Plus500 Review, plus500.com – Is Plus 500 Scam or Legitimate?

Plus500 Review

Plus500 is an online trading platform that provides investors with access to over 2,000 financial instruments. Established in 2008 in Israel, Plus500 now has offices in various countries, including the United Kingdom, Australia, and Cyprus.

This Plus500.com review will explore the essential features, fees, security, customer service, and other aspects of Plus500.

Trading Platforms

Plus500 can be easily accessed on a wide range of devices, making it a flexible platform for traders who are always on the go. The platform is user-friendly and caters to traders of all experience levels. It provides a range of charting tools and technical indicators to support informed trading decisions. The Plus 500 trading platform is clean and easy to navigate, making it an excellent option for novice traders.

Instruments Offered

Plus500’s primary strength is its diverse range of financial instruments. The platform provides access to over 2,000 financial instruments, including CFDs of stocks, indices, forex, cryptocurrencies, ETFs, and commodities. The extensive selection of instruments enables traders to diversify their portfolios, reducing the impact of any single instrument’s volatility.

Fees and Commissions

Plus500’s fees are highly competitive. The platform does not charge any commissions on trades, and the spreads are low. However, overnight financing fees may apply to positions held overnight.

The Plus500.com trading platform’s overnight financing fees are determined by the interest rates set by the central banks of the countries where the underlying assets are traded. The Plus500 broker also charges inactivity fees for accounts that have been inactive for three months.

Security

Plus500 takes security seriously. The platform is regulated by several authorities, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC).

Plus500’s advanced security measures, such as SSL encryption and two-factor authentication, protect users’ personal and financial information. Plus500 also stores clients’ funds in segregated accounts, ensuring their funds are protected in the event of insolvency.

Customer Service

Plus500 provides excellent customer service, with support available via email, live chat, and phone 24/7. The platform also has a detailed FAQ section that addresses many common questions and concerns that traders may have. The customer service team is knowledgeable and responsive, providing traders with prompt and helpful support whenever needed.

Education and Resources

The Plus500.com broker provides a range of educational resources to help users learn about trading and improve their skills. These resources include video tutorials, a demo account, and a variety of articles and guides.

The demo account enables users to practice trading without risking real money, making it an ideal feature for novice traders who want to get familiar with the platform’s features before trading with real money. The educational resources available on the Plus500 trading platform are comprehensive and cover a range of topics, making it an excellent choice for traders of all experience levels.

User Experience

Plus500’s trading platform has a user-friendly interface that is easy to navigate, making it an ideal choice for beginners. The platform provides clear charts and graphs that make it easy to analyze market trends, and the range of tools and features is well-designed and straightforward, providing traders with the essential information in order to make better-informed decisions.

Mobile Trading

The Plus 500 broker has developed mobile apps for iOS and Android devices, enabling users to trade on the go. The mobile apps offer access to all the same features and tools available on the web-based platform, providing traders with a seamless trading experience on mobile devices.

Conclusion

In conclusion, Plus 500 is a reliable and user-friendly online trading platform that provides traders with access to a diverse range of financial instruments, competitive fees, advanced security measures, and excellent customer support.

The platform’s web-based platform, mobile trading apps, and educational resources cater to traders of all experience levels, making it an excellent choice for anyone looking to diversify their investment portfolio.

With its intuitive interface, range of trading tools, and low fees, Plus500 is an ideal trading platform for those who want to maximize their potential profits while trading with confidence.