Plus500 is an online broker, web-based online trading platform that provides the opportunity to speculate on CFDs on cryptocurrencies, Forex currency pairs and shares.

One of the key advantages of this broker is the ease of use of the platform. Plus500 provides an intuitive interface that allows traders to easily respond to the latest market developments. Thanks to this, users can quickly adapt to changes and make decisions at low costs.

The broker also stands out for its wide range of available assets, including cryptocurrencies, forex pairs and stocks. This provides traders with many opportunities to diversify their portfolio and select assets that suit their strategy and goals.

In addition, the Plus500 platform is characterized by low prices, which is another advantage for traders. This allows them to reduce their trading costs and increase their profit potential.

General information

Plus500 provides a variety of trading platforms, including WebTrader, a browser-based application with no download required, and a native program available for both desktop and mobile devices. These platforms provide the ability to trade the market from anywhere in the world.

For those new to trading, a Demo account is offered, which is an excellent opportunity to familiarize yourself with the platform and improve your skills without financial risks. There are main and training accounts to choose from.

Although the Plus500 platforms are rated as beginner-friendly, there is a lack of market analysis tools that may not satisfy experienced traders. However, all applications function stably, without glitches, and support 32 languages.

The platform provides more than 2 thousand trading instruments, including forex, CFDs, futures, commodities, stocks, cryptocurrencies and ETFs. Having an economic calendar on the website helps traders stay up to date, but unfortunately this tool is not integrated into trading platforms.

Depositing your account occurs without commission, and there are no restrictions on withdrawal frequency or amount. The company provides a wide range of trading tools, making its services impressive for traders. However, it's worth noting that some reviews note a lack of extensive analytics tools, which may limit the capabilities of more experienced users.

Trading conditions

Minimum deposit	100 euro
Currency pairs	60
CDF	yes, in more than 2,000 markets
CDF on cryptocurrencies	yes
Account replenishment, withdrawal of funds	bank transfer (VISA, MasterCard), and Maestro, PayPal, Skrill
Minimum position size	0,5 minilot
Minimum spread	2 points
Leverage	1:30

One of the significant advantages of Plus500 is the provision of a guaranteed stop loss, which is rare among other brokers. This feature provides traders with an additional layer of protection by allowing them to set precise loss limit levels on their trades.

An important aspect that should be highlighted is the provision of trading leverage of 1 to 30 according to European standards. However, for those aiming for a higher leverage (1:300), it is necessary to register as a professional broker. This provides experienced traders with additional opportunities to effectively manage their capital and risks.

We also note that Plus500 does not charge commissions for CFD trading, which makes this broker more attractive to traders looking for savings on their trading operations. The absence of commissions helps reduce trading costs and increases potential profits for clients.

Overall, these factors make Plus500 competitive in the online trading space, providing clients with extensive functionality and flexible trading conditions, combined with a high level of protection and the possibility of increased leverage for experienced traders.

Leverage

Plus500 provides a unique leverage feature that allows traders to manage larger positions with the same financial resources. The leverage provided by the platform allows you to take positions beyond your available funds and thus increases both potential profits and potential losses.

The use of leverage is especially useful for those seeking to maximize their capital and expand their trading capabilities. The idea is that a trader can rent funds from a broker to increase the size of his position. However, it is worth remembering that when using leverage, the risks also increase, and losses can be significant.

Each security on the Plus500 platform is accompanied by information about the maximum leverage available for that asset. This provides traders with transparency and allows them to make informed decisions regarding the level of risk.

The benefit of having leverage at Plus500 is that investors can choose smaller amounts to invest, which helps manage their risk. It is important that traders are aware of the functional aspects and risks associated with the use of leverage before implementing this tool into their trading strategies.

Mobile app

One of the notable advantages of Plus500 is its user-friendly mobile application, giving traders the opportunity to trade anytime, anywhere. Although the mobile app is not as feature-rich as the WebTrader web platform, it still has a number of convenient features.

Users of the mobile application can carry out trading operations and perform less extensive analysis, which, nevertheless, may be quite sufficient to quickly react to market changes. Particularly useful is the ability to receive notifications warning you when securities reach certain values. This allows traders to stay updated on important market developments even while on the move.

The Plus500 mobile app also makes it easy to adjust orders in a rapidly changing market. This is especially important when immediate response to changes in market conditions is required. Thus, the mobile application becomes a strength of the Plus500 platform, providing convenience and flexibility for traders who value the ability to trade anytime, anywhere.

Software and Features

At Plus500, the main trading tool is the WebTrader online platform. One of the outstanding advantages of this platform is its universal accessibility. The ability to log into the platform at any time and from anywhere in the world makes it convenient for traders who want to instantly open and close their positions.

The creators of the platform pay significant attention to a friendly user interface. The visual clarity and ease of interaction with the platform make it attractive to a wide range of traders. The search feature further simplifies the process of finding specific contracts for difference (CFDs) that a trader plans to work with.

This is especially important for new customers, who can quickly find the tools they need without spending a lot of time searching for relevant features. Thus, Plus500 strives to provide its clients with not only powerful trading tools, but also a user-friendly and intuitive interface, while ensuring an efficient and enjoyable platform experience.

Securities trading

In this review, we will look at the different types of securities available for trading on the Plus500 platform.

Forex

Plus500 provides the opportunity to trade contracts for difference (CFDs) on the Forex market. This allows traders to speculate on changes in the prices of currency pairs such as the euro versus the dollar. Forex trading opportunities are discussed in detail in the corresponding article.

Stock

The platform also provides a wide range of stock CFDs, conveniently grouped by country to quickly find the instruments you are interested in. The topic of stock trading is discussed in detail in a special article explaining the principles of stock trading on Plus500.

Goods

CFDs are also available for trading in commodities, including the popular instrument oil. Leverage for investments in raw materials can reach 1:10.

Options

On the Plus500 platform you can trade options CFDs. This type of asset is characterized by high volatility, and using leverage of up to 1:5 can increase both potential profits and losses.

Indexes or ETFs

Traders also have the option of trading CFDs on well-known indices or exchange-traded funds (ETFs), such as Dow Jones or NASDAQ trackers.

Cryptocurrencies

Plus500 offers CFD trading on cryptocurrencies, including popular assets such as Bitcoin and Ripple. The volatility of cryptocurrencies makes them attractive for active speculation.

Opening an account on the Plus500 platform

The process of opening an account with Plus500 is extremely simple and instant. To get started, visit the official Plus500 website. After that, to create a free demo account, just enter your email address and create a password. Additionally, you have the option to log in using your Facebook or Google account, making the process even more convenient.

After providing this basic information, you are immediately ready to start trading on the platform. Plus500 welcomes customers from most countries, providing wide user coverage. However, it should be noted that there are countries whose citizens are not allowed to use the Plus500 platform. For example, traders from some countries, including America, Brazil, Belgium and Syria, are not able to register on this platform.

Thanks to minimal formalities, opening an account with Plus500 takes just a few minutes, making the process as efficient and convenient as possible.

Commission

When you enter into trading on the Plus500 platform, it is understandable that you are keen to avoid significant losses due to high transaction costs.

Spread

With every transaction on Plus500 you have to pay a spread - the difference between the purchase and sale prices of CFDs. The platform offers both fixed and variable spreads. Fixed spreads represent constant transaction costs, while variable spreads can change depending on market conditions.

Forex expenses

When trading currency pairs on Plus500, you are faced with a commission in the form of spreads. For example, the EUR/USD pair has a commission of 0.6 pips at the time of writing this review. Comparing these costs with other brokers, it can be argued that they are competitive.

Cryptocurrency expenses

Trading cryptocurrencies such as Bitcoin on Plus500 comes with a relatively favorable spread. For example, the Bitcoin spread is $36 at the time of writing, which is competitive compared to similar offers from other brokers.

Share expenses

Trading Tesla CFDs on Plus500 involves a spread of $0.95, which is 0.12% of the total value. Such costs make it possible to trade at a relatively low price.

Financial expenses

Plus500 provides the ability to trade on margin, but it is worth considering the funding costs of holding a position open overnight. Compared to other brokers, these costs are relatively low.

Other expenses

There are no hidden costs found, but regular login to the platform at least once every three months is required to avoid inactivity fees.

Conclusion on Plus500 expenses

Trading costs with Plus500 are reasonable and proportional to the size of your trades, making it possible to trade even small amounts. The Plus500 costs article takes a closer look at the various cost aspects of trading with this broker.

Safety

Before depositing funds into a company, security and reliability are key issues for any trader.

Plus500 is subject to strict controls by a number of regulatory authorities:

1. Plus500UK Ltd - Authorized and Regulated by the FCA (No. 509909).

2. Plus500CY Ltd - authorized and regulated by CySEC (No. 250/14).

3. Plus500SG Pte Ltd - holds a MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018) license.

4. Plus500AU Pty Ltd (ACN 153301681) - holds ASIC licenses in Australia (AFSL No. 417927), FMA in New Zealand (FSP No. 486026) and is an authorized financial services provider in South Africa (FSP No. 47546).

Client funds are held in separate bank accounts in accordance with Cyprus Securities and Exchange Commission (CySEC) regulations, providing additional protection in the event of Plus500's bankruptcy.

Additional rules and safety measures:

- Investor Protection Fund: Depending on the nationality of the client, there is additional protection through the Investor Protection Fund, which ensures the safety of funds in the event of bankruptcy.

- Segregated Client Bank Account: All client funds are held in a separate client bank account and Plus500 never uses client funds for its own speculation.

- Negative Balance Protection: Traders on Plus500 cannot be left with a negative balance, preventing them from losing more than their available balance.

Conclusion

Plus500 is one of the best CFD brokers. With Plus500 you can actively trade CFDs on all known stocks and cryptocurrencies using user-friendly software. On Plus500 you can trade at low rates. You also have the ability to respond to changing market conditions by placing orders for both rising and falling prices.