[Revealed] – Download Plus500 Windows App

Plus500 Evaluation: our experience with this broker
Plus500 is an online broker where you can hypothesize with CFDs on cryptocurrencies (Instrument availability subject to regulations), Forex and stocks. In this extensive review, 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. Download Plus500 Windows App.

Download Plus500 Windows App

Benefit Plus500

  • At Plus500 you can speculate on cost developments at low rates.
  • You can trade in a substantial range of CFD shares.
  • It is possible to try Plus500 totally free with a demonstration.
  • 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 start trading from $100. Download Plus500 Windows App.

 

Downsides Plus500

  • Plus500 does not offer sophisticated software application for expert traders.
  • You can not find extensive analyses within the platform.
  • Plus500 customer service is not 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 threat? Utilize the button below to open a demo account with this broker:

Download Plus500 Windows App

We talk about the following subjects in the Plus500 review:

  • Open account: how can you open an account with Plus500?
  • Deposit cash: how can you deposit and withdraw money?
  • Costs: just 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?
  • Support: what support do you get when trading?
  • Costumer service: what is the quality of the customer service? (costumer-service).
  • Dependability: Is this broker reliable? (reliability).
  • Info: more details about Plus500 (information).
  • Conclusion: the decision of the Plus500 evaluation (conclusion).

 

Opening an account with Plus500
To do this you must initially check out the Plus500 website. Click here * to open the Plus500 site. To produce a totally free demo account, you just 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 actually left this information, you can right away start trading. Download Plus500 Windows App.

Download Plus500 Windows App

Plus500 accepts clients from the majority of countries. However, there are likewise nationalities 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 evaluation, we for that reason offer Plus500 a positive score for opening an account. Download Plus500 Windows App.

 

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

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

Before your deposit can be processed, you should verify your identity. Plus500 must abide by legislation and can only get verified consumers. By verifying brand-new customers, Plus500 prevents clients from using the account for money laundering.

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We’ve gone through the whole process and uploaded 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 process depends on your individual situation and can be various for each costumer.

 

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

Download Plus500 Windows App

 

On Plus500 there are no extra expenses for transferring and withdrawing money. This is a big benefit of the broker Plus500: numerous other brokers charge a small cost for withdrawing money. Traders can make the most of as much as 5 free withdrawals a month, after which a fee will be sustained.

Download Plus500 Windows App

Evaluation of the costs of Plus500
When you start trading with Plus500, you undoubtedly do not desire a big part of your money to be lost to high deal costs. In this part of the evaluation, we take a comprehensive take a look at the charges of trading with Plus500. Below we briefly examine which costs Plus500 passes on to its consumers.

 

Spread
With Plus500 you pay a spread over every transaction. The spread is the distinction in between the buy and sell price of a CFD. Plus500 offers two spread systems for its instruments: Dynamic spread which is constantly adjusted according to the market spread throughout the period a position is open vs. a Spread which does not typically change in line with basic market changes while a position is open, but when the marketplace is volatile and illiquid, might change to a new level so that the underlying market conditions are much better shown. Plus500 aims to supply the tightest possible spreads at all times. Download Plus500 Windows App.

 

Forex expenses on Plus500
On Plus500 you can sell various currency sets. At the time of composing, 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 expenses are comparable to those of other brokers. (We have actually extracted these information on the 2th of June 14:00.).

 

Cryptocurrency expenses on Plus500
On Plus500 you can also trade in cryptocurrencies such as Bitcoin. In our review it emerged that at Plus500 you can trade against fairly 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 reasonably helpful at Plus500. (We have drawn out these data on the 2th of June 14:00.).

 

Share costs on Plus500
At Plus500 you can also trade in shares by utilizing CFDs. As an example: For the CFD share Tesla you currently pay a spread of $ 0.95, which equates to 0.12% of the total worth. Trading CFD Tesla shares is for that reason possible at a low cost. (Please note that this is a picture on April 20, 2020 at 13:00.).

 

Financing expenses at Plus500
With Plus500 you have the choice to trade on margin. Due to the fact that you can trade on margin, you do not need to put in the full amount of the trading position yourself. However, you do need to pay a premium for this.

