With fixed spreads and no commissions, this Forex software offers high leverage of up to 1:200 and a free demo account. It allows users to start funding their account with just $50 and provides real-time live streaming quotes.
If a client would like to purchase Microsoft stocks for example, instead of buying 1,000 shares from a stockbroker, they can buy 10 CFDs from the Plus500 trading platform. When the price of Microsoft shares increases by $5, the client can earn up to $5,000 profit, just like how it would be if they owned the actual shares that are traded on the exchange. One of the major differences between using the Plus500 trading platform and other methods is that there are zero exchange fees, and many of the inefficiencies when trading the underlying shares on the exchange are eliminated.
CFDs have become increasingly popular over the past few years, and it's believed that they will continue to grow in popularity as it becomes the preferred way to trade financial markets. One of the major benefits of trading CFDs is the fact that clients can trade on margin. It allows them to trade a full portfolio of shares, indices, or commodities without requiring large amounts of capital. For instance, if a client purchased $50,000 worth of CFD shares, the only margin that would be asked for is $1,000.
Overall, the Plus500 trading platform offers zero commissions and attractive margin requirements when trading CFDs, and it is a great software platform to consider for anyone who wants to trade financial markets with ease.
Version 3.11: N/A