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Plus500
Plus500
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2 reviews

Trading Forex carries high level of risk.

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Plus500 is not an AtoZ Forex approved broker. Is Plus500 a reliable Forex broker? Share your experience with us.
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Broker Information
Plus500 LTD
Plus500.com
UK
London
2008
UK, Cyprus, Australia, Israel
FCA,CySEC, ASIC
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Trading Information
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Account Advantage
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Account Information
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Plus500 is a Reliable Forex Broker 7
Plus500 is a scam Forex Broker 2
Rating
Edmundas Povilavicius
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 Plus500 Execution 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 latency. 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. Conclusion 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
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Rating
Akash Ahmed
December 12, 2015
Good broker but not liking the platform, strange
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