Forex spread tutorial


Plus500. About Plus500. Located in London, UK, Plus500 LTD operates its CFD (Contract for Difference) business through a group of subsidiaries. Its UK subsidiary, Plus500UK LTD, is authorised and regulated by the Financial Conduct Authority (FCA). Its Australian subsidiary is Plus500AU Pty LTD, which is regulated by the Australian Securities and Investments Commission (ASIC). The last subsidiary is Plus500CY LTD, with that beimh regulated by both the Cyprus Securities and Exchange Commission (CySEC) and the FCA. Plus500 is also traded on the London Stock Exchange. With all these regulations, you can be assured it is safe to deposit funds and to trade with Plus500, as the brand is one of the biggest names in the world of both forex trading and forex brokers. Accounts. There are two account options at Plus500. There’s a demo account, which can be opened at no cost and with no time limit, and there’s a live account that requires a minimum deposit of ?100. Customers can receive a ?20 ‘Welcome Bonus’ on any account (including a demo account), as well as receiving generous bonuses of up to ?7,000 for initial deposits. The maximum leverage for forex account is 1:100. Using margin to trade foreign exchange is considered to be a high-risk activity and therefore may not be suitable for certain investor types. Simply put, that while a useful Plus 500 tool, leverage can cause both positive and negative outcomes. Bonuses and Promotions. A great incentive for new forex trading clients is a healthy looking bonus. There are several bonuses on offer at Plus500 and they will vary from time to time in order to keep things interesting for the trader. At the time of writing this review, Plus500 is offering two different bonuses. If you are a new customer and opening an account, you will receive a generous Plus500 Deposit Bonus. This bonus will depend on the amount of funds that have been deposited. For example, if you deposit ?100, you will receive an additional ?30, with matter escalating from there. In addition to the bonuses above, there is also a Plus500 non-deposit bonus of ?20. This is credited to a trader’s account when he or she first registers. This Plus500 non-deposit bonus is great for a trader who wants to take the Plus500 trading platform for a test run prior to deciding whether or not to fully commit. Platform Features. Plus500 has a very high-quality trading platform for CFD trading. This has allowed thousands of traders around the world to trade CFDs on more than 2,000 instruments, including 50 pairs of Forex and ETFs, shares, commodities and indices, covering more than 20 global markets. Adding to that, risk management is important to a trader for peace of mind, and Plus500 offers various tools related to such for traders. You can manage your own leverage and can trade with high, low or no leverage, depending on your ‘Total Position Value’ and ‘Equity’, which is derived from depositing or withdrawing funds. These values can be viewed using the Account Snapshot page, which is accessed from the main trading window. Another tool for traders is the ability to set ‘Close at Profit’ (Limit) and ‘Close at Loss’ (Stop loss) price levels for specific instruments. These can help to limit the trader’s overall risk. In addition to these, price alerts that notify the trader when the market reaches a specific buy or sell price can be used. Unlike using a stop, a position is kept open during a price alert; allowing the trader to decide what action should be taken as the market moves. This tool is found in the ‘Instrument List’ and ‘Instrument Details’ screen, and is depicted as a bell icon. By clicking this icon, you can open the ‘Price Alert’ screen. A trailing stop is another tool offered at Plus500. This is similar to a price limit in that both are employed to protect profits. A trailing stop that is placed when a trade is opened is used to lock in profits by closing a position at the stop’s new level and not the level it was originally placed at. The result of this is that downside risk is limited without the need for having to monitor a position and adjust the stop price accordingly. Plus500 was one of the first brokers to offer leveraged trading on bitcoins. These have been available to traders as CFDs since April 2013, and were broker-offered at 1:4 leverage at the time. Client demand caused Plus500 to increase the leverage to 1:10. These bitcoin CFDs expire monthly, and are treated the same way as other Plus500 CFDs. Education. One of the areas that Plus500 seems to lack is in the trader education section. Despite giving a clear explanation of how to trade, there is no fundamental or technical analysis on offer, and no real trader education section at all. Although the charting package that is provided with the trading platform gives the novice trader enough help and guidance when it comes to both forex trading and CFD trading, if a trader wished to increase his/her knowledge of trading, it is advisable to look elsewhere for this information. Even though it lacks forex trading education, there are many freely available guides and websites on the internet for the trader to increase their knowledge. Having a more extensive education section would definitely increase Plus500’s brand value, but it certainly doesn’t bring down the overall feel of this forex broker. Deposits and Withdrawals. Depositing into an account at Plus500 can be done using a credit card (such as Visa or MasterCard), Skrill, or via a