Plus500 Software Download

Plus500 Evaluation: our experience with this broker – Plus500 Software Download
Plus500 is an online broker where you can hypothesize with CFDs on cryptocurrencies (Instrument availability subject to regulations), Forex and stocks. In this substantial evaluation, we share our experiences with this broker. In our test, Plus500 became an easy to use broker where you can react to the most recent market developments at low rates. Plus500 Software Download.

Plus500 Software Download

Advantage Plus500

  • At Plus500 you can hypothesize on cost advancements at low rates.
  • You can trade in an extensive range of CFD shares.
  • It is possible to try Plus500 free of charge with a demo.
  • On Plus500 you can utilize the user-friendly web trader.
  • Plus500 uses its services in more than 30 different languages.
  • On Plus500 you can start trading from $100. Plus500 Software Download.

 

Disadvantages Plus500

  • Plus500 does not offer sophisticated software application for professional traders.
  • You can not discover substantial analyses within the platform.
  • Plus500 customer support is not readily available by phone.
  • On Plus500 you can only trade in CFDs.

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

Plus500 Software Download

We discuss the following topics in the Plus500 evaluation:

  • Open account: how can you open an account with Plus500?
  • Deposit cash: how can you deposit and withdraw money?
  • Expenses: how much does trading cost on Plus500?
  • Performances: what are the possibilities of the software application?
  • Trading options: in what securities you trade on Plus500?
  • Support: what support do you receive when trading?
  • Costumer service: what is the quality of the client service? (costumer-service).
  • Reliability: Is this broker trusted? (reliability).
  • Details: more information about Plus500 (info).
  • Conclusion: the decision of the Plus500 review (conclusion).

 

Opening an account with Plus500
To do this you must initially visit the Plus500 website. Click here * to open the Plus500 site. To develop a complimentary demonstration account, you just need to select an e-mail address and a password. It is also possible to visit with your Facebook or Google account. After you have actually left this information, you can instantly start trading. Plus500 Software Download.

Plus500 Software Download

Plus500 accepts clients from a lot of nations. There are also 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 evaluation, we therefore offer Plus500 a positive score for opening an account. Plus500 Software Download.

 

Deposit & withdraw money
When you have actually become 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 money into your account by utilizing among these methods:

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

Before your deposit can be processed, you must verify your identity. Plus500 must comply with legislation and can only get verified clients. By confirming brand-new clients, Plus500 avoids customers from using the account for cash laundering.

Plus500 Software Download

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

 

Withdraw cash
You can withdraw the cash into your account at any time. You can do this by transferring the money to your bank account or PayPal account. The transfer is made rapidly and the money will remain in your account within a few days. Plus500 Software Download.

Plus500 Software Download

 

On Plus500 there are no extra costs for depositing and withdrawing money. This is a huge advantage of the broker Plus500: numerous other brokers charge a small fee for withdrawing cash. Traders can benefit from as much as 5 free withdrawals a month, after which a charge will be sustained.

Plus500 Software Download

Evaluation of the costs 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 costs. In this part of the review, we take a detailed take a look at the costs of trading with Plus500. Below we briefly take a look at which costs Plus500 hands down to its customers.

 

Spread
With Plus500 you pay a spread over every transaction. The spread is the difference between the buy and sell rate of a CFD. Plus500 offers two spread mechanisms for its instruments: Dynamic spread which is constantly adjusted according to the market spread out during the duration a position is open vs. a Spread which does not normally alter in line with general market fluctuations while a position is open, but when the market is volatile and illiquid, may change to a brand-new level so that the underlying market conditions are much better reflected. Nonetheless, Plus500 intends to supply the tightest possible spreads at all times. Plus500 Software Download.

 

Forex expenses on Plus500
On Plus500 you can trade in various currency pairs. At the time of composing, you are paying 0.6 pips in transaction charges on the pair of EUR/ USD. We compared these expenses with those of other suppliers and concluded that these expenses are comparable to those of other brokers. (We have actually extracted these data on the 2th of June 14:00.).

 

Cryptocurrency costs on Plus500
On Plus500 you can likewise trade in cryptocurrencies such as Bitcoin. In our review it emerged that at Plus500 you can trade versus reasonably 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 advantageous at Plus500. (We have drawn out these data on the 2th of June 14:00.).

