I have been making consistant daily profits with the demo version of plus500 using my own trend system. Does anyone on here trade this platform with real money ? I am concerned that it seems too easy ! All help really appreciated
Demo and live trading are two completely different aspects of trading. Demo trading is not really trading, it is only good for to get to know the platform and to test EA's, scripts and for back testing. Demo trading is always easy.
Demo and live trading are two completely different aspects of trading. Demo trading is not really trading, it is only good for to get to know the platform and to test EA's, scripts and for back testing. Demo trading is always easy.
Does that mean the profits are not representative or "real" ?
Still stuggling to find someone trading live on plus500 !
The profit of virtual money you make on demo trading is real alright. In live trading the emotional part plays a bigger roll, this when real money is on the table. Why do you think it is hard to find traders here who trades with plus500? If I give you a hint, spreads.
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The profit of virtual money you make on demo trading is real alright. In live trading the emotional part plays a bigger roll, this when real money is on the table. Why do you think it is hard to find traders here who trades with plus500? If I give you a hint, spreads.
Thank you for your thoughts - can you steer me in the direction of a platform that you would recommend ? plus500 is good for simplicity of use (and I need uk shares)
Intertrader seemed complex to me and may not have all the instruments I need.
no.... its that easy ...........put as much as you can into the Live account and you will become rich soon
N
If I were you I would go for Capitalspreads web platform. Good spread with excellent execution, they have a lot of instruments. Surely, this platform can't be too difficult for you to use? Try the demo account in order to get the feel of it.
I am using plus500 for paper trading since I haven't found any other platform offering me the ability to papertrade the stocks that I want. I would give it some serious thinking though before I would plunge real money in an account. I would advise you to give it some more serious thinking and try finding a broker with plenty of positive reviews stating exactly the pros and the cons of their software. My overall attitude is that you should always be extremely carefull with online platforms mainly because there is always the possibility that they go bust and you will loose all your money. It has happened before and It will surely happen again..
Thanks for all your help. I think at the moment I am going to opt for the Capital Spreads platform although I am aware that due to slippage one could lose more money that is in an account. Is their Guaranteed Stop or Limited risk account a good idea ?
As I said before, I am trading at plus500 for over 2 years with no problems, I also recommended that you get a first deposit bonus, as it is available only for your first one.
You can see it here:
Plus500 | Online CFDs trading, Plus500 forex trading platform, commodities, CFD, trade stocks, shares , equities, securities, Indices.
You can see it here:
Plus500 | Online CFDs trading, Plus500 forex trading platform, commodities, CFD, trade stocks, shares , equities, securities, Indices.
I wouldn't recommend plus500
these guys have sleek marketing but questionable business practices - they've even just been fined £205,128 by the FSA for not reporting transactions -> http://www.financial-spread-betting.com/plus500uk.pdf - I don't think it will be the last time we'll hear about them either.
these guys have sleek marketing but questionable business practices - they've even just been fined £205,128 by the FSA for not reporting transactions -> http://www.financial-spread-betting.com/plus500uk.pdf - I don't think it will be the last time we'll hear about them either.
another SB provider to bite the dust! My money's on IG
to go eventually, they're as dodgy as they come