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Plus500 Review
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Plus500 Review
Plus500 is a Contracts for Difference (CFD) trading broker providing users from around the world with a broad variety of asset classes to trade along with a user-friendly experience on mobile and desktop applications alike. Known for its zero-commission model, Plus500 traders have the tools available to rapidly capitalize on changing global market trends.To get more news about plus500 review, you can visit wikifx.com official website.
Investors from over 50 countries can trade confidently knowing that Plus500 is regulated and licensed in all jurisdictions it operates with service available in 32 different languages. Moreover, individual risk and safety can be optimized with a comprehensive series of order types and margin trading tools, plus segregated account measures to secure all trader funds.
Additionally, aside from the CFD Markets, Plus500 has an Invest Platform. This platform provides share dealing with more than 2,700 financial instruments, free market data, and dedicated, 24/7 customer support. Plus500 Invest is only available in certain countries. Also, there is a feature called TradeSniper, which is innovative and easy-to-use. This app is for Futures Trading. It has cutting-edge tech, professional support, and reliable clearing services, and users can trade on E-Mini and Micro Futures Contracts. TradeSniper is available for U.S. traders.Plus500’s platform is aimed at more experienced traders who are able to research and analyze markets on their own, so its steep learning curve may prove detrimental to beginner traders.
Who Is Plus500 Recommended For?
Plus500 incorporates a wide selection of trading utilities that might be intimidating and difficult for beginner traders to comprehend, especially because they should only use tools like leverage with the utmost caution. The platform is better suited for veteran market participants who are more accustomed to applying advanced order types and margin, and also those who are familiar with markets such as cryptocurrency and options.Beginners can still familiarize themselves with the application thanks to a demo account that does not expire, and they can also hide the more complex and advanced features.
All financial instruments represented and tradeable on Plus500 are CFDs. The platform hosts a large array of indices, currencies, commodities, shares, ETFs, options, and cryptocurrencies (availability subject to regulation) in a single accessible format. Plus500 also regularly adds new assets, catering to traders of all preferences and strategies. The number of assets available on Plus500’s platform is 2,800.Flexible Order Types:
Plus500 offers a variety of order types, including market, limit and stop orders along with risk-management measures like take profit, trailing stop, and stop loss functionality. Though slippage may occur, you can pay a fee to open a Guaranteed Stop to ensure more precise execution.Economic Calendar:
Plus500 offers an economic calendar which uses official Dow Jones data and lists upcoming market events and their results, easily filterable by the countries and reports most relevant to your trading tactics
Accessible Support Team:
Traders who need help using Plus500 or those with other questions and inquiries can get ahold of customer support in the language they prefer, and via email or live chat.+Insights:
This desktop and mobile features allows users to learn more about market trends based on the company’s internal data. This exploration-driven tool includes an “Instruments +Insights” tab, which lets users dive deeper into each instrument’s data.