 

Share costs 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 relates to 0.12% of the total value. Trading CFD Tesla shares is for that reason possible at a low cost. (Please note that this is a picture on April 20, 2020 at 13:00.).

 

Funding costs at Plus500
With Plus500 you have the option 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 over night financing buy and the over night financing offer expenses. In some cases, you in fact get a premium for short positions. We compared Plus500 with other parties for this review and the funding expenses were relatively low. Still, it is very important to bear in mind that Plus500 is not really appropriate for long-lasting trading because of the funding fees you have to pay every day. Plus500 Software Download.

 

Other costs on Plus500
We have thoroughly investigated the expenses for this evaluation, and we have actually not found any annoying surprise costs. You should make sure that you log in to the platform at least once every 3 months. If you do not do this, costs for lack of exercise 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? It is wise to withdraw the money from your account.

 

You can examine all Charges here:

Plus500 is mainly compensated 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 indicates 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 Software Download.

The following additional fees may be applied:

Overnight Funding – The overnight funding amount is either added to or subtracted from your account when holding a position after a certain time (the “Overnight Funding Time”).
The overnight funding time and the daily over night funding 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 Charge 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 web revenue and loss and shown in real time into the unrealised net earnings and loss of an open position.

Inactivity Cost – A fee of as much as USD 10 monthly will be levied, need to you not visit to your trading represent a duration of a minimum of three months. This charge will be charged as soon as a month from that moment onwards, as long as no login is made to the account. The inactivity cost will be equal to the lower of the staying offered balance in your account or USD 10 (or comparable depending on your currency). This is to offset the expense incurred in making the service available, even though it has not been utilized. Please note that the charge is only collected from the Real Cash account and only when there are sufficient offered funds in the account. In order to avoid this charge, just log into your trading account from time to time, as this is considered enough activity to prevent a charge from being charged.

Surefire Stop Order – if you pick this feature, please note that as it ensures that your position (trade) closes at a particular requested rate (cost), the trade is subject to a broader 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 post about the expenses on Plus500, we take a closer look at the different costs you pay when you trade with Plus500.

Plus500 Software Download

Software & possibilities
When you begin trading, we comprehend that you naturally also want to use a great software package. With Plus500 trading is primarily done by means of the online WebTrader. An excellent benefit 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 discover the CFD in which you wish to trade. New clients will therefore not need to browse long for buy & offer buttons on Plus500. Plus500 Software Download.

 

Opening a trade
Opening a trade with Plus500 is rather straightforward. It is essential to keep in mind that with Plus500 you always trade in CFDs. With Plus500 you never ever straight trade in a share. The only thing that determines your outcome is the distinction between the cost at which you open and close the position.

When you open a position, you have 2 options. You can buy the CFD or you can go short on the CFD. When you purchase the CFD you get a positive result with an increasing rate and when you offer the CFD you get a favorable result with a falling cost. Since you use leverage there is a high risk of losing cash quickly due to utilize.

 

The choice to speculate on a decreasing cost is a significant advantage within the Plus500 platform. The alternative to brief sell increases your flexibility and makes it possible to respond to various market circumstances.

 

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

Plus500 Software Download

In the order screen you can enter the quantity you wish to trade with. You likewise have the alternative to instantly open or close the position after a certain rate has actually been reached. This makes it possible to protect you trades when you have to go out. Plus500 Software Download.

It is also possible to put an order with Plus500. You do this by getting in a cost at which you instantly open the CFD position. By using orders, you can achieve even better trading results.

Plus500 Software Download

 

Take advantage of
With Plus500 you have the choice to use a take advantage of. With a lever you can take a larger position with the exact same amount of money. Both your possible revenue and your potential loss increase when you use take advantage of. With each security you can instantly see what the optimum take advantage of is that you can use.

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

 

Mobile application
On Plus500 you can also trade with the mobile application they offer. The mobile application is less extensive than the WebTrader. You can perform less comprehensive analyses with it. It is useful to also install the mobile application. With the app you can get cautions when the price of a security reaches a specific worth.

The mobile application is really user-friendly and it is great to adjust your orders when market conditions change substantially. The mobile application is for that reason a strong point in our review of the Plus500 platform.

Plus500 Software Download

Trading choices at Plus500
In this part of the evaluation we will go over the various kinds of securities you can trade in with Plus500.

