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Plus500 Review | 9 Key Ratings for 2020 –

This review aims to help potential traders learn about the broker, as it is a leading provider of CFDs for options, indices, ETFs, cryptocurrencies, forex, and shares. Companyis based in the UK and has its main offices in London. Plus500UK Ltd is a Plus500 Ltd subsidiary, with that company found on the London Stock Exchange…

This review aims to help potential traders learn about the broker, as it is a leading provider of CFDs for options, indices, ETFs, cryptocurrencies, forex, and shares. Companyis based in the UK and has its main offices in London. Plus500UK Ltd is a Plus500 Ltd subsidiary, with that company found on the London Stock Exchange and headquartered in Haifa.

The company was founded in 2008, offering an online trading platform that was PC-based and is growing quickly, currently offering clients a portfolio with access to more than 2,000 investments.


  • Regulated and authorised by the FCA
  • The parent company is publicly listed on the London Stock Exchange’s Main Market
  • The platform is easy to use


  • It offers limited research, analysis, and educational tools

What can you trade?

Min Deposit

App Support

Max Leverage

Any Plus500 forex review should indicate the breadth of instruments that the broker offers in this category. Offers a basic introduction to trading forex for clients to explore if they are new to this market.

There are more than 50 forex pairs available, offering leverage of up to 1:30 for retail clients. To help clients minimize risk, there are advanced trading tools, such as Guaranteed Stop, Stop Limit, and Stop Loss. This forex review also clarifies that there are no commissions for forex trades, as the broker primarily makes it profit on these assets via spreads.

Min Deposit

App Support

Max Leverage

Any Plus500 CFD review will likely indicate that most instruments offered from the broker are only offered as CFDs. This includes cryptocurrency, indices, stocks, ETFs, options, and commodities.

Trading indices in the form of CFDs allows clients to enjoy leverage of up to 1:20 on the 31 available indices. There are also 22 commodities available, also with leverage as high as 1:20. The flexibility of CFDs is also important to note, as they offer the ability to put or call options with leverage of 1:5. Users can choose from popular options, such as Germany 30, Facebook, and Oil.

Min Deposit

App Support

Max Leverage

The stocks available from this broker also are important to note in a CFD review. Plus500 does not allow traders to directly trade stocks but instead offers Contracts for Difference on them. This allows for the use of leverage.

Trading share CFDs with Plus500 gives clients a way to trade without stamp duty, allowing for savings of 0.5 per cent over traditional share purchases in the UK. There is also the ability to open a sell or buy position to make a potential profit in any type of market. Shares can have leverage of up to 1:5. Stocks are available from 22 different countries, including the United Kingdom and the United States. Additionally, you can review UK cannabis share offerings.

Min Deposit

App Support

Max Leverage

No Plus500 UK review is complete without also mentioning CFDs of Exchange Traded Funds.

By trading these ETFs in the form of CFDs, broker can offer leverage of up to 1:5. There are more than 90 ETF CFDs for traders to choose from.

Min Deposit

App Support

Max Leverage

This broker also offers access to digital currencies, so clients should be sure to read Plus500 cryptocurrency reviews. As is common from brokers, cryptocurrencies are only available from Plus500 in the form of CFDs. This way, there is no need to get a digital wallet.

As you examine cryptocurrency review, you will notice that the broker offers access to more digital currencies than most competitors. Clients can trade Bitcoin, Ethereum/Bitcoin, Ethereum, Litecoin, NEO, IOTA, EOS, Stellar, Monero, Bitcoin Cash ABC, Tron, Monero, or the Crypto 10 Index. Leverage when trading these cryptocurrencies can be as high as 1:2, and the market is available 24/7.

What did our traders think after reviewing the key criteria?

Most Plus500 reviews agree that the broker remains competitive in terms of fees. It prides itself on being transparent about fees, without any surprises that will cut into the profits of traders. Most of the broker’s profits come from its spreads, which its own internal monitoring determined are among the industry’s tightest.

Also, you will notice that there are absolutely no fees for deposits, opening or closing trades, rolling positions, live sharing of CFD prices, real-time forex quotes, or dynamic charts and graphs. You will not have to pay any fees for withdrawals, the only exceptions are if your payment provider charges a fee or you exceed the maximum monthly withdrawals allowed, which is a generous figure.

For full transparency, you can easily review forex and CFD spreads before making a trade. The only downside is that this information is only visible when logged in. Just search for an instrument and then select the (i) details icon.

