Plus500 Head Office

Plus500 Review: our experience with this broker – Plus500 Head Office
Plus500 is an online broker where you can speculate with CFDs on cryptocurrencies (Instrument accessibility subject to policies), Forex and stocks. In this extensive review, we share our experiences with this broker. In our test, Plus500 emerged as an user-friendly broker where you can react to the current market developments at low rates. Plus500 Head Office.

Plus500 Head Office

Advantage Plus500

  • At Plus500 you can hypothesize on rate developments at low rates.
  • You can sell an extensive range of CFD shares.
  • It is possible to attempt Plus500 for free with a demonstration.
  • On Plus500 you can utilize the user-friendly web trader.
  • Plus500 offers its services in more than 30 various languages.
  • On Plus500 you can begin trading from $100. Plus500 Head Office.

 

Drawbacks Plus500

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

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

Plus500 Head Office

We go over the following subjects in the Plus500 review:

  • Open account: how can you open an account with Plus500?
  • Deposit money: how can you transfer and withdraw cash?
  • Costs: how much does trading cost on Plus500?
  • Functionalities: what are the possibilities of the software application?
  • Trading choices: in what securities you trade on Plus500?
  • Assistance: what support do you receive when trading?
  • Client service: what is the quality of the client service? (costumer-service).
  • Reliability: Is this broker reliable? (dependability).
  • Information: more info about Plus500 (details).
  • Conclusion: the decision of the Plus500 review (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 develop a free demo account, you just have to pick an e-mail 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 instantly begin trading. Plus500 Head Office.

Plus500 Head Office

Plus500 accepts consumers from most countries. There are likewise citizenships 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 review, we therefore give Plus500 a positive score for opening an account. Plus500 Head Office.

 

Deposit & withdraw cash
When you have become knowledgeable about the Plus500 platform, you can change to a genuine cash account at any time. The minimum deposit at Plus500 is $100. You can transfer money into your account by utilizing one of these approaches:

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

Before your deposit can be processed, you must confirm your identity. Plus500 needs to comply with legislation and can only receive confirmed clients. By confirming new costumers, Plus500 prevents customers from utilizing the represent money laundering.

Plus500 Head Office

We’ve gone through the whole procedure and published the required documents. Our account was authorized and launched by Plus500 within an hour. After validating the identity of your account, you do not have to do it once again. The length of this process depends on your personal scenario and can be different for each client.

 

Withdraw money
You can withdraw the cash 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 be in your account within a couple of days. Plus500 Head Office.

Plus500 Head Office

 

On Plus500 there are no additional expenses for transferring and withdrawing cash. This is a big benefit of the broker Plus500: many other brokers charge a small charge for withdrawing cash. Traders can make the most of as much as 5 free withdrawals a month, after which a cost will be sustained.

Plus500 Head Office

Review of the costs of Plus500
When you start trading with Plus500, you clearly do not desire a large part of your money to be lost to high deal costs. In this part of the review, we take a detailed take a look at the charges of trading with Plus500. Below we briefly take a look at which costs Plus500 passes on to its customers.

 

Spread
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 uses 2 spread mechanisms for its instruments: Dynamic spread which is continuously changed according to the market spread out during the duration a position is open vs. a Spread which does not typically alter in line with basic market fluctuations while a position is open, but when the marketplace is unpredictable and illiquid, might alter 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 Head Office.

 

Forex costs on Plus500
On Plus500 you can sell various 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 costs with those of other providers and concluded that these costs are comparable to those of other brokers. (We have actually extracted these data on the 2th of June 14:00.).

 

Cryptocurrency expenses on Plus500
On Plus500 you can also 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 contract. Trading cryptocurrencies is therefore fairly beneficial at Plus500. (We have actually extracted these information on the 2th of June 14:00.).

 

Share costs 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 worth. Trading CFD Tesla shares is therefore possible at a low cost. (Please keep in mind that this is a snapshot on April 20, 2020 at 13:00.).

 

Financing 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 need to put in the total 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 over night financing sell costs. In some cases, you actually get a premium for short positions. We compared Plus500 with other celebrations for this review and the funding costs were reasonably low. Still, it is necessary to remember that Plus500 is not extremely ideal for long-lasting trading because of the financing fees you have to pay on a daily basis. Plus500 Head Office.

 

Other expenses on Plus500
We have extensively investigated the expenses for this review, and we have actually not found any irritating covert costs. You need to guarantee that you log in to the platform at least once every three months. If you don’t do this, expenses for lack of exercise will be charged. This holds true with most brokers.

Do you have an account with Plus500 and are you not preparing to trade for a while? It is sensible to withdraw the cash from your account.

 

You can examine all Fees here:

Plus500 is mainly 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 implies a market spread of 0.6 pips, in this example). Unlike other service providers who likewise charge commissions on each trade, Plus500 does not charge dealing commissions. Plus500 Head Office.

The following additional charges may be used:

Overnight Financing – The over night funding quantity is either added to or subtracted from your account when holding a position after a particular time (the “Overnight Financing Time”).
The overnight funding time and the everyday over night financing portion can be discovered in the “Particulars” link next to the instrument’s name on the main screen of the platform.

Currency Conversion Cost – 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 presently depend on 0.7% of the trade’s understood internet revenue and loss and shown in real time into the unrealised net revenue and loss of an open position.

Lack of exercise Cost – A fee of up to USD 10 per month will be imposed, ought to you not visit to your trading account for a period of at least three months. This charge will be charged once a month from that minute onwards, as long as no login is made to the account. The inactivity fee will be equal to the lower of the staying available balance in your account or USD 10 (or equivalent depending on your currency). This is to balance out the expense incurred in making the service available, even though it has not been utilized. However, please note that the fee is only gathered from the Genuine Money account and just when there are sufficient available funds in the account. In order to avoid this cost, just log into your trading account from time to time, as this is considered sufficient activity to prevent a cost from being charged.

Surefire Stop Order – if you choose 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 wider spread.

 

Conclusion Plus500 costs
The expenses Plus500 charges are reasonable and in proportion to the quantity 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 various costs you pay when you trade with Plus500.

Plus500 Head Office

Software & possibilities
When you start trading, we understand that you of course likewise wish to use a good software package. With Plus500 trading is generally done through the online WebTrader. An excellent advantage of the WebTrader is the ease of access: you can log in 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 consumers will therefore not have to browse wish for purchase & sell buttons on Plus500. Plus500 Head Office.

 

Opening a trade
Opening a trade with Plus500 is rather uncomplicated. It is important to keep in mind that with Plus500 you always sell CFDs. With Plus500 you never directly sell a share. The only thing that identifies your outcome is the distinction in between the price at which you open and close the position.

When you open a position, you have 2 alternatives. 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 rate. Because you utilize utilize there is a high danger of losing money quickly due to leverage.

 

The choice to speculate on a decreasing cost is a significant benefit within the Plus500 platform. The choice to short sell increases your flexibility and makes it possible to react to different market scenarios.

 

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

Plus500 Head Office

In the order screen you can get in the quantity you wish 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 secure you trades when you need to go out. Plus500 Head Office.

It is likewise possible to position an order with Plus500. You do this by going into a rate at which you automatically open the CFD position. By using orders, you can accomplish even better trading outcomes.

Plus500 Head Office

 

Utilize
With Plus500 you have the choice to apply a take advantage of. With a lever you can take a larger position with the very same amount of money. Both your possible profit and your possible loss boost when you use take advantage of. With each security you can instantly see what the maximum utilize is that you can apply.

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

 

Mobile application
On Plus500 you can likewise trade with the mobile application they provide. The mobile application is less substantial 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 cautions when the cost of a security reaches a certain value.

The mobile application is very easy to use and it is good to change your orders when market conditions change considerably. The mobile application is therefore a strength in our review of the Plus500 platform.

Plus500 Head Office

Trading options at Plus500
In this part of the review we will go over the different types of securities you can trade in with Plus500.

Forex
With Plus500 you can trade in CFDs on Forex. When you trade in Forex, you hypothesize on price changes in currency pairs. You can for instance location a trade on the development of the euro against the dollar.

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

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

Options
On Plus500 you can likewise sell CFDs on alternatives. Options typically move highly: a choice can often rise or fall in value by 10s of percent. With CFDs you can apply a leverage of as much as 1:20 to alternatives, which further increases your potential gains or losses.

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


Cryptocurrencies

At Plus500 you can likewise trade with CFDs in the most popular cryptocurrencies. Cryptocurrencies are really unstable and it can for that reason be interesting to actively hypothesize on their rate developments. Among the most popular cryptocurrencies to trade in is the Bitcoin. (” Instrument availability subject to policies”). Plus500 Head Office.


