What is Plus500?
To start with, the platform we will investigate today is a CFD Service. These services are available in the New Zealand, Cyprus, Australia, South Africa. The services are not available for the US clients.
Quick Facts About Plus500
Plus500 Minimum Deposit
Plus500 Markets Margin
from 0.25 %
- Well-developed platform which is available in different versions, there are four of them
- Customer support service works for you all around the clock
- Simple in usage
- Automatic alerts are enabled
- The platform is available for the non-US traders only
- Issues with possessing of underlying assets
- There is no customer support by phone
- Possible loss of your capital
One of the most important details which should be mentioned at the beginning of this guide is that the customers of Plus500 do not own underlying assets as well as they do not have any rights to them. In order to learn all the details regarding this, you should visit the official websites and look through the disclosure documents carefully.
The given broker has the positive sides as well and we are ready to enumerate them right below.
Plus500.com is indeed the super trustworthy, reputable company which offers you to choose among two account types only. The demo account version is available. It is unlimited in time and this is great, moreover, this account can be created free of charge. Another type is the live account and there is 500 AUD minimum required. Please keep in mind that trading foreign exchange on margin is quite risky and this may not be suitable for all the investors.
You can always find your account easily via Visa, MasterCard, and MoneyBookers. You can also use a wire transfer. In order to complete your deposit you should click on “Funds Management” then it is necessary to move to Deposits” and all left here is to follow the instructions represented to you. The platform is extremely simple in use, nevertheless, if you have some inquiries you can always drop a line to the customer support service which is ready to help you 24/7.
Plus500 official site – https://www.plus500.com/