Plus500 Phone Number

Plus500 Evaluation: our experience with this broker – Plus500 Phone Number
Plus500 is an online broker where you can speculate with CFDs on cryptocurrencies (Instrument accessibility subject to policies), Forex and stocks. In this extensive review, 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 Phone Number.

Plus500 Phone Number

Advantage Plus500

  • At Plus500 you can speculate on price advancements at low rates.
  • You can trade in a comprehensive variety of CFD shares.
  • It is possible to attempt Plus500 for free with a demo.
  • On Plus500 you can use the easy to use web trader.
  • Plus500 provides its services in more than 30 various languages.
  • On Plus500 you can begin trading from $100. Plus500 Phone Number.

 

Drawbacks Plus500

  • Plus500 does not provide advanced software application for expert traders.
  • You can not discover extensive analyses within the platform.
  • Plus500 customer care is not readily available by phone.
  • On Plus500 you can only sell CFDs.

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

–>> Open Demo Account here <<–

Plus500 Phone Number

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 cash?
  • Costs: how much does trading cost on Plus500?
  • Functionalities: what are the possibilities of the software?
  • Trading choices: in what securities you trade on Plus500?
  • Support: what support do you get when trading?
  • Client service: what is the quality of the costumer service? (costumer-service).
  • Dependability: Is this broker dependable? (reliability).
  • Details: more details about Plus500 (information).
  • Conclusion: the verdict of the Plus500 evaluation (conclusion).

 

Opening an account with Plus500
To do this you must first check out the Plus500 website. Click on this link * to open the Plus500 website. To develop 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 immediately start trading. Plus500 Phone Number.

Plus500 Phone Number

Plus500 accepts consumers from the majority of nations. 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 review, we for that reason provide Plus500 a favorable score for opening an account. Plus500 Phone Number.

 

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

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

Prior to your deposit can be processed, you should validate your identity. Plus500 must comply with legislation and can only get validated clients. By confirming new costumers, Plus500 avoids clients from using the account for money laundering.

Plus500 Phone Number

We’ve gone through the entire procedure and submitted the needed files. Our account was approved and launched by Plus500 within an hour. After verifying the identity of your account, you do not need to do it once again. The length of this process depends on your personal scenario 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 moving the cash to your savings account or PayPal account. The transfer is made rapidly and the money will remain in your account within a few days. Plus500 Phone Number.

Plus500 Phone Number

 

On Plus500 there are no extra costs for transferring and withdrawing money. This is a huge advantage of the broker Plus500: many other brokers charge a little fee for withdrawing cash. Traders can take advantage of up to 5 complimentary withdrawals a month, after which a cost will be sustained.

–>> Open Demo Account here <<–

Plus500 Phone Number

Review of the costs of Plus500
When you begin trading with Plus500, you certainly do not want a large part of your money to be lost to high deal costs. In this part of the evaluation, we take a detailed look at the charges of trading with Plus500. Listed below we quickly take a look at which costs Plus500 hands down to its customers.

 

Spread
With Plus500 you pay a spread over every transaction. The spread is the difference between the buy and sell cost of a CFD. Plus500 uses 2 spread mechanisms for its instruments: Dynamic spread which is constantly changed according to the market spread throughout the period a position is open vs. a Spread which does not normally change in line with general market changes while a position is open, but when the marketplace is volatile and illiquid, may change to a brand-new level so that the underlying market conditions are much better shown. However, Plus500 intends to provide the tightest possible spreads at all times. Plus500 Phone Number.

 

Forex costs on Plus500
On Plus500 you can sell various currency pairs. At the time of composing, you are paying 0.6 pips in deal charges on the pair of EUR/ USD. We compared these costs with those of other providers and concluded that these costs are comparable to those of other brokers. (We have actually extracted 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 evaluation it emerged that at Plus500 you can trade against reasonably 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 beneficial at Plus500. (We have actually extracted these information on the 2th of June 14:00.).

