Plus500 has been a popular trading platform since 2008, with over 2,000 financial products to choose from. The company operates in Europe and Asia and is one of the fastest-growing CFD trading firms, with over a million clients and a portfolio of 1,000 instruments.
The corporation has a stock exchange listing in London. Three subsidiaries are in charge of the company’s operations:
The broker is regulated in a number of countries around the world.Furthermore, the firm is a major sponsor of professional football and rugby teams. Since 2016, Plus500 has been the official sponsor of Atlético Madrid. In 2020, they added Legia Warsaw and Atlanta to their squad.
Since its establishment in 2008, the company has gained a reputation as a dependable and trustworthy broker among traders. The fact that the broker is listed on the London Stock Exchange adds to the broker’s reputation for financial soundness.
The firm’s subsidiaries are governed by many authorities in terms of regulatory oversight:
The company is also a licensed investment firm in Estonia, supervised by the Financial Supervision Authority (FSA).
Even though the firm employs its own trading platform, the Webtrader trading platform, which is accessible in several versions, can suit the needs of the broker’s international client base.
There is also a web version of the trading platform available on any browser for people who want to trade directly from the Internet. There is no integration with MT4 at this time.
The portal constantly has the most up-to-date market data and news. The Plus500 Invest platform was also unveiled by the broker.
On the world’s main stock markets in the United States, the United Kingdom, and Germany, clients can buy, sell, and hold over 1,400 shares. On this platform, there are no commissions for deposits or withdrawals. It is a user-friendly platform for mobile devices, with a basic UI and simple buy and sell orders. Their Webtrader trading software is capable of making deals promptly. Furthermore, you will be able to trade a wide range of assets from the comfort of your own home.
As a trader, it’s critical to be able to execute as many deals as possible in a short period of time. You can do this with ease if you have a large asset index.
Clients who prefer to trade the markets using only their cellphones can use the platform’s mobile edition.
The mobile app is available for download for free from the Google Play Store or the Apple App Store.
The mobile app is completely functional and includes all of the same trading options as the web version, including stock CFDs. Trading on the app is simple and quick.
The Standard is the sole type of trading account offered by the firm. To get started, you’ll need to make a $100 deposit.
Potential clients can also use the company’s free unlimited demo account to evaluate the trading platform and establish a trading strategy.
Traders will be glad to know that CFDs provide over 2,000 different instruments to pick from. Major asset classes such as currency pairs, cryptocurrencies, commodities, options, and stocks are among these assets.
The leverage available is 1:30. Depending on the market being traded, this will differ. When the relevant stock exchange is open, such as in New York, London, or Hong Kong, shares can be traded at any time.
The regulator limits cryptocurrency leverage to 1:2 where practicable. However, assets like Bitcoin, Ripple, and Litecoin can be traded with tight spreads. However, CFDs on cryptocurrencies are not available in the United Kingdom. BITA’s Crypto 10 index is available as a CFD on the company’s website.
Support is provided 24 hours a day, 7 days a week, but only by email or live chat on the website. As a result, the company’s website is available in 32 different languages, and there is no telephone support.
Due to local restrictions, Plus500 is not available to people.
Available payment and withdrawal methods:
You can refresh your trading account with the help of any of them.
Withdrawing monies can be done using the same procedures. Withdrawals take three business days to process. It’s also worth noting that all withdrawal options have a minimum withdrawal value, and you can only withdraw funds using the same method you used to deposit.
There are currently no withdrawal fees.