Founded: 2008
Min. Deposit: $100
Owner: Plus500 LTD
Location: UK

Plus500 is an online trading provider specializing primarily in the forex market. Plus500 is a public company listed on the London Stock Exchange and offers a complete integrated multi asset software trading platform. Investors trade commodities, stocks, indices, ETFs and CFDs, all from the same trading platform.

Pros:
  • Unlimited use of Demo account
  • Multi-language website
  • Fully regulated

Cons:
  • No live chat

Trading Platform
The company has 3 platforms: web-based, downloadable and mobile. The powerful software offers an all inclusive trading screen with clearly labelled tabs on top for details on past trades and current positions, as well as multiple market trading capabilities.

Features
This brokerage firm provides a vast choice of markets to select from such as Forex, Indices, Shares and Commodities. Plus500 offers a $20 welcome bonus on all accounts, including the demo account and bonuses of up to $7,000 for first deposit. Leverage for forex accounts is a maximum of 50:1.

Customer Service
E-mail and fax support in multiple languages are available 24/7. Live support is offered on the website, as well as toll-free numbers that traders can use in order to get a hold of their personal account manager.

Closing thoughts
With almost fifteen years of experience, this broker is the complete package. New traders can take advantage of the unlimited use of the demo account, while experienced traders can take advantage of tight dealing spreads and the generous bonuses offered when initially funding the account.