Plus500 Review

Plus500 is registered in England and Wales. The broker is authorized and regulated by Financial Conduct Authority.

Plus500 offers the ability to trade CFDs. The website is available in English, Arabic and Hebrew. 

The user-friendly multi-asset trading platforms are available in 14 languages and covers US, UK, European and Asian exchanges. Below are the available platform options:

Windows Trader

Web Trader

Mobile Trading

Free demo account gives an opportunity to trade with virtual money. You can try out our set up, simulate trading strategies and back test. The best part of it all – there is no time limit on the practice account! With almost all forex brokers, you have time limit (usually no more than 3 months), so unlimited demo account is definitely a nice and very unique feature.

Minimum deposit with Plus 500 is $100 for mini account with leverage option of 200:1. During trades, there is an access to financial markets, real-time quotes, professional graphs and chart, entry and profit/loss limits, trailing stops and market orders. The spreads are as low as 2 pips for major currencies such as EUR/USD.

Before trading live, beginners can take advantage of training videos available on the Plus500 website. The videos give in-depth insight on the trading platform and the basics of trading, which is definitely a helpful resource for newbies.

While there is no online chat on the website itself, there is online support team via the platform. Other ways to get help include 24/7 email, phone and fax support.

Plus 500 offers 30% bonus on the first deposit, plus an extra $50 gift to your trading account. Deposits and withdrawals are processed in fast and easy manner. The payment methods include MoneyBookers, Credit Card (Visa or Master Card) and Wire Transfer.

Summary

Overall,  apart from the fact that the website lacks information about the services provided by the broker, Plus 500 offers professional trading services, comprehensive platform interface, large variety of trading tools, smart charting system and very short and simple registration process. Plus 500 is backed by strong financial institution and developed by professional, experienced team of traders.

Below are the key features of the broker:

 

 

No commissions! - fixed spreads

Free time-unlimited demo trading platform

Leverage - up to 1:50

Advanced Technical Analysis Tools

Real-time live streaming quotes

Start funding your account with as little as 100

Forex: EUR/USD 2 pips

Trade Stocks, Forex, CFDs, Indices, Oil and more

Fund your account by credit card or wire transfer

open account

Add comment


Security code
Refresh

500plus

Your capital may be at risk

open account

Plus500 Summary

Name: Plus500 *risk involved
Regulation: Financial Conduct Authority
Established: 2008
Trading Platform: Plus500
Currencies: 20
Max Leverage: 1:200
Demo Account: yes
Min Deposit: $100
Payment: Credit card
Languages: English, Hebrew, Arabic
Online Support: no