Plus500 Evaluation: our experience with this broker – Plus500 Annual Report 2014
Plus500 is an online broker where you can hypothesize with CFDs on cryptocurrencies (Instrument accessibility subject to regulations), Forex and stocks. In this extensive evaluation, we share our experiences with this broker. In our test, Plus500 became an easy to use broker where you can react to the latest market advancements at low rates. Plus500 Annual Report 2014.

Plus500 Annual Report 2014

Advantage Plus500

• At Plus500 you can hypothesize on rate advancements at low rates.
• You can sell an extensive series of CFD shares.
• It is possible to attempt Plus500 totally free with a demo.
• On Plus500 you can utilize the user-friendly web trader.
• Plus500 provides its services in more than 30 different languages.
• On Plus500 you can start trading from $100. Plus500 Annual Report 2014.

 

Drawbacks Plus500

• Plus500 does not supply innovative software for expert traders.
• You can not discover extensive analyses within the platform.
• Plus500 customer service is not available by phone.
• On Plus500 you can just trade in CFDs.

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

Plus500 Annual Report 2014

We go over the following subjects in the Plus500 review:

• Open account: how can you open an account with Plus500?
• Deposit money: how can you deposit and withdraw cash?
• Expenses: just how much does trading cost on Plus500?
• Functionalities: what are the possibilities of the software application?
• Trading choices: in what securities you trade on Plus500?
• Support: what assistance do you receive when trading?
• Customer service: what is the quality of the client service? (costumer-service).
• Dependability: Is this broker reliable? (dependability).
• Info: more information about Plus500 (info).
• Conclusion: the decision of the Plus500 review (conclusion).

 

Opening an account with Plus500
To do this you must initially check out the Plus500 site. Click here * to open the Plus500 website. To develop a totally free demo account, you simply have to choose an email address and a password. It is likewise possible to log in with your Facebook or Google account. After you have actually left this details, you can immediately begin trading. Plus500 Annual Report 2014.

Plus500 accepts clients from a lot of nations. Nevertheless, there are likewise citizenships that are not admitted to Plus500. Traders from for example, America, Brazil, Belgium and Syria are unable to open an account at Plus500 at this moment. Opening a demo-account with Plus500 is possible within clicks. In the review, we therefore give Plus500 a favorable rating for opening an account. Plus500 Annual Report 2014.

 

Deposit & withdraw money
When you have actually become familiar with the Plus500 platform, you can change to a genuine money account at any time. The minimum deposit at Plus500 is $100. You can transfer money into your account by using one of these methods:

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

Before your deposit can be processed, you need to confirm your identity. Plus500 should adhere to legislation and can only receive confirmed consumers. By verifying brand-new customers, Plus500 avoids customers from utilizing the represent money laundering.

We have actually gone through the entire process and uploaded the needed files. Our account was approved and released by Plus500 within an hour. After confirming the identity of your account, you do not need to do it again. The length of this procedure depends upon your personal circumstance and can be various for each customer.

 

Withdraw money
You can withdraw the cash into your account at any time. You can do this by transferring the money to your checking account or PayPal account. The transfer is made quickly and the cash will be in your account within a few days. Plus500 Annual Report 2014.

 

On Plus500 there are no extra costs for transferring and withdrawing money. This is a big benefit of the broker Plus500: many other brokers charge a small charge for withdrawing money. Traders can benefit from up to 5 complimentary withdrawals a month, after which a cost will be sustained.

Plus500 Annual Report 2014

Review of the expenses of Plus500
When you begin trading with Plus500, you undoubtedly do not desire a large part of your cash to be lost to high transaction costs. In this part of the review, we take an in-depth look at the charges of trading with Plus500. Listed below we briefly analyze which costs Plus500 passes on to its clients.

 

Spread
With Plus500 you pay a spread over every deal. The spread is the difference in between the buy and sell price of a CFD. Plus500 offers 2 spread mechanisms for its instruments: Dynamic spread which is constantly changed according to the marketplace spread out during the period a position is open vs. a Spread which does not generally change in line with basic market fluctuations while a position is open, but when the marketplace is unpredictable and illiquid, might change to a brand-new level so that the underlying market conditions are better reflected. However, Plus500 intends to supply the tightest possible spreads at all times. Plus500 Annual Report 2014.

 

Forex expenses on Plus500
On Plus500 you can sell various currency pairs. At the time of writing, you are paying 0.6 pips in transaction charges on the pair of EUR/ USD. We compared these expenses with those of other service providers and concluded that these costs are comparable to those of other brokers. (We have actually drawn out these information on the 2th of June 14:00.).

 

Cryptocurrency expenses 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 relatively advantageously charges 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 for that reason relatively beneficial at Plus500. (We have drawn out these data on the 2th of June 14:00.).

 

Share expenses on Plus500
At Plus500 you can likewise trade in shares by using CFDs. As an example: For the CFD share Tesla you currently pay a spread of $ 0.95, which corresponds 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.).

