Plus500 has been taking the market by storm since 2008, growing their customer base larger with every year thanks to the easy market access they offer. Though their headquarters are located in Israel, they have grown to global standing with subsidiaries in the UK, Cyprus, Australia, Singapore, and Bulgaria. The increasing functionality of their platform is just one of the many perks that Plus500 offers, making trading access simple and highly mobile with a multitude of different ways to download and access your account from anywhere, at any time.
- Easy-to-use and highly accessible app
- A large host of great features
- Variation to make the product suit your unique needs
- New additions which make Plus500 competitive in any broker comparison
Info: A trader with a Plus500 account can trade CFDs on underlying financial instruments such as Forex, Stocks, Crypto currencies, Commodities, Options and Indices.
76.4% of retail investor accounts lose money when trading CFDs with this provider.
The Plus500 App: A Global Marketplace in Your Pocket
With just a quick download, the Plus500 trading app grants unlimited access to online trading services and CFDs in multiple asset classes across more than 2,000 securities. The same single screen within the app allows users access to multiple markets and provides real-time quotes for any and all products.
With notoriety as the No.1 trading platform in Europe, the app interface continues to enjoy popularity thanks to its easy-to-use elegance that makes trading ultra-portable, allowing you to trade anywhere, at any time.
The Plus500 app allows you to learn on globally popular financial instruments commission-free, so that more of your money goes back into your own pocket than when you trade with some other so-called best stock broker companies. Plus500 is well-connected, which means that in-turn you, as a user, get to experience that same benefit, including market access to buy and sell shares on CFDs on leading stock exchanges like LSE, Euronext, NYSE, and more.
By carrying your trades with you in your pocket, you’re always able to monitor your margin, equity, and balance, so you never have to worry or wonder what’s happening – you can always know.
All the Best Features
The Plus500 trading app is one of the most popular features that they offer, but another excellent service feature is the inclusive trading screen. From here traders can quickly and easily access any and all information they could possibly need, all organized under clearly defined tabs at the top of the screen indicating the full history of past trades, as well as current positions and even market capabilities for trades across a multiplicity of markets.
While the trading platform does come with charting software included, the charts are viewed individually because the software is designed to only display single graphs on the same screen. This can be a problem for some, but others report that they appreciate being able to wholly focus on one information set at a time.
With their multi-use platform, users can choose access through their laptop or desktop by download, use of a web-based version, as well as access from any other device thanks to an app version for iOs, the new Windows compatible app, the Plus500 app Android for smartphones, and even an option for the Apple watch platform.
The marketplace that Plus500 offers to its users is incredibly comprehensive, including CFD trade opportunities on commodities, cryptocurrencies, EFTs, forex, indices, options, and stocks.
More on the Plus500 Android App
In 2012 the first iteration of the Plus500 Android app was released for smartphones and tablets, and since then they have grown in global popularity thanks to the amazing access that the mobile options afford to users. The Plus500 trading app can be downloaded for support in 32 languages, including Arabic, Traditional and Simplified Chinese, Estonian, Finnish, French, German, Greek, Hebrew, Italian, Romanian, Russian, Spanish, Swedish, and more. Reportedly, two out of every five trades on the platform is undertaken by smartphone or tablet, so users that choose to invest through the mobile app know they are in good company.
The app design reads as clean and modern, the lack of clutter lending itself to beginner traders while also appealing to those with more experience. Rather than cramming in as much information as possible, the Plus500 app prizes easy functionality as its highest concern so as to maximize usability.
And because the app is so easy to use, it’s simple to implement important safety features, which includes stops and limits to protect the positions you set, known in the app as a Guaranteed Stop, as well as confidence in the Plus500 promise for negative balance protection, meaning that you will never lose more than the account balance you started trading with. The Plus500 app is just as crisp and user-friendly as the downloadable and browser versions, meaning that you will never have to choose between intuitive functionality and convenient mobile access.
New Additions for Today’s World
The world gets bigger every day, and with that comes new safety concerns. That’s why last year Plus500 rolled a more comprehensive frontline for you and your trades in the form of new alerting tools and indicators to help keep you on top of your investments in the easiest way possible.
Included in this new set of tools are:
- Daily, hourly, and 5-minutes time frame increments for instrument change percentage;
- A unique tool which shows the user the percentage of sellers and buyers of specific instruments known as Traders’ Sentiment;
- A new alert system that can be set to notify users of conditions regarding an instrument’s price, change percentage, and sentiment.
- And new this year, the Economic Calendar was introduced to the Plus500 platform, displaying major global financial events and indicators.