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

Shares
On Plus500 you can also trade in a substantial range of CFD shares. The shares are neatly sorted by nation, so you can rapidly discover a share to trade.

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

Options
On Plus500 you can also trade in CFDs on alternatives. Alternatives typically move highly: an alternative can in some cases increase or fall in worth by tens of percent. With CFDs you can use a leverage of as much as 1:20 to alternatives, which even more increases your prospective gains or losses.

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


Cryptocurrencies

At Plus500 you can also trade with CFDs in the most popular cryptocurrencies. Cryptocurrencies are very volatile and it can therefore be interesting to actively speculate on their cost advancements. One of the most popular cryptocurrencies to trade in is the Bitcoin. (” Instrument accessibility subject to policies”). Plus500 Software Download.


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 attractive broker for financiers from all countries. My experience with Plus50 has therefore been really positive.

 

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

 

Technical analyses
At Plus500 you can perform technical analyses on the graphs. Within the software application you can use various drawing choices. You can draw horizontal levels to suggest price levels where the marketplace often relocates the opposing instructions.

Plus500 Software Download

You can likewise add technical indicators on the graph. The range of technical signs at Plus500 is huge. You can pick from more than 100 different choices. It is a good idea to utilize technical indicators. By utilizing technical signs, you can execute better analyses.

Plus500 Software Download

The technical analysis choices within the Plus500 software application are substantial. Nevertheless, it is inconvenient that you can not save multiple graphs. This indicates that you have to duplicate the evaluates regularly. 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. There are no courses or webinars offered at Plus500. This is a downside for people who sign up with Plus500 to discover how to trade much better.

It is useful that you get a notification within the Plus500 software application when fascinating developments take place. When the rate of, for example, oil falls dramatically, you will get a notification of this event. You can then decide on your own whether you want to take a position on the market development. Plus500 Software Download.

Within the Plus500 software application you can also see how other users trade in a security. By looking at the positions other traders take, you can see whether there are more buyers or sellers. Other basic data is missing with Plus500 platform. Plus500 does not score well in the field of research and education in our opinion.

 

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

It is suggested to contact customer support by means of live chat. You can use the live chat button within the Plus500 WebTrader. By utilizing the live chat, your issues can be solved almost right away.

It is likewise possible to email Plus500. Mails are often responded to within a day. It is a pity that no phone number is offered. This makes it difficult to speak straight to someone. Due to the fast processing time, Plus500 still ratings adequately in regards to customer support. Plus500 Software Download.

Plus500 Software Download

 

Security & dependability
Before you transfer money with a company, you naturally want to know that it is entirely protected to do so. In this part of the evaluation, we look at how trustworthy Plus500 is.

Guideline
Supervisors ensure that brokers abide by the rules. Plus500 is supervised by:

  • Plus500UK Ltd licensed & regulated by the FCA (# 509909).
  • Plus500CY Ltd licensed & controlled by the CySEC (# 250/14).
  • Plus500SG Pte Ltd, certified 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 company in South Africa, FSP # 47546.

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

Plus500 has actually likewise set several extra guidelines to ensure that your money is as safe and secure as possible on Plus500. Listed below you can find an introduction of these measurements:

Plus500 Software Download

Plus500 will never ever speculate with clients’ money. All funds are saved in a different checking account, which indicates that this money is protected when unanticipated things occur with Plus500. And finally, on Plus500 you are protected versus an unfavorable balance, due to the fact that he Unfavorable balance security is a regulative requirement for all EU brokers. So when you trade with Plus500, you can never ever be left with a recurring debt. Plus500 Software Download.

 

Conclusion dependability
Plus500 is 100% no scam. Plus500 securely manages consumer possessions. The company is likewise supervised. Plus500 has been around since 2008 and is even listed on the London stock market. These are all excellent signs that Plus500 is reputable and we have concerned that conclusion ourselves.

Plus500 Software Download

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 clients in 2019. Plus500 performed 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, however they have actually opened several additional offices in other nations. Do you wish to know more about the Plus500 company? In this post you will discover everything you require to understand!

Plus500 Software Download

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 user-friendly software. On Plus500 you can trade at low rates. You likewise have the chance to respond to altering market conditions by putting orders on both fluctuating costs. Plus500 Software Download.

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