plus500

This is a discussion on plus500 within the Spread Betting & CFDs forums, part of the Commercial category; how much do plus500 really charge in financing? I'm looking into them and find they have some very shady rules ...

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Old Jun 9, 2016, 9:48pm   #1
Joined Mar 2003
plus500

how much do plus500 really charge in financing? I'm looking into them and find they have some very shady rules where the amount of financing charged depends on the particular market as opposed to the usual flat percentage fee (Libor + or - 2.5%..etc). Their spreads also don't appear great. Any real opinions on their trading platform?
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Old Jun 13, 2016, 9:03pm   #2
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Last time I checked the platform was pretty poor. Don't put them on your website. Everyone knows they are shady and only good at marketing.
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Old Aug 1, 2016, 1:12am   #3
Joined Mar 2014
pass

Horrible company
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Old Aug 1, 2016, 9:35am   #4
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Hi luckystrike23,
If you do a thread search for 'Plus500' you'll find a lot. Unfortunately, not many of the posts made to them are overly complimentary.
Tim.
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Old Aug 9, 2016, 4:21pm   #5
Joined Mar 2003
luckystrike23 started this thread I've studied them in detail and produced a video review - it isn't pretty - one big problem is most of these companies originating from Israel don't even have contact numbers so if you have a problem or (worse) the platform is down you have no one to contact to close the trade.

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Old Dec 2, 2016, 11:46pm   #6
Joined Mar 2014
scam company
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Old May 4, 2018, 10:31am   #7
Joined Jul 2004
"“The Board has taken a number of lessons away from this current situation and is determined to restore Plus500’s business to full health,” Chairman Alastair Gordon said ahead of the company’s annual general meeting on Wednesday."

https://www.reuters.com/article/plus...0YI0VS20150527

they sure did

https://www.leaprate.com/forex/broke...llion-q1-2018/
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Old Jul 13, 2018, 12:40pm   #8
Joined Mar 2014
High risk company and they stiff people
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Old Jul 13, 2018, 2:10pm   #9
Joined Dec 2004
Are they increasing the margins in line with the other S/B.
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Old Jul 19, 2018, 10:47am   #10
Joined Feb 2016
Quote:
Originally Posted by pigbear View Post
Are they increasing the margins in line with the other S/B.
Good question...
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Old Sep 28, 2018, 10:52am   #11
 
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IG, Plus500... these guys don't seem really reliable. I was choosing broker and was terrified by the reviews they have in the Net. For me SB was top, but it seems they are going to die =(
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