wire transfer. The quickest way to commence forex trading is by making a deposit through a Visa or MasterCard. In order to complete the deposit, the trader needs to click on ‘Funds Management’, then ‘Deposits’, and then follow the instructions accordingly. Using Skrill to make a deposit is just as easy. The trader just needs to go to the ‘Funds Management’ window in the forex trading platform, choose the Skrill option, and then enter a Skrill email address. When this is done, a new popup window will open and this is where the Skrill transfer can be confirmed. You’ll find that withdrawal matters related to both forex trading and CFD trading here are handled in surprisingly speedy fashion. Customer Support. Customer support at Plus500 is offered through email and fax in multiple languages 24 hours a day, seven days a week. Online chat is in English and other supported languages are also offered. If the chat isn’t active at the moment you need it, Plus500 customer support can still be contacted using the ‘Contact Us’ form. Unfortunately, telephone support is not yet offered. However, that doesn’t really take away from the level of customer support offered up here. Plus500 Final Thoughts. Plus500’s website is user-friendly and uncluttered, which makes for a pleasant trading experience for both the novice and expert trader. They have nearly 15 years of experience, and because of that it’s no surprise that Plus500 has expanded to become one of the top CFD trading and forex trading services (and forex brokers) on the market today. About Thomas - Slotssons. A writer and expert on online casinos at Slotssons. With a sense of humour, Thomas analyses and reviews online casinos to guide you right in the world of online gaming. ABOUT ONLINE CASINO. WHY VISIT SLOTSSONS.CO.UK. ABOUT SLOTSSONS.CO.UK. * Terms and conditions apply. Please see the reviews for more information about each promotion.

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The following table show how many trading points you will receive for each instrument by trading an amount of $1000. If you open a position on EUR/USD worth $100,000, you'll receive 10 trading points upon opening, since each $1000 trading amount is worth 0.1 trading point. Plus500 Review. Plus500UK LTD is authorised and regulated by the Financial Conduct Authority. Trading with Plus500 is not for everyone; it involves a high risk and may not be suitable for you. Take a look at the CFD services that Plus500 offers and check if this is the right broker for you. Even though Plus500 does not offer MetaTrader 4, it has valuable conditions and a great web trading platform of its own. Plus500 at a Glance. Since it was founded in 2008, Plus500 has had an enormous expansion as far as for the products they offer, the security provided for the users and enhancements of the functionalities in the web platform. This is how it became a recognised brand in the Forex market, simply by delivering Contracts For Difference. Plus500 is a publicly traded company at the stock exchange, this is certainly rare for an FX broker. Plus500 Accounts Overview. Plus500 touches upon simplicity and this is demonstrated by only having only one type of the trading account on the offer. When signing up with Plus500, you will have to make a minimum deposit of 100 USD / EUR or a similar amount in your local currency. There is also a free unlimited demo account for customers who signed up. This way Plus500 clients can enjoy while they get their funds and skills ready for trading. Plus500 has the convenience of not charging the commissions on the trades. The only cost you have to pay is the spread that starts from as low as 1 pip. Hence Plus500 will only take limited spreads for the trades they execute for their clients. Plus500 Trading Platforms. Plus500 Forex broker is the one that makes itself different from the others by developing one unique trading platform for their customers. The resources and time are reinvested in making a platform that fulfils all of the clients’ needs, making it comfortable for beginners as well. The software is compatible with practically all the devices on the market: Android, iOS, Windows and also Mac. You can use Plus500 trading platform as a browser application. The ease of access has made this broker extremely popular in Asia and Europe. At Plus500 staff believes that simple is elegant. While competitors’ platforms are full of features that add little or no value to your trading experience. Instead, this broker focuses on what you really need. This way you can access your favourite trading terminal easily, without being overwhelmed by unnecessary information. Such an approach leads trader’s efficiency, and Plus500 traders are thankful for this. Plus500 Extra Features. Plus500 does not stop at getting you a high deposit bonus when you filled your account with funds. It goes beyond that and once you have signed up, you will be given a pre-loaded account of 25 euros or 30 dollars for you to start trading right away. This way you can start trading without having a dime invested. That’s a perfect offer for the traders that want to check the trading conditions before committing their own funds. Plus500 Customer Support. Customer support executives have been heavily trained to support you in different ways and languages. This way Plus500 support offers an exceptionally fast and clear support service for you to feel confident that your issues will be well-resolved. Important announcements, price