Plus500 Software Download

Plus500 Review: our experience with this broker – Plus500 Software Download
Plus500 is an online broker where you can hypothesize with CFDs on cryptocurrencies (Instrument availability subject to regulations), Forex and stocks. In this extensive evaluation, we share our experiences with this broker. In our test, Plus500 emerged as an user-friendly broker where you can respond to the latest market developments at low rates. Plus500 Software Download.

Plus500 Software Download

Advantage Plus500

  • At Plus500 you can speculate on rate advancements at low rates.
  • You can sell a comprehensive series of CFD shares.
  • It is possible to try 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 begin trading from $100. Plus500 Software Download.

 

Downsides Plus500

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

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

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

Plus500 Software Download

We go over the following topics in the Plus500 review:

  • Open account: how can you open an account with Plus500?
  • Deposit cash: how can you deposit and withdraw cash?
  • Expenses: how much does trading expense on Plus500?
  • Functionalities: what are the possibilities of the software?
  • Trading alternatives: in what securities you trade on Plus500?
  • Assistance: what support do you get when trading?
  • Costumer service: what is the quality of the client service? (costumer-service).
  • Reliability: Is this broker reputable? (reliability).
  • Info: more information about Plus500 (details).
  • Conclusion: the decision 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 site. To produce a free demonstration account, you simply have to select an email address and a password. It is likewise possible to log in with your Facebook or Google account. After you have actually left this details, you can instantly begin trading. Plus500 Software Download.

Plus500 Software Download

Plus500 accepts consumers from many countries. However, there are also citizenships that are not admitted 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 for that reason provide Plus500 a favorable score for opening an account. Plus500 Software Download.

 

Deposit & withdraw cash
When you have actually ended up being acquainted with the Plus500 platform, you can switch to a real 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

Prior to your deposit can be processed, you need to confirm your identity. Plus500 should adhere to legislation and can just receive verified clients. By verifying new clients, Plus500 avoids costumers from using the represent money laundering.

Plus500 Software Download

We have actually gone through the entire process and published the required documents. Our account was authorized and released by Plus500 within an hour. After confirming the identity of your account, you do not have to do it once again. The length of this process depends upon your personal circumstance and can be various for each costumer.

 

Withdraw cash
You can withdraw the money into your account at any time. You can do this by moving the money to your savings account or PayPal account. The transfer is made quickly and the cash will remain in your account within a couple of days. Plus500 Software Download.

Plus500 Software Download

 

On Plus500 there are no additional expenses for transferring and withdrawing cash. This is a big advantage of the broker Plus500: numerous other brokers charge a small fee for withdrawing cash. Traders can take advantage of up to 5 complimentary withdrawals a month, after which a charge will be sustained.

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

Plus500 Software Download

Review of the costs of Plus500
When you begin trading with Plus500, you undoubtedly do not desire a large part of your money to be lost to high transaction costs. In this part of the evaluation, we take an in-depth look at the costs of trading with Plus500. Below we quickly analyze which costs Plus500 hands down to its consumers.

 

Spread
With Plus500 you pay a spread over every deal. The spread is the distinction in between the buy and sell price of a CFD. Plus500 uses 2 spread systems for its instruments: Dynamic spread which is constantly adjusted according to the market spread out during the duration a position is open vs. a Spread which does not usually alter in line with general market variations while a position is open, however when the market is volatile and illiquid, may change to a new level so that the underlying market conditions are better shown. Plus500 aims to provide the tightest possible spreads at all times. Plus500 Software Download.

 

Forex expenses on Plus500
On Plus500 you can sell different currency sets. At the time of writing, 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 expenses are comparable to those of other brokers. (We have actually extracted these data on the 2th of June 14:00.).

 

Cryptocurrency costs on Plus500
On Plus500 you can likewise trade in cryptocurrencies such as Bitcoin. In our evaluation it emerged that at Plus500 you can trade versus fairly advantageously fees 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 fairly beneficial at Plus500. (We have actually drawn out these information on the 2th of June 14:00.).

 

Share expenses on Plus500
At Plus500 you can likewise sell shares by using 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 value. Trading CFD Tesla shares is for that reason possible at a low cost. (Please note that this is a picture on April 20, 2020 at 13:00.).