Our review does caution clients that the broker has certain fees. There is an inactivity fee of as much as USD 10 each month if you do not log in for three months or longer. There are also fees associated with overnight funding and guaranteed stop orders.

For more information on fees related to this broker, check out our guide to Plus500 fees and charges.

A Plus500 cryptocurrency review is likely to find the broker lacking in terms of the types of accounts offered. There is only a single type of retail account available, in addition to a professional account and a demo account.

In some cases, will allow clients to have two trading accounts, but this requires approval. Without approval, has the right to close the later account(s). Additionally, if a trader does get approval for multiple accounts, they will be independent, without the ability to transfer funds between them.

The demo account offers traders a way to get a feel for trading or to review forex rates and trading platforms themselves before investing real money. One very strong point is that you can use the demo account for as long as you want to review; in contrast, most competitors place limits on their demo accounts. Additionally, if the demo account’s balance reaches 200 EUR or lower (or its equivalent), it will automatically be reset, so you can continue to practice trading. This allows even experienced traders to use the demo account to plan strategies.

Professional customers can increase their leverage but must sacrifice their negative balance protection. Leverage on professional accounts can be as high as 1:300 for forex and indices, 1:150 for commodities, 1:100 for ETFs, 1:20 for shares and cryptocurrency, and 1:5 for options. All of these, except options, are higher leverages than you will find when you review retail accounts.

As is the standard across similar brokers, to become a professional client, Plus500 requires two of three criteria be met: (1) significant trading activity in the past year, (2) a portfolio with more than €500,000, or (3) experience in the sector of financial services.

Our Plus500 UK review team appreciates that the broker offers platforms for desktop and mobile devices but cautions that some traders will be disappointed in the lack of a familiar platform. Your Plus500 CFD review will not show you MetaTrader or any other platform you have likely used before.

plus500 platform

Even so, the platform offered is highly intuitive, and it is set up similarly to those of most other brokers. As such, few people who review broker via a demo account will take long to get used to the broker’s platform.

The compatibility across devices is impressive. In addition to an Android app and an iPhone/iPad app, even offers a Windows Phone app, something that is incredibly rare. There is also a Windows 10 desktop trader, although one is lacking for Mac OS. Mac users will have to rely on the Web Trader, which is compatible with Edge, Firefox, Chrome, and Safari. Although the broker does not offer access to the platform without logging in, there are sufficient images available via the download pages to give you a feel for it.

In a review of Plus500 UK’s website, we found it to be highly usable. It has a clean, professional design with more colour than some, courtesy of the blue background. It is well laid out, making it simple to find the relevant sections as you review their offerings. Clients should be able to easily find information on the instruments offered, fees, and the company. The search bar also adds a convenient touch, as does the support for 32 languages.

The main support page for Plus500 is the FAQ section. This includes the information that clients and potential clients are most likely to be in search of. As expected, our review found the division of questions into categories and the inclusion of a search bar.

One feature that sets this cryptocurrency review apart from those of competitors is the 24/7 support availability. Most similar brokers only offer 24/5 support, so these extended hours should be reassuring to clients.

The options to contact Plus500 support directly are found on the FAQ page. These include the expected online chat and email, in addition to WhatsApp. A phone number would be an appreciated addition, as many clients prefer that mode of support, but our UK review found that the support via WhatsApp makes up for this in some respects.

plus500 who we are

Our Plus500 review explains the various deposit methods available for the broker’s clients. For added convenience, videos detailing some of these deposit methods are found in the FAQ section.

Card Payments

Card payments are accepted for deposits to Plus500, but only debit or credit cards from MasterCard or Visa.     

Bank Wire Transfer

Bank wire transfers are one of the choices for deposits. However, the process for starting one is slightly roundabout. Clients must begin the transfer process and have automatically email them the details they will use to complete the bank transfer.


It is also possible to make a deposit using electronic wallets, including Skrill and PayPal.

Our Plus500 review found that one area where improvement is needed is in educational materials and trading tools. The broker does offer an economic calendar as well as risk management tools, such as Close at Profit (limit) and Close at Loss (stop loss), Trailing Stop, and Guaranteed Stop orders. These also include convenient explanations with examples for beginners.

There is no obvious news or analysis available, something most brokers offer. To make up for this, traders can sign up for real-time push notifications, emails, and/or SMS alerts for per cent changes, price alerts, and traders’ sentiment per cents.

