
Plus500 Forex Broker General Rating
ASPECT
|
RATING
|
MAX
|
ARCHIEVED
|
4.Technology
|
37.5%
|
16%
|
6%
|
3.Trading-Options
|
69.2%
|
26%
|
18%
|
2.Competition
|
56.7%
|
30%
|
17%
|
1.Reliability
|
49.9%
|
28%
|
14%
|
Overall Rating
|
100%
|
55.0%
|
Plus500 Rating Analysis
General Rating
|
Weight
|
Plus500 Broker
|
||
TOTAL RATING
|
28%
|
55.0%
|
ANALYSIS
|
|
1. RELIABILITY
|
14%
|
Plus500 Reliability Analysis
|
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1.1 Plus500 Regulation
|
12%
|
CYSEC=3, CBI=4, ASIC=4, BaFIN=5, FSA (UK)=6
|
6%
|
Plus500 is regulated by FSA (UK) = 6%
|
1.2 Plus500 Headquarters
|
5%
|
General Offshore=0, Cyprus=2, Ireland, Australia=4, USA, UK, Switcherland=5
|
5%
|
Plus500 Home Base is in London, UK =5%
|
1.3 Plus500 Foundation
|
4%
|
0-2 Years=0, 2-4 Years =1, 5-7 Years=2, 7-10 Years=3, 10+ Years = 4
|
1%
|
Plus500 was found in 2008 2-4 years =1%
|
1.4 US Residents
|
2%
|
Yes=2 / No=0
|
0%
|
Plus500 doesn't allow US traders =0%
|
1.5 Plus500 FPA Rating
|
5%
|
Actual Forex Peace Army Rating
|
1.98%
|
Plus500 FPA=1.975
|
1.6 Plus500 Google Scam Investigator
|
Not Active
|
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2. COMPETITION
|
30%
|
17%
|
Plus500 Competition Analysis
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2.1 Plus500 Spread on EUR/USD
|
12%
|
<0,5=12%, <0,75=10%, <1=8, <1,5 = 6, <2=4, <3=2, <4=1, >4=0
|
4%
|
Plus500 EUR/USD Spread is 2 pips =4%
|
2.2 Plus500 Commissions Charged
|
8%
|
No Commissions=8, Low Commissions=4, Medium Commissions=1
|
8%
|
No Commissions are charged by Plus500 when trading Forex or when trading CFDs
|
2.3 Plus500 Deposit / Withdrawal Commissions
|
2%
|
Yes=0, No=2%
|
2%
|
No Withdrawal Commissions are charged by Plus500 =2%
|
2.4 Plus500 Leverage
|
4%
|
400%+=4, 300%=3, 200%=2, 100%=1, <100%=0
|
0%
|
Max Leverage at Plus500 is 1/50 = 0%
|
2.5 Plus500 Customer Service
|
4%
|
Live Chat=2, 24/7=2, 24/6=1, 24/5=0, Phone=1
|
3%
|
Plus500 provides 24/7=2% and Phone=1%
|
3. TRADING OPTIONS
|
26%
|
18%
|
Plus500 Trading Analysis
|
|
3.1 Plus500 Availbale Assets
|
10%
|
Number of Currencies=8%, Commodities=1%, Srocks & Indices=1%
|
10%
|
Plus500 offers 48 Forex Currencies=8%, Commodities=1%, CFDs=1%
|
3.2 Plus500 Bonus / Rebate
|
8%
|
10% Bonus/ Rebate=2, 15%=3, 20%=4, 25%=5 30%=6, 35%=7, 40%+=8
|
4%
|
Bonus at Plus500 is between 14% (large accounts) and 30% (minimum deposit), Average Bonus 22% =4%
|
3.3 Plus500 Scalping
|
2%
|
Yes=2 / No=0
|
0%
|
Plus500 forbids Forex Scalping =0%
|
3.4 Plus500 Hedging
|
1%
|
Yes=1 / No=0
|
0%
|
Yes Plus500 doesn't provide hedging
|
3.4 Plus500 Deposit Methods
|
2.50%
|
For every method 0,5%, max=5
|
2.00%
|
4+ methods available (Credit Cards, Paypal, Bank Wire, MoneyBookers =2.0%
|
3.5 Plus500 Withdrawal Methods
|
2.50%
|
For every method 0,5%, max=5
|
2.00%
|
4+ methods available (Credit Cards, Paypal, Bank Wire, MoneyBookers =2.0%
|
4. TECHNOLOGY
|
16%
|
6%
|
Plus500 Technological Analysis
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4.1 Plus500 Available Platforms
|
5%
|
Each Platform=1%, max=5
|
2%
|
2 Platforms Available at Plus500 (Web and Windows Trader) =2%
|
4.2 Plus500 API Trading
|
1%
|
Yes=1 / No=0
|
0%
|
No, API trading is not available at Plus500
|
4.3 Plus500 Expert Advisors
|
2%
|
Yes=2 / No=0
|
0%
|
No Plus500 doesn't provide the option for Expert Advisors
|
4.4 Plus500 Mobile Trading
|
2%
|
Each Supported Device=0,5%, max=4
|
1.50%
|
Plus500 provides applications for iPhone, iPAD and Android devices =1.5%
|
4.5 Plus500 MT4 / MT5 Availability
|
1%
|
Yes=1 / No=0
|
0%
|
No, Plus500 doesn't offer Metatrader4 / Metatrader5 popular platforms
|
4.6 Plus500 General Innovation
|
5%
|
High Innovation=5%, Medium Innovation=2.5%
|
2.50%
|
Medium Innovation (offering an easy to use but not innovative platform, we like 24/7 but no chat service, great variety of Stocks & Indices)
|
Plus500 Forex Broker Rating Analysis
Online Forex (2012)