Plus500 Desktop App Download

Plus500 Review: our experience with this broker – Plus500 Desktop App Download
Plus500 is an online broker where you can speculate with CFDs on cryptocurrencies (Instrument availability subject to policies), Forex and stocks. In this comprehensive evaluation, we share our experiences with this broker. In our test, Plus500 emerged as an user-friendly broker where you can react to the latest market advancements at low rates. Plus500 Desktop App Download.

Plus500 Desktop App Download

Advantage Plus500

  • At Plus500 you can speculate on rate advancements at low rates.
  • You can trade in an extensive series of CFD shares.
  • It is possible to try Plus500 for free with a demo.
  • On Plus500 you can use the user-friendly web trader.
  • Plus500 uses its services in more than 30 various languages.
  • On Plus500 you can start trading from $100. Plus500 Desktop App Download.

 

Drawbacks Plus500

  • Plus500 does not offer sophisticated software application for expert traders.
  • You can not discover extensive analyses within the platform.
  • Plus500 client service is not offered by phone.
  • On Plus500 you can only sell CFDs.

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

–>> Open Demo Account here <<–

Plus500 Desktop App Download

We discuss the following topics in the Plus500 evaluation:

  • Open account: how can you open an account with Plus500?
  • Deposit money: how can you deposit and withdraw money?
  • Costs: how much does trading cost on Plus500?
  • Performances: what are the possibilities of the software application?
  • Trading alternatives: in what securities you trade on Plus500?
  • Assistance: what support do you receive when trading?
  • Client service: what is the quality of the client service? (costumer-service).
  • Reliability: Is this broker reliable? (dependability).
  • Information: more details about Plus500 (info).
  • Conclusion: the verdict of the Plus500 review (conclusion).

 

Opening an account with Plus500
To do this you should initially visit the Plus500 website. Click on this link * to open the Plus500 site. To develop a totally free demonstration account, you simply have to pick an e-mail address and a password. It is also possible to log in with your Facebook or Google account. After you have actually left this info, you can immediately start trading. Plus500 Desktop App Download.

Plus500 Desktop App Download

Plus500 accepts clients from many nations. There are likewise nationalities that are not confessed to Plus500. Traders from for example, 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 ranking for opening an account. Plus500 Desktop App Download.

 

Deposit & withdraw money
When you have become 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 using one of these methods:

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

Prior to your deposit can be processed, you should verify your identity. Plus500 should comply with legislation and can only get validated customers. By verifying new customers, Plus500 avoids costumers from utilizing the represent cash laundering.

Plus500 Desktop App Download

We’ve gone through the entire process and published the needed documents. Our account was approved and launched by Plus500 within an hour. After validating the identity of your account, you do not need to do it once again. The length of this procedure depends upon your individual 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 bank account or PayPal account. The transfer is made rapidly and the money will be in your account within a couple of days. Plus500 Desktop App Download.

Plus500 Desktop App Download

 

On Plus500 there are no additional costs for depositing and withdrawing cash. This is a huge benefit of the broker Plus500: numerous other brokers charge a small cost for withdrawing money. Traders can take advantage of up to 5 free withdrawals a month, after which a cost will be sustained.

–>> Open Demo Account here <<–

Plus500 Desktop App Download

Review of the costs of Plus500
When you start trading with Plus500, you obviously do not desire a big part of your cash to be lost to high deal expenses. In this part of the review, we take a detailed look at the fees of trading with Plus500. Listed below we briefly analyze which costs Plus500 passes on to its consumers.

 

Spread
With Plus500 you pay a spread over every transaction. The spread is the distinction between the buy and sell cost of a CFD. Plus500 provides two spread systems for its instruments: Dynamic spread which is constantly changed according to the market spread out throughout the duration a position is open vs. a Spread which does not usually change in line with basic market variations while a position is open, but when the market is unpredictable and illiquid, may alter to a brand-new level so that the underlying market conditions are better shown. However, Plus500 intends to provide the tightest possible spreads at all times. Plus500 Desktop App Download.

 

Forex expenses on Plus500
On Plus500 you can sell various currency sets. At the time of composing, you are paying 0.6 pips in transaction charges 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 costs on Plus500
On Plus500 you can likewise trade in cryptocurrencies such as Bitcoin. In our evaluation it emerged that at Plus500 you can trade against fairly advantageously fees 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 therefore fairly advantageous at Plus500. (We have actually extracted these data 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 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 snapshot on April 20, 2020 at 13:00.).

 

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

With each security you will see the over night funding buy and the overnight funding sell costs. Sometimes, you actually get a premium for brief positions. We compared Plus500 with other celebrations for this evaluation and the funding costs were reasonably low. Still, it is very important to keep in mind that Plus500 is not very ideal for long-lasting trading because of the funding costs you need to pay every day. Plus500 Desktop App Download.

 

Other expenses on Plus500
We have actually thoroughly examined the expenses for this review, and we have actually not found any bothersome covert expenses. Nevertheless, you should make sure that you log in to the platform at least as soon as every three months. If you don’t do this, expenses for lack of exercise will be charged. This is the case with a lot of brokers.

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

 

You can check all Costs here:

Plus500 is generally compensated 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 provider who also charge commissions on each trade, Plus500 does not charge dealing commissions. Plus500 Desktop App Download.

The following additional fees may be applied:

Overnight Funding – The over night financing amount is either contributed to or subtracted from your account when holding a position after a specific time (the “Overnight Financing Time”).
The over night financing time and the everyday over night funding portion can be discovered in the “Particulars” link next to the instrument’s name on the primary screen of the platform.

Currency Conversion Fee – Plus500 will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account.
The Currency Conversion Fee will presently be up to 0.7% of the trade’s understood net earnings and loss and reflected in real time into the unrealised net revenue and loss of an open position.

Lack of exercise Charge – A cost of approximately USD 10 each month will be imposed, need to you not visit to your trading account for a period of at least three months. This charge will be charged once a month from that minute onwards, as long as no login is made to the account. The inactivity cost will be equal to the lower of the staying available balance in your account or USD 10 (or equivalent depending upon your currency). This is to balance out the expense sustained in making the service readily available, although it has not been used. Please note that the fee is only collected from the Real Cash account and only when there are adequate readily 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 enough activity to prevent a fee from being charged.

Surefire Stop Order – if you select this feature, please note that as it guarantees that your position (trade) closes at a particular asked for rate (cost), the trade undergoes a larger spread.

 

Conclusion Plus500 costs
The costs 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 article about the expenses on Plus500, we take a closer look at the numerous expenses you pay when you trade with Plus500.

Plus500 Desktop App Download

Software application & possibilities
When you begin trading, we understand that you obviously also wish to utilize a great software package. With Plus500 trading is primarily done via the online WebTrader. A great benefit of the WebTrader is the ease of access: you can visit 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 rapidly discover the CFD in which you want to trade. New clients will for that reason not need to search long for purchase & sell buttons on Plus500. Plus500 Desktop App Download.

 

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

When you open a position, you have 2 options. You can purchase the CFD or you can go short on the CFD. When you buy the CFD you get a positive result with a rising price and when you offer the CFD you get a positive outcome with a falling rate. Given that you utilize take advantage of there is a high risk of losing money quickly due to utilize.

 

The choice to speculate on a declining rate is a major advantage within the Plus500 platform. The option to brief sell increases your flexibility and makes it possible to react to various market circumstances.

 

Kind of orders
With Plus500 you can right away open an order. When you push purchase or offer you will see the screen listed below:

Plus500 Desktop App Download

In the order screen you can get in the quantity you wish to trade with. You also have the choice 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 Desktop App Download.

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

Plus500 Desktop App Download

 

Take advantage of
With Plus500 you have the option to apply a take advantage of. With a lever you can take a larger position with the very same amount of cash. Both your possible profit and your potential loss boost when you apply leverage. With each security you can right away see what the optimum take advantage of is that you can use.

The existence of a take advantage of is an advantage in the review of Plus500. You can constantly choose to invest with smaller sized amounts if you wish to reduce your risk.

 

Mobile application
On Plus500 you can also trade with the mobile application they use. The mobile application is less comprehensive than the WebTrader. You can carry out less substantial analyses with it. It is beneficial to also set up the mobile application. With the app you can get warnings when the rate of a security reaches a certain worth.

The mobile application is really user-friendly and it is good to adjust your orders when market conditions change substantially. The mobile application is for that reason a strength in our review of the Plus500 platform.

Plus500 Desktop App Download

Trading options at Plus500
In this part of the review we will go over the various types of securities you can sell with Plus500.

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

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

Products
It’s likewise possible to trade in products by using CFDs. The most popular product for trading is oil. You can frequently use a maximum leverage of as much as 1:20 to financial investments in basic materials. When you trade in gold you can use an utilize of 1:20.

