Plus500 Ltd Annual General Meeting 2018

Plus500 Review: our experience with this broker – Plus500 Ltd Annual General Meeting 2018
Plus500 is an online broker where you can speculate with CFDs on cryptocurrencies (Instrument availability subject to guidelines), Forex and stocks. In this comprehensive evaluation, we share our experiences with this broker. In our test, Plus500 emerged as an user-friendly broker where you can respond to the current market developments at low rates. Plus500 Ltd Annual General Meeting 2018.

Plus500 Ltd Annual General Meeting 2018

Benefit Plus500

  • At Plus500 you can speculate on cost advancements at low rates.
  • You can sell a comprehensive range 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 various languages.
  • On Plus500 you can start trading from $100. Plus500 Ltd Annual General Meeting 2018.

 

Drawbacks Plus500

  • Plus500 does not provide sophisticated software application for expert traders.
  • You can not find extensive analyses within the platform.
  • Plus500 customer service is not offered by phone.
  • On Plus500 you can only trade in CFDs.

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

Plus500 Ltd Annual General Meeting 2018

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 cash?
  • Expenses: how much does trading expense on Plus500?
  • Functionalities: what are the possibilities of the software?
  • Trading choices: in what securities you trade on Plus500?
  • Support: what assistance do you receive when trading?
  • Costumer service: what is the quality of the costumer service? (costumer-service).
  • Reliability: Is this broker dependable? (dependability).
  • Details: more information about Plus500 (info).
  • Conclusion: the verdict of the Plus500 review (conclusion).

 

Opening an account with Plus500
To do this you need to initially check out the Plus500 site. Click here * to open the Plus500 website. To develop a complimentary demo account, you simply have to pick an email address and a password. It is also possible to log in with your Facebook or Google account. After you have actually left this details, you can instantly begin trading. Plus500 Ltd Annual General Meeting 2018.

Plus500 Ltd Annual General Meeting 2018

Plus500 accepts customers from the majority of countries. However, there are also nationalities that are not admitted to Plus500. Traders from for example, 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 give Plus500 a positive rating for opening an account. Plus500 Ltd Annual General Meeting 2018.

 

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

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

Prior to your deposit can be processed, you need to confirm your identity. Plus500 should adhere to legislation and can only get confirmed consumers. By verifying new clients, Plus500 prevents clients from using the account for cash laundering.

Plus500 Ltd Annual General Meeting 2018

We have actually gone through the whole process and uploaded the required documents. Our account was approved and launched by Plus500 within an hour. After verifying the identity of your account, you don’t have to do it again. The length of this process depends on your personal situation and can be various for each customer.

 

Withdraw money
You can withdraw the cash into your account at any time. You can do this by transferring the cash to your savings account or PayPal account. The transfer is made quickly and the money will remain in your account within a few days. Plus500 Ltd Annual General Meeting 2018.

Plus500 Ltd Annual General Meeting 2018

 

On Plus500 there are no additional expenses for depositing and withdrawing money. This is a big advantage of the broker Plus500: numerous other brokers charge a small cost for withdrawing cash. Traders can take advantage of up to 5 totally free withdrawals a month, after which a fee will be sustained.

Plus500 Ltd Annual General Meeting 2018

Evaluation of the expenses of Plus500
When you start trading with Plus500, you obviously do not want a large part of your money to be lost to high transaction expenses. In this part of the review, we take a comprehensive look at the charges of trading with Plus500. Listed below we briefly analyze which costs Plus500 passes on to its customers.

 

Spread
With Plus500 you pay a spread over every deal. The spread is the difference between the buy and sell cost of a CFD. Plus500 provides 2 spread systems for its instruments: Dynamic spread which is constantly changed according to the marketplace spread out throughout 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, however when the market is volatile and illiquid, might alter to a brand-new level so that the underlying market conditions are much better reflected. Nevertheless, Plus500 intends to provide the tightest possible spreads at all times. Plus500 Ltd Annual General Meeting 2018.

 

Forex costs on Plus500
On Plus500 you can sell different currency pairs. At the time of composing, 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 extracted these information on the 2th of June 14:00.).

 

Cryptocurrency costs on Plus500
On Plus500 you can likewise sell cryptocurrencies such as Bitcoin. In our review it emerged that at Plus500 you can trade against 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 therefore relatively useful at Plus500. (We have actually drawn out these data 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 equates to 0.12% of the total value. Trading CFD Tesla shares is for that reason possible at a low cost. (Please keep in mind that this is a picture on April 20, 2020 at 13:00.).

