Plus500 World's Trading Machine

Forex Traders Frequently Asked Questions

• What is Forex CFD Trading?

  Forex or FX is an acronym of Foreign Exchange.

  Forex trading, otherwise known as currency trading is when you trade different currencies against each other (forex pairs).

  For example, when you believe the US dollar (USD) will rise and the euro currency (EUR) is going to weaken, you can sell the EUR/USD forex pair.

• How do I learn Forex trading basics?

  With an unlimited demo forex trading account you can practice Forex trading before you open a real trading account.

• Why should I choose Plus500 platform?
• How do I choose a Forex broker?

  When you look for a Forex broker, there are some important aspects to consider:

  • Is the broker authorised? Check that your broker is authorised and regulated in your jurisdiction. Plus500’s subsidiaries are fully authorised and regulated in the jurisdictions in which they operate.
  • Does the Forex broker offer 24/7 customer support? Forex trading occurs 24 hours a day, so a broker's customer support should be available at any time. Plus500 offers chat and email support around the clock (24/7).
  • What kind of trading platform does the broker offer? Check that your broker offers a user friendly platform which is both intuitive and easy to use. The Plus500 trading platform is one of the few platforms that support iOS, Android and Windows devices.
  • Does the broker charge fees? Plus500 is mainly compensated for its services through the "market spread". Unlike other service providers who also charge commissions on each trade, Plus500 does not charge dealing commissions. Please refer to our User Agreement for information about other fees charged.
  • Does the broker offer a free demo account? Using a free demo account you can get familiar with the platform, practice trading without risking real funds and plan your trading strategy. Plus500 offers a free and unlimited demo account.
  • Does the broker offer any additional services? A good broker is one that offers real time charts & quotes and advanced technical analysis tools. Plus500 allows placing indicators and setting free SMS alerts and notifications.
• What else can I trade?

  Except for Forex CFD trading, Plus500 provides you with the opportunity to trade CFDs on the world’s most traded Shares, Indices, Commodities, ETFs and Options.