 

Share expenses 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 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.).

 

Financing costs 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 sell expenses. In some cases, you really receive a premium for brief positions. We compared Plus500 with other celebrations for this review and the funding costs were relatively low. Still, it is important to remember that Plus500 is not very appropriate for long-lasting trading because of the financing charges you have to pay on a daily basis. Plus500 Phone Number.

 

Other expenses on Plus500
We have actually thoroughly examined the expenses for this review, and we have not discovered any irritating covert expenses. You need to ensure that you log in to the platform at least once every 3 months. If you do not do this, costs for inactivity 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 wise to withdraw the money from your account.

 

You can inspect all Costs 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 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 Phone Number.

The following additional charges might be used:

Overnight Financing – The overnight funding quantity 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 day-to-day overnight financing percentage can be found in the “Details” 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 internet profit and loss and reflected in real time into the unrealised net profit and loss of an open position.

Lack of exercise Cost – A charge of up to USD 10 each month will be levied, should you not visit to your trading represent a period of a minimum of three months. This charge will be charged as soon as a month from that moment onwards, as long as no login is made to the account. The inactivity fee will be equal to the lesser of the staying offered balance in your account or USD 10 (or comparable depending on your currency). This is to balance out the expense sustained in making the service readily available, although it has not been utilized. Nevertheless, please note that the fee is just collected from the Genuine Money account and just when there suffice offered funds in the account. In order to avoid this cost, merely log into your trading account from time to time, as this is deemed enough activity to prevent a cost from being charged.

Guaranteed Stop Order – if you pick this feature, please note that as it guarantees that your position (trade) closes at a specific requested rate (cost), the trade undergoes a larger spread.

 

Conclusion Plus500 fees
The costs 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 expenses on Plus500, we take a closer look at the various costs you pay when you trade with Plus500.

Plus500 Phone Number

Software application & possibilities
When you start trading, we understand that you naturally also wish to use a great software package. With Plus500 trading is mainly done through the online WebTrader. A terrific benefit of the WebTrader is the ease of access: you can visit to the platform at any time and from any location to open or close a position.

What stuck 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 wish for purchase & sell buttons on Plus500. Plus500 Phone Number.

 

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 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 favorable result with a rising price and when you offer the CFD you get a positive result with a falling rate. Considering that you utilize take advantage of there is a high risk of losing money rapidly due to utilize.

 

The alternative to speculate on a decreasing rate is a significant advantage within the Plus500 platform. The alternative to brief sell increases your versatility and makes it possible to react to different market scenarios.

 

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

Plus500 Phone Number

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

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

Plus500 Phone Number

 

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

The existence of a leverage is an advantage in the review of Plus500. You can always decide to invest with smaller sized quantities if you wish to reduce your risk.

 

Mobile application
On Plus500 you can also trade with the mobile application they use. The mobile application is less substantial than the WebTrader. You can perform less comprehensive analyses with it. Nonetheless, it works to also install the mobile application. With the app you can receive cautions when the price of a security reaches a particular value.

The mobile application is extremely user-friendly and it is excellent to change your orders when market conditions alter considerably. The mobile application is therefore a strength in our review of the Plus500 platform.

Plus500 Phone Number

Trading options at Plus500
In this part of the review we will go over the different kinds of securities you can sell with Plus500.

Forex
With Plus500 you can trade in CFDs on Forex. When you trade in Forex, you hypothesize on cost changes in currency pairs. You can for instance place a trade on the development of the euro against the dollar.

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

Products
It’s likewise possible to trade in commodities by using CFDs. The most popular commodity for trading is oil. You can typically apply an optimum utilize of approximately 1:20 to investments in basic materials. When you trade in gold you can apply a leverage of 1:20.

Options
On Plus500 you can also trade in CFDs on options. Choices frequently move highly: an option can in some cases rise or fall in value by 10s of percent. With CFDs you can apply a leverage of approximately 1:20 to choices, which even more increases your possible gains or losses.

