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✅LEGIT Plus500 Reviews: SCAM or LEGIT?

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Plus500 is a UK based CFD (Contracts For Difference) trading platform that can be used to trade cryptocurrencies, shares, commodities, forex, and indices. It was established in the year 2008. It is one of the reliable trading platforms for non-US members.
Plus500 review.jpg


Pros:

1. 3 different platforms: The trading platform is available in three different types: web-based platform named Web Trader, downloadable version for desktop and mobile app (both iOS and Android). The mobile version is very useful for the members to easily trade on the go.

2. Advanced GUI: The GUI of the Plus500 trading software has many advanced features like Close at Profit/Loss, Price alerts, and Guaranteed stop. The Close feature helps the users to automatically close the trade at the desired profit/loss level that is defined by the user.

3. Demo Account: Plus500 offers an interesting and innovative feature very named Demo account. You can create a demo account for free and do all kind of transactions like in a real account. The only difference is that the money is not real. This account is very useful for beginners so that they can play with demo account as much as they want before moving to real account.

4. Multi-Language support: Plus500 is available in more than 20 different languages like Dutch, Italian, Spanish, French and more.

5. Easy deposit/withdrawal: You can easily deposit/withdraw funds with Plus500 as it supports various modes of payment like Credit cards, PayPal, Skrill and Bank/wire transfer. There are no fees associated with the deposit/withdrawal if it is in the same currency.

6. No Commission: Plus500 does not charge any kind of commission for each trade. It uses the concept of fixed spreads that depends on the type of forex and is usually very less.

Cons:

1. Plus 500 is not available in the US.

2. Inactivity fee of $10 if you don’t use the platform for three months.

Trade Shares, Indices, Forex and Commodities with our CFD Service
Control: Stop Limit / Stop Loss / Trailing Stop
Get up to $800 CPA for inviting a trader
24/7 support

Plus500CY Ltd. is authorized and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14)
 

PhonyxX

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Plus500 is a very trustable stock option website. THey even sponsor one of the biggest spanish teams, atletico madrid. So you knwo, they are trustabla.
 

Kaiba Corp

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Just joined the plus 500 demo, they should give me 25$ once I put my phon number...
But I think thats low to start xD but I don't intend putting other cash on there...
So was just wondering anyone got atleast to 100$ through/with that starting money? Is it even possible xD?
 

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it looks pretty good and I am tempted to join. Can we join it with 200-500 USD?, as I don't wanna risk more in the Initial stages and won't be a good Idea to pay adventurous in the beginning.
 

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that is good enough I like this broker and its more than excellent for you but first of all try as much as possible to know the spread a broker charges per trade before you decide to join it.
Am not part of the game i use forex time and am very good and ok with this broker mostly with the small bonus they add for you each deposit.
 

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Highly educative opinions shared though there are some terms I can't understand here like the word "broker"@Kaiba Corp do you mean once i joined i will be $25 bonus which I can top up to start trading?
 

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it looks pretty good and I am tempted to join. Can we join it with 200-500 USD?, as I don't wanna risk more in the Initial stages and won't be a good Idea to pay adventurous in the beginning.
Hi bro, I'm also from India. I also felt them same. Were u able to earn anything from this trading/forex platform? If so, how much did u invest and earn in the initial stages?... and could pls you share some tips and tricks :)

Do we need to understand the market trend and stock markets before investing in this platform? Insight from anyone who has been trading on this platform regularly would be appreciated.

Apparently, this site is not accessible for Indian users within India as it is NOT LEGAL in India.
 

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It is no scam but you NEED to read the terms & conditions. Sometimes they may automaticly close your positions and the costs are high.

But they always paid me and always between 1-3 days.
 

xperienz

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Though I'm yet to venture into it. But I suspect it will be a legit forum. Since its related or link with atletico Madrid. But u feel the amount to register with is high for me. WWhat can I do?
 

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This looks promising. I have account in etoro and have deposited money there but I haven't started trading yet as I am still trying to learn more although I ahv the basics already. Is this platform better or just he same?
 

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I will sell a scheme for earning from $ 20 a day with a detailed description. If you are interested write to your personal messages
 

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Plus500 is a UK based CFD (Contracts For Difference) trading platform that can be used to trade cryptocurrencies, shares, commodities, forex, and indices. It was established in the year 2008. It is one of the reliable trading platforms for non-US members.
View attachment 2705

Pros:

1. 3 different platforms:
The trading platform is available in three different types: web-based platform named Web Trader, downloadable version for desktop and mobile app (both iOS and Android). The mobile version is very useful for the members to easily trade on the go.

2. Advanced GUI: The GUI of the Plus500 trading software has many advanced features like Close at Profit/Loss, Price alerts, and Guaranteed stop. The Close feature helps the users to automatically close the trade at the desired profit/loss level that is defined by the user.

3. Demo Account: Plus500 offers an interesting and innovative feature very named Demo account. You can create a demo account for free and do all kind of transactions like in a real account. The only difference is that the money is not real. This account is very useful for beginners so that they can play with demo account as much as they want before moving to real account.

4. Multi-Language support: Plus500 is available in more than 20 different languages like Dutch, Italian, Spanish, French and more.

5. Easy deposit/withdrawal: You can easily deposit/withdraw funds with Plus500 as it supports various modes of payment like Credit cards, PayPal, Skrill and Bank/wire transfer. There are no fees associated with the deposit/withdrawal if it is in the same currency.

6. No Commission: Plus500 does not charge any kind of commission for each trade. It uses the concept of fixed spreads that depends on the type of forex and is usually very less.

Cons:

1. Plus 500 is not available in the US.

2. Inactivity fee of $10 if you don’t use the platform for three months.

Trade Shares, Indices, Forex and Commodities with our CFD Service
Control: Stop Limit / Stop Loss / Trailing Stop
Get up to $800 CPA for inviting a trader
24/7 support

Plus500CY Ltd. is authorized and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14)
Plus500 is a good platform where all kinds of various of transactions can be made easily without been charged unnecesarily. One of the features that made me to love it was graphic user interface.
 

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The main issue here is that do they pay?, Do they stop trade when it's being stopped?, What of the withdrawal method,does it work?
This are the things a beginner of forex trading should be looking at
 

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That's too bad for us forex traders being charged for the inactivity .I won't recommend this forex broker for position traders possible because when there is no volume one may go for months without a trade.I love the platform and there customers support.What also have been testing is there spreads as a swing trader I don't have a problem.
 

George10640

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It seems to me is legit even thought i have never tried it before , that because they are very old company and they have a good reputation , some people said its a good site .
You don't have to doubt much about forex brokers legitimacy. I used to worry before but right now I use myfxbook to check the broker I would want to see its review .Myfxbook clearly reviews any broker and one can be able to know one that suite him/her.
 
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