 

Financing expenses at Plus500
With Plus500 you have the alternative to trade on margin. Because you can trade on margin, you do not have 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 funding buy and the over night funding offer costs. Sometimes, you actually receive a premium for brief positions. We compared Plus500 with other parties for this evaluation and the financing costs were reasonably low. Still, it is very important to bear in mind that Plus500 is not really appropriate for long-lasting trading because of the financing costs you have to pay on a daily basis. Plus500 Ltd Annual General Meeting 2018.

 

Other expenses on Plus500
We have actually extensively examined the expenses for this evaluation, and we have actually not discovered any annoying surprise costs. You must ensure that you log in to the platform at least as soon as every three months. If you do not 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 preparing to trade for a while? It is wise to withdraw the money from your account.

 

You can inspect all Charges here:

Plus500 is mainly 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 provider who also charge commissions on each trade, Plus500 does not charge dealing commissions. Plus500 Ltd Annual General Meeting 2018.

The following additional costs might be applied:

Overnight Financing – The overnight financing quantity is either contributed to or subtracted from your account when holding a position after a specific time (the “Overnight Funding Time”).
The overnight financing time and the day-to-day 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 Cost 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 earnings and loss and reflected in real time into the unrealised net profit and loss of an open position.

Inactivity Charge – A cost of as much as USD 10 each month will be levied, should you not log in to your trading represent a period of a minimum of three months. This fee will be charged when a month from that moment onwards, as long as no login is made to the account. The inactivity cost will amount to the lower of the staying available balance in your account or USD 10 (or equivalent depending upon your currency). This is to balance out the cost incurred in making the service available, although it has not been used. However, please note that the cost is just gathered from the Real Cash account and only when there suffice available funds in the account. In order to avoid this charge, simply log into your trading account from time to time, as this is deemed sufficient 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 asked for rate (price), the trade goes through a larger spread.

 

Conclusion Plus500 charges
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 expenses on Plus500, we take a closer take a look at the numerous costs you pay when you trade with Plus500.

Plus500 Ltd Annual General Meeting 2018

Software application & possibilities
When you start trading, we comprehend that you of course likewise wish to utilize an excellent software package. With Plus500 trading is mainly done via the online WebTrader. An excellent benefit of the WebTrader is the accessibility: you can log in to the platform at any time and from any place to open or close a position.

What stood out in our evaluation was the user-friendliness of Plus500. The platform looks clear and thanks to the search function you can rapidly find the CFD in which you wish to trade. New clients will therefore not have to search long for buy & offer buttons on Plus500. Plus500 Ltd Annual General Meeting 2018.

 

Opening a trade
Opening a trade with Plus500 is rather simple. It is necessary to bear in mind that with Plus500 you constantly trade in CFDs. With Plus500 you never ever directly trade in a share. The only thing that determines your result is the distinction in between the rate 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 positive result with an increasing cost and when you sell the CFD you get a positive result with a falling price. Since you utilize utilize there is a high danger of losing money quickly due to leverage.

 

The option to hypothesize on a decreasing cost is a significant advantage within the Plus500 platform. The alternative to brief sell increases your versatility and makes it possible to respond to different market scenarios.

 

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

Plus500 Ltd Annual General Meeting 2018

In the order screen you can go into the amount you want to trade with. You likewise have the alternative to instantly open or close the position after a specific price has been reached. This makes it possible to protect you trades when you have to go out. Plus500 Ltd Annual General Meeting 2018.

It is also possible to put an order with Plus500. You do this by entering a rate at which you instantly open the CFD position. By utilizing orders, you can accomplish even better trading outcomes.

Plus500 Ltd Annual General Meeting 2018

 

Utilize
With Plus500 you have the alternative to apply a leverage. With a lever you can take a bigger position with the very same amount of money. Both your potential profit and your possible loss increase when you apply take advantage of. With each security you can instantly see what the optimum take advantage of is that you can use.

The presence of a leverage is a benefit in the review of Plus500. You can always decide to invest with smaller sized quantities if you want to lower your risk.

 

Mobile application
On Plus500 you can also trade with the mobile application they provide. The mobile application is less substantial than the WebTrader. You can perform less substantial analyses with it. However, it is useful to likewise set up the mobile application. With the app you can receive warnings when the rate of a security reaches a particular worth.

The mobile application is really easy to use and it is good to adjust your orders when market conditions alter substantially. The mobile application is therefore a strong point in our review of the Plus500 platform.

Plus500 Ltd Annual General Meeting 2018

Trading alternatives at Plus500
In this part of the review we will discuss the various types of securities you can sell with Plus500.

