Want to Learn More About Plus500? Read our Latest Plus500 Review
Plus500 was founded in 2008. Leverage 1:30 Trade now
When it comes to choosing the perfect CFD broker, things can be rather confusing. Particularly if you happen to be new to the business. A great way to learn more about some of the names that keep popping up in your research is to read the latest reviews. Great news then, that you’ve found your way here. Because we’re about to share the most up to date information in our Plus500 review.
The background and history behind Plus500
Finding a CFD broker that is licensed and regulated is an important quality to look for. You won’t be disappointed with Plus500, as it has gone to a lot of trouble to provide a safe and secure environment for all its traders.
Plus500 was founded in 2008, and the trading platform allows clients to trade CFDs (contracts for difference) on a variety of assets, namely forex, stocks, indices and cryptocurrencies.
Plus500 is the name of a trading platform offered by Plus500CY. Based in Cyprus, Plus500CY is authorized and regulated by CySEC (Licence No. 250/14) to offer CFDs on a range of underlying products. In the UK, Plus500UK is authorized and regulated by the Financial Conduct Authority (FRN 509909).
The cutting edge WebTrader platform
Trading CFDs is a fast-paced form of investment and it’s important to have instant access to the global financial markets. Plus500’s WebTrader platform offers that and is perfect for more experienced traders.
WebTrader enables traders to securely manage their investments, via a user-friendly interface, with the needs of all types of trader in mind. Both live and demo accounts are given access to live streaming quotes, with leverage of 1:30.
No download is required and you have access to all the features and operations you’d expect from a great platform, including charting, opening and closing trades, placing direct orders, setting stop and entry limits, as well as editing and setting profit limits and stop losses.
There are also Plus500 mobile applications for those who prefer to trade on the move, whether using an iPhone, Android, or Windows mobile device.
Though Plus500 offers an easy-to-use platform, it’s important to remember that CFDs are complex financial products. As such, we recommend that only experienced traders open a live account with this broker. Beginners, however, can use the broker’s unlimited demo account.
With the demo account, you can view videos which take you through the ins and outs of the Plus500 mobile applications. You can also use the account to practice trading until you feel comfortable enough to risk your own cash.