Plus500 Evaluation: our experience with this broker – Como Usar Plus500
Plus500 is an online broker where you can speculate with CFDs on cryptocurrencies (Instrument availability subject to regulations), Forex and stocks. In this extensive review, we share our experiences with this broker. In our test, Plus500 became an user-friendly broker where you can respond to the latest market advancements at low rates. Como Usar Plus500.
Como Usar Plus500
- At Plus500 you can speculate on cost advancements at low rates.
- You can sell a comprehensive variety of CFD shares.
- It is possible to attempt Plus500 free of charge with a demo.
- On Plus500 you can utilize the user-friendly web trader.
- Plus500 offers its services in more than 30 different languages.
- On Plus500 you can start trading from $100. Como Usar Plus500.
- Plus500 does not supply sophisticated software application for professional traders.
- You can not discover substantial analyses within the platform.
- Plus500 customer support is not available by phone.
- On Plus500 you can only trade in CFDs.
Would you like to attempt the possibilities at Plus500 with a demonstration totally free of charge and without threat? Utilize the button below to open a demo account with this broker:
Como Usar Plus500
We discuss the following subjects in the Plus500 evaluation:
- Open account: how can you open an account with Plus500?
- Deposit cash: how can you deposit and withdraw money?
- Expenses: 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 support do you receive when trading?
- Client service: what is the quality of the customer service? (costumer-service).
- Reliability: Is this broker dependable? (dependability).
- Information: more information about Plus500 (information).
- Conclusion: the decision of the Plus500 evaluation (conclusion).
Opening an account with Plus500
To do this you need to initially check out the Plus500 site. Click on this link * to open the Plus500 site. To create a free demonstration account, you simply need to pick an e-mail address and a password. It is also possible to log in with your Facebook or Google account. After you have left this info, you can immediately begin trading. Como Usar Plus500.
Plus500 accepts clients from many nations. There are likewise nationalities that are not confessed to Plus500. Traders from for instance, 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 review, we for that reason provide Plus500 a favorable score for opening an account. Como Usar Plus500.
Deposit & withdraw money
When you have actually ended up being familiar with the Plus500 platform, you can switch to a real cash account at any time. The minimum deposit at Plus500 is $100. You can transfer money into your account by using one of these methods:
- Bank transfer.
Before your deposit can be processed, you should confirm your identity. Plus500 needs to abide by legislation and can only receive confirmed clients. By validating brand-new clients, Plus500 prevents clients from using the represent cash laundering.
We have actually gone through the entire procedure and published the needed documents. Our account was approved and released by Plus500 within an hour. After verifying the identity of your account, you don’t need to do it once again. The length of this process depends on your individual scenario and can be various for each costumer.
You can withdraw the cash into your account at any time. You can do this by moving the money to your bank account or PayPal account. The transfer is made quickly and the cash will remain in your account within a few days. Como Usar Plus500.
On Plus500 there are no extra expenses for transferring and withdrawing money. This is a huge advantage of the broker Plus500: numerous other brokers charge a little charge for withdrawing cash. Traders can benefit from approximately 5 complimentary withdrawals a month, after which a charge will be incurred.
Como Usar Plus500
Review of the expenses of Plus500
When you begin trading with Plus500, you clearly do not want a large part of your money to be lost to high transaction expenses. In this part of the evaluation, we take an in-depth take a look at the fees of trading with Plus500. Listed below we quickly analyze which costs Plus500 passes on to its customers.
With Plus500 you pay a spread over every deal. The spread is the difference in between the buy and sell cost of a CFD. Plus500 provides two spread systems for its instruments: Dynamic spread which is continuously adjusted according to the market spread throughout the period a position is open vs. a Spread which does not generally change in line with general market fluctuations while a position is open, but when the market is unstable and illiquid, may alter to a brand-new level so that the underlying market conditions are much better reflected. Plus500 aims to supply the tightest possible spreads at all times. Como Usar Plus500.
Forex costs on Plus500
On Plus500 you can trade in various currency sets. 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 providers and concluded that these expenses are comparable to those of other brokers. (We have 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 writing while at eToro you pay more than $50 per contract. Trading cryptocurrencies is therefore fairly useful at Plus500. (We have actually drawn out these data on the 2th of June 14:00.).
Share expenses on Plus500
At Plus500 you can also trade in shares by utilizing CFDs. As an example: For the CFD share Tesla you presently pay a spread of $ 0.95, which relates to 0.12% of the overall worth. 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.).
Financing costs at Plus500
With Plus500 you have the choice to trade on margin. Since you can trade on margin, you do not need to put in the total of the trading position yourself. Nevertheless, you do have to pay a premium for this.
With each security you will see the over night funding buy and the over night funding offer costs. Sometimes, you actually get a premium for brief positions. We compared Plus500 with other celebrations for this review and the financing costs were fairly low. Still, it is important to keep in mind that Plus500 is not really appropriate for long-term trading because of the financing fees you have to pay every day. Como Usar Plus500.