Forex
With Plus500 you can trade in CFDs on Forex. When you trade in Forex, you speculate on price modifications in currency sets. You can for example place a trade on the development of the euro against the dollar.

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

Commodities
It’s likewise possible to sell products by using CFDs. The most popular commodity for trading is oil. You can often apply an optimum leverage of as much as 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 likewise sell CFDs on choices. Alternatives frequently move strongly: an option can in some cases rise or fall in value by 10s of percent. With CFDs you can use 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 likewise sell CFDs on well-known 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 very unpredictable and it can therefore be interesting to actively hypothesize on their rate advancements. Among the most popular cryptocurrencies to trade in is the Bitcoin. (” Instrument schedule subject to guidelines”). Plus500 Ltd Annual General Meeting 2018.


Conclusion on the trading alternatives at Plus500

Plus500 has a large range of tradable CFD securities. Even fairly unidentified regional 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 evaluation, we examine how Plus500 supports traders.

 

Technical analyses
At Plus500 you can perform technical analyses on the charts. Within the software you can utilize different illustration alternatives. You can draw horizontal levels to indicate price levels where the market frequently relocates the opposing direction.

Plus500 Ltd Annual General Meeting 2018

You can also include technical indicators on the chart. The series of technical signs at Plus500 is massive. You can pick from more than 100 various choices. It is wise to utilize technical indicators. By utilizing technical indications, you can execute much better analyses.

Plus500 Ltd Annual General Meeting 2018

The technical analysis choices within the Plus500 software are extensive. It is troublesome that you can not save several graphs. This indicates that you have to duplicate the evaluates routinely. Expert financiers would have to download other programs to carry out more complex analyses.

 

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

It works that you get a notification within the Plus500 software when intriguing advancements occur. When the rate of, for instance, oil falls greatly, you will receive a notice of this occasion. You can then choose on your own whether you wish to take a position on the market development. Plus500 Ltd Annual General Meeting 2018.

Within the Plus500 software you can likewise see how other users sell a security. By taking a look at the positions other traders take, you can see whether there are more purchasers or sellers. Other basic information is missing 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 fixed quickly in your language.

It is recommended to get in touch with client service by means of 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 phone number is offered. This makes it impossible to speak straight to somebody. Due to the fast processing time, Plus500 still ratings adequately in terms of customer support. Plus500 Ltd Annual General Meeting 2018.

Plus500 Ltd Annual General Meeting 2018

 

Security & dependability
Before you transfer money with a company, you naturally wish to know that it is totally secure to do so. In this part of the evaluation, we take a look at how trusted Plus500 is.

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

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

Security of your deposits
Depending on your nationality, you delight in additional defense if Plus500 goes bankrupt. This is done through a so-called financier security 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 actually also set a number of extra guidelines to ensure that your cash is as protected as possible on Plus500. Below you can find an overview of these measurements:

Plus500 Ltd Annual General Meeting 2018

Plus500 will never ever hypothesize with consumers’ cash. All funds are saved in a separate checking account, which indicates that this money is protected when unexpected things occur with Plus500. And lastly, on Plus500 you are protected against an unfavorable balance, because he Negative balance security is a regulative requirement for all EU brokers. So when you trade with Plus500, you can never ever be entrusted a recurring financial obligation. Plus500 Ltd Annual General Meeting 2018.

 

Conclusion dependability
Plus500 is 100% no rip-off. Plus500 securely handles customer assets. The company is also monitored. Plus500 has actually been around given that 2008 and is even listed on the London stock market. These are all excellent indications that Plus500 is reliable and we have come to that conclusion ourselves.

Plus500 Ltd Annual General Meeting 2018

About the business
Plus500 was founded in 2008 and has actually grown highly since then. Plus500 is active in more than 30 nations and served more than 200,000 active customers in 2019. Plus500 carried out over 35 million transactions with a value of over $1,000 billion in one year. The headquarters of the company can be discovered in Israel, but they have actually opened numerous extra offices in other nations. Do you wish to know more about the Plus500 business? In this article you will find everything you require to understand!

Plus500 Ltd Annual General Meeting 2018

Conclusion review Plus500
Plus500 is among the very best CFD brokers. With Plus500 you can actively trade CFDs on all known shares and cryptocurrencies by utilizing the easy to use software application. On Plus500 you can trade at low rates. You likewise have the chance to react to changing market conditions by putting orders on both fluctuating rates. Plus500 Ltd Annual General Meeting 2018.

Do you want to find how Plus500 works? Then instantly open a totally free demo-account by pressing the button below: