Plus500 Review

Plus500
Up to 30% Deposit bonus
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Overview

Plus500 is a CFD Service that has been established for over 10 years, with its headquarters in one of the major financial cities in the world, London, United Kingdom. Founded… more

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Details

Broker Plus500
Website URL www.plus500.com
Founded 2008
Headquarters London, United Kingdom
Support Types Email
Languages English , Chinese , German , Spanish , French , + 20 more
Trading Platform Web based, Download, Mobile platform
Minimum 1st Deposit £100
Minimum Account Size £100
Minimum Trade Amount 5000
Bonus Up to 30% Deposit bonus
Leverage 1:50
Spread 2 Pips
Free Demo Account Open Demo
Deposit Methods Credit Card , PayPal , Wire , BankDraft , MoneyBookers
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 85/100

Full Review

Plus500 is a CFD Service that has been established for over 10 years, with its headquarters in one of the major financial cities in the world, London, United Kingdom. Founded by a group of trading professionals and financial experts the company rapidly grown to become a trusted international broker. The website is available in over 20 different languages, which is necessary for a website with such an expansive user base.

As you see the moment you enter the website, Plus500 has established a very basic trading concept, easy enough for new traders to understand, and with a simple and uncomplicated design it gives a good first impression. No unnecessary graphics that prolongs the loading times, just the basic information one will need at first glance. If you choose to dig a bit deeper though, all the detailed information can be found easily via the navigation system that is very user friendly.

Plus500 is one of the few CFD Services that offers a sign up bonus to new clients – New traders are given a sign up bonus of £20 to start their account with, and although you’re not likely to build a fortune with that sort of initial captial it’s a great way to try out their trading platform and learn how it works.

They also offer a free demo account, which is common amongst trading websites today, which can also be used for practice with no risk of losing money. When making your first deposit, you will also be rewarded with an initial deposit bonus of up to 30% depending on the size of your deposit.

Unlike many of the other top brokers in the industry, using multiple trading platforms such as the popular Meta Trader 4, Plus500 has developed their own trading platform which comes in three different version for great convenience, as a web based sollution, a downloadable trading platform as well as a mobile platform. The great thing about having a self developed platform is that all three of them works in the same way, meaning you don’t have to adjust depending on which platform you’re on at the moment, which isn’t the case with many of the other brokers in the industry today.

The only real downside we can find with Plus500‘s services is that the customer service isn’t as flexible as it could be. A lot of brokers today offers customer service via multiple methods such as phone support, chat and email support. Plus500 is limited to email support only which, however, is reachable around the clock. Mails are answered within a buisness day, but thanks to the very user friendly website and trading platforms, problems should hopefully be few.

 

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