Plus500 Review: our experience with this broker
Plus500 is an online broker where you can hypothesize with CFDs on cryptocurrencies (Instrument availability subject to guidelines), Forex and stocks. In this substantial evaluation, we share our experiences with this broker. In our test, Plus500 became an easy to use broker where you can respond to the latest market advancements at low rates. Jak Odpowediec Na Pytania Plus500.
Jak Odpowediec Na Pytania Plus500
Advantage Plus500
- At Plus500 you can speculate on cost developments at low rates.
- You can sell an extensive range of CFD shares.
- It is possible to attempt Plus500 free of charge with a demonstration.
- On Plus500 you can use the user-friendly web trader.
- Plus500 provides its services in more than 30 different languages.
- On Plus500 you can begin trading from $100. Jak Odpowediec Na Pytania Plus500.
Downsides Plus500
- Plus500 does not supply advanced software for expert traders.
- You can not find substantial analyses within the platform.
- Plus500 customer care is not offered by phone.
- On Plus500 you can only trade in CFDs.
Would you like to attempt the possibilities at Plus500 with a demonstration entirely free of charge and without risk? Utilize the button below to open a demo account with this broker:
Jak Odpowediec Na Pytania Plus500
We go over the following subjects in the Plus500 evaluation:
- Open account: how can you open an account with Plus500?
- Deposit cash: how can you transfer and withdraw cash?
- Costs: how much does trading expense on Plus500?
- Performances: what are the possibilities of the software?
- Trading options: 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).
- Dependability: Is this broker trustworthy? (reliability).
- Information: more information about Plus500 (details).
- Conclusion: the decision of the Plus500 evaluation (conclusion).
Opening an account with Plus500
To do this you should first check out the Plus500 website. Click here * to open the Plus500 site. To develop a complimentary demo account, you just need to pick an e-mail address and a password. It is also possible to visit with your Facebook or Google account. After you have actually left this information, you can instantly begin trading. Jak Odpowediec Na Pytania Plus500.
Plus500 accepts consumers from many countries. However, there are also citizenships that are not confessed to Plus500. Traders from for instance, 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 evaluation, we for that reason provide Plus500 a favorable score for opening an account. Jak Odpowediec Na Pytania Plus500.
Deposit & withdraw cash
When you have actually become knowledgeable about the Plus500 platform, you can switch to a genuine cash account at any time. The minimum deposit at Plus500 is $100. You can deposit money into your account by using one of these approaches:
- Creditcard.
- Bank transfer.
- PayPal.
- Skrill.
- iDEAL
Before your deposit can be processed, you must confirm your identity. Plus500 should adhere to legislation and can only get confirmed clients. By confirming brand-new customers, Plus500 avoids clients from utilizing the account for cash laundering.
We’ve gone through the entire procedure and uploaded the required documents. Our account was approved and released by Plus500 within an hour. After verifying the identity of your account, you do not need to do it again. The length of this process depends on your individual situation and can be different for each costumer.
Withdraw money
You can withdraw the money into your account at any time. You can do this by transferring the money to your checking account or PayPal account. The transfer is made quickly and the cash will be in your account within a couple of days. Jak Odpowediec Na Pytania Plus500.
On Plus500 there are no additional costs for depositing and withdrawing cash. This is a big advantage of the broker Plus500: many other brokers charge a little charge for withdrawing cash. Traders can take advantage of approximately 5 free withdrawals a month, after which a charge will be incurred.
Jak Odpowediec Na Pytania Plus500
Evaluation of the expenses of Plus500
When you start trading with Plus500, you undoubtedly do not want a large part of your money to be lost to high transaction costs. In this part of the review, we take a detailed look at the fees of trading with Plus500. Listed below we quickly examine which costs Plus500 hands down to its clients.
Spread
With Plus500 you pay a spread over every deal. The spread is the difference in between the buy and sell price of a CFD. Plus500 uses 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 alter in line with general market variations while a position is open, but when the market is volatile and illiquid, may change to a brand-new level so that the underlying market conditions are better reflected. Plus500 aims to offer the tightest possible spreads at all times. Jak Odpowediec Na Pytania Plus500.
Forex expenses on Plus500
On Plus500 you can trade in various currency sets. At the time of writing, you are paying 0.6 pips in transaction fees on the pair of EUR/ USD. We compared these costs with those of other service providers and concluded that these costs are comparable to those of other brokers. (We have drawn out these information on the 2th of June 14:00.).
Cryptocurrency costs on Plus500
On Plus500 you can also sell cryptocurrencies such as Bitcoin. In our review it emerged that at Plus500 you can trade against reasonably 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 therefore reasonably helpful at Plus500. (We have actually extracted these data on the 2th of June 14:00.).
