Start trading the world's most popular markets by opening an account with Plus500.
79% of retail CFD accounts lose money.
The Plus500 trading platform is one of the leading providers of CFDs (Contract-for-Difference) exchange services. By signing up for an account and using the Plus500 trading app, you can trade CFDs on cryptocurrencies (Availability subject to regulations - cryptocurrencies are not available to retail clients in the UK), indices, forex and shares.
$10 to $1000 (country-specific)
77% of retail CFD accounts lose money
74.89% of retail CFD accounts lose money
Don't have a Plus500 account yet? Opening a demo account takes less than a minute!
79% of retail CFD accounts lose money.
The platform offers capabilities that make life easier for traders such as easy monitoring of profits, trading with a leverage of up to 1:30, tight spreads and more plus features like risk management and trading analysis tools. The platform charges zero commissions while producing quick and reliable execution of trades. This section will cover all the topics related to the use, features and benefits of the Plus500 Trading platform.
Illustrative prices only
First, What Is CFD Trading?
CFDs or Contract for Difference are financial instrument products that
enable customers to take advantage of all the features and benefits of
holding stock, foreign exchange, ETF, index, option, or commodity positions
without physically possessing the underlying instrument. When a trader
purchases a CFD, the difference between the quoted price and the final
price of the CFD becomes the amount to be settled, henceforth the term
"Contract for Difference" or CFD.
Simply said: A CFD is a financial derivative that is closely regulated and
observed by financial watchdogs. Traders enters into a contract with the
CFD issuer when they Buy or Sell a CFD. The contract does not involve a
purchase or sale of an asset, but rather traders potentially earn from the
price movement of that asset.
Where to Access the Plus500 Trading Platform?
The Plus500 Trading platform can be accessed on any device running on
Android and Apple systems by downloading the Plus500 app on their
smartphones, tablets or iPads. The platform can also be accessed using the
WebTrader trading browser or the Windows 10 Trader on a desktop or laptop
Getting Started with the Plus500 Trading Platform
When using the platform for the first time, you must take note of these
three most important tabs on the interface:
Trade: Clicking this tab will take you to the whole trading platform
displaying all the financial instruments available to trade. The
interface also shows each instrument's Buy and Sell prices.
Open Positions: This tab is where all your executed trade and open
positions are shown.
Orders: This is where the list of your pending orders is displayed.
Types of Plus500 Trading Accounts
The Plus500 trading platform comes with both a demo account and a live
account. The Demo account is the mirror image of the real-time trading
platform. It is created for users to practice and develop their trading
strategies. Traders — both beginners and experienced ones — can easily
switch from the Demo account to the Live Account anytime they want.
When making trades, make sure you are in the correct account
since Plus500 cannot cancel or reverse a trade made in the Live Account
that is supposed to be only tested on the Demo Account.
Assets Available in Plus500's Trading Platform
When using the Plus500 trading platform, you are introduced to a wide
variety of financial instruments to choose from. Here are the following
assets available to trade in the platform:
Forex: This include trading currency pairs using many of the world's
most trusted and popular currencies such as the United States Dollar,
Japanese Yen, the Euro, Pound Sterling, Canadian and Australian Dollar,
Swiss Franc and more.
Cryptocurrencies: When trading crypto CFDs, you don't need to use a
special wallet since you can trade cryptos by using the leverage
method. Popular cryptos offered in the platform includes Bitcoin,
Ethereum, Litecoin and more.
Commodities: This includes all the world's commodity items such as
Natural Gas, Oil, Gold, Silver and even Corn.
Shares: You can do CFD trading on every sale of shares listed on major
exchanges such as the Tokyo Stock Exchange, NASDAQ, the London Stock
Exchange and the New York Stock Exchange.
Indices: Otherwise known as the stock market index, indices are a
collection of leading industry shares within an economy such as the
FTSE 100 which represents the 100 largest companies listed on the
London Stock Exchange.
ETFs: Exchange-Traded Fund as it’s called, is a financial instrument
that allow traders to invest on a whole market via a single commodity
or stock to spread out potential rewards or risks.
Options: Options trading involves future price speculation of a
financial instrument such as a commodity and stock. Plus500 offers two
option CFDs namely Put options and Call options.
Illustrative prices only
Basic Plus500 Trading Terms You Should Know
To familiarize yourself better with the Plus500 Trading platform, you will
need to understand these basic trading terms
Bid/Ask: The "Bid" is the price at which the Plus500 trading platform
will sell you a specific financial instrument while the "Ask" is the
price that it will offer for you to buy.
Spread: The “Spread” is the price difference between the "Sell" and
"Buy" of a financial instrument at a given period of time.
Contract Size: This is the minimum unit size of a CFD contract ready to
be traded on the Plus500 trading platform.
Pip: Shortened from "Price interest point", the Pip represent the
smallest unit of change in the price of a financial instrument.
Normally, it is the last decimal in the price of an instrument.
Order: This is a request made when opening a position
at a given price. The term refers to an instruction to open a trade
when certain criteria (like a predetermined price level or percentage
change) are met. These orders are usually called limit orders. Whenever
the underlying market's price moves past a trader- specified entry
level, a limit order will be activated, providing the price at which
the position can be opened.
Now that you know more about trading with Plus500, it's high time that you open an account to get started.
79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.