With each security you will see the over night funding buy and the over night funding sell expenses. Sometimes, you actually get a premium for brief positions. We compared Plus500 with other parties for this evaluation and the financing costs were relatively low. Still, it is important to bear in mind that Plus500 is not extremely suitable for long-term trading because of the financing charges you have to pay on a daily basis. Download Plus500 Windows App.

 

Other expenses on Plus500
We have extensively examined the expenses for this evaluation, and we have actually not discovered any annoying concealed expenses. You need to ensure that you log in to the platform at least as soon as every 3 months. If you do not do this, costs for inactivity will be charged. This holds true 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 wise to withdraw the cash from your account.

 

You can check all Costs here:

Plus500 is generally 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 indicates a market spread of 0.6 pips, in this example). Unlike other service providers who likewise charge commissions on each trade, Plus500 does not charge dealing commissions. Download Plus500 Windows App.

However, the following additional charges may be used:

Overnight Funding – The over night financing amount 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 everyday overnight financing percentage can be found in the “Details” link beside the instrument’s name on the primary screen of the platform.

Currency Conversion Cost – 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 Cost will currently depend on 0.7% of the trade’s realised internet revenue and loss and shown in real time into the unrealised net earnings and loss of an employment opportunity.

Lack of exercise Cost – A fee of up to USD 10 monthly will be imposed, should you not log in to your trading account for a period of at least three months. This charge will be charged when a month from that minute onwards, as long as no login is made to the account. The lack of exercise fee will be equal to the lower of the remaining readily available balance in your account or USD 10 (or comparable depending on your currency). This is to offset the cost incurred in making the service readily available, although it has actually not been used. However, please note that the charge is only gathered from the Genuine Cash account and only when there are sufficient readily available funds in the account. In order to avoid this charge, simply log into your trading account from time to time, as this is deemed enough activity to prevent a cost from being charged.

Surefire Stop Order – if you pick this feature, please note that as it ensures that your position (trade) closes at a specific requested rate (rate), the trade undergoes a broader 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 short article about the expenses on Plus500, we take a closer take a look at the various expenses you pay when you trade with Plus500.

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Software & possibilities
When you start trading, we comprehend that you naturally likewise wish to utilize a good software package. With Plus500 trading is mainly done through the online WebTrader. An excellent 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 stood apart 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 customers will for that reason not need to search wish for purchase & sell buttons on Plus500. Download Plus500 Windows App.

 

Opening a trade
Opening a trade with Plus500 is rather uncomplicated. It is essential to keep in mind that with Plus500 you constantly sell CFDs. With Plus500 you never ever directly trade in a share. The only thing that determines your outcome is the distinction in between the rate at which you open and close the position.

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

 

The choice to hypothesize on a decreasing rate is a major benefit within the Plus500 platform. The alternative to brief sell increases your flexibility and makes it possible to respond to various market scenarios.

 

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

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In the order screen you can get in the amount you want to trade with. You also have the option to immediately open or close the position after a specific rate has actually been reached. This makes it possible to safeguard you trades when you have to go out. Download Plus500 Windows App.

It is likewise possible to place an order with Plus500. You do this by getting in a rate at which you automatically open the CFD position. By using orders, you can accomplish even much better trading results.

Download Plus500 Windows App

 

Leverage
With Plus500 you have the choice to apply a take advantage of. With a lever you can take a bigger position with the same quantity of money. Both your potential profit and your potential loss boost when you apply leverage. With each security you can instantly see what the maximum utilize is that you can use.

The existence of a leverage is an advantage in the evaluation of Plus500. You can always decide to invest with smaller quantities if you want to decrease your risk.

 

Mobile application
On Plus500 you can also trade with the mobile application they use. The mobile application is less substantial than the WebTrader. You can carry out less substantial analyses with it. Nonetheless, it is useful to also install the mobile application. With the app you can receive cautions when the rate of a security reaches a certain value.

The mobile application is extremely user-friendly and it is excellent to change your orders when market conditions alter considerably. The mobile application is therefore a strength in our review of the Plus500 platform.

Download Plus500 Windows App

Trading alternatives at Plus500
In this part of the review we will talk about the various kinds of securities you can sell with Plus500.

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

Shares
On Plus500 you can likewise trade in an extensive variety of CFD shares. The shares are nicely sorted by country, so you can quickly discover a share to trade.

