Plus500 Annual Report 2018

Plus500 Evaluation: our experience with this broker – Plus500 Annual Report 2018
Plus500 is an online broker where you can speculate with CFDs on cryptocurrencies (Instrument availability subject to guidelines), Forex and stocks. In this comprehensive evaluation, we share our experiences with this broker. In our test, Plus500 became an easy to use broker where you can react to the most recent market developments at low rates. Plus500 Annual Report 2018.

Plus500 Annual Report 2018

Advantage Plus500

  • At Plus500 you can hypothesize on cost developments at low rates.
  • You can trade in an extensive 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 2018.

 

Disadvantages Plus500

  • Plus500 does not offer advanced software application for professional traders.
  • You can not find extensive analyses within the platform.
  • Plus500 customer service is not offered by phone.
  • On Plus500 you can just trade in CFDs.

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

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

Plus500 Annual Report 2018

We discuss 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 cash?
  • Expenses: how much does trading expense on Plus500?
  • Functionalities: what are the possibilities of the software?
  • Trading options: in what securities you trade on Plus500?
  • Support: what support do you receive when trading?
  • Client service: what is the quality of the client service? (costumer-service).
  • Reliability: Is this broker trustworthy? (reliability).
  • Info: more information about Plus500 (details).
  • Conclusion: the decision of the Plus500 review (conclusion).

 

Opening an account with Plus500
To do this you must initially go to the Plus500 website. Click here * to open the Plus500 site. To create a totally free demo account, you simply need to pick an email address and a password. It is likewise possible to log in with your Facebook or Google account. After you have left this info, you can immediately start trading. Plus500 Annual Report 2018.

Plus500 Annual Report 2018

Plus500 accepts customers from many countries. However, there are also citizenships that are not confessed 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 therefore offer Plus500 a positive ranking for opening an account. Plus500 Annual Report 2018.

 

Deposit & withdraw cash
When you have ended up being acquainted 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 money into your account by using one of these approaches:

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

Prior to your deposit can be processed, you must validate your identity. Plus500 needs to adhere to legislation and can only get verified consumers. By validating brand-new costumers, Plus500 avoids costumers from using the account for cash laundering.

Plus500 Annual Report 2018

We’ve gone through the entire process and uploaded the needed files. Our account was authorized and launched by Plus500 within an hour. After confirming the identity of your account, you do not have to do it again. The length of this procedure depends on your individual scenario and can be various for each client.

 

Withdraw money
You can withdraw the money into your account at any time. You can do this by moving the cash to your savings account or PayPal account. The transfer is made rapidly and the money will remain in your account within a few days. Plus500 Annual Report 2018.

Plus500 Annual Report 2018

 

On Plus500 there are no additional expenses for transferring and withdrawing money. This is a huge benefit of the broker Plus500: lots of other brokers charge a small cost for withdrawing cash. Traders can take advantage of up to 5 complimentary withdrawals a month, after which a charge will be sustained.

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

Plus500 Annual Report 2018

Review of the costs of Plus500
When you start trading with Plus500, you certainly do not want a large part of your cash to be lost to high deal expenses. In this part of the review, we take an in-depth take a look at the fees of trading with Plus500. Below we quickly analyze which costs Plus500 passes on to its customers.

 

Spread
With Plus500 you pay a spread over every transaction. The spread is the difference between the buy and sell price of a CFD. Plus500 offers two spread mechanisms for its instruments: Dynamic spread which is constantly adjusted according to the marketplace spread throughout the period a position is open vs. a Spread which does not normally change in line with basic market fluctuations while a position is open, however when the marketplace is unstable and illiquid, may change to a brand-new level so that the underlying market conditions are much better shown. Plus500 intends to supply the tightest possible spreads at all times. Plus500 Annual Report 2018.

 

Forex expenses on Plus500
On Plus500 you can sell various currency pairs. At the time of composing, you are paying 0.6 pips in deal fees on the pair of EUR/ USD. We compared these expenses with those of other companies and concluded that these expenses are comparable to those of other brokers. (We have drawn out these data on the 2th of June 14:00.).

 

Cryptocurrency expenses on Plus500
On Plus500 you can also trade in cryptocurrencies such as Bitcoin. In our evaluation it emerged that at Plus500 you can trade against fairly advantageously fees 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 for that reason fairly advantageous at Plus500. (We have actually drawn out these data on the 2th of June 14:00.).

 

Share costs on Plus500
At Plus500 you can also sell shares by using 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 therefore possible at a low cost. (Please note that this is a snapshot on April 20, 2020 at 13:00.).

