Plus500 Review & Platform Guide

Ranked among the premier trading platforms, Plus500 specializes in Contracts for Difference, enabling investors to delve into diverse markets including stocks, indices, forex, cryptocurrencies, ETFs, options, and more. Managed by Plus500 Ltd, it operates through various subsidiaries such as Plus500UK Ltd, Plus500CY Ltd, Plus500SG Pte Ltd, Plus500SEY Ltd, and Plus500AU Pty Ltd.

Plus500UK Ltd comes with the official stamp of approval and regulation from the FCA (#509909). Similarly, Plus500CY Ltd holds authorization and oversight from CySEC (Cyprus Securities Exchange Commission) with its base in Limassol, Cyprus. Plus500AU Pty Ltd adheres to the Australian Securities and Investments Commission guidelines while holding the ASIC license in Australia. In Singapore, Plus500SG Pte Ltd holds a capital markets services license from the Monetary Authority of Singapore for engaging in capital markets dealings. Plus500IL Ltd is not only registered but also authorized to function as a trading platform in Israel.

The firm strictly adheres to the UK Financial Conduct Authority's rules on safeguarding client funds, ensuring they aren’t utilized for hedging or other purposes. Instead, clients’ capital is segregated in bank accounts protected by the Financial Services Compensation Scheme. Plus500’s CFD trading service is globally accessible via various regulated subsidiaries, and its web-based platform supports a hefty roster of 30 languages including Spanish, French, Italian, German, and Portuguese. The trading interface of Plus500 is designed for ease and intuitiveness, delivering a smooth trading journey. With over 2000 CFD assets at your disposal—including cryptocurrencies—you’re set for an extensive trading experience. It also lets you trade a Crypto10 CFD index that reflects the price paths of the leading ten cryptocurrencies. A bonus? The platform features a risk-free demo account so you can hone your trading strategies without any risk.

In this Plus500 review, we take a comprehensive dive into the essential features of the CFD trading platform. While Cryptimi strives to offer you precise and current details, we strongly encourage visiting their site for any pivotal updates that may have arisen post-review.

Plus500 ensures that all personal data provided by users, like credit card numbers, CVV, passwords, etc., are securely transmitted via SSL (Secure Socket Layer) to a protected server. Furthermore, Client Money Protection is a core offering of Plus500, meaning clients' money isn’t used for hedging. Instead, funds are safely placed in separate bank accounts under the compensation regulations.

Is Plus500 Safe?

With Plus500, trading CFDs of popular cryptocurrencies like Bitcoin, Ethereum, Litecoin becomes a breeze. The platform even opens doors for less mainstream digital currencies such as NEO, IOTA, and Monero. Intriguingly, Plus500 provides the proprietary option to dive into the CFD market with the Crypto 10 Index.

Plus500 CFD Trading Platform

Beyond just delving into cryptocurrencies, Plus500 extends its CFD trading offerings to encompass shares, indices, forex, options, commodities, and ETFs. For the exhaustive and current roster of instruments on offer, a visit to their website is recommended.

The screenshots are presented purely for illustrative intentions. Exercise caution as the actual product may differ.

A standout feature covered in this Plus500 review is the platform's chart capabilities . Seasoned traders will find familiarity in Plus500's robust chart selection and analytical instruments from high-caliber trading environments. trading on Plus500 In 2021, the platform rolled out yet another significant tool, allowing investors to display multiple charts simultaneously on a screen . This offers the flexibility to juxtapose multiple assets or related assets, with accommodation for up to nine charts on a single screen.

Navigational ease defines the Plus500 trading platform. Users can also avail themselves of the flexible feature of setting real-time alerts for fluctuations in preferred instrument prices. Three alert categories include:

Price Alert – Notifies when an instrument attains a certain Buy or Sell price point.

User Friendliness

Change (%) – Updates on when an instrument’s price experiences a designated shift, either positive or negative.

• Trader’s Sentiments – Offers insights when buyer or seller percentages hit a specified threshold.
• The Plus500 sign-up process is refreshingly uncomplicated . You only need to provide an email to kickstart your account. While trading fees apply, additional charges are transparently listed on the site. Additionally, Plus500 makes it simple to recover a forgotten password.
• This part of our Plus500 review proves especially beneficial for those new to online trading. Follow the steps below to set up your Plus500 account.

