Plus500 Review: our experience with this broker
Plus500 is an online broker where you can hypothesize with CFDs on cryptocurrencies (Instrument schedule subject to guidelines), Forex and stocks. In this comprehensive evaluation, we share our experiences with this broker. In our test, Plus500 became an easy to use broker where you can react to the most recent market advancements at low rates. Inwestowanie Plus500.

Inwestowanie Plus500

Benefit Plus500

• At Plus500 you can speculate on price developments at low rates.
• You can sell a substantial range of CFD shares.
• It is possible to try Plus500 for free with a demo.
• On Plus500 you can utilize the user-friendly web trader.
• Plus500 uses its services in more than 30 various languages.
• On Plus500 you can begin trading from $100. Inwestowanie Plus500.

 

Drawbacks Plus500

• Plus500 does not supply advanced software for expert traders.
• You can not find comprehensive analyses within the platform.
• Plus500 customer service is not offered by phone.
• On Plus500 you can only trade in CFDs.

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

Inwestowanie Plus500

We talk about the following subjects in the Plus500 evaluation:

• Open account: how can you open an account with Plus500?
• Deposit money: how can you deposit and withdraw money?
• Costs: just 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 receive when trading?
• Customer service: what is the quality of the client service? (costumer-service).
• Reliability: Is this broker trusted? (dependability).
• Information: more information about Plus500 (details).
• Conclusion: the decision of the Plus500 review (conclusion).

 

Opening an account with Plus500
To do this you must initially visit the Plus500 website. Click on this link * to open the Plus500 website. To develop a free demo account, you simply need to pick an e-mail address and a password. It is likewise possible to visit with your Facebook or Google account. After you have actually left this info, you can instantly begin trading. Inwestowanie Plus500.

Plus500 accepts consumers from a lot of countries. Nevertheless, there are also citizenships that are not admitted to Plus500. Traders from for instance, 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 review, we therefore give Plus500 a positive rating for opening an account. Inwestowanie Plus500.

 

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

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

Before your deposit can be processed, you need to validate your identity. Plus500 must adhere to legislation and can just receive verified consumers. By verifying brand-new customers, Plus500 prevents clients from using the account for money laundering.

We’ve gone through the whole procedure and submitted the needed files. Our account was approved and released by Plus500 within an hour. After confirming the identity of your account, you don’t have to do it again. The length of this process depends on your personal situation 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 moving the money to your savings account or PayPal account. The transfer is made quickly and the cash will remain in your account within a few days. Inwestowanie Plus500.

 

On Plus500 there are no additional expenses for transferring and withdrawing cash. This is a big advantage of the broker Plus500: numerous other brokers charge a little charge for withdrawing money. Traders can take advantage of as much as 5 free withdrawals a month, after which a charge will be incurred.

Inwestowanie Plus500

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

 

Spread
With Plus500 you pay a spread over every deal. The spread is the difference in between the buy and sell rate of a CFD. Plus500 provides two spread systems for its instruments: Dynamic spread which is continuously adjusted according to the market spread during the duration a position is open vs. a Spread which does not generally change in line with basic market variations while a position is open, but when the market is unstable and illiquid, may change to a brand-new level so that the underlying market conditions are much better shown. However, Plus500 aims to offer the tightest possible spreads at all times. Inwestowanie Plus500.

 

Forex expenses on Plus500
On Plus500 you can sell different currency pairs. At the time of writing, you are paying 0.6 pips in transaction charges on the pair of EUR/ USD. We compared these expenses with those of other suppliers and concluded that these expenses are comparable to those of other brokers. (We have 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 agreement. Trading cryptocurrencies is for that reason relatively beneficial at Plus500. (We have extracted 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 overall value. Trading CFD Tesla shares is therefore 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 choice to trade on margin. Since you can trade on margin, you do not have 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 overnight financing buy and the overnight funding sell expenses. Sometimes, you really get a premium for brief positions. We compared Plus500 with other celebrations for this review and the financing expenses were fairly low. Still, it is important to bear in mind that Plus500 is not really suitable for long-lasting trading because of the funding charges you have to pay on a daily basis. Inwestowanie Plus500.

