Traders can access Plus500 on both the web and mobile platforms. The trading platform is intuitive and user-friendly, providing traders with quick platform access. Plus500 offers a wide selection of instruments to trade, and pricing is competitive. However, swap fees may be significant for traders who trade large positions over extended periods of time.
Plus500 Trading Review is a market maker broker, which means that it sets the bid (sell) and ask (buy) prices for its clients. This differs from an STP or ECN broker, which connects its clients directly to other market participants.
The broker is licensed by various financial authorities and has a high TrustPilot rating. The website is easy to navigate, and there are numerous educational resources for beginners. Plus500 also has a mobile app and two-factor authentication, which provide an extra layer of security for funded accounts.
Spreadex Financial Review: Analyzing the Investment Options
Trading with Plus500 is straightforward, as the website makes clear what is required to open a live account. A demo account is also available, which is a good way to test out the platform and see whether it suits your needs.
Plus500 provides a rich selection of currency pairs to trade, as well as popular cryptocurrencies. The broker also offers a wide range of commodities, including precious metals, energy resources, and agricultural products. Traders can use the platform to diversify their portfolio and align their investments with global supply and demand dynamics. Traders can also trade 22 different indices, ranging from the DAX 40 to the S&P 500, and a variety of industry and country specific indexes.