Plus500 First Deposit Bonus

Plus500 Evaluation: our experience with this broker – Plus500 First Deposit Bonus
Plus500 is an online broker where you can hypothesize with CFDs on cryptocurrencies (Instrument availability subject to guidelines), Forex and stocks. In this extensive evaluation, we share our experiences with this broker. In our test, Plus500 became an easy to use broker where you can react to the current market developments at low rates. Plus500 First Deposit Bonus.

Plus500 First Deposit Bonus

Advantage Plus500

  • At Plus500 you can speculate on rate developments at low rates.
  • You can trade in a comprehensive range of CFD shares.
  • It is possible to attempt Plus500 for free with a demo.
  • On Plus500 you can utilize the user-friendly web trader.
  • Plus500 uses its services in more than 30 various languages.
  • On Plus500 you can start trading from $100. Plus500 First Deposit Bonus.

 

Downsides Plus500

  • Plus500 does not offer innovative software for expert traders.
  • You can not find comprehensive analyses within the platform.
  • Plus500 customer support is not readily available by phone.
  • On Plus500 you can just sell CFDs.

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

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

Plus500 First Deposit Bonus

We talk about the following topics in the Plus500 evaluation:

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

 

Opening an account with Plus500
To do this you should first go to the Plus500 site. Click on this link * to open the Plus500 website. To develop a complimentary demonstration account, you simply need to choose an email address and a password. It is likewise possible to visit with your Facebook or Google account. After you have actually left this info, you can immediately begin trading. Plus500 First Deposit Bonus.

Plus500 First Deposit Bonus

Plus500 accepts customers from most countries. There are also citizenships that are not confessed 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 for that reason give Plus500 a favorable ranking for opening an account. Plus500 First Deposit Bonus.

 

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

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

Before your deposit can be processed, you need to verify your identity. Plus500 needs to abide by legislation and can only receive validated clients. By confirming new customers, Plus500 prevents clients from utilizing the account for money laundering.

Plus500 First Deposit Bonus

We have actually gone through the whole procedure and published the needed documents. Our account was authorized and launched by Plus500 within an hour. After confirming the identity of your account, you do not need to do it once again. The length of this procedure depends on your personal scenario and can be different for each customer.

 

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

Plus500 First Deposit Bonus

 

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

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

Plus500 First Deposit Bonus

Evaluation of the costs of Plus500
When you start trading with Plus500, you certainly do not want a large part of your money to be lost to high transaction costs. In this part of the review, we take a detailed look at the charges of trading with Plus500. Below we briefly analyze which costs Plus500 hands down to its clients.

 

Spread
With Plus500 you pay a spread over every transaction. The spread is the distinction in between the buy and sell cost of a CFD. Plus500 uses 2 spread systems for its instruments: Dynamic spread which is constantly changed according to the marketplace spread out during the duration a position is open vs. a Spread which does not typically alter in line with basic market variations while a position is open, however when the marketplace is unpredictable and illiquid, might alter to a brand-new level so that the underlying market conditions are better shown. Nevertheless, Plus500 intends to offer the tightest possible spreads at all times. Plus500 First Deposit Bonus.

 

Forex costs on Plus500
On Plus500 you can sell various currency sets. At the time of writing, you are paying 0.6 pips in transaction fees 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 actually drawn out these data on the 2th of June 14:00.).

 

Cryptocurrency costs on Plus500
On Plus500 you can also 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 therefore relatively advantageous at Plus500. (We have extracted these data on the 2th of June 14:00.).

 

Share costs on Plus500
At Plus500 you can also trade in shares by using CFDs. As an example: For the CFD share Tesla you currently pay a spread of $ 0.95, which corresponds to 0.12% of the total value. Trading CFD Tesla shares is for that reason 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. Since you can trade on margin, you do not need to put in the full amount 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 overnight funding sell costs. Sometimes, you actually get a premium for short positions. We compared Plus500 with other celebrations for this evaluation and the funding costs were fairly low. Still, it is necessary to bear in mind that Plus500 is not really ideal for long-term trading because of the financing charges you need to pay on a daily basis. Plus500 First Deposit Bonus.

 

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

 

You can check all Fees 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 means a market spread of 0.6 pips, in this example). Unlike other service providers who also charge commissions on each trade, Plus500 does not charge dealing commissions. Plus500 First Deposit Bonus.

The following additional fees might be applied:

Overnight Financing – The over night financing amount is either added to or subtracted from your account when holding a position after a specific time (the “Overnight Financing Time”).
The overnight financing time and the day-to-day overnight funding portion 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 Fee for all trades on instruments denominated in a currency different to the currency of your account.
The Currency Conversion Cost will currently depend on 0.7% of the trade’s realised web earnings and loss and reflected in real time into the unrealised net earnings and loss of an open position.

Lack of exercise Cost – A charge of as much as USD 10 per month will be levied, should you not log in 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 lack of exercise fee will amount to the lesser of the staying readily available balance in your account or USD 10 (or equivalent depending upon your currency). This is to balance out the expense sustained in making the service available, even though it has actually not been utilized. Please note that the charge is only collected from the Genuine Cash account and only when there are adequate 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 considered sufficient activity to prevent a charge from being charged.

Guaranteed Stop Order – if you choose this function, please note that as it ensures that your position (trade) closes at a particular requested rate (price), the trade undergoes 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 short article about the expenses on Plus500, we take a closer take a look at the different costs you pay when you trade with Plus500.

Plus500 First Deposit Bonus

Software & possibilities
When you begin trading, we understand that you of course also want to use a good software package. With Plus500 trading is mainly done through the online WebTrader. A fantastic advantage of the WebTrader is the ease of access: you can log in to the platform at any time and from any location to open or close a position.

