Plus500 Broker Testimonials
Identifying a good broker will not be complete without checking the testimonials. This is because experience speaks louder than words.
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Testimonials Category
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Deposit and Withdrawal (140)
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Order Execution (59)
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Spreads and Commissions (36)
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Customer Support (82)
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Regulation and security (35)
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Demo accounts (10)
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Slippages and requotes (11)
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Leverage (25)
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Trading cost (20)
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Bonuses and promotions (16)
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Trading Platforms (107)
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Trading Tools (7)
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Trading Contests (1)
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Trading Accounts (69)
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Trading Instruments (46)
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Broker Features (26)
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Partnership Program (4)
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Education (23)
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Automatic Trading (19)
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Hedging (2)
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Other (52)
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Plus500 don't like it if their trader makes a lot of money. So they restricted some accounts without notice. What a coward.
For almost 4 weeks they prevent me to withdraw my money, they kept getting excuses, no response, or email. They have extremely bad customer response. There is no problem with their demo account tho, but once you open a live account, your funds will loose with them.
Plus500 have a great platform, but the only thing I hate is their SPREADS. There must be a better way to rip off yout clients money. I don't want to give you any idea.
Well, it's unfortunate that this broker might get bigger but right now they need to reform their business style. Their job is pretty bad right now.
Don't fall for anything about this broker. Many traders lost everything to Plus500. They even got a chargeback for their funds' recovery.
Plus500 set their margin level too high. Once messed up, you'll lose a big amount of money. I heard that you got a frozen screen too when you make a big money with your open position since you can't exit the markets.
I read that they restricted clients account said that clients breached user agreement for Hedging. I mean, they could have warned the client first if they done something wrong.
Not interested with their system. They have high margin but with low average. Their easy process with deposit and withdrawal account won't add anything to their bad system.
Beware, please do not make mistakes by trusting your money with this company. Have several bad encounter for trading with this broker. Not pleasant experience. Before you loose all your money, please beware.
Plus500 is the biggest scam ever!!!!!! It made you lost all of your money. Be careful everyone! Read before trading.