Plus500 Windows App Download

Plus500 Review: our experience with this broker – Plus500 Windows App Download
Plus500 is an online broker where you can hypothesize with CFDs on cryptocurrencies (Instrument schedule subject to policies), Forex and stocks. In this extensive review, we share our experiences with this broker. In our test, Plus500 became an easy to use broker where you can respond to the most recent market advancements at low rates. Plus500 Windows App Download.

Plus500 Windows App Download

Benefit Plus500

  • At Plus500 you can hypothesize on price developments at low rates.
  • You can trade in a substantial series of CFD shares.
  • It is possible to try Plus500 for free with a demo.
  • On Plus500 you can use the easy to use web trader.
  • Plus500 uses its services in more than 30 various languages.
  • On Plus500 you can begin trading from $100. Plus500 Windows App Download.

 

Downsides Plus500

  • Plus500 does not offer advanced software application for professional traders.
  • You can not discover substantial analyses within the platform.
  • Plus500 customer support is not readily available by phone.
  • On Plus500 you can only sell CFDs.

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

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

Plus500 Windows App Download

We go over the following subjects in the Plus500 evaluation:

  • Open account: how can you open an account with Plus500?
  • Deposit money: how can you transfer and withdraw cash?
  • Expenses: just how much does trading expense on Plus500?
  • Performances: what are the possibilities of the software?
  • Trading choices: in what securities you trade on Plus500?
  • Assistance: what assistance do you get when trading?
  • Customer service: what is the quality of the customer service? (costumer-service).
  • Dependability: Is this broker dependable? (reliability).
  • Information: more details about Plus500 (information).
  • Conclusion: the verdict of the Plus500 evaluation (conclusion).

 

Opening an account with Plus500
To do this you need to first go to the Plus500 website. Click on this link * to open the Plus500 site. To develop a free demonstration account, you just have to choose an email address and a password. It is also possible to visit with your Facebook or Google account. After you have left this info, you can instantly begin trading. Plus500 Windows App Download.

Plus500 Windows App Download

Plus500 accepts clients from the majority of nations. There are also nationalities that are not confessed to Plus500. Traders from for example, 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 therefore provide Plus500 a favorable rating for opening an account. Plus500 Windows App Download.

 

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

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

Prior to your deposit can be processed, you need to verify your identity. Plus500 should adhere to legislation and can only get confirmed consumers. By confirming brand-new clients, Plus500 prevents customers from utilizing the represent cash laundering.

Plus500 Windows App Download

We have actually gone through the entire procedure and submitted the needed documents. Our account was approved and released by Plus500 within an hour. After confirming the identity of your account, you don’t need to do it again. The length of this procedure depends on your personal circumstance and can be various for each customer.

 

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

Plus500 Windows App Download

 

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

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

Plus500 Windows App Download

Evaluation 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 deal costs. In this part of the review, we take a detailed take a look at the fees of trading with Plus500. Listed below we briefly examine which costs Plus500 passes on to its clients.

 

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 changed according to the market spread out during the duration a position is open vs. a Spread which does not typically change in line with basic market changes while a position is open, but when the marketplace is unstable and illiquid, might alter to a new level so that the underlying market conditions are better shown. Plus500 intends to provide the tightest possible spreads at all times. Plus500 Windows App Download.

 

Forex costs on Plus500
On Plus500 you can sell various currency pairs. At the time of writing, you are paying 0.6 pips in transaction fees on the pair of EUR/ USD. We compared these costs with those of other suppliers and concluded that these expenses are comparable to those of other brokers. (We have actually extracted these information on the 2th of June 14:00.).

 

Cryptocurrency expenses on Plus500
On Plus500 you can likewise sell cryptocurrencies such as Bitcoin. In our review it emerged that at Plus500 you can trade versus relatively advantageously costs 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 for that reason reasonably beneficial at Plus500. (We have actually extracted these information on the 2th of June 14:00.).

 

Share costs on Plus500
At Plus500 you can also sell shares by utilizing 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 therefore possible at a low cost. (Please keep in mind that this is a photo on April 20, 2020 at 13:00.).

 

Funding expenses 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 have 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 overnight financing buy and the overnight financing offer costs. In many cases, you in fact receive a premium for brief positions. We compared Plus500 with other parties for this review and the financing costs were relatively low. Still, it is important to keep in mind that Plus500 is not really suitable for long-lasting trading because of the funding fees you have to pay every day. Plus500 Windows App Download.

