Plus500 is considered to be a reliable and trustworthy UK Forex broker. Starting in 2008, this brokerage firm was one of the fastest-growing companies in the niche. Nowadays, Plus500 remains among the leading platforms in the industry offering top-notch services to clients.
Can I Trust Plus500?
This brokerage firm is located in the United Kingdom and is regulated by the local Financial Conduct Authority, which, in turn, is considered to be the strictest financial regulatory authority in this region. Nowadays, Plus500 expanded its markets providing services on various continents. The company is presented in Africa, Australia, Europe, and even in the Middle East. Plus500 owns several licenses allowing it to legally operate on those territories.
Along with licenses, Plus500 takes some obligations aimed at protecting clients’ funds. They use segregated bank accounts, prevent clients from reaching negative balances, use their own money to hedge clients’ investments, etc.
Plus500 Main features
When the question “is Plus500 regulated or not?” is no longer relevant, it is time to reveal some features that make this company reach the top end of the list of brokerage firms. First and foremost, the company offers its own proprietary trading platform. Tending to provide its customers with top-notch services, Plus500 has developed an outstanding trading terminal with the most demanded features, including various tools for technical analysis, different types of charts, a range of trading time frames, and a variety of order types.
Apart from this excellent trading platform that competes with such trading terminals as cTrader, Metatrader, and Tradingview, you can also benefit from various additional features like education and analysis materials. Plus500 attracts both novice traders and seasoned market participants. All newcomers can enjoy their educational program that includes Forex trading basics, market analysis types, trading psychology as well as money and risk management basics.
When it comes to market forecasting, you can rely on Plus500 reviews and a detailed macroeconomic calendar. Even if you don’t use news in your trading strategies, you need to take a look at the latest releases to learn where they can boost market volatility.
Along with all those benefits come full control over your positions that allow you to conduct micromanagement of your whole trading routine. You can use risk management tools as well as special alerts to stay on the edge of the latest changes in the financial markets and make timely decisions.