides risk management tool like adjusting leverage ratio, guaranteed stop, and close at profit, price alerts, and trailing stop. These tools help you to manage your risk to a large extent. Also their order execution is fast and clear. It also offers various trading platforms like desktop, web trader iphone, I pad and android phone and tablet. Thus, you get great flexibility of trading from any platform and from any place. The technology and interface used for trading is also simple and convenient. Plus 500 is certainly amongst best choices for CFD trading.