 

Funding expenses at Plus500
With Plus500 you have the option to trade on margin. Due to the fact that you can trade on margin, you do not have 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 funding buy and the over night funding offer costs. In some cases, you in fact get a premium for short positions. We compared Plus500 with other parties for this review and the funding costs were fairly low. Still, it is important to remember that Plus500 is not very appropriate for long-term trading because of the funding costs you have to pay on a daily basis. Plus500 Annual Report 2018.

 

Other costs on Plus500
We have thoroughly investigated the costs for this review, and we have not found any frustrating surprise expenses. You must 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 many brokers.

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

 

You can examine all Costs here:

Plus500 is mainly made up 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 means a market spread of 0.6 pips, in this example). Unlike other provider who also charge commissions on each trade, Plus500 does not charge dealing commissions. Plus500 Annual Report 2018.

The following extra fees may be applied:

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

Currency Conversion Fee – 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 Charge will currently depend on 0.7% of the trade’s understood internet revenue and loss and shown in real time into the unrealised net earnings and loss of an employment opportunity.

Lack of exercise Cost – A fee of as much as USD 10 monthly will be levied, need to you not visit to your trading represent a period of at least three months. This cost will be charged as soon as a month from that moment onwards, as long as no login is made to the account. The inactivity fee will amount to the lower of the remaining readily available balance in your account or USD 10 (or comparable depending on your currency). This is to balance out the expense incurred in making the service offered, even though it has actually not been used. However, please note that the charge is only gathered from the Real Cash account and only when there are sufficient readily available funds in the account. In order to avoid this charge, just log into your trading account from time to time, as this is considered sufficient activity to prevent a charge from being charged.

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

 

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

Plus500 Annual Report 2018

Software & possibilities
When you start trading, we comprehend that you naturally also want to use an excellent software package. With Plus500 trading is primarily done via the online WebTrader. A terrific advantage of the WebTrader is the ease of access: you can visit to the platform at any time and from any area to open or close a position.

What stood out in our evaluation was the user-friendliness of Plus500. The platform looks clear and thanks to the search function you can rapidly find the CFD in which you want to trade. New customers will therefore not have to browse long for purchase & sell buttons on Plus500. Plus500 Annual Report 2018.

 

Opening a trade
Opening a trade with Plus500 is rather simple. It is very important to keep in mind that with Plus500 you always trade in CFDs. With Plus500 you never straight trade in a share. The only thing that identifies your result is the distinction between the cost at which you open and close the position.

When you open a position, you have two options. You can purchase 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 favorable outcome with a falling rate. Considering that you use utilize there is a high danger of losing money rapidly due to leverage.

 

The option to speculate on a declining cost is a significant benefit within the Plus500 platform. The option to brief sell increases your flexibility and makes it possible to react to different market scenarios.

 

Type of orders
With Plus500 you can right away open an order. When you push purchase or offer you will see the screen listed below:

Plus500 Annual Report 2018

In the order screen you can enter the amount you want to trade with. You also have the choice to immediately open or close the position after a specific cost has actually been reached. This makes it possible to protect you trades when you need to go out. Plus500 Annual Report 2018.

It is also possible to place an order with Plus500. You do this by getting in a cost at which you automatically open the CFD position. By using orders, you can attain even much better trading outcomes.

Plus500 Annual Report 2018

 

Utilize
With Plus500 you have the option to apply a take advantage of. With a lever you can take a bigger position with the exact same amount of money. Both your possible revenue and your possible loss increase when you apply leverage. With each security you can right away see what the maximum take advantage of is that you can apply.

The existence of a take advantage of is a benefit in the evaluation of Plus500. You can always decide to invest with smaller sized amounts if you wish to decrease your danger.

 

Mobile application
On Plus500 you can likewise trade with the mobile application they offer. The mobile application is less extensive than the WebTrader. You can perform less substantial analyses with it. Nonetheless, it is useful to also install the mobile application. With the app you can get warnings when the cost of a security reaches a particular value.

The mobile application is extremely easy to use and it is great to change your orders when market conditions change considerably. The mobile application is therefore a strength in our review of the Plus500 platform.

Plus500 Annual Report 2018

Trading choices at Plus500
In this part of the evaluation we will go over the different types 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 cost modifications in currency pairs. You can for example place a trade on the advancement of the euro versus the dollar.

Shares
On Plus500 you can likewise sell an extensive range of CFD shares. The shares are nicely arranged by country, so you can rapidly discover a share to trade.

Commodities
It’s likewise possible to sell products by utilizing CFDs. The most popular product for trading is oil. You can typically use an optimum utilize of approximately 1:20 to financial investments in raw materials. When you sell gold you can apply an utilize of 1:20.

