Plus500 is a contract for distinction dealer that was initially based in Israel, however now could be headquartered in London the place they’re listed on the London Stock Exchange (LSE) and is part of the FTSE 250 Index.
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However regardless that that’s spectacular in itself, it isn’t essentially the most spectacular issue to this on-line dealer.
As a substitute, it’s the critiques that the dealer has acquired from their clients, and particularly the critiques acquired for his or her cell buying and selling app, which we’ll take a more in-depth take a look at right this moment.
Incredible User Reviews in Google Play
As talked about, Plus500 has acquired unimaginable critiques from tens of 1000’s of customers and, in some ways, it’s the highest-rated cell buying and selling app in Europe in the mean time. That is an unimaginable feat since few on-line brokers have that many critiques or critiques of this high quality on any of the overview platforms.
For instance, in Google Play the place critiques for his or her Android buying and selling apps are listed, Plus500 has 4.3 out of 5.0 stars primarily based on a whopping 98.500 critiques. Which means that an excellent majority of all of the critiques are 5.0 stars carefully adopted by 4.0 stars and three.0 stars. They do have a number of dangerous rankings as properly, however not sufficient to have an effect on the general ranking.
This isn’t straightforward to realize for any firm no matter what product, service, or app they provide, and we’re actually impressed by it.
Similar Ratings in the App Store
Plus500 additionally has an iOS buying and selling app, which has comparable statistics, though not as many critiques. Presently, the Plus500 app has 4.3 stars out of 5.0 within the App Retailer primarily based on 232 critiques. What’s extra, this makes Plus500 the 23 highest rated app within the class “Finance” within the App Retailer.
Mix these two statistics, and it’s apparent that Plus500 has one of many highest-rated buying and selling apps of all time.
What Sets Plus500 Apart from the Rest?
Many issues set Plus500 aside from different brokers. The primary factor is that they’ve developed all their buying and selling software program in-house, not like many different brokers that depend on third-party software program such because the MetaTrader 4 and MetaTrader 5 platforms.
This enables them to optimize and streamline their choices within the good means in accordance with the wants of their clients. It additionally limits the quantity of downtime and lagging that’s typically brought on by third-party apps, providers, and upkeep.
Briefly, it’s a means for the dealer to supply a platform that works for his or her clients and never a platform that has been designed to work with a number of completely different brokers.
One other factor that has helped this dealer acquire this a lot appreciation is that they’ve restricted their number of tradable belongings. Plus500 is a Contract for Distinction dealer with roughly 2,100 monetary belongings, in comparison with a few of their rivals which have 15,000+ belongings on supply.
For merchants, this implies much less alternative but in addition much less confusion and the choice to concentrate on a smaller variety of belongings and extra all-inclusive methods.
Want to Start Trading? Consider This First
Does this sound intriguing? And are you additionally contemplating beginning buying and selling with Plus500? Then you definitely want to concentrate on the dangers concerned in buying and selling, particularly buying and selling derivatives with margin and leverage.
You see, as much as 80% of all retail merchants find yourself dropping cash in the long term. And the usage of margin and leverage can tremendously improve your potential losses.
In your personal sake, please watch out and spend the time wanted to know the ins and outs of buying and selling, develop methods, and grasp all the talents wanted.
When you accomplish that, you should have an opportunity to commerce and doubtlessly make a revenue from among the finest buying and selling apps in Europe.