Plutus Global Broker Review
Our Plutus Global review explores a reputable and dedicated broker that has entered the trading arena
Suitable for all types of traders, Plutus Global offers extensive trading opportunities through a variety of asset classes. Whether you’re looking to diversify your trading portfolio or simply want to stick to currency pairs, this broker is a good choice.
Plutus Pro is a fantastic broker for beginner traders because they provide a significant number of outstanding training resources. They also offer a demo account where you can apply what you learn with no risk.
This broker also offers excellent customer support, a number of account types, and periodic bonuses.
Keep reading our in-depth Plutus Global review to learn all you need to know about working with this broker.
Learn more about Plutus Global
Plutus.Global was set up to provide Forex trading solutions to individuals wishing to expand their investment portfolios – from veteran traders to beginners. They strive to offer the best trading environment on the market – state-of-the-art trading services in commodities, currencies and indices, competitive trading conditions and excellent customer support. Their platforms and services combine sophistication with simplicity and efficiency with security.
With years of Forex trading experience, their expert team will provide you with trading tips and tutorials, professional materials, the latest financial news and strategic guidelines. they aim to offer the highest standards in the market together with the best customer support.
Benefit from Full STP Technology – With No Conflict of Interests
At Plutus.Global , they guarantee trading on the Forex market without dealer intervention or restrictions:
- No dealing desk broker
- Not a market maker
- FullStraight-through Processing (STP) technology meansthe foreign exchange trading process and payment transactions can be done electronically and anonymously
- Their STP brokers offer clients direct access to the interbank liquidity and route their orders to the largest liquidity providers
Most importantly, STP execution means They earn from commissions and not from your losses.
Our Plutus Global review team found that this broker is focused on ensuring the safety of their clients’ funds. They have strict protocols in place. You can also be confident that your personal data is safe as Plutus Global implements a wide range of cybersecurity measures. These include encryption of all data server communications and transactions, powerful firewalls, and SSL protocols.
Plutus Global also protects your data through physical measures. Their data centers are protected by professional security personnel around the clock, thereby helping to prevent unauthorized access. Furthermore, only a small number of highly trusted employees can gain access to your information.
This broker also takes steps to ensure clients are informed when they might be entering potentially risky trades. They analyze margin levels, positions, and the potential for loss, based on which they provide you with alerts if the system deems the trade as high risk.
Enjoy accounts customized for trading activity
The Mini account is tailored for novice traders with a lower level of activity and investment than a professional trader.
The Mini account offers leverage of 1:100 on currency pairs, but the spreads are somewhat above average compared to other popular online Forex brokers. At the time of this Plutus Global broker review, the EUR/USD spread started at 2.2 pips.
The Standard account offers spreads that are in line with many popular brokers and the market average.
All four account types can be adapted for Muslim investors, meaning that there are no additional fees involved. They also permit hedging and offer customer support from 10 AM to 8 PM GMT.
Note that all account types come with a minimum deposit requirement of $250 for the mini account.
- Extensive range of trading instruments
- Excellent training and educational materials
- Popular trading platform available for web and desktop
- Various account types with good leverage
- all trading strategies are allowed
- No European regulation
- No MT4
Take advantage of periodic bonuses
Our Plutus Global review team discovered that this broker frequently offers attractive bonuses to their clients. To find out if a bonus offer is available and the details, check out Plutus Global’s website.
Discover how much trading with Plutus Global will cost you
Our Plutus Global review group found that this broker won’t charge you any commissions on your trades. Some of the accounts types also feature appealing spreads.
While you won’t pay out Plutus Global any charges on deposits and withdrawals, you will be responsible for any costs your bank charges to transfer the money.
In terms of swaps, when our Plutus Global team compared this broker’s fees with other popular brokers, they were a little higher than average. Once you consider the discounts provided with the Gold and VIP accounts, though, you might find these fees far more attractive.
variety of payment methods
Our broker review team tested some of the payment methods Plutus Global offers clients. You can deposit and withdraw money via most major credit cards, bank transfer, and Bitcoin.
In conditions of duration, Plutus Global promises that withdrawals will be processed within seven business days.
