If you are a trader, then you are aware that almost all the big brokers like the Forex Club and eToro are offering a number of trading platforms. Plus500 have a trading platform and a website with clear-cut design to offer Forex traders a pleasant experience, especially the beginners.
Considering that Plus500 has years of experience and approved certification, it is not really surprising that they are regarded as one of the best Forex brokers nowadays, so keep reading for a full Plus500 review. The Plus500 trading platform is actually created in-house and comes in three versions: downloadable, mobile, and a web-based trading interface.
One of the things which make this particular platform so unique is that as opposed to the ones offered by the other brokers, Plus500 is providing something that is continuous in all the versions. This means that it is easy to switch between the different platforms and never have to regroup.
All the essential information will be provided on the plus500.com trading platform on just one screen which means that you don’t have to scroll in order to find information. You can find four tabs with clear labels at the top section which makes it possible to get details about previous trades and existing positions without searching for it.
One of the things which makes it obvious that this platform is specially designed with the new traders in mind is the lack of ability to look at multiple graphs and charts at the same time, which is offered on other platforms. Nevertheless, Plus500.com has a pleasant and wide-ranging trading experience for individuals who have a preference for the trading platform without the frills.
Even though Plus500 is not offering an abundance of features like some of the other top brokers, some of them are worth mentioning. Perhaps the most useful feature noted immediately while viewing the free demo would be that traders will be allowed to practice as much as they want. Although it’s not uncommon to see a free demo with unlimited time, this is something that is always appreciated and welcome.
There is the lowest trading fee as compare to other trading platforms as well as if you are ready to withdraw your earnings, minimum withdrawal for Plus500 traders is $100 for bank transfer and credit/debit cards and $50 for Paypal.
Another great thing about the Plus500 is to deposit the money without any charges. The minimum deposit is $100 for debit and credit cards and electronic wallets, while $500 for bank transfers
There are also tutorials available for traders to understand how Forex works. One of the major advantages of such tutorials is that traders are provided with practical examples that go directly to the matter at hand and can help to verify their information. On the other hand, traders who are learning more in-depth educational resources have to check elsewhere to get further details.
The platform is available for anyone to download, as long as they have any operating system. With trading capabilities that you can refer to as multi-asset, the platform makes it possible for trading in forex, stocks, indexes, and commodities. This particular feature is very important for traders who don’t want to limit their investments to forex.
Convenience of Plus500
When you compare Plus500 to other brokers, you will discover that you are getting a trading platform and a website that is very straightforward, although they are not offering a lot of resources. But, this could be a good thing for traders who want to dive in without being distracted by side-line information.