Plus500
Chris Cammack September 6, 2019 02:47 PM
Please note that Plus500 no longer offers services to Indian traders. This review is for informational purposes only. Founded in 2008, Plus500 is a well-regulated market maker that is publicly traded on the London Stock Exchange. It offers a wider range of tradable instruments than is available at other CFD providers, including over 70 Forex pairs, cryptocurrencies, indices, commodities, shares, options, and ETFs. Although Plus500 only offers one live account, which is limited compared to other CFD providers, its trading costs are average, with spreads starting at [fxs-broker-property identifier="eur_usd"] pips on the EUR/USD, no commissions, and a minimum deposit requirement of [fxs-broker-property identifier="deposit"] [fxs-broker-property identifier="currency"]. Additionally, unlike other CFD providers that provide support for a variety of trading platforms - such as MT4, MT5, or cTrader - Plus500 only offers support for its proprietary platform. The platform is web-based with no need for any downloads or setup, making it a good choice for beginner traders, but Plus500 does not offer hedging, scalping, or copy trading. Plus500’s education and market analysis materials are virtually non-existent, making it a poor choice for beginner traders, but its award-winning customer service is available 24/7, which is exceptional for an industry where trading is usually offered 24/5.