Plus500 Annual Report 2013

Plus500 Evaluation: our experience with this broker – Plus500 Annual Report 2013
Plus500 is an online broker where you can hypothesize with CFDs on cryptocurrencies (Instrument accessibility subject to regulations), Forex and stocks. In this extensive review, we share our experiences with this broker. In our test, Plus500 became an user-friendly broker where you can react to the latest market developments at low rates. Plus500 Annual Report 2013.

Plus500 Annual Report 2013

Advantage Plus500

  • At Plus500 you can hypothesize on cost advancements at low rates.
  • You can trade in a comprehensive variety of CFD shares.
  • It is possible to try Plus500 totally free with a demonstration.
  • On Plus500 you can use the user-friendly web trader.
  • Plus500 offers its services in more than 30 different languages.
  • On Plus500 you can begin trading from $100. Plus500 Annual Report 2013.

 

Downsides Plus500

  • Plus500 does not offer innovative software for professional traders.
  • You can not find comprehensive analyses within the platform.
  • Plus500 client service is not offered by phone.
  • On Plus500 you can only trade in CFDs.

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

–>> Open Demo Account here <<–
79% of retail CFD accounts lose money

Plus500 Annual Report 2013

We talk about the following topics in the Plus500 review:

  • Open account: how can you open an account with Plus500?
  • Deposit cash: how can you deposit and withdraw money?
  • Costs: just how much does trading expense on Plus500?
  • Performances: what are the possibilities of the software?
  • Trading alternatives: in what securities you trade on Plus500?
  • Assistance: what assistance do you receive when trading?
  • Client service: what is the quality of the costumer service? (costumer-service).
  • Reliability: Is this broker reliable? (dependability).
  • Info: more information about Plus500 (details).
  • Conclusion: the verdict of the Plus500 evaluation (conclusion).

 

Opening an account with Plus500
To do this you need to initially go to the Plus500 website. Click here * to open the Plus500 site. To develop a totally free demo account, you just need to select an email address and a password. It is likewise possible to visit with your Facebook or Google account. After you have actually left this information, you can instantly begin trading. Plus500 Annual Report 2013.

Plus500 Annual Report 2013

Plus500 accepts clients from the majority of nations. However, there are also citizenships 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 evaluation, we therefore offer Plus500 a positive rating for opening an account. Plus500 Annual Report 2013.

 

Deposit & withdraw money
When you have become acquainted with the Plus500 platform, you can change to a genuine cash account at any time. The minimum deposit at Plus500 is $100. You can deposit cash into your account by utilizing one of these methods:

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

Before your deposit can be processed, you need to confirm your identity. Plus500 must adhere to legislation and can just get verified clients. By verifying brand-new clients, Plus500 avoids customers from utilizing the account for money laundering.

Plus500 Annual Report 2013

We’ve gone through the whole procedure and published the required files. Our account was approved and released by Plus500 within an hour. After confirming the identity of your account, you don’t need to do it once again. The length of this procedure depends on your personal scenario and can be different for each client.

 

Withdraw cash
You can withdraw the cash into your account at any time. You can do this by transferring the cash to your savings account or PayPal account. The transfer is made quickly and the money will be in your account within a few days. Plus500 Annual Report 2013.

Plus500 Annual Report 2013

 

On Plus500 there are no additional expenses for depositing and withdrawing money. This is a big benefit of the broker Plus500: lots of other brokers charge a little cost for withdrawing money. Traders can take advantage of approximately 5 totally free withdrawals a month, after which a fee will be incurred.

–>> Open Demo Account here <<–
79% of retail CFD accounts lose money

Plus500 Annual Report 2013

Evaluation of the costs of Plus500
When you begin trading with Plus500, you obviously do not want a large part of your cash to be lost to high deal expenses. In this part of the evaluation, we take an in-depth take a look at the fees of trading with Plus500. Below we briefly analyze which costs Plus500 passes on to its consumers.

 

Spread
With Plus500 you pay a spread over every deal. The spread is the distinction between the buy and sell price of a CFD. Plus500 provides 2 spread mechanisms for its instruments: Dynamic spread which is constantly adjusted according to the marketplace spread throughout the duration a position is open vs. a Spread which does not usually change in line with basic market variations while a position is open, but when the market is unstable and illiquid, might change to a new level so that the underlying market conditions are better shown. Plus500 aims to provide the tightest possible spreads at all times. Plus500 Annual Report 2013.

 

Forex expenses on Plus500
On Plus500 you can sell different currency pairs. At the time of composing, you are paying 0.6 pips in transaction charges 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 extracted these data on the 2th of June 14:00.).

 

Cryptocurrency expenses on Plus500
On Plus500 you can also sell cryptocurrencies such as Bitcoin. In our evaluation it emerged that at Plus500 you can trade versus relatively advantageously costs in Bitcoin CFDs. At Plus500 you pay a spread of $36 at the time of writing while at eToro you pay more than $50 per contract. Trading cryptocurrencies is therefore fairly useful at Plus500. (We have drawn out these data on the 2th of June 14:00.).

