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Plus500 — Forex Broker

Plus500:

Company: MeVideoCY Ltd.
On-line since: 2009
Country of origin: Cyprus
Regulation: Unregulated
Payment options: Credit cards, PayPal and wire transfer
Minimum account size: $50
Minimum lot size: 0.1 lots
Leverage: up to 1:200
Spreads: 2 pips on EUR/USD
Rating:
5.3/10 with 122 votes

Rate broker — Plus500:
Categories: PayPal Forex brokers
Oil trading brokers
Gold trading brokers
Forex brokers with CFD trading
Opinions: See Plus500 reviews.

Advantages:

  • Forex, CFD, commodities and index trading
  • Bonus on deposit
  • Free $20 bonus upon account opening

Disadvantages:

  • No MetaTrader 4 platform
  • Residents of Russia, Ukraine, Belarus and some other post-Soviet countries aren't allowed to open an account

Click here to open an account with Plus500


Reviews:

11 reviews of Plus500 are presented here. All reviews represent only their author's opinion which is not necessarily based on the real facts.


saaz from UAE07/18/2010

Plus 500 gave me some idea of Trading. I was playing with Demo Account where i made good profits. I googled to find out more bout plus 500 to invest real money. but i cant find a single person with a good comment and no help or support through phone. now I am confused..


boygoondoo from Singapore04/20/2010

for those considering trading with Plus500, check http://www.ifsc.gov.bz/notices.html The Belize International Financial Services Commission has warned that they are not registered and have been ordered to cease operations. My relative traded and made some profits but they closed his account and refuse to allow him to withdraw his profits


Adam from Poland, Warsaw04/09/2010

I traded with them... I firstly got loses then I got incomes...

Now I have income of about 90PLN (~€22.5)

They were paying and withdraw as possible.

This is my last withdraw, since I discovered today they are inregulated and in some countries Police investigates them!

Sadly once my own bank took 20PLN + 12PLN.

So all mine income now is their bonus 50PLN (~€12) and a little bit more I earn today.

Anyway, I end this... too many bad reviews and inregulated! Might be too risky for me. But Apple buying was fun =) (I Hope to get this last withdraw as the rest I got, want to remember this Plus500 as good platform, especially when I run away NOW!)


Tim from Netherlands01/24/2010

I trade with Plus500 for almost 10 months and it is going great, i withdraw some money and almost triple it.

Plus500 it is very nice and easy platform, i didn’t had any problem with them.

pips are very low compare to others.

20$ bonus free without deposit worl for me and 1000$ bonus in first deposit.

i feel sorry for you if you don't like them.

:)


Elektra from Duisberg01/24/2010

Very difficult to use the charts to perform any technical analysis. Very difficlt to find exit and entry points. Also probable to find predatory algos' are on their system. Careful trades only, take no risks!


Ilias from Greece01/15/2010

An excellent platform and program to spend your free time only for recreation purposes.

DO NOT DEPOSIT REAL MONEY

While you lose your hard earned money everything is ok, up until you make any profit or decide to withdraw your earnings.

They lock your account with the excuse that you have violated the user agreement.

KEEP AWAY FROM plus500 at all cost.


nuri korkmaz from turkey 12/31/2009

they are fake and scam. I won like 150usd with my bonus but they closed my account. dont do on them


Manuel from Italy11/29/2009

I use this broker...and I wish to run away asap. Very clear and fast interface, low spread. But terrible assistance (no phone call...no chat...if reply mail, this is after 4-5 days). But what is wars...they have a VERY HIGH SWAP. So...who make a business is them...not you. Can not keep oper the transaction more than 2 or 3 days...othewise sure you will lose money. I wish to get almost positive my balance...and run to other broker. STAY FAR!!!!!


JayT from Spain08/18/2009

Nice brooker, simple to use but professional platform with lots of features, cashout to moneybookers in 4 bussiness days, good bonus.


yolly from new scotland06/27/2009

yours swap is very much cost

this is impossible trading position open in the week or mounth

this is not broker

it is eats money


Mike from the UK04/09/2009

I have had great success (and one or two downward spirals) with Plus500. The download is fast for their platform, the graphs are clear, adjustable and easy to read, the technical analysis tools are being upgraded and tweaked constantly.

The only problem (minor at that) I have is length of time the cashouts take to get to my bank.



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