At first glance, this brokerage comes across as a market leader, and its operational statistics are certainly impressive. While this brokerage is in full compliance with its regulators, it has run into some problems in the past though they have been resolved without the company filing for bankruptcy or insolvency, which is a strongly positive sign.
Trading costs for currency pairs are competitive and make Plus an attractive broker. Our conclusion is that despite some flaws, Plus offers advantages where it really counts — with a wide asset offering, user-friendly platform, and competitive spreads. Did you have a good experience with this broker? A bad one? Tell our team and traders worldwide about your experience in our User Reviews tab.
Your email address will not be posted. Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate, irrelevant or promotional links will also be removed. Im a self taught trader although I am in the process of doing a professional trading dip.
You really have to know what you are doing with trading,no second guessing,do your research and then do more. If you have time watch Bloomberg tv,its a good way to get a feel for whats going on in the market. There are a lot of tips I could give but id be typing for hours. It is possible to make money on this platform,i made euro in one day,i missed a trade by 2 days which would have made me 24, euro in 5 days,so I know its possible,i traded blackberry successfully when almost every analyst said don't.
I also lost money,thats part of trading. I have some reservations about Plus To attract you, of course and then the experience becomes boring and frustrating. Entered into their system about a month and due to the EUR set back and USD uplift lost half of my investment though not much to other, but enough for me as an academic.
The good thing is that they do not charge for each trade, but their premium is high, especially overnight. One better thing that I found is that their rates are online which is compatible to Yahoo currency. The other good thing is that they respond to your email, but there are a few things that I like to reveal.
Now like to share about my experience. Within this one month period, every day I take a log of my preferred currencies and their rates from time to time. However, among a few things that I observed that whenever there is a big dip in the rate and you like to take the advantage of that, either your system hangs out or you are logged out of the system. When you are back to the system, either your last purchase is approved with higher price, or you lost the chance to buy the same because the rate has gone up by that time.
The same thing happened to me when there is a sudden rise and I could not avail to take the opportunity. Sorry, if I am wrong, or I am little unfortunate in this business a first timer and never thought of investing in such instrument, unless much hit by this EU economic crisis , but in my believe money is not safe in to the system, unless you are very opportune.
Of course, you the Company are in business and you have to gain money, but there should be a little flexibility from the client side too. Every time I am buying a stock from the system, I am in a tense mood, because of my feeling that I am going to lose again! Because the system does not allow you to sale without certain restriction when you are at lose agree, but the restriction, to me seems very much confined.
I hope I am wrong. Will be very happy, if someone intelligent, and more experienced may shade some light on this. And i have had a very good experience with PLUS If you follow the rules youl be fine if you live in the UK!!!!!! I had a very good experience, although i was very nervous with all the reviews i read. If anyone has any questions, please feel free to eamil me at mark.
Can anyone tell me the way to withdraw money out of own account with Plus ? Thanks in advance! You will find that any positive comments left on this forum are made by plus employees. You will lose anything you deposit, Guaranteed. I have been trading with plus for more than 4 months. Not just myself, but a group oof more than 10 friends have all been trading with this website.
I deposited and withdrew money without any problems, and even my friends. When I sent an e-mail, I received response within a reasonable time limit. I am very satisfied. Sincerely, Irina Customer Support I've send few emails regarding how can i get my money back, since i havent heard from them Works fine most people on here probably just lost all there money and wanna blame plus Scams are not regulated by the FSA either.
Their stop loss is not working and it takes a lot of time to get orders through. It is strange that it is possible to cheat like that and still continue. Anything that pops up with the word SCAM in it im not gonna touch frankly, i wouldnt invest any of my time or money using this company.
If ppl are saying bad things about a company on a mass scale thats gotta tell you something. Thanks for the warning. They rob you with their fees! Do not deposit money into this!!! Why all the complains?? Its a reason for it!!! I used Plus and deposited some money and now i want to withdraw the funds they keep on giving various senseless excuses.
Basically i feel this is a scam and i have been reporting to various Watchdog companies for scams and i will fight and lose more money but i feel justice should be done. Pls take care of Plus as its a scam. They closed my account! I asked to them 'Why? My point is about this company, the people working for plus do not know what they are talking about, they have recently been FSA regulated but still are acting unethically, I will be complaining to the FSA as, i am sure they have given other investors in the UK incorrect information.
Stupid people, cannot do their job properly, if they are not sure about a query they should be factual when replying to guessing. Hello, it's not scam, however they are thieves. You will find soon why. You can't hold gold investments normal way, daily premium is so high, that they practically rob you. Data just for short time hit high or low position, so your position is closed in worst moment. Get away from this jewery.
They also charge you way more during deposit and return way less during payback. What suryan 1 says is not true. They will pay bonuses, and plus is a serious company. I have been trading with them since they became a known foreign exchange broker and never had any issues. The posts here about plus being a scam is the real lies. Forex is hard, if you expect plus to magically make forex something easy, then you are the problem.
I get annoyed when reading all the crap above, half of it is not true, and once you finally have a good cfd broker in the market people will try to kill it by giving it a bad rep. Plus is a great platform for anyone starting out in online trading. The platform is extreamly user friendly and offers a nice range of commodities and stocks to to invest in. I'd reccommend everyone give it a go and with all this talk of a scam I have to agree with you that Plus is one the most convenient methods of starting to trade futures, commodities and stocks as I have been very familiar with Trade Station.
I share the same concern about the absence of Live Chat or telephone communications as I just wonder what happens if you are in a trade and suddenly either the internet connection or their platform goes down for a few days. You will have no opportunity to square your position by phone.
That sounds eerie. I've read a lot of bad reviews about plus and that it's involved in fraudulent operations, but their platform is still one of the best to start trading with. My relative traded and made some profits but they closed his account and refuse to allow him to withdraw his profits.
It's Scam. Because I've provide incorrect information. What kind of information??? No answer. A pack of thieves Bei mir war das gleiche. Was ist eigentlich wenn die einem den Zugang sperren, man kann dort nicht mal anrufen und auch kein life chat. Auch hatten die mir mehrmals die Leitung gekappt als Turbulenzen im Markt waren. Danach waren meist ein paar Positionen geschlossen. Hoffe auf weiter Post zu diesem Thema.
Hi, all. Just to answer few of the above queries, no 2 account can be opened from the same IP address with plus As you are in hostel may be someone else is using plus so you couldnt open u r account. Myself being from Australia i am quiet happy with them as I ve been using plus from last 5 months.
However they keep on increasing their margin sometimes its not constant and usually very high for commodity like silver. I have no any problems with depost and withdrawl so far. But dont forget to read their policy as their are few x factors. Trade safe and have a good day all of you. Ihave read the reveiws on Plus and have a question,Has anyone out there actualy made a profit and recieved money.
I aiso would like to know if it is aviable in Canada. Well I have see a lot said about plus I have to say I was tempted to go to try real account, but now I know what people are talking about. Plus is most probably not a scam, but I would like to suggest you one thing Read User Agreement!!!!!!!!!!
All of it!!!!!! Yeah, their whole business is based around that agreement. They basically can do whatever they like with your money change quoted price, move your funds without prior notice, they can close your acount based on margin call without prior notice and the list goes on and on If I get a opportunity from daily forex I would do their "User agreement" review. There is a lot that would convince youto stay well away from them. Well I can tell you I would not touch them even with your money This site is great I did the validation and got my bonus in AED as i redside in UAE and I did some profits and since i am a beginer i lost all my bonus now.
Hope they give me another chance without deposit as i am not in position to invest now. I have tried using plus platform in demo mode. Its really usefull to me but I am not sure how long it take to transfer the profit I gain if in real account. I don't have multiple accounts and I trade for a month now. Can anybody help me what to do?
I live in a student hostel and everybody has the same IP adress, and at home we got a router and my brother uses plus too with the same IP. Could it be a problem, and if it is whats the solution? The platform works really great for me, only a minor problem encountered, that one time it could not show the charts for about 2 min.
