I encounter good services with this broker. Customer service always attends to concerns promptly. Withdrawals are always smooth and easy. Fantastic broker company. Services are really pleasant and there are so many ways to earn money. Transparent and respectful brokers. Their support has always been good in helping me. I gain profit from my trades, too. They are indeed, a good broker company.
When I started trading forex, transactions could be done over the phone. For more than ten years I have been spinning in this world. During all this time, I have not met with any Forex kitchens! Of course, I knew about Plus500 for a long time, but somehow I didn’t go in. Then I saw an ad and decided to register. I opened a regular account with them. I prefer long term trading. I study fundamental and technical analysis, despite my previous experience - yes, you need to do this all the time. A broker, in general, makes it possible to trade profitably. They comply with trading conditions. I read many reviews from those traders who left, and then returned to this broker again. Well, that probably means something! Sometimes it's not the broker's fault, but the wrong approach.
In general, it is possible to earn profit with the Plus500 broker. Over the past six months, I have already managed to get more than $ 5,000 - of course, not without loss. There were ups and downs. But no one canceled the psychology in trading. I trade calmly. If you set a goal, then it is quite possible to achieve it. I traded both stocks and crypto. Tried different methods, strategies. I also installed the robot, by the way it brought a good profit - from $ 500 it dispersed to $ 1500 in a couple of weeks. In general, the broker is good, so I continue to trade further.
I had a position on the natural gas, after a while i got into margin call, so I deposited funds and did a buy and sell position, after a week everything worked out a planned and I made a nice amount. after that same thing happend to me on nasdaq 100, but this time, as plus500 are not stupid, they did not allow me to deposit any funds not for the margin and not for the edging position, 100% scammers, do not use them no matter what, eventually you will lose your money, they will do whatever in their power for you to lose it, I am 100% sure about this as someone who dealt with a lot of scammers and cfds, this is a scam be aware!
Not recommended. very high spread and seems manipulated at time.
I would thoroughly discourage anyone using this platform. They are an OTC broker, so no third party, your contract is purely with them, and they admit they "set their own market rates, based on third party sources". I had 2 but trades, that on all reputable markets went up, plus500 claimed the markets went down (actually dropped violently 1 minute after I bought it), and their app seems to lag or freeze so you can't be exit before a margin call. You've been warned
Plus500 are regulated but don't be fooled by that. Plus500 will freeze their platform and this stops traders from being able to manage their trades. They do this if a price suddenly goes up or down. They manipulate their platform for their own gains and the loss of their traders. This is just one example of their underhand platform manipulation. They have been accused of this before and they cannot give a clear reason for it. And the reason for that is, they know they're in the wrong. Stay away from them and if you have lost your money through their underhand practices report them to your countries regulator.
