- Plus500 is a leading provider of Contracts for Difference (CFD’s), delivering trading facilities on shares, forex, commodities, ETFs, options and indices, alongside innovative trading technology. "Your capital is at risk"
|Support Types||Email Support, Live Chat Support|
|Minimum 1st Deposit||$100|
|Bonus||$30 Welcome Bonus + First Deposit Bonus! T&Cs apply|
|Free Demo Account||Open Demo|
|US Traders Allowed|
Check Out Our Latest Plus500 Bonus 2017!
If you are on the lookout for a new forex broker, you are in luck! Our Plus500 Bonus review has done the hard work of analyzing a broker you may be interested in.
Plus500 and Company Overview
Plus500 UK LTD is an online brokerage based in the UK that has been in business since 2008 and allows you to trade a variety of securities, including CFDs, ETFs and commodities. Plus500 UK Ltd is authorized and regulated by the Financial Conduct Authority (FRN 509909) in Europe to ensure that the broker is adhering to the best practices of the industry.
Plus500 CY LTD is authorized and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14).
Plus500 Customer Support Information
You can avail of customer support through live chat that is active during trading hours, as well as through their e-mail. You can also send a message through the Contact Us form.
Plus500 Trading Account Information
Unlike other online brokers, Plus500 keeps things simple by having only one type of live account, which requires you to make an initial deposit of only $100 to open.
However, you can also open a demo account that lets you make paper trades so you can practice your trading without having to risk real money.
Plus500 Trading Features
The site ensures that your trading costs are more manageable by offering tight spreads that start as low as 0.01% of the price of a currency pair. Other instruments have spreads that start as low as 2 pips.
You are allowed to avail of leverage up to 1:294 for forex and as much as 1:294 for indices, and are required to maintain a minimum margin in your account.
Plus500 Trading Software
Plus500 uses a proprietary trading platform that is designed to be user-friendly with an intuitive interface and an easy-to-read display. You can trade multiple instruments from one screen, with tabs allowing you to view your current and past positions. The main screen displays buy/sell prices for the various instruments available as well as letting you set stop loss, take profit and other orders to protect you against losing trades and preserve your profits.
In addition, you are provided with a live news feed and price alerts that tell you about trading opportunities. The platform also has tools that allow you to conduct technical analysis so that you can make more informed trading decisions.
It should be noted, however, that the platform does not provide direct market access, meaning that there may be a lag in the execution of your orders.
Plus500 Bonus System
When you open an account, you are provided with a welcome bonus of $20 as well as a First Deposit Bonus based on the amount of your initial deposit, up to 7000 $ , minimum deposit is 50000 $ ,T&Cs apply. However, the bonuses are subject to terms and conditions such as making a minimum number of trades before you can withdraw the profits from the bonuses. There may be other bonuses and promotions that are offered to clients on a periodic basis.
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