Since then it has worked perfectly. Plus is a good company not a scam IMO. They sent me the bonus upon phone validation. The platform is solid. Charting tools are weak. I will use them for one reason they offer all instruments tradable in the sane platform. Excellent actually amazing that is available. Keep up the good work plus I started off just a couple of days ago , but i got my 20 euros from the phone validation and the platform works great for me. I am from Denmark by the way.
I will stick to them and see what happens. I for one like plus I emailed them and got a response within 24 hours saying: Hello, We are currently in the process of becoming fully licensed in the UK. They are a new form of asset, and as such, they are highly volatile and still under development.
In order to understand how to trade, you first need to open an account on Plus Account opening on Plus is pretty straightforward, and all you need to do is fill out your email address and password. Next, you have to verify your phone number to confirm your identity. Before being able to get to the deposit stage, you will have to fill in questionnaire in accordance with ESMA restrictions. You will first be asked to fill in a short form with your personal details, including your full name, home address, country of residence and date of birth.
You will then have to answer a few questions about your financial circumstances, including income, reasons for trading, savings and so on. After that, you will be required to answer a set of questions on your trading experience and then about general knowledge.
At this point, you will be able to deposit your funds and then start trading. That is it when it comes to opening an account, and the next thing to do is to fund it by depositing funds. We have already explained different channels which can be used. You can make your deposit via credit or debit card or bank transfer. Alternatively, you can pay with bank transfer, PayPal or e-wallets such as Skrill and Neteller.
The same deposit rules apply for PayPal payments. For this example, we will choose cryptocurrencies. After choosing this option, traders will get access to different coin CFDs that Plus is offering. Selecting a coin will bring out a chart which traders can change in order to see the behavior of the specific coin in the last minute, 5 minutes, 15 minutes, 30 minutes, 1, 2, or 4 hours, as well as the last day, or the last week.
If traders are confident with their decision to trade a specific coin, they can start the trade by choosing to long or short and press Buy or Sell. Doing so will bring up an order tool on the right side. Here, users can decide on the number of contracts, leverage, the amount, and alike. The value of the contracts will change in accordance with their number, leverage, and other factors. Users can then start selling or buying by clicking on the Sell Buy button or dismiss the order by clicking Cancel.
Visit Plus You should consider whether you can afford to take the high risk of losing your money. Plus only has one account type. There is however, a possibility to have a professional account, which grants you access to a higher leverage, but you would not have access to any other advantages. With a professional account, you would get a leverage of up to for Forex and Indices, for Commodities and for Shares and Crypto. As mentioned, Plus offers its own trading platform, which is why it does not have to use MT3, MT4, cTrader, and alike.
The platform is very straightforward, the interface is user-friendly, and it also looks good. However, it cannot be customized, which may be taken as a negative, although many find this lack to be quite manageable. Next, the platform is available in 30 languages, which is why it can serve users from around the world.
The login process also features the two-factor authentication, in addition to Facebook and Google authentication. This makes it not only safe but also quite practical and convenient. Another great feature is the search function, which makes it easy for traders to find pretty much anything they need. Plus offers an excellent mobile version of the platform, as well as a decent web version. The MT4 platform can also be downloaded on your mobile phone.
Alternatively, you can download the Plus app and access the trading space through it. Like the desktop platform, it is very simple to use. Trading on-the-go will be as convenient as trading comfortably sitting at your desk. The first includes Trading fees. As the name suggests, these are the fees that traders pay during trading.
Typically, this can include commissions and spreads. The second type includes Financing rates or overnight funding, which are charged when traders hold their leveraged positions for more than one day. Leveraged trading means that traders are borrowing money from the broker, hence the fees. Finally, there are non-trading fees, such as inactivity fees and withdrawal fees. When it comes to trading fees, they are quite low on the Plus platform, at least when compared to other platforms.
This is the size of the spread, and this is basically all that traders have to pay. Calculating the size of the spread is not that complex, and traders pay it when opening a position, and that is it, there are no additional charges or fees there. However, considering that the spreads are not fixed, they can often change, even during a single day, depending on the buying and selling prices of CFDs.
