Day Trading on Plus500 Review

Day trading on Plus500 offers a number of advantages for traders. Its user-centric design provides an intuitive interface, suitable for beginners while also delivering the depth required by advanced traders. Its comprehensive tools enable the use of technical analysis and charting to gauge market sentiment and help inform decision-making. The broker also offers competitive fees and a clear breakdown of costs, making it easy to manage expenses.

Additionally, traders can easily trade on their mobile devices using the WebTrader application. The application has an intuitive UI that is accessible on both iOS and Android platforms, allowing for smooth, convenient trading even while on the go. The platform also includes a wide range of order types, including stop orders and limit orders that can be triggered when the price hits a predetermined level.

Is Plus500 Good for Day Trading in the UK? A Full Review

Moreover, the company has been in business since 2008 and has numerous regulatory licenses from top-tier authorities worldwide, such as the U.K.’s Financial Conduct Authority and Australia’s Securities and Investments Commission. It is a publicly-listed company and adheres to strict regulatory standards.

The company’s client funds are kept in segregated accounts at regulated banks, protecting them in the event of insolvency. It also offers a free demo account, which allows customers to practice trading on the platform and gain experience risk-free.