Who is plus 500

Retail investors around the world trust Plus PlusUK Ltd. Read our full plus UK review here. Plus is a great, simple-to-use platform, with an especially useful mobile app. Their platform is great for intermediate to experienced traders. The account opening process is fast and easy. One downside is the fact that they only offer CFDs.

Their research tools are average and fundamental data is not available. Their CFD fees are on the low side. Read more about it on Wikipedia. Choosing the right platform is important if you want to become an active trader. This review goes over the pros and cons, their fees, platform, security, regulation and more.

It will help you decide if it is a good fit for your needs. A great alternative to Plus is eToro , Pepperstone or Avatrade.

The main advantage of this broker is their easy-to-use platform and low costs. Plus AUS is known for their great proprietary trading platform and an easy to use mobile app. We recommend it for Australian traders, looking for a robust CFD trading platform with great product range, customer support and functionality.

Plus offers their proprietary trading platform called WebTrader. It is easy to use and offers a streamlined experience on all devices Windows PCs, tablets, smartphones, web browsers.

Plus does not offer the popular MetaTrader 4 MT4 platform that would have added functionality and customization options. Trading at Plus is simple. Opening and closing positions is done in just a few clicks. Select the amount you wish to open the position with and open the trade. CFDs are an agreement in which the trader benefits from the price movement of the underlying security without taking actual possession of the underlying asset.

They are complex instruments and come with a high risk of losing money. If the trader takes a long position, profits come from upward price movements. Short positions generate gains if the price of the underlying security goes down.

These are better for active traders, than long-term investments. There are certain additional costs associated with holding these contracts for a period longer than one day. It provides an extra layer of security through two-step logins. There are no built-in tools for analyzing your trading activity.

While their platform is great for most traders, it lacks in a few areas. You can't use functions like automated trading via expert advisors, back-testing, trading algorithms or the option to manage third-party funds with PAMM or MAM trading platforms. The negative side of the platform is that it is not customizable. It does not feature advanced charting tools and it has its limits with the screen layout. It is great for beginner to intermediate traders, but lacks for experienced ones.

The search function works and it allows traders to find the security they wish to trade. Plus gives traders the possibility of receiving e-mail, SMS, and push notifications. These trigger if the price of a certain asset moves. Plus mobile app features most if not all of the tools and options available within the web-based version. This includes its charting tools, search module, and reports. It sends push notifications to smartwatches if you have one.

Biometric authentication is available for extra security. Placing orders through the app is easy. Traders buy and sell securities in a matter of seconds. You can also deposit and withdraw money directly from the app. Some users might be concerned, because there is no enhanced security measures, as the app provides a direct access to funded accounts.

Opening a demo account is easy. It takes a few minutes to register and complete the registration. Real money accounts need to be verified. It takes a few days, depending on the workload. They accept investors around the world. There are a few locations that are forbidden from registering. These include Cuba, Iran, and Syria, to name a few.

US and Canadian investors cannot open an account. These countries have banned the sale of CFDs to retail investors. Yes, a Plus account is available to South African Residents. All you have to do is to register an account, get verified and start. A ZAR base currency account is available and the minimum deposit is R Bank Fund Transfers may take several days to be cleared. We tested the debit card transfer withdrawal and it took more than 3 business days. Which e-wallet options are available for withdrawal depends on your region — e.

Compare to other brokers. Plus has its own-developed web platform. The web platform is available in quite a lot of languages.

The Plus web platform has a clean, well-designed look and is easy to use. You can choose a dark mode as well. Plus provides a safer, two-step login. Google and Facebook authentication are also available, which is quite convenient. The search function is great , you will have no trouble finding anything. You can find the products categorized on the left or you can search by typing in the product name.

If you use it, the spread will be wider. This is the extra cost of using this order type. To get a better understanding of these terms, read this overview of order types. These orders can be canceled at any time before they are executed, i. However, there are no other order time limits provided. We liked the platform's alert and notification functions.

This is great, as investor accounts can easily lose money if they are not notified of sudden price changes. You can set up email, SMS and push notifications. The alert lets you know if the price of an asset reaches a certain level or changes by a set percentage. Additionally, you can sign up to be alerted if the Plus Traders' Sentiment the percentage of Buyers and Sellers among Plus customers reaches a certain level. Plus provides transparent portfolio and fee reports.

It is clearly indicated how much you paid in overnight fees. The composition of your current portfolio is also made clear, which you can check in the bar at the top of the platform. As part of Plus's September update, clients have the opportunity to use 9 charts simultaneously on WebTrader. To enable Multiple Charts on Webtrader, look for a button with four quadrants on the chart's toolbar. The Plus mobile platform is very similar to the web platform.

It has the same functionalities and is also user-friendly: same order types, same options for notifications, which is, of course, a great addition for investor accounts to not to lose money when trading with CFDs, as they may be notified of sudden price changes earlier than expected.

You can download the mobile app for iOS, Android, and Windows. You can also use your smartwatch, but we stuck to a conventional smartphone and tested the mobile iOS app. It was great. Plus provides a safe two-step login and you can also use biometric authentication, which is a convenient feature. Plus is a CFD broker. Plus offers a good selection of CFDs. However, Spreadex is a provider you should consider if you are looking for a wider stock CFD selection.

Disclaimer for cryptos: Availability subject to regulations. There are also thematic indexes you can trade, e. Cannabis index, so all assets are mainly in CFDs with this provider.

You cannot change leverage levels, which is a drawback. Changing the leverage is a very useful feature when you want to lower the risk of your trade.

The charting tool is of good quality. There are technical indicators and great editor tools. You can also save the charts. This is great for clients looking for a massive selection of technical indicators. We also liked that you can use multiple charts at the same time. To use this feature, click on 'Multiple charts view'. You will find a well-designed economic calendar and market analysis prepared by Plus's research team, but no news feed or newsletter. You can find short analyses about market events and companies.

We liked the economic calendar. You can filter for macro events or company-related events. You can use Plus's Traders' Sentiment tool , which shows the proportion of buyers and sellers at Plus for the given asset.

However, this is not a feature that can be used for ladder trading. But it can be a useful insight nonetheless. Compare research pros and cons. You can contact customer service via live chat, WhatsApp, and email. There is no phone support and Plus no longer serves clients via WhatsApp. Instead, there's an integrated 'Contact Us' page for inquiries. We tested the Plus live chat several times. It was always quick and reliable. For example, when we asked about fees they provided all relevant fees, including financing rates.

After the conversation, you can rate your customer agent instantly, which is a good way to provide feedback. The email customer support was also fine. They replied within one hour, which is extremely fast compared to other brokers. The answers we got were all relevant. You can find the educational tools on the Plus website, under 'Trading' if you click on 'Risk management' or 'Trader's Guide'. In addition, if you browse their FAQ, you will find a few more videos detailing, for example, the process of payment verification.

These can be of great use, as there's a high risk of losing money when trading CFDs with this - or any - provider. To practice, the best is to try out the demo platform, as with such you'd only lose money when trading from your virtual account. It is recommended to practice trade with the same amount of virtual currency as you would in real trading.

On the other hand, the educational materials are not well-structured. It was hard to find the different educational tools. We also missed the webinars. Plus is based in Israel and was founded in Plus operates several subsidiaries and which one will serve you depends on your residency.

The investor protection amount you get depends on the country of the subsidiary you are signing up with. Plus provides negative balance protection for CFD trading. Negative balance protection means that if the balance on your account should go into negative territory, you will be protected.

Plus was established in The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises. Plus is listed on the Main Market of the London Stock Exchange , which is a big plus for safety as Plus releases financial statements regularly and transparently. Other aspects, such as ownership and regulatory compliance are also all transparent. A financially strong parent company is a plus since it can provide the online broker with additional capital if needed.

As of September , the biggest owners of the company were mostly large investment banks and asset management companies, including JPMorgan. The biggest owner, Odey Asset Management, had an 8. Alon Gonen, one of the founders, was also among the top shareholders, both directly and through Sparta24 Ltd. Being listed on a stock exchange, providing financial statements and being regulated by a top-tier authority like the FCA are all great signs for Plus's safety. Find your safe broker.

Plus is a good CFD broker. It is recommended for traders who are aware of the risks of CFD trading. If you are not from the UK, you will most likely be served by alternative regulators, like Plus Cyprus. In this case, for example, the Cypriot investor protection would apply to you. Attention Daytraders! At Plus, scalping is defined as "a trading strategy based on the notion that client transactions are opened and closed within 2 minutes limit in order to accumulate quick profits from small price changes.

Therefore, if you plan to execute many trades within 2 minutes, Plus is not your broker. The Plus platform is easy to use , providing a great user experience even for first-timer. Puede hacer clic en aceptar o continuar navegando para aceptar el uso de cookies. Choose Topic. About Plus Ltd Plus has developed and operates an online trading platform for retail customers to trade CFDs internationally on over more than 2, different underlying global financial instruments comprising equities, indices, commodities, options, ETFs, crypto currencies and foreign exchange.