Options
On Plus500 you can likewise trade in CFDs on options. Choices often move strongly: an alternative can often increase or fall in worth by tens of percent. With CFDs you can use a leverage of up to 1:20 to options, which further increases your possible gains or losses.

Indices or ETFs
On Plus500 you can also trade in CFDs on widely 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 well-known cryptocurrencies. Cryptocurrencies are very volatile and it can for that reason be interesting to actively speculate on their cost developments. Among the most popular cryptocurrencies to sell is the Bitcoin. (” Instrument schedule subject to guidelines”). Plus500 Desktop App Download.


Conclusion on the trading options at Plus500

Plus500 has a vast array of tradable CFD securities. Even reasonably unidentified local stocks can typically be discovered on the Plus500 platform. This makes Plus500 an appealing broker for investors from all nations. My experience with Plus50 has actually therefore been very positive.

 

Support & 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 application you can use various illustration alternatives. You can draw horizontal levels to suggest price levels where the market typically moves in the opposing instructions.

Plus500 Desktop App Download

You can likewise add technical indications on the graph. The series of technical indications at Plus500 is enormous. You can choose from more than 100 various options. It is a good idea to use technical indications. By using technical indications, you can execute better analyses.

Plus500 Desktop App Download

The technical analysis alternatives within the Plus500 software application are extensive. It is inconvenient that you can not save several graphs. This implies that you need to repeat the analyzes frequently. Expert financiers would need 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 alternatives are totally missing out on. There are no courses or webinars readily available at Plus500. This is a disadvantage for individuals who join Plus500 to find out how to trade better.

It works that you get an alert within the Plus500 software when interesting advancements take place. When the price of, for instance, oil falls sharply, you will get an alert of this event. You can then choose for yourself whether you want to take a position on the market development. Plus500 Desktop App Download.

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 purchasers or sellers. Other basic data is missing out on with Plus500 platform. Plus500 does not score well in the field of research study and education in our viewpoint.

 

Client service
Plus500 has an extensive and quick customer care that is readily available in more than 30 languages. Your problems can be resolved rapidly in your language.

It is recommended to call customer care through live chat. You can utilize the live chat button within the Plus500 WebTrader. By using the live chat, your problems can be fixed almost right away.

It is also possible to email Plus500. Mails are typically addressed within a day. It is a pity that no phone number is available. This makes it impossible to speak directly to somebody. Due to the fast processing time, Plus500 still scores sufficiently in regards to client service. Plus500 Desktop App Download.

Plus500 Desktop App Download

 

Security & reliability
Before you deposit cash with a company, you naturally wish to know that it is totally safe to do so. In this part of the review, we look at how reputable Plus500 is.

Policy
Supervisors ensure that brokers stick to the guidelines. Plus500 is monitored by:

  • Plus500UK Ltd authorized & regulated 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), certified by: ASIC in Australia, AFSL # 417727, FMA in New Zealand, FSP # 486026; licensed financial provider in South Africa, FSP # 47546.

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

Plus500 has likewise set a number of additional rules to guarantee that your money is as safe and secure as possible on Plus500. Listed below you can discover a summary of these measurements:

Plus500 Desktop App Download

Plus500 will never ever hypothesize with clients’ cash. All funds are stored in a separate bank account, which suggests that this cash is protected when unexpected things happen with Plus500. And finally, on Plus500 you are safeguarded versus a negative balance, because he Unfavorable balance protection is a regulative requirement for all EU brokers. So when you trade with Plus500, you can never be entrusted a residual debt. Plus500 Desktop App Download.

 

Conclusion dependability
Plus500 is 100% no scam. Plus500 safely manages client possessions. The business is also supervised. Plus500 has been around given that 2008 and is even noted on the London stock market. These are all excellent indications that Plus500 is reputable and we have actually pertained to that conclusion ourselves.

Plus500 Desktop App Download

About the business
Plus500 was founded in 2008 and has grown strongly since then. Plus500 is active in more than 30 countries and served more than 200,000 active clients in 2019. Plus500 executed over 35 million deals with a value of over $1,000 billion in one year. The head office of the business can be discovered in Israel, but they have actually opened several additional workplaces in other nations. Do you need to know more about the Plus500 company? In this article you will find whatever you require to understand!

Plus500 Desktop App Download

Conclusion review Plus500
Plus500 is one of the very 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 likewise have the opportunity to respond to changing market conditions by putting orders on both fluctuating rates. Plus500 Desktop App Download.

Do you want to find how Plus500 works? Instantly open a totally free demo-account by pushing the button below:

 

–>> Open Demo Account here <<–

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

 

 

 

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