Plus500: Review of the mobile app

StampPlus500* is one of the highest rated CFD trading apps on Apple`s App Store and Google Play as it is very simple to use and yet powerful in the many advanced features is offers. A trader with a Plus500 account can trade CFDs on underlying financial instruments such as Forex, Stocks, Commodities, Options and Indices. But you have to notice that your capital is at risk when a trade goes into the wrong direction. With an easy-to-use interface and fast navigation, you can now trade across multiple platforms using the same account at Plus500.

*: 81% 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.

How to download the app

Plus500 has developed an outstanding mobile application dedicated to all busy individuals who want to enjoy their trading experience on the go. With this, you are given an exclusive opportunity to trade shares across 20 global financial markets, have an access to more than 50 Forex pairs, trade commodities without commissions and trade indices with up to 1:30 leverage. In order to download their remarkable app follow the steps below:

  • Click here* and open the App Store or the Play Store on your mobile phone
  • Type Plus500 in the search box
  • When the search is complete, click download/ install
  • Start trading

*: 81% 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.

Trading Offer

By using the transparent and simple trading platform of Plus500 you can trade up to 2,000 different CFD instruments. The list of available financial assets is divided into several categories such as: shares, commodities, indices, forex, options and ETFs. The shares market offers dividends from 20 different markets and allows you to receive them as if you held the share itself. Forex trading at Plus500 is commission free and more than 50 Forex pairs are available. When trading indices you can get free real-time rates. The commodities list includes 16 different products among which the most popular ones are: oil, gold, natural gas, silver, copper, palladium and wheat. Plus500 is proud to have one of the most comprehensive lists of financial assets available on the market. In addition, if you can’t find your asset in the list you can always contact the support services. No asset is untradeable at Plus500. The trading offer is the same on the desktop version and the app.

Screenshots of the app

The first thing you notice once you download the Plus500 app is the simplicity in its design and the minimalistic approach in presenting its features. No unnecessary details are provided. The financial assets are divided in the same way as on the desktop version. Everything is clear, concise and precise.

Functionality

When it comes to functionality, Mobile Plus500 is fully functional and all features available on the desktop version can be used and enjoyed on the app too. This means you can view the full lists of financial assets to trade, you can make deposit and withdrawals, you can use the education center to learn more about trading in general and especially about CFDs on forex trading. You can follow all changes in the financial markets instantly and trade on them whenever, wherever.

Can I trade on my device?

Multiple device compatibility is the best feature regarding Mobile Plus500. All in all there are 6 different platforms, out of which 3 are desktop oriented and 3 are mobile oriented. The desktop oriented are the Windows Trader, the Web Trader and the Windows 10 Trader, whereas the platforms dedicated to mobile users are divided based on the device type.

Facts about the Operator

While the heardquarter of Plus500 is located in Isreal, they also have offices in London (Plus500 UK Ltd) and Limassol (Plus500 CY Ltd). Plus500 UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909). Investors are allowed to trade in more than 50 countries worldwide. US customers are not allowed. The operator offers two accounts types: a demo account and a live account. The demo account is dedicated to new users and it does not have an expiration date. The live account can be activated by making a minimum deposit of £100.

*: 81% 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.

FAQ

What are the features of the free demo account?

A free Demo Account features:

  • No time limit
  • Real market conditions – everything exactly as real trading conditions
  • No risk – learn all the Plus500 features without risking your capital
  • Setup, check and simulate trading strategies
  • Online help and support team backup

How is pricing regulated at Plus500?

Plus500 utilises live prices directly from the recognised market where the underlying instrument is traded. A small adjustment premium is then applied to the market mid-price to arrive at the Plus500 quoted price. Details of the adjustment can be calculated by subtracting the buy price from the sell price of the instrument.

Which are the available methods to fund your account?

  • Visa/MasterCard
  • Skrill
  • WireTransfer
  • PayPal
2 votes