alerts and margin calls are also available with Plus500. You can request notifications once you are opening and closing positions. Plus500 Deposits and Withdrawals. By the time this review was made (Early 2015), deposits and withdrawals could have been done by credit cards, wire transfer, Skrill and PayPal. This is quite a solid choice of payment systems that offers you a wide variety of options for to manage your funds properly. Plus500 Review Conclusion. Let’s recap, Plus500 broker is offering enormous benefits for clients who sign up and trade with it. This broker even offers starting accounts with 30 dollars just for signing up. Besides bonuses, Plus500 gives you: A unique platform to simplify the user experience A small minimum deposit to begin trading Low and fixed spreads Variety of payment methods Numerous trading instruments Financial Conduct Authority regulation. These features certainly make Plus500 a good broker for you to start with! Plus500 Broker. Want to trade CFDs & Forex but don't want to deposit? let's you do it! Get the Best Free Demo account now! Best Pro Bonus. Get Secret Bonuses! Best Starting Bonus. Best Contests. Best Free Bonus. Why Trade Forex? In order to start your investment career at Forex you do not need lots of capital. Some of the brokers will allow you to start trading with as low as 5 USD. This makes makes becoming a trader highly accessible to anyone. Furthermore, Foreign exchange market works 24/5 and that will allow you to create your own trading schedule and get more time for other activities. Also, Forex trading allows easier start, fast registration and no sky-high fees on transactions. However, as FX is often done on a margin, be aware of the risks involved. Online currency trading can provide great returns, but the risks are not low too. Follow Us! Get bonuses first! Best Contests. Why Our Site? Internet is full of different pages with forex bonuses, broker reviews, cfds, stocks etc. But our webpage is here to provide you with honest and useful content. This is our main strength. Forex Trading Bonus checks and re-checks conditions of the bonuses and reputation of Forex broker, so you will have the most recent info. Furthermore, we have tutorials that should guide you through the world of Forex Bonuses. FTB - your reliable guide in the jungle of FX Bonuses. Remember, our aim is to supply you with the great content and make sure it is useful for you. We are only advising you to sign up with licensed and regulated brokers. Risk Warning. Trading Forex and CFDs is often refered to as marginal trading. You may loose more than you have deposited. Check Forex Trading Tips to avoid common mistakes. Best Deposit Bonus. How to Get a Bonus? With the amount of unreliable forex brokers, it is now as difficult as never before to find a suitable bonus for a novice trader. This is why many ForexTradingBonus reviews are so much handy nowadays. At our site you can find not only an explanation of the bonus, but also its fair assessment and a powerful guideline how to obtain it. In addition to this, our team often goes through recent changes in the performance of Forex brokers, so you will have the most recent information about their promotions. With the help of our webpage you can get a proper bonus no matter how experienced your are. Check our offers for more! Privacy Policy. Our website cares about your private data. We want you to know exactly how, so be sure to read our Privacy Policy and understand how we treat your data. We will never spam you. Best Forex Brokers. FX Broker vs FX Bonus. Due to high popularity of Forex Trading, the amount of new Forex brokers raised tremendously in the last couple of years. And since they want to get bigger share of the market, the broker have to give something to sustain a constant growth of clients. So, in most of the cases your will be able to get the best Forex trading bonus from the new coming brokers. Many Forex brokers that have a good reputation do not need to offer you high deposit bonus deals in order to grab your attention. ForexTradingBonus reviews deals from all brokers and presents you only valuable ones. We are also providing powerful broker reviews. Get in touch with us. Forex Trading Bonus is a website which includes reviews of the best Forex bonuses and reviews of existing brokers. This website is a guide for people that want to use Forex Bonus Trading as a tool for success. We highlight that bonus offers are provided by forex brokers and Forex Trading Bonus is not responsible for any inconveniences or changes that were made to the bonuses. Our mission is to provide our users with honest and valuable reviews of the forex brokers and their bonuses, so you will recognize whom you should trust and who is real scam. Our website strives to bring the most fresh and valuable deals to your attention. Be aware, that forex trading and trading forex bonus are risky and can cause losses of money that you deposited. Forex trading is not for everyone and it is better to consult with financial specialists before starting to trade. The decision to trade is fully yours and even though we provide you with trading offers, they should not be taken as a reason for money deposits and beginning of your trading. If you are trading Forex with some of the brokers that do not offer negative balance protection, you can loose more that your deposit is worth and nobody, except you, will be responsible for your loses. © 2015 Forex Trading Bonus. All Rights Reserved.