Plus500 allows you to trade CFDs on the UK’s most popular markets including UK 100, Bitcoin (BTC) and GBP/USD.
There are thousands of people who already trade with Plus500 and enjoy the many features and benefits of the platform. If you are looking for a reliable, innovative and easy to use service then try Plus500 for yourself.
When using these sites, please be aware your capital is at risk.
Plus500 UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909)
What Is Plus 500?
One of the most well-renowned brokers around, Plus 500 offer an intuitive service that benefits both experienced traders and those that are new to the game. They were one of the first companies to offer a platform for trading CFD (Contracts for Differences) and Forex, that is both accessible to retail traders and simple to use.
They now work through several subsidiaries, bringing their brand to an ever-growing clientele. They have the edge on their competition, by building the cost of trading into the spread and making sure all trading instruments are leveraged.
The unique selling point likely to win you over is the negative balance protection scheme, which essentially means that you won’t ever lose more than your deposit. It’s quite rare for a broker to offer this kind of protection and is obviously highly beneficial to anyone that values their hard-earned cash.
This is why they appeal to those beginners who are tentatively dipping their toe in the world of trading – they can learn the ropes without losing what they started out with. They also have a strong draw on the experienced investor, who appreciate that they are one of the best in the business, along with the added appeal of that extra protection.
So you can see why they have remained a world-leader in their field, with a capitalisation value that has reached over a billion dollars.
What Can I Buy?
Plus 500 is a large and well-established company, with the power to provide individual traders with access to almost everything that can be traded. If you’re looking for stock market indexes, commodities or shares from most major exchanges, they’ll be available here along with many other instruments.
Cryptocurrency is a market that is growing rapidly and in high demand, therefore they have gathered eight of the top currencies together here. These include Bitcoin, Bitcoin Cash, Ripple, NEO, Ethereum and Monero.
Some may prefer the specialist approach, but if you want a good choice then you’d do well to choose this site as your go-to for trading. Plus, having more options means more ways to try and make money, right? They don’t allow corporate or company accounts – only individuals, but their platform is popular with retail traders.
You can sign up to get notifications via text or email, which alert you to instruments reaching a specific rate, opening or closing a position and more. This allows you to maintain control over your account and become aware when action needs taking, even whilst you are logged out.
Once you have learnt the terms of the trade and know what course of action is appropriate, you’ll find it’s as easy logging in then clicking a few buttons. You can always edit your settings and utilise their innovative features to ensure that you maintain complete control.
How to Use Plus 500
Signing up is simple as this web trader platform is designed for ease of use, bearing those that are new to trading in mind. Many people stick with it for this reason, but if you’re looking to go further then it’s worth downloading their desktop trading software which caters to the more advanced investors.
They also have an app so that you can trade from your mobile or tablet at any time, which is compatible with Windows, iOS and Android. It’s one of the highest rated apps for CFD Trading on Google Play or Apple’s App Store, due to the advanced yet easy-to-use features.
If you are looking for further support then find it by contacting them via email at firstname.lastname@example.org or try the chat feature, which is working round the clock in most jurisdictions.
What is remarkable about this platform is that they provide all customers with a free demo, so that you can test their service without having to put so much as a penny down. This allows opportunity to see how you do with their virtual money and be assured that the system will work for you, before you take on any financial risk.
We definitely recommend you try this out and get comfortable using virtual money before you fully commit. You won’t be subject to any time limit, but can continue using it alongside your real money account for as long as you’d like. Practice makes perfect so this is an excellent aid tool.
There isn’t any hidden charge or downside, it’s just a fantastic free service to show their customers what the real experience will be like!
Maximum and Minimum Deposits
One of the reasons that Plus 500 is so alluring when you’re new to trading, is that there is no minimum deposit required. Most brokers demand a certain amount before you can get going, but here you can start off small.
This is appealing to beginners as they can test the waters in an affordable manner, whether they plan to invest more in future or perhaps even turning those small amounts to a big return for their account. If you’re well-practiced and have done all your research, you’ll still be very glad to have the choice to control exactly how much money you are willing to put forth.
They have a policy not to charge for deposits nor do they pass on any charges levied through them, so you can tick off those extra costs which do add up! The only downside is that there may be a charge if you attempt to withdraw less than the minimum amount specified.
There can be maximum deposit limitations for credit reasons and these vary, depending on your country and which payment method you are using. It will be outlined on the deposit page for each assorted payment method.
It’s important to always be aware that markets can still be subject to sudden shifts and unexpected changes, so even the most expert investor could end up in debt. Luckily, you can rest assured that this won’t happen with Plus 500, as they offer negative balance protection to keep your original deposit safe.
This is done by using the ‘margin call’ feature, so be sure to familiarise yourself with this and take advantage of it.
Is Plus 500 secure?
As such a well-known company with plenty of experience, it is better to place your trust in them than in those less-established newcomers. They’ve had plenty of time to build up a reputation and since they have maintained positive reviews over the years, it shows that they have provided a good service.
There is a bounty of information available online, so you can thoroughly research to give yourself that extra assurance. They are listed on the London Stock Exchange as well as being subject to the regulations of the Financial Conduct Authority, denoting a high degree of trustworthiness.
The FCA protects up to £50,000 of funds for clients in England, so you can count on their approved brokers to ensure security. Trading with brokers that are regulated is not only a wise move for any investor, it’s essential to prevent being subject to the scam brokers that are unfortunately out there.
Plus 500 accept payments via credit card, bank transfer and the popular e-wallet accounts such as Skrill or PayPal. Many of you will have used these before, but if not then we recommend signing up with one to ensure quick, secure and fuss-free transactions.
If you’re concerned about protecting your money, then at least this broker allows you to trade in small amounts and have features to protect your balance, so there is remarkably little risk involved. The wealth of features and information they offer shows how much they care about clients, understanding that it is crucial to keep their money and details safe!
How Long Does It Take?
Getting your head around the world of investments or the emerging money-makers like cryptocurrency will take time. The best way to set yourself up for success is to do your research regularly and dedicate yourself to the task at hand.
The great thing about this platform is that it’s made everything as simple and accessible as possible, so you can condense this process. This doesn’t mean resting on your laurels, but having more time (and space in your brain) to focus on what’s important – making the right trades, keeping informed of market developments and using all the handy tools at your disposal.
Investing can bring amazing returns, but it isn’t always for the impatient ones among us. However, it is important to go for a platform that will get that cash in your account in a timely manner, once you’ve decided on that course of action.
They aim to process withdrawal requests within one to three business days, but how long it takes to receive the fund can vary. If you want that boost to your bank balance sooner, your best bet is to sign up with one of the convenient e-wallet methods as they tend to have quicker returns.
There is no time better than the present to begin making profit, so join their growing list of clients and register today!
Plus500 allows you to trade CFDs on the UK’s most popular cryptocurrency including UK 100, Bitcoin, GBP/USD.