Conclusion on the trading options at Plus500

Plus500 has a wide range of tradable CFD securities. Even relatively unknown local stocks can typically be discovered on the Plus500 platform. This makes Plus500 an appealing broker for investors from all countries. My experience with Plus50 has actually for that reason been very positive.

 

Support & research
In this part of the evaluation, we examine how Plus500 supports traders.

 

Technical analyses
At Plus500 you can carry out technical analyses on the graphs. Within the software you can utilize different illustration alternatives. You can draw horizontal levels to show price levels where the marketplace often moves in the opposing instructions.

Plus500 Head Office

You can likewise add technical indicators on the chart. The range of technical indications at Plus500 is enormous. You can select from more than 100 various options. It is a good idea to use technical signs. By using technical indicators, you can perform much better analyses.

Plus500 Head Office

The technical analysis choices within the Plus500 software are extensive. It is bothersome that you can not conserve multiple graphs. This suggests that you have to duplicate the examines frequently. Expert investors would have to download other programs to carry out more complex analyses.

 

Research study and education
In this review we can be fast about the possibilities of research study and education: at Plus500 these choices are completely missing out on. There are no courses or webinars offered at Plus500. This is a drawback for individuals who sign up with Plus500 to learn how to trade better.

It works that you get a notification within the Plus500 software application when intriguing advancements take place. When the rate of, for example, oil falls dramatically, you will receive a notification of this event. You can then choose for yourself whether you want to take a position on the marketplace development. Plus500 Head Office.

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 out on with Plus500 platform. Plus500 does not score well in the field of research and education in our viewpoint.

 

Customer support
Plus500 has a detailed and quick customer support that is available in more than 30 languages. Your issues can be resolved quickly in your language.

It is suggested to call customer support through live chat. You can utilize the live chat button within the Plus500 WebTrader. By using the live chat, your problems can be fixed almost instantly.

It is likewise possible to email Plus500. Mails are often responded to within a day. It is a pity that no phone number is readily available. This makes it impossible to speak directly to someone. Due to the fast processing time, Plus500 still scores adequately in terms of customer service. Plus500 Head Office.

Plus500 Head Office

 

Security & reliability
Prior to you deposit cash with a business, you naturally would like to know that it is completely secure to do so. In this part of the evaluation, we take a look at how trustworthy Plus500 is.

Guideline
Supervisors guarantee that brokers follow the rules. Plus500 is monitored by:

  • Plus500UK Ltd authorized & managed by the FCA (# 509909).
  • Plus500CY Ltd authorized & controlled 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), certified by: ASIC in Australia, AFSL # 417727, FMA in New Zealand, FSP # 486026; authorized financial supplier in South Africa, FSP # 47546.

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

Plus500 has also set a number of extra guidelines to make sure that your cash is as safe and secure as possible on Plus500. Listed below you can find an overview of these measurements:

Plus500 Head Office

Plus500 will never hypothesize with consumers’ cash. All funds are kept in a separate savings account, which suggests that this money is secure when unexpected things happen with Plus500. And lastly, on Plus500 you are protected against an unfavorable balance, since he Unfavorable balance protection is a regulatory requirement for all EU brokers. So when you trade with Plus500, you can never be left with a recurring debt. Plus500 Head Office.

 

Conclusion dependability
Plus500 is 100% no fraud. Plus500 firmly manages client possessions. The business is likewise monitored. Plus500 has been around given that 2008 and is even noted on the London stock exchange. These are all excellent signs that Plus500 is dependable and we have pertained to that conclusion ourselves.

Plus500 Head Office

About the business
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 carried out over 35 million transactions with a value of over $1,000 billion in one year. The headquarters of the business can be found in Israel, but they have opened numerous extra offices in other countries. Do you need to know more about the Plus500 business? In this post you will find everything you require to know!

Plus500 Head Office

Conclusion review Plus500
Plus500 is one of the very best CFD brokers. With Plus500 you can actively trade CFDs on all known shares and cryptocurrencies by using the easy to use software. On Plus500 you can trade at low rates. You likewise have the opportunity to react to altering market conditions by positioning orders on both rising and falling costs. Plus500 Head Office.

Do you want to find how Plus500 works? Then immediately open a free demo-account by pushing the button listed below: