Plus500 Limited Time Promotions

Plus500 Review: our experience with this broker – Plus500 Limited Time Promotions
Plus500 is an online broker where you can speculate with CFDs on cryptocurrencies (Instrument schedule subject to guidelines), Forex and stocks. In this comprehensive 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 advancements at low rates. Plus500 Limited Time Promotions.

Plus500 Limited Time Promotions

Benefit Plus500

  • At Plus500 you can hypothesize on cost developments at low rates.
  • You can sell an extensive range of CFD shares.
  • It is possible to try Plus500 for free with a demo.
  • On Plus500 you can use the user-friendly web trader.
  • Plus500 provides its services in more than 30 different languages.
  • On Plus500 you can begin trading from $100. Plus500 Limited Time Promotions.

 

Downsides Plus500

  • Plus500 does not offer sophisticated software for expert traders.
  • You can not find extensive analyses within the platform.
  • Plus500 client 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 demonstration completely free of charge and without danger? Use the button below to open a demo account with this broker:

–>> Open Demo Account here <<–

Plus500 Limited Time Promotions

We go over 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 money?
  • Costs: how much does trading cost on Plus500?
  • Performances: what are the possibilities of the software?
  • Trading alternatives: in what securities you trade on Plus500?
  • Support: what support do you receive when trading?
  • Customer service: what is the quality of the customer service? (costumer-service).
  • Reliability: Is this broker trusted? (reliability).
  • Details: more information about Plus500 (details).
  • Conclusion: the decision of the Plus500 evaluation (conclusion).

 

Opening an account with Plus500
To do this you should first visit the Plus500 website. Click on this link * to open the Plus500 website. To create a free demonstration account, you simply have to select an e-mail address and a password. It is likewise possible to log in with your Facebook or Google account. After you have left this information, you can right away begin trading. Plus500 Limited Time Promotions.

Plus500 Limited Time Promotions

Plus500 accepts consumers from a lot of countries. There are also nationalities 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 evaluation, we therefore provide Plus500 a positive ranking for opening an account. Plus500 Limited Time Promotions.

 

Deposit & withdraw money
When you have 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 money into your account by using one of these methods:

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

Before your deposit can be processed, you should confirm your identity. Plus500 needs to comply with legislation and can just receive confirmed clients. By confirming new costumers, Plus500 prevents clients from utilizing the represent money laundering.

Plus500 Limited Time Promotions

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

 

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

Plus500 Limited Time Promotions

 

On Plus500 there are no extra expenses for transferring and withdrawing money. This is a huge advantage of the broker Plus500: numerous other brokers charge a little cost for withdrawing money. Traders can take advantage of approximately 5 totally free withdrawals a month, after which a charge will be incurred.

–>> Open Demo Account here <<–

Plus500 Limited Time Promotions

Review of the costs of Plus500
When you begin trading with Plus500, you undoubtedly do not desire a large part of your cash to be lost to high transaction costs. In this part of the evaluation, we take a comprehensive take a look at the charges of trading with Plus500. Listed below we quickly analyze which costs Plus500 hands down to its customers.

 

Spread
With Plus500 you pay a spread over every deal. The spread is the difference between the buy and sell rate of a CFD. Plus500 uses 2 spread systems for its instruments: Dynamic spread which is constantly changed according to the marketplace spread out throughout the duration a position is open vs. a Spread which does not normally alter in line with general market variations while a position is open, but when the marketplace is volatile and illiquid, may alter to a brand-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 Limited Time Promotions.

 

Forex costs on Plus500
On Plus500 you can sell various currency sets. At the time of composing, you are paying 0.6 pips in deal charges on the pair of EUR/ USD. We compared these expenses with those of other suppliers and concluded that these costs 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 sell cryptocurrencies such as Bitcoin. In our review it emerged that at Plus500 you can trade versus fairly 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 agreement. Trading cryptocurrencies is therefore fairly helpful at Plus500. (We have drawn out these information on the 2th of June 14:00.).

 

Share expenses on Plus500
At Plus500 you can also 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 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.).

 

Funding expenses at Plus500
With Plus500 you have the choice to trade on margin. Because you can trade on margin, you do not need 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 overnight funding buy and the overnight financing offer costs. Sometimes, you actually get a premium for short positions. We compared Plus500 with other celebrations for this review and the financing expenses were fairly low. Still, it is necessary to remember that Plus500 is not extremely appropriate for long-lasting trading because of the financing fees you have to pay every day. Plus500 Limited Time Promotions.

 

Other expenses on Plus500
We have actually extensively examined the costs for this review, and we have not discovered any bothersome concealed expenses. Nevertheless, you must ensure that you log in to the platform at least as soon as every 3 months. If you do not do this, expenses 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 planning to trade for a while? Then it is wise to withdraw the cash from your account.

 

You can check all Costs here:

Plus500 is generally 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 implies a market spread of 0.6 pips, in this example). Unlike other company who also charge commissions on each trade, Plus500 does not charge dealing commissions. Plus500 Limited Time Promotions.

The following extra charges may be applied:

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

Currency Conversion Fee – Plus500 will charge a Currency Conversion Cost 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 understood web profit and loss and reflected in real time into the unrealised net profit and loss of an open position.

Inactivity Cost – A charge of approximately USD 10 monthly will be imposed, must you not log in to your trading account for a duration of a minimum of three months. This cost will be charged once a month from that minute onwards, as long as no login is made to the account. The inactivity cost will be equal to the lesser of the staying offered balance in your account or USD 10 (or equivalent depending upon your currency). This is to offset the expense incurred in making the service offered, despite the fact that it has actually not been used. Please note that the charge is only collected from the Real Money 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 considered sufficient activity to prevent a charge from being charged.

Guaranteed Stop Order – if you choose this feature, please note that as it ensures that your position (trade) closes at a specific requested rate (price), the trade undergoes a larger 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 numerous costs you pay when you trade with Plus500.

Plus500 Limited Time Promotions

Software & possibilities
When you start trading, we understand that you naturally also wish to utilize a great software package. With Plus500 trading is primarily done by means of the online WebTrader. An excellent benefit of the WebTrader is the accessibility: 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 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 wish to trade. New customers will for that reason not need to browse wish for purchase & sell buttons on Plus500. Plus500 Limited Time Promotions.

 

Opening a trade
Opening a trade with Plus500 is rather simple. It is necessary to bear in mind that with Plus500 you always sell CFDs. With Plus500 you never ever directly sell a share. The only thing that identifies your result is the difference in 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 purchase the CFD you get a positive result with an increasing price and when you sell the CFD you get a positive result with a falling rate. Since you use utilize there is a high risk of losing cash rapidly due to take advantage of.

 

The alternative to hypothesize on a declining price is a major advantage within the Plus500 platform. The choice to short sell increases your flexibility and makes it possible to respond to different market scenarios.

 

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

Plus500 Limited Time Promotions

In the order screen you can enter the amount you want to trade with. You also have the choice to instantly open or close the position after a specific price has actually been reached. This makes it possible to secure you trades when you need to go out. Plus500 Limited Time Promotions.

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

Plus500 Limited Time Promotions

 

Leverage
With Plus500 you have the option to apply a leverage. With a lever you can take a larger position with the exact same quantity of cash. Both your possible profit and your possible loss increase when you use leverage. With each security you can instantly see what the optimum take advantage of is that you can use.

The existence of a leverage is a benefit in the review of Plus500. You can always choose to invest with smaller amounts if you wish to decrease your danger.

 

Mobile application
On Plus500 you can also trade with the mobile application they use. The mobile application is less extensive than the WebTrader. You can carry out less extensive analyses with it. However, it is useful to also install the mobile application. With the app you can get warnings when the price of a security reaches a certain worth.

The mobile application is really easy to use and it is excellent to adjust your orders when market conditions change substantially. The mobile application is for that reason a strong point in our review of the Plus500 platform.

Plus500 Limited Time Promotions

Trading choices at Plus500
In this part of the review we will talk about 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 instance place a trade on the development of the euro versus the dollar.

Shares
On Plus500 you can also sell an extensive range 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 trade in commodities by using CFDs. The most popular commodity for trading is oil. You can frequently apply an optimum utilize of up to 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 likewise sell CFDs on choices. Choices typically move strongly: a choice can often increase or fall in worth by 10s of percent. With CFDs you can apply an utilize of as much as 1:20 to alternatives, 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 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 extremely unstable and it can therefore be interesting to actively hypothesize on their rate developments. Among the most popular cryptocurrencies to sell is the Bitcoin. (” Instrument schedule subject to guidelines”). Plus500 Limited Time Promotions.


Conclusion on the trading choices at Plus500

Plus500 has a vast array of tradable CFD securities. Even reasonably unknown local stocks can frequently be found on the Plus500 platform. This makes Plus500 an attractive broker for financiers from all nations. My experience with Plus50 has for that reason been very positive.

 

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

 

Technical analyses
At Plus500 you can carry out technical analyses on the graphs. Within the software you can use different illustration options. You can draw horizontal levels to suggest price levels where the market frequently relocates the opposing instructions.

Plus500 Limited Time Promotions

You can also include technical indications on the chart. The range of technical signs at Plus500 is enormous. You can select from more than 100 different options. It is wise to use technical signs. By using technical signs, you can carry out better analyses.

Plus500 Limited Time Promotions

The technical analysis choices within the Plus500 software application are substantial. Nevertheless, it is troublesome that you can not conserve several graphs. This suggests that you have to repeat the evaluates frequently. 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 options are entirely missing out on. There are no courses or webinars offered at Plus500. This is a drawback for individuals who join Plus500 to discover how to trade better.

It works that you receive an alert within the Plus500 software when interesting developments take place. When the rate of, for example, oil falls sharply, you will get an alert of this event. You can then decide for yourself whether you want to take a position on the marketplace advancement. Plus500 Limited Time Promotions.

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 fundamental information is missing out on with Plus500 platform. Plus500 does not score well in the field of research study and education in our viewpoint.

 

Customer care
Plus500 has an extensive and fast client service that is readily available in more than 30 languages. Your problems can be fixed quickly in your language.

It is recommended to call customer care through live chat. You can utilize the live chat button within the Plus500 WebTrader. By utilizing the live chat, your issues can be resolved nearly instantly.

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 impossible to speak straight to someone. Due to the quick processing time, Plus500 still ratings adequately in regards to customer service. Plus500 Limited Time Promotions.

Plus500 Limited Time Promotions

 

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

Policy
Supervisors make sure that brokers stick to the guidelines. Plus500 is monitored by:

  • Plus500UK Ltd licensed & regulated by the FCA (# 509909).
  • Plus500CY Ltd authorized & controlled 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 security if Plus500 goes bankrupt. This is done through a so-called financier defense fund. All customer funds are held in a segregated client checking account in accordance with the Cyprus Securities and Exchange Commission’s (CySEC).

Plus500 has actually likewise set numerous extra guidelines to guarantee that your money is as safe as possible on Plus500. Below you can find an overview of these measurements:

Plus500 Limited Time Promotions

Plus500 will never hypothesize with clients’ cash. All funds are stored in a separate savings account, which implies that this money is safe and secure when unforeseen things occur with Plus500. And last but not least, on Plus500 you are secured versus an unfavorable balance, due to the fact that he Unfavorable balance security is a regulatory requirement for all EU brokers. So when you trade with Plus500, you can never be left with a recurring financial obligation. Plus500 Limited Time Promotions.

 

Conclusion dependability
Plus500 is 100% no scam. Plus500 safely handles client possessions. The business is also supervised. Plus500 has actually been around because 2008 and is even listed on the London stock exchange. These are all excellent indicators that Plus500 is trustworthy and we have actually pertained to that conclusion ourselves.

Plus500 Limited Time Promotions

About the company
Plus500 was founded in 2008 and has grown strongly since then. Plus500 is active in more than 30 countries 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 head office of the company can be found in Israel, but they have opened a number of extra offices in other countries. Do you would like to know more about the Plus500 company? In this short article you will discover everything you need to know!

Plus500 Limited Time Promotions

Conclusion evaluation Plus500
Plus500 is one of the best CFD brokers. With Plus500 you can actively trade CFDs on all known shares and cryptocurrencies by using the easy to use software. On Plus500 you can trade at low rates. You likewise have the chance to react to altering market conditions by putting orders on both fluctuating rates. Plus500 Limited Time Promotions.

Do you want to discover how Plus500 works? Then right away open a totally free demo-account by pushing the button 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