Your capital is at risk Plus500Futures- a futures platform is available in the US only.
* 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
* Plus500 have recently expanded and diversified their portfolio to offer Shares and Futures via 2 brand new platforms Plus500Invest and Plus500Futures.
*You can trade CFDs on instruments such as oil, silver and gold, stocks, indexes, and ETFs.
* This service is not available in all regions.
Plus500 Corporate History
Plus500 is a world class online CFD broker based in Israel. Founded in 2008, Plus500 Ltd has headquarters located in Haifa, Israel. Plus500UK, a subsidiary, has an office in England and is authorized and regulated by the British Financial Conduct Authority.
Broker Features
Plus500 offers customers its own proprietary multi asset trading platform. This allows an online forex trader the possibility of trading CFDs on commodities, stocks, indexes, ETFs.
The amount for opening a live account at Plus500 requires a minimum initial deposit of $100 and accounts can be funded through Visa/MasterCard, MoneyBookers or through a wire transfer. The maximum leverage on Plus500 accounts is 1:30. Keep in mind the higher the leverage, the greater the risk, so keep it as low as possible.
Trader Accounts
Plus500 offers customers two types of accounts:
• Live account – minimum deposit $100
• Free demo trading – this type of demo trading account has an unlimited use time and comes complete with a trading platform and charting software.
Plus500 users are now able to self-adjust their Demo account balance up to €40,000, or the equivalent in their trading account currency. This new feature allows users to personalize their trading experience while using the Plus500 demo and better reflect their target volume of investments.
They are also able to completely reset their demo account, including all history, so they can re-experience it over and over while executing different trading strategies
•Transactions
* 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Deposits
• Several options for funding an account
• Credit card transfers from Visa and MasterCard.
•Trustly, Apple Pay and Google Pay
• MoneyBookers cash transfers
• Wire transfers from banks or other institutions
• Also, there are a variety of location-based payment methods available
Withdrawals
• Customers must provide proof of identification to withdraw funds
• Takes up to 24 hours for the customer’s identifying documents to be reviewed
Trading Platforms
Plus500 offers clients a great proprietary trading platform, which is can run on Windows XP, Windows Vista and Windows 7 operating systems. The platform comes in three different formats: a web based version, accessible from any PC, a downloadable version that clients can download directly to a desktop or laptop computer and a mobile version for use with cellphones and other personal devices.
The trading platform also includes charting software and an all inclusive trading screen. The multi asset trading platform includes real time quotes and the ability to trade CFDs on commodities such as oil, silver and gold, stocks, indexes, and ETFs. Tabs on the top of the screen allow access to historical trades and current positions.
The Plus500 trading platform has the same features and presentation across all three versions, facilitating trade entry and execution from any cell phone or computer. Plus500, however does not offer support for other third party trading platform such as MetaTrader 4.
Plus500 has launched an amazing feature (+Insights) for desktop and mobile, allowing users to learn more about market trends based on the company’s unique internal data.
How it works: Users will be able to further enhance the exploration process by using the dedicated filter screen and search for local/global trends, focus on instrument types and select a time-frame:
* 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Customer Support
Plus500 offers e-mail and live chat support in multiple languages.
Safety
Plus500 CY LTD is authorised and regulated by the Cyprus Securities and Exchange Commission (License No. 250/14).
Plus500AU Pty Ltd, ACN 153 301 681, AFSL # 417727, issued by the Australian Securities and Investments Commission is authorized to issue these products to Australian residents. Derivatives issuer licence in New Zealand, FSP #. 486026 authorises us to issue these products to New Zealand residents. Plus500AU Pty Ltd, is also an authorized Financial Services Provider in South Africa, FSP 47546. You do not own or have any rights to the underlying assets. Please consider the Disclosure documents available on Plus500’s websites.
Plus500 UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909)
Conclusion
Plus500 may not be the largest online CFD broker, but they offer a great trading platform accessible from your cell phone and just about any Internet computer. Also, Plus500 gives non-U.S. traders the ability to access much more than just the forex market, and the company is Authorised and regulated by the Financial Conduct Authority, thereby providing customers with added fund security.
Furthermore, their customer service department responds quickly via e-mail and Plus500 has an online chat feature though they do not list a phone number. If communication via e-mail or chat is acceptable, this broker makes a good overall choice for seasoned traders alike.
* 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.