Other expenses on Plus500
We have actually thoroughly examined the costs for this review, and we have actually not found any irritating hidden costs. Nevertheless, you must make sure that you log in to the platform a minimum of when every three months. If you don’t do this, costs for inactivity will be charged. This holds true with most brokers.
Do you have an account with Plus500 and are you not planning to trade for a while? Then it is smart to withdraw the cash from your account.
You can examine all Costs here:
Plus500 is generally compensated 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 means a market spread of 0.6 pips, in this example). Unlike other provider who likewise charge commissions on each trade, Plus500 does not charge dealing commissions. Como Usar Plus500.
However, the following extra costs might be applied:
Overnight Financing – The overnight funding amount is either added to or subtracted from your account when holding a position after a particular time (the “Overnight Financing Time”).
The over night funding time and the day-to-day over night funding percentage can be discovered in the “Details” link next to the instrument’s name on the main screen of the platform.
Currency Conversion Fee – Plus500 will charge a Currency Conversion Fee for all trades on instruments denominated in a currency various to the currency of your account.
The Currency Conversion Fee will currently be up to 0.7% of the trade’s understood internet revenue and loss and shown in real time into the unrealised net profit and loss of an employment opportunity.
Lack of exercise Fee – A fee of as much as USD 10 each month will be levied, need to you not log in to your trading account for 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 fee will amount to the lesser of the staying offered balance in your account or USD 10 (or comparable depending upon your currency). This is to offset the expense sustained in making the service available, although it has actually not been used. Please note that the cost is only collected from the Real Cash account and just when there are enough available funds in the account. In order to avoid this charge, simply log into your trading account from time to time, as this is considered adequate activity to prevent a cost from being charged.
Surefire 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 undergoes a larger spread.
Conclusion Plus500 costs
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 article about the costs on Plus500, we take a closer take a look at the various costs you pay when you trade with Plus500.
Como Usar Plus500
Software application & possibilities
When you begin trading, we understand that you obviously likewise want to use a good software package. With Plus500 trading is generally done by means of the online WebTrader. A great advantage of the WebTrader is the ease of access: you can log in to the platform at any time and from any place to open or close a position.
What stood apart in our review was the user-friendliness of Plus500. The platform looks clear and thanks to the search function you can quickly discover the CFD in which you wish to trade. New customers will therefore not need to browse wish for buy & sell buttons on Plus500. Como Usar Plus500.
Opening a trade
Opening a trade with Plus500 is rather simple. It is essential to remember that with Plus500 you constantly trade in CFDs. With Plus500 you never ever straight trade in a share. The only thing that identifies your outcome is the difference in between the price at which you open and close the position.
When you open a position, you have 2 choices. You can purchase the CFD or you can go short on the CFD. When you buy the CFD you get a favorable result with a rising price and when you sell the CFD you get a positive result with a falling cost. Because you utilize leverage there is a high threat of losing cash rapidly due to utilize.
The option to speculate on a declining price is a significant advantage within the Plus500 platform. The alternative to short sell increases your flexibility and makes it possible to react to various market circumstances.
Type of orders
With Plus500 you can instantly open an order. When you push buy or offer you will see the screen below:
In the order screen you can get in the amount you want to trade with. You likewise have the choice to immediately open or close the position after a certain cost has been reached. This makes it possible to safeguard you trades when you have to go out. Como Usar Plus500.
It is also possible to place an order with Plus500. You do this by getting in a rate at which you automatically open the CFD position. By utilizing orders, you can attain even much better trading results.
With Plus500 you have the option to use a take advantage of. With a lever you can take a bigger position with the same quantity of money. Both your prospective earnings and your prospective loss increase when you apply take advantage of. With each security you can immediately see what the optimum leverage is that you can use.
The existence of a leverage is a benefit in the review of Plus500. You can always decide to invest with smaller sized amounts if you wish to lower your threat.
On Plus500 you can also trade with the mobile application they use. The mobile application is less comprehensive than the WebTrader. You can perform less substantial analyses with it. It is helpful to likewise set up the mobile application. With the app you can receive warnings when the rate of a security reaches a certain value.
The mobile application is very easy to use and it is great to change your orders when market conditions change considerably. The mobile application is for that reason a strong point in our review of the Plus500 platform.
Como Usar Plus500
Trading choices at Plus500
In this part of the review we will talk about the various kinds of securities you can trade in with Plus500.
With Plus500 you can sell CFDs on Forex. When you sell Forex, you hypothesize on cost changes in currency sets. You can for example location a trade on the development of the euro versus the dollar.
On Plus500 you can likewise sell an extensive variety of CFD shares. The shares are nicely sorted by nation, so you can rapidly discover a share to trade.
