The broker is a major online trading provider, regulated in multiple jurisdictions and having subsidiaries located worldwide. This, coupled with thousands of sterling reviews on Trustpilot and being involved in sponsoring world-renowned sports clubs, makes Plus500 a trustworthy broker that’s a good choice for most traders.
The process of opening an account with the broker is quick and easy, and accounts can be opened in over 16 different base currencies. To ensure the safety of investors, Plus500 requires that users submit proof of identity and address, and they also need to answer a short Know Your Customer questionnaire. Find out https://www.theinvestorscentre.co.uk/plus500-review
Traders can trade 2,800 leveraged financial CFD instruments with Plus500, including forex pairs, commodities, indices, global stocks and ETFs. They can also trade cryptocurrencies, but it is important to remember that they are trading speculatively and not investing in the actual cryptocurrency.
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Plus500’s WebTrader platform offers a streamlined experience that’s compatible with most modern operating systems and devices. However, it lacks some advanced functionality that is found on the best brokers in the market. For example, there is no support for third-party analytical and automation tools, and charting doesn’t sync across the desktop and mobile platforms.
The broker does provide a number of educational and research resources, but it would be nice to see more articles and videos on trend analysis, technical analysis and risk management. Overall, this broker is suitable for most traders and is an excellent choice for those who prefer to trade CFDs rather than traditional stock trading.
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