Share costs on Plus500
At Plus500 you can likewise trade in shares by utilizing CFDs. As an example: For the CFD share Tesla you presently pay a spread of $ 0.95, which equates to 0.12% of the total worth. Trading CFD Tesla shares is therefore 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 choice to trade on margin. Due to the fact that you can trade on margin, you do not need to put in the total of the trading position yourself. Nevertheless, you do need to pay a premium for this.
With each security you will see the overnight funding buy and the over night financing offer expenses. In some cases, you actually receive a premium for brief positions. We compared Plus500 with other celebrations for this review and the funding costs were fairly low. Still, it is very important to remember that Plus500 is not very suitable for long-term trading because of the financing costs you have to pay every day. Jak Odpowediec Na Pytania Plus500.
Other costs on Plus500
We have actually extensively investigated the costs for this evaluation, and we have actually not discovered any irritating hidden expenses. You must make sure that you log in to the platform at least once every 3 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 inspect all Charges here:
Plus500 is mainly 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 means 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. Jak Odpowediec Na Pytania Plus500.
The following extra costs may be applied:
Overnight Funding – The over night financing quantity is either added to or subtracted from your account when holding a position after a particular time (the “Overnight Financing Time”).
The overnight funding time and the day-to-day overnight financing portion can be found 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 various to the currency of your account.
The Currency Conversion Charge will currently depend on 0.7% of the trade’s understood net profit and loss and reflected in real time into the unrealised net earnings and loss of an open position.
Inactivity Fee – A fee of up to USD 10 per month will be imposed, need to you not visit to your trading account for a duration of at least 3 months. This cost will be charged as soon as a month from that minute onwards, as long as no login is made to the account. The inactivity cost will amount to the lower of the staying readily available balance in your account or USD 10 (or equivalent depending on your currency). This is to balance out the cost incurred in making the service readily available, despite the fact that it has actually not been utilized. Please note that the cost is only gathered from the Real Money account and only when there are enough 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 enough activity to prevent a cost from being charged.
Guaranteed Stop Order – if you choose this function, please note that as it guarantees that your position (trade) closes at a specific asked for rate (price), the trade undergoes a larger spread.
Conclusion Plus500 costs
The expenses Plus500 charges are reasonable and in proportion to the quantity 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.
Jak Odpowediec Na Pytania Plus500
Software application & possibilities
When you begin trading, we comprehend that you of course also wish to utilize a great 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 out 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 wish to trade. New consumers will therefore not have to search long for buy & sell buttons on Plus500. Jak Odpowediec Na Pytania Plus500.
Opening a trade
Opening a trade with Plus500 is rather straightforward. It is essential to keep in mind that with Plus500 you always sell CFDs. With Plus500 you never directly sell a share. The only thing that identifies your result is the difference in between the cost at which you open and close the position.
When you open a position, you have 2 choices. You can purchase the CFD or you can go short on the CFD. When you purchase the CFD you get a favorable outcome with an increasing price and when you sell the CFD you get a favorable result with a falling price. Since you utilize utilize there is a high threat of losing money rapidly due to leverage.
The alternative to hypothesize on a declining price is a major advantage within the Plus500 platform. The option to brief sell increases your versatility and makes it possible to respond to different market scenarios.
Type of orders
With Plus500 you can right away open an order. When you press purchase or sell you will see the screen listed below:
In the order screen you can enter the quantity you want to trade with. You likewise have the option to automatically open or close the position after a specific price has actually been reached. This makes it possible to protect you trades when you need to go out. Jak Odpowediec Na Pytania Plus500.
It is also possible to put an order with Plus500. You do this by entering a cost at which you immediately open the CFD position. By using orders, you can accomplish even much better trading outcomes.
Leverage
With Plus500 you have the alternative to use an utilize. With a lever you can take a larger position with the very same amount of money. Both your prospective earnings and your possible loss boost when you use utilize. With each security you can immediately see what the maximum utilize is that you can use.
The presence of a leverage is a benefit in the evaluation of Plus500. You can always choose to invest with smaller sized quantities if you wish to reduce your threat.
Mobile application
On Plus500 you can also trade with the mobile application they provide. The mobile application is less substantial than the WebTrader. You can perform less extensive analyses with it. It is useful to likewise install the mobile application. With the app you can get warnings when the cost of a security reaches a particular value.
The mobile application is really user-friendly and it is great to adjust your orders when market conditions change significantly. The mobile application is for that reason a strength in our evaluation of the Plus500 platform.
Jak Odpowediec Na Pytania Plus500
Trading options at Plus500
In this part of the review we will discuss the different kinds of securities you can sell with Plus500.
Forex
With Plus500 you can sell CFDs on Forex. When you sell Forex, you hypothesize on cost modifications in currency pairs. You can for example location a trade on the advancement of the euro against the dollar.
Shares
On Plus500 you can also trade in an extensive range of CFD shares. The shares are nicely sorted by nation, so you can quickly discover a share to trade.
