Plus 500 Broker Review

Website:
www.plus500.com
Founded:
2008
Country:
UK
U.S. Clients:
No

plus500 broker Review

Advantages

Plus500 is an all-around broker that offers plenty of trading opportunities for the average, and even professional trader. The markets offered are stock shares (CFDs), Forex, Indices (CFDs), Commodities (CFDs), and ETFs (CFDs). The broker is open to 50 countries, and is probably the most diverse of the brokers that we have looked at as far as the amount of countries that financial instruments are concerned. The ability to use CFDs to limit risk is paramount, as the size of the trade is extremely important.

Disadvantages

The broker doesn’t allow US clients. Leverage is limited to 200:1.

Introduction

Plus500 is one of the world’s most diverse brokers, allowing the trader to take advantage of almost all trading situations, and in a safe environment. The ability to trade some of the minor stock markets in Europe is particularly interesting to us, as Austrian, Swedish, and Belgian shares are offered as an example. This allows you to get exposure to “peripheral Europe.”
The broker is a large one, and has a lot of experience serving clients globally. This allows for confidence when dealing with them, and also shows a respectable track record – not something everyone offers. With Plus500, you get a heavily-regulated broker with loads of experience.

Trading Platform

Windows Trader, WebTrader, iPhone/iPad App, and Android App are all offered. The platforms are intuitive and proprietary. The technology is well-tested, and has been proven to be robust for some time now. Because of this and the graphical interface, we found them all to be quite good and simple to use.

Features

Depth of financial instruments, regulation, and experience are the biggest features to using Plus500 in our opinion. The fact that they are regulated in several different countries is without a doubt one of the most important things for a trader that is looking for safety of funds, and with this – Plus500 excels. The platforms are all robust, and the spreads are tight.

Bitcoin Trading

Both Bitcoin and Litecoin are available for trading at Plus500.

Customer Service

There is fax customer service number that is available 24/7 and the list of languages available is extensive. The email customer service is also available 24/7, and is normally answered within 30 minutes.

Usability

Plus500 has had so much experience dealing with traders over the last several years, they have essentially perfected the trading experience for you already. The ability to effortlessly go from one network to another without leaving the platform makes this broker easy to use as well.

Closing Thoughts

Plus500 is one of the larger brokers in the world, and with good reason as far as we can see. The spreads in the plethora of markets that they offer are tight, and the ability to change markets so quickly is a huge bonus. The broker is heavily regulated, and in several respected countries such as the UK and Hong Kong, allowing for traders to feel comfortable depositing funds. The platforms have been tested by thousands and thousands of traders, and have executed millions of trades. Plus500 continues to grow, and with good reason.

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