Plus500 Review: our experience with this broker – торговля на Plus500
Plus500 is an online broker where you can speculate with CFDs on cryptocurrencies (Instrument accessibility subject to regulations), Forex and stocks. In this extensive review, we share our experiences with this broker. In our test, Plus500 emerged as an user-friendly broker where you can respond to the latest market developments at low rates. торговля на Plus500.
торговля на Plus500
- At Plus500 you can speculate on price advancements at low rates.
- You can trade in an extensive variety of CFD shares.
- It is possible to try Plus500 for free with a demonstration.
- On Plus500 you can use the easy to use web trader.
- Plus500 provides its services in more than 30 different languages.
- On Plus500 you can start trading from $100. торговля на Plus500.
- Plus500 does not provide innovative software application for expert traders.
- You can not discover substantial analyses within the platform.
- Plus500 client service is not available by phone.
- On Plus500 you can only sell CFDs.
Would you like to attempt the possibilities at Plus500 with a demo completely free of charge and without risk? Use the button below to open a demonstration account with this broker:
торговля на Plus500
We talk about the following topics in the Plus500 evaluation:
- Open account: how can you open an account with Plus500?
- Deposit money: how can you transfer and withdraw money?
- Expenses: just how much does trading cost on Plus500?
- Performances: what are the possibilities of the software?
- Trading options: in what securities you trade on Plus500?
- Support: what assistance do you get when trading?
- Customer service: what is the quality of the customer service? (costumer-service).
- Dependability: Is this broker trusted? (reliability).
- Info: more details about Plus500 (info).
- Conclusion: the decision of the Plus500 evaluation (conclusion).
Opening an account with Plus500
To do this you should initially check out the Plus500 site. Click here * to open the Plus500 site. To produce a complimentary demonstration account, you just need to choose an email address and a password. It is also possible to visit with your Facebook or Google account. After you have left this details, you can right away start trading. торговля на Plus500.
Plus500 accepts consumers from the majority of countries. There are also citizenships that are not admitted 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 review, we therefore provide Plus500 a favorable ranking for opening an account. торговля на Plus500.
Deposit & withdraw cash
When you have ended up being familiar with the Plus500 platform, you can switch to a real money account at any time. The minimum deposit at Plus500 is $100. You can transfer money into your account by utilizing one of these approaches:
- Bank transfer.
Prior to your deposit can be processed, you should confirm your identity. Plus500 needs to adhere to legislation and can just get verified consumers. By verifying new clients, Plus500 avoids clients from utilizing the account for money laundering.
We’ve gone through the entire procedure and published the required documents. Our account was authorized and launched by Plus500 within an hour. After validating the identity of your account, you do not have to do it once again. The length of this process depends on your individual scenario and can be various for each costumer.
You can withdraw the cash into your account at any time. You can do this by transferring the cash to your checking account or PayPal account. The transfer is made rapidly and the money will be in your account within a couple of days. торговля на Plus500.
On Plus500 there are no additional expenses for depositing and withdrawing cash. This is a big advantage of the broker Plus500: numerous other brokers charge a little cost for withdrawing cash. Traders can benefit from as much as 5 complimentary withdrawals a month, after which a charge will be incurred.
торговля на Plus500
Evaluation of the expenses of Plus500
When you start trading with Plus500, you clearly do not want a large part of your money to be lost to high deal costs. In this part of the review, we take an in-depth look at the costs of trading with Plus500. Below we quickly examine which costs Plus500 hands down to its consumers.
With Plus500 you pay a spread over every transaction. The spread is the difference in between the buy and sell cost of a CFD. Plus500 uses 2 spread mechanisms for its instruments: Dynamic spread which is constantly changed according to the market spread during the duration a position is open vs. a Spread which does not normally change in line with basic market changes while a position is open, but when the marketplace is unstable and illiquid, might change to a brand-new level so that the underlying market conditions are better shown. Nonetheless, Plus500 intends to offer the tightest possible spreads at all times. торговля на Plus500.
Forex costs on Plus500
On Plus500 you can sell different currency sets. At the time of writing, you are paying 0.6 pips in deal fees on the pair of EUR/ USD. We compared these expenses with those of other companies and concluded that these expenses are comparable to those of other brokers. (We have drawn out these information on the 2th of June 14:00.).
Cryptocurrency expenses on Plus500
On Plus500 you can also trade in cryptocurrencies such as Bitcoin. In our evaluation 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 composing while at eToro you pay more than $50 per agreement. Trading cryptocurrencies is therefore relatively advantageous at Plus500. (We have actually extracted these information on the 2th of June 14:00.).
Share costs on Plus500
At Plus500 you can also sell shares by using CFDs. As an example: For the CFD share Tesla you currently pay a spread of $ 0.95, which relates to 0.12% of the total worth. Trading CFD Tesla shares is for that reason possible at a low cost. (Please keep in mind that this is a photo on April 20, 2020 at 13:00.).
Financing costs at Plus500
With Plus500 you have the choice 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 funding offer costs. In some cases, you in fact receive a premium for short positions. We compared Plus500 with other parties for this review and the funding expenses were fairly low. Still, it is necessary to keep in mind that Plus500 is not extremely appropriate for long-term trading because of the funding costs you have to pay on a daily basis. торговля на Plus500.
Other expenses on Plus500
We have thoroughly investigated the costs for this evaluation, and we have actually not found any annoying surprise expenses. Nevertheless, you must make sure that you visit to the platform at least when every three months. If you don’t do this, costs for lack of exercise will be charged. This holds true with many brokers.
Do you have an account with Plus500 and are you not planning to trade for a while? Then it is wise to withdraw the cash from your account.
You can check all Costs here:
Plus500 is primarily 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 suggests a market spread of 0.6 pips, in this example). Unlike other provider who likewise charge commissions on each trade, Plus500 does not charge dealing commissions. торговля на Plus500.
Nevertheless, the following additional costs might be used:
Overnight Financing – The over night funding amount is either added to or subtracted from your account when holding a position after a specific time (the “Overnight Financing Time”).
The overnight financing time and the everyday over night funding percentage can be discovered in the “Details” link next to the instrument’s name on the primary screen of the platform.
Currency Conversion Charge – Plus500 will charge a Currency Conversion Charge for all trades on instruments denominated in a currency different to the currency of your account.
The Currency Conversion Fee will currently depend on 0.7% of the trade’s understood net earnings and loss and shown in real time into the unrealised net earnings and loss of an employment opportunity.
Inactivity Charge – A cost of approximately USD 10 monthly will be imposed, need to you not log in to your trading represent a duration of a minimum of 3 months. This fee will be charged as soon as a month from that minute onwards, as long as no login is made to the account. The lack of exercise fee will amount to the lower of the remaining offered balance in your account or USD 10 (or equivalent depending on your currency). This is to offset the cost sustained in making the service available, although it has actually not been used. However, please note that the fee is just gathered from the Genuine Cash account and just when there are sufficient available funds in the account. In order to avoid this cost, simply log into your trading account from time to time, as this is deemed sufficient activity to prevent a fee from being charged.
Guaranteed Stop Order – if you choose this feature, please note that as it guarantees that your position (trade) closes at a specific asked for rate (price), the trade undergoes a broader spread.
Conclusion Plus500 costs
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 short article about the costs on Plus500, we take a closer take a look at the numerous expenses you pay when you trade with Plus500.
торговля на Plus500
Software application & possibilities
When you start trading, we understand that you obviously likewise wish to utilize a great software package. With Plus500 trading is mainly done by means of the online WebTrader. A great advantage of the WebTrader is the accessibility: you can log in to the platform at any time and from any location to open or close a position.
What stuck out in our evaluation 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 want to trade. New customers will therefore not need to browse wish for buy & offer buttons on Plus500. торговля на Plus500.
Opening a trade
Opening a trade with Plus500 is rather uncomplicated. It is very important to remember that with Plus500 you constantly trade in CFDs. With Plus500 you never directly sell a share. The only thing that identifies your result is the difference in between the cost at which you open and close the position.
When you open a position, you have 2 choices. You can buy the CFD or you can go short on the CFD. When you buy the CFD you get a favorable result with a rising rate and when you offer the CFD you get a favorable outcome with a falling cost. Because you utilize leverage there is a high danger of losing money quickly due to take advantage of.
The option to speculate on a decreasing cost is a significant advantage within the Plus500 platform. The choice to brief sell increases your versatility and makes it possible to react to various market scenarios.
Type of orders
With Plus500 you can immediately open an order. When you press buy or sell you will see the screen listed below:
In the order screen you can enter the amount you wish to trade with. You also have the choice to automatically open or close the position after a particular price has been reached. This makes it possible to secure you trades when you need to go out. торговля на Plus500.
It is likewise possible to place an order with Plus500. You do this by going into a rate at which you immediately open the CFD position. By using orders, you can accomplish even better trading outcomes.
With Plus500 you have the choice to apply an utilize. With a lever you can take a larger position with the very same quantity of money. Both your potential profit and your possible loss increase when you use utilize. With each security you can immediately see what the optimum leverage is that you can apply.
The existence of a take advantage of is a benefit in the review of Plus500. You can always choose to invest with smaller sized amounts if you want to lower your risk.
On Plus500 you can also trade with the mobile application they offer. The mobile application is less comprehensive than the WebTrader. You can perform less substantial analyses with it. It is useful to also set up the mobile application. With the app you can get cautions when the rate of a security reaches a particular worth.
The mobile application is very user-friendly and it is great to adjust your orders when market conditions alter considerably. The mobile application is therefore a strength in our review of the Plus500 platform.
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Trading alternatives at Plus500
In this part of the review we will discuss the different kinds of securities you can trade in with Plus500.
With Plus500 you can sell CFDs on Forex. When you sell Forex, you speculate on cost changes in currency sets. You can for instance location a trade on the development of the euro versus the dollar.
On Plus500 you can likewise trade in an extensive range of CFD shares. The shares are neatly sorted by nation, so you can rapidly find a share to trade.
