Plus500
Plus500.com offers Contracts for Difference - CFDs, with a total catalog of over 2,000 underlying assets. It is without doubt one of the most famous brokers in Europe and is extremely popular with traders in our country. This Plus500 review will examine the main features of this broker and provide a guide to its CFD services.
80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Platform
Plus500 works via 3 different proprietary platforms. The first and perhaps the most popular platform is the Plus500 Webtrader that you can use directly in your browser. If you prefer, you can also use the downloadable platform. There are also dedicated applications for Apple, Android and windows devices.
All platforms offer excellent trading, analysis and information tools, like real-time graphs, news feeds, risk management tools and much more.
DemoAccount
The demo account is unlimited and allows traders to experience the service and test their strategies for as long as they want. It works just like the real trading account with real market conditions, only you don’t have to use real money for your activity. To use the demo account, download the software and register to the service.
Spreads
Spreads depend on the trading instrument and are adjusted according to market's volatility.
Products
Plus 500 offers CFDs on more than 2,000 underlying assets including commodities, indices, foreign exchange, options and ETFs. You can choose from more than 50 currency pairs, including the popular EURUSD, EURGBP, EURJPY and others, less spread currency pairs like EURPLN, USDDKK. You can also find all major indices, raw materials and EFTs and hundreds of shares.
Minimum Deposit
The minimum deposit to open an account is only 100 Euros.
Payment Methods
Payment methods accepted are: credit cards (Visa/MasterCard), Skrill, Paypal, and bank transfers. Cash is obviously not accepted.
80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Customer Service
Customer service is available 24 hours a day, and can be reached via a contact form.
License
- Plus500UK Ltd authorized & regulated by the FCA (#509909).
- Plus500CY Ltd authorized & regulated by CySEC (#250/14).
- Plus500SG Pte Ltd, licensed by the MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018).
- Plus500AU Pty Ltd (ACN 153301681), licensed by: ASIC in Australia, AFSL #417727, FMA in New Zealand, FSP #486026; Authorised Financial Services Provider in South Africa, FSP #47546.You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.