Investing online is an activity that can generate many benefits if done in the appropriate place, however, many find it difficult to find the right broker to make their investments. Once again, at lovaloramos.com we have put our team of experts to work to evaluate Plus500.
Without having to investigate too much, we have realized that it is a reliable and transparent page that focuses on providing all its users with different financial instruments such as CFDs and Forex, to invest in an extensive catalog of underlying assets.
This British broker based in London is supervised by different important institutions that guarantee its reliability, so we can rule out that it is a scam. Plus500 is also a well-known provider for providing excellent quality on different platforms such as mobiles and tablets, for its easy use and coverage of strategies.
The vision of this company is undoubtedly that of a professional company, which seeks to increase its number of users every day and keep those that are already registered thanks to its constant growth and innovation in the markets.
As you can see, Plus500 is not just any broker, it is a regulated portal with an excellent offer and a geographical scope that has led it to operate in different countries and continents, even for people residing in Western Europe, where most markets they need special regulations.
Our experience at Plus500
Thanks to the effective supervision and cost control that Plus500 has, this broker makes use of the most innovative marketing strategies, where user preferences are previously evaluated by the most sophisticated analysis tools and proprietary algorithm systems. The categories of instruments available are divided into options, commodities, ETFs, stocks, currencies, cryptocurrencies and indices, which increases your chances of finding the asset you want to invest in.
As one of the leading online CFD providers in the market, we can trust that Plus500 employs all the necessary technology and financial development to satisfy all types of investors, regardless of their level or experience. Since its creation in 2008, this online broker has been the talk of the industry, from being the first provider in the world to have commission-free CFDs, to having one of the most successful trading applications for Apple devices. . The products in Plus500 are very varied, since you will find the most listed exchanges in Europe, Asia, the United Kingdom and the United States.
Plus500 Products and Offers
There are many reasons why investors around the world choose this platform. Among them, in addition to the regulated environment, constant online support, the most intuitive investment tools, varieties of instruments and zero commissions.
You can start trading immediately or open a demo account first, to find out how everything works before investing real money. Given that Plus500’s offer is quite complete, on its website you will have a very practical instrument search engine, where you will have at hand each type of asset, the most popular and those that are on the rise and fall.
To talk about Plus500 products we will start with one of its most attractive underlyings: Shares. Anyone who enters this broker will have the opportunity to invest in stocks from countries such as the United States, the United Kingdom, Germany, France, Italy, Japan, Spain and Switzerland. Among the most popular are Amazon, Apple, Tesla, Netflix, BMW, Deutsche Bank, Aurora Cannabis, Microsoft, Twitter, Facebook, Starbucks, NASDAQ, Scotiabank, Walmart, Nike, HP, Coca-Cola, Bankinter, BBVA, Enagás, Gamesa, Mapfre, Telefónica, Nintendo, Nissan, Panasonic, Toyota, Capcom, Adidas, Hugo Boss, and many more.
Regarding Cryptocurrencies, the offer is also excellent. When in most of the brokers there are about 4 or 6 cryptocurrencies available, in Plus500 there are more than 10, where are the Litecoin, Bitcoin, Ethereum, Ripple, Stellar, NEO and Tron. The Forex or currency market is made up of more than 40 currency pairs that make up the world’s major economies, such as EUR / USD, USD / JPY, EUR / JPY, GBP / USD, USD / CAD, EUR / AUD, EUR / NZD, USD / CZK, among others.
The raw materials in Plus500 include all kinds of precious, agricultural and energy materials, such as gold, silver, copper, oil, Brent oil, natural gas, gasoline, coffee, cotton, wheat, sugar, soybeans, live cattle, heating oil , among others. There are also many popular options from different markets, such as the US 500, England 100, Italy 40, Germany 30, Europe 50, Hong Kong 50 and Tesla. The most quoted indices available on the platform are Germany 30, USA 500, US-TECH 100, China A50 and Japan 225. In them you can operate with a leverage of 1: 300, so with investing only $ 100, you can earn a capital of $ 30,000. Plus500 also has a variety of attractive exchange traded funds (ETFs), traded with 1: 100 leverage and free real-time constant quotes. Among the most popular we have the iShares Silver, USO-Oil Fund, GLD Gold and OIH-Oil Service.
Each category of instruments has advanced leverage and trading tools to limit losses and get free odds. For example, in the Forex market, the leverage is 1: 300, in stocks 1:20 and in commodities 1: 150. You can access economic calendars, risk managers and price alerts,% changes and expert opinions, all in the same place. There are definitely no excuses not to open a Plus500 account and start increasing income or creating a savings plan.
Welcome Bonus and Promotions
At the moment there are no offers available on Plus500. We invite you to review our list of CFDs and Forex brokers to learn about the online trading providers that offer this type of services on their platforms.
Web Design and Mobile Application
Plus500 is a provider that, like any other platform that operates globally, has different tools designed for the different needs of customers. With Web Trader technology, compatible for browsers such as firefox, chrome, microsoft edge and safari, you can configure an attractive number of options to your liking to create a personalized environment where you are the protagonist. In this portal you are the owner of all your strategies and you can take control by setting profit and loss caps, protection against negative balance, alerts on price movements, opinions of experienced traders and notifications via email about any news in the financial sector.
Actually, it is not necessary to download any software or program to have all the information that interests us at our fingertips. Plus500’s web design was created in order to facilitate all operations and keep all users well informed about any changes or news regarding the purchase / sale of all instruments. The horizontal menu bar is very simple, and is made up of instrument categories, trading tools, company information and a search engine.