 

Other expenses on Plus500
We have extensively examined the expenses for this review, and we have not found any annoying hidden costs. You need to ensure that you log in to the platform at least when every three months. If you do not do this, costs for lack of exercise 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? Then it is a good idea to withdraw the cash from your account.

 

You can check all Charges here:

Plus500 is generally compensated 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 implies 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. Inwestowanie Plus500.

However, the following additional costs may be applied:

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

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

Inactivity Fee – A cost of up to USD 10 per month will be levied, must you not log in to your trading account for a duration of at least three months. This charge will be charged as soon as a month from that moment onwards, as long as no login is made to the account. The inactivity charge will be equal to the lower of the remaining readily available balance in your account or USD 10 (or equivalent depending on your currency). This is to offset the cost sustained in making the service offered, even though it has not been utilized. However, please note that the charge is just collected from the Real Money account and just when there are sufficient available funds in the account. In order to avoid this cost, merely 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 choose this feature, please note that as it guarantees that your position (trade) closes at a specific requested rate (price), the trade goes through a wider 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 article about the costs on Plus500, we take a closer look at the numerous expenses you pay when you trade with Plus500.

Inwestowanie Plus500

Software application & possibilities
When you begin trading, we understand that you of course also want to utilize a good software package. With Plus500 trading is primarily done via the online WebTrader. A fantastic advantage 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 apart in our evaluation was the user-friendliness of Plus500. The platform looks clear and thanks to the search function you can quickly find the CFD in which you want to trade. New consumers will for that reason not have to browse wish for buy & sell buttons on Plus500. Inwestowanie Plus500.

 

Opening a trade
Opening a trade with Plus500 is rather uncomplicated. It is necessary to keep in mind that with Plus500 you constantly trade in CFDs. With Plus500 you never straight trade in a share. The only thing that identifies your outcome is the distinction between the rate 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 outcome with an increasing price and when you sell the CFD you get a favorable outcome with a falling cost. Considering that you use take advantage of there is a high threat of losing money rapidly due to utilize.

 

The choice to speculate on a decreasing rate is a significant advantage within the Plus500 platform. The option to brief sell increases your flexibility and makes it possible to react to different market situations.

 

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

In the order screen you can go into the quantity you want to trade with. You likewise have the alternative to immediately open or close the position after a certain price has been reached. This makes it possible to protect you trades when you need to go out. Inwestowanie Plus500.

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

 

Leverage
With Plus500 you have the option to use a leverage. With a lever you can take a bigger position with the same amount of cash. Both your possible earnings and your possible loss increase when you use leverage. With each security you can immediately see what the maximum utilize is that you can apply.

The presence of an utilize is a benefit in the review of Plus500. You can always decide to invest with smaller sized quantities if you want to decrease your danger.

 

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

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

Inwestowanie Plus500

Trading options at Plus500
In this part of the review we will discuss the various kinds of securities you can trade in with Plus500.

Forex
With Plus500 you can trade in CFDs on Forex. When you trade in Forex, you hypothesize on rate modifications in currency sets. You can for example location a trade on the advancement of the euro against the dollar.

Shares
On Plus500 you can also sell a substantial variety of CFD shares. The shares are neatly sorted by country, so you can rapidly find a share to trade.

Products
It’s likewise possible to trade in commodities by utilizing CFDs. The most popular product for trading is oil. You can frequently use a maximum utilize of up to 1:20 to financial investments in basic materials. When you sell gold you can apply a leverage of 1:20.

Options
On Plus500 you can likewise trade in CFDs on alternatives. Options often move highly: a choice can in some cases increase or fall in value by tens of percent. With CFDs you can apply 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 likewise sell CFDs on popular 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 extremely unpredictable and it can for that reason be interesting to actively hypothesize on their rate developments. Among the most popular cryptocurrencies to trade in is the Bitcoin. (” Instrument accessibility subject to policies”). Inwestowanie Plus500.