Options
On Plus500 you can also trade in CFDs on choices. Choices frequently move highly: a choice can sometimes increase or fall in worth by 10s of percent. With CFDs you can use an utilize of up to 1:20 to choices, which further increases your possible gains or losses.

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


Cryptocurrencies

At Plus500 you can likewise trade with CFDs in the most famous cryptocurrencies. Cryptocurrencies are extremely volatile and it can therefore be interesting to actively speculate on their price advancements. Among the most popular cryptocurrencies to trade in is the Bitcoin. (” Instrument availability subject to guidelines”). Plus500 Annual Report 2018.


Conclusion on the trading options at Plus500

Plus500 has a wide variety of tradable CFD securities. Even reasonably unidentified regional stocks can often be found on the Plus500 platform. This makes Plus500 an appealing broker for financiers from all nations. My experience with Plus50 has therefore been extremely favorable.

 

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 charts. Within the software you can utilize different drawing choices. You can draw horizontal levels to show price levels where the market typically moves in the opposing direction.

Plus500 Annual Report 2018

You can likewise include technical indicators on the graph. The variety of technical indications at Plus500 is massive. You can pick from more than 100 different options. It is a good idea to use technical indications. By utilizing technical signs, you can perform better analyses.

Plus500 Annual Report 2018

The technical analysis options within the Plus500 software application are substantial. It is inconvenient that you can not conserve multiple charts. This implies that you need to repeat the examines regularly. Expert financiers would need to download other programs to perform more complex analyses.

 

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

It works that you get a notification within the Plus500 software application when fascinating advancements happen. When the price of, for example, oil falls greatly, you will receive a notice of this event. You can then choose for yourself whether you wish to take a position on the market advancement. Plus500 Annual Report 2018.

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

 

Customer support
Plus500 has a detailed and fast customer care that is available in more than 30 languages. Your issues can be resolved quickly in your language.

It is suggested to call customer care by means of live chat. You can use the live chat button within the Plus500 WebTrader. By using the live chat, your issues can be resolved nearly right away.

It is likewise possible to email Plus500. Mails are typically responded to within a day. It is a pity that no phone number is offered. This makes it difficult to speak directly to someone. Due to the fast processing time, Plus500 still scores adequately in terms of customer care. Plus500 Annual Report 2018.

Plus500 Annual Report 2018

 

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

Regulation
Supervisors make sure that brokers follow the rules. Plus500 is supervised by:

  • Plus500UK Ltd licensed & controlled by the FCA (# 509909).
  • Plus500CY Ltd authorized & controlled by the CySEC (# 250/14).
  • Plus500SG Pte Ltd, accredited 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; authorized financial provider in South Africa, FSP # 47546.

Security of your deposits
Depending upon your citizenship, you take pleasure in additional security if Plus500 declares bankruptcy. This is done through a so-called investor protection fund. All customer funds are kept in a segregated customer checking account in accordance with the Cyprus Securities and Exchange Commission’s (CySEC).

Plus500 has also set several additional guidelines to make sure that your money is as secure as possible on Plus500. Listed below you can find a summary of these measurements:

Plus500 Annual Report 2018

Plus500 will never ever hypothesize with consumers’ money. All funds are stored in a different checking account, which suggests that this cash is safe when unanticipated things happen with Plus500. And finally, on Plus500 you are protected versus a negative balance, due to the fact that he Negative balance protection is a regulative requirement for all EU brokers. When you trade with Plus500, you can never be left with a residual financial obligation. Plus500 Annual Report 2018.

 

Conclusion dependability
Plus500 is 100% no rip-off. Plus500 securely handles consumer assets. The business is also supervised. Plus500 has been around because 2008 and is even noted on the London stock exchange. These are all great indicators that Plus500 is trustworthy and we have actually come to that conclusion ourselves.

Plus500 Annual Report 2018

About the business
Plus500 was founded in 2008 and has actually grown highly ever since. Plus500 is active in more than 30 countries and served more than 200,000 active consumers in 2019. Plus500 executed over 35 million transactions with a worth of over $1,000 billion in one year. The headquarters of the company can be found in Israel, but they have opened numerous additional offices in other countries. Do you would like to know more about the Plus500 business? In this article you will discover whatever you require to understand!

Plus500 Annual Report 2018

Conclusion review Plus500
Plus500 is one of the best CFD brokers. With Plus500 you can actively trade CFDs on all known shares and cryptocurrencies by utilizing the easy to use software. On Plus500 you can trade at low rates. You likewise have the chance to respond to changing market conditions by putting orders on both fluctuating costs. Plus500 Annual Report 2018.

Do you want to find how Plus500 works? Then instantly open a totally free demo-account by pushing the button below:

 

–>> Open Demo Account here <<–

79% of retail CFD accounts lose money