Plus Review Instrument Variety Leverage: There are disadvantages like banned scalping, and limited platform support only the Plus Platform can be used. There are advantages like a no-deposit bonus, strong reputation, fair margins, and UK HQ. Overall it's a very solid choice for those not particularly interested in scalping, or looking for brokers that forex with a multitude of platforms. The Plus software is perfectly functional allowing a trader to open and close positions, it is somewhat lacking. It should be noted that at the present time there is no support for any type of social trading at Plus You can read more about the trading here: Plus Trading Platform Review. So this may put off short term or arbitrage traders from depositing with Plus The leverage on offer is rather limited in comparison to some other brokerages who offer far in excess of the leverage offered by Plus50o. However, not all traders desire the high leverage offered by some brokerages as high leverage increases both potential risk and rewards. You would have to trade huge volumes in order to eventually become eligible for withdrawl. You can read more about the terms and conditions of Plus No Deposit Bonus here. Plus offers a pretty comprehensive range of currency pairings including a number of quite exotic currency pairings. This is what I see as the main strength of their offering. However, a wider range of contact methods would be something that many customers would surely appreciate. Plus were fined in late for failing to report certain reportable transactions to the UK regulator in a timely and accurate manner. This has certainly no been good for the companies reputation but the said regulatory breaches were not believed to have affected any customers trading experience. In Australia where Plus is regulated by ASIC the company currently has a clean regulatory record. Plusmay be a good option for people who plus500 to trade certain exotic instruments. Despite these factors the brokerage may still be a good option for particular traders, and in particular from the UK. What did you think of our Plus review? If you have experience with Plus or have questions please feel free to write in the comments below. Plus Platform Review Many CFD brokerages offer a variety of third party platforms to plus500 clients, with platforms like MetaTrader and cTrader being particularly popular. Recent months have seen a number of big names add the MetaTrader platform to their offering, in order to attract customers who are keen to use the hugely popular platform. Plus has taken a different approach, authorised and regulated by the Financial Conduct Authority, the CFD brokerage only offers their own proprietary platform to prospective customers. Those who wish to trade with Plus have no other option than to use the Plus trader platform. Today, we are going to take a look at the Plus platform and see how it compares with other major trading platforms. Plus, is a CFD Service. Contracts-For-Difference, are a financial derivative that allow individuals to speculate on financial instruments without owning the underlying asset. When depositing with Plus, it is important to be aware that that your capital is at risk. The platform has a sleek and crisp design which is easy on the eyes. While the design of the platform is hardly breathtaking, it is clean and functional which is all that is really needed. If you are looking for a particular asset, it is possible to use the search bar to direct yourself to the scalping in question. The search function is much improved on earlier versions, and is quicker than navigating through various sections and sub-sections to find the instrument you are looking for. Once you have found the instrument you are looking for clicking the Details button will bring up additional details about the instrument. This screen lets you see the max leverage available, overnight premiums and other important information about the particular instrument. In addition to Stop-losses and Take profits, traders can also set up trailing stops and pending orders. Once opened positions can be managed in the Open positions tab with it being easy to close or modify positions. Placing trades on the Plus platform is simple enough and traders should be able to get the hang of it, with a little practice. Charts are available for all the assets featured on the platform, with traders being able to opt for charts to be displayed in line or candlestick format. A drop down menu makes it possible to change the time frame displayed, with the platform supporting a decent range of timeframes. It is plus500 possible to zoom in and out on the charts, using the zoom buttons. My main concern regarding charting on the platform is that the charts are rather grating on the eyes and are not particularly easy to read even when maximised. The charting area is also rather small when you compare the Plus platform with some of its competitors. Adding indicators to various instruments on the platform is simple. The setup indicators tab allows users to setup a decent range of technical indicators, by simply moving the indicator they want to use over into the active indicators column. Users can adjust the calculation period and set the method of calculation when possible. Setting up indicators and removing indicators is easy and less experienced traders should have little trouble setting up technical indicators. But again the rather garish nature of the charts makes reading indicators tougher than it should be. I would definitely have to say that I prefer other platforms when it comes to charting. One solution might be to use a separate charting program and simply place trades on the Plus platform. The platform is rather light when it comes to unique selling points. While it is possible to do all the standard account management stuff, there is little if anything that sets the trading platform apart from its competitors. For instance there is no support for those wanting to create or implement automatic trading strategies. The Plus platform is functional and allows scalping to trade a wide range of assets. The platform is lacking when it comes charting and unique features. The biggest selling point of the Plus brand is the ability to trade a wide range of instruments all in one place, with many traders being less concerned with the quality of the platform. Plus does risk being left behind with many other CFD brokerages offering MetaTrader and other popular platforms to their clients. Overall, the Plus platform is unremarkable but functional and will appeal to those who want to manually trade a range of different markets using a single account and platform. Why is Plus an exception? Plus is a market maker as far as I am aware. While forex market makers do allow for scalping, there are a few exceptions. I believe that Plus only engages in limited hedging and has a rather slow price feed, which only updates around every second. This could allow traders to arbitrage the brokerage. Sorry to hear about your experiences with Plus! I hope that you find a brokerage which suits your needs better. I deposited and withdrew fine, I like the huge selection of different instruments available on the platform. Just avoiding scalping seems to be the key, which I made sure I did. Hi Imran, I do not work for Plus, so I will be unable to help you with whatever issues you have. I might be able to direct you in the right direction, should you explain what the issue is. Plus is not a scam, but scalping is not allowed in other words making small profit in small changes in the market is not allowed. The trading conditions at the brokerage are not the best around and it is probably why there are so many complaints forex the brokerage. You must have a different understanding of the acronym. Your email address will not be published. Leave this field empty. Bottom Line There are disadvantages like banned scalping, and limited platform support only the Plus Platform can be used. July 10, at 9: July 11, at 6: September 24, at 5: September 24, at 7: October 11, at February 15, at 1: February 15, at 2: August 26, at August 26, at 8: September 10, at 8: Sorry Ed but plus is NOT CFD, read the agreement more carefully! September 12, at 8: FCA and Forex - The FX View. Islamic Forex Accounts - The FX View. What is an A-book and B-book in Forex? Forex No Deposit Bonuses: Do they live up to the hype? Leave a Reply Cancel reply Your email address will not be published. All recommended firms on this website are supervised by one or more of the following regulatory bodies: Zulutrade Review Social Trading XM. Learn to analyze Forex like the pros with our comprehensive guide to technical and fundamental analysis: June 16, 2: High -leverage trading can be extremely volatile and cause substantial losses. All information on this scalping shall not be construed as financial advice. Free WordPress Theme Zincy lite Themes By:
Tecniche di trading intraday su forex Plus500 euro dollaro
Tecniche di trading intraday su forex Plus500 euro dollaro
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