- Types of accounts
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Plus500 broker was founded in 2008 in Israel and currently has offices in Cyprus, the UK, Australia, New Zealand and other countries. In fact, Plus500 is a leading CFD provider that has laid a solid Foundation for its professional trading environment and continued growth.
Plus500 serves more than 200 thousand active customers. Over the past year alone, more than 35 million positions were opened, totaling $ 1,310 billion.
Plus500 is the main sponsor of Spanish football club Atletico Madrid, the 2017-2018 Europa League champion.
Regulation Of Plus500
Plus500 is a trademark managed as a regulated CFD platform through Plus500 Ltd, which is authorized by financial regulators such as FCA (UK), CySEC (Cyprus), ASIC (Australia), FSP (New Zealand), FSCA (South Africa) and FSA (Seychelles).
In addition, Plus500 Ltd is listed on the main market of the London stock exchange and has a solid financial experience, which provides them with an additional level of confidence.
The amount of leverage depends on the broker's jurisdiction you choose. European traders regulated by CySEC and FCA receive a maximum leverage of 1:30. ASIC and FSP will offer leverage of up to 1: 300 for Forex, 1:20 for stocks and indices, and 1:30 for cryptocurrencies.
Plus500 trading accounts
For simplicity, Plus500 offers a single standard trading account for all clients. In the future, traders can get some additional benefits and discounts when trading volume increases. The Plus500 broker also takes care of traders who trade according to the principles of Sharia And offers them Islamic accounts.
One of the criteria for choosing a broker is the size of the CommissionSiy. In the case of Plus500, a transparent Commission structure is applied. The first thing to note is their small spread of 0.6 pips for EURUSD, as well as a wide variety of trading instruments. Plus500 commissions are based only on the spread without commissions, as this type of fees provides ease of calculation and is the best option for many traders, despite the strategy.
There is also no Commission for withdrawals, and the minimum withdrawal amount is $ 100. However, Plus500 charges a Commission for account inactivity. In other words, if your account remains inactive without transactions for three months, a Commission of up to $ 10 is charged.
Plus500 broker is one of the leading CFD providers and offers an excellent portfolio with more than 2,800 trading instruments.
The offer includes indices, stocks, commodities, currency pairs, ETFs, and CFD options. In addition, Plus500 also offers quite advanced cryptocurrency trading capabilities, adding more and more tools to its list.
Plus500 trading platforms
Plus500 has a simple, intuitive and easy-to-use interface for the Plus500 WebTrader browser platform for CFD trading, which operates exclusively on the Internet. This means that you don't need to download and install certain software on your PC, you just need an Internet connection. Plus500 does not support the MetaTrader 4 desktop platform.
Along with WebTrader, you can use mobile trading developed for Android, iPhone, or iPad. The Plus500 mobile trading platform is also equipped with the necessary tools and full control over your account.
The minimum Deposit of Plus500 depends on the jurisdiction in which the trading account is opened, and starts from$100.
Plus500 Broker is a reliable CFD provider with a wide range of instruments and an OTC business model. Plus500 is considered a safe broker for trading and investing due to strict regulation by the FCA and other global regulators.
As for the quality of service, Plus500 can meet all the needs of different types of traders. However, the Plus500 platform is only suitable for experienced traders, although Plus500 is a very convenient platform, but CFDs are complex financial products, so this platform is not suitable for beginners or inexperienced traders.
We will be happy to hear your impressions about working with Plus500, and novice traders can read Plus500 reviews, which can be a key decision when choosing a broker.
- The year of Foundation 2008
- Head office address 78 Cornhill, London EC3V 3QQ
- Maximum leverage 1:300
- Min. Deposit $100
- Regulation CySEC, FSA, FCA, FSP, ASIC
- Trading platform
- Payment system to enter Bank Transfers, Debit/Credit Cards , PayPal, Skrill
- Payment system for withdrawal Bank Transfers, Debit/Credit Cards , PayPal, Skrill
- Number of trading instruments 70
- The number of CFD instruments 2800
- The number of metals 5
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