Plutus Global also states that, for withdrawals, they have to verify that the owner of the trading account must be the same as the person to which the payment is made. This is due to anti-money laundering requirements.
Therefore, this broker recommends that you submit a copy of your bank or credit card statement where you want the money to be transferred before making a withdrawal request.
If you are using a credit card, you will have to provide Plutus Global with a picture of both sides of your cards, showing only the last four digits of the number.
Note that only verified account holders can make withdrawals. To verify your accounts, you will need to present a valid government-issued ID and proof of address, which can be an utility bill or a bank statement.
Enjoy trading on the market’s most popular trading platform
Our review team discovered that Plutus Global’s website is user-friendly. Essential information is easy to access from the main menu, though some details can be hard to find.
Registering for an account is relatively easy, though you will have to supply a number of information, just like with any other reputable broker.
In terms of trading platforms, our Plutus Global review team was pleased to see that broker provides usage of the desktop and web versions of a full functioning an intuitive trading platform.
Plutus Global Trading Platform | Plutus Global review
The Plutus Global Trading Platform is a comprehensive trading system with considerable charting and analytical capabilities. Despite being so advanced, it is very user-friendly and simple to customize according to your preferred trading style.
You can use the intensive library of indicators it comes with, or you can program your own within the machine. You also have the option of using expert advisors and robots, which you can likewise create yourself.
When it comes to executing orders, Plutus Global Trading Platform offers four different types of pending orders as well as one-click orders. You can even open a position right on the chart. Stop losses, trailing stops, and take profit orders are also available to help you minimize risk and maximize your profits.
You can also trade with the web-based version of Plutus Global Trading Platform using any browser. While it’s not as flexible as the desktop version, you still have access to all the important analytical and trading tools. It’s certainly an excellent option if you would prefer not to install software on the computer you are using for trading.
While reviewing Plutus Global, our experts also found that this broker offers you other important trading tools, including an economic calendar and a company earnings calendar.
The economic calendar is essential, regardless of whether you prefer to focus on technical or fundamental analysis. This calendar provides a comprehensive set of when economic information releases will occur.
This information is vital, even if it’s just to serve as a warning that the marketplace might make some major moves at that time. You might prefer to avoid the volatility, or you might want to trade it. Regardless, it’s important to know when it could happen.
The company earnings calendar provides the dates on which firms will release their earnings reports. These figures often drive the price of company shares, making it information you need to be aware of as soon as possible.
Trade from anywhere
The Plutus Global website is mobile-responsive, so you can easily access it from any mobile device. You can check your account, browse the site, or get in touch with customer care from anywhere.
If you want to trade on your own mobile device, our broker review team is very happy to report that you can do so easily, as Plutus Global offers a mobile version of Plutus Global Trading Platform. This allows you to trade from any location and at any time.
Expand your trading skills with comprehensive training resources
During our Plutus Global review, we were impressed with the wide range of educational and teaching resources this broker provides. They offer materials for all amounts, from the fundamentals for beginners to advanced strategies for more experienced traders.
The educational content is also available in a number of styles and formats. There are video courses, eBooks, in-depth articles, tutorials and more. (aks your account manager for more information.
Plutus Global review | Benefit from outstanding customer support
Our Plutus Global review was pleased to see that this broker offers multiple communication channels for customers. The customer service team was knowledgeable and eager to help when we spoke to them.
Nevertheless, the live chat Plutus Global provides is usually dedicated to traders who already have accounts. It can, therefore, be challenging to learn more about the broker to determine whether they are the right fit for you.
Support is also limited since it’s only available Monday to Friday from 8 AM to 7 PM GMT. This can be a problem in the event that you trade the Asian session or the late US program and encounter issues. However, for most traders, this degree of support will likely be sufficient.
While there are improvements to be made, such as providing extended customer support, they still provide everything you need for a great trading experience.
Plutus Global is an excellent broker for any trader thanks to the wide variety of tradable instruments, various account types, attractive spreads, and the comprehensive training resources on offer.
Sign up for an Plutus Global accounts today so you can enjoy everything this broker has to offer.