PLUS 500 – A Quick Review

PLUS 500 offers something new to the world of trading. You will not have to pay commission on any of the available investment options. You will not pay commission on foreign currencies and indexes. You will also not pay commission on shares and commodities.

Each transaction that is opening in any investment channel will only be based on the spread. The account functions are very easy to understand even when you are dealing with the broker for the first time whether you are making a deposit or a withdrawal. The deposit and withdrawal process can be complete very quickly. Little paperwork is required. You will get to use one broker even when you are investing in a number of different investment channels. You can do everything at the same place.

This might already sound like a good broker however there is much more. The broker offers a trading program that will allow you to perform all of your trading activities on the same platform. Normally, you can move from one currency to another with a platform. With this particular platform, it is possible to move from one currency to another to your favorite index, then on to the share options that seem to favor you first before moving onto commodities. You can move around easily and quickly. And best of all, everything can be done on the very same screen.

This allows you to easily monitor and control all of your transactions. You will also be able to easily and quickly access real time quotes. You also have the option to trade using a Trailing Stop. You can easily concentrate on each investment channel separately. You can also check out all channels in one window. This will make your work much faster. It sill also make your trading experience much more enjoyable and efficient.

You can begin trading right now with the platform. The company is always developing and upgrading the platform to make it better. The company is working hard to make it one of the best programs in the market place today. The program in development meaning it may be lacking enough tools to meet your needs. For instance, it might not be able to satisfy your analytical needs. Therefore, you will need to use an external analytical program. After making a decision you will want to use the new program to make your transaction. Your patience with the program will be repaid once the program is completely developed.

“Demo Trading” – Yes. You will receive an unrestricted demo period. Score: 10

Initial Investment – 100$. Score: 9.5

Withdrawals and deposits from your account – PayPal, Bank transfer, Credit card. Score: 10

Spread – You will receive a specific spread of 2 to 4 PIPS on major pairs of foreign currency. The spread will remain the same during the life span of any one transaction. Score: 8.5

Stop Point – Be sure to check with the broker to see if he is giving you a stop point guarantee.

Leverage – 1:50 – indexes. 1:20 – shares. 1:200 foreign currency pairs. 1:100 – commodities. Score: 8.5

Interest – The interest will be calculated on all transactions. You can determine the time that the interest is calculated by visiting the broker’s site.

Regulation – Done in MEVIDE0CY, Larneka, Cyprus.

Trading Tools:

Professional and technical support – 24 hours a day. Score: 10

Trading courses – Basic information is available on the broker’s site.

Range of foreign currency pairs that are offered – Twenty one foreign currency pairs. Seventeen kinds of shares (Israel, United Kingdom, United States). 8 indexes. Commodities – gold, silver, oil. Score: 8

Languages – The program currently supports eight different languages but more are being added.

Bonuses and free gifts– You will be given a bonus of 20 dollars and you do not need to make a deposit. Other gifts that are monetary in nature are gifted to the trader. You will also receive bonuses when a deposit is made by you.

Downloading trading platform – The broker provides a trading program that will have to be downloaded onto your computer. The program is not complicated to use. The program will automatically monitor your progress as you trade. The program will allow you to trade foreign currencies, commodities, shares and indexes.

Advantages – This broker provides a creative and original approach to trading. The program is very easy to work with and provides a good range of shares, indexes and currency pairs. You can trader in a variety of investment channels at the same time on the same screen using this particular platform. There are no commission and calculations are made in accordance to the spread only. It is easy to understand your situation at any stage.

Disadvantages – Traders who enjoy a large variety of currency pairs, indexes and shares might not be satisfied by this particular platform. The trading program is still undergoing development and new features are being added each weaker. This particular broker does not provide any type of courses or any additional tools to traders. These things are not necessary for the average trader though.

Broker’s score: 9.2

Note: Commercial companies, businesses and brokers can change their offers, conditions and terms from time to time. It is also possible for a broker’s bonus offers to change from time to time. Therefore, in order to ensure that you know the valid offers, conditions and terms check with the broker before doing business with them.