plus500

[luckystrike23]

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?

 

[remme001]

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.

 

[jkane]

pass

Horrible company

 

[timsk]

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.

 

[luckystrike23]

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.

 

[jkane]

scam company

 

[kalott]

"“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/plus500-trading-idUSL5N0YI0VS20150527

they sure did

https://www.leaprate.com/forex/brok...-plus500-revenues-record-297-million-q1-2018/

 

[jkane]

High risk company and they stiff people

 

[pigbear]

Are they increasing the margins in line with the other S/B.

 

[Your User Name]

Are they increasing the margins in line with the other S/B.

Good question...

 

[Alezandra]

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 =(

 

[jkane]

Are they increasing the margins in line with the other S/B.

stay away

scam site