[NEW] – Plus500 Demo Download

Plus500 Evaluation: our experience with this broker – Plus500 Demo Download
Plus500 is an online broker where you can hypothesize with CFDs on cryptocurrencies (Instrument availability subject to policies), Forex and stocks. In this comprehensive review, we share our experiences with this broker. In our test, Plus500 emerged as an user-friendly broker where you can react to the most recent market developments at low rates. Plus500 Demo Download.

Plus500 Demo Download

Advantage Plus500

  • At Plus500 you can speculate on price advancements at low rates.
  • You can trade in a substantial range of CFD shares.
  • It is possible to attempt Plus500 free of charge with a demo.
  • On Plus500 you can utilize the easy to use web trader.
  • Plus500 uses its services in more than 30 different languages.
  • On Plus500 you can begin trading from $100. Plus500 Demo Download.

 

Downsides Plus500

  • Plus500 does not provide advanced software application for professional traders.
  • You can not discover extensive analyses within the platform.
  • Plus500 customer service is not available by phone.
  • On Plus500 you can only trade in CFDs.

Would you like to try the possibilities at Plus500 with a demo entirely free of charge and without risk? Utilize the button listed below to open a demonstration account with this broker:

Plus500 Demo Download

We discuss the following topics in the Plus500 review:

  • Open account: how can you open an account with Plus500?
  • Deposit money: how can you deposit and withdraw cash?
  • Costs: just how much does trading expense on Plus500?
  • Functionalities: what are the possibilities of the software application?
  • Trading choices: in what securities you trade on Plus500?
  • Support: what support do you receive when trading?
  • Costumer service: what is the quality of the client service? (costumer-service).
  • Reliability: Is this broker trusted? (dependability).
  • Details: more details about Plus500 (information).
  • Conclusion: the decision of the Plus500 review (conclusion).

 

Opening an account with Plus500
To do this you must first check out the Plus500 site. Click on this link * to open the Plus500 site. To develop a free demonstration account, you simply have to select an email address and a password. It is also possible to log in with your Facebook or Google account. After you have left this information, you can instantly start trading. Plus500 Demo Download.

Plus500 Demo Download

Plus500 accepts customers from most countries. Nevertheless, there are likewise citizenships that are not confessed 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 offer Plus500 a favorable rating for opening an account. Plus500 Demo Download.

 

Deposit & withdraw money
When you have actually ended up being knowledgeable about the Plus500 platform, you can switch to a genuine cash account at any time. The minimum deposit at Plus500 is $100. You can transfer money into your account by using among these techniques:

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

Prior to your deposit can be processed, you must verify your identity. Plus500 must abide by legislation and can just receive confirmed clients. By validating new customers, Plus500 prevents costumers from using the represent money laundering.

Plus500 Demo Download

We have actually gone through the entire procedure and uploaded the required documents. 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 once again. The length of this procedure depends on your personal situation and can be different for each client.

 

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

Plus500 Demo Download

 

On Plus500 there are no extra costs for depositing and withdrawing money. This is a big advantage of the broker Plus500: lots of other brokers charge a small fee for withdrawing money. Traders can make the most of up to 5 free withdrawals a month, after which a charge will be sustained.

Plus500 Demo Download

Review of the expenses of Plus500
When you start trading with Plus500, you clearly 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 fees of trading with Plus500. Listed below we quickly take a look at which costs Plus500 hands down to its customers.

 

Spread
With Plus500 you pay a spread over every deal. The spread is the distinction between the buy and sell rate of a CFD. Plus500 offers two spread mechanisms for its instruments: Dynamic spread which is continuously changed according to the marketplace spread during the duration a position is open vs. a Spread which does not normally alter in line with basic market variations while a position is open, however when the marketplace is unstable and illiquid, might alter to a brand-new level so that the underlying market conditions are much better shown. Plus500 intends to supply the tightest possible spreads at all times. Plus500 Demo Download.

 

Forex costs on Plus500
On Plus500 you can trade in different currency sets. At the time of writing, you are paying 0.6 pips in transaction costs on the pair of EUR/ USD. We compared these expenses with those of other companies and concluded that these costs are comparable to those of other brokers. (We have drawn out these data on the 2th of June 14:00.).

 

Cryptocurrency expenses on Plus500
On Plus500 you can also sell cryptocurrencies such as Bitcoin. In our review it emerged that at Plus500 you can trade versus relatively 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 reasonably useful at Plus500. (We have actually drawn out 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 therefore possible at a low cost. (Please note 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 need 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 financing offer expenses. In some cases, you actually receive a premium for brief positions. We compared Plus500 with other parties for this review and the funding expenses were reasonably low. Still, it is important to bear in mind that Plus500 is not really appropriate for long-term trading because of the funding fees you need to pay every day. Plus500 Demo Download.

 

Other costs on Plus500
We have extensively examined the expenses for this review, and we have actually not found any bothersome covert expenses. However, you must ensure that you log in to the platform at least when every three months. If you do not do this, expenses for lack of exercise will be charged. This is the case with the majority of brokers.

Do you have an account with Plus500 and are you not planning to trade for a while? It is wise to withdraw the cash from your account.

 

You can check all Costs here:

Plus500 is primarily made up for its services through the “market spread”. For instance, 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 service providers who also charge commissions on each trade, Plus500 does not charge dealing commissions. Plus500 Demo Download.

The following extra fees might be applied:

Overnight Financing – The over night funding quantity is either contributed to or subtracted from your account when holding a position after a particular time (the “Overnight Funding Time”).
The over night financing time and the daily over night financing percentage can be discovered in the “Particulars” link beside the instrument’s name on the main screen of the platform.

Currency Conversion Charge – Plus500 will charge a Currency Conversion Cost for all trades on instruments denominated in a currency various to the currency of your account.
The Currency Conversion Charge will presently depend on 0.7% of the trade’s understood net revenue and loss and reflected in real time into the unrealised net earnings and loss of an employment opportunity.

Lack of exercise Charge – A charge of as much as USD 10 monthly will be levied, ought to you not visit to your trading account for a period of at least 3 months. This fee will be charged when a month from that minute onwards, as long as no login is made to the account. The inactivity cost will amount to the lesser of the staying readily available balance in your account or USD 10 (or equivalent depending on your currency). This is to balance out the cost incurred in making the service offered, even though it has actually not been utilized. Please note that the cost is just gathered from the Real Cash account and just when there are enough available funds in the account. In order to avoid this cost, just log into your trading account from time to time, as this is deemed adequate activity to prevent a cost from being charged.

Surefire Stop Order – if you select this function, please note that as it ensures that your position (trade) closes at a particular requested rate (price), the trade goes through a broader spread.

 

Conclusion Plus500 costs
The expenses Plus500 charges are reasonable and in proportion to the quantity you trade with. This makes it possible to trade with a small amount of money. In our post about the costs on Plus500, we take a closer take a look at the different expenses you pay when you trade with Plus500.

Plus500 Demo Download

Software application & possibilities
When you start trading, we comprehend that you obviously also want to use an excellent software package. With Plus500 trading is mainly done via the online WebTrader. A terrific benefit of the WebTrader is the availability: you can log in to the platform at any time and from any place to open or close a position.

What stood out in our evaluation 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 want to trade. New consumers will therefore not need to search long for buy & offer buttons on Plus500. Plus500 Demo Download.

 

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 trade in a share. The only thing that determines your outcome is the difference between the price at which you open and close the position.

When you open a position, you have two choices. You can purchase the CFD or you can go short on the CFD. When you purchase the CFD you get a positive outcome with a rising rate and when you sell the CFD you get a positive result with a falling rate. Given that you use take advantage of there is a high risk of losing money quickly due to leverage.

 

The alternative to speculate on a declining cost is a major benefit within the Plus500 platform. The option to short sell increases your flexibility and makes it possible to react to various market situations.

 

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

Plus500 Demo Download

In the order screen you can enter the amount you wish to trade with. You likewise have the option to immediately open or close the position after a particular cost has been reached. This makes it possible to secure you trades when you have to go out. Plus500 Demo Download.

It is likewise possible to place an order with Plus500. You do this by entering a cost at which you automatically open the CFD position. By using orders, you can attain even much better trading outcomes.

Plus500 Demo Download

 

Utilize
With Plus500 you have the choice to use a take advantage of. With a lever you can take a larger position with the very same amount of cash. Both your prospective revenue and your prospective loss boost when you apply take advantage of. With each security you can right away see what the optimum take advantage of is that you can apply.

The existence of an utilize is a benefit in the review of Plus500. You can always choose to invest with smaller quantities if you want to reduce your risk.

 

Mobile application
On Plus500 you can likewise trade with the mobile application they provide. The mobile application is less substantial than the WebTrader. You can carry out less extensive analyses with it. However, it works to also set up the mobile application. With the app you can get warnings when the rate of a security reaches a particular worth.

The mobile application is very user-friendly and it is good to change your orders when market conditions change considerably. The mobile application is for that reason a strong point in our evaluation of the Plus500 platform.

Plus500 Demo Download

Trading choices at Plus500
In this part of the evaluation we will talk about 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 cost modifications in currency sets. You can for example place a trade on the development of the euro versus the dollar.

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

Products
It’s also possible to trade in products by using CFDs. The most popular commodity for trading is oil. You can often use an optimum leverage of approximately 1:20 to investments in basic materials. When you trade in gold you can apply an utilize of 1:20.

Options
On Plus500 you can likewise trade in CFDs on options. Choices frequently move strongly: a choice can in some cases rise or fall in worth by 10s of percent. With CFDs you can use a leverage of up to 1:20 to choices, which even more increases your possible gains or losses.

Indices or ETFs
On Plus500 you can also sell CFDs on widely known indexes or ETFs. You can for example sell the Dow Jones or NASDAQ index trackers.


Cryptocurrencies

At Plus500 you can likewise trade with CFDs in the most famous cryptocurrencies. Cryptocurrencies are extremely unpredictable and it can therefore be interesting to actively speculate on their price developments. Among the most popular cryptocurrencies to sell is the Bitcoin. (” Instrument schedule subject to policies”). Plus500 Demo Download.


Conclusion on the trading alternatives at Plus500

Plus500 has a vast array of tradable CFD securities. Even fairly unidentified regional stocks can typically be discovered on the Plus500 platform. This makes Plus500 an appealing broker for investors from all countries. My experience with Plus50 has actually therefore been really favorable.

 

Support & research study
In this part of the review, we examine how Plus500 supports traders.

 

Technical analyses
At Plus500 you can perform technical analyses on the graphs. Within the software you can use various drawing alternatives. You can draw horizontal levels to indicate price levels where the market typically moves in the opposing direction.

Plus500 Demo Download

You can also add technical indications on the graph. The range of technical indications at Plus500 is enormous. You can pick from more than 100 different choices. It is a good idea to use technical indicators. By using technical signs, you can perform better analyses.

Plus500 Demo Download

The technical analysis choices within the Plus500 software are comprehensive. Nevertheless, it is troublesome that you can not conserve numerous graphs. This suggests that you have to duplicate the evaluates frequently. Expert investors would have to download other programs to carry out more complex analyses.

 

Research and education
In this evaluation we can be quick about the possibilities of research study and education: at Plus500 these choices are totally missing out on. There are no courses or webinars offered at Plus500. This is a drawback for people who sign up with Plus500 to learn how to trade much better.

It is useful that you get a notice within the Plus500 software when interesting advancements happen. When the cost of, for instance, oil falls sharply, you will receive an alert of this occasion. You can then decide on your own whether you wish to take a position on the market development. Plus500 Demo Download.

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

 

Customer support
Plus500 has an extensive and fast customer support that is available in more than 30 languages. Your issues can be solved rapidly in your language.

It is suggested to contact customer care by means of live chat. You can use the live chat button within the Plus500 WebTrader. By utilizing the live chat, your issues can be solved practically instantly.

It is also possible to email Plus500. Mails are frequently answered within a day. It is a pity that no phone number is offered. This makes it impossible to speak straight to somebody. Due to the quick processing time, Plus500 still scores sufficiently in regards to client service. Plus500 Demo Download.

Plus500 Demo Download

 

Security & dependability
Before you transfer money with a business, you naturally want to know that it is completely safe to do so. In this part of the evaluation, we take a look at how trusted Plus500 is.

Regulation
Supervisors guarantee that brokers stick to the guidelines. Plus500 is monitored by:

  • Plus500UK Ltd licensed & controlled by the FCA (# 509909).
  • Plus500CY Ltd licensed & managed by the CySEC (# 250/14).
  • Plus500SG Pte Ltd, licensed by MAS (#CMS 100648-1) and IE Singapore (#PLUS/ CBL/2018).
  • Plus500AU Pty Ltd (ACN 153301681), licensed by: ASIC in Australia, AFSL # 417727, FMA in New Zealand, FSP # 486026; licensed financial company in South Africa, FSP # 47546.

Security of your deposits
Depending on your nationality, you enjoy extra protection if Plus500 declares bankruptcy. This is done through a so-called financier security fund. All customer funds are held in a segregated customer bank account in accordance with the Cyprus Securities and Exchange Commission’s (CySEC).

Plus500 has also set several additional rules to guarantee that your cash is as secure as possible on Plus500. Listed below you can find an overview of these measurements:

Plus500 Demo Download

Plus500 will never hypothesize with customers’ money. All funds are kept in a separate savings account, which indicates that this cash is safe when unforeseen things occur with Plus500. And lastly, on Plus500 you are safeguarded versus a negative balance, due to the fact that he Unfavorable balance security is a regulatory requirement for all EU brokers. So when you trade with Plus500, you can never be entrusted to a recurring debt. Plus500 Demo Download.

 

Conclusion reliability
Plus500 is 100% no rip-off. Plus500 firmly manages consumer assets. The business is also monitored. Plus500 has been around given that 2008 and is even noted on the London stock exchange. These are all excellent signs that Plus500 is reputable and we have pertained to that conclusion ourselves.

Plus500 Demo Download

About the company
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 carried out over 35 million transactions with a value of over $1,000 billion in one year. The headquarters of the business can be found in Israel, but they have actually opened several additional offices in other nations. Do you wish to know more about the Plus500 business? In this post you will find whatever you require to know!

Plus500 Demo Download

Conclusion evaluation Plus500
Plus500 is one of the best CFD brokers. With Plus500 you can actively trade CFDs on all known shares and cryptocurrencies by using the user-friendly software application. On Plus500 you can trade at low rates. You also have the opportunity to react to altering market conditions by putting orders on both rising and falling prices. Plus500 Demo Download.

Do you want to find how Plus500 works? Then instantly open a complimentary demo-account by pushing the button below:

 

 

 

 

You May Also Like