Plus500 Platform Review
Saxo Review is a breeze thanks to the intuitive WebTrader platform and a great selection of instruments. However, there are some pitfalls that traders should take into account, including high CFD trading fees and overnight funding charges. The broker’s fee structure is transparent, and fees are clearly displayed on the website and within the Key Information Document (KID).
Plus500 vs. eToro: Which Trading Platform is Better
The trading platforms are mobile-friendly and feature a clean design. While the customisability is slightly limited on the mobile application, it does offer a number of helpful tools like a dynamic multiscreen chart view that allows users to customize and monitor up to nine charts at once. The app also offers a powerful search function and an economic calendar with real-time market analyses.
Moreover, the app includes several advanced risk management tools and supports various account types. It also features two-factor authentication and a demo mode. However, the lack of an MT4 app could be problematic for some traders.
Overall, Plus500 is a good choice for experienced traders who prefer to trade CFDs. The brokerage offers an extensive range of trading instruments, and the website provides ample educational resources to help newcomers get started. Furthermore, the company is a publicly-traded firm that discloses financial reports, making it easier to assess its stability and regulatory status. In addition, the company’s website lists the regulatory bodies it’s registered with and offers an easy-to-read Fees & Charges page. A user agreement is also accessible on the Terms of Service page.