Plus500 Trusted Review
- A popular CFD Broker in Europe, UK and Australia
- 2100+ popular CFD instruments
- Mobile, web or tablet trading
- Paypal Deposits & Withdrawls
- State of the Art Reliable Company
The world of online CFD trading is now at your fingertips!
Plus500 offers a wide range of CFDs on financial products including Oil, Gold, EUR/USD, Bitcoin, Ethereum, and thousands of other Shares, Commodities, Forex, Indices, ETFs, Options, and Cryptocurrencies.
Get Started Today!!!
10 Plus500 Questions and Answers
1.) Why Plus500 is such a famous CFD Trading Broker?
Because:
- Plus500 offers a great variety of CFD instruments. More than 2000 instruments are available for trading in Plus500 website. Check Plus500 competitors. Example = IQ Option has 170+ CFD Shares to trade and only 4 commodities. The difference in trading instruments is huge.
- Plus500 is a trusted and reliable CFD Broker. Regulated in many jurisdictions by many regulating bodies (CySec, FCA, ASIC, etc) is regarded to be a great option for CFD Trading
- According to SimilarWeb only at plus500.com, they have more than 3 million monthly visitors! But for every separate language, they have a domain, so the total number of visitors is much more than this number.
- Plus500 is listed on the London Stock Exchange with the ticker “PLUS” and is a constituent of the FTSE 250 Index.
- In Plus500 platform there are many available Technical Analysis Tools (charts, indicators, Orders), that bring trading enthusiasm to another level.
2.) How does Plus500 work? Do they sell shares?
Plus500 is offering CFD Trading. A CFD is a Contract for difference. In Plus500, traders do not buy the underlying asset. Simply put, traders speculate the price of a financial instrument.
CFD’s are leveraged trading products and by their nature are riskier than other long-term financial assets.
Check the video below to understand what is CFD Trading and read our article: CFD Trading Advantages.
3.) How to Trade in Plus500
You can trade in Plus500 either in a DEMO Account (where you do not trade with real money), or in a real account.
Why use DEMO account:
- You may need to get experience in CFD Trading
- You may need to get familiar with their trading platform and learn how to use their Tools
In order to trade CFD’s with real money you have to:
- Sign up to plus500 platform. (77% of retail CFD accounts lose money)
- Verify your account (KYC procedures)
- Deposit your Plus500 with real funds. Minimum Deposit
- Use Plus500 webtrader, or Plus500 mobile App
Check the following video explaining how to trade to Plus500:
4.) Is Plus500 suitable for long term investement?
No Plus500 is not suitable for long term investement.
The nature of CFD Trading is short term, mostly because of leverage. The higher the leverage level, higher the risk.
CFD Trading is not counted as investment, is counted as speculation. CFD Trading is suitable for daytrading and intraday trading.
If you plan to trade stocks using leverage via CFD then Plus500 is suitable for you!
If you want to Buy Real Stocks Online (no leverage) Plus500 is not suitable for you. Try EToro
5.) Does Plus500 offers the MT4 & MT5 Platform?
No Plus500 does not offer MetaTrader 4 and MetaTrader 5. Although MT4 & MT5 platform are very popular among forex traders, Plus500 offers only its custom made platform.
Mobile and Tablet is available and of course a variety of technical analysis charts and indicators.
If you are looking MetaTrader 5, Plus500 is not suitable for you, try out an MT5 Broker.
6.) Can I buy Cryptocurrencies in Plus 500?
Plus500 is not a crypto wallet, or a crypto-exchange such as Binance or Bitfinex.
In Plus500 you can trade CFD cryptocurrencies with leverage.
If you want to buy and sell real cryptocurrencies, then use a crypto-exchange such as Binance, Bitfinex or use Etoro.
7.) Is Plus500 available in USA and Canada?
8.) Is it possible to lose money in Plus500?
According to the risk disclaimer found on their website:
Using simple maths, since 77% lose money, there will be a 23% of traders that win money, or just being neutral (no wins, no losses).
9.) Does Plus500 has Affiliate Program?
Yes, Plus500 has a very lucrative affiliate program.
They offer two options, a Country Specific CPA Affiliate Program an a Hybrid Affiliate Program (CPA + Revenue Share)