 

Funding costs at Plus500
With Plus500 you have the alternative to trade on margin. Since you can trade on margin, you do not have to put in the full amount of the trading position yourself. You do have to pay a premium for this.

With each security you will see the overnight financing buy and the over night funding sell expenses. In some cases, you actually get a premium for short positions. We compared Plus500 with other celebrations for this review and the financing expenses were relatively low. Still, it is very important to bear in mind that Plus500 is not extremely appropriate for long-term trading because of the funding charges you have to pay on a daily basis. Plus500 Annual Report 2014.

 

Other expenses on Plus500
We have thoroughly examined the expenses for this review, and we have actually not found any annoying hidden costs. Nevertheless, you need to make sure that you log in to the platform at least as soon as every 3 months. If you do not do this, expenses for inactivity will be charged. This is the case with a lot of brokers.

Do you have an account with Plus500 and are you not preparing to trade for a while? Then it is smart to withdraw the cash from your account.

 

You can check all Charges here:

Plus500 is mainly made up 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 means a market spread of 0.6 pips, in this example). Unlike other company who also charge commissions on each trade, Plus500 does not charge dealing commissions. Plus500 Annual Report 2014.

However, the following additional fees may be used:

Overnight Financing – The over night funding quantity is either added to or subtracted from your account when holding a position after a certain time (the “Overnight Funding Time”).
The overnight financing time and the day-to-day overnight funding percentage 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 different to the currency of your account.
The Currency Conversion Charge will presently depend on 0.7% of the trade’s understood net profit and loss and reflected in real time into the unrealised net profit and loss of an open position.

Lack of exercise Fee – A charge of as much as USD 10 per month will be imposed, should you not log in to your trading account for a period of at least 3 months. This cost will be charged when a month from that minute onwards, as long as no login is made to the account. The lack of exercise cost will amount to the lower of the staying offered balance in your account or USD 10 (or equivalent depending upon your currency). This is to balance out the cost sustained in making the service offered, despite the fact that it has actually not been utilized. Nevertheless, please note that the cost is just collected from the Real Cash account and just when there suffice readily available funds in the account. In order to avoid this cost, simply log into your trading account from time to time, as this is considered adequate activity to prevent a cost from being charged.

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

Plus500 Annual Report 2014

Software & possibilities
When you start trading, we understand that you of course likewise want to use a great software package. With Plus500 trading is generally done through the online WebTrader. A fantastic 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 stood apart in our review was the user-friendliness of Plus500. The platform looks clear and thanks to the search function you can rapidly find the CFD in which you wish to trade. New clients will for that reason not need to search long for buy & offer buttons on Plus500. Plus500 Annual Report 2014.

 

Opening a trade
Opening a trade with Plus500 is rather straightforward. It is essential to bear in mind that with Plus500 you always sell CFDs. With Plus500 you never directly sell a share. The only thing that identifies your result is the difference in between the price at which you open and close the position.

When you open a position, you have two options. You can buy the CFD or you can go short on the CFD. When you purchase the CFD you get a positive outcome with an increasing cost and when you sell the CFD you get a favorable outcome with a falling price. Because you utilize leverage there is a high danger of losing cash quickly due to leverage.

 

The choice to hypothesize on a declining price is a significant advantage within the Plus500 platform. The alternative to brief sell increases your flexibility and makes it possible to react to different market scenarios.

 

Kind of orders
With Plus500 you can instantly open an order. When you push buy or sell you will see the screen listed below:

In the order screen you can go into the quantity you want to trade with. You also have the option to instantly open or close the position after a specific rate has actually been reached. This makes it possible to safeguard you trades when you need to go out. Plus500 Annual Report 2014.

It is also possible to position an order with Plus500. You do this by entering a price at which you instantly open the CFD position. By utilizing orders, you can accomplish even much better trading results.

 

Utilize
With Plus500 you have the alternative to apply a leverage. With a lever you can take a bigger position with the same amount of money. Both your potential revenue and your prospective loss boost when you apply take advantage of. With each security you can immediately see what the maximum leverage is that you can apply.

The existence of a take advantage of is an advantage in the evaluation of Plus500. You can constantly decide to invest with smaller amounts if you wish to decrease your risk.

 

Mobile application
On Plus500 you can also trade with the mobile application they offer. The mobile application is less substantial than the WebTrader. You can perform less substantial analyses with it. It is helpful to also set up the mobile application. With the app you can get warnings when the cost of a security reaches a particular worth.

The mobile application is really easy to use and it is great to change your orders when market conditions change considerably. The mobile application is therefore a strong point in our evaluation of the Plus500 platform.

Plus500 Annual Report 2014

Trading choices at Plus500
In this part of the review we will go over the different kinds of securities you can sell with Plus500.

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

Shares
On Plus500 you can likewise sell a substantial variety of CFD shares. The shares are nicely arranged by nation, so you can rapidly find a share to trade.

Commodities
It’s likewise possible to sell products by using CFDs. The most popular commodity for trading is oil. You can frequently apply an optimum utilize of up to 1:20 to financial investments in raw materials. When you sell gold you can use an utilize of 1:20.

Options
On Plus500 you can also trade in CFDs on options. Alternatives frequently move strongly: a choice can in some cases increase or fall in worth by 10s of percent. With CFDs you can apply 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 likewise trade in CFDs on well-known indexes or ETFs. You can for instance sell the Dow Jones or NASDAQ index trackers.

Cryptocurrencies
At Plus500 you can likewise trade with CFDs in the most popular cryptocurrencies. Cryptocurrencies are very unstable and it can therefore be interesting to actively hypothesize on their cost advancements. One of the most popular cryptocurrencies to sell is the Bitcoin. (” Instrument availability subject to policies”). Plus500 Annual Report 2014.

Conclusion on the trading options at Plus500
Plus500 has a wide range of tradable CFD securities. Even relatively unknown regional stocks can frequently be found on the Plus500 platform. This makes Plus500 an attractive broker for financiers from all nations. My experience with Plus50 has actually therefore been extremely positive.

 

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

 

Technical analyses
At Plus500 you can carry out technical analyses on the graphs. Within the software you can use various drawing choices. You can draw horizontal levels to indicate price levels where the marketplace frequently moves in the opposing instructions.

You can also include technical indications on the graph. The series of technical indicators at Plus500 is massive. You can select from more than 100 different choices. It is a good idea to utilize technical signs. By utilizing technical indications, you can perform better analyses.

The technical analysis options within the Plus500 software are substantial. It is troublesome that you can not save numerous graphs. This indicates that you have to duplicate the examines frequently. Professional investors would have to download other programs to carry out more complex analyses.

 

Research and education
In this review we can be quick about the possibilities of research study and education: at Plus500 these alternatives are entirely missing. There are no courses or webinars readily available at Plus500. This is a drawback for people who join Plus500 to find out how to trade much better.

It works that you receive a notice within the Plus500 software application when intriguing developments take place. When the price of, for instance, oil falls greatly, you will receive a notification of this occasion. You can then choose for yourself whether you wish to take a position on the marketplace advancement. Plus500 Annual Report 2014.

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

 

Customer service
Plus500 has a thorough and fast customer care that is offered in more than 30 languages. Your problems can be fixed quickly in your language.

It is advised to get in touch with customer support via live chat. You can utilize the live chat button within the Plus500 WebTrader. By using the live chat, your issues can be solved practically immediately.

It is also possible to email Plus500. Mails are frequently answered within a day. It is a pity that no phone number is readily available. This makes it impossible to speak directly to someone. Due to the fast processing time, Plus500 still scores sufficiently in regards to customer service. Plus500 Annual Report 2014.

 

Security & dependability
Before you transfer cash with a business, you naturally need to know that it is totally secure to do so. In this part of the review, we look at how reputable Plus500 is.

Regulation
Supervisors ensure that brokers comply with the rules. Plus500 is supervised by:

• Plus500UK Ltd licensed & managed by the FCA (# 509909).
• Plus500CY Ltd licensed & regulated 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; licensed financial service provider in South Africa, FSP # 47546.

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

Plus500 has likewise set several extra guidelines to ensure that your cash is as protected as possible on Plus500. Listed below you can discover a summary of these measurements:

Plus500 will never hypothesize with customers’ cash. All funds are stored in a separate bank account, which suggests that this cash is protected when unforeseen things happen with Plus500. And finally, on Plus500 you are secured versus an unfavorable balance, because he Negative balance protection is a regulative requirement for all EU brokers. So when you trade with Plus500, you can never ever be entrusted to a recurring debt. Plus500 Annual Report 2014.

 

Conclusion reliability
Plus500 is 100% no fraud. Plus500 securely handles customer assets. The company is likewise monitored. Plus500 has been around since 2008 and is even noted on the London stock market. These are all excellent indications that Plus500 is trusted and we have pertained to that conclusion ourselves.

Plus500 Annual Report 2014

About the business
Plus500 was founded in 2008 and has actually grown strongly ever since. Plus500 is active in more than 30 nations and served more than 200,000 active clients in 2019. Plus500 performed over 35 million deals with a worth of over $1,000 billion in one year. The head office of the company can be found in Israel, however they have actually opened a number of additional offices in other countries. Do you want to know more about the Plus500 company? In this short article you will discover whatever you require to understand!

Conclusion review Plus500
Plus500 is one of the very best CFD brokers. With Plus500 you can actively trade CFDs on all recognized shares and cryptocurrencies by utilizing the easy to use software. On Plus500 you can trade at low rates. You likewise have the opportunity to respond to changing market conditions by putting orders on both fluctuating costs. Plus500 Annual Report 2014.

Do you want to find how Plus500 works? Then right away open a totally free demo-account by pressing the button listed below: