Plus500 España

Plus500 Review: our experience with this broker – Plus500 España
Plus500 is an online broker where you can speculate with CFDs on cryptocurrencies (Instrument accessibility subject to policies), Forex and stocks. In this extensive evaluation, we share our experiences with this broker. In our test, Plus500 emerged as an easy to use broker where you can respond to the current market developments at low rates. Plus500 España.

Plus500 España

Advantage Plus500

  • At Plus500 you can hypothesize on cost developments at low rates.
  • You can sell a substantial range of CFD shares.
  • It is possible to attempt Plus500 free of charge with a demonstration.
  • On Plus500 you can use the user-friendly web trader.
  • Plus500 uses its services in more than 30 various languages.
  • On Plus500 you can start trading from $100. Plus500 España.

 

Drawbacks Plus500

  • Plus500 does not offer sophisticated software application for expert traders.
  • You can not discover substantial analyses within the platform.
  • Plus500 client service is not offered by phone.
  • On Plus500 you can only sell CFDs.

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

–>> Open Demo Account here <<–

Plus500 España

We go over the following topics in the Plus500 evaluation:

  • Open account: how can you open an account with Plus500?
  • Deposit cash: how can you deposit and withdraw money?
  • Expenses: just how much does trading expense on Plus500?
  • Performances: what are the possibilities of the software application?
  • Trading options: in what securities you trade on Plus500?
  • Assistance: what assistance do you receive when trading?
  • Client service: what is the quality of the client service? (costumer-service).
  • Dependability: Is this broker trusted? (reliability).
  • Information: more info about Plus500 (info).
  • Conclusion: the verdict of the Plus500 review (conclusion).

 

Opening an account with Plus500
To do this you must initially visit the Plus500 site. Click on this link * to open the Plus500 website. To create a free demo account, you just 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 details, you can immediately start trading. Plus500 España.

Plus500 España

Plus500 accepts clients from a lot of countries. There are likewise citizenships 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 favorable score for opening an account. Plus500 España.

 

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

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

Before your deposit can be processed, you need to validate your identity. Plus500 should comply with legislation and can only get confirmed customers. By validating new costumers, Plus500 prevents costumers from utilizing the account for cash laundering.

Plus500 España

We have actually gone through the entire process and submitted the needed files. Our account was authorized and launched by Plus500 within an hour. After validating the identity of your account, you do not need to do it again. The length of this procedure depends upon your individual circumstance and can be different for each costumer.

 

Withdraw money
You can withdraw the cash into your account at any time. You can do this by transferring the cash to your checking account or PayPal account. The transfer is made rapidly and the cash will remain in your account within a couple of days. Plus500 España.

Plus500 España

 

On Plus500 there are no extra expenses for transferring and withdrawing money. This is a big benefit of the broker Plus500: lots of other brokers charge a small cost for withdrawing money. Traders can benefit from approximately 5 complimentary withdrawals a month, after which a charge will be incurred.

–>> Open Demo Account here <<–

Plus500 España

Review of the expenses of Plus500
When you start trading with Plus500, you certainly do not desire a large part of your cash to be lost to high transaction expenses. In this part of the evaluation, we take a detailed take a look at the charges of trading with Plus500. Listed below we quickly examine which costs Plus500 hands down to its clients.

 

Spread
With Plus500 you pay a spread over every deal. The spread is the difference in between the buy and sell rate of a CFD. Plus500 provides two spread mechanisms for its instruments: Dynamic spread which is constantly adjusted according to the market spread during the period a position is open vs. a Spread which does not usually change in line with general market fluctuations while a position is open, but when the marketplace is unstable and illiquid, might alter to a brand-new level so that the underlying market conditions are much better shown. Nevertheless, Plus500 aims to provide the tightest possible spreads at all times. Plus500 España.

 

Forex costs on Plus500
On Plus500 you can trade in different currency pairs. At the time of writing, you are paying 0.6 pips in deal costs on the pair of EUR/ USD. We compared these costs with those of other suppliers 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 also sell cryptocurrencies such as Bitcoin. In our evaluation it emerged that at Plus500 you can trade against 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 contract. Trading cryptocurrencies is therefore relatively beneficial at Plus500. (We have extracted 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 currently pay a spread of $ 0.95, which relates to 0.12% of the total value. Trading CFD Tesla shares is therefore possible at a low cost. (Please keep in mind that this is a photo on April 20, 2020 at 13:00.).

 

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

With each security you will see the overnight financing buy and the over night financing sell expenses. Sometimes, you in fact get a premium for brief positions. We compared Plus500 with other celebrations for this evaluation and the financing costs were fairly low. Still, it is important to remember that Plus500 is not very appropriate for long-lasting trading because of the funding fees you need to pay on a daily basis. Plus500 España.

 

Other costs on Plus500
We have actually extensively investigated the expenses for this evaluation, and we have not found any frustrating hidden expenses. You should ensure that you log in to the platform at least once every 3 months. If you do not do this, costs 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 planning to trade for a while? It is sensible to withdraw the money from your account.

 

You can examine all Fees 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 indicates 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 España.

The following additional charges might be applied:

Overnight Financing – The over night financing quantity is either added to or subtracted from your account when holding a position after a particular time (the “Overnight Financing Time”).
The overnight funding time and the everyday over night financing percentage can be discovered 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 Cost for all trades on instruments denominated in a currency various to the currency of your account.
The Currency Conversion Cost will presently depend on 0.7% of the trade’s realised web revenue and loss and reflected in real time into the unrealised net revenue and loss of an employment opportunity.

Inactivity Cost – A charge of as much as USD 10 monthly will be imposed, ought to you not visit to your trading represent a period of at least 3 months. This fee will be charged once a month from that moment onwards, as long as no login is made to the account. The inactivity charge 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 offset the expense incurred in making the service readily available, despite the fact that it has actually not been used. However, please note that the charge is just gathered from the Genuine Cash account and only when there are sufficient offered funds in the account. In order to avoid this fee, merely log into your trading account from time to time, as this is deemed enough activity to prevent a charge from being charged.

Guaranteed Stop Order – if you pick this feature, please note that as it ensures that your position (trade) closes at a specific requested rate (rate), the trade undergoes a larger 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 post about the costs on Plus500, we take a closer take a look at the different costs you pay when you trade with Plus500.

Plus500 España

Software & possibilities
When you start trading, we comprehend that you naturally likewise wish to utilize a great software package. With Plus500 trading is mainly done by means of the online WebTrader. An excellent 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 evaluation was the user-friendliness of Plus500. The platform looks clear and thanks to the search function you can quickly find the CFD in which you want to trade. New customers will therefore not need to browse long for buy & sell buttons on Plus500. Plus500 España.

 

Opening a trade
Opening a trade with Plus500 is rather straightforward. It is essential to remember that with Plus500 you always sell CFDs. With Plus500 you never ever directly sell a share. The only thing that identifies your outcome is the difference between the price at which you open and close the position.

When you open a position, you have two options. You can buy the CFD or you can go short on the CFD. When you purchase the CFD you get a favorable outcome with an increasing cost and when you sell the CFD you get a favorable outcome with a falling price. Given that you utilize utilize there is a high danger of losing cash quickly due to take advantage of.

 

The option to hypothesize on a declining rate is a major advantage within the Plus500 platform. The choice to short sell increases your versatility and makes it possible to respond to various market circumstances.

 

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

Plus500 España

In the order screen you can enter the quantity you want to trade with. You also have the option to immediately open or close the position after a particular price has been reached. This makes it possible to protect you trades when you have to go out. Plus500 España.

It is likewise possible to position an order with Plus500. You do this by entering a rate at which you instantly open the CFD position. By using orders, you can achieve even better trading results.

Plus500 España

 

Utilize
With Plus500 you have the choice to apply a take advantage of. With a lever you can take a bigger position with the very same quantity of cash. Both your prospective profit and your potential loss boost when you apply utilize. With each security you can instantly see what the maximum take advantage of is that you can use.

The presence of a take advantage of is a benefit in the review of Plus500. You can constantly choose to invest with smaller sized quantities if you wish to reduce your danger.

 

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 extensive analyses with it. However, it works to likewise set up the mobile application. With the app you can receive cautions when the price of a security reaches a particular worth.

The mobile application is really user-friendly and it is good to adjust your orders when market conditions alter significantly. The mobile application is therefore a strength in our evaluation of the Plus500 platform.

Plus500 España

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

Forex
With Plus500 you can trade in CFDs on Forex. When you sell Forex, you hypothesize on rate modifications in currency pairs. You can for instance place a trade on the advancement of the euro versus the dollar.

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

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

Options
On Plus500 you can likewise trade in CFDs on alternatives. Choices often move strongly: an option can in some cases rise or fall in worth by tens of percent. With CFDs you can apply a leverage of as much as 1:20 to choices, which further increases your potential gains or losses.

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


Cryptocurrencies

At Plus500 you can also trade with CFDs in the most well-known cryptocurrencies. Cryptocurrencies are very unstable and it can for that reason be interesting to actively hypothesize on their cost advancements. One of the most popular cryptocurrencies to trade in is the Bitcoin. (” Instrument availability subject to guidelines”). Plus500 España.


Conclusion on the trading alternatives at Plus500

Plus500 has a wide range of tradable CFD securities. Even reasonably unknown local stocks can often be discovered on the Plus500 platform. This makes Plus500 an attractive broker for financiers from all countries. My experience with Plus50 has actually for that reason been extremely 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 charts. Within the software you can utilize various drawing alternatives. You can draw horizontal levels to show price levels where the marketplace typically relocates the opposing direction.

Plus500 España

You can also add technical signs on the graph. The series of technical indicators at Plus500 is enormous. You can choose from more than 100 different alternatives. It is wise to utilize technical indications. By using technical signs, you can perform better analyses.

Plus500 España

The technical analysis options within the Plus500 software application are comprehensive. It is troublesome that you can not save multiple graphs. This means that you have to duplicate the analyzes regularly. Expert investors would have to download other programs to perform more complex analyses.

 

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

It is useful that you receive an alert within the Plus500 software when interesting advancements take place. When the price of, for instance, oil falls dramatically, you will receive a notice of this event. You can then decide on your own whether you wish to take a position on the marketplace advancement. Plus500 España.

Within the Plus500 software application you can also 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 purchasers or sellers. Other basic data is missing with Plus500 platform. Plus500 does not score well in the field of research study and education in our viewpoint.

 

Customer service
Plus500 has a detailed and quick customer support that is offered in more than 30 languages. Your problems can be solved quickly in your language.

It is recommended to contact customer service through live chat. You can utilize the live chat button within the Plus500 WebTrader. By using the live chat, your issues can be resolved practically instantly.

It is also possible to email Plus500. Mails are frequently addressed within a day. It is a pity that no phone number is available. This makes it impossible to speak straight to someone. Due to the fast processing time, Plus500 still scores adequately in regards to customer support. Plus500 España.

Plus500 España

 

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

Guideline
Supervisors guarantee that brokers comply with the guidelines. Plus500 is supervised by:

  • Plus500UK Ltd licensed & regulated by the FCA (# 509909).
  • Plus500CY Ltd licensed & regulated 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 upon your citizenship, you delight in extra protection if Plus500 goes bankrupt. This is done through a so-called investor 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 also set several additional guidelines to ensure that your cash is as protected as possible on Plus500. Below you can find an introduction of these measurements:

Plus500 España

Plus500 will never ever speculate with customers’ cash. All funds are saved in a separate checking account, which implies that this money is secure when unexpected things occur with Plus500. And finally, on Plus500 you are safeguarded versus an unfavorable balance, due to the fact that he Negative balance defense is a regulatory requirement for all EU brokers. So when you trade with Plus500, you can never be entrusted to a residual debt. Plus500 España.

 

Conclusion reliability
Plus500 is 100% no rip-off. Plus500 safely manages customer assets. The business is likewise supervised. Plus500 has actually been around given that 2008 and is even listed on the London stock market. These are all great indicators that Plus500 is reliable and we have concerned that conclusion ourselves.

Plus500 España

About the company
Plus500 was founded in 2008 and has actually grown strongly since then. Plus500 is active in more than 30 countries and served more than 200,000 active clients in 2019. Plus500 carried out over 35 million transactions with a value of over $1,000 billion in one year. The head office of the company can be discovered in Israel, however they have actually opened a number of additional offices in other nations. Do you need to know more about the Plus500 company? In this short article you will find everything you require to know!

Plus500 España

Conclusion evaluation Plus500
Plus500 is among the very best CFD brokers. With Plus500 you can actively trade CFDs on all known 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 changing market conditions by positioning orders on both rising and falling costs. Plus500 España.

Do you want to find how Plus500 works? Right away open a free demo-account by pressing the button listed 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