Plus500 Cryptocurrencies Broker Review
Plus500 Cryptocurrencies Broker
Plus500 is a unique Broker for cryptocurrency Trading and trading other assets. they have established their own unique approach to the market by not having any real sales department and focusing primarily on the trader experience to do the sales pitch for them , see below the full review and broker details
Trade Cryptocurrencies with Leverage
Trade cryptocurrencies with up to 1:2 leverage. You can start with as little as € 100 to gain the effect of € 200 capital!
Main Benefits of Crypto CFDs:
- No need to have an exchange account or use a special wallet!2
- Trade in any direction – Selling is just as accessible as Buying
- Available 7 days a week, 24 hours a day!1
|ETHBTC||Ethereum / Bitcoin|
Plus500 is one of the better options for those to look to enter the market and find the Metatrader 4 platform somewhat intimidating.
This brokerage Is focused on the traders. let’s say there are more customer service people then there are sales people.
Plus500 cryptocurrencies Features and Account Types
I am maybe somewhat biased here a this was one of the first demo accounts I ever opened and it was a perfect introduction into the world of forex. You are able to open a standard account for the minimum deposit amount but if you want to deposit and trade with more you will get a gold account, there is not much of a difference besides the 5% lower premium charges.
Plus500 cryptocurrencies Trading Platforms
The proprietary Plus500 trading platform offers an easy to use and intuitive trading experience aimed for the traders that don’t really work through the EA’s on the MT4 and huge number of charts. For those traders that more experienced and are trading on the news or Trading signals, this platform will provide you with everything you need.
It offers price notifications which can be displayed directly within the platform, this can then be relayed to you via email, or SMS.
Plus500’s trading platform for me always just was the webtrader but it can also be downloaded to desktop for installation on Windows, Mac, Android, or iOS.
Like most brokers that want to be active in Europe , Plus500 accepts a nice variety of payment methods for deposits to your account.
The most standard methods today like the credit cards such as Visa, MasterCard, Maestro, Diners Club, and some other options like and Skrill.
Regardless of how yu take the withdrawal this will always take a little bit of time , thou they say it might take 3 days , in general aim for a week and you are good , especially when it comes to brank transfer.
As I mentioned this is a broker that works for the experience and the trader itself and less for the sales pitch, this also makes that their customer service needs to be very much on the store front as for every broker the retention of clients is actually more important then just gathering new clients.
They are available in most languages they offer the platform in for the entire week and every hour, you should test this as I did not , I called during business days and had not problem reaching them , at night I have to as yet try.
I like this broker, that is not even from a traders stand point but their entire operation is very smooth and optimized. They have found somewhat their niche among the huge amount of the brokers out there and this is not simple to do, they are a very good broker for starting traders and would suggest to anyone to open a demo account and this is the easiest way to start trading.
|Regulated By||ASiC, CySEC, FCA|
|Partnerships||Atletico Madrid Football Club|
|Number Of Employees||200|
|U.S. Clients Allowed:||NO|
|Min Initial Deposit||: £100|
|Spreads From (EUR/USD):||Dynamic|
|Pairs Offered:||59 Forex Pairs|
|TRADING ACCOUNT OPTIONS|
|Deposit Options||Credit Card, Moneybookers, PayPal, Skrill, Wire Transfer|
|withdrawal Options||Credit Card, Moneybookers, PayPal, Skrill, Wire Transfer|
Your capital is at risk : All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results. This post is for educational purposes and should not be considered as investment advice
Trading Forex, Stocks and CFDs carries risk and could result in the loss of your deposit, please trade wisely.