Plus500 Forex broker general information
Plus500 is a decade old Forex broker that is regulated by the Financial Services Authority (FSA). They feature a clear and lucid design of their website and trading platform. This helps traders to enjoy an agreeable trading experience. This Forex broker has several years of experience and its credentials are well established. At the same time, it is growing rapidly to become the leading Forex brokers on the market.
Before we start review we need to add this note :
Your capital may be at risk if you trade.
Plus500 is a CFD service
The most unique thing about Plus500 is that they offer a single trading platform. However that doesn’t mean that there is limitation of choices for traders. Once you get through the features of Plus500’s trading platform, you would realize why it is one of the top companies in the list of Forex brokers.
Plus500 developed its own trading platform that is available in three main variations:
• Web based
• Mobile trading interface
There is a level of consistency across the different versions of Plus500’s platform. Therefore, as a trader you can easily switch between different platforms without the need for regrouping.
The Plus500 trading platform offers all the required information on a single screen so that you wouldn’t have to scroll around to get the necessary information. It has 4 top tabs, which are clearly labeled, and it is possible to get details about current positions and past trades without the need for searching for it. In addition to serving experienced traders, Plus500’s trading platform is also extremely helpful for new traders who don’t have the knack to view multiple graphs and charts at one time.
Plus500 offers varied bonuses for new sign-ups. New traders can get $30 for a first deposit of $100, $150 for a deposit of $500, with a maximum bonus of $10,000 against a deposit of $50,000.
Plus500 has a huge social fan following on Facebook and Twitter. There are thousands of fans on its Facebook profile page.
Plus500 offers a wide range of payment options including all the leading deposit methods used in the industry. This include:
Visa Card / Master Card – You get instant access to begin trading immediately. The Plus500 cashier screen is fully integrated with Visa and Master Card purchases.
Moneybookers/Skrill – You can easily fund your account through Skrill.
Wire Transfer – Once the wire transfer is confirmed, it would take around 3 days before you can start trading.
PayPal – Plus500 also enables you to fund your account through PayPal.
Plus500 follows the policy of refunding to a trader’s original remittance source, in most cases. Before you make a request for withdrawal, it would be required to supply a valid photo ID.
When it comes to customer support, Plus500 serves its customers through email. While others in the Forex market take several hours to respond, Plus500 takes nothing more than half an hour. They can also be reached at a fax number. The customer support is available round the clock and 7 days a week.
Their contact details are as following:
Fax: +44 203 002 7290
I can suggest to visit Plus500 forum and find answer on any question.
Plus500 offers a convenient to use website and platform. This makes this Forex trader the right choice for both new traders and veterans. They offer all types of payment methods and their customer support staff can be reached any time and all days of the week.
What do you think – is Plus500 scam or excelent forex broker?