In our Plus500 review, you will learn that Plus500 is a well-established broker that is licensed and authorised by regulatory bodies in several jurisdictions. The company is listed in London. As such, traders can trade with this company without worrying about the safety of their funds. Its main feature is that it is a platform that is easy to use, and in the past, it was easy to open an account with them.
Nonetheless, Plus500 has certain features that work against it in terms of enhancing its competitiveness in the market. To start with, it does not offer renowned trading platforms like MT4 or MT5. While its proprietary platform is easy for novice traders to use, it would be good for the company and traders alike to have popular options such as MT4 or MT5.
- Its proprietary trading platform is easy for novice traders to use
- Licensed and authorised by regulatory bodies in several jurisdictions
- No commission per trade
- No customer care hotline