First Deposit Bonus Plus500

Plus500 Evaluation: our experience with this broker – First Deposit Bonus Plus500
Plus500 is an online broker where you can speculate with CFDs on cryptocurrencies (Instrument schedule subject to policies), Forex and stocks. In this comprehensive review, we share our experiences with this broker. In our test, Plus500 became an easy to use broker where you can respond to the latest market developments at low rates. First Deposit Bonus Plus500.

First Deposit Bonus Plus500

Benefit Plus500

  • At Plus500 you can speculate on cost developments at low rates.
  • You can sell an extensive series of CFD shares.
  • It is possible to try Plus500 for free with a demo.
  • On Plus500 you can utilize the user-friendly web trader.
  • Plus500 provides its services in more than 30 different languages.
  • On Plus500 you can begin trading from $100. First Deposit Bonus Plus500.

 

Disadvantages Plus500

  • Plus500 does not supply innovative software application for expert traders.
  • You can not discover extensive analyses within the platform.
  • Plus500 customer support is not offered by phone.
  • On Plus500 you can only sell CFDs.

Would you like to try the possibilities at Plus500 with a demo entirely free of charge and without danger? Utilize the button below to open a demo account with this broker:

–>> Open Demo Account here <<–

First Deposit Bonus Plus500

We go over the following topics in the Plus500 evaluation:

  • Open account: how can you open an account with Plus500?
  • Deposit money: how can you transfer and withdraw money?
  • Costs: how much does trading expense on Plus500?
  • Functionalities: what are the possibilities of the software?
  • Trading alternatives: in what securities you trade on Plus500?
  • Support: what support do you get when trading?
  • Costumer service: what is the quality of the costumer service? (costumer-service).
  • Dependability: Is this broker trustworthy? (reliability).
  • Info: more information about Plus500 (information).
  • Conclusion: the verdict of the Plus500 evaluation (conclusion).

 

Opening an account with Plus500
To do this you should first visit the Plus500 website. Click here * to open the Plus500 site. To create a complimentary demonstration account, you simply need to select an email address and a password. It is also possible to visit with your Facebook or Google account. After you have left this details, you can instantly begin trading. First Deposit Bonus Plus500.

First Deposit Bonus Plus500

Plus500 accepts customers from many countries. Nevertheless, there are likewise nationalities that are not admitted to Plus500. Traders from for example, America, Brazil, Belgium and Syria are unable to open an account at Plus500 at this moment. Opening a demo-account with Plus500 is possible within clicks. In the review, we for that reason provide Plus500 a positive score for opening an account. First Deposit Bonus Plus500.

 

Deposit & withdraw cash
When you have actually ended up being familiar with the Plus500 platform, you can switch to a real money account at any time. The minimum deposit at Plus500 is $100. You can transfer cash into your account by using among these techniques:

  • Creditcard.
  • Bank transfer.
  • PayPal.
  • Skrill.
  • iDEAL

Before your deposit can be processed, you need to validate your identity. Plus500 must comply with legislation and can just get confirmed clients. By verifying new costumers, Plus500 prevents clients from utilizing the represent cash laundering.

First Deposit Bonus Plus500

We’ve gone through the entire process and submitted the required documents. Our account was approved and launched by Plus500 within an hour. After confirming the identity of your account, you do not need to do it again. The length of this process depends upon your personal circumstance and can be different for each customer.

 

Withdraw money
You can withdraw the money into your account at any time. You can do this by moving the money to your bank account or PayPal account. The transfer is made quickly and the cash will remain in your account within a couple of days. First Deposit Bonus Plus500.

First Deposit Bonus Plus500

 

On Plus500 there are no additional costs for depositing and withdrawing money. This is a huge advantage of the broker Plus500: numerous other brokers charge a small fee for withdrawing cash. Traders can benefit from approximately 5 totally free withdrawals a month, after which a fee will be sustained.

–>> Open Demo Account here <<–

First Deposit Bonus Plus500

Review of the expenses of Plus500
When you start trading with Plus500, you clearly do not want a big part of your cash to be lost to high deal expenses. In this part of the evaluation, we take a comprehensive look at the charges of trading with Plus500. Below we briefly examine which costs Plus500 passes on to its consumers.

 

Spread
With Plus500 you pay a spread over every transaction. The spread is the difference in between the buy and sell price of a CFD. Plus500 provides two spread systems for its instruments: Dynamic spread which is continuously adjusted according to the market spread during the period a position is open vs. a Spread which does not generally change in line with general market fluctuations while a position is open, but when the marketplace is unpredictable and illiquid, may change to a new level so that the underlying market conditions are better reflected. However, Plus500 aims to supply the tightest possible spreads at all times. First Deposit Bonus Plus500.