The educational content is also somewhat limited, with a single Trader’s Guide section. There are only five educational videos there. As such, all traders will need to find outside sources for additional education.

Our Plus500 review team is reassured by the regulation and deposit protection offered by the broker. Those who review broker’s policies will find that the Financial Conduct Authority (FCA) authorises and regulates it. This entitles retail clients to coverage under the Financial Services Compensation Scheme, with compensation up to £85,000 per person.

As part of this regulation and authorisation, holds client funds on a segregated basis. Plus500 does not invest funds from retail clients and only uses its own funds for hedging.

There is no indication on its website or in any previous Plus500 review that this broker has been honoured with awards in the past. However, the broker does have many partnerships that can increase users’ confidence, including with Atletico de Madrid, Brumbies Rugby, Mercato 24, FX Empire, and

plus500 milestones

Plus500 FAQs

You can withdraw your funds from Plus500 through any of the following methods

  • Card Payments
  • Bank wire transfer
  • eWallets

The broker does not charge a fee for withdrawals but routes the payouts to the same payment gateway from where your deposits originated. So, if you have deposited funds from your card, the withdrawal would also be processed to your card.

Plus500 offers two account types – Standard and Professional. The minimum deposit for both the account types is €100/$100/£100. However, these would depend on your payment method too. For instance, the minimum deposit is €100/$100/£100 if you deposit funds via eWallets, Visa/MasterCard, Apple Pay, Trustly or Skrill. But, in the case of bank transfer, the minimum is €500/$500/£500.

The Plus500 leverage depends on the regulatory authority governing the broker. If you sign up with the CFD broker in Europe or the UK, the stringent regulations permit max leverage of 30:1 for retail clients. However, professional clients and those registering with the broker under the Seychelles Financial Services Authority receive max leverage of 300:1. Likewise, if you are residing in any other country like New Zealand or Singapore, the leverage could be different.

Plus500 offers more than 2000 financial instruments across FX, commodities, cryptocurrencies, shares, indices, ETFs and options. Besides, the broker is regulated in multiple jurisdictions, making them safe when it comes to depositing funds. However, there isn’t much for beginners in terms of education, and the proprietary trading platform could be challenging. So, if you are a beginner, you could look for a regulated broker offering the globally-acclaimed MT4 platform along with excellent trading conditions.

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RoboForex adding EOS Cryptocurrency

RoboForex adding EOS Cryptocurrency

RoboForex announced today adding EOS, a cryptocurrency which is now available for trading with the broker on both MT4 and MT5 platforms.

Roboforex added EOS CryptocurrencyCurrently, RoboForex clients have 7 crypto instruments to choose from.

RoboForex keeps expanding its crypto portfolio.

The latest addition is EOSUSD, which is already available to the clients through MT4 and MT5, alongside with six other crypto pairs:


The EOSUSD trading conditions are the following:

  • minimum lot size: 100,
  • minimum increment: 0.01,
  • leverage 5:1.

EOS is a cryptocurrency that was introduced in 2017 and is based on blockchain and smart contracts. Its key features are scalability, decentralized apps, and huge throughput (a few million transaction per second).

This is another step towards developing our crypto portfolio.

Our clients do value the flexibility and state of the art technologies we offer them As for us, our mission is meeting their expectations and constantly improving the trading conditions by opening the door to new instruments and opportunities.

says Denis Golomedov, ;Marketing Director at RoboForex.

Roboforex and Cryptocurrency

This Broker has been on the forefront of crypto trading on the Metatrader 4 and Metatrader trading platforms from the beginning and pushing for more and more trad-able assets to be added to their offering .

it took this broker a little bit of time but now that they got them selves into the cryptocurrency trading arena they come to lead the pack. this in combination with their the trading platforms they are offering makes this a broker to take notice of.

as yet there are not enough brokers that offer metatrader 5 and especially one where you are able to trade bitcoin ethereum, litecoin and now also EOS.

About RoboForex

RoboForex is a brokerage company catering to clients from various countries. The broker’s focus is providing the traders with access to its own financial market platforms.

RoboForex Ltd is a licensed company (License No. IFSC/60/271/TS/17).


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Local bitcoin Trader Jailed for Money Laundering

Indicted: Local bitcoin Trader Jailed for Money Laundering

Local Bitcoin trader, Theresa Lynn Tetley, also widely known as Bitcoin Maven has been indicted for indulging in illegal bitcoin-for-cash transactions. According to the Central District of California, the trader has been sentenced to 12 months in prison.