 

Other costs on Plus500
We have extensively examined the costs for this review, and we have not discovered any irritating covert expenses. Nevertheless, you need to guarantee that you visit to the platform at least when every three months. If you do not do this, costs for inactivity will be charged. This is the case with many 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 examine all Costs here:

Plus500 is primarily 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 company who also charge commissions on each trade, Plus500 does not charge dealing commissions. Plus500 Windows App Download.

The following extra charges might be applied:

Overnight Funding – The overnight funding amount 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 daily overnight financing percentage can be found in the “Particulars” link beside the instrument’s name on the main screen of the platform.

Currency Conversion Charge – 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 understood net profit and loss and shown in real time into the unrealised net revenue and loss of an employment opportunity.

Lack of exercise Fee – A fee of as much as USD 10 each month will be imposed, must you not visit to your trading represent a period of a minimum of 3 months. This fee will be charged once a month from that moment onwards, as long as no login is made to the account. The lack of exercise charge will be equal to the lower of the remaining readily available balance in your account or USD 10 (or comparable depending upon your currency). This is to balance out the cost sustained in making the service available, despite the fact that it has actually not been utilized. However, please note that the cost is just gathered from the Genuine Money account and only when there suffice offered funds in the account. In order to avoid this charge, merely log into your trading account from time to time, as this is deemed adequate activity to prevent a fee from being charged.

Surefire Stop Order – if you pick this function, please note that as it ensures that your position (trade) closes at a particular requested rate (price), the trade is subject to a larger spread.

 

Conclusion Plus500 charges
The costs 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 different expenses you pay when you trade with Plus500.

Plus500 Windows App Download

Software application & possibilities
When you begin trading, we understand that you of course likewise wish to use a great software package. With Plus500 trading is mainly done by means of the online WebTrader. A great advantage 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 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 wish to trade. New consumers will for that reason not need to search wish for purchase & sell buttons on Plus500. Plus500 Windows App Download.

 

Opening a trade
Opening a trade with Plus500 is rather straightforward. It is necessary to remember that with Plus500 you always trade in CFDs. With Plus500 you never directly trade in a share. The only thing that identifies your result is the distinction between the price 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 offer the CFD you get a favorable result with a falling price. Since you utilize take advantage of there is a high danger of losing money quickly due to utilize.

 

The option to hypothesize on a decreasing cost is a major benefit within the Plus500 platform. The alternative to short sell increases your flexibility and makes it possible to respond to various market circumstances.

 

Kind of orders
With Plus500 you can immediately open an order. When you press purchase or sell you will see the screen below:

Plus500 Windows App Download

In the order screen you can get in the amount you want to trade with. You also have the alternative to instantly open or close the position after a certain cost has actually been reached. This makes it possible to protect you trades when you have to go out. Plus500 Windows App Download.

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

Plus500 Windows App Download

 

Leverage
With Plus500 you have the alternative to apply a leverage. With a lever you can take a bigger position with the very same quantity of money. Both your prospective profit and your potential loss boost when you apply leverage. With each security you can right away see what the maximum leverage is that you can apply.

The existence of a take advantage of is an advantage in the review of Plus500. You can always decide to invest with smaller sized quantities if you want to decrease your threat.

 

Mobile application
On Plus500 you can likewise trade with the mobile application they provide. The mobile application is less extensive than the WebTrader. You can carry out less substantial analyses with it. It is helpful to also install the mobile application. With the app you can get warnings when the rate of a security reaches a specific value.

The mobile application is very easy to use and it is great 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 Windows App Download

Trading alternatives at Plus500
In this part of the evaluation we will discuss the various kinds of securities you can trade in with Plus500.

Forex
With Plus500 you can sell CFDs on Forex. When you trade in Forex, you speculate on rate changes in currency sets. You can for example location a trade on the advancement of the euro versus the dollar.

Shares
On Plus500 you can also trade in an extensive range of CFD shares. The shares are nicely arranged by nation, so you can quickly find a share to trade.

Products
It’s also possible to sell products by using CFDs. The most popular product for trading is oil. You can typically use a maximum leverage of up to 1:20 to financial investments in basic materials. When you trade in gold you can apply a leverage of 1:20.