 

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

 

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

With each security you will see the over night funding buy and the over night financing sell costs. Sometimes, you in fact receive a premium for brief positions. We compared Plus500 with other celebrations for this review and the funding expenses were reasonably low. Still, it is essential to remember that Plus500 is not extremely ideal for long-term trading because of the financing fees you have to pay daily. Plus500 Annual Report 2013.

 

Other costs on Plus500
We have extensively investigated the costs for this review, and we have not found any annoying hidden expenses. You should ensure that you log in to the platform at least once every three months. If you do not do this, costs for lack of exercise will be charged. This holds true with a lot of brokers.

Do you have an account with Plus500 and are you not planning to trade for a while? It is sensible to withdraw the cash from your account.

 

You can inspect all Costs here:

Plus500 is primarily compensated for its services through the “market spread”. 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. Plus500 Annual Report 2013.

The following extra costs may be used:

Overnight Funding – The overnight financing quantity is either contributed to or subtracted from your account when holding a position after a specific time (the “Overnight Funding Time”).
The over night funding time and the day-to-day overnight funding percentage can be found in the “Particulars” link beside the instrument’s name on the primary screen of the platform.

Currency Conversion Charge – Plus500 will charge a Currency Conversion Charge for all trades on instruments denominated in a currency various to the currency of your account.
The Currency Conversion Cost will currently be up to 0.7% of the trade’s realised web profit and loss and shown in real time into the unrealised net earnings and loss of an employment opportunity.

Lack of exercise Charge – A charge of as much as USD 10 monthly will be levied, must you not log in to your trading account for a period of a minimum of 3 months. This cost will be charged when a month from that moment onwards, as long as no login is made to the account. The lack of exercise charge will be equal to the lower of the remaining available balance in your account or USD 10 (or equivalent depending upon your currency). This is to balance out the cost sustained in making the service readily available, although it has actually not been used. Please note that the cost is only collected from the Genuine Cash account and only when there are sufficient readily available funds in the account. In order to avoid this fee, simply log into your trading account from time to time, as this is deemed enough activity to prevent a fee from being charged.

Surefire Stop Order – if you select this feature, please note that as it ensures that your position (trade) closes at a specific asked for rate (cost), the trade is subject to a larger spread.

 

Conclusion Plus500 charges
The costs 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 look at the different costs you pay when you trade with Plus500.

Plus500 Annual Report 2013

Software application & possibilities
When you start trading, we understand that you naturally also wish to use a good software package. With Plus500 trading is mainly done through the online WebTrader. An excellent advantage of the WebTrader is the availability: you can visit to the platform at any time and from any place to open or close a position.

What stood apart 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 want to trade. New customers will for that reason not have to search long for buy & offer buttons on Plus500. Plus500 Annual Report 2013.

 

Opening a trade
Opening a trade with Plus500 is rather simple. It is essential to bear in mind that with Plus500 you constantly sell CFDs. With Plus500 you never ever straight trade in a share. The only thing that identifies your result is the distinction between the rate at which you open and close the position.

When you open a position, you have 2 alternatives. You can buy the CFD or you can go short on the CFD. When you purchase the CFD you get a positive result with a rising cost and when you sell the CFD you get a positive outcome with a falling rate. Because you utilize leverage there is a high risk of losing money quickly due to take advantage of.

 

The alternative to hypothesize on a decreasing cost is a major benefit within the Plus500 platform. The choice to brief sell increases your versatility and makes it possible to respond to various market situations.

 

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

Plus500 Annual Report 2013

In the order screen you can get in the amount you want to trade with. You also have the option to automatically open or close the position after a particular rate has actually been reached. This makes it possible to safeguard you trades when you have to go out. Plus500 Annual Report 2013.

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

Plus500 Annual Report 2013

 

Leverage
With Plus500 you have the choice to apply a leverage. With a lever you can take a bigger position with the same amount of cash. Both your possible profit and your possible loss increase when you use leverage. With each security you can immediately see what the optimum leverage is that you can apply.

The existence of a take advantage of is an advantage in the evaluation of Plus500. You can constantly choose to invest with smaller quantities if you want to lower your risk.

 

Mobile application
On Plus500 you can also trade with the mobile application they provide. The mobile application is less comprehensive than the WebTrader. You can perform less comprehensive analyses with it. It is helpful to likewise install the mobile application. With the app you can get warnings when the price of a security reaches a particular worth.

The mobile application is extremely user-friendly and it is good to change your orders when market conditions alter substantially. The mobile application is for that reason a strength in our review of the Plus500 platform.

Plus500 Annual Report 2013

Trading alternatives at Plus500
In this part of the evaluation we will go over the various types of securities you can trade in with Plus500.

Forex
With Plus500 you can sell CFDs on Forex. When you sell Forex, you speculate on cost modifications in currency sets. You can for instance location a trade on the advancement of the euro versus the dollar.

Shares
On Plus500 you can likewise trade in a comprehensive series of CFD shares. The shares are nicely arranged by nation, so you can rapidly find a share to trade.

