Plus500 is a famous CFD broker. The broker strives to give all clients the ability to efficiently trade any financial product, including indices, commodities, shares and currencies. The company is regulated and authorised by the FCA, Financial Conduct Authority. This means Plus500 operates under strict rules. So, you can conclude this broker is more trustable than many other brokers.
Plus500 gives new traders a ‘welcome’ bonus. Your demo or trading account will be credited with $25, without making a deposit. This is a very good offer for new clients who try to start trading. Most brokers require a minimum deposit to start trading. Another, even more better, offer is the negative balance protection.
Plus500 offers very tight spreads and you never pay commission. The spread of the instrument you are trading and the funding premium cover all the costs. You only need to pay the funding premium if you hold on to your position for longer than 24 hours. The percentage is variable and varies from the instrument you trade.
Easy to use trading platform
Plus500 has an easy to use CFD trading platform. The platform gives thousands of traders access to trade CFD’s on over 2000 instruments, like 50 Forex pairs, ETF’s, commodities, shares and indices.
One of the most attractive features at Plus500 is the free demo account with an unlimited time. With this free demo new traders can practice as long as they want.