Products
It’s likewise possible to trade in commodities by utilizing CFDs. The most popular commodity for trading is oil. You can often apply a maximum utilize of approximately 1:20 to financial investments in basic materials. When you sell gold you can use an utilize of 1:20.
Options
On Plus500 you can also trade in CFDs on options. Options frequently move strongly: a choice can often increase or fall in value by 10s of percent. With CFDs you can apply a leverage of as much as 1:20 to choices, which even more increases your prospective gains or losses.
Indices or ETFs
On Plus500 you can also trade in CFDs on popular indexes or ETFs. You can for instance trade in the Dow Jones or NASDAQ index trackers.
Cryptocurrencies
At Plus500 you can also trade with CFDs in the most well-known cryptocurrencies. Cryptocurrencies are extremely unpredictable and it can therefore be interesting to actively speculate on their cost advancements. Among the most popular cryptocurrencies to sell is the Bitcoin. (” Instrument availability subject to policies”). Jak Odpowediec Na Pytania Plus500.
Conclusion on the trading choices at Plus500
Plus500 has a large range of tradable CFD securities. Even reasonably unknown regional stocks can frequently be discovered on the Plus500 platform. This makes Plus500 an attractive broker for financiers from all countries. My experience with Plus50 has for that reason been extremely favorable.
Assistance & research study
In this part of the review, we examine how Plus500 supports traders.
Technical analyses
At Plus500 you can carry out technical analyses on the graphs. Within the software you can utilize various drawing alternatives. You can draw horizontal levels to show price levels where the marketplace typically moves in the opposing instructions.
You can likewise include technical signs on the graph. The series of technical indicators at Plus500 is enormous. You can choose from more than 100 various alternatives. It is smart to use technical signs. By using technical indicators, you can execute better analyses.
The technical analysis options within the Plus500 software are substantial. It is inconvenient that you can not conserve multiple graphs. This means that you have to repeat the evaluates frequently. Expert investors would need to download other programs to carry out more complex analyses.
Research study and education
In this review we can be fast about the possibilities of research study and education: at Plus500 these alternatives are totally missing. There are no courses or webinars offered at Plus500. This is a downside for individuals who join Plus500 to find out how to trade much better.
It is useful that you get a notification within the Plus500 software when fascinating advancements happen. When the price of, for example, oil falls sharply, you will get an alert of this event. You can then decide for yourself whether you want to take a position on the marketplace development. Jak Odpowediec Na Pytania 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 basic data is missing with Plus500 platform. Plus500 does not score well in the field of research study and education in our opinion.
Customer service
Plus500 has a detailed and quick customer support that is available in more than 30 languages. Your issues can be solved quickly in your language.
It is suggested to get in touch with customer service through live chat. You can use the live chat button within the Plus500 WebTrader. By using the live chat, your issues can be resolved practically instantly.
It is also possible to email Plus500. Mails are typically answered within a day. It is a pity that no phone number is available. This makes it difficult to speak directly to somebody. Due to the quick processing time, Plus500 still scores adequately in regards to customer support. Jak Odpowediec Na Pytania Plus500.
Security & dependability
Before you deposit cash with a business, you naturally want to know that it is totally secure to do so. In this part of the evaluation, we look at how trusted Plus500 is.
Policy
Supervisors guarantee that brokers abide by the rules. Plus500 is supervised by:
- Plus500UK Ltd authorized & managed by the FCA (# 509909).
- Plus500CY Ltd licensed & 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; licensed monetary service provider in South Africa, FSP # 47546.
Security of your deposits
Depending upon your nationality, you enjoy extra protection if Plus500 declares bankruptcy. 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 likewise set several extra guidelines to guarantee that your cash is as safe as possible on Plus500. Below you can discover a summary of these measurements:
Plus500 will never speculate with customers’ money. All funds are kept in a different checking account, which means that this cash is safe and secure when unforeseen things occur with Plus500. And finally, on Plus500 you are secured against an unfavorable balance, due to the fact that he Negative balance security is a regulatory requirement for all EU brokers. So when you trade with Plus500, you can never ever be entrusted a residual financial obligation. Jak Odpowediec Na Pytania Plus500.
Conclusion reliability
Plus500 is 100% no rip-off. Plus500 safely handles consumer possessions. The company is likewise supervised. Plus500 has actually been around given that 2008 and is even listed on the London stock exchange. These are all excellent indicators that Plus500 is reliable and we have actually pertained to that conclusion ourselves.
Jak Odpowediec Na Pytania Plus500
About the business
Plus500 was founded in 2008 and has grown strongly since then. Plus500 is active in more than 30 nations 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 several additional workplaces in other nations. Do you wish to know more about the Plus500 business? In this post you will discover 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 using the user-friendly software application. On Plus500 you can trade at low rates. You likewise have the chance to react to changing market conditions by positioning orders on both rising and falling rates. Jak Odpowediec Na Pytania Plus500.
Do you want to discover how Plus500 works? Instantly open a complimentary demo-account by pushing the button listed below: