Plus500 Contacts

Plus500 Evaluation: our experience with this broker – Plus500 Contacts
Plus500 is an online broker where you can speculate with CFDs on cryptocurrencies (Instrument schedule subject to policies), Forex and stocks. In this extensive evaluation, we share our experiences with this broker. In our test, Plus500 became an user-friendly broker where you can react to the current market developments at low rates. Plus500 Contacts.

Plus500 Contacts

Advantage Plus500

  • At Plus500 you can hypothesize on cost developments at low rates.
  • You can trade in a substantial variety of CFD shares.
  • It is possible to try Plus500 totally free with a demo.
  • On Plus500 you can use the easy to use web trader.
  • Plus500 uses its services in more than 30 different languages.
  • On Plus500 you can start trading from $100. Plus500 Contacts.

 

Downsides Plus500

  • Plus500 does not supply advanced software application for professional traders.
  • You can not find extensive analyses within the platform.
  • Plus500 customer support is not readily available by phone.
  • On Plus500 you can only trade in CFDs.

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

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

Plus500 Contacts

We go over the following topics in the Plus500 review:

  • Open account: how can you open an account with Plus500?
  • Deposit money: how can you transfer and withdraw cash?
  • Costs: just how much does trading expense on Plus500?
  • Functionalities: what are the possibilities of the software application?
  • Trading choices: in what securities you trade on Plus500?
  • Support: what assistance do you get when trading?
  • Costumer service: what is the quality of the client service? (costumer-service).
  • Dependability: Is this broker reliable? (dependability).
  • Details: more information about Plus500 (info).
  • Conclusion: the decision of the Plus500 review (conclusion).

 

Opening an account with Plus500
To do this you need to first visit the Plus500 site. Click on this link * to open the Plus500 site. To develop a totally free demo account, you just need to pick 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 start trading. Plus500 Contacts.

Plus500 Contacts

Plus500 accepts clients from most nations. There are likewise nationalities that are not admitted to Plus500. Traders from for instance, 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 give Plus500 a positive score for opening an account. Plus500 Contacts.

 

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

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

Before your deposit can be processed, you must confirm your identity. Plus500 should abide by legislation and can just receive verified consumers. By confirming brand-new costumers, Plus500 avoids customers from using the represent money laundering.

Plus500 Contacts

We’ve gone through the whole process and published the required files. Our account was authorized and released by Plus500 within an hour. After validating the identity of your account, you do not have to do it once again. The length of this procedure depends on your individual situation and can be different for each costumer.

 

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

Plus500 Contacts

 

On Plus500 there are no extra costs for depositing and withdrawing cash. This is a big benefit of the broker Plus500: numerous other brokers charge a little charge for withdrawing money. Traders can benefit from up to 5 totally free withdrawals a month, after which a cost will be sustained.

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

Plus500 Contacts

Evaluation of the costs of Plus500
When you begin trading with Plus500, you certainly do not desire a big part of your money to be lost to high transaction expenses. In this part of the evaluation, we take a comprehensive take a look at the charges of trading with Plus500. Below we briefly analyze which costs Plus500 passes on to its clients.

 

Spread
With Plus500 you pay a spread over every transaction. The spread is the distinction in between the buy and sell price of a CFD. Plus500 uses two spread systems for its instruments: Dynamic spread which is continuously adjusted according to the market spread out during the duration a position is open vs. a Spread which does not typically alter in line with basic market fluctuations while a position is open, but when the market is unpredictable 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 Contacts.

 

Forex expenses on Plus500
On Plus500 you can trade in various currency sets. 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 actually extracted these information on the 2th of June 14:00.).

 

Cryptocurrency costs on Plus500
On Plus500 you can likewise trade in cryptocurrencies such as Bitcoin. In our evaluation 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 writing while at eToro you pay more than $50 per agreement. Trading cryptocurrencies is for that reason reasonably beneficial at Plus500. (We have actually extracted these data on the 2th of June 14:00.).

 

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

 

Funding expenses at Plus500
With Plus500 you have the choice to trade on margin. Because you can trade on margin, you do not have to put in the total of the trading position yourself. Nevertheless, you do need 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 many cases, you in fact get a premium for short positions. We compared Plus500 with other celebrations for this review and the funding costs were fairly low. Still, it is very important to remember that Plus500 is not really appropriate for long-term trading because of the financing fees you have to pay daily. Plus500 Contacts.

 

Other expenses on Plus500
We have thoroughly examined the costs for this evaluation, and we have actually not discovered any frustrating hidden expenses. You must guarantee that you log in to the platform at least as soon as every three months. If you don’t 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 sensible to withdraw the money from your account.

 

You can inspect all Fees here:

Plus500 is generally compensated 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 means 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 Contacts.

Nevertheless, the following extra costs might be used:

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

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

Inactivity Fee – A charge of up to USD 10 per month will be levied, need to you not log in to your trading account for a period of a minimum of three months. This charge will be charged when a month from that moment onwards, as long as no login is made to the account. The inactivity cost will amount to the lesser of the staying available balance in your account or USD 10 (or equivalent depending on your currency). This is to offset the cost sustained in making the service offered, although it has not been used. Please note that the charge is just collected from the Real Cash account and just when there are sufficient readily 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 enough activity to prevent a fee from being charged.

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

 

Conclusion Plus500 costs
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 article about the expenses on Plus500, we take a closer take a look at the numerous expenses you pay when you trade with Plus500.

Plus500 Contacts

Software application & possibilities
When you start trading, we understand that you naturally also wish to utilize a good software package. With Plus500 trading is primarily done via the online WebTrader. A terrific benefit of the WebTrader is the availability: you can visit to the platform at any time and from any area to open or close a position.

What stood 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 want to trade. New clients will for that reason not need to search wish for buy & sell buttons on Plus500. Plus500 Contacts.

 

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

When you open a position, you have two choices. You can purchase the CFD or you can go short on the CFD. When you buy the CFD you get a positive result with an increasing rate and when you offer the CFD you get a favorable outcome with a falling price. Because you use take advantage of there is a high threat of losing cash rapidly due to utilize.

 

The option to speculate on a decreasing rate is a significant advantage within the Plus500 platform. The option to brief sell increases your versatility and makes it possible to respond to various market situations.

 

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

Plus500 Contacts

In the order screen you can get in the quantity you want to trade with. You also have the choice to automatically open or close the position after a specific cost has been reached. This makes it possible to protect you trades when you have to go out. Plus500 Contacts.

It is likewise possible to place an order with Plus500. You do this by entering a price at which you automatically open the CFD position. By utilizing orders, you can attain even better trading outcomes.

Plus500 Contacts

 

Utilize
With Plus500 you have the choice to apply a take advantage of. With a lever you can take a larger position with the same quantity of money. Both your prospective profit and your potential loss increase when you apply utilize. With each security you can immediately see what the optimum leverage is that you can apply.

The existence of an utilize is a benefit in the review of Plus500. You can always decide to invest with smaller amounts if you want to lower your risk.

 

Mobile application
On Plus500 you can likewise trade with the mobile application they provide. The mobile application is less comprehensive than the WebTrader. You can perform less extensive analyses with it. It is beneficial to likewise set up the mobile application. With the app you can receive warnings when the rate of a security reaches a certain 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 strong point in our evaluation of the Plus500 platform.

Plus500 Contacts

Trading alternatives at Plus500
In this part of the evaluation we will discuss the different types of securities you can sell with Plus500.

Forex
With Plus500 you can trade in CFDs on Forex. When you sell Forex, you speculate on price modifications in currency pairs. You can for example location a trade on the advancement of the euro against the dollar.

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

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

Options
On Plus500 you can likewise trade in CFDs on options. Options frequently move highly: an option can often rise or fall in worth by 10s of percent. With CFDs you can apply an utilize of as much as 1:20 to options, which even more increases your potential gains or losses.

Indices or ETFs
On Plus500 you can likewise trade in CFDs on well-known indexes or ETFs. You can for example trade in the Dow Jones or NASDAQ index trackers.


Cryptocurrencies

At Plus500 you can also trade with CFDs in the most famous cryptocurrencies. Cryptocurrencies are really unstable and it can for that reason be interesting to actively speculate on their price advancements. One of the most popular cryptocurrencies to sell is the Bitcoin. (” Instrument availability subject to regulations”). Plus500 Contacts.


Conclusion on the trading options at Plus500

Plus500 has a wide range of tradable CFD securities. Even fairly unidentified local stocks can typically be discovered on the Plus500 platform. This makes Plus500 an appealing broker for investors from all countries. My experience with Plus50 has for that reason been very positive.

 

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

 

Technical analyses
At Plus500 you can perform technical analyses on the charts. Within the software you can utilize different drawing alternatives. You can draw horizontal levels to show price levels where the market typically moves in the opposing direction.

Plus500 Contacts

You can likewise add technical indications on the chart. The variety of technical indications at Plus500 is massive. You can pick from more than 100 different choices. It is a good idea to utilize technical signs. By utilizing technical indicators, you can carry out much better analyses.

Plus500 Contacts

The technical analysis alternatives within the Plus500 software application are extensive. It is inconvenient that you can not save multiple graphs. This suggests that you need to duplicate the examines routinely. Expert financiers would have to download other programs to carry out more complex analyses.

 

Research and education
In this review we can be fast about the possibilities of research study and education: at Plus500 these alternatives are entirely missing out on. There are no courses or webinars offered at Plus500. This is a drawback for people who sign up with Plus500 to discover how to trade much better.

It works that you receive a notice within the Plus500 software application when fascinating developments occur. When the cost of, for example, oil falls sharply, you will receive a notice of this occasion. You can then decide for yourself whether you want to take a position on the market development. Plus500 Contacts.

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 data is missing out on with Plus500 platform. Plus500 does not score well in the field of research and education in our opinion.

 

Client service
Plus500 has a detailed and quick customer care that is readily available in more than 30 languages. Your issues can be resolved quickly in your language.

It is advised to call customer support via live chat. You can use the live chat button within the Plus500 WebTrader. By utilizing the live chat, your issues can be fixed almost instantly.

It is also possible to email Plus500. Mails are frequently answered within a day. It is a pity that no phone number is available. This makes it impossible to speak straight to somebody. Due to the quick processing time, Plus500 still ratings sufficiently in terms of client service. Plus500 Contacts.

Plus500 Contacts

 

Security & reliability
Before you transfer cash with a company, you naturally wish to know that it is totally protected to do so. In this part of the evaluation, we look at how reputable Plus500 is.

Regulation
Supervisors guarantee that brokers adhere to the rules. Plus500 is monitored by:

  • Plus500UK Ltd licensed & controlled by the FCA (# 509909).
  • Plus500CY Ltd licensed & controlled 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), accredited by: ASIC in Australia, AFSL # 417727, FMA in New Zealand, FSP # 486026; authorized financial service provider in South Africa, FSP # 47546.

Security of your deposits
Depending upon your nationality, you take pleasure in extra protection if Plus500 declares bankruptcy. This is done through a so-called financier defense fund. All client funds are held in a segregated customer bank account in accordance with the Cyprus Securities and Exchange Commission’s (CySEC).

Plus500 has actually likewise set several additional rules to make sure that your cash is as protected as possible on Plus500. Below you can discover a summary of these measurements:

Plus500 Contacts

Plus500 will never hypothesize with clients’ money. All funds are kept in a different checking account, which suggests that this money is secure when unexpected things happen with Plus500. And lastly, on Plus500 you are safeguarded versus a negative balance, because he Negative 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 financial obligation. Plus500 Contacts.

 

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

Plus500 Contacts

About the business
Plus500 was founded in 2008 and has actually grown highly since then. Plus500 is active in more than 30 nations and served more than 200,000 active customers in 2019. Plus500 carried out 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 actually opened a number of extra offices in other countries. Do you wish to know more about the Plus500 business? In this post you will discover whatever you require to know!

Plus500 Contacts

Conclusion evaluation Plus500
Plus500 is among the very best CFD brokers. With Plus500 you can actively trade CFDs on all recognized shares and cryptocurrencies by using the easy to use software application. On Plus500 you can trade at low rates. You also have the chance to react to altering market conditions by putting orders on both rising and falling prices. Plus500 Contacts.

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

 

–>> Open Demo Account here <<–

79% of retail CFD accounts lose money