Plus500 Without Leverage

Plus500 Evaluation: our experience with this broker – Plus500 Without Leverage
Plus500 is an online broker where you can speculate with CFDs on cryptocurrencies (Instrument accessibility subject to guidelines), Forex and stocks. In this substantial 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 developments at low rates. Plus500 Without Leverage.

Plus500 Without Leverage

Advantage Plus500

  • At Plus500 you can hypothesize on price advancements at low rates.
  • You can trade in an extensive series of CFD shares.
  • It is possible to attempt Plus500 free of charge 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 start trading from $100. Plus500 Without Leverage.

 

Disadvantages Plus500

  • Plus500 does not supply sophisticated software application for professional traders.
  • You can not find extensive analyses within the platform.
  • Plus500 customer service is not available by phone.
  • On Plus500 you can just 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 demonstration account with this broker:

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

Plus500 Without Leverage

We talk about the following topics in the Plus500 review:

  • Open account: how can you open an account with Plus500?
  • Deposit money: how can you deposit and withdraw money?
  • Costs: just how much does trading cost on Plus500?
  • Performances: what are the possibilities of the software?
  • Trading alternatives: in what securities you trade on Plus500?
  • Assistance: what assistance do you get when trading?
  • Customer service: what is the quality of the costumer service? (costumer-service).
  • Reliability: Is this broker trusted? (dependability).
  • Info: more info about Plus500 (information).
  • Conclusion: the decision of the Plus500 evaluation (conclusion).

 

Opening an account with Plus500
To do this you should initially visit the Plus500 website. Click here * to open the Plus500 site. To produce a complimentary demo account, you simply have to choose an email address and a password. It is likewise possible to visit with your Facebook or Google account. After you have actually left this info, you can immediately start trading. Plus500 Without Leverage.

Plus500 Without Leverage

Plus500 accepts consumers from most countries. Nevertheless, there are likewise nationalities that are not admitted 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 evaluation, we therefore give Plus500 a favorable rating for opening an account. Plus500 Without Leverage.

 

Deposit & withdraw money
When you have ended up being knowledgeable about the Plus500 platform, you can change 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

Prior to your deposit can be processed, you should confirm your identity. Plus500 must adhere to legislation and can just get confirmed customers. By confirming brand-new clients, Plus500 avoids customers from using the account for money laundering.

Plus500 Without Leverage

We’ve gone through the entire process and published the needed files. Our account was authorized and launched by Plus500 within an hour. After validating the identity of your account, you don’t need to do it again. The length of this procedure depends upon your personal circumstance and can be different for each customer.

 

Withdraw cash
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 quickly and the money will remain in your account within a couple of days. Plus500 Without Leverage.

Plus500 Without Leverage

 

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

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

Plus500 Without Leverage

Review of the costs of Plus500
When you start trading with Plus500, you obviously do not want a large part of your cash to be lost to high transaction expenses. In this part of the evaluation, we take a comprehensive take a look at the fees of trading with Plus500. Listed below we quickly analyze which costs Plus500 passes on to its clients.

 

Spread
With Plus500 you pay a spread over every transaction. The spread is the difference in between the buy and sell rate of a CFD. Plus500 provides 2 spread mechanisms for its instruments: Dynamic spread which is continuously changed according to the marketplace spread during the period a position is open vs. a Spread which does not usually alter in line with basic market fluctuations while a position is open, however when the market is volatile and illiquid, might change to a brand-new level so that the underlying market conditions are much better reflected. Nevertheless, Plus500 aims to provide the tightest possible spreads at all times. Plus500 Without Leverage.

 

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 costs 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 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 evaluation it emerged that at Plus500 you can trade against reasonably advantageously fees 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 therefore reasonably helpful at Plus500. (We have drawn out these data on the 2th of June 14:00.).

