Plus500 is an excellent online broker for active investors and customers seeking access to a wide variety of lower exchanging capital markets and an interactive platform on which customers can position their trade.

The global contract for difference broker plus500 represents itself as the world-wide trading module – reliable, convenient, creative. It offers generous conditions to its clients, a modern trading platform, and several tradable features. Extensive security standards, including independent management of customer assets and encrypted information transmission, are designed to provide customers with efficient financial protection. Moreover, many features, like assured stop loss, would be useful for risk management. The Plus500 organization has implemented itself as the target of being the world’s top trading company for CFD.

Plus500

Plus500 is a leading supplier for Contracts for Difference trading. These creative financial vehicles allow retail investors to take both long or short positions on several financial products.

Previous Technion–Israel Institute of Technology students started the business. The foundation team’s history is technology, and the broker’s software platform is the greatest glory of this team. In conjunction with being proud of its trading site, Plus500 is delighted to highlight its excellent scores at Google Play and the Apple App Store, which they announce as an indication of their success. It has various appealing features that function against it in terms of improving its competitive position.

Reasons why Plus500 Is Suitable for Beginners

For beginner traders, the most significant issue is to pick a suitable broker before starting investing, where they can trade securely and make money. Here are some of the reasons why plus500 is ideal for beginners.

Demo Trading Account

Anyone who has agreed to enroll with Plus500 is in no way contingent on opening a live account directly. On the other hand, there is a possibility to use the facilities of a demo trading account. The business has made accessible a trial account for investors who would like to test the platform first before they invest any capital into it. In most scenarios, playing with a demo account is a smart choice, especially for beginners who have not been introduced to a market situation in history. It is eligible for an indefinite period. There, trading can be implemented without risk and performed based on a virtual currency. Newcomers thus get the opportunity to get the first valuable clues into the new terrain before they use their capital. But even seasoned traders are gaining time and again from the potential they have generated.

Unique Features

Plus500’s most exclusive feature is its trading platform and an incredible collection of tradable assets. It currently offers more than 2000 investment products. These include, but are not restricted to, shares, foreign currency pairs, ETFs, cryptocurrencies, and indices. When you study the plus500 cryptocurrency review from different sites, you can find that the broker provides access to more virtual currencies than any other competitors. Contracts for difference trading is an arrangement in which the investor profits from market fluctuations of the underlying security without necessarily taking ownership of the underlying categories of securities. If the investor takes a long position, gains can come from upward changes in stock prices. Short positions produce profits if the stock prices of the underlying security decline. Plus500 is also the first broker to launch the Bitcoin CFD in 2013 and announces that all transaction expenses are included in the distribution of each product. Besides, the broker provides access to trading in a variety of markets. They are somewhat similar to simple calls and positions exchanged on markets but not structured, which ensures that the premium choice can be adjusted to your risk profile and strategic objectives.

Strong Regulation and Security

Plus500 is one of the most strictly regulated brokers, which is a huge benefit for investors willing to trade with a locally-based, reputable broker. The primary regulator of Plus500 is the Financial Conduct Authority (FCA) in the United Kingdom, which is one of the strictest and most reputable foreign exchange brokers on the planet. It manages its activities in the United Kingdom, and it covers investors under the Financial Services Reimbursement Scheme (FSCS). Plus500 is supervised by a variety of top-tier groups around the globe. It reduces the risk, as these regulatory bodies encourage accountability as well as a certain level of reliability in the operations of the organization. All consumer investments are held in separate bank accounts.

Low Trading Fees

Plus500 has low trading fees relative to some of its competitors. They do not apply a withdrawal fee for the first Five withdrawals per month, which is beneficial for investors with limited amounts of money. Plus500 does not charge commission or transaction fees. They generate revenue from the bid/ask spread of the assets they deliver and the currency pairs they give. The spread means that you will pay a particular quantity above the listed price for the purchaser or obtain a little less than the listed price. It is determined based on the average spread of trading costs per resource.

Education Offering

The main educational support that Plus500 has is a guideline to its trader. However, the promotional videos used by this organization are useful to both newcomers and seasoned traders since they provide comprehensive details on efficient trading strategies and also on how to effectively exchange with Plus500. The trader can also enhance his/her exchanging skills and experience by checking through the questions and answers provided in the FAQ section of the web.

Conclusion

Identifying the appropriate broker is very necessary for newcomers who would like to trade successfully. Plus500 is an amazing platform, and its smartphone app is one of the finest. Plus500 is a publicly-traded corporation and governed by Tier-1 authorities. It ensures it a safe broker to trade shares on their site. The user interface of its browser and mobile platforms is outstanding. Minimum deposits are very tiny. The Pro account offers a large degree of leverage for traders. Plus500 is perfect for investors searching for a robust desktop and mobile platform with reasonable pricing and a wide range of investment choices. So, for a beginner, this broker is one of the most effective and reliable brokers.