Plus500 also offers a mobile app ( Android / iOS ) to help users for trading on the go.

Plus500 CFD Trading Account

Navigate to the Plus500 homepage and click ‘Start Trading’.

How to Sign up on Plus500

Choose ‘Real Money’ unless you opt to practice first with a demo account by selecting ‘Demo Mode’.

1. Key in your email and password, then hit ‘Create Account’.
2. Cheers! You’ve successfully set up your Plus500 account . Expect a confirmation email shortly.
3. Here’s how to log in to your Plus500 account.

Visit the Plus500 homepage, click on ‘Log in’

How to Log in on Plus500

Input your email and password, then hit ‘Log in’

1. Upon your first log-in, you’ll undergo the necessary process of providing your details and uploading mandatory documents to confirm your identity. Once done, you’re all set to begin trading on Plus500.
2. To start trading, Plus500 mandates account verification, requiring specific documents. Adhering to a strict KYC (Know Your Customer) protocol , Plus500 seeks to verify personal details like birth date and other valid contacts from all its users.

For swift identity verification, upload a government-issued ID furnished with the necessary details. To confirm your residential address, you can supply a recent utility bill, bank or credit card statement, phone or internet bill, and/or a tax letter.

Verification Requirements

Some areas allow electronic verification , while others may necessitate hard copies of documents. Plus500 may also request your bank statement or front image of your credit/debit card to confirm your fund source. While this might seem taxing, it's paramount for Plus500 to comply with stringent due diligence norms to maintain its licenses and ensure user protection.

Guide on How to Purchase or Liquidate Bitcoin CFDs with Plus500

on the Plus500 platform. Before initiating your order, it's essential to confirm that enough funds are in your account.

Follow the steps below for depositing funds. The required deposit varies according to your designated payment method. For instance, opting for credit or debit cards demands a minimum deposit of €100.

Follow the below steps to buy or sell Bitcoin CFDs Log into your account, then click ‘Menu’- > Funds Management->’Deposit’.

How to Deposit Funds on Plus500

Choose your preferred payment method from the list (e.g., PayPal, Skrill, Bank Transfer, Credit/Debit card).

1. Specify your deposit amount, ensuring it falls within the designated limits on display.
2. Accurately fill in all fields. If choosing credit or debit cards, provide the card number, expiration date, and CVV.
3. A confirmation window should appear announcing ‘Your deposit was approved!‘. After factoring in your payment provider’s processing times, the funds will be credited to your Plus500 account.
4. Still signed into your account, you can now venture into buying Bitcoin CFDs on Plus500. Simply:
5. Click ‘Make a deposit’.

Here, you’ll access the complete list of cryptocurrency CFDs. Look for the Bitcoin icon and select the ‘Buy’ or ‘Sell’ option.

A prompt will appear on your screen with multiple fields. Enter the number of contracts, and set optional profit or stop-loss levels.

1. Click Trade – > Cryptocurrencies.
2. The position's required margin will be displayed. Ensure your account houses enough funds to cover the margin needed. Adjust the number of contracts as necessary.
3. Plus500 Review (2021 Update) - A Comprehensive Guide to CFD Trading on Cryptimi
4. Curious about diving into Bitcoin, Ethereum, or other digital currencies? Dive into our updated 2021 Plus500 review to learn how you can make this a reality, and explore even more opportunities!
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How to Identify the Top Trading Platforms for Your Needs

