A Wiser Way of Winning In The Trading World
* Your capital is at risk
If you are looking for a way to get higher return of investment, then you have to know the game by heart. This Plus500 review shall tell you one of the best options you have in mastering your trading investments.
* Your capital is at risk
What is Plus500?
Plus500 is an online broker and CFD service provider based in the United Kingdom. It specialises in foreign exchange and other financial markets. Plus500 has been established in 2008 and since then, it has continued to provide quality and reliable service to its customers. Plus500 UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909) and the Plus500AU Pty Ltd, AFSL #417727 issued by the Australian Securities and Investments Commission. It is also listed on the AIM section of the London Stock Exchange, and has been consistently part of Top Ranked Brokers online for being known to follow best practice of corporate governance. Note that:
- Plus500 is a CFDs service
- Your capital may be at risk
Attributes of Plus500
Aside from efficient trading in the forex market, the Plus500 trading platform also provides an avenue for trading CFDs with other 2,000 instruments. This includes shares, commodities, stocks, indexes, and ETFs, all together on just one trading platform, across over 20 different markets worldwide. You may wonder how it works, Plus500 actually earns commissions on the dealing spreads, at 2 pips for USD/EUR. Other currency pairs are deemed just as competitive as well.
As previously stated, with every business transaction, comes a risk, and so is your capital. Bear in mind that forex trade entails significant risk of loss, and is not for the faint of heart since there is possibility that you may lose more than what you initially invested. Note, too, that Plus500 does not accept US clients. Thus, if you are a resident of the United States, it is suggested you rather just check out another highly-rated broker. Time to get started. Click here or continue reading for more Plus500 tips and tricks.
There are two different types of accounts being offered by Plus500: one is a live funded account, and the other is a free demo trade account. The beauty in the latter is that, unlike other trading platform’s demo accounts which is usually offered just for a limited time, Plus500’s demo account has no expiration date. A minimum initial deposit of $100 is required for live funded accounts, and can be paid through various channels such as credit cards (Visa or MasterCard), Moneybookers/Skrill, or via wire transfer. 1:300 is the maximum leverage on Plus500 accounts. It is recommended to maintain a low leverage since adding to it also adds more risk. That is to say, a leverage of high-degree can serve as a double-edged sword – may work for you or against you.
Remember that CFDs are a leveraged product and can result in the loss of your entire deposit. Trading CFDs may not be suitable for you. Please ensure you fully understand the risks involved.
Doing Transactions at Plus500
Transacting at Plus500 is due to the advent of technology. Initial deposit can be done via Visa or MasterCard credit cards, Moneybookers/Skrill, or via wire transfer, the easiest and quickest way of which is through credit cards. All you have to do is logon to Plus500 and enter your card details then you can already begin with trading. If you choose the Moneybookers/Skrill way, it’s uncomplicated as well. You just have to go the Funds Management tab, choose the option of Moneybookers, and key-in your account details. You will be alerted if the transfer has been completed. For the wire transfer option, it may take up to three days until your deposits to Plus500 will appear in your account. To transfer funds, go to “Funds Management” tab, click on the option “Wire” and then click on the button that states “Send me Wire Details”. You will receive the next instructions via email. For wire transfer the minimum deposit is £300.00, and £100,000 for maximum. To withdraw from your Plus500 account, you will need to present any official photo ID – a valid passport, driver’s license, or any other official photo ID that should be presented before any customer can withdraw from his account. The ID must be scanned and sent to the site, and if a scanner is not available, you can just take a picture from a digital camera or mobile phone. You will have to wait for 24 hours until Plus500 reviews the files. Today is the perfect day to get started with Plus500. Click here to sign up and open an account! Take Advantage of Plus500 Platforms The Plus500 trading platform is highly versatile and adaptable. It is available on different operating systems — Windows XP, Windows Vista, or Windows 7. For further ease and convenience, it is also accessible on three formats: for your laptop or desktop, a downloadable version; a web-based version that can be signed on by a client from any computer with an Internet connection; and a mobile based trading platform that can be utilised on any mobile device. The beauty of the versatility of Plus500 is that even though it exists in different operating systems and different formats, the user interface, trading screen, and all other features appear the same, making it easier for the user to trade anytime, anywhere. That’s trade on the go, perfect for today’s busy and hectic lifestyle. Plus500 though is not available on MetaTrader4 or another third party trading platform. Another benefit is that Plus500’s trading screen covers not just forex but all other financial assets available, such as commodities, stocks, indexes, ETFs, and CFDs alongside standard forex and real time quotes. Plus500’s ease and versatility also applies to locality. That is, it offers its full services in almost every language and currency, regardless of wherever you are on the map. Plus500 is present in 50 markets and available in 31 various languages. Can’t contain the excitement? Signing up takes only 2 minutes. Click here to go to the Plus500 website.
Plus500’s support team is ready to serve you 24 hours a day, 7 days a week by e-mail, and via multiple languages.
Plus500 accepts the fact that not everyone is an expert or knowledgeable on trading. That is why a section of Plus500’s website is dedicated to sharing basic information on the forex market works. Though the information provided is helpful, for complex and more in depth illustrations and explanations, you might to look beyond Plus500’s information section.
Safety and Security Assurance
As mentioned earlier, Plus500 is authorised and regulated by the British Financial Conduct Authority in the UK, therefore putting it on the same regulatory requirements as other Financial Conduct Authority registered businesses. If you would like to verify, Plus500 is registered in England and Wales under the account name Plus500UK Ltd with registration number 07024970, and with Financial Conduct Authority (FRN 509909). With all these great features, who else can provide you a better platform? Trading has never been this exciting. Get a Plus500 account now and start using it wherever you are! With more hits than misses, Plus500 is indeed a reliable trading platform with an easy to use interface and available in formats, languages and markets that you need it to be. Now you can trade easily, anytime and anywhere with Plus500. Come and see for yourself, try it now for free.