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Plus500 broker review: the benefits and trading conditions of the company

 July 24, 2019

Plus500 broker is now one of the leading dealerships. The broker provides trading services to clients from Russia, as well as the USA, Europe and other countries. 

The most important advantages of the Plus500 dealing centre are:

  • Presence in the market since 2008.
  • Activities in accordance with international regulations.
  • Having a Russian-language platform with a simple and easy-to-understand interface, 
  • Providing a reliable environment for trading. 

The main focus of the Plus500 is to allow trading contracts for price difference (CFDs). 

Plus500 broker regulation

The Plus500 broker is regulated by the Financial Conduct Authority (FRN No509909), the Cyprus Securities and Exchange Commission (CySEC, Persons). No250/14), is licensed as a telecommunications and essential services provider for direct sales (ACN No.153301681), as well as an ASIC license in Australia (AFSL No.417727), FMA in New York (FSP No.486026) and authorized financial services in South Africa ( FSP No47546). Scans of documents on the broker's website Plus500, show that it is listed on the main market of the London Stock Exchange.The fact that Plus500 has so many regulations indicates that the funds of traders are fully protected in the deposit, withdrawal and trading with the broker.

Plus500 Platform and Trading Opportunities

Plus500 offers a powerful trading platform for CFDs that meet high standards. The trade conditions include:

  • The Plus500 platform is available for Computers and mobile devices based on Android and iOS.
  • A simple form of WebTrader web interface.
  • Having a standard and demo account.
  • Fixed spreads at 0.6 pips.
  • Trading instruments: more than 2000, including 50 pairs of Forex and ETFs, stocks, commodities and indices in more than 20 markets around the world.

All options for trading have an advantage: the indicators that the trader adds to the chart are automatically saved, which allows you to analyze several instruments for trading at once.

In accordance with ESMA rules, Plus500 offers up to 1:30 leverage on major currency pairs. Leverage can vary depending on the financial instruments you have chosen.

Additional Plus500 offers can be viewed in 32 different languages, and visitors can automatically redirect to the site in the language they came from, even if they have previously viewed web pages in a different language and can then, if desired, go back to another language. This language switch is designed to make traders feel comfortable wherever they are.

To open an account requires a minimum deposit of US$ 200 (or 100 euros/ 100 pounds). One of our positive aspects of Plus500 is that unlike many other companies that transmit information about the trader to an aggressive sales team, Plus500 has no sales department at all. Interested traders should only complete the application process and deposit their funds. This makes Plus500 a great option for motivated traders who don't want to be harassed but who want to explore the world of financial trading on their own.

Offers to manage risks

Plus500 traders have several risk management tools that provide traders with the conditions for quiet trading. This includes "Total Value Position" and "Equity" allowing you to look at the account snapshot page, which is accessed from the main trading window.

Traders can also set closing with profit or closin[Лимит]g at a loss for certa[Стоп лосс]in instruments that guarantee limiting the risk of the trader. 

The trader can set price warnings that report when the market reaches a certain buying or selling price. This allows you to keep the position open until you decide on the action to take when the market moves.  

An additional tool offered by Plus500 is their trailing stop. This allows you to block prices when you open a trade, closing the position at the new level of the trailing stop, rather than at the level at which it was originally placed. This limits any risk of "falling" without having to manually control the position and adjust the price of the foot.

You can deposit money and withdraw your finances in Plus500 using credit cards, bank transfers, Paypal and Skrill.

The Plus500 broker provides official support to its customers through email, feedback form or online chat.

As you can see, our review of the Plus500 broker demonstrates that the company has great potential for development and prospects in Russia and CIS countries. Broker 

provides traders with good opportunities to trade in the forex market: a wide range of tools and an easy way to test the world of online trading. 

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