Saturday 12 December 2015

Plus500 Review: an Authorized and Regulated Broker

Reading the latest and updated Plus500 review you know that it is authorized and regulated by the Financial Conduct Authority. Also, as the company is listed on the London Stock Exchange you can trust it by opening a trading account. Nonetheless, Plus500 CFD SERVICE is also authorized and regulated by the Financial Conduct Authority.

Trust comes when your brokerage firm assures you about the safety of the funds and you also read several reviews from the fellow traders. Needless to say trading CFD's never was this easy before this brokerage firm. Several of the Plus500 reviews claim that traders find it one of the most trusted and reliable brokerage firm out there for CFD trading.

Easy to Use Trading Platforms 


The traders who have been trading on the Plus 500 platform for some time claim that this is really one of the best platforms for traders who are starting trading Forex and CFD. Sure, there are a lot of better brokers around, but they all have minimum deposit requirements you have to meet before you can start trading.

However, at Plus 500, you can start trading with a small account; you even get a welcome bonus. Needless to say several of the Plus500 reviews claim that the best way to get convinced about the Plus 500 platform is to check it out yourself. Plus500 offers an unlimited free demo with virtual money. No strings attached. It's absolutely risk free to great extent.

Competitive Trading with Trusted Broker 


The Plus500 reviews claim that traders get a small EUR 25 welcome bonus, should they decide to open a real account. They can easily fund their account with MoneyBookers / Skrill account or credit card. Thus, there are several payment options available for traders for easy payments. Similarly, there are various options for withdrawing funds from the broker.

Regarding commissions, Plus500 reviews claim that this broker offers very tight spreads, for example a 2 pips spread for EUR/USD trading. You never pay commissions i.e. the spread of the instrument that you are trading and the funding premium cover all the costs. You only pay the funding premium if you hold on to your position for longer than 1 day.

Needless to say it is a specific percentage per day that varies from the instrument that you are trading. Thus, trading EUR / USD with a 10 000 euro position only "costs" the spread, which is 2 euros.

Also read: Buy Bitcoin: Several Advantages from Trading the Digital Currency

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