 

Forex costs on Plus500
On Plus500 you can trade in different currency sets. At the time of writing, you are paying 0.6 pips in transaction costs on the pair of EUR/ USD. We compared these expenses with those of other providers and concluded that these costs are comparable to those of other brokers. (We have drawn out these data on the 2th of June 14:00.).

 

Cryptocurrency costs on Plus500
On Plus500 you can likewise trade in cryptocurrencies such as Bitcoin. In our review it emerged that at Plus500 you can trade versus fairly advantageously costs in Bitcoin CFDs. At Plus500 you pay a spread of $36 at the time of composing while at eToro you pay more than $50 per agreement. Trading cryptocurrencies is therefore reasonably advantageous at Plus500. (We have actually drawn out these information on the 2th of June 14:00.).

 

Share costs on Plus500
At Plus500 you can also trade in shares by utilizing CFDs. As an example: For the CFD share Tesla you presently pay a spread of $ 0.95, which equates to 0.12% of the total worth. Trading CFD Tesla shares is for that reason possible at a low cost. (Please keep in mind that this is a picture on April 20, 2020 at 13:00.).

 

Funding costs at Plus500
With Plus500 you have the option to trade on margin. Since you can trade on margin, you do not need to put in the total of the trading position yourself. You do have to pay a premium for this.

With each security you will see the over night financing buy and the over night financing sell expenses. In many cases, you in fact receive a premium for brief positions. We compared Plus500 with other celebrations for this review and the funding expenses were relatively low. Still, it is important to remember that Plus500 is not extremely ideal for long-lasting trading because of the funding costs you have to pay on a daily basis. First Deposit Bonus Plus500.

 

Other costs on Plus500
We have actually thoroughly examined the expenses for this evaluation, and we have not discovered any annoying covert costs. You must ensure that you log in to the platform at least once every 3 months. If you do not do this, expenses for lack of exercise will be charged. This is the case with the majority of brokers.

Do you have an account with Plus500 and are you not preparing to trade for a while? It is wise to withdraw the money from your account.

 

You can check all Fees here:

Plus500 is primarily made up for its services through the “market spread”. For instance, when trading EUR/USD, if the buy rate is 1.12078 then the sell rate would be 1.12072 respectively (which indicates a market spread of 0.6 pips, in this example). Unlike other service providers who likewise charge commissions on each trade, Plus500 does not charge dealing commissions. First Deposit Bonus Plus500.

The following extra costs may be used:

Overnight Financing – The overnight funding quantity is either contributed to or subtracted from your account when holding a position after a particular time (the “Overnight Funding Time”).
The over night funding time and the everyday overnight financing portion can be discovered in the “Particulars” link next to the instrument’s name on the main screen of the platform.

Currency Conversion Fee – Plus500 will charge a Currency Conversion Charge for all trades on instruments denominated in a currency different to the currency of your account.
The Currency Conversion Cost will presently depend on 0.7% of the trade’s understood net earnings and loss and reflected in real time into the unrealised net earnings and loss of an open position.

Inactivity Cost – A fee of up to USD 10 monthly will be imposed, ought to you not visit to your trading account for a period of a minimum of three months. This cost will be charged once a month from that moment onwards, as long as no login is made to the account. The lack of exercise cost will amount to the lesser of the staying readily available balance in your account or USD 10 (or comparable depending upon your currency). This is to balance out the expense sustained in making the service available, although it has not been used. However, please note that the fee is just gathered from the Real Cash account and just when there suffice available funds in the account. In order to avoid this cost, merely log into your trading account from time to time, as this is considered sufficient activity to prevent a cost from being charged.

Surefire Stop Order – if you choose this feature, please note that as it ensures that your position (trade) closes at a specific requested rate (cost), the trade undergoes a broader spread.

 

Conclusion Plus500 costs
The expenses Plus500 charges are reasonable and in proportion to the quantity you trade with. This makes it possible to trade with a small amount of money. In our article about the costs on Plus500, we take a closer take a look at the different costs you pay when you trade with Plus500.

First Deposit Bonus Plus500

Software application & possibilities
When you begin trading, we comprehend that you obviously also wish to use an excellent software package. With Plus500 trading is mainly done via the online WebTrader. An excellent benefit of the WebTrader is the ease of access: you can log in to the platform at any time and from any place to open or close a position.

