Plus500 Platform Review

Review of Saxo Trading Platform offers a user-friendly trading platform and is a good choice for day traders. It is easy to open a demo account and practice trading in real time with virtual funds. The platform is also mobile-friendly, allowing traders to access their accounts anywhere with an internet connection. However, the site could do more to improve educational materials for new traders and provide more information about CFDs in general.

The WebTrader platform is intuitive and easy to use with layouts that feel familiar to experienced traders. It offers a variety of instruments to trade including forex, cryptocurrencies, and commodities. The platform allows you to customize your chart view and monitor up to 25 instruments simultaneously. The platform also provides alerts through email, SMS, or push notifications when an asset reaches a specified level. These alerts can be customized to include different types of price data and even a percentage change in client sentiment.

Plus500 Leverage and Margin Trading: A Detailed Guide

Another plus is the fact that Plus500 adheres to strict regulatory standards to ensure the security of personal information and funds. It is regulated in multiple jurisdictions and keeps client funds in segregated accounts. Additionally, Plus500 has a dedicated team that works to address any complaints or disputes.

Another feature that stands out is the KID, or Key Information Document, which outlines the basics of each available instrument and the risks associated with trading them. This is a legal requirement and should be reviewed by any potential investor before opening an account. The site also has a FAQ section that can help answer commonly asked questions.