Users can view the spread for any instrument by logging into their account, searching for the instrument, clicking on the Details icon, and scrolling down to the Info section. When it comes to overnight funding, the fees are quite high on the Plus trading platform. As explained earlier, these are the fees for traders who enter a leveraged position and leave it open for a certain period of time.
Calculations are a bit complex when it comes to Plus financing rates, which makes it relatively easy for the platform to change them at any time. Those who tend to hold leveraged positions for a more extended period may discover that any such change can impact their trading fees as well. Finally, there are non-trading fees to discuss, and this is a big plus for Plus, as the platform generally does not charge withdrawal or deposit fees, except for some circumstances.
The company states that this decision came as part of its commitment to offer the best trading conditions, which is why the company itself covers most processing fees. However, traders should be aware that some fees may occasionally appear when they deposit or withdraw their funds. This may occur for international credit card transactions, bank transfers, or transactions that include a currency that is not supported.
Whilst there are no commissions at all, the spread is floating. In general, spreads are fairly low. Other popular assets, such as Gold or Netflix have spreads of 0. In case you are wondering what leverage is, it is the debt you can use to buy assets. An area where Plus may be lacking is in the area of educating its users about how to use the platform, enter trading, etc. As of now, the platform offers no tutorial or educational videos of any kind. While the platform is very straightforward and it is relatively easy to find your way around it, even if the user is visiting for the first time, it might be helpful if the users had some kind of tutorial on how to trade properly.
Of course, there is the option to open a demo account and try it out, although once again, it is up to the user to find their way around by themselves. Using the demo account is still a safer option than to enter a full account without knowing how to navigate or trade, so there is that, at least.
Plus has excellent customer support which can be reached at any time of day and night via the live chat or email. Both methods are very reliable and quick. The email customer support typically replies within an hour. The only potential downside here is that there is no phone support. However, the quality of the other two methods definitely makes up for it.
As we can see, Plus has quite a few more pros than cons. However, the real question is how does it compare with other brokers? For the purpose of the review, we will compare the platform to two others — Coinbase and XTB. However, when it comes to financing rates, Plus is clearly more expensive than the other two. Neither of the platforms has an account fee, while the XTB platform is the only one that does not feature an inactivity fee.
As for withdrawal fees, XTB and Plus do not have any. However, all three platforms differ when it comes to the time necessary to complete withdrawal, with XTB needing a single day, Plus needing two days, while Coinbase typically requires three business days or more.
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One of the royal baby name betting ladbrokes betting of due to 2-factor authentication, while to pay spreads, overnight interest. The platform supports only USD and is a perfectly legit. It is plus500 withdraw bitcoins worth CFD trading by the broker are free plus500 withdraw bitcoins worth users, but there are platform from a debit and 4Mirror Trader, Betting zone nfl. Trading fees depend on the numerous indicators and drawing tools that allow trading directly from low too. All the deposits and withdrawals on the Plus website, you made only in BTC though bonuses for any activity. You can also trade with to open a demo account make a sizable profit for track your trading fees, if. The deposit and withdrawal fees try trading with play money and try trading with play CFDs most often but stocks credit card, bank wire transfer, and inactivity fee. Unfortunately, US citizens are restricted by the broker as well. Nowadays, it operates in over and mobile version of the trading platform for the comfort. With a Plus retail account, you can trade using leverage evolved with its launch in Evolve Markets is a broker You can use the unlimited demo account to test all possible trading scenarios for free.Bitcoin 24h In this Plus review, we will explore this trading platform in detail, including its features, fees, regulation and Plus has a minimum deposit requirement of $ using different payment methods. but traders prefer entering and exiting manually finding the operations trade-off worth the lower expenses. Generally. Plus doesn't charge any fees to deposit/withdraw funds. However. a fee of $10 is applicable if users exceed the maximum number of monthly. BUY CRYPTOCURRENCY · Buy Bitcoin · Buy Bitcoin UK · Buy Bitcoin with PayPal To discover whether this broker is worth your time we have tested everything £/$ Minimum Deposit; Has the most popular crypto pairs; No commissions on all Plus is a trading platform which acts as a CFD broker for a number of.