Plus500

Plus500

Pros

  • No deposit or withdrawal fees
  • Guaranteed stop losses & limit orders
  • Available in 23+ languages
  • Offers price alerts

Cons

  • $5 inactivity fee after 3 months

Overview

Providing a pleasant, uncluttered forex trading experience and a solitary trading platform for new traders, Plus500 is growing quickly into one of the top Forex brokers in the industry today.

The broker’s learning center offers basic Forex trading information in a practical manner that is easy for any novice trader to understand.

Forex trading available 24 hours a day from Sunday at 22:00 GMT until Friday at 22:00 GMT.

Up to a 30% bonus on first deposit, and a free $25 gift for forex trading.

The Broker doesn’t charge commission. They compensate for their services through the bid/ask spread.

It can be made via Credit card, Skrill and Wire Transfer. They do not charge any fees for deposits and withdrawals

 
Plus500 Disadvantage:

Telephone support and live chat feature unavailable

MetaTrader4 unavailable

Final Verdict:

With a time-unlimited demo account at Plus-500, you can take advantage of their optimum trading platform. Enhanced with security, the platform allows you to trade various products including Stocks, Indices, Metals, Commodities and Currencies. Operated by a dynamic group of programmers, Plus-500 believes in the Human Side of trading, giving back to their clients what they expect from their providers. With a highly detailed Help section on their clear and concise website, Plus-500 walks you step-by-step through the process of using their unique forex trading platform. Focusing on ease and efficiency, Plus-500 is a good broker option for any trader in the industry.

Screenshots

Video preview

Options

Company Headquarters London
Jurisdiction Plus500
Support Telephone Number None
Support Type Email, Fax
Trading Platform Plus500 trading platform
Minimum Deposit $100
Minimum Trade Size dynamic. depends on regulator and instrument
Maximum Trade Size dynamic. depends on regulator and instrument
Founded 2008
Currencies
Mobile Yes
Tablet Yes
Bonus amount depending on the country the trader is from
Demo account Yes
Assets CFDs on Forex, Commodities, ETFs, Indices.
Commissions no commissions