Plus500 Review

Plus500.com is the #1 leading online broker specializing in the global forex market. Plus500 was established more than a decade ago. Plus500 have a trading platform and a website with clear-cut design to offer Forex traders a pleasant experience, especially the beginners. Considering that Plus500 has years of experience and approved certification, it is not really surprising that they are regarded as one of the best Forex brokers nowadays.

Get your €25 no deposit bonus Here!

Plus500 Overview

Plus500 Video Review

Ready to start trading with Plus500? Get your €25 no deposit bonus Here!

Plus500 Screenshots

[Show as slideshow]

Plus500 Legal Information

Most people don’t even bother to check the legal side of things before they start trading with an online broker. That is not smart to say the least. Plus500 is Based in the UK, under the regulations of the British Financial Services Authority (FSA). The company is registered under the name Plus500UK Ltd with registration #07024970. The FSA registration number for the firm is ID #509909.

Security

Plus500.com is regulated by the British government, and under the rules and regulations of the agencies. Plus500 goes beyond government regulations to protect your funds, your personal data and your trades. Their website is designed with the highest level on encryption and their data base of client’s personal information is protected by an extensive technology and firewalls.

Plus500 Account Types

Plus500 offers two account options, consisting of a demo account, which has no time limit and can be opened free of charge, and a live account that requires a minimum deposit of $100. Plus500.com offers customers a £20 “welcome” bonus on all accounts, including the demo account and generous bonuses of up to $2,000 for initial funding. Leverage for forex accounts is a maximum of 50:1.

Trading foreign exchange on margin poses a high risk level and it may not be fitting for all types of investors. The elevated degree of leverage can cause positive and negative outcomes.

Deposits and Withdrawals

Funding an account at Plus500.com can be easily accomplished through a Visa or MasterCard credit card, Moneybookers or through a wire transfer. The fastest way to begin trading is by depositing through a Visa or MasterCard

Due to FSA regulation, withdrawals from a Plus500.com account require that the customer present an official photo ID. The ID must be a current passport, driver’s license or other official document and must be presented before being allowed to make a withdrawal.

Spreads

Plus500 is offering limited fixed spreads without charging a commission or any other costs. The low spreads will also be available for the low volume traders, meaning that the prices are favorable when compared to other brokers. With leverage of 200:1, this will provide opportunities to get higher profits but remember that leverage also has the risk of big losses.

Plus500 Trading Platform/Software

Plus500.com offers a comprehensive and easy to use proprietary trading platform and technical analysis software for their clients. The trading platform allows the trader to trade in multiple markets from the same screen and provides real time quotes for all of its products.

In addition to Forex trading, Plus500.com clients can also trade commodities, stocks, indexes, ETFs and CFDs from the same trading platform, a significant advantage to using Plus500.com as a broker.

Besides its ease of use, the main advantage of the Plus500.com trading platform consists in an all inclusive trading screen with clearly labeled tabs on top for details on past trades and current positions, as well as multiple market trading capabilities. Charting software is included with the trading platform, but charts appear individually, since the charting software does not allow for multiple graphs on the same screen.

Multi Platform Support

The Plus500.com trading platform comes in three different versions: a downloadable version, which can be copied to your laptop or desktop, a web-based version, which allows the trader to access the platform from any other computer, and a mobile version for use with cell phones and other mobile devices.

Multi Language Support

Plus500 wants to be accessible and easy to use for everyone so it has full support for more than 30 languages. Both the website and the software provide full language support.

Plus500, believes their flexibility is one of the best features, allow clients to trade in any manner that suits them best.

Education Training and Assistance

There is also a small learning center offering basic information to help traders understand how Forex works. One of the major advantages of this learning center is that traders are provided with practical examples which goes directly to the matter at hand and can help to verify their information. On the other side, traders who are seeking more in depth educational resources have to check elsewhere to get more comprehensive details.

Plus500.com offers excellent e-mail and fax support in multiple languages 24/7, nevertheless, they do not offer online chat or telephone support, which can be a disadvantage if the customer loses internet service or their computer crashes while trading. Plus500.com is advancing their technology to offer the easiest and best customer support so you shouldn’t really worry about that. You are well covered.

Plus500 Review Conclusion

Traders can take advantage of the demo account to test drive the site and check out all the features offered by Plus500.com, once you have taken advantage of the demo account, Plus500 is sure that you will be in love with their service and platform, while seasoned traders can take advantage of tight dealing spreads and the generous bonuses offered when initially funding the account.

Plus500 Advantages

• Get $10,000 Buying Power with $50!
• No commissions! – fixed spreads
• High Leverage – up to 1:200
• Advanced Technical Analysis Tools
• Free Demo Account
• Free real-time quotes – available also for demo
• Start funding your account with as little as $100
• Forex: EUR/USD 2 pips
• Trade Stocks, Forex, CFDs, Indices, Oil and more – All in One
• Fund your account by credit card or wire transfer
• Multi platform support, trade from everywhere
• Multi language support

Plus500 Downside

The Plus500 trading platform offers traders the possibility of integrating their trades in other financial markets, all on one screen. In total, Plus500.com makes an excellent choice for an online broker providing state of the art technology with flexibility in mind. You really can’t go wrong with Plus500 and the great thing is that you can test it out and see for yourself.