Broker Service Review of Plus500, the world’s trading machine. Invest in CFDs with Plus500.
- What is Plus500?
- What you can invest in with Plus500?
- Fund Deposit and Withdrawal with Plus500
- Costs of online trading with Plus500
- Plus500 offers up to 1:300 leverage
- Guaranteed Stop on Plus500 Web Trader
What is Plus500?
Plus500 is an online CFD broker with international presence.
The broker was founded in 2008, and now provides the online trading service to investors from hundreds of countries.
Striving to be the number one Global CFD provider, with Plus500, you can invest in hundreds of financial markets from various assets such as Shares, Commodities, Cryptocurrency, Indices, Forex, Options and ETFs.
Plus500 brand is operated by multiple companies under different regulations.
- 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).
- Plus500SEY Ltd is authorized and regulated by the Seychelles Financial Services Authority (Licence No. SD039).
- 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.
Open Plus500’s trading account, and access to the innovative Web-Trader to invest online.
For any inquiries, you can contact Plus500’s multilingual support team.
Plus500 offers 24/7 email and chat support in 16 languages, and the platform is available in 32 different languages.
What you can invest in with Plus500?
By opening one trading account with Plus500, you can invest in hundreds of financial markets all together.
A trader with a Plus500 account can trade CFDs on underlying financial instruments such as Forex, Stocks, Commodities, Options, and Indices.
Plus500’s web-based trading platform can be accessed from any devices including Windows and MAC, or as a mobile app on Android, Tablet, iPhone and iPad.
Plus500’s web trader features all the basic and advanced trading tools, indicators and order types for traders to efficiently analyze the markets.
Plus500 offers only one live trading account, with the best possible execution and condition for all types of traders.
Fund Deposit and Withdrawal with Plus500
Plus500 accepts deposits from 100 Euro.
To make a fund deposit to your Plus500’s live trading account, you need to login to the web trader.
Then go to “Funds”, “Deposits” and select the preferable funding method.
To Plus500’s live trading account, you can use the following methods to make a deposit.
- VISA and Mastercard (both Credit and Debit card)
- Online Wallets (PayPal and Skrill)
- Bank Wire Transfer
Fund deposit with credit and debit cards are the most popular methods among traders, as you can transfer your funds to the live accounts instantly.
Plus500 supports NBP (Negative Balance Protection) for all traders’ live trading accounts.
With Plus500’s NBP, you do not lose more than your account balance.
Although you are recommended to have enough funds to manage your positions at all times, you should not deposit more than you can afford to lose.
Costs of online trading with Plus500
In order to provide traders with more efficient and economical trading environment, Plus500 has eliminated many types of costs.
Plus500 charges only spread cost (the difference of bid and ask spread), and there are no other charges.
With Plus500, you do not need to pay any costs or commissions for the following activities:
- Deposit and Withdrawal
- Live share CFD prices
- Real-time Forex quotes
- Use of Plus500 Web Trader
- Account Opening
- Opening and Closing positions
- Rolling your position
With Plus500, you do not worry about the additional costs, but only the spreads directly provided on Plus500’s Web Trader.
Plus500 offers up to 1:300 leverage
Plus500 offers leverage up to 1:300, on the web trader.
The maximum leverage 1:300 is available only for “Professional Trader” of Plus500.
To be categorized as a professional trader of Plus500, you must:
- have traded at least 20 months.
- have a size of investment portfolio of at least €500,000.
- Relevant experience in the financial services sector.
While opening an account with Plus500, you will need to answer certain questions which will decide if you are considered as a professional trader or not.
Note that the applicable maximum leverage is different depending on the financial market you invest in as follows:
|Financial Markets||Available Maximum Leverage|
|Forex Currency Pairs||1:300|
For more information about the trading conditions, Go to Plus500 Official Website
Guaranteed Stop on Plus500 Web Trader
One of Plus500’s trading tool is the “Guaranteed Stop”.
By adding Plus500’s Guaranteed Stop, you can set an order to close at “stop loss level” with no risk of slippage.
You can set Plus500’s Guaranteed Stop easily on the web trader.
Plus500’s Guaranteed Stop will put an absolute limit on your potential loss, but the cost will be higher as the spread will be widen.
Plus500’s Web Trader features many trading tools and options to support your trading activities and analyze the market trends efficiently.
Login to the web trader from Plus500 Official Website to find out more today.
CFD Service. Your capital is at risk.