Traders can best Plus500 review to trade a wide range of assets and instruments – from forex (currencies) to cryptocurrencies like Bitcoin and Ethereum as well as shares, options and commodities including corn and oil. The web platform is clean and intuitive with a great range of tools and features to help you get the most out of trading. It’s also available on mobile – both iOS and Android.
In the News and Market Insights section there are daily articles and a handful of videos (though these can feel a little basic when compared to some of the best brokers in this category). There’s also a handy +Insights feature that provides up-to-date trading insights using data from Plus500’s 24 million traders – for example, which stocks are currently most shorted or most popular with investors.
Another plus is the ability to set trailing stops and guaranteed stop losses (GSLO) – which are great risk management tools for casual traders – and the option of using CFDs on options – call and put – which work similar to exchange-traded standard options, but are cash settled and don’t give you the right to exercise the underlying asset if the price moves in your favour. However, Plus500 doesn’t offer MetaTrader, algo trading or social copy trading.
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Traders can rest assured that Plus500 is regulated by multiple global regulators and is a publicly traded company, meaning it has high levels of transparency around fees, background information and other matters of importance to its customers. It also offers a number of different compensation measures in the event of a technical error or malfunction.