![]() ![]() Plus500 does not offer access to platforms like MetaTrader, but it does have a proprietary platform called Web Trader that is simple and easy to use with a range of charting options and trading tools. The trading fees are about average, so there is not too much cost involved with making trades or maintaining an account at Plus500. The minimum deposit is quite high, however, at £100. You can trade using its proprietary platform, which is available as a desktop download, a web trader and a useful, well-designed and streamlined mobile app.ĭeposits and withdrawals are fast and free, and you can use a bank transfer, eWallets, and credit or debit cards to fund your account. Plus500 offers CFDs, 71 forex pairs and stocks. Plus500 was founded in 2008, and is considered to be a high-trust broker because not only is it regulated by top-tier bodies like the FCA in the UK and ASIC in Australia, but it is also listed on the London Stock Exchange. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74% of retail investor accounts lose money when trading CFDs with this provider. The more experienced trader will enjoy a huge range of research resources, including trading signals, technical analysis, details about different instruments, and even a heat map and market sentiments.ĬFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. There is a fully functional demo account so beginners can practice strategies and get used to using the platforms. XTB is a great choice for beginners thanks to the huge range of educational materials, categorized by level (beginner, intermediate and advanced) and the customer service options that are available only on weekdays. Traders can easily open an account online and can choose between the commission-free Standard account or the Pro account that includes tighter spreads, but there is a commission that needs to be paid on all trades.ĭeciding what platform to use to make your trades depends on your location – in most countries, you can choose MetaTrader 4 or the proprietary platform xStation (although MT4 is not available to UK customers). XTB offers investors and traders the opportunity to trade commodities, stocks, metals, forex, indices and cryptocurrencies, as well as ETFs and CFDs, and it is regulated in top-tier jurisdictions by FCA (Financial Conduct Authority), CySEC, IFSEC and KNF. The registered office is in Canary Wharf, London. As a broker that you can trust, XTB is both well-regulated and listed on the stock exchange. ![]()
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