Established over ten years ago, Plus500 recently received regulation from the Financial Services Authority (FSA). The company displays an uncluttered design both on their website and in their trading platform, which makes a pleasant trading experience geared for new Forex traders. With years of experience and confirmed credentials, it’s no surprise that Plus500 is growing rapidly as one of the top Forex brokers on the market.
Trading Platform
By now you’re probably aware that most of the bigger Forex brokers such as eToro offer multiple trading platforms to choose from – but you’ll quickly see that Plus500 offers a solitary trading platform. While this can be a deterrent for traders who are looking for a very specific platform (MetaTrader 4, for example), a quick look at Plus500’s platform will make it obvious why we’ve ranked this company among the top Forex brokers.
Developed in-house, Plus500’s trading platform is available in 3 versions – a downloadable version, a web-based platform and a mobile trading interface. What makes this platform unique is that unlike those offered by most other brokers, Plus500’s platform remains constant in all version, which makes it possible to switch seamlessly between the platforms without having to regroup.
Plus500 does offer a comfortable and comprehensive trading experience for those who prefer a no-frills trading platform.
Additional
- Founded in: 1999
- Headquarters: London, UK
- Maximum leverage: 1:50
- Minimum deposit: 100 EUR
- Minimum deal size: 5,000/limited by margin
- Languages available: English, Arabic
- Regulation: FSA
Plus500 – Features:
- Free demo that allow traders to practice unlimited time.
- Learning center that offers traders basic information about how trading Forex works.
- The website and platform offered by Plus500 are among the most straightforward
- Plus500 accept payments via credit card, MoneyBookers and wire transfer