Options
On Plus500 you can also sell CFDs on alternatives. Alternatives often move strongly: an option can sometimes rise or fall in worth by tens of percent. With CFDs you can use a leverage of approximately 1:20 to options, which even more increases your potential gains or losses.

Indices or ETFs
On Plus500 you can likewise sell CFDs on popular indexes or ETFs. You can for instance 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 extremely unstable and it can for that reason be interesting to actively hypothesize on their rate developments. One of the most popular cryptocurrencies to sell is the Bitcoin. (” Instrument accessibility subject to policies”). Plus500 Windows App Download.


Conclusion on the trading choices at Plus500

Plus500 has a wide range of tradable CFD securities. Even relatively unknown local stocks can frequently be discovered on the Plus500 platform. This makes Plus500 an appealing broker for financiers from all nations. My experience with Plus50 has actually therefore been extremely favorable.

 

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

 

Technical analyses
At Plus500 you can perform technical analyses on the graphs. Within the software you can utilize different drawing options. You can draw horizontal levels to indicate price levels where the market often moves in the opposing direction.

Plus500 Windows App Download

You can likewise add technical indicators on the chart. The series of technical indications at Plus500 is massive. You can pick from more than 100 different choices. It is a good idea to utilize technical indications. By using technical indications, you can carry out better analyses.

Plus500 Windows App Download

The technical analysis choices within the Plus500 software application are comprehensive. Nevertheless, it is bothersome that you can not conserve multiple charts. This indicates that you need to repeat the examines routinely. Professional financiers would have to download other programs to perform more complex analyses.

 

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

It works that you receive a notification within the Plus500 software when intriguing advancements happen. When the rate of, for example, oil falls sharply, you will receive an alert of this occasion. You can then choose on your own whether you wish to take a position on the marketplace development. Plus500 Windows App Download.

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 data is missing 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 fast customer care that is available in more than 30 languages. Your issues can be resolved quickly in your language.

It is advised to get in touch with client service via live chat. You can use the live chat button within the Plus500 WebTrader. By using the live chat, your issues can be resolved almost instantly.

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 someone. Due to the fast processing time, Plus500 still ratings adequately in regards to client service. Plus500 Windows App Download.

Plus500 Windows App Download

 

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

Regulation
Supervisors ensure that brokers follow the guidelines. Plus500 is supervised by:

  • Plus500UK Ltd licensed & managed by the FCA (# 509909).
  • Plus500CY Ltd authorized & regulated 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; licensed monetary supplier in South Africa, FSP # 47546.

Security of your deposits
Depending on your nationality, you take pleasure in additional protection if Plus500 goes bankrupt. This is done through a so-called financier protection 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 also set several additional rules to guarantee that your money is as safe and secure as possible on Plus500. Below you can discover a summary of these measurements:

Plus500 Windows App Download

Plus500 will never hypothesize with customers’ money. All funds are saved in a separate bank account, which indicates that this money is protected when unforeseen things happen with Plus500. And finally, on Plus500 you are protected against a negative balance, due to the fact that he Unfavorable balance defense is a regulative requirement for all EU brokers. When you trade with Plus500, you can never be left with a recurring financial obligation. Plus500 Windows App Download.

 

Conclusion reliability
Plus500 is 100% no rip-off. Plus500 safely handles customer assets. The business is likewise supervised. Plus500 has actually been around since 2008 and is even noted on the London stock exchange. These are all good signs that Plus500 is reputable and we have actually concerned that conclusion ourselves.

Plus500 Windows App Download

About the company
Plus500 was founded in 2008 and has actually grown strongly since then. Plus500 is active in more than 30 countries and served more than 200,000 active consumers in 2019. Plus500 executed 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, but they have opened several extra offices in other countries. Do you want to know more about the Plus500 company? In this article you will discover everything you need to understand!

Plus500 Windows App Download

Conclusion evaluation Plus500
Plus500 is one of the very best CFD brokers. With Plus500 you can actively trade CFDs on all recognized shares and cryptocurrencies by utilizing the easy to use software. On Plus500 you can trade at low rates. You likewise have the opportunity to react to changing market conditions by putting orders on both fluctuating rates. Plus500 Windows App Download.

Do you want to find how Plus500 works? Right away open a complimentary demo-account by pressing the button below:

 

–>> Open Demo Account here <<–

79% of retail CFD accounts lose money