 

Share expenses on Plus500
At Plus500 you can likewise trade in shares by utilizing CFDs. As an example: For the CFD share Tesla you presently pay a spread of $ 0.95, which equates 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 costs 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 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 over night financing buy and the overnight funding sell expenses. In many cases, you in fact get a premium for brief positions. We compared Plus500 with other celebrations for this evaluation and the funding costs were reasonably low. Still, it is very important to bear in mind that Plus500 is not really appropriate for long-term trading because of the funding charges you need to pay daily. Plus500 Without Leverage.

 

Other costs on Plus500
We have thoroughly investigated the costs for this evaluation, and we have actually not discovered any frustrating concealed costs. You must guarantee that you log in to the platform at least as soon as every 3 months. If you don’t do this, expenses for inactivity will be charged. This is the case with most brokers.

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

 

You can check 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 suggests 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 Without Leverage.

Nevertheless, the following additional fees may be applied:

Overnight Funding – The over night 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 overnight financing portion can be found in the “Particulars” link beside the instrument’s name on the primary screen of the platform.

Currency Conversion Fee – 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 Cost will currently be up to 0.7% of the trade’s realised web earnings and loss and reflected in real time into the unrealised net revenue and loss of an employment opportunity.

Inactivity Fee – A fee of approximately USD 10 monthly will be imposed, must you not log in to your trading represent a duration of a minimum of three months. This cost will be charged once a month from that moment onwards, as long as no login is made to the account. The inactivity charge will amount to the lesser of the remaining available balance in your account or USD 10 (or comparable depending upon your currency). This is to offset the expense sustained in making the service readily available, although it has actually not been utilized. Please note that the charge is only collected from the Real Cash account and just when there are sufficient available funds in the account. In order to avoid this fee, just 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 pick this function, please note that as it ensures that your position (trade) closes at a specific requested rate (rate), 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 take a look at the numerous expenses you pay when you trade with Plus500.

Plus500 Without Leverage

Software application & possibilities
When you begin trading, we understand that you of course likewise wish to utilize a great software package. With Plus500 trading is mainly done via the online WebTrader. A fantastic benefit of the WebTrader is the accessibility: you can visit to the platform at any time and from any area 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 clients will for that reason not have to search wish for buy & sell buttons on Plus500. Plus500 Without Leverage.

 

Opening a trade
Opening a trade with Plus500 is rather straightforward. It is important to bear in mind that with Plus500 you constantly trade in CFDs. With Plus500 you never ever straight trade in a share. The only thing that determines your result is the difference between the price at which you open and close the position.

When you open a position, you have two alternatives. You can buy the CFD or you can go short on the CFD. When you buy the CFD you get a positive result with an increasing cost and when you sell the CFD you get a positive outcome with a falling rate. Given that you utilize take advantage of there is a high risk of losing cash rapidly due to take advantage of.

 

The option to speculate on a declining cost is a significant advantage within the Plus500 platform. The choice to short sell increases your flexibility and makes it possible to react to various market circumstances.

 

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

Plus500 Without Leverage

In the order screen you can go into the amount you wish to trade with. You likewise have the choice to immediately open or close the position after a particular rate has actually been reached. This makes it possible to protect you trades when you need to go out. Plus500 Without Leverage.

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

Plus500 Without Leverage

 

Utilize
With Plus500 you have the option to apply a take advantage of. With a lever you can take a bigger position with the exact same quantity of cash. Both your potential earnings and your potential loss boost when you apply take advantage of. With each security you can immediately see what the maximum leverage is that you can apply.

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

 

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

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

Plus500 Without Leverage

Trading alternatives at Plus500
In this part of the review we will talk about the different types of securities you can sell with Plus500.

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

Shares
On Plus500 you can likewise trade in a comprehensive range of CFD shares. The shares are nicely sorted by nation, so you can quickly find a share to trade.

Commodities
It’s also possible to trade in commodities by utilizing CFDs. The most popular product for trading is oil. You can often apply a maximum leverage of up to 1:20 to financial investments in basic materials. When you trade in gold you can use an utilize of 1:20.

Options
On Plus500 you can likewise sell CFDs on options. Choices frequently move strongly: an alternative can sometimes increase or fall in value by tens of percent. With CFDs you can apply a leverage of up to 1:20 to options, which even more increases your possible gains or losses.

