Plus500
About Plus500 Brokerage
Plus500 is a reputable brokerage firm with licenses in the United Kingdom, Australia, Israel, and Cyprus.
Regulated by the esteemed British FCA and Cypriot CySEC, Plus500 adheres to the strictest regulatory standards globally.
Trading Options on Plus500
- Equities,
- Indices,
- Foreign Exchange (Forex),
- Exchange-Traded Funds (ETFs),
- Commodities,
- Cryptocurrencies,
- Options.
Clients can enjoy a maximum leverage of 1:300, with no separate commissions as they are already included in the transparent spreads.
Deposits and Withdrawals at Plus500
Plus500 facilitates account funding through credit cards, bank transfers, Paypal, and Skrill.
Withdrawal requests necessitate the submission of identification, documentation verifying the legal source of funds, and other necessary paperwork.
Plus500 Trading Platform Features
Teaming up with prominent international financial institutions, Plus500 grants access to stock exchanges across the United States, Europe, and Asia.
Their proprietary trading platform, distinguished by its patented technology, continually evolves to offer a straightforward and user-friendly interface.
Key Advantages of Plus500
Client funds are securely held in segregated accounts to ensure protection and peace of mind.
Plus500’s customer support is available round-the-clock in multiple languages, including Russian.
Identified Drawbacks
While Plus500 boasts numerous strengths, there are some considerations to note:
1. Limited to one type of trading account.
2. Inactivity fee of $10 enforced after three months of minimal account activity.
3. Some users may encounter bureaucratic hurdles during fund withdrawals.
4. Withdrawal requests may experience extended processing times.
This review has been prepared by the specialists at ExpertsReview.