What stood apart 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 wish to trade. New clients will for that reason not need to browse wish for purchase & offer buttons on Plus500. Plus500 First Deposit Bonus.

 

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

When you open a position, you have 2 options. You can purchase the CFD or you can go short on the CFD. When you purchase the CFD you get a positive outcome with an increasing cost and when you offer the CFD you get a positive result with a falling rate. Since you use take advantage of there is a high threat of losing money quickly due to utilize.

 

The choice to hypothesize on a decreasing rate is a significant benefit within the Plus500 platform. The choice to brief sell increases your versatility and makes it possible to react to various market situations.

 

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

Plus500 First Deposit Bonus

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

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

Plus500 First Deposit Bonus

 

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

The presence of a leverage is a benefit in the review of Plus500. You can always choose to invest with smaller sized amounts if you want to reduce your danger.

 

Mobile application
On Plus500 you can also trade with the mobile application they offer. The mobile application is less comprehensive than the WebTrader. You can carry out less substantial analyses with it. However, it is useful to likewise install the mobile application. With the app you can receive cautions when the rate of a security reaches a specific worth.

The mobile application is really user-friendly and it is excellent to adjust your orders when market conditions alter substantially. The mobile application is therefore a strong point in our review of the Plus500 platform.

Plus500 First Deposit Bonus

Trading options 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 sell Forex, you hypothesize on rate 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 trade in an extensive range of CFD shares. The shares are nicely arranged by country, so you can quickly discover a share to trade.

Commodities
It’s likewise possible to trade in products by using CFDs. The most popular commodity for trading is oil. You can often use an optimum leverage of as much as 1:20 to investments in basic materials. When you sell gold you can apply an utilize of 1:20.

Options
On Plus500 you can also sell CFDs on alternatives. Choices typically move strongly: an alternative can often increase or fall in worth by tens of percent. With CFDs you can use a leverage of up to 1:20 to alternatives, which even more increases your prospective gains or losses.

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


Cryptocurrencies

At Plus500 you can also trade with CFDs in the most well-known cryptocurrencies. Cryptocurrencies are really volatile and it can for that reason be interesting to actively speculate on their rate developments. Among the most popular cryptocurrencies to trade in is the Bitcoin. (” Instrument schedule subject to regulations”). Plus500 First Deposit Bonus.


Conclusion on the trading choices at Plus500

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

 

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

 

Technical analyses
At Plus500 you can carry out technical analyses on the graphs. Within the software you can utilize different illustration choices. You can draw horizontal levels to show price levels where the market often moves in the opposing instructions.

Plus500 First Deposit Bonus

You can also add technical indicators on the graph. The variety of technical signs at Plus500 is enormous. You can choose from more than 100 various options. It is wise to utilize technical signs. By utilizing technical indications, you can execute much better analyses.

Plus500 First Deposit Bonus

The technical analysis options within the Plus500 software are comprehensive. It is inconvenient that you can not conserve numerous charts. This means that you have to duplicate the examines regularly. Professional investors would have to download other programs to carry out more complex analyses.

 

Research study and education
In this review we can be fast about the possibilities of research study and education: at Plus500 these choices are totally missing. There are no courses or webinars readily available at Plus500. This is a downside for people who sign up with Plus500 to discover how to trade better.

It is useful that you get an alert within the Plus500 software when fascinating advancements occur. When the rate of, for example, oil falls sharply, you will receive an alert of this occasion. You can then decide on your own whether you want to take a position on the marketplace development. Plus500 First Deposit Bonus.

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

 

Customer service
Plus500 has a comprehensive and fast client service that is offered in more than 30 languages. Your issues can be solved rapidly in your language.

It is suggested to call customer support through live chat. You can utilize the live chat button within the Plus500 WebTrader. By utilizing the live chat, your problems can be fixed almost immediately.

It is also possible to email Plus500. Mails are often addressed within a day. It is a pity that no phone number is available. This makes it difficult to speak directly to somebody. Due to the fast processing time, Plus500 still ratings adequately in terms of customer service. Plus500 First Deposit Bonus.

Plus500 First Deposit Bonus

 

Security & dependability
Prior to you transfer money with a business, you naturally would like to know that it is entirely safe to do so. In this part of the evaluation, we look at how dependable Plus500 is.

Guideline
Supervisors make sure that brokers follow 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, 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; authorized financial service provider in South Africa, FSP # 47546.

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

Plus500 has likewise set numerous extra rules to guarantee that your cash is as safe and secure as possible on Plus500. Listed below you can discover an overview of these measurements:

Plus500 First Deposit Bonus

Plus500 will never speculate with customers’ cash. All funds are kept in a different checking account, which means that this cash is safe and secure when unanticipated things happen with Plus500. And lastly, on Plus500 you are secured against an unfavorable balance, since he Negative balance protection 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 First Deposit Bonus.

 

Conclusion dependability
Plus500 is 100% no rip-off. Plus500 firmly manages client possessions. The company is likewise supervised. Plus500 has actually been around considering that 2008 and is even noted on the London stock exchange. These are all good signs that Plus500 is reliable and we have come to that conclusion ourselves.

Plus500 First Deposit Bonus

About the business
Plus500 was founded in 2008 and has actually grown strongly ever since. Plus500 is active in more than 30 nations and served more than 200,000 active consumers in 2019. Plus500 carried out over 35 million transactions with a worth of over $1,000 billion in one year. The head office of the business can be found in Israel, however they have actually opened numerous extra offices in other countries. Do you wish to know more about the Plus500 business? In this post you will discover everything you require to understand!

Plus500 First Deposit Bonus

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

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

 

–>> Open Demo Account here <<–

79% of retail CFD accounts lose money