It’s likewise possible to trade in commodities by using CFDs. The most popular product for trading is oil. You can frequently apply an optimum utilize of approximately 1:20 to financial investments in basic materials. When you trade in gold you can use an utilize of 1:20.
On Plus500 you can also sell CFDs on options. Options typically move highly: an alternative can often increase or fall in worth by tens of percent. With CFDs you can apply a leverage of up to 1:20 to alternatives, which further increases your possible gains or losses.
Indices or ETFs
On Plus500 you can also trade in CFDs on well-known indexes or ETFs. You can for instance sell the Dow Jones or NASDAQ index trackers.
At Plus500 you can likewise trade with CFDs in the most famous cryptocurrencies. Cryptocurrencies are really unpredictable and it can for that reason be interesting to actively hypothesize on their price advancements. One of the most popular cryptocurrencies to sell is the Bitcoin. (” Instrument availability subject to regulations”). торговля на Plus500.
Conclusion on the trading options at Plus500
Plus500 has a wide variety of tradable CFD securities. Even relatively unidentified local stocks can typically be discovered on the Plus500 platform. This makes Plus500 an attractive broker for investors from all countries. My experience with Plus50 has therefore been really positive.
Support & research study
In this part of the evaluation, we examine how Plus500 supports traders.
At Plus500 you can carry out technical analyses on the graphs. Within the software application you can utilize various drawing choices. You can draw horizontal levels to show price levels where the marketplace often moves in the opposing direction.
You can likewise add technical indicators on the graph. The variety of technical indicators at Plus500 is massive. You can select from more than 100 various options. It is smart to use technical indications. By using technical indicators, you can carry out much better analyses.
The technical analysis choices within the Plus500 software application are substantial. It is bothersome that you can not save multiple graphs. This means that you have to repeat the examines frequently. Professional financiers would have to download other programs to carry out more complex analyses.
Research and education
In this review we can be fast about the possibilities of research study and education: at Plus500 these alternatives are totally missing out on. There are no courses or webinars available at Plus500. This is a disadvantage for people who sign up with Plus500 to learn how to trade much better.
It works that you receive a notice within the Plus500 software when intriguing developments take place. When the cost of, for instance, oil falls sharply, you will receive a notice of this occasion. You can then decide on your own whether you want to take a position on the market advancement. торговля на Plus500.
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 information is missing out on with Plus500 platform. Plus500 does not score well in the field of research and education in our opinion.
Plus500 has an extensive and quick client service that is readily available in more than 30 languages. Your issues can be resolved rapidly in your language.
It is advised to contact customer support by means of live chat. You can utilize the live chat button within the Plus500 WebTrader. By using the live chat, your problems can be solved practically instantly.
It is also possible to email Plus500. Mails are often answered within a day. It is a pity that no telephone number is offered. This makes it difficult to speak directly to someone. Due to the quick processing time, Plus500 still ratings adequately in terms of client service. торговля на Plus500.
Security & dependability
Prior to you transfer cash with a company, you naturally wish to know that it is entirely protected to do so. In this part of the review, we look at how reliable Plus500 is.
Supervisors make sure that brokers adhere to the guidelines. Plus500 is supervised by:
- Plus500UK Ltd authorized & managed by the FCA (# 509909).
- Plus500CY Ltd licensed & controlled by the CySEC (# 250/14).
- Plus500SG Pte Ltd, accredited 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 financial company in South Africa, FSP # 47546.
Security of your deposits
Depending on your nationality, you delight in additional protection if Plus500 declares bankruptcy. 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 also set a number of additional rules to ensure that your money is as safe and secure as possible on Plus500. Below you can find an introduction of these measurements:
Plus500 will never hypothesize with consumers’ money. All funds are saved in a different bank account, which suggests that this cash is safe and secure when unforeseen things occur with Plus500. And lastly, on Plus500 you are protected versus a negative balance, because he Unfavorable balance security is a regulatory requirement for all EU brokers. When you trade with Plus500, you can never be left with a residual debt. торговля на Plus500.
Plus500 is 100% no scam. Plus500 firmly manages client properties. The company is also supervised. Plus500 has been around given that 2008 and is even listed on the London stock market. These are all excellent signs that Plus500 is reputable and we have pertained to that conclusion ourselves.
торговля на Plus500
About the business
Plus500 was founded in 2008 and has actually grown strongly since then. Plus500 is active in more than 30 countries and served more than 200,000 active customers in 2019. Plus500 executed over 35 million transactions with a worth of over $1,000 billion in one year. The headquarters of the business can be found in Israel, but they have opened a number of extra offices in other nations. Do you would like to know more about the Plus500 company? In this article you will find whatever you need to know!
Conclusion review Plus500
Plus500 is among the very best CFD brokers. With Plus500 you can actively trade CFDs on all recognized shares and cryptocurrencies by using the easy to use software. On Plus500 you can trade at low rates. You also have the chance to react to altering market conditions by placing orders on both rising and falling rates. торговля на Plus500.
Do you wish to find how Plus500 works? Right away open a complimentary demo-account by pushing the button listed below:
72% 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