Conclusion on the trading choices at Plus500
Plus500 has a vast array of tradable CFD securities. Even fairly unidentified local stocks can often 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 positive.

 

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

 

Technical analyses
At Plus500 you can carry out technical analyses on the charts. Within the software you can use different illustration choices. You can draw horizontal levels to indicate price levels where the marketplace frequently relocates the opposing direction.

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

The technical analysis options within the Plus500 software are substantial. It is inconvenient that you can not conserve several charts. This means that you need to duplicate the analyzes frequently. Professional financiers would have to download other programs to perform more complex analyses.

 

Research and education
In this evaluation we can be fast about the possibilities of research and education: at Plus500 these choices are completely missing. There are no courses or webinars offered at Plus500. This is a disadvantage for people who join Plus500 to learn how to trade much better.

It is useful that you receive a notice within the Plus500 software application when interesting developments happen. When the cost of, for example, oil falls dramatically, you will get a notification of this occasion. You can then decide on your own whether you want to take a position on the market development. Inwestowanie Plus500.

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

 

Customer care
Plus500 has a comprehensive and fast customer care that is offered in more than 30 languages. Your problems can be fixed rapidly in your language.

It is suggested to contact client service via live chat. You can utilize the live chat button within the Plus500 WebTrader. By utilizing the live chat, your issues can be fixed almost immediately.

It is likewise possible to email Plus500. Mails are often answered within a day. It is a pity that no phone number is readily available. This makes it difficult to speak directly to somebody. Due to the quick processing time, Plus500 still scores sufficiently in terms of client service. Inwestowanie Plus500.

 

Security & reliability
Prior to you deposit cash with a business, you naturally need to know that it is totally secure to do so. In this part of the review, we look at how dependable Plus500 is.

Policy
Supervisors make sure that brokers stick to the guidelines. Plus500 is supervised by:

• Plus500UK Ltd authorized & managed by the FCA (# 509909).
• Plus500CY Ltd licensed & controlled 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), 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 nationality, you delight in extra defense if Plus500 declares bankruptcy. This is done through a so-called investor security fund. All client funds are held in a segregated client bank account in accordance with the Cyprus Securities and Exchange Commission’s (CySEC).

Plus500 has likewise set numerous extra rules to guarantee that your cash is as safe and secure as possible on Plus500. Below you can discover a summary of these measurements:

Plus500 will never ever hypothesize with clients’ money. All funds are stored in a separate checking account, which implies that this cash is protected when unforeseen things happen with Plus500. And last but not least, on Plus500 you are safeguarded versus an unfavorable balance, because he Negative balance security is a regulative requirement for all EU brokers. When you trade with Plus500, you can never ever be left with a recurring financial obligation. Inwestowanie Plus500.

 

Conclusion reliability
Plus500 is 100% no rip-off. Plus500 safely manages customer properties. The business is also supervised. Plus500 has actually been around given that 2008 and is even noted on the London stock exchange. These are all excellent indications that Plus500 is trustworthy and we have actually come to that conclusion ourselves.

Inwestowanie Plus500

About the business
Plus500 was founded in 2008 and has actually grown highly since then. Plus500 is active in more than 30 countries and served more than 200,000 active customers in 2019. Plus500 performed over 35 million deals with a worth of over $1,000 billion in one year. The headquarters of the company can be discovered in Israel, but they have opened a number of extra offices in other countries. Do you want to know more about the Plus500 company? In this article you will find whatever you need to know!

Conclusion evaluation Plus500
Plus500 is among the best CFD brokers. With Plus500 you can actively trade CFDs on all recognized shares and cryptocurrencies by utilizing 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 rising and falling costs. Inwestowanie Plus500.

Do you want to discover how Plus500 works? Right away open a complimentary demo-account by pressing the button below: