Plus500 Review
Forex trading is becoming a popular way to make money online and Plus500 is just one programme available. The question for many is whether this is a scam or a legitimate way to make money and trade in the foreign exchange market. Here is a detailed review of the programme.
Regulation from the FSA
Plus500 is not a scam. It has been running for 10 years successfully and is not regulated by the Financial Services Authority (FSA). This ensures that people using the programme are protected from financial problems as much as possible although there is still an element of risk like with all investment options.
& To Get Started!
One Trading Platform
One of the problems with other forex trading programmes is that there are many different platforms to choose from. It becomes difficult to know which one works better and which one will earn you the most money. With Plus500, there is only one platform. All users have the same benefits and disadvantages; they all have the same chance of making the same trades and doing well.
There are three versions of the one platform available. You can download it directly onto your computer, use it from your mobile phone or use it directly from the internet. This allows you the ability to trade wherever you are, set up automated systems and never miss out on an opportunity. The mobile platform gives you the ability to trade even when away from the computer and check to see how well you are doing every day.
User Friendly and in One Place
The platform is easy to use and everything is on one screen. There is no problem with trying to find the information you need by scrolling up and down or clicking on different links. The top bars explain exactly the information that is included in each section so you know the current trades you have working, the money you have and the money available to trade. It makes it easy to automate your trades and earn money without doing much.
Plus500 is ranked one of the best forex trading platforms on the internet and is regulated by the FSA to offer extra protection. It is simple to use with just one platform. You know that you have the same chance as everyone else because there is no need to find out which platform works the best. There is an element of risk involved but this is lower compared to many other platforms.