 

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

With each security you will see the over night financing buy and the over night financing sell costs. In some cases, you really get a premium for short positions. We compared Plus500 with other celebrations for this evaluation and the funding expenses were fairly low. Still, it is essential to remember that Plus500 is not really ideal for long-lasting trading because of the financing fees you need to pay on a daily basis. Plus500 Software Download.

 

Other costs on Plus500
We have actually extensively investigated the expenses for this evaluation, and we have not found any annoying surprise expenses. However, you need to make sure that you visit to the platform at least once every three 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 wise to withdraw the cash from your account.

 

You can inspect all Charges here:

Plus500 is mainly made up 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 indicates 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 Software Download.

Nevertheless, the following extra charges might be used:

Overnight Funding – The overnight funding quantity is either contributed to or subtracted from your account when holding a position after a certain time (the “Overnight Funding Time”).
The overnight financing time and the everyday over night funding portion can be discovered in the “Particulars” link next to 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 different to the currency of your account.
The Currency Conversion Charge will presently depend on 0.7% of the trade’s understood internet profit and loss and reflected in real time into the unrealised net earnings and loss of an open position.

Lack of exercise Charge – A cost of approximately USD 10 each month will be levied, must you not log in to your trading represent a duration of at least three 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 cost will be equal to the lower of the remaining offered balance in your account or USD 10 (or comparable depending upon your currency). This is to balance out the expense sustained in making the service available, although it has not been utilized. However, please note that the fee is just collected from the Genuine Money account and just when there suffice available 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.

Surefire Stop Order – if you pick this feature, please note that as it guarantees that your position (trade) closes at a particular requested rate (rate), the trade goes through a larger spread.

 

Conclusion Plus500 charges
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 costs on Plus500, we take a closer look at the different costs you pay when you trade with Plus500.

Plus500 Software Download

Software application & possibilities
When you begin trading, we understand that you naturally also want to use a great software package. With Plus500 trading is generally done via the online WebTrader. A great benefit of the WebTrader is the availability: 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 rapidly discover the CFD in which you want to trade. New clients will therefore not have to browse long for purchase & offer buttons on Plus500. Plus500 Software Download.

 

Opening a trade
Opening a trade with Plus500 is rather uncomplicated. It is very important to remember that with Plus500 you always sell CFDs. With Plus500 you never directly trade in a share. The only thing that determines your outcome is the difference in between the cost at which you open and close the position.

When you open a position, you have two choices. You can buy the CFD or you can go short on the CFD. When you purchase the CFD you get a favorable result with a rising cost and when you sell the CFD you get a positive outcome with a falling cost. Since you use utilize there is a high threat of losing money quickly due to utilize.

 

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

 

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

Plus500 Software Download

In the order screen you can go into the quantity you wish to trade with. You also have the alternative to automatically open or close the position after a specific cost has been reached. This makes it possible to safeguard you trades when you need to go out. Plus500 Software Download.

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

Plus500 Software Download

 

Take advantage of
With Plus500 you have the choice to apply a leverage. With a lever you can take a bigger position with the very same amount of money. Both your potential revenue and your possible loss boost when you apply take advantage of. With each security you can immediately see what the maximum take advantage of is that you can use.

The existence of a take advantage of is a benefit in the evaluation of Plus500. You can always choose to invest with smaller amounts if you wish to lower your threat.

 

Mobile application
On Plus500 you can likewise trade with the mobile application they offer. The mobile application is less extensive than the WebTrader. You can carry out less substantial analyses with it. It is useful to likewise set up the mobile application. With the app you can receive warnings when the cost of a security reaches a certain value.

The mobile application is very user-friendly and it is good to adjust your orders when market conditions alter substantially. The mobile application is for that reason a strong point in our evaluation of the Plus500 platform.

Plus500 Software Download

Trading options at Plus500
In this part of the review we will discuss 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 changes in currency sets. You can for example place a trade on the advancement of the euro against the dollar.

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

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

Options
On Plus500 you can likewise sell CFDs on choices. Options often move highly: a choice can sometimes increase or fall in value by tens of percent. With CFDs you can use an utilize of up to 1:20 to options, which even more increases your prospective gains or losses.