She has also been handed a three-year supervised release and a $20,000 fine. A former real estate investor and stockbroker, the court ordered her to relinquish $292,264.00 in cash, 25 assorted gold bars, and 40 bitcoin.

money launderingTetley pled guilty to one count of operating an unlicensed money exchange business, and another related to money laundering. Her case is the first of its kind in the Central District of California.

Tetley was procedurally supposed to register her business with the Financial Crimes Enforcement Network, an agency of the United States Department of the Treasury.

The agency is responsible for analyzing transactions to curb money laundering and related financial crimes. She also failed to implement standard anti-money laundering protocol, including reporting of certain financial sources as per the requirements of this type of business.

Tetley is said to have traded over $6 million for clients within the United States and charged higher rates as compared to other traders within the LocalBitcoins platform.

Also noted in the court documents was that Theresa Lynn laundered bitcoin for a customer who had been suspected of having acquired the cryptocurrency through illegal activities, including drug sales on the dark web.

She also carried out a bitcoin to cash transaction for an undercover agent who had explicitly declared that his bitcoin was tied to narco-trafficking operations.

According to the report, Tetley’s service was responsible for fueling the growing use of cryptocurrencies to launder money and supported a black market system set up purposely to circumvent the law.

The organizations involved in her investigation included the IRS Criminal Investigation and the Drug Enforcement Administration.

Just One of Many

That said, the government has been committing significant resources to counter the crypto – dark web menace, and earlier this month, a major sting operation was carried out against a major money laundering network. Thirty-five suspects were arrested.

One individual, identified as John Edward Monette, was charged with Conspiracy to Distribute a Controlled Substance. He was also alleged to have carried out numerous bitcoin for cash exchange transactions on the dark web, most of them in 2017 and totaling about $19,000.

Another dark web vendor busted during the operation, Ryan Farace, 34 was indicted for being involved in an alprazolam tablets manufacture and distribution scheme.

He sold the drugs on the dark web, with all transactions being made in bitcoin. Additional digital currency money laundering transactions were made to conceal the sources.

Article Originally Published:

By ELIZABETH GAIL at Coincentral


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Why You Need to Get Onboard With Blockchain!

Why You Need to Get Onboard With Blockchain!

Blockchain tech – so revolutionary in nature that some are calling it the “new internet.” It has applications in just about every industry, and has completely altered the way we think about internet security, the processing of information, and the speed of transactions.

Blockchain is the technology that supports the digital currency  or cryptocurrency called Bitcoin –

however this is not what it is really about as it has a far wider scope of applications and is being commercialized in a growing number of areas.

It has generated much interest in technology circles and beyond, because of the new possibilities it opens up in financial services, the public sector and other areas.

According to sites like, blockchain tech is definitely worth keeping an eye on due to the myriad of benefits it provides.

Blockchain and Bitcoin are not the same thing – Bitcoin is implemented using blockchain technology, but blockchain technology can be used in contexts much wider than Bitcoin or other cryptocurrencies. so when we are talking about the blockchain we are talking about a combination of a number of technologies, these including:

  • Distributed ledgers.
  • The blockchain data structure.
  • Public key cryptography.
  • Consensus mechanisms.

Part of what makes it so exciting is that it is completely open source. As a result, there are already a number of interesting blockchain apps, and the number is growing daily.

The technology is so secure that it is already being used by DARPA to secure military data. Various governments around the world are working on ways to use the tech to protect their own data.
The tech is tamper-proof, and the data stored within it is permanent. It cannot be erased or altered, and this is what makes it so enticing to those needing more secure networks.

But there is more, folks. (Okay, so that sounds a bit like an infomercial, but the benefits are real nonetheless.) Transactions can speed across the network – taking only as much time as it takes for them to be authorized.

The blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression.

William Mougayar

The system runs without the need for an intermediary, and this reduces the time it takes to execute transactions. This, and the unique way that the tech works, means that costs are significantly reduced as well.

What makes it so revolutionary is that the information is spread across every computer within the network. With Bitcoin, that means the data is securely “backed up” over thousands of computers.

Now, it is unlikely that banks will entrust their data to a public network in the same way, but they have been working on creating networks of their own instead.

The potential savings in terms of cost and time are extensive. If you want to learn more about these savings, check out the infographic below.


Why You Need to Get Onboard With Blockchain!

Why You Need to Get Onboard With Blockchain!

Visit . for more interesting Infographics

Guys did an amazing job and was allowed to share.


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