With its straightforward trading platform and a robust set of tools for active traders, plus the ability to invest with low fees, Detailed Plus500 Overview is a popular choice among casual investors. Its WebTrader platform has continued to be refined, with the most important information accessible without needing to switch between menus. Plus500 also offers a mobile app that is easy to use and includes all the essential features, including support for smartwatches with biometric ID and two-step login.
Detailed Plus500 Overview: Features, Tools, and Benefits
As a publicly traded company, Plus500 is required to disclose financial reports and this transparency helps to provide insight into the company’s stability. Its fee structure is well laid out on the website and is clear in identifying deposit, withdrawal and other charges. In addition, it provides a transparent charting experience with more than 100 technical indicators that can be applied to multiple time frames including tick and weekly charts. Plus500 does not allow scalping which is the practice of opening and closing trades quickly in order to accumulate quick profits from small price changes.
Plus500 is a market maker and this means it sets both the bid and offer prices for each instrument. This differs from STP and ECN brokers which pass orders on to other market participants. Its range of tradable instruments is impressive and includes CFDs on forex, global stocks, commodities, indices, and cryptocurrencies. Its demo account is available to anyone and registration takes just a few clicks from the homepage.