Indices or ETFs
On Plus500 you can likewise 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 likewise trade with CFDs in the most well-known cryptocurrencies. Cryptocurrencies are very volatile and it can therefore be interesting to actively speculate on their rate advancements. One of the most popular cryptocurrencies to sell is the Bitcoin. (” Instrument accessibility subject to guidelines”). Plus500 Phone Number.


Conclusion on the trading options at Plus500

Plus500 has a large range of tradable CFD securities. Even reasonably unknown local stocks can often be discovered on the Plus500 platform. This makes Plus500 an appealing broker for financiers from all countries. My experience with Plus50 has actually for that reason been extremely positive.

 

Assistance & 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 application you can utilize various drawing alternatives. You can draw horizontal levels to indicate price levels where the market often moves in the opposing instructions.

Plus500 Phone Number

You can also add technical indicators on the chart. The range of technical indicators at Plus500 is huge. You can pick from more than 100 different alternatives. It is a good idea to use technical indicators. By utilizing technical signs, you can execute much better analyses.

Plus500 Phone Number

The technical analysis choices within the Plus500 software application are comprehensive. It is inconvenient that you can not save several charts. This implies that you have to repeat the examines routinely. Expert investors would need 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 and education: at Plus500 these choices are entirely missing out on. There are no courses or webinars readily available at Plus500. This is a downside for people who sign up with Plus500 to find out how to trade better.

It is useful that you get a notification within the Plus500 software when fascinating developments take place. When the price of, for instance, oil falls dramatically, you will receive an alert of this event. You can then choose for yourself whether you wish to take a position on the marketplace development. Plus500 Phone Number.

Within the Plus500 software application you can also see how other users sell a security. By looking at the positions other traders take, you can see whether there are more buyers or sellers. Other essential 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 support
Plus500 has a thorough and quick customer support that is available in more than 30 languages. Your problems can be solved quickly in your language.

It is advised to contact customer support by means of live chat. You can utilize the live chat button within the Plus500 WebTrader. By using the live chat, your problems can be resolved nearly right away.

It is likewise possible to email Plus500. Mails are frequently addressed within a day. It is a pity that no phone number is offered. This makes it impossible to speak directly to someone. Due to the fast processing time, Plus500 still ratings adequately in terms of customer care. Plus500 Phone Number.

Plus500 Phone Number

 

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

Guideline
Supervisors make sure that brokers comply with the guidelines. Plus500 is monitored by:

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

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

Plus500 has likewise set several additional guidelines to ensure that your cash is as secure as possible on Plus500. Below you can find an introduction of these measurements:

Plus500 Phone Number

Plus500 will never ever speculate with clients’ money. All funds are stored in a different bank account, which indicates that this money is protected when unanticipated things occur with Plus500. And last but not least, on Plus500 you are secured versus an unfavorable balance, since he Unfavorable balance protection is a regulative requirement for all EU brokers. When you trade with Plus500, you can never be left with a residual financial obligation. Plus500 Phone Number.

 

Conclusion dependability
Plus500 is 100% no rip-off. Plus500 safely manages customer properties. The company is likewise supervised. Plus500 has been around considering that 2008 and is even noted on the London stock market. These are all excellent signs that Plus500 is trusted and we have actually concerned that conclusion ourselves.

Plus500 Phone Number

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 customers in 2019. Plus500 performed over 35 million transactions with a value of over $1,000 billion in one year. The headquarters of the company can be found in Israel, but they have opened several additional workplaces in other countries. Do you want to know more about the Plus500 business? In this post you will find everything you need to understand!

Plus500 Phone Number

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 easy to use software application. On Plus500 you can trade at low rates. You likewise have the chance to respond to changing market conditions by placing orders on both rising and falling costs. Plus500 Phone Number.

Do you want to discover how Plus500 works? Then right away open a complimentary demo-account by pushing 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