The Plus 500 broker was founded in 2008 and has continuously updated its services and solutions since then regarding stock market investment. It notably distinguishes itself from its competitors through its innovative high quality offers and solutions. This Dealing Desk broker is a specialist in CFD investment with a great variety of financial assets available including all major stock market shares.Open an account now!
The Plus500 broker offers an undeniable advantage as it benefits from several approvals from financial control authorities. Based in Israel it is actually authorised and regulated by :
You can therefore register with this broker with complete trust and the certitude that they will respect the current regulations, notably relating to transaction security. Plus500 is a company that has been quoted on the stock markets on the London Stock Exchange for a number of years.
If you wish to open a trading account with the Plus500 broker you will need to complete a simple online questionnaire with some personal information. You will also of course need to complete a cash deposit to be able to start investing in the financial markets.
The amount of your initial deposit is important and should be chosen carefully, taking into account your daily financial requirements. It should be noted here that the minimum initial deposit required by Plus500 is €100.
Once you have completed your registration on the Plus500 platform you can start to invest in the stock markets, commodities and currencies from your secure account. You will also be able to use a free demonstration account offered by this broker. This account enables you to invest under real market conditions but using virtual cash in a way that you can learn how to trade effectively but without risking your own capital. You can then pass on to classic trading using your real account and your own capital.
You will benefit from a leverage effect of up to 1:30.
In order to ensure the complete security of this platform and user transactions, the Plus500 broker reserves the right to request certain documents during every new client registration online, these include:
It is only when this information has been verified that you can really use your trading account with this broker. It is therefore important to prepare these document scans before you register and complete the online form.
Due to its status as a Dealing Desk broker, Plus500 is able to decide its spread rates itself, without the need to align its rates to the level of orders passed through the CFD international market. Its strategy relies heavily on low spreads for the benefit of its users that appreciate the resulting low cost operations.
The Plus500 broker also leans towards new technology, it offers users the choice between several different trading platforms, each possesses numerous practical functions and innovative tools.
The Webtrader platform is the official platform of Plus500 and is accessible online without the need to download anything. You actually access this platform directly from the broker’s website. Of course, this platform has all the practical tools and functions necessary for comfortable trading and investment.
The Windows Trader platform is software that can be downloaded and installed on your computer or tablet. You will however need to use the Windows system from Microsoft to install and use it. This trading platform has the same functions as the Webtrader platform with the tools necessary for trading.
Finally, the Plus500 broker has recently made different applications available to its users that enable them to trade using a smartphone or tablet. These specific platforms offer less functions than the other two internet based platforms but are accessible using the iOS and Android systems and are therefore compatible with the majority of mobile telephones and smartphones on the market.
Plus500 offers different practical functions that enable you to better manage the risks and increase your knowledge and experience. Here are some examples:
The Plus500 online broker does not really offer any trading apprenticeship modules online.
It should be noted that this broker offers an online customer service available via e-mail, live chat, and WhatsApp in various languages that can assist you with any queries you may have.
For practise you can use a free demonstration account that will enable you to try trading without taking any risks using your real account, in this way you can test different strategies before launching into trading in real time on the stock markets.
The broker Plus500 offers you access to a large and varied range of assets. In fact, you can trade on several hundred British, European and international shares using CFDs as well as other assets such as 23 indices from around the world, around 60 currency pairs and 17 commodities.
This broker also enables you to trade in ETFs, options and crypto currencies such as Bitcoin.
To complete your deposits on the Plus500 broker platform you may choose from several different methods of payment. Deposits can be completed using a Visa or Mastercard debit or credit card, using an electronic wallet such as PayPal or Skrill or through a bank transfer. It should be remembered that a minimum deposit of €100 is required.
Withdrawals of your money from your Plus500 account are free and completed generally by bank transfer to the account from which you paid your deposit. It is however possible to modify your bank details to receive money into another account. Of course, you will need to accompany your request with certain items such as proof of identity or proof of address.
The Plus500 broker appears to offer numerous advantages for individuals that wish to invest in the financial markets. Firstly it offers highly attractive spreads and is considered as one of the cheapest brokers on the market due to its status as a Dealing Desk broker which enables it to choose its spreads.
Another strong point of this broker is that it is regulated by several financial authorities. You can therefore subscribe without worries of fraud or security problems regarding your personal information, financial transactions or capital invested.
Plus500 was classified as one of the best brokers in 2016 due to these two positive points. But these are not the only qualities of this broker that has received numerous prizes over recent years. In fact, Plus500 possesses three innovative trading platforms that offer attractive tools in terms of risk management. You can also access numerous assets including hundreds of international shares.
But of course, this broker does not only have advantages. Among its weaker points we note for example the relatively longer time for withdrawals compared to certain other brokers.
Apart from these few disadvantages we highly recommend this broker that appears to fulfil all standard requirements and offers you a truly exceptional trading experience.
To open an account with Plus 500 you simply need to complete the form available on this broker’s website and provide the requested personal information. You can then access the financial markets.