However, one area that some users complain of despite these new additions is the educational component of the app. While the explanations of how to actually make trades are fairly intuitive, there is not much in the platform by way of teaching technique and analysis strategies.
Trading so Easy, It’s Just a Click Away
The Plus500 trading app is downloadable for virtually every platform, but the platform can also be opened in your browser, meaning that downloading is not necessary. This perk is useful to a client who has perhaps already downloaded the app, but wishes to access their account from alternate locations, necessitating freedom from physical download while also making your account always close at hand.
Switching between platforms is easy, because Plus500 understands the busy trader’s need for a seamless experience whether from your phone, tablet, or computer. As well, for first-time traders, or even just those looking to brush up on their skills, the Plus500 app comes with a free demo function, offering you a practice ground which you can switch back and forth from. This allows you to practice and gain real-world experience for when it comes time for you to invest your own money. In either demo or live mode, trading starts with just a few clicks:
- Select the asset you wish to buy or sell
- Enter the amount you wish to invest
- Add any stop losses manually into the open window
- Start trading
The Plus500 app streamlines the trading process from step one, so that you can learn quickly and start making your money work for you, fast. All basic information that you could need to make informed is easy to access and always at your fingertips.
Safety Options and Customer Service Offerings
Plus500 cares about you and your investment, which is why common risk warnings to traders can be found throughout all applications of the platform.
Plus500UK Ltd is authorized and regulated by the Financial Conduct Authority (#509909). Plus500CY Ltd authorized & regulated by CySEC (#250/14) Plus500SG Pte Ltd, licensed by the MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018). Plus500AU Pty Ltd (ACN 153301681), licensed by: ASIC in Australia, AFSL #417727, FMA in New Zealand, FSP #486026; Authorised Financial Services Provider in South Africa, FSP #47546. The investor has no rights to the underlying assets. Trading is conducted in the form of CFDs. The investor has no rights to the underlying assets. Trading is conducted in the form of CFDs. Further information is available on the Plus500 website.
Safety and simplicity go hand-in-hand for Plus500, which is why they offer one live account type so you don’t have to make any hard decisions, not even to get started like some other platforms from broker comparison.
Additionally, the demo account that Plus500 offers is unlimited, so you never have to worry about anything while you’re learning how to trade or trying out new techniques. If you ever have any issues with your Plus500 trading app the customer service support team is reachable by phone, fax, and email 24 hours per day for 7 days per week. While there are no live chat services offered for Plus500 customers, they have a high efficient email response time of approximately 30 minutes and they have an excellent track record of responding via social media, from Facebook, to Instagram, Twitter, and even the review section of various app stores to field issues and complaints.
Financial Awareness, Financial Safety
One thing that Plus500 prides itself on it its ability to keep its customers safe by ensuring that their funds are always secure, but also that its traders are confident in their trading skills. While starting the initial trading process with Plus500 is so simple that you can sign up for a demo account in about 5 minutes, Plus500 has also taken steps to ensure regulatory compliance through MiFID testing, an EU law that allows for the harmonised regulation of investment services by having traders demonstrate financial knowledge as a way of assuring that both the company you invest in and you yourself are equally prepared to keep your money safe. And because Plus500 is regulated by the ASIC, CySEC, and FCA, customers know that they have proven reliability to back their safety measures.
As a publicly-traded and trustworthy company that spans multiple jurisdictions, Plus500 has proven through strong and dependable business practice that they offer clients secure and safe methods to trade CFDs in whatever way works best for them, from the downloadable version on the platform, to browser access, to a mobile app. Each one of these versions includes the exact same safety functions, because trading is about more than just analyze the charts – it’s about doing it the smart way.
Trade with Confidence from Anywhere
The Plus500 model is built upon the concept of super-functionality combined with the best practices to ensure that traders can work and play in the market safely and conveniently. The Plus500 platform is designed to be accessible by anyone, anywhere, thanks to the incredibly user-friendly app that can be downloaded for most any platform, including the updated Android app that was first rolled out over six years ago.
The focus on simplicity and function means that users will have no problem switching between platforms, maintaining the same level of usefulness across all iterations, offering in the single screen display a focused range of information to help guide you to the best trade techniques for you.
Any issues that customers have are resolvable thanks to the 24/7 support offered, and the safety features that Plus500 also offers ensure that traders can feel confident that their investments are always protected. While there are of course some pitfalls in the Plus500 platform, such as their lack of online messaging for service dispute resolution, the other comprehensive features that they offer allow them to call themselves a leading global brokerage and trading platform, trusted by a large base of customer support.
The clean design and demo account incentives are what attract first time users, but the flexibility of access through any device and incredible market availability is why traders continue using the Plus500 platform and app.
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