Products
It’s likewise possible to sell commodities by utilizing CFDs. The most popular commodity for trading is oil. You can often use an optimum leverage of as much as 1:20 to financial investments in raw materials. When you trade in gold you can use a leverage of 1:20.

Options
On Plus500 you can likewise sell CFDs on choices. Choices typically move strongly: an alternative can often increase or fall in worth by 10s of percent. With CFDs you can apply a leverage of approximately 1:20 to alternatives, which further increases your potential gains or losses.

Indices or ETFs
On Plus500 you can likewise sell CFDs on widely known indexes or ETFs. You can for instance trade in the Dow Jones or NASDAQ index trackers.


Cryptocurrencies

At Plus500 you can likewise trade with CFDs in the most popular cryptocurrencies. Cryptocurrencies are extremely volatile and it can for that reason be interesting to actively hypothesize on their price developments. Among the most popular cryptocurrencies to sell is the Bitcoin. (” Instrument accessibility subject to policies”). Plus500 Annual Report 2013.


Conclusion on the trading options at Plus500

Plus500 has a wide variety of tradable CFD securities. Even fairly unknown local stocks can typically be found on the Plus500 platform. This makes Plus500 an appealing broker for financiers from all countries. My experience with Plus50 has actually therefore been extremely favorable.

 

Assistance & research
In this part of the review, we examine how Plus500 supports traders.

 

Technical analyses
At Plus500 you can carry out technical analyses on the graphs. Within the software application you can use different drawing alternatives. You can draw horizontal levels to suggest price levels where the market frequently relocates the opposing direction.

Plus500 Annual Report 2013

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

Plus500 Annual Report 2013

The technical analysis alternatives within the Plus500 software are extensive. It is inconvenient that you can not conserve multiple charts. This means that you have to duplicate the evaluates routinely. Professional investors would need to download other programs to perform more complex analyses.

 

Research and education
In this evaluation we can be fast about the possibilities of research and education: at Plus500 these alternatives are completely missing. There are no courses or webinars available at Plus500. This is a disadvantage for individuals who sign up with Plus500 to learn how to trade better.

It works that you get a notice within the Plus500 software application when fascinating advancements occur. When the price of, for example, oil falls dramatically, you will get an alert of this occasion. You can then decide for yourself whether you wish to take a position on the marketplace advancement. Plus500 Annual Report 2013.

Within the Plus500 software application you can also see how other users sell a security. By taking a look at the positions other traders take, you can see whether there are more purchasers or sellers. Other basic information is missing with Plus500 platform. Plus500 does not score well in the field of research and education in our opinion.

 

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

It is suggested to call customer care through live chat. You can utilize the live chat button within the Plus500 WebTrader. By utilizing the live chat, your issues can be fixed practically instantly.

It is likewise possible to email Plus500. Mails are typically addressed within a day. It is a pity that no telephone number is available. This makes it impossible to speak straight to somebody. Due to the fast processing time, Plus500 still ratings adequately in terms of client service. Plus500 Annual Report 2013.

Plus500 Annual Report 2013

 

Security & dependability
Before you deposit money with a business, you naturally wish to know that it is totally safe and secure to do so. In this part of the evaluation, we look at how dependable Plus500 is.

Guideline
Supervisors ensure that brokers abide by the guidelines. Plus500 is monitored by:

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

Security of your deposits
Depending upon your nationality, you delight in additional protection if Plus500 goes bankrupt. This is done through a so-called investor security fund. All client funds are held in a segregated client savings account in accordance with the Cyprus Securities and Exchange Commission’s (CySEC).

Plus500 has actually also set a number of extra guidelines to ensure that your cash is as secure as possible on Plus500. Below you can discover a summary of these measurements:

Plus500 Annual Report 2013

Plus500 will never ever hypothesize with consumers’ cash. All funds are stored in a different checking account, which indicates that this cash is protected when unforeseen things occur with Plus500. And finally, on Plus500 you are secured versus a negative balance, due to the fact that he Unfavorable balance security is a regulatory requirement for all EU brokers. So when you trade with Plus500, you can never ever be entrusted a residual financial obligation. Plus500 Annual Report 2013.

 

Conclusion reliability
Plus500 is 100% no rip-off. Plus500 securely manages consumer assets. The business is also monitored. Plus500 has been around because 2008 and is even listed on the London stock market. These are all great indications that Plus500 is reliable and we have concerned that conclusion ourselves.

Plus500 Annual Report 2013

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 clients in 2019. Plus500 performed over 35 million transactions with a worth of over $1,000 billion in one year. The headquarters of the company can be discovered in Israel, but they have opened several extra offices in other nations. Do you want to know more about the Plus500 business? In this short article you will discover whatever you need to understand!

Plus500 Annual Report 2013

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 utilizing the user-friendly software application. On Plus500 you can trade at low rates. You likewise have the chance to respond to changing market conditions by placing orders on both fluctuating costs. Plus500 Annual Report 2013.

Do you want to discover how Plus500 works? Immediately open a free demo-account by pressing the button listed below:

 

–>> Open Demo Account here <<–

79% of retail CFD accounts lose money