Plus500 Evaluation: our experience with this broker – Tutoriel Plus500
Plus500 is an online broker where you can hypothesize with CFDs on cryptocurrencies (Instrument schedule subject to guidelines), Forex and stocks. In this comprehensive review, we share our experiences with this broker. In our test, Plus500 emerged as an easy to use broker where you can respond to the latest market advancements at low rates. Tutoriel Plus500.
- At Plus500 you can speculate on price developments at low rates.
- You can trade in an extensive series of CFD shares.
- It is possible to try Plus500 totally free with a demo.
- On Plus500 you can use the easy to use web trader.
- Plus500 offers its services in more than 30 various languages.
- On Plus500 you can start trading from $100. Tutoriel Plus500.
- Plus500 does not provide sophisticated software for expert traders.
- You can not find substantial analyses within the platform.
- Plus500 customer service is not readily available by phone.
- On Plus500 you can just sell CFDs.
Would you like to try the possibilities at Plus500 with a demo totally free of charge and without danger? Use the button listed below to open a demonstration account with this broker:
We discuss the following subjects in the Plus500 review:
- Open account: how can you open an account with Plus500?
- Deposit cash: how can you transfer and withdraw money?
- Expenses: 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 support do you get when trading?
- Customer service: what is the quality of the costumer service? (costumer-service).
- Dependability: Is this broker dependable? (reliability).
- Info: more information about Plus500 (information).
- Conclusion: the decision of the Plus500 evaluation (conclusion).
Opening an account with Plus500
To do this you must initially visit the Plus500 site. Click on this link * to open the Plus500 site. To produce a totally free demo account, you just have to select an e-mail address and a password. It is likewise possible to log in with your Facebook or Google account. After you have actually left this info, you can immediately begin trading. Tutoriel Plus500.
Plus500 accepts clients from a lot of 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 for that reason provide Plus500 a favorable rating for opening an account. Tutoriel Plus500.
Deposit & withdraw cash
When you have ended up being familiar with the Plus500 platform, you can change to a real cash account at any time. The minimum deposit at Plus500 is $100. You can deposit cash into your account by utilizing one of these approaches:
- Bank transfer.
Before your deposit can be processed, you should validate your identity. Plus500 needs to comply with legislation and can only receive confirmed clients. By validating new clients, Plus500 avoids costumers from using the represent money laundering.
We have actually gone through the whole process and published the required documents. Our account was authorized and released 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 on your personal circumstance and can be different for each costumer.
You can withdraw the cash into your account at any time. You can do this by moving the cash to your checking account or PayPal account. The transfer is made quickly and the cash will remain in your account within a few days. Tutoriel Plus500.
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 cash. Traders can take advantage of as much as 5 complimentary withdrawals a month, after which a fee will be sustained.
Review of the costs of Plus500
When you start trading with Plus500, you obviously do not desire a large part of your money to be lost to high deal costs. In this part of the review, we take a comprehensive take a look at the charges of trading with Plus500. Listed below we quickly examine which costs Plus500 hands down to its customers.
With Plus500 you pay a spread over every deal. The spread is the distinction between the buy and sell cost of a CFD. Plus500 offers two spread mechanisms for its instruments: Dynamic spread which is continuously adjusted according to the market spread out during the period a position is open vs. a Spread which does not usually change in line with general market variations while a position is open, however when the market is unstable and illiquid, might change to a brand-new level so that the underlying market conditions are much better shown. However, Plus500 intends to offer the tightest possible spreads at all times. Tutoriel Plus500.
Forex expenses 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 costs are comparable to those of other brokers. (We have actually drawn out these data on the 2th of June 14:00.).
Cryptocurrency costs on Plus500
On Plus500 you can likewise sell cryptocurrencies such as Bitcoin. In our review it emerged that at Plus500 you can trade versus 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 for that reason fairly useful 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 value. Trading CFD Tesla shares is for that reason possible at a low cost. (Please keep in mind that this is a picture on April 20, 2020 at 13:00.).
Financing costs at Plus500
With Plus500 you have the option to trade on margin. Due to the fact that you can trade on margin, you do not have 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 overnight financing sell expenses. In some cases, you really get a premium for short positions. We compared Plus500 with other parties for this evaluation and the funding expenses were reasonably low. Still, it is necessary to remember that Plus500 is not extremely appropriate for long-term trading because of the financing charges you need to pay on a daily basis. Tutoriel Plus500.
