A lot of people ask if Plus500 is a reliable broker. I have been trading for over a year with Plus500 and in all that time I haven’t had any problems. In this article, we discuss the reliability of this broker so you can decide if you are going to take the plunge and start trading with them.
Plus500 reliability check
- Plus500UK has an official license with the FCA*
- Plus500 is listed on the aim section of London stock exchange
- The software of Plus500 is easy to use
- Try trading with Plus500 risk free with a demo
If you are look at reviews of brokers, you will usually find a few negative experiences. Some of these ‘experiences’ are posted by competitors. When a broker wants to defeat the competition, they will sometimes act unethically to try to get ahead. The majority of negative experiences found on the internet aimed at Plus500 are from unhappy starting traders.
A lot of people don’t understand the risks of trading and go all-in right away. When they lose their money, they get frustrated and this frustration usually results in lashing out at the broker, in this case, Plus500. If you are looking for objective reviews, be sure to check professional websites.
Is the reliability of Plus500 guaranteed?
Plus500 is a very professional broker. You can ascertain if a broker is reliable by checking if it is registered with a regulatory institution. Plus500 is based in London and is regulated by the Financial Conduct Authority*. The Financial Conduct Authority is the official regulatory institution of England, and it ensures that brokers deal safely with clients’ funds. Plus500UK* holds segregated accounts so you can rest assured that your money is secure.
Plus500 is reliable!
Plus500 is a reliable broker and the Financial Conduct Authority makes sure it stays that way. I have been trading with Plus500 for a while and they always pay you within a few days. Since it always keeps its clients’ money in a separate account, you can be assured that your money is safe. Apart from that, you can try out Plus500 completely risk free by signing up for a free demo account.
It is important that you find out which broker you feel comfortable with. Look at our overview of the best brokers and open demo accounts with several providers. This way you can try them out completely risk free!
* Plus500 UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).
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