What stuck out in our review was the user-friendliness of Plus500. The platform looks clear and thanks to the search function you can quickly discover the CFD in which you wish to trade. New clients will for that reason not have to search long for purchase & offer buttons on Plus500. First Deposit Bonus Plus500.

 

Opening a trade
Opening a trade with Plus500 is rather straightforward. It is necessary to keep in mind that with Plus500 you constantly trade in CFDs. With Plus500 you never ever straight sell a share. The only thing that determines your outcome is the difference between the rate at which you open and close the position.

When you open a position, you have 2 options. You can buy the CFD or you can go short on the CFD. When you purchase the CFD you get a favorable result with a rising rate and when you sell the CFD you get a favorable result with a falling price. Given that you utilize leverage there is a high risk of losing money quickly due to utilize.

 

The option to hypothesize on a decreasing price is a major benefit within the Plus500 platform. The option to brief sell increases your flexibility and makes it possible to respond to different market scenarios.

 

Type of orders
With Plus500 you can instantly open an order. When you push buy or sell you will see the screen listed below:

First Deposit Bonus Plus500

In the order screen you can go into the amount you wish to trade with. You also have the alternative to automatically open or close the position after a particular rate has been reached. This makes it possible to protect you trades when you have to go out. First Deposit Bonus Plus500.

It is also possible to put an order with Plus500. You do this by getting in a price at which you immediately open the CFD position. By utilizing orders, you can accomplish even better trading results.

First Deposit Bonus Plus500

 

Utilize
With Plus500 you have the alternative to apply a take advantage of. With a lever you can take a larger position with the very same amount of money. Both your prospective profit and your potential loss boost when you use take advantage of. With each security you can right away see what the maximum leverage is that you can use.

The presence of a leverage is an advantage in the evaluation of Plus500. You can constantly decide to invest with smaller sized quantities if you want to reduce your risk.

 

Mobile application
On Plus500 you can likewise trade with the mobile application they use. The mobile application is less substantial than the WebTrader. You can carry out less substantial analyses with it. It is beneficial to also install the mobile application. With the app you can receive warnings when the price of a security reaches a specific worth.

The mobile application is very easy to use and it is good to change your orders when market conditions change significantly. The mobile application is therefore a strong point in our review of the Plus500 platform.

First Deposit Bonus Plus500

Trading choices at Plus500
In this part of the review we will talk about the various kinds of securities you can trade in with Plus500.

Forex
With Plus500 you can trade in CFDs on Forex. When you trade in Forex, you speculate on rate changes in currency sets. You can for example place a trade on the advancement of the euro against the dollar.

Shares
On Plus500 you can also trade in a substantial range of CFD shares. The shares are nicely arranged by country, so you can rapidly find a share to trade.

Products
It’s likewise possible to trade in commodities by using CFDs. The most popular product for trading is oil. You can often use a maximum utilize of up to 1:20 to investments in raw materials. When you sell gold you can use an utilize of 1:20.

Options
On Plus500 you can also sell CFDs on options. Options frequently move strongly: an option can often increase or fall in value by tens of percent. With CFDs you can use an utilize of approximately 1:20 to choices, which even more increases your potential gains or losses.

Indices or ETFs
On Plus500 you can also trade in CFDs on popular indexes or ETFs. You can for example trade in the Dow Jones or NASDAQ index trackers.


Cryptocurrencies

At Plus500 you can likewise trade with CFDs in the most famous cryptocurrencies. Cryptocurrencies are very unpredictable and it can for that reason be interesting to actively hypothesize on their price developments. One of the most popular cryptocurrencies to sell is the Bitcoin. (” Instrument schedule subject to guidelines”). First Deposit Bonus Plus500.


Conclusion on the trading alternatives at Plus500

Plus500 has a wide range of tradable CFD securities. Even relatively unidentified local stocks can often be found on the Plus500 platform. This makes Plus500 an attractive broker for financiers from all nations. My experience with Plus50 has actually therefore been very positive.

 

Support & research study
In this part of the evaluation, we investigate how Plus500 supports traders.

 

Technical analyses
At Plus500 you can carry out technical analyses on the graphs. Within the software you can utilize various illustration alternatives. You can draw horizontal levels to show price levels where the marketplace frequently moves in the opposing direction.

First Deposit Bonus Plus500

You can also add technical signs on the chart. The series of technical signs at Plus500 is massive. You can select from more than 100 different choices. It is smart to use technical indications. By using technical indications, you can execute much better analyses.

