Plus500 Review: Mini-Accounts and an Unlimited Demo Mode
For ease of use in 31 different languages, 50 markets, over 2,000 CFDs instruments and an unlimited demo account for simply signing up, all can be found at the CFD broker Plus500.
Our review of Plus500 noticed first and foremost the ease of navigation of the website. If you’re interested in more than just online forex CFD trading, Plus500 offers the opportunity to trade stocks CFDs, indices CFDs and commodities CFDs as well. The tabs at the top of the page make switching back and forth fast and easy.
Registration, deposit and withdrawal couldn’t be easier. Probably the nicest thing about Plus500 is the “mini account,” which allows trading forex CFD for as little as $100 with a 300:1 leverage. Of course, Plus500 offer all the pairs to be traded, and it has the ability to place advanced stop/loss and trailing stop orders, which alleviates a big headache for advanced traders as they could save time and help traders to implement their position’s strategies more accurately.
You can take your time deciding on whether or not you want to dive in with both feet into the forex trading pool. Plus500 offers a demo account that doesn’t have a time limit. This is a great option and not very common among brokers. It gives the prospective trader a level of comfort that, especially for a beginner, is a necessity.
Whether you have a desktop, laptop, tablet or smartphone such as an iPhone or an android based device, you’ll find that Plus500 provides you with a windows based trading software, a browser based webtrader platform, an iPhone app and an android app.
The library of tutorial videos is helpful to all levels of traders and should be utilized to its fullest extent. Also, you can be assured that the Plus500 platform is safe and secured. Plus500 UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909). Plus500 Ltd is listed on the AIM section of the London Stock Exchange.
Plus500′s ultra user-friendly trading platform, favorable pricing and broad options make it one of the best forex brokers available. Pay attention that the CFD service involves high risk and is not suitable for beginners. Plus500 platform is suitable for experienced traders only so make sure that you understand the risks involved before you start trading.