UPDATE: DECEMBER 2017
For the time being, Plus500 and Plus500 Affiliates have been placed on our blacklist. Please read this page to learn more about the reasons.
*Your Capital Is At Risk
Plus500 UK ltd is a CFD service provider and broker based in the UK . It is under the authority and regulation of the Financial Conduct Authority. Plus500 AU LTD is regulated by Australian Securities and investments Commission – Australia only. Plus500 has the authority to offer trading in CFDs, Commodities, Indices, Stocks and ETFs. Plus500 serves more than one million clients and is the largest and fastest growing broker in Asia and Europe.
Why you Should Trade with Plus500?
When trading shares online, you gain many pluses and in particular CFDs on shares. When a person buys shares CFDs, they don’t own shares that are underlying but are rather speculating on the upward or downward movements in the price.
Traders buying or selling shares CFDs have the potential of benefitting from trading that is leveraged compared to the trade in underlying securities.
Depending on the specific instrument selected, the margins required start from as low as 2% and with Plus500 you are offered leverages of up to 1:294. Low requirements in the margin result in a capital outlay that is smaller, having the potential of bigger returns (and losses) proportional to the sums that are leveraged.
You can take your trading to the next level and have access to these great features by using the great Plus500 CFD platform. With the platform offered by Plus500 users can:
Engage in buying and selling shares CFDs on a range of shares that are popular like Twitter, Facebook, Google, Apple and many others.
Plus500 is adherent to the highest regulatory standards. The CFD Trading platform offered by Plus500 Ltd is licenced as the Plus500 brand.
Plus500 Ltd.’s CFD business is operated via subsidiaries: for example Plus500CY Ltd under authority and regulation of the Cyprus Securities and Exchange Commission and Plus500UK Ltd under the authority and regulation of the Financial Conduct Authority.
Practice strategies for trading and engage in trading shares online under real market conditions using the demo account provided on the Plus500 CFD platform for an unlimited amount of time.
For all new subscribers wishing to test the website without first making a deposit, you can get €25 to trade and up to 25% in bonuses (T&Cs apply).
No trading commissions are charged by Plus500 when trading shares online via its CFD service.
For the Plus500 clients who like trading on the move, the online CFD trading is of great convenience. The platform is made available for iPhone, Android and other mobile devices, a windows and web version is also available.
Plus500 offers technical analysis software and a proprietary trading platform which is comprehensive and easy to use even for novice traders. With this trading platform, you are able to trade in a number of markets all from the same screen with real time quotes provided for all available products.
The other major advantage of the trading platform offered by Plus500 besides its ease of use is that it consists of a trading screen which is all-inclusive having tabs on top clearly labelled for details of past trades and positions held currently, in addition to numerous capabilities for trading in the market. The trading platform is also inclusive of Charting software but the charts appear individually, as the charting software doesn’t allow multiple graphs appearing on the same screen.
There are four different versions of the trading platform used in Plus500: the version that is downloadable, you can copy this to a desktop or laptop, the version that is web-based which gives the trader access to the trading platform from other computers, App versions for Windows, Android and iOs smartphones and the Apple Watch platform.
There are two account options offered by Plus500, this consists of the demo account which is without a time limit and free of charge, and the live account which has a minimum deposit amount of $100. You can also get €25 to trade (T & Cs apply).
Deposits and Withdrawals
Individuals can fund their Plus500 account using a MasterCard, Visa credit card or wire transfer. The fastest way to start trading is to deposit via MasterCard or Visa. In order to complete a deposit, clients need to click on Funds Management then Deposits and follow instructions accordingly.
Wire transfer deposits to Plus500 are usually straightforward but for them to show up in an account it will take up to five days. For the wire transfer option, go to the Funds Management window then click on Deposit and pick “Wire” and click on the option that says “Send me Wire Details”. The wiring details will then be sent by Plus500 to the customer via email.
The wiring details for funds to respective banks will be provided by Plus500 to customers stating also the minimum and maximum amounts that can be deposited through wire transfer. The minimum amount that can be deposited is £300.00 while the maximum a person can deposit is £100,000.
Every client is required to provide a photo ID which can be a driver’s license, passport, or any other official document then verify the address they registered with before getting to withdraw from Plus500.
This information can be sent by uploading a doc, pdf, jpeg, tif file type or the *Contact Us form using Plus500’s uploading function on its trading platform. Customers should wait for about 24 hours for a review of the files.
Email support is provided by Plus500 to its clients in multiple languages. An online chat service is also offered to clients with urgent complains. All these services are available 24/7. If for any reason the online chat service is unavailable or becomes inactive you can still contact the Plus500 team through the “Contact Us Form”. Plus500 does not offer telephone support so if a client loses internet service or their computer crashes as they trade it might take some time to get in touch with the support team.
Plus500’s official financial affiliate is 500Affiliates. This affiliate program is well advertised on a number of sites due to the growing popularity of Plus500 among traders who want to trade in indices, stocks, commodities and currencies. You can download the trading platform on Windows, iPad, iPhone, Android tablet and mobile applications for Android. Plus500 is available in more than 26 languages and accepts traders from all over the world except United States.
The commission rates are calculated as Commission per Action or revenue share which is listed as monthly gross revenue. The starting commission rates are 15% going up to 25% and the Commission per Action rates start at $150 and go up to $600. Referring other affiliates entitles you to a revenue share commission of 10% for a lifetime. At the moment, the payment options for affiliates are PayPal, Skrill or Bankwire.