This page contains a detailed review of the ‘Plus500 software trading platform‘.
Plus500 is a CFD service
Your capital may be at risk – See page footer
Plus500 is Authorized and regulated by the Financial Conduct Authority
Plus500 Executive Summary
Plus500 Trading Platform
Established in 2008, Plus500 has quickly grown into one of the most popular and largest of the online financial trading platforms which provide a downloadable software on which research can be conducted and orders placed. The software communicates with the online platform making real time and delayed orders possible on all types of financial markets including forex, stocks, commodities, indices, CFDs, ETFs and other financial instruments.
Once you open a free account with Plus500 you get full access to Plus500’s suite of services, research and training tools.
1. Opening An Account
Opening a Plu500 account was quick and easy. Additionally I was able to connect my bank account to the Plus500 system without any problems and my first $100 deposit was in and ready to use within 24 hours. Additionally I was immediately approved to trade with leverage, making my working capital go much further. Withdrawing funds is just as easy once the account are set up and verified.
Plus500 also accept withdrawals and deposits using credit cards, Moneybookers and PayPal. This makes further funding of the account a breeze for full time forex traders. I have often found taking money out of my account full of hurdles with many of these trading platforms, not so with Plus500. Yes, there are security checks in place but I’m glad they are there considering what today’s hackers are capable of, and anyway, once you’ve made a couple of withdrawals and the ‘system’ is in place then further withdrawels are quick and easy.
2. Platform Interface
The interfaces are clean and easy to use with tabs separating each CFD category. This really takes out the complicated navigation which plagues most platforms, particularly when you need access to all the types of order types one would expect from a full service broker such as standard entry limits, stop loss limits, trailing stops, and market orders. Oh, and with Plus500 the order limits are guaranteed, unlike most other forex trading platforms.
3. Platform Testing
When testing trading platforms one of the most important aspects I look for is response speed and stability. If you are being offered real time quotes in all the major international markets (as you are with Plus500) then there is little point in trusting the numbers if the system response time is slow or hangs. I did not experience any of this and I travel internationally constantly. One thing I would recommend however, is having access to broadband if you are going to trade from wherever you are in the world.
We tried all three interfaces to make trades, namely the desktop software and the web-based platform using a browser as well as an iPad and smartphone. It felt pretty good when I was in Hong Kong airport the other day waiting for my flight home. I had about an hour in lounge and made more from a quick couple of trades using my iPhone than the cost of my flight – and I always sit in the sharp end.
By the way, for our international readers their are versions of the software and web platforms in just about all languages of the world, showing without doubt the international scope in which Plus500 operates. Again something which no other online trading platforms can match.
4. Training Section
If you are new to trading (or even if you’re an old hand looking for ways to test and trial your methods) then I would highly recommend you make full use of the demo account. In fact, once you have registered for an account you not only get access to the demo, you also get access to hours of training videos which teach you everything from the fundamentals of forex trading to how to use the platform, to some of the more advanced trading techniques you can use to give yourself an edge.
A word of warning if you are new to forex trading and you’re here to find out how to get started, then please bear in mind that over 95% of forex traders consistently lose when they trade. Most do this because they are too impatient or lazy to learn first and have a few practice (no real money) trades before they try it for real. Most jump in feet first and wonder why they get scalped so quickly.
Don’t let that be you. Plus500 has a superb training set up in all the languages, you would be very wise to make full use of it. And don’t worry, you can use the demo account for as long as you like. Unlike other trading platforms you are not pressurized to move over to real money trades before you are ready, by putting a time limitation on the demo account. With Plus500 it lasts forever.
5. Customer Service and Support
Support is available at all times which is important if you’re on the road a lot like I am, although at time of writing it was only available through email. The response was very fast though, I received a reply within five minutes, although my ‘problem’ was only a simple one, and was in fact fictitious.
6. Trading License
Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).
Plus500CY LTD is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14).
7. Welcome Bonuses
We’ve set up some great bonuses for you if you open a free Plus500 account through this link. You’ll get all the details on the other side. (T&C’s apply)
8. Plus500 Conclusion
Of all the trading platforms we’ve tried and tested, Plus500 seems to have it all. The free training courses and demo account make it ideal for those trying forex trading out for the first time, to professional traders who maximize every advantage made available to them such as guaranteed stops, high reliability, powerful software and huge variety of financial instruments made available to them.
For the first time, the tools and access to markets which have only been available to commercial organizations are now available to every individual on the planet, through Plus500. Finally remember: Your capital is at risk!
For those who participate in financial trading, the need to have the best trading platform is vital. In the world of money absolutely every second counts, and even a minor delay can have serious monetary consequences. Several platforms on the market today are plagued by such a woe. Fortunately, there is a platform that offers the perfect solution to this problem and goes beyond trader expectations.
Plus500 is one of the largest and most popular financial trading platforms available today. This downloadable software allows for extensive research capabilities and the ability to place orders instantly. Real time communication with the investment market allows financial traders to make financial decisions instantly or to make delayed orders.
Unlike some other financial trading platforms, Plus500 is absolutely free. After opening an account, any financial trader can instantly begin transactions on such markets as Forex, Stocks, CFDs, Commodities, Indices, ETFs, and more.
With a clean and easy to use interface, Plus500 makes forex trading hassle free with the use of organized tabs which separate each CFD category. Complex navigation is a thing of the past, and the more time spent using traditional platforms results in not just increased hassle, but more money lost.
Time is money, after all.
This is why Plus500 is quickly becoming one of the most recommended platforms by financial experts today. Not only is it simple to use, but the inclusion of real time market results means it is equipped with the best speed and stability that can be found.
Unlike most Forex trading platforms, order limits on Plus500 are absolutely guaranteed. As can be found with a full service broker, Plus500 includes such order types as standard entry limits, stop loss limits, trailing stops, and regular market orders.
The simple interface and overall design of Plus500 is not just beneficial to financial experts, but also to new traders as well. For those new to the financial trading market, Plus500 will include free training videos to help you understand the in’s and out’s of this complex monetary world.
Plus500 also includes multiple versions of the software that is available in a variety of different languages.
It can be frustrating to not receive the support you need, especially when money is on the line. That is why Plus500, authorized and regulated by the Financial Conduct Authority, has twenty four hour customer support. These customer service professionals can aid you in every step of the way to overcoming any problems you may have.
Trading on the financial market requires speed, accuracy, and a unique set of monetary skills. Fortunately, Plus500 offers the perfect solution for Forex and other traders. Truly revolutionary in design and in function, Plus500 is unlike any other trading service available on the market today.
Because it includes so many functions that are available with professional full time service brokers, it is no wonder that thousands of people each day are turning to Plus500 to carry out all their trading needs.
A Different Perspective
When it comes to business finances, many people do not think much about it. Those who do are often flooded with so much information that it becomes hard to accurately assess and maintain your finances. There are many tools that exist to ease this laborious process, chief among which is Plus500. Established in 2008, Plus500 has quickly become one of the most widely used online financial trading platforms. The innovative, downloadable software allows clients to conduct research and place orders. In addition to this, Plus500 immediately syncs with the online platform making real time and delayed orders possible on all variations of financial markets including forex, stocks, commodities, indices, CFDs, ETFs and other financial implements. Today, we will take a look into how you can gain access to this extraordinarily helpful software.
Opening an Account
Opening an account with Plus500 is simpler than ever. After basic registration, you can easily connect your bank account to the software and be ready to use it very soon after. Those who use Plus500 are usually immediately approved to trade with leverage, making your working capital go much further. Withdrawing funds, too, can be done with relative ease once the account is set up and working. Once you’ve set up an account, then you will be greeted to the interface…
Navigating the Interface
The interface is built for you, the customer. All of the various tabs are organized in such a way that it remains highly informative while still being easy to use. The interfaces of Plus500 easy to use with tabs separating each CFD category individually. This removes the complicated navigation which degrades most other platforms, particularly when access to all order types is necessary. Additionally, with Plus500 the order limits are guaranteed, unlike most other forex trading platforms.
Plus500 has an excellently speedy trading platform that allows for real time decisions to be made without the often deleterious lag that comes with other software. Even on your travels, Plus500 maintains its steadiness and reliability allowing you to pounce on any opportunity you wish at any time.
Plus500 is also quite affectionate towards new or first-time traders. With a Plus500 demo account, you are afforded hours upon hours of instructive and educational tutorials to help you navigate Plus500 and the trading world as a whole. Its also worth mentioning that customer support is also made available at all times in case you have any questions or concerns.
Plus500 seems to be the one-stop-shop for all your trading needs. Of all the trading platforms we’ve tested, Plus500 seems to be the most accessible, usable, reasonable, and beneficial of them all. If you’re looking for a safe and secure trading platform that is easy to use yet filled with crucial details, you will pleased to hear that Plus500 has got your back and will be able to help both experts and newcomers in their trading endeavors.