Plus500 Platform Review

In a nutshell, the Trading 212 Review is a very simple, intuitive, and powerful app that has a number of features not found in most other apps. For instance, traders can create a Trailing Stop figure that automatically closes the CFD when it hits a target price, thus protecting their investment from market volatility. They can also take advantage of ‘Info’ and ‘+Insights’ on each individual CFD, which are helpful for understanding the specifics of each asset and getting an idea of how the trend is likely to unfold.

Another feature that sets Plus500 apart from other brokers is their ‘Traders’ Sentiment’ data. This provides traders with an overview of the percentage of the Plus500 client base that is long (buying) or short (selling). When Traders’ Sentiment reaches extremely high levels, it can serve as a contrarian indicator and indicate that a reversal is on the horizon.

Understanding Spread and Commissions on Plus500

Other features include a solid economic calendar that’s built into the platform, rather than being an external resource like on some competing websites. The calendar shows key data points about upcoming economic releases, as well as the instrument that is expected to be most impacted by them.

Additionally, there is a helpful FAQ section for quick answers to common questions and concerns. Lastly, the app offers a demo mode for users to practice and learn. Moreover, there are no withdrawal or deposit fees to cut into your profits, and deposits and withdrawals are typically available instantly (except for bank wires, which can take 5 days to process). However, the lack of two-factor authentication and an educational offering that could be more comprehensive may be a drawback for some traders.…