Security of funds
Are you looking for a trading platform capable of providing users with a new experience? Plus500 is one the bests in the business today. To help you understand this broker, we provide you with advice on this area.
The quality of Plus500 trading platform
In our experience, the trading platform is very user-friendly due to its simple and clear design. But CFDs are complex financial products. On the other hand, professional traders need to learn about the platform in a few minutes to get used to it. Beginners with unlimited free demo accounts can learn how to trade. Plus500 is synonymous with cost and trade transparency. This is also very clear on the trading platform. All transaction costs were clearly indicated. The market price is displayed very clearly so that traders can negotiate the best price.
In addition, more than 40 different technical indicators are provided on the platform. These can be inserted differently and adapted independently. The design tools can also be used for technical analysis. For example, if you select a strategy using indicators, you can also save the model parameters and copy them if necessary.
In our experience, the platform diagram is very effective because the diagram is very clear. There are no annoying disconnects or other errors, so a successful analysis can be performed at any time. For the analysis you can also observe the opinions of other merchants. Plus500 provides a highly professional trading platform with a range of parameters for each trading style.
In addition to the guaranteed stop loss, the broker has other exclusive points of sale. For example, on the trading platform, alarms can be defined for each market. If the price reaches a certain level, you can send an e-mail or a notification on your cell phone.
Mobile trading from any device
Nowadays, mobile trading activity is very important for traders. Many also wish to manage their product portfolios via cell phones. Plus500 provides applications for iOS and Android. This allows you to react quickly to political events or basic information. The design of the application is similar to an IT trading platform. Here, the chart can also be adapted to the trader’s style. The program can even receive the latest news. Basically, the app complements the broker’s portfolio and Plus500 provides everything a trader needs.
Free Plus500 Unlimited Demo Account
Plus500 also provides an unlimited free trial account for each trader. This is a virtual credit account that simulates real currency transactions. Therefore, traders have no risk in trading. Therefore, you can test the trading platform in depth and get a new experience. The account is also suitable for understanding strategies and new markets.
There are 40,000 euros of “virtual funds” in the virtual account. With a single click you can switch between a demo account and a real currency account on the trading platform. So you don’t need 2 different accounts. Compared to other providers, this is a great advantage.
Deposit and withdraw with Plus500
Another point of the experience and test report is the deposit and withdrawal of the client’s funds. The minimum deposit for Plus500 is only $100. The broker allowed him to negotiate with a small amount of funds. Many different payment methods can be used. These include credit cards, electronic wallets and traditional bank issuing methods. A great advantage of the broker is that PayPal is a payment method.
Plus500 payments can also take place without any problems. Make sure that your account has been fully verified. Withdrawals will be processed regularly after 1-3 days. Please pay attention to all payment details, otherwise it may cause significant delays.
Plus500 customer service
Plus500 provides full support 24 hours a day. Services are provided via email or chat 24 hours a day. Unfortunately, this broker does not provide telephone support, so the overall score has dropped slightly. Several tests have shown that the support is very fast and efficient. In addition, there are sufficient answers to frequently asked questions on the website. All questions should be answered. People with more questions can look for better support in real time. You can answer by chat within seconds.
Experience has shown that Plus500 support provides good help for the normal operation of the trading platform. Unfortunately, there are no other services such as websites or training. In general, the support is very reliable and experienced.
Conclusion: What we think of Plus500
Plus500 received our clear advice on this page. It is a very large online brokerage company with a wide range of business opportunities. This is very interesting for advanced traders who wish to use leverage to invest in different markets. However, as there is no telephone contact, you need to make some minor adjustments to the support.
You can use other payment methods and all costs will be listed transparently. The platform left us with the impression that it is very simple and flexible.
Plus500 is a multi-value CFD trading platform.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Cryptocurrency is a volatile instrument that can fluctuate significantly over a short period of time, so it is not suitable for all investors. With the exception of CFDs, trading in crypto-money is not regulated and is therefore not subject to any EU regulatory framework.