Plus500 – Gold-Investment

The broker Plus500 is a registered trademark belonging to the company Plus500 Ltd., founded in 2008. Plus500 UK Ltd is based in the British capital London, and is regulated by the competent financial authority, namely by the Financial Conduct Authority (FCA / FRN 509909). Plus500AU Pty Ltd, AFSL #417727 issued by the Australian Securities and Investments Commission is authorized to issue these products to Australian residents. You do not own or have any rights to the underlying assets. Please consider the Disclosure documents of Plus500 available on their website.

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  • Selection of different base values
  • Well suited for gold investment
  • Regulated by CySec & FCA
  • leverage 1:30
  • Unlimited demo account

‘Your capital is at risk’

General information about Plus500

SafetyThe broker Plus500 is a registered trademark belonging to the company Plus500 Ltd., founded in 2008. Plus500 UK Ltd is based in the British capital London, and is regulated by the competent financial authority, namely by the Financial Conduct Authority (FCA / FRN 509909). Plus500AU Pty Ltd, ACN 153 301 681, AFSL #417727, issued by the Australian Securities and Investments Commission is authorized to issue these products to Australian residents. Derivatives issuer licence in New Zealand, FSP #486026 authorises us to issue these products to New Zealand residents. Plus500AU Pty Ltd, is also an authorized Financial Services Provider in South Africa, FSP 47546. You do not own or have any rights to the underlying assets. Please consider the Disclosure documents of Plus500 available on their website. Since 2013 Plus500 Ltd has been listed on the AIM market of the Londoner Stock Exchange. The broker facilitates commission-free trade in many underlying instruments for its customers. Like most other brokers, Plus500 also uses the popular trade model Market Maker. Thanks to strict regulation and to the available deposit protection, customers can rest assured that their money is safe. Plus500 isn’t one of the oldest brokers out there, but it’s one of the most popular. One of the broker’s most famous partners is the Spanish football club Atletico Madrid. Thanks to its professional and clearly structured trade platform, this provider is suitable for starters as well as for experienced traders. CFD’s are leveraged products and therefore only appropriate for experienced traders.

 

Trade offers, possibilities and functions of Plus500

Traders who decide to use the CFD broker Plus500 are offered a huge selection of different underlying instruments. Plus500’s offer includes over 50 different currency pairs, among whichBaseline not only majors but also exotic currencies. Plus500 is purely a CFD broker, which makes it unique. Traders can choose from 17 commodities , over 80 ETFs (Fonds), more than 20 indices (Indizes) and 1,833 stocks. This makes its trade offer quite versatile and suitable not only for forex traders. Generally, Plus500 customers can trade 3 different currencies – euro, US dollar and British pound. Plus500 gives its customers a huge selection of trade types. Traders can use Market orders, Stop Loss, Profit Limit, Trailing Stop and Entry Limit to name a few. This way, customers can adjust trade to their own individual needs, which can diminish the risk of loss significantly. Only for trading in CFDs and shares Plus500 charges low fees, which is customary in the field. What can lead to further costs is overnight trading. The maximum leverage for trade is of 1:30, and therefore somewhat lower than with other brokers. The minimum transaction size is of 5 micro lot, and the margin starts at 0.34%. Plus500 offers its customers a broad selection of underlying instruments especially for currency pairs and shares. Moreover, customers have every important trade function at their disposal. Leverage can go higher, of course, for traders with a hang for risk.

 

The platform of Plus500

MobilePlus500 uses a professional and clearly structured trading program as trading platform. Customers can install the platform via software on their computer, or they can use the web-based version. Customers can easily use the web trader from their browser. Both versions offer the same functions and efficiency. Plus500 has developed its own trade platform, and therefore it’s regularly updated and improved. The software is available in all prevalent languages, and of course also in English. Using this trading platform, customers have access to all trade types and options. From the menu page they can browse for all details and important aspects of each trade instrument, such as the fee for purchase and sales, lowest trading volume, the initial margin, trade time and leverage. The necessary securities are shown for purchases as well as for sales. Moreover, traders can decide at which level of profit or loss to close their positions. Especially useful: Traders can switch anytime between real-money mode and demo mode. In the demo mode customers can try out the platform and the trading offer of Plus500 without financial risk and without time limits, which makes the demo account particularly advantageous for beginners. Besides the software and browser version, Plus500 offers its customers mobile trade apps. The free app can be installed on Android as well as on iOS devices (smartphones and tablet PCs). Traders can use this app to access all functions of the trading platform even when they’re on the move, functions that are in no way different from the classic trading platform.

 

Account types and opening an account

New customers can open a trade account with Plus500 in only a few minutes and without incurring costs. Traders can choose between a classical real-money account and the demo5_Singup mode. If you decide to use the latter, you can easily test the offer of Plus500 without any limitations. In order to participate in trading with real money you will need to make a minimum deposit of 100 euros. After customers have signed up with their personal data, they will verify their phone number. If the verification is successful, new customers receive a welcome present of 25 euros from Plus500. For payments to the trade account customers can use all popular payment methods such as credit cards, instant transfer, Giropay, Skrill. For outgoing payments traders can use credit cards, bank transfer or Skrill. Plus500 processes incoming as well as outgoing payments quickly, and usually transactions are effected in only a few workdays. If customers use Skrill, for example, the money is transferred to their trade account instantly. Apart from the particularly generous welcome bonus, which is granted irrespective of a deposit, traders using Plus500 also receive further bonuses (the trader’s terms and conditions apply). Upon their first deposit traders receive a bonus of maximum 30 % if they apply the T&Cs for bonuses. So if the deposit amounts to 100 euros, traders get a total of 130 euros paid to their account. Traders can be awarded a maximum possible bonus of 7.000 euros for a first deposit of over 50.000 euros. If traders wish to use the welcome bonus or other bonuses to make payments, they first have to acquire a certain number of trader points (T-points).

 

Customer support and training possibilities

SupportOne drawback of Plus500 is that customer support can only be contacted via e-mail. But the excellent support team makes up for that with very quick processing. Most inquiries are responded to within only half an hour. Correspondence can take place either in English or in German. Unlike other brokers, Plus500 doesn’t offer support via phone, but this isn’t exactly a drawback considering the fast processing of inquiries via e-mail or live chat. Also unlike other brokers, Plus500 doesn’t offer complex training programs. There’s also no real platform for the traders to get their information from. The only possibility for inexperienced traders is the demo account. With this demo account traders can test all functions and possibilities offered by Plus500, and they can explore the trade platform.

 

Conclusions

T7_Resumeehere are strong reasons why Plus500 is one of the most popular brokers out there. These reasons include the strict regulations that this broker is subject to, the headquarters in London (Plus500 UK Ltd), and the absolutely reliable deposit protection. This British broker offers traders a broad selection of different underlying instruments, and it’s as suitable for inexperienced traders as it is for professionals. The trade platform wins over by being easy to use and clearly structured, and it runs smoothly. Thanks to convenient apps customers can trade while on the move as well. Traders have access to every important function, and they pay only the customary market fees. Customers receive generous bonuses for their deposits, and they benefit from a great number of payment methods. Both incoming and outgoing payments are processed quickly. Advantages of Plus500 include among other things the low minimum deposit, the completely free demo account that has no restrictions of time, and the generous welcome present for every new customer. Some of the few disadvantages are the somewhat limited support and the lack of training possibilities, but these shortcomings taint only slightly the overall positive image that we got about Plus500 during our test. This CFD broker is definitely worth recommending, but CFD’s are only suitable for experienced traders.

‘Your capital is at risk’