* Plus500 is a CFDs service
Trading Forex with Plus500 is an easy way to trade binary options. Plus500 is based in the United Kingdom and available in most countries worldwide. The platform is web based as well as being downloadable for standalone use and a mobile version, allowing traders to use the service on any mobile device that has an Internet connection and a web browser. The mobile app is useful and ideal for movers and shakers who are on the go, but want to keep up with trading.
The trading program is user friendly, allowing traders to be up and running and making trades in a short period of time. The Plus500 tool bar contains all the necessary information and links in a drop down menu format. The tool bar contains a trade bar to show your trades that are in progress. The toolbar also shows your profits and available funding for future trades. Plus500 has a streamlined platform to show everything on one screen and is organized logically.Click Here For another in-depth Plus500 review
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The Plus500 platform has minimized the risk involved in trading binary options. Traders should always be aware there is risk to any kind of trading no matter how much risk minimization claim is involved. With some knowledge and experience, using the Plus500 platform will prove to be successful, but not 100% of the time.
Plus500 offers a demonstration account with a time limit, but no cost involved. This gives the trader the opportunity to give the program a whirl and see how well they can make it spin. The trader uses virtual money, giving the demo a sense of realism. When you are ready to begin trading with your own money, setting up an account takes just a few minutes. Accounts can be funded with credit card, PayPal and selected wire transfer. Accounts can be funded with as little as $100. Plus500 can trade currencies, stocks, CFD’s, oil and indices.
Requesting a payout is easy, as long as the necessary documentation has been submitted to verify identification. All the necessary information can be submitted online in image files, such as tif and jpeg or pdf or doc file. The information is reviewed by Plus500 within 24 hours. Once the information is verified, the withdrawal process will begin. The information just has to be verified once unless there is a change. The withdrawal is sent via the same method as the funding. If Funds are from PayPal, withdrawal is returned to PayPal.