Articles

+500 Brokers Review (Plus500)


+500 (Plus500) CFD BROKER ReviewCheck Rating Analysis at FxPros

 

 

 

Introduction to Plus500 –CFD Brokerage Services

Plus500UK Ltd is a large UK-based CFD Broker found in 2008. The company is based in London and authorized by the Financial Conduct Authority (FCA UK) to offer Contracts For Difference (CFDs). Currently, +500 asset index contains over 2,000 financial instruments, including Currencies, Cryptocurrencies, Commodities, Stocks, and Indices.


Plus500 CFD Broker

Plus500 Trading Products

Plus500 offers CFD Services, that means that CFDs are the only products available when trading at Plus500. Press the slider to see Plus500 major trading assets.

Plus500 is a Dealing Desk broker (DD) offering several Fx currencies, commodities, +500 trades stocks from all around the world.

1) Commodities

-Oil

-Gold

-Silver

-Natural Gas

-Heating Oil

-Coffee

-Sugar

-Cotton

-Corn

-Platinum

2) Forex

Fifty-one (51) Currency pairs offered, among them:

-EUR/USD

-EUR/JPY

-EUR/GBP

-EUR/CAD

-EUR/CHF

-EUR/AUD

-EUR/NOK

-EUR/NZD

3) Stocks & Indices

Many American and European Stock and Indices. You will find a great asset index and this is probably the greatest advantage when trading at Plus500.

4) ETFs

-ETfs are tradable in +500 Check TradingCenter ETF Section

5) Cryptocurrencies (Bitcoin, Ethereum, Ripple, Litecoin, IOTA, EOS, NEO, and more)

Note: Scalping is Forbidden by plus 500.


Plus500 Regulation

Plus500UK Ltd is authorized and regulated by the Financial Conduct Authority (FCA UK -Reference number: 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

 

Minimum Deposit/Payment Methods

The minimum initial deposit required for opening a new account at +500 is $100.

Payment methods include Credit/debit cards, Skrill, PayPal, and Bank Wire transfer.


Spread/Trading Commissions:

-The spreads when trading with Plus500 are wide and not suitable for intraday traders.

-Trading commissions are not charged by Plus500.


Trading Leverage:

The maximum leverage at Plus500 is 30:1. For more information, visit their website.

 

Online Platforms:

Very easy to use trading platform and thirty-six (36) languages are available. Demo account is available.

Online Platforms include:

1) Plus500 Windows Trader

2) Plus500 WebTrader


Mobile Traders include:

1) Android Trader

2) Apple iOS Trader

3) Windows mobile trader

 

Testing & Conclusions:

Plus500 is a fair but expensive choice for CFD trading. The +500 platform is particularly simple and easy to navigate. This company is specialized in trading CFDs, offering a great variety of stocks & indices from all around the world. There are over 2,000 financial instruments in total. As concerns Forex currencies, the spreads are wide and not suitable for intraday trading. Furthermore, after using their platform in a real account I noticed the existence of high slippage on order execution. This is a great disadvantage for day-traders as well. Gold is offered in a fair spread, but silver and other commodities are offered with much higher spreads. As concerns trading orders, they are simple and include trailing stops. In overall, Plus500 is a good choice for those who are seeking to trade CFDs for the first time and need a very extensive asset index. Note, you can trade several cryptocurrencies including Bitcoin, Ethereum, Ripple, Litecoin, IOTA, EOS, NEO, and more.

+500 Brokers

Risk Warning: ‘80.6% 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.’ 

 


L
MORE REVIEWS

• COMPARE

Forex Brokers Comparison Forex Trading Signals Expert Advisors (EAs)   Forex Trading Rebate Plans

• ECN BROKERS

HotForex Dukascopy Europe Dukascopy Bank FXCC Forex



• STP BROKERS

XM Forex IronFx ETXCapital HYMarkets FBS (Russia)

• USA TRADERS

AAAFX        

 

+500 (Plus500) CFD Broker Review

TradingCenter

Plus500UK Ltd authorized & 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. 

Advertise with us

Advertise today on TradingCenter.org as long as your services can be proved reliable: ► email us today!