It’s also possible to sell products by utilizing CFDs. The most popular product for trading is oil. You can typically apply a maximum leverage of as much as 1:20 to investments in raw materials. When you sell gold you can apply a leverage of 1:20.
On Plus500 you can likewise trade in CFDs on choices. Alternatives typically move strongly: a choice can in some cases rise or fall in worth by 10s of percent. With CFDs you can apply a leverage of as much as 1:20 to choices, which further 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 trade in the Dow Jones or NASDAQ index trackers.
At Plus500 you can likewise trade with CFDs in the most well-known cryptocurrencies. Cryptocurrencies are really unstable and it can for that reason be interesting to actively speculate on their price developments. Among the most popular cryptocurrencies to sell is the Bitcoin. (” Instrument availability subject to policies”). Como Usar Plus500.
Conclusion on the trading options at Plus500
Plus500 has a wide range of tradable CFD securities. Even fairly unknown local stocks can typically be discovered on the Plus500 platform. This makes Plus500 an appealing broker for financiers from all countries. My experience with Plus50 has actually therefore been very favorable.
Assistance & research
In this part of the evaluation, we investigate how Plus500 supports traders.
At Plus500 you can carry out technical analyses on the graphs. Within the software you can utilize various drawing choices. You can draw horizontal levels to suggest price levels where the market often relocates the opposing instructions.
You can likewise include technical indicators on the graph. The range of technical indications at Plus500 is massive. You can choose from more than 100 different choices. It is smart to utilize technical indications. By using technical indicators, you can perform better analyses.
The technical analysis alternatives within the Plus500 software are substantial. Nevertheless, it is bothersome that you can not save multiple charts. This means that you have to repeat the examines regularly. Professional financiers would need to download other programs to perform more complex analyses.
Research study and education
In this evaluation we can be fast about the possibilities of research 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 individuals who join Plus500 to learn how to trade much better.
It is useful that you get a notice within the Plus500 software when fascinating advancements happen. When the cost of, for instance, oil falls greatly, you will receive an alert of this event. You can then decide on your own whether you wish to take a position on the market advancement. Como Usar Plus500.
Within the Plus500 software 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 purchasers or sellers. Other essential data is missing with Plus500 platform. Plus500 does not score well in the field of research and education in our viewpoint.
Plus500 has a detailed and fast client service that is available in more than 30 languages. Your problems can be resolved quickly in your language.
It is recommended to call client service via live chat. You can utilize the live chat button within the Plus500 WebTrader. By utilizing the live chat, your problems can be resolved practically right away.
It is likewise possible to email Plus500. Mails are frequently 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 adequately in terms of customer care. Como Usar Plus500.
Security & reliability
Before you deposit money with a business, you naturally want to know that it is totally secure to do so. In this part of the evaluation, we take a look at how dependable Plus500 is.
Supervisors guarantee that brokers comply with the rules. Plus500 is monitored by:
- Plus500UK Ltd authorized & controlled by the FCA (# 509909).
- Plus500CY Ltd licensed & regulated by the CySEC (# 250/14).
- Plus500SG Pte Ltd, licensed 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 provider in South Africa, FSP # 47546.
Security of your deposits
Depending on your citizenship, you delight in additional security if Plus500 goes bankrupt. This is done through a so-called investor security fund. All customer funds are held in a segregated customer savings account in accordance with the Cyprus Securities and Exchange Commission’s (CySEC).
Plus500 has also set several extra guidelines to guarantee that your money is as safe and secure as possible on Plus500. Below you can discover an introduction of these measurements:
Plus500 will never ever hypothesize with clients’ money. All funds are saved in a different bank account, which indicates that this cash is safe and secure when unexpected things happen with Plus500. And finally, on Plus500 you are secured versus an unfavorable balance, since he Unfavorable balance security is a regulative requirement for all EU brokers. When you trade with Plus500, you can never ever be left with a recurring financial obligation. Como Usar Plus500.
Plus500 is 100% no scam. Plus500 securely handles customer properties. The business is likewise supervised. Plus500 has actually been around given that 2008 and is even listed on the London stock exchange. These are all good signs that Plus500 is reliable and we have pertained to that conclusion ourselves.
Como Usar Plus500
About the company
Plus500 was founded in 2008 and has actually grown highly 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 deals with a value of over $1,000 billion in one year. The head office of the business can be discovered in Israel, but they have actually opened a number of extra offices in other nations. Do you need to know more about the Plus500 company? In this article you will discover whatever you require to know!
Conclusion review Plus500
Plus500 is one of the best CFD brokers. With Plus500 you can actively trade CFDs on all recognized shares and cryptocurrencies by using the easy to use software. On Plus500 you can trade at low rates. You also have the opportunity to react to altering market conditions by putting orders on both fluctuating prices. Como Usar Plus500.
Do you wish to discover how Plus500 works? Immediately open a totally free demo-account by pressing the button listed below: