PLUS500 Review

PLUS500
Up to 30% Welcome Bonus
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Overview

Traders who sign up with Plus 500 receive a generous welcome bonus of up to 30% of their deposit, which they can use to open trades and begin seeing profits. Once their leverage of 1:200 factors in, this sign up bonus makes a significant difference in a trader’s ability to hedge their funds from the very beginning.
Remember that CFDs are a leveraged product and can result in the loss of your entire deposit. Trading CFDs may not be suitable for you. Please ensure you fully understand the risks involved.

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Details

Broker PLUS500
Website URL www.plus500.com
Founded 2008
Headquarters London , United Kingdom ; Limassol ,Cyprus and London ,United Kingdom
Support Types 24/7 Email support
Languages العربية, български, 简体中文, 繁體中文, Hrvatski, Česky, Dansk, Nederlands, English, Eesti, Suomeksi, Français, Deutsch, Eλληνικά, עברית, Magyar, íslenska, Italiano, Latviešu, Lietuviškai, Bahasa Melayu, Malti, Norsk, Polski, Português, Română, Pyccĸий, Slovenčina, Slovenski, Español, Svenska, Türkçe
Trading Platform Software, Web trader, iPhone app, iPad app, Android app, other mobile versions.
Minimum Trade Amount 2 Pips
Welcome Bonus Up to 30% Welcome Bonus
Leverage 1:200
Free Demo Account Yes
Regulated Yes
Regulation Plus500 UK LTD is authorised and regulated by the Financial Conduct Authority, Plus500 CY LTD is authorised and regulated by the Cyprus Securities and Exchange Commission, Plus500 AU LTD is regulated by Australian Securities and investments Commission.
Fee Info No trading fees
Deposit Methods Credit Cards, Money bookers, Wire Transfer, PayPal
Withdrawal Methods Credit Cards, Moneybookers, Wire Transfer
Trading Methods Forex, Stocks, Commodities, Indices, ETF's
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 89/100

Pros

  • Clutter free interface for the trading platform Competitive low fixed spreads Easy withdrawal of profits Large number of tradable instruments Low minimum deposit required to open a trading account Regulated by the FCA User Friendly trading platform

Cons

  • lack of Live Chat of customer support

Full Review

Plus 500 is one of the most reputable Forex brokers, offering CFD services for Forex traders. They are regulated by the Financial Conduct Authority in the UK, the Cyprus Securities and Exchange (Cy-SEC) in Cyprus, and the Australian Securities and Investments Commission in Australia.

Traders who sign up with Plus 500 receive a generous welcome bonus of up to 30% of their deposit, which they can use to open trades and begin seeing profits. Once their leverage of 1:200 factors in, this sign up bonus makes a significant difference in a trader’s ability to hedge their funds from the very beginning.

One of the reasons we rank Plus 500 as one of the best Forex brokers because they acknowledge that CFD, by nature, means that traders put their money at risk; and are transparent about it with their traders. Plus 500 insist that their services are not appropriate for beginners, and encourage only experienced traders to sign up and trade with them.

Plus 500 offers various tradable assets: Currencies, commodities, stocks, and indices to name a few. Both deposits and withdrawals can be done using credit cards, electronic payment methods, such as Paypal or moneybookers, and wire transfers.

If you have trading experience and are looking to trade with the best forex brokers, we highly recommend that you consider Plus 500.Stamp Example

* Plus 500 excepting traders only from : Australia, Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Israel, Italy, Kuwait, Latvia, Luxembourg, Malaysia, Malta, Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Slovakia, Spain, Sweden, Switzerland,  Arab Emirates, United Kingdom, Uruguay

Remember that CFDs are a leveraged product and can result in the loss of your entire deposit. Trading CFDs may not be suitable for you. Please ensure you fully understand the risks involved.

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