Commodities
It’s also possible to sell products by utilizing CFDs. The most popular product for trading is oil. You can typically use a maximum utilize of approximately 1:20 to investments in raw materials. When you trade in gold you can use a leverage of 1:20.

Options
On Plus500 you can also sell CFDs on alternatives. Alternatives typically move strongly: an alternative can sometimes rise or fall in worth by tens of percent. With CFDs you can apply a leverage of up to 1:20 to choices, which further increases your possible gains or losses.

Indices or ETFs
On Plus500 you can also sell CFDs on well-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 popular cryptocurrencies. Cryptocurrencies are very unstable and it can therefore be interesting to actively speculate on their cost developments. One of the most popular cryptocurrencies to trade in is the Bitcoin. (” Instrument accessibility subject to regulations”). Download Plus500 Windows App.


Conclusion on the trading alternatives at Plus500

Plus500 has a vast array of tradable CFD securities. Even relatively unidentified local 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 for that reason been very positive.

 

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

 

Technical analyses
At Plus500 you can carry out technical analyses on the charts. Within the software you can utilize different illustration choices. You can draw horizontal levels to suggest price levels where the market frequently moves in the opposing direction.

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You can likewise include technical indicators on the graph. The variety of technical signs at Plus500 is huge. You can choose from more than 100 different alternatives. It is wise to use technical indicators. By using technical indications, you can execute much better analyses.

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The technical analysis alternatives within the Plus500 software application are substantial. It is troublesome that you can not save multiple charts. This implies that you have to duplicate the evaluates regularly. 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 and education: at Plus500 these options are totally missing. There are no courses or webinars readily available at Plus500. This is a disadvantage for people who sign up with Plus500 to find out how to trade better.

It works that you receive an alert within the Plus500 software application when fascinating advancements occur. When the cost of, for example, oil falls sharply, you will receive a notice of this event. You can then decide on your own whether you want to take a position on the market development. Download Plus500 Windows App.

Within the Plus500 software application 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 essential information is missing out on with Plus500 platform. Plus500 does not score well in the field of research study and education in our opinion.

 

Client service
Plus500 has a comprehensive and fast customer support that is offered in more than 30 languages. Your issues can be fixed rapidly in your language.

It is recommended to get in touch with customer service through live chat. You can utilize the live chat button within the Plus500 WebTrader. By utilizing the live chat, your problems can be solved almost right away.

It is also possible to email Plus500. Mails are often addressed within a day. It is a pity that no phone number is readily available. This makes it difficult to speak straight to somebody. Due to the quick processing time, Plus500 still ratings adequately in terms of client service. Download Plus500 Windows App.

Download Plus500 Windows App

 

Security & dependability
Before you deposit money with a business, you naturally wish to know that it is totally secure to do so. In this part of the evaluation, we look at how dependable Plus500 is.

Regulation
Supervisors make sure that brokers adhere to the guidelines. Plus500 is monitored by:

  • Plus500UK Ltd authorized & regulated by the FCA (# 509909).
  • Plus500CY Ltd authorized & 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), licensed by: ASIC in Australia, AFSL # 417727, FMA in New Zealand, FSP # 486026; authorized monetary supplier in South Africa, FSP # 47546.

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

Plus500 has actually also set a number of additional guidelines to ensure that your cash is as safe as possible on Plus500. Below you can discover an introduction of these measurements:

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Plus500 will never ever hypothesize with clients’ cash. All funds are stored in a separate savings account, which indicates that this cash is protected when unexpected things happen with Plus500. And last but not least, on Plus500 you are safeguarded versus a negative balance, due to the fact that he Negative balance defense is a regulatory requirement for all EU brokers. So when you trade with Plus500, you can never ever be entrusted to a residual financial obligation. Download Plus500 Windows App.

 

Conclusion reliability
Plus500 is 100% no fraud. Plus500 safely handles client possessions. The business is also supervised. Plus500 has actually been around considering that 2008 and is even noted on the London stock exchange. These are all good indicators that Plus500 is reliable and we have actually concerned that conclusion ourselves.

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

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Conclusion review 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 easy to use software application. On Plus500 you can trade at low rates. You also have the opportunity to react to changing market conditions by positioning orders on both fluctuating costs. Download Plus500 Windows App.

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