Plus500 Interim Results

Plus500 Review: our experience with this broker – Plus500 Interim Results
Plus500 is an online broker where you can hypothesize with CFDs on cryptocurrencies (Instrument accessibility subject to guidelines), Forex and stocks. In this comprehensive evaluation, we share our experiences with this broker. In our test, Plus500 emerged as an easy to use broker where you can react to the latest market advancements at low rates. Plus500 Interim Results.

Plus500 Interim Results

Benefit Plus500

  • At Plus500 you can hypothesize on rate advancements at low rates.
  • You can trade in a comprehensive series 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 provides its services in more than 30 different languages.
  • On Plus500 you can begin trading from $100. Plus500 Interim Results.

 

Drawbacks Plus500

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

Would you like to attempt the possibilities at Plus500 with a demo completely 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 Interim Results

We discuss 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: how much does trading cost on Plus500?
  • Functionalities: what are the possibilities of the software?
  • Trading choices: in what securities you trade on Plus500?
  • Assistance: what assistance do you receive when trading?
  • Customer 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 visit the Plus500 website. Click here * to open the Plus500 website. To develop a free demo account, you simply have to select an e-mail address and a password. It is also possible to visit with your Facebook or Google account. After you have actually left this details, you can right away begin trading. Plus500 Interim Results.

Plus500 Interim Results

Plus500 accepts consumers from many nations. There are also citizenships that are not confessed to Plus500. Traders from for example, America, Brazil, Belgium and Syria are not able to open an account at Plus500 at this moment. Opening a demo-account with Plus500 is possible within clicks. In the review, we for that reason give Plus500 a favorable rating for opening an account. Plus500 Interim Results.

 

Deposit & withdraw cash
When you have actually ended up being 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 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 verify your identity. Plus500 needs to abide by legislation and can just receive verified customers. By confirming new clients, Plus500 avoids costumers from using the account for cash laundering.

Plus500 Interim Results

We have actually gone through the whole procedure and uploaded the required files. Our account was approved and released by Plus500 within an hour. After verifying the identity of your account, you don’t need to do it once again. The length of this procedure depends upon your individual scenario and can be various for each costumer.

 

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

Plus500 Interim Results

 

On Plus500 there are no extra expenses for depositing and withdrawing money. This is a huge advantage of the broker Plus500: numerous other brokers charge a small charge for withdrawing money. Traders can benefit from as much as 5 free withdrawals a month, after which a fee will be incurred.

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

Plus500 Interim Results

Review of the costs of Plus500
When you start trading with Plus500, you certainly do not want a big part of your money to be lost to high transaction costs. In this part of the evaluation, we take a detailed look at the charges of trading with Plus500. Listed below we briefly examine which costs Plus500 passes on to its consumers.

 

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 provides 2 spread mechanisms for its instruments: Dynamic spread which is constantly adjusted according to the market spread during 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, however when the market is unstable and illiquid, may change to a new level so that the underlying market conditions are much better shown. Nonetheless, Plus500 aims to supply the tightest possible spreads at all times. Plus500 Interim Results.

 

Forex expenses on Plus500
On Plus500 you can sell different 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 costs with those of other providers and concluded that these expenses 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 likewise trade in cryptocurrencies such as Bitcoin. In our evaluation it emerged that at Plus500 you can trade against relatively advantageously charges 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 for that reason fairly helpful at Plus500. (We have extracted these data on the 2th of June 14:00.).

 

Share expenses on Plus500
At Plus500 you can likewise sell shares by utilizing 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 worth. 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.).

 

Financing expenses at Plus500
With Plus500 you have the choice to trade on margin. Due to the fact that you can trade on margin, you do not need to put in the full amount of the trading position yourself. Nevertheless, you do have to pay a premium for this.

With each security you will see the over night financing buy and the overnight funding offer costs. Sometimes, you actually receive a premium for brief positions. We compared Plus500 with other celebrations for this review and the funding costs were reasonably low. Still, it is important to bear in mind that Plus500 is not really appropriate for long-term trading because of the funding costs you have to pay daily. Plus500 Interim Results.

 

Other costs on Plus500
We have thoroughly examined the costs for this evaluation, and we have not found any frustrating hidden expenses. However, you should guarantee that you visit to the platform at least when every 3 months. If you do not do this, expenses for inactivity will be charged. This holds true with most brokers.

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

 

You can check all Fees here:

Plus500 is mainly compensated for its services through the “market spread”. For example, 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 company who likewise charge commissions on each trade, Plus500 does not charge dealing commissions. Plus500 Interim Results.

The following additional costs may be applied:

Overnight Financing – The overnight financing amount is either added to or subtracted from your account when holding a position after a certain time (the “Overnight Financing Time”).
The overnight financing time and the everyday over night funding percentage can be found in the “Details” link beside the instrument’s name on the main 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 Fee will presently depend on 0.7% of the trade’s realised internet earnings and loss and shown in real time into the unrealised net profit and loss of an employment opportunity.

Lack of exercise Charge – A fee of as much as USD 10 per month will be levied, ought to you not visit to your trading represent a period of at least three months. This charge will be charged once a month from that minute onwards, as long as no login is made to the account. The lack of exercise fee will be equal to the lesser of the remaining offered balance in your account or USD 10 (or equivalent depending on your currency). This is to balance out the cost sustained in making the service readily available, even though it has not been utilized. Please note that the charge is just collected from the Genuine Cash account and just when there are enough readily available funds in the account. In order to avoid this cost, simply log into your trading account from time to time, as this is deemed sufficient activity to prevent a cost from being charged.

Surefire Stop Order – if you choose this feature, please note that as it guarantees that your position (trade) closes at a particular requested rate (price), the trade is subject to a wider 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 post about the costs on Plus500, we take a closer look at the numerous expenses you pay when you trade with Plus500.

Plus500 Interim Results

Software & possibilities
When you start trading, we understand that you obviously also wish to use a great software package. With Plus500 trading is primarily done by means of the online WebTrader. An excellent advantage of the WebTrader is the accessibility: you can visit to the platform at any time and from any location 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 find the CFD in which you want to trade. New consumers will therefore not have to search long for buy & sell buttons on Plus500. Plus500 Interim Results.

 

Opening a trade
Opening a trade with Plus500 is rather simple. It is necessary to keep in mind that with Plus500 you always sell CFDs. With Plus500 you never directly trade in a share. The only thing that determines your result is the distinction in between the rate at which you open and close the position.

When you open a position, you have 2 options. You can buy the CFD or you can go short on the CFD. When you buy the CFD you get a favorable outcome with a rising price and when you offer the CFD you get a favorable outcome with a falling price. Since you use take advantage of there is a high risk of losing money quickly due to leverage.

 

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

 

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

Plus500 Interim Results

In the order screen you can get in the amount you wish 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 secure you trades when you have to go out. Plus500 Interim Results.

It is also possible to put an order with Plus500. You do this by going into a price at which you instantly open the CFD position. By utilizing orders, you can attain even much better trading results.

Plus500 Interim Results

 

Take advantage of
With Plus500 you have the alternative to apply a take advantage of. With a lever you can take a larger position with the same amount of cash. Both your possible earnings and your possible loss increase when you apply leverage. With each security you can instantly see what the maximum take advantage of is that you can apply.

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

 

Mobile application
On Plus500 you can also trade with the mobile application they offer. The mobile application is less extensive than the WebTrader. You can carry out less comprehensive analyses with it. However, it is useful to also set up the mobile application. With the app you can get warnings when the rate of a security reaches a particular worth.

The mobile application is really easy to use and it is good to adjust your orders when market conditions change considerably. The mobile application is therefore a strong point in our review of the Plus500 platform.

Plus500 Interim Results

Trading options at Plus500
In this part of the review we will talk about the different kinds of securities you can trade in with Plus500.

Forex
With Plus500 you can sell CFDs on Forex. When you trade in Forex, you hypothesize on cost modifications in currency sets. You can for example 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 sorted by country, so you can quickly discover a share to trade.

Commodities
It’s also possible to sell products by utilizing CFDs. The most popular commodity for trading is oil. You can typically use a maximum leverage of as much as 1:20 to investments in raw materials. When you sell gold you can use a leverage of 1:20.

Options
On Plus500 you can likewise trade in CFDs on choices. Options typically move strongly: an option can in some cases rise or fall in value by tens of percent. With CFDs you can apply an utilize of up to 1:20 to choices, which further increases your prospective gains or losses.

Indices or ETFs
On Plus500 you can also trade in CFDs on popular 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 well-known cryptocurrencies. Cryptocurrencies are really unstable and it can therefore be interesting to actively hypothesize on their price advancements. One of the most popular cryptocurrencies to trade in is the Bitcoin. (” Instrument accessibility subject to guidelines”). Plus500 Interim Results.


Conclusion on the trading options at Plus500

Plus500 has a wide variety of tradable CFD securities. Even reasonably unknown regional stocks can frequently be found on the Plus500 platform. This makes Plus500 an attractive broker for investors from all nations. My experience with Plus50 has for that reason been extremely favorable.

 

Support & research
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 options. You can draw horizontal levels to show price levels where the market typically moves in the opposing direction.

Plus500 Interim Results

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

Plus500 Interim Results

The technical analysis choices within the Plus500 software application are extensive. It is bothersome that you can not conserve several graphs. This means that you have to repeat the evaluates frequently. Expert financiers would need to download other programs to perform more complex analyses.

 

Research and education
In this review we can be quick about the possibilities of research study and education: at Plus500 these alternatives are completely missing. There are no courses or webinars readily available at Plus500. This is a downside for people who join Plus500 to learn how to trade better.

It works that you get a notification within the Plus500 software application when interesting advancements occur. When the rate of, for example, oil falls sharply, you will get an alert of this occasion. You can then choose for yourself whether you want to take a position on the marketplace advancement. Plus500 Interim Results.

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

 

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

It is advised to call client service via live chat. You can utilize the live chat button within the Plus500 WebTrader. By utilizing the live chat, your issues can be resolved almost right away.

It is likewise possible to email Plus500. Mails are often addressed within a day. It is a pity that no telephone number is offered. This makes it difficult to speak directly to somebody. Due to the fast processing time, Plus500 still scores sufficiently in regards to client service. Plus500 Interim Results.

Plus500 Interim Results

 

Security & reliability
Prior to you transfer money with a company, you naturally want to know that it is completely protected to do so. In this part of the evaluation, we take a look at how trustworthy Plus500 is.

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

  • Plus500UK Ltd licensed & managed 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), certified by: ASIC in Australia, AFSL # 417727, FMA in New Zealand, FSP # 486026; licensed monetary supplier in South Africa, FSP # 47546.

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

Plus500 has actually likewise set a number of extra rules to ensure that your cash is as secure as possible on Plus500. Listed below you can find an overview of these measurements:

Plus500 Interim Results

Plus500 will never speculate with consumers’ cash. All funds are stored in a different checking account, which means that this money is protected when unanticipated things happen with Plus500. And last but not least, on Plus500 you are secured versus an unfavorable balance, since he Unfavorable balance protection is a regulatory requirement for all EU brokers. So when you trade with Plus500, you can never be entrusted a residual debt. Plus500 Interim Results.

 

Conclusion reliability
Plus500 is 100% no scam. Plus500 safely manages consumer properties. The company is also supervised. Plus500 has been around given that 2008 and is even listed on the London stock market. These are all great indications that Plus500 is dependable and we have actually pertained to that conclusion ourselves.

Plus500 Interim Results

About the company
Plus500 was founded in 2008 and has actually grown strongly since then. Plus500 is active in more than 30 nations and served more than 200,000 active clients in 2019. Plus500 carried out over 35 million deals with a value of over $1,000 billion in one year. The headquarters of the business can be found in Israel, however they have opened a number of additional workplaces in other nations. Do you want to know more about the Plus500 company? In this post you will discover whatever you need to know!

Plus500 Interim Results

Conclusion evaluation Plus500
Plus500 is one of the very best CFD brokers. With Plus500 you can actively trade CFDs on all known 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 altering market conditions by placing orders on both rising and falling prices. Plus500 Interim Results.

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

 

–>> Open Demo Account here <<–

79% of retail CFD accounts lose money