Understanding the Plus500 Trading Platform
Forex trading platforms are complex mechanisms allowing for a large number of currency, commodity and metal trades. In the virtual world, Plus500 ranks as one of the finer custom forex trading platforms owing to its user-friendliness, range of operations and 24-hour attention-to-detail.
When it comes to top-performing trading platforms, then Plus500 is indeed a name to be reckoned with. It provides forex traders with a range of options include a minimum deposit amount of $100 and a minimum lot size of 1,000. The leverage potential is 1 to 50 and although it pales in comparison to AvaFX (1 to 200), the Plus500 trading platform does provide users with significant leveraging potential. The spread is fixed at 2 pips for traders and deposits and withdrawals can be effected by way of credit cards and bank wire transactions. The good news for traders seeking a regulated online trading authority is that Plus500 is indeed regulated by the UK’s FSA.
The Plus500 trading platform is easily setup in 4 easy steps…
Users start by clicking to download the trading software, saving the file, double-clicking the file name to install and then approving the security warning to allow the Plus500 platform to kick into high gear and start operating online. The site is secured by Secure Socket Layer (SSL) technology and users of the trading platform are able to make deposits via multiple online payments processing methods such as Visa, MasterCard, Maestro, Diners Club, PayPal and MoneyBookers.
Financial instruments at Plus500 include Stocks, ETFs, Forex, Indices and Commodities. Plus all new traders are able to access a free demo account – where play-money trades can be attempted, a sign-up bonus offer for traders and a fully comprehensive ‘Learn How to Trade’ instructional manual for all newbies. The Plus500 trading platform is certainly a quality addition to the online forex trading arena.
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