Indices or ETFs
On Plus500 you can also sell CFDs on widely known indexes or ETFs. You can for example sell 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 for that reason be interesting to actively hypothesize on their rate advancements. Among the most popular cryptocurrencies to sell is the Bitcoin. (” Instrument schedule subject to regulations”). Plus500 Without Leverage.


Conclusion on the trading alternatives at Plus500

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

 

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 illustration options. You can draw horizontal levels to indicate price levels where the market typically moves in the opposing instructions.

Plus500 Without Leverage

You can also add technical indications on the graph. The variety of technical signs at Plus500 is massive. You can select from more than 100 different choices. It is smart to utilize technical signs. By using technical indicators, you can carry out better analyses.

Plus500 Without Leverage

The technical analysis choices within the Plus500 software application are substantial. It is bothersome that you can not conserve several charts. This suggests that you need to repeat the evaluates routinely. Expert investors would have to download other programs to perform more complex analyses.

 

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

It is useful that you receive a notice within the Plus500 software when intriguing developments take place. When the price of, for example, oil falls sharply, you will get a notice of this occasion. You can then decide on your own whether you want to take a position on the market development. Plus500 Without Leverage.

Within the Plus500 software application you can also 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 purchasers or sellers. Other basic data is missing out on with Plus500 platform. Plus500 does not score well in the field of research study and education in our opinion.

 

Customer care
Plus500 has a detailed and fast customer care that is readily available in more than 30 languages. Your issues can be solved rapidly in your language.

It is advised to call customer 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 almost instantly.

It is likewise possible to email Plus500. Mails are typically responded to within a day. It is a pity that no phone number is readily available. This makes it difficult to speak directly to someone. Due to the fast processing time, Plus500 still ratings sufficiently in terms of customer service. Plus500 Without Leverage.

Plus500 Without Leverage

 

Security & reliability
Before you deposit cash with a company, you naturally need to know that it is entirely secure to do so. In this part of the evaluation, we take a look at how trusted Plus500 is.

Guideline
Supervisors guarantee that brokers abide by the guidelines. Plus500 is monitored by:

  • Plus500UK Ltd authorized & 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), licensed by: ASIC in Australia, AFSL # 417727, FMA in New Zealand, FSP # 486026; authorized financial service provider in South Africa, FSP # 47546.

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

Plus500 has likewise set a number of additional rules to ensure that your money is as safe and secure as possible on Plus500. Listed below you can find a summary of these measurements:

Plus500 Without Leverage

Plus500 will never hypothesize with customers’ cash. All funds are saved in a separate checking account, which means that this cash is secure when unanticipated things occur with Plus500. And last but not least, on Plus500 you are protected versus a negative balance, because he Negative balance defense is a regulative requirement for all EU brokers. So when you trade with Plus500, you can never be entrusted to a recurring debt. Plus500 Without Leverage.

 

Conclusion reliability
Plus500 is 100% no fraud. Plus500 securely handles consumer properties. The business is likewise supervised. Plus500 has actually been around given that 2008 and is even noted on the London stock exchange. These are all excellent signs that Plus500 is trusted and we have concerned that conclusion ourselves.

Plus500 Without Leverage

About the company
Plus500 was founded in 2008 and has actually grown highly ever since. Plus500 is active in more than 30 countries and served more than 200,000 active consumers in 2019. Plus500 performed 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, however they have actually opened numerous additional offices in other countries. Do you would like to know more about the Plus500 business? In this article you will find whatever you need to understand!

Plus500 Without Leverage

Conclusion evaluation Plus500
Plus500 is one of the best CFD brokers. With Plus500 you can actively trade CFDs on all recognized shares and cryptocurrencies by utilizing the easy to use software application. On Plus500 you can trade at low rates. You likewise have the opportunity to react to changing market conditions by placing orders on both rising and falling costs. Plus500 Without Leverage.

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

 

–>> Open Demo Account here <<–

79% of retail CFD accounts lose money