• Enjoying up to five withdrawals per month at no cost, with each additional withdrawal incurring a $10 fee thereafter.
• As a top-tier platform in CFD trading, Plus500 shines in providing access to a broad spectrum of markets such as Stocks, Indices, Forex, Digital Currencies, ETFs, Options, and Indices. Run by Plus500 Ltd, the platform operates through various subsidiaries: Plus500UK Ltd, Plus500CY Ltd, Plus500SG Pte Ltd, Plus500SEY Ltd, and Plus500AU Pty Ltd.
• Plus500 Review – Is It the Go-To Trading Platform for Novices? (Updated)
• Plus500UK Ltd is licensed and regulated by the FCA (#509909). Meanwhile, Plus500CY Ltd enjoys the oversight of CySEC (Cyprus Securities Exchange Commission), headquartered in Limassol, Cyprus. Plus500AU Pty Ltd falls under the Australian Securities and Investments Commission's regulation, carrying an ASIC license in Australia. Plus500SG Pte Ltd boasts a capital markets services license from Singapore's Monetary Authority for trading capital market products. In Israel, Plus500IL Ltd is registered and permitted to run a trading platform .
• Adhering to the UK Financial Conduct Authority’s rules on client money protection, the company doesn't utilize clients' funds for hedging or other ventures. It, instead, maintains clients’ funds in separate bank accounts , safeguarded by the Financial Services Compensation Scheme. The Plus500 CFD trading platform extends its global reach through distinct regulated subsidiaries. Its web trading platform accommodates over 30 languages comprising Spanish, French, Italian, German, and Portuguese.
• The trading ecosystem is both intuitive and user-centric, ensuring a smooth user journey. Plus500 boasts an immense suite of more than 2000 CFD instruments , spanning cryptocurrencies. This even covers a unique option to trade in the Crypto10 CFD index, tracking price shifts in the top 10 cryptocurrencies. Furthermore, the platform's free demo account grants the freedom to practice and hone trading skills without financial risk.
• The Plus500 review scrutinizes every essential component of the CFD trading platform . Though Cryptimi endeavors to present precise and current details, always cross-check with Plus500’s official site for major updates post-review.

How to Cash Out on Plus500

Plus500 asserts that every piece of personal data (credit card details, CVV, passwords, etc.) you provide is secured via SSL (Secure Socket Layer) into a safe environment. Plus500 also champions Client Money Protection by not diverting client funds towards hedging. It securely sequesters users' funds into separate bank accounts, complying with the compensation scheme requirements.

1. Plus500 facilitates trading in CFDs of all the beloved cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Moreover, it offers traders a gateway to invest in lesser-known digital assets like NEO, IOTA, and Monero. What’s more, Plus500 presents an exclusive chance to invest in the CFD known as the Crypto 10 Index .
2. Beyond just digital currency ventures, Plus500 unfolds CFD trading options across sectors like stocks, indices, forex, commodities, options, and ETFs. A full, current list of available instruments resides on their site.
3. Images displayed are purely for example purposes. The final product might differ.
4. Click ‘Open Withdrawal’.

Trading CFD on cryptocurrencies means not physically owning the asset, thus no need for a wallet for storage. Additionally, you gain the leverage advantage of 1:3 when dealing with cryptocurrencies, and a modest starting capital of just €100 is all you need.

Supported Cryptocurrencies

One more noteworthy feature is its charting prowess , which stands out in the Plus500 review. Traders who have navigated high-end platforms will find Plus500’s array of charts and analytical tools refreshingly familiar.

• Bitcoin (BTCUSD)
• Ethereum/Bitcoin (ETHBTC)
• Ethereum (ETHUSD)
• Crypto 10 Index (Crypto10)
• Litecoin (LTCUSD)
• NEO (NEOUSD)
• Ripple XRP (XRPUSD)
• IOTA (IOTUSD)
• Monero (XMRUSD)
• Stellar (XLMUSD)
• EOS (EOSUSD)
• Bitcoin Cash ABC (BABUSD)
• Cardano (ADAUSD)
• Tron (TRXUSD)

In the year 2021, the platform unveiled another substantial utility. Traders can now superimpose multiple charts on one screen , letting them juxtapose assets over varied timelines or study related assets. This is conspicuously efficient and accommodating, supporting up to nine disparate charts on a single screen.

Supported Countries

Navigation on the Plus500 trading platform is effortless and instinctive. Users can conveniently set real-time alerts for their chosen instruments’ price fluctuations. Essentially, this platform incorporates three alert types:

Supported

Price Alert - To be updated when a specific Buy or Sell price point for an instrument is achieved.

Excluded

Change (%) - To receive notifications when an instrument's price adjustment (either positive or negative) meets a set target.