The open positions menu has a real-time view of your profits or losses on the investment. It uses the latest SSL encryption software to protect your financial and personal details. This Plus500 review notes that the firm has strong liquidity, and investors are protected in many countries. For instance, the investor protection amount in the UK is £85,000, while clients under the CySEC regulation also receive that protection. Once done despite trading size or level of your experience all clients use one account feature, while further, traders may get some extra benefits and discounts as long as the trading size increases. In addition, Plus500 shows an understanding of the importance of innovation thus constantly improves trading services, generously rewarding clients with fair trading conditions.

Below are detailed lists of instruments available to trade as CFDs in the different asset classes. Note that some instruments may not be available in every country. Although Plus500 has some drawbacks as its tools, in general we can say that it offers a great service. There is a reason why it has managed to expand to many countries and operate through the London Stock Exchange. When withdrawing money at Plus500, we have an approval period that takes a few days.

Once you’re satisfied with the details of a trade, click on ‘Buy‘ or ‘Sell‘ and confirm the transaction. There is also an option to cancel if you want to opt-out before confirming. Then, pick a category from the list on the left hand side, along with an instrument to trade. Go to Instruments Categories in the menu of your mobile screen, pick a category and an instrument, and choose to ‘Buy‘ or ‘Sell‘.

However, some brokers do have various accounts depending on whether you want low spreads, fixed spreads or no commission fees. This is because certain conditions can be better for different strategies. If you want more options, IC Markets have various account types that can cater to different trading systems.

Costs

In this extensive review we research if it is wise to start trading with Plus500. Read my Plus500 experience and discover yourself if this broker could become your proper partner in trading. Plus500 has a strong reputation in the industry thanks to a broad customer base, its attractive trading terms and its plus500 review status as a FTSE 250 firm. It discloses its financials and adheres to strict regulations laid down by a number of top-tier financial authorities. Plus500 is a reliable online broker with a broad range of trading instruments, a user-friendly platform and some of the lowest trading fees in the industry.

This calendar is very useful as part of a fundamental analysis. It can display charts in multiple timeframes from tick to weekly and in multiple chart styles from candles to bars and lines. Most of the common technical indictors are available such as Bollinger Bands, moving averages, MACD, RSI, etc. There are drawing tools for marking support and resistance levels, plotting Fibonacci retracements and more. You can save chart templates to conveniently load for using again later.

You can also save each chart and alter the chart style and resolution. Plus500 has a bunch of advanced trading tools on offer so you can benefit from rising or dropping markets by opening sell and buy positions. For example, you could trade share CFDs of Moderna stock with a spread of 1.66 pips.

Plus500 Web Trading Platform

Select the amount you wish to open the position with and open the trade. Here is an overview how Plus500 compares to similar trading platforms. Choosing the right platform is important if you want to become an active trader.

Plus500 works for people who are looking for a reliable platform to trade. This company offers some of the lowest fees on the market, making it highly accessible for many users. However, it may have limited functionality for advanced traders looking for more complex trades.

Which Countries do Plus500 support?

Founded in 2008, Plus500 is a multi-regulated and leading online trading broker providing a large range of 2,000+ CFD instruments for trading on an easy to use proprietary trading platforms. They offer commission free trading with tight spreads, a choice of convenient account funding options and highly rated 24/7 customer support. This broker has been around since the start of online trading and has established itself as one of the market leaders in every aspect. They have continued to improve their services and develop innovative technologies for the modern trader, to make sure that everyone can get institutional access to the global markets. Whatever your prior experience, they aim to make online trading as easily accessible as possible.

• Plus500 allows clients to speculate on the price of shares, indices, commodities, forex, options, cryptocurrencies, and ETFs without having to take ownership of the underlying asset.
• If you don’t do this, costs for inactivity will be charged.
• Choose whether to open a ‘buy’ order if you believe the index will rise or a ‘sell’ order if you believe it will fall.

There is no tax accounting tools or trading journal available on the platform. Some brokers charge fees for not trading, so this is a plus. It is difficult to list all the fees per trade based on the available information. Opening and closing positions is done in just a few clicks. All you have to do is to open the mobile app, find an instrument and click on “Buy” or Sell”.

Lower fees, lower costs?

If we would quickly look at Plus500 offers, the first thing we would point is that they offer variable spreads along with an amazing variety of instruments. Yet, all asset classes offered only on CFD basis and the platform you may use is proprietary https://forex-reviews.org/ Plus500 software. Customers can access the CFD broker’s trading platform from more than 50 countries and it is authorized and regulated all over the world. One of the main attractions of Plus500 is that it offers a very low minimum deposit.

Does Plus500 offer phone customer support?

A put option on the other hand would be bought if you wanted to profit from a fall in price. Select the stock – in this example, Barclays – and you are sent to the trading page for that stock. At the top of the screen is the blue bar with the title of the section you are in – the title is clickable, allowing the user to drill down into a particular instrument category.

This is because the customer service centre operates 24 hours a day, 7 days a week to serve the public. Among them, you can choose credit cards such as Visa or Mastercard. You can also use electronic purses such as Paypal or Skrill.

The company simply provides a streamlined WebTrader platform along with similar mobile trading apps for iPhone, iPad, and Android devices where clients can place and monitor trades. The broker offers a demo trading account and standard or professional real trading accounts. I think it is good how they keep things simple with account types.