Like any other leading company with experience in the field, Plus500 has a mobile application that every investor should install on their device. Available for Android, iOS and Windows Phone, this app promises to be the dream platform for expert and amateur traders. It does not matter if you are from the browser or from the smartphone, the truth is that these platforms have been created to offer you a reliable and instant execution, where you can visualize your interests, profits, positions and strategies anywhere.
At Plus500 there are different payment channels that you can use to make your deposit. Options include Visa and Mastercard credit and debit cards, Paypal and Skrill e-wallets, and direct bank-to-bank wire transfers. Before making an income, there are a number of aspects that you should take into account. The first and most important is to have successfully passed the verification process, otherwise, the funds you transfer will not be reflected in your account. Plus500 accounts only allow one card or electronic wallet account per user, that is, the same payment method cannot be affiliated with two different accounts. The operations carried out in this broker are free of commissions, however, you must bear in mind that in some cases an additional charge is made in the transactions depending on the financial institution or if you make a deposit in a currency other than the one used in the account and a conversion process must be managed.
To authenticate your account in Plus500, you need to send a series of documents that serve the company to verify your identity and your address. Said documents consist of an identification showing the full name of the account holder, a photograph, identity number and date of birth, a document showing the user’s address, such as an electricity bill, tax note or bank statement. and finally, a copy or image where it is verified that the person is the owner of the payment method they plan to use, depending on whether it is a card or a bank account.
Withdrawals are made through the same channels where deposits are made, and are processed in a period of approximately 1 to 3 business days. You can check the status of the operation in the section “Fund Management / Monetary History”. The withdrawal request can be approved (in progress), approval sent and approval closed, the latter being the confirmation that the process has been completed correctly. For more information regarding deposits and withdrawals, we recommend you read the User Agreement available from the Plus500 website.
If you have any questions about financial instruments, investment tools, web operation or user protection, you can consult the complete section of Frequently Asked Questions (FAQs) of Plus500. If you find an answer to your question, you can contact customer service by mail or live chat. The form is available directly from the page and the hours of operation work 24 hours a day all week. Certainly, in this sense, a phone number is missing where to call to make any questions if you do not have access to the web.
Plus500 Security and Protection
Plus500 is a provider regulated and authorized by several institutions, but security does not depend only on that. Regarding transactions made with bank cards, the broker uses the SSL (Secure Socket Layer) protection system, which means that all financial information is protected and encrypted instantly. The funds of the users are very well taken care of, in addition, Plus500 will never use the money of its clients to cover corporate expenses or for any other commercial purpose. In the hypothetical case that the company is liquidated, the funds of the users are kept in completely separate trust accounts. If a state of insolvency occurs, all Plus500 clients can be assured that they will enjoy all legal and trust protections.
The advantage of investing in a broker regulated by the Financial Conduct Authority is that the company will always use only its own funds for hedging purposes, does not transfer money from retail clients to other accounts, does not open speculative positions in the market and does not trade with the capital of its users. Another relevant aspect of protection in Plus500 is the identity verification of each client. When opening an account at Plus500, each user must accept and abide by all the rules and regulations regarding money laundering, bank fraud and terrorist financing. It is thanks to these measures that both your identity and that of the company can be safe from any scam and preserve privacy, security and transparency.
Plus500: What makes you a safe broker?
Choosing a registered and regulated broker is extremely important when investing online. In the case of Plus500, we have all the guarantees to trust their services. The portal is owned by Plus500 UK Ltd, a company having its main address at 78 Cornhill, London EC3V 3QQ, England, and which is listed on the London Stock Exchange. The broker is regulated and authorized by the FCA (Financial Conduct Authority) under registration number 509909 and by the Cyprus Securities Market Commission (CySEC) under number 250/14. For its domain in Australia, the company is authorized by the AFSL (Australian Securities and Investments Commission) with number 417727 and also by the Monetary Authority of Singapore (MAS) with the license License No. CMS100648-1, for its operations in the Asian country.
As you can see, Plus500 is a broker operated by experts and professionals who, thanks to all its regulated subsidiaries, can provide a secure offer on a global level. Despite this, the company had some legal problems in the past. In 2009, the governments of Slovenia, Hong Kong and Greece reported that the company did not have the legal permits to offer its online trading services. In the end it turned out to be nothing serious, since Plus500 is regulated by several very important financial institutions such as the FCA and CySEC.
If all this does not convince you, we must mention that Plus500 is also the main sponsor of Atlético de Madrid, which greatly reduces the chances of it being a fraud. This association created in 2015 benefits not only the famous Spanish soccer club, but also the broker, since both institutions are in a juicy international expansion.
Plus500 is definitely one of the best online trading providers right now. Its asset coverage is impeccable, its financial instruments are the most important on the market and its platform works perfectly. In addition to this, the fact that it accepts Paypal as a form of payment is a factor that really differentiates it a lot from the competition, since it is not usually a frequent channel in online brokers. At lovaloramos.com, we believe that the weakest point of this portal is customer service, and not because it is not efficient, but because there is not much variety to communicate with the company’s support. For everything else, we cannot but recommend Plus500 for your online investments, due to its regulated environment, its excellent offer, immediate execution, intelligent platforms adapted to all devices and the support of more than 300 thousand registered clients around the world. .