First Deposit Bonus Plus500

The technical analysis options within the Plus500 software are comprehensive. Nevertheless, it is inconvenient that you can not save multiple graphs. This suggests that you have to repeat the analyzes frequently. Expert financiers would need to download other programs to carry out more complex analyses.

 

Research study and education
In this evaluation we can be quick about the possibilities of research study and education: at Plus500 these choices are totally missing out on. There are no courses or webinars offered at Plus500. This is a disadvantage for people who join Plus500 to learn how to trade better.

It is useful that you receive an alert within the Plus500 software application when fascinating advancements occur. When the cost of, for instance, oil falls sharply, you will receive a notification of this event. You can then decide on your own whether you want to take a position on the market development. First Deposit Bonus Plus500.

Within the Plus500 software you can likewise see how other users trade in a security. By taking a look at the positions other traders take, you can see whether there are more buyers or sellers. Other essential information is missing with Plus500 platform. Plus500 does not score well in the field of research study and education in our viewpoint.

 

Client service
Plus500 has an extensive and fast customer care that is offered in more than 30 languages. Your issues can be fixed quickly in your language.

It is recommended to contact client service through live chat. You can use the live chat button within the Plus500 WebTrader. By utilizing the live chat, your problems can be fixed almost instantly.

It is likewise possible to email Plus500. Mails are typically answered within a day. It is a pity that no phone number is readily available. This makes it impossible to speak straight to someone. Due to the quick processing time, Plus500 still scores adequately in regards to customer support. First Deposit Bonus Plus500.

First Deposit Bonus Plus500

 

Security & reliability
Before you deposit cash with a business, you naturally want to know that it is entirely secure to do so. In this part of the evaluation, we take a look at how trustworthy Plus500 is.

Guideline
Supervisors make sure that brokers comply with the rules. Plus500 is supervised by:

  • Plus500UK Ltd licensed & controlled by the FCA (# 509909).
  • Plus500CY Ltd licensed & managed by the CySEC (# 250/14).
  • Plus500SG Pte Ltd, certified by MAS (#CMS 100648-1) and IE Singapore (#PLUS/ CBL/2018).
  • Plus500AU Pty Ltd (ACN 153301681), accredited by: ASIC in Australia, AFSL # 417727, FMA in New Zealand, FSP # 486026; licensed financial service provider in South Africa, FSP # 47546.

Security of your deposits
Depending on your citizenship, you delight in additional defense if Plus500 goes bankrupt. This is done through a so-called financier protection fund. All customer funds are held in a segregated customer checking account in accordance with the Cyprus Securities and Exchange Commission’s (CySEC).

Plus500 has actually also set several extra guidelines to make sure that your money is as safe as possible on Plus500. Below you can find a summary of these measurements:

First Deposit Bonus Plus500

Plus500 will never ever speculate with consumers’ money. All funds are stored in a different savings account, which means that this money is secure when unforeseen things occur with Plus500. And lastly, on Plus500 you are protected versus a negative balance, since he Unfavorable balance defense is a regulatory requirement for all EU brokers. So when you trade with Plus500, you can never ever be entrusted to a recurring debt. First Deposit Bonus Plus500.

 

Conclusion dependability
Plus500 is 100% no rip-off. Plus500 securely handles consumer assets. The business is also monitored. Plus500 has been around since 2008 and is even listed on the London stock market. These are all good signs that Plus500 is trustworthy and we have actually come to that conclusion ourselves.

First Deposit Bonus Plus500

About the business
Plus500 was founded in 2008 and has grown strongly since then. Plus500 is active in more than 30 countries and served more than 200,000 active customers in 2019. Plus500 performed over 35 million deals with a worth of over $1,000 billion in one year. The headquarters of the company can be found in Israel, however they have actually opened several additional offices in other countries. Do you need to know more about the Plus500 company? In this short article you will find whatever you require to understand!

First Deposit Bonus Plus500

Conclusion review Plus500
Plus500 is one of the very best CFD brokers. With Plus500 you can actively trade CFDs on all known shares and cryptocurrencies by using the user-friendly software application. On Plus500 you can trade at low rates. You likewise have the chance to react to changing market conditions by putting orders on both fluctuating rates. First Deposit Bonus Plus500.

Do you wish to find how Plus500 works? Then immediately open a totally free demo-account by pressing the button below:

 

–>> Open Demo Account here <<–

72% 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