Plus500 was recently mentioned in my last article about Forex (link), and it was seen as a great website. We're going back to that, and reviewing the whole website instead of skimming the surface.
Why? Why use it?
Plus500 offers lots of helpful features like a demo account, fast deposits and free software, and it has plenty of charts; it's even listed on the London Stock Exchange! All of these reasons are great examples of why this website is so reputable.
We'll look at Forex next. Their demo account has plenty of features, and is especially convenient for testing out new methods of trading you've devised. All of the information on their charts is up to date, and their software is great! The demo account sets itself up very quickly, and the download is compressed very small so that it takes less time to download. The software lets you use both demo and full accounts, so you don't need to download anything new after you decide to use it. They offer immense leverage and no commissions(If you read our last article, this is placed elsewhere, but with less fees), as well as lots of information! They offer all their CFDs at http://www.plus500.com/AllInstruments/AllInstruments.aspx#Forex, and have much more than just Forex- they have ETFs, Commodoties, Indices and more in case you want more than just Forex.
While they only list their windows app on the front page, they also have an Android app, Windows Phone app, and even an Apple Watch app as well as a full Apple app. With all of these apps available, you have all the mobility you need; there's even a web trader so you don't have to download much.
Affiliate sytem
You can also use their affiliate system for more profit here: http://www.500affiliates.com/
- Signup bonus for new traders
- Available as a web-trader, windows, iPhone & iPad app, android app and more
- 32 different languages
- No commissions!
- Free unlimited time demo account
- Start trading with as little as €100
We assume you're reading this for the Forex part of things, but they have plenty of modes of advertising so you can get the maximum amount of profit from not just your trading, but affiliates! Plus500 truly offers lots of ways to trade and earn on their website, and they're convenient. We couldn't have asked for more!
Conclusion
Plus500 offers lots of advanced information that can be accessed from anywhere, even on a phone! Their apps are nearly identical to their Windows variants, and so they provide excellent portability at no cost! Their charts are completely free, their software is free, and they offer a demo account if you'd like to test their system! The website is nearly a perfect 10/10, and we'd definitely recommend the website to anybody- beginners, pros, anybody can use this site, and so can you!
Pros
- Welcome bonus
- No commission fees on CFDs
- Guaranteed stop loss available
- Negative balance protection
Cons
- No automated trading platform available
- Only one trading platform available, no MT4
- Relatively high spreads
If you decide to trade on Pluss 500 make sure to check out there Promotions.
Disclaimer
This site is not available in the United States, so if you are from there, this information won't apply as you won't even be able to register.
Trading in CFD's is very risky and I won't advise or recommend. Being in bitcoinland for quite a while I know traders like kicks, and if you are a trader who likes risk. Try a demo account first.
Video
Webtrader Interface
Image credits:
[Plus 500] (http://www.plus500.com)