Plus500 is a UK based company with its main office in London. Regulated by the FCA it runs its business in accordance with their requirements. As such your funds are secure as they’re held on an excluded basis. Although its main office is in the UK it operates worldwide, particularly Europe and Asia. Founded in 2008, Plus500 enables its clients to trade in price movements of shares, foreign currencies, indices and commodities.
A web based platform of their trading service was introduced in 2010, and allowed online trading for Mac, Linux and smartphone users. Following on from that in 2011 an iPhone and iPad app was launched allowing trade to take place wherever you are. Further improvements were made for Android users in 2012 with their Android app. As you can see Plus500 have been constantly working for their customers benefit, enabling them to undertake trading transactions in a variety of ways.
Wherever possible it is important to trade with an FCA-authorised broker – so Plus500 fits the bill. They can be trusted to provide an excellent, safe and secure trading platform, putting your mind at ease.
Plus500 bonus and free welcome bonus for new customers
To receive your bonus and free money you have to register and download the trading software. The process is not complicated and the mobile apps are considered to be the most user friendly trading platforms available today. Your free £20 will be credited immediately or you can make a deposit and receive a further bonus. You should be aware that by registering and accepting your free money you are trading in real terms not via a demo account. For the novice it may be advisable to hone your skills first, and start with a demo account.
To start trading in the real world no deposit is required, but in order to withdraw any funds you need to accumulate trader points (TP).
When you start to make deposits into your trader account you have to remember to fill in the Plus500 Bonus Code: FIRST50000. The minimum extra bonus is £20 if you deposit £100. The bonus amount increases, but not exponentially. The maximum bonus can be gained by depositing £50000. The number of trading points required in order to add the bonus to your account also changes.
How to start trading with Plus500
There are 3 ways to start trading with Plus500. You can choose to download it to your computer, trade directly through your browser or download the mobile trading app. Whichever way you choose you will find it very beginner-friendly. More experienced traders may however, find it a little too basic. Another disadvantage is its lack of support to 3rd party developments. If you are a complete novice you won’t find yourself bamboozled with confusing information, but for those who like to partake in multiple trading screens you will find it lacking, with only a one trading screen option.
The mobile apps developed for iOS and Android are thought to be some of the best in todays market. They allow the following of all open positions, the checking of signals and analyses to name just a few of their functions. It is vital to keep your eye on the ball so these apps allow you to follow the markets and trade whether you are at home, in the office or on the road.
If you are new to the trading market a demo account is the best way to go with Plus500, as there is little training available for beginners. You can use the demo account for as long as you need, whereas other brokers demo accounts are limited in time or by money and you are forced to upgrade to real money accounts after a period of time. With a Plus500 demo account you can trade as if it were a real market and get used to the platform without risking any money. You also get the backing of an online help team while practising different strategies.
When trading for real there is only one kind of account, with no worries of levels and keeping a VIP status, making the whole trading experience uncomplicated and easy to use. All customers are treated the same and on attractive terms. You can be confident your money is secure because it is treated according to FCA rules.
To sum up it is easy to say that Plus500 is a broker worth trading with. Its platforms are secure and user-friendly. Their free money and bonuses are outstanding, which explains why they have catapulted themselves into the position of a globally recognised brand that is respected in the industry. You can choose to take part in the markets whether you are home, enjoying a coffee or even on the beach. Their mobile apps and desktop software allow you to keep on top of your transactions and current fluctuations in prices. They are a trustworthy broker who will treat you kindly and are definitely deserving of your time.