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December 12, 2015
Hi guys, I have been testing plus500 for the last 4 weeks and the following is my experience so far. I will try to be as detailed as posilble
Slow price feed. Surges in prices are replaced by gaps.
Orders, even limit orders, open 2 pips beyond the placed price on major pairs.
No re-quotes, rather the “market is closed.”
High premium costs.
The trade platform Interface
Easy and comfortable registration for a Live account.
Poor personal chart customization.
Small and uncomfortable chart window, which makes technical analysis impossible.
Also, acc. leverage was changed for no reason.
Plus500 leverage conditions are strange
they lowered my leverage to ridiclious level after a few days. I had to write emails and try my best to get my leverage back to tradable level.
Not recommendable for traders trading below 1H timeframe.
Technical analysis would need to be done on a separate platform.
Plus500 bonuses unreasonably hard to withdraw if using small acc. and proper risk management.
Rating: Expensive, slow, impractical but stable nontheless = 2/5