Plus500 CFD BROKER Review

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Introduction to Plus500 –CFD Brokerage Services

Plus500UK Ltd is a major UK-based CFD broker founded in 2008. The company is headquartered in London and is authorized by the Financial Conduct Authority (see below for more details on regulation) to offer Contracts for Difference (CFDs). The Plus500 asset index currently includes over 2,000 financial instruments, covering currencies, cryptocurrencies, commodities, stocks, and indices.

🔗 Website: » Plus500 Website

Risk Warning:

77% 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.

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💱 Plus500 Trading Products

Plus500 provides CFD services, meaning CFDs are the only products available for trading on its platform. Use the slider to view the Plus500 asset index.

Trading Leverage:

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

Note: Scalping is Forbidden by Plus500.

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Plus500 Regulation

- Plus500UK Ltd is 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

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Minimum Deposit/Payment Methods

The minimum initial deposit required for opening a new account at Plus500 is $100.

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

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Spread/Trading Commissions:

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

• Trading commissions are not charged by Plus500.

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Online Platforms:

The broker offers a very easy-to-use trading platform in thirty-six (36) languages. A demo account is available too.

Online Platforms include:

1) Plus500 Windows Trader

2) Plus500 WebTrader

 

Mobile Traders include:

1) Android Trader

2) Apple iOS Trader

3) Windows Mobile trader

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🏁 Review Conclusions After Trading With Plus500

Plus500 is a fair but costly option for CFD trading. The platform is simple and easy to use, with a focus on CFD trading and a wide range of stocks and indices from around the world. In total, there are over 2,000 financial instruments available. Forex spreads are relatively wide, making them less suitable for intraday trading. From my experience with a real account, I also noticed significant slippage in order execution, which is a major drawback for day traders. Gold is offered with a fair spread, but silver and other commodities come with much higher spreads. Trading orders are straightforward and include trailing stops. Plus500 also offers several cryptocurrencies, including Bitcoin, Ethereum, Ripple, Litecoin, IOTA, EOS, NEO, and more.

The main advantage of trading with Plus500 is its excellent web-based platform, which is very user-friendly and perfect for beginners. Any financial asset can be traded in just a few clicks.

🔗 Website: » Open an Account with Plus500

 

Risk Warning:

77% 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.

 

Disclaimer: The broker Plus500 does not provide or allow signal trading on its platform.

 

■ Plus500 CFD Broker Review

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