Mon. Aug 3rd, 2020

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Plus500 Broker Review

1 min read

With a strong presence on the index CFDs market, Plus500 offers one of the most competitive conditions for the retail traders interested in speculating on the worlds global indices.

A free demo account and a leverage of up to 1:20 are enough for traders to get familiar with the trading conditions offered by Plus500 and dive into the world of trading.

Things to know when trading with Plus500:

  • 1:5 is the maximum leverage offered when trading shares with this broker in Europe
  • Close-at-profit and Close-at-loss orders available
  • Realtime price alerts available
  • Traders’ sentiment available

Pros

  • Economic calendar to monitor economic releases
  • Risk management tools available to all traders
  • Guaranteed stop

Cons

  • Slippage unless paying for a guaranteed stop
  • Higher spreads relative to the industry standards
  • Superficial trading education content

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