Other expenses on Plus500
We have thoroughly investigated the expenses for this evaluation, and we have actually not found any annoying concealed costs. However, you should ensure that you log in to the platform at least as soon as every three months. If you do not do this, expenses for inactivity will be charged. This is the case with most brokers.
Do you have an account with Plus500 and are you not planning to trade for a while? It is wise to withdraw the money from your account.
You can examine all Charges here:
Plus500 is mainly made up for its services through the “market spread”. For example, 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 likewise charge commissions on each trade, Plus500 does not charge dealing commissions. Tutoriel Plus500.
The following extra costs might be applied:
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 over night financing time and the day-to-day over night funding portion can be discovered in the “Details” link next to the instrument’s name on the main 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 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.
Inactivity Fee – A charge of up to USD 10 monthly will be imposed, must you not visit to your trading represent a duration of at least three months. This charge will be charged when a month from that moment onwards, as long as no login is made to the account. The lack of exercise fee will amount to the lower of the remaining readily available 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. Please note that the cost is just gathered from the Genuine Cash account and only when there are sufficient available funds in the account. In order to avoid this fee, merely log into your trading account from time to time, as this is considered sufficient activity to prevent a fee from being charged.
Guaranteed Stop Order – if you select this function, please note that as it guarantees that your position (trade) closes at a specific asked for rate (rate), the trade undergoes a larger 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 costs on Plus500, we take a closer look at the different costs you pay when you trade with Plus500.
Software & possibilities
When you begin trading, we understand that you obviously also want to utilize a good software package. With Plus500 trading is mainly done via the online WebTrader. An excellent benefit 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 out in our review 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 wish to trade. New customers will therefore not need to browse wish for purchase & offer buttons on Plus500. Tutoriel Plus500.
Opening a trade
Opening a trade with Plus500 is rather straightforward. It is essential to bear in mind that with Plus500 you always trade in CFDs. With Plus500 you never ever straight trade in a share. The only thing that determines your result is the difference between the cost at which you open and close the position.
When you open a position, you have two choices. You can buy the CFD or you can go short on the CFD. When you purchase the CFD you get a favorable result with an increasing price and when you offer the CFD you get a favorable result with a falling cost. Considering that you utilize utilize there is a high risk of losing money quickly due to leverage.
The option to hypothesize on a declining price is a significant advantage within the Plus500 platform. The option to brief sell increases your versatility and makes it possible to respond to various market situations.
Kind of orders
With Plus500 you can right away open an order. When you press buy or sell you will see the screen below:
In the order screen you can enter the amount you wish to trade with. You likewise have the choice to immediately open or close the position after a particular cost has been reached. This makes it possible to protect you trades when you need to go out. Tutoriel Plus500.
It is also possible to position an order with Plus500. You do this by getting in a price at which you instantly open the CFD position. By utilizing orders, you can achieve even better trading results.
Take advantage of
With Plus500 you have the alternative to use an utilize. With a lever you can take a bigger position with the exact same quantity of money. Both your possible earnings and your prospective loss boost when you apply utilize. With each security you can instantly see what the optimum leverage is that you can apply.
The presence of a leverage is a benefit in the evaluation of Plus500. You can constantly choose to invest with smaller quantities if you want to decrease your danger.
On Plus500 you can likewise trade with the mobile application they use. The mobile application is less extensive than the WebTrader. You can carry out less extensive analyses with it. It is useful to likewise set up the mobile application. With the app you can receive cautions when the price of a security reaches a certain value.
The mobile application is very easy to use and it is good to adjust your orders when market conditions change considerably. The mobile application is therefore a strong point in our review of the Plus500 platform.
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 trade in CFDs on Forex. When you sell Forex, you speculate on cost changes in currency sets. You can for example place a trade on the advancement of the euro versus the dollar.
On Plus500 you can likewise sell a comprehensive series of CFD shares. The shares are nicely sorted by country, so you can rapidly find a share to trade.
It’s also possible to sell products by utilizing CFDs. The most popular product for trading is oil. You can often use an optimum utilize of approximately 1:20 to financial investments in basic materials. When you sell gold you can use a leverage of 1:20.
On Plus500 you can also trade in CFDs on options. Options typically move highly: a choice can sometimes increase or fall in value by 10s of percent. With CFDs you can apply an utilize of approximately 1:20 to alternatives, which further increases your prospective gains or losses.