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


Cryptocurrencies

At Plus500 you can likewise trade with CFDs in the most famous cryptocurrencies. Cryptocurrencies are very unpredictable and it can for that reason be interesting to actively speculate on their price developments. One of the most popular cryptocurrencies to sell is the Bitcoin. (” Instrument availability subject to guidelines”). Plus500 Software Download.


Conclusion on the trading alternatives at Plus500

Plus500 has a wide variety of tradable CFD securities. Even fairly unknown local stocks can typically be discovered on the Plus500 platform. This makes Plus500 an appealing broker for investors from all nations. My experience with Plus50 has therefore been very favorable.

 

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

 

Technical analyses
At Plus500 you can perform technical analyses on the charts. Within the software you can use different illustration choices. You can draw horizontal levels to indicate price levels where the market frequently moves in the opposing instructions.

Plus500 Software Download

You can also add technical indications on the chart. The variety of technical indications at Plus500 is enormous. You can choose from more than 100 various alternatives. It is a good idea to use technical signs. By utilizing technical signs, you can execute better analyses.

Plus500 Software Download

The technical analysis options within the Plus500 software application are substantial. It is troublesome that you can not save numerous charts. This indicates that you need to duplicate the examines regularly. Expert investors would have to download other programs to carry out more complex analyses.

 

Research and education
In this evaluation we can be quick about the possibilities of research study and education: at Plus500 these choices are entirely missing out on. There are no courses or webinars offered at Plus500. This is a disadvantage for people who join Plus500 to learn how to trade better.

It works that you receive a notification within the Plus500 software when interesting advancements happen. When the cost of, for example, oil falls dramatically, you will receive an alert of this event. You can then choose for yourself whether you want to take a position on the market development. Plus500 Software Download.

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

 

Client service
Plus500 has an extensive and fast customer support that is offered in more than 30 languages. Your problems can be solved quickly in your language.

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

It is also possible to email Plus500. Mails are typically responded to within a day. It is a pity that no telephone number is available. This makes it difficult to speak directly to someone. Due to the quick processing time, Plus500 still ratings adequately in terms of customer service. Plus500 Software Download.

Plus500 Software Download

 

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

Policy
Supervisors ensure that brokers abide by the rules. Plus500 is supervised by:

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

Security of your deposits
Depending on your citizenship, you take pleasure in extra security if Plus500 goes bankrupt. This is done through a so-called investor defense fund. All customer funds are kept in a segregated client bank account in accordance with the Cyprus Securities and Exchange Commission’s (CySEC).

Plus500 has actually also set several additional rules to ensure that your cash is as safe and secure as possible on Plus500. Below you can discover an introduction of these measurements:

Plus500 Software Download

Plus500 will never ever hypothesize with consumers’ money. All funds are kept in a different bank account, which implies that this cash is secure when unforeseen things occur with Plus500. And lastly, on Plus500 you are safeguarded versus a negative balance, because he Negative balance security is a regulative requirement for all EU brokers. So when you trade with Plus500, you can never ever be entrusted a recurring debt. Plus500 Software Download.

 

Conclusion reliability
Plus500 is 100% no scam. Plus500 safely manages consumer assets. The company is likewise monitored. Plus500 has actually been around because 2008 and is even noted on the London stock exchange. These are all good indications that Plus500 is dependable and we have pertained to that conclusion ourselves.

Plus500 Software Download

About the business
Plus500 was founded in 2008 and has grown strongly ever since. Plus500 is active in more than 30 countries and served more than 200,000 active customers in 2019. Plus500 executed over 35 million transactions with a worth of over $1,000 billion in one year. The headquarters of the business can be discovered in Israel, but they have actually opened several extra workplaces in other countries. Do you need to know more about the Plus500 company? In this post you will discover everything you require to know!

Plus500 Software Download

Conclusion review Plus500
Plus500 is one of the best CFD brokers. With Plus500 you can actively trade CFDs on all known shares and cryptocurrencies by utilizing the easy to use software application. On Plus500 you can trade at low rates. You likewise have the chance to react to altering market conditions by positioning orders on both fluctuating rates. Plus500 Software Download.

Do you wish to find how Plus500 works? Right away open a free demo-account by pushing the button listed below:

 

–>> Open Demo Account here <<–

79% of retail CFD accounts lose money