Indices or ETFs
On Plus500 you can likewise sell CFDs on widely known indexes or ETFs. You can for example sell the Dow Jones or NASDAQ index trackers.
At Plus500 you can also trade with CFDs in the most popular cryptocurrencies. Cryptocurrencies are extremely unpredictable and it can for that reason be interesting to actively hypothesize on their cost developments. Among the most popular cryptocurrencies to sell is the Bitcoin. (” Instrument schedule subject to policies”). Tutoriel Plus500.
Conclusion on the trading choices at Plus500
Plus500 has a vast array of tradable CFD securities. Even reasonably unidentified regional stocks can typically be found on the Plus500 platform. This makes Plus500 an appealing broker for financiers from all countries. My experience with Plus50 has actually therefore been really favorable.
Assistance & research
In this part of the evaluation, we investigate how Plus500 supports traders.
At Plus500 you can perform technical analyses on the charts. Within the software application you can utilize different illustration alternatives. You can draw horizontal levels to suggest price levels where the marketplace typically relocates the opposing instructions.
You can also include technical indications on the chart. The variety of technical indications at Plus500 is enormous. You can choose from more than 100 different choices. It is wise to utilize technical indications. By using technical indications, you can perform much better analyses.
The technical analysis alternatives within the Plus500 software application are substantial. It is inconvenient that you can not conserve several graphs. This indicates that you need to repeat the analyzes regularly. Expert financiers would need 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 and education: at Plus500 these options are totally missing. There are no courses or webinars available at Plus500. This is a downside for people who sign up with Plus500 to learn how to trade better.
It works that you get a notification within the Plus500 software when intriguing developments take place. When the cost of, for instance, oil falls dramatically, you will get a notice of this occasion. You can then choose for yourself whether you wish to take a position on the market advancement. Tutoriel Plus500.
Within the Plus500 software application you can also see how other users sell a security. By looking at the positions other traders take, you can see whether there are more buyers or sellers. Other essential information is missing with Plus500 platform. Plus500 does not score well in the field of research and education in our opinion.
Plus500 has a detailed and fast customer support that is offered in more than 30 languages. Your issues can be solved rapidly in your language.
It is suggested to get in touch with customer service by means of live chat. You can use the live chat button within the Plus500 WebTrader. By using the live chat, your problems can be fixed almost immediately.
It is likewise possible to email Plus500. Mails are typically answered within a day. It is a pity that no telephone number is offered. This makes it impossible to speak straight to someone. Due to the fast processing time, Plus500 still scores sufficiently in regards to customer support. Tutoriel Plus500.
Security & reliability
Before you transfer money with a business, you naturally need to know that it is entirely protected to do so. In this part of the evaluation, we look at how dependable Plus500 is.
Supervisors ensure that brokers stick to the rules. Plus500 is monitored by:
- Plus500UK Ltd licensed & controlled by the FCA (# 509909).
- Plus500CY Ltd authorized & regulated 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 on your citizenship, you enjoy additional defense if Plus500 goes bankrupt. This is done through a so-called investor defense fund. All client funds are held in a segregated customer checking account in accordance with the Cyprus Securities and Exchange Commission’s (CySEC).
Plus500 has actually also set several additional rules to ensure that your money is as secure as possible on Plus500. Below you can discover an overview of these measurements:
Plus500 will never hypothesize with clients’ money. All funds are stored in a separate savings account, which implies that this money is secure when unforeseen things happen with Plus500. And last but not least, on Plus500 you are protected against an unfavorable balance, since he Negative balance protection is a regulative requirement for all EU brokers. When you trade with Plus500, you can never ever be left with a recurring financial obligation. Tutoriel Plus500.
Plus500 is 100% no fraud. Plus500 safely manages customer properties. The company is also supervised. Plus500 has actually been around given that 2008 and is even listed on the London stock market. These are all excellent indicators that Plus500 is dependable and we have concerned that conclusion ourselves.
About the business
Plus500 was founded in 2008 and has actually grown strongly ever since. Plus500 is active in more than 30 countries and served more than 200,000 active customers 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 found in Israel, but they have opened several extra workplaces in other countries. Do you wish to know more about the Plus500 business? In this article you will discover whatever you require to know!
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 user-friendly software. On Plus500 you can trade at low rates. You also have the chance to react to changing market conditions by positioning orders on both rising and falling costs. Tutoriel Plus500.
Do you wish to find how Plus500 works? Then right away open a free demo-account by pushing the button 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