Plus500.com Review Visit site

Price Fixing. Plus 500 will alter the market price of an instrument in their favour . the will keep the price of an instrument 5 - 10 cents below the market value so profits are not hit and stop losses are hit easier. Ive had a very interesting conversation with support who just wont give a straight answer .

its cheap, cheerful and simple but if you ever want to go an extra yard, you wont find it there. I used plus 500 as my first broker out of university because most of the students in my finance club were using them. But as soon as I wanted to develop my trading i.e. analysis, news, fundamentals, they are so limited. Plus dont ever expect to speak to anyone there be it customer service, account managers or trading, you can never get them on the phone. They are mostly automated or email/chat only. So all in all, they are great t start with but if you are serious about trading, its best to find a more professional platform.

In September pf 2019 I opened an account in Plus 500, I started trading, and on November I began to have suspicions because the operations that had more profits were invested in me, and thus I always lost and my account seems closer to finishing. I made the claim to the supposed technical support, they compensated me $ 30 and the problems continued, I complained again and the answer is the same everything is fine. PLEASE DON'T FALL INTO THESE TRAPS. DON'T SAY I DON'T WARN YOU.

En Septiembre 2019 abrí una cuenta en Plus 500, comense a operar, y el me de Noviembre comencé a tener sospechas porque las operaciones que tenia mas ganancias se me invertían, y pues así siempre perdía y mi cuenta da ves mas cerca de acabarse. Hice el reclamo al supuesto soporte técnico, me compensaron $30 y los problemas siguieron, volví a reclamar y la respuesta es la misma todo esta bien.

ASÍ QUE NI SE LES OCURRA CAER EN ESTAS TRAMPAS.

DESPUÉS NO DIGAN QUE NO LES ADVIERTO.

Oct 16, 2019 - 1 Star ABRI UNA CUENTA CON PLUS 500 EN MES SEPTIEMBRE 2019 Y DESPUES DE OPERAR 15 DIAS ME DI CUENTA QUE SIEMPRE QUE IBA GANANDO BUENAS UTILIDADES SE ME INVERTIA EL CIERRE CON LA APERTURA, Y PUES ASI SE PIERDE, HICE EL RECLAMO POR CHAT, ENVIE FOTOS Y EXPLICACION DE LA SITUACION Y HASTA LA FECHA TAN SOLO ME HAN REINTEGRADO 33 MIL PESOS . EL PROBLEMAS ES QUE FUERON MAS CASOS Y NO ME HAN RESUELTO Y MENOS ME HAN VUELTO A CONTESTAR. ASI ES MUY DIFICIL , LO MAS SEGURO ES QUE SE PIERDA. ES MAS LOS SPREAD SON MAS GRANDES QUE LOS DEMAS BROKERS.

I OPENED AN ACCOUNT WITH PLUS 500 IN MONTH SEPTEMBER 2019 AND AFTER OPERATING 15 DAYS I realized that I was always earning good profits. EXPLANATION OF THE SITUATION AND UP TO DATE SO ONLY 33 THOUSAND PESOS HAVE BEEN REFUNDED. THE PROBLEMS ARE THAT THEY WERE MORE CASES AND HAVE NOT BEEN SOLVED AND LESS HAVE BEEN REPLACED TO ME. THIS IS VERY DIFFICULT, THE SECURE IS MISSED. THE SPREAD IS MORE BIGGER THAN THE OTHER BROKERS.

Reply by Plus500 submitted Oct 18, 2019 Hello and thank you for your feedback.



We are sorry to hear that you are not satisfied with our procedure. Please, be sure that we strive to improve our services and provide you with the best experience possible.



We recommend you to contact our Support team once again in case you have specific suggestions and they will gladly assist in any matter.



Regards,

Plus500

I had an account with them years ago, but as I read the last reviews of them, look like nothing changed. Still not a good company to make money. Back then they had a $50 welcome bonus. I guess they could do that only if they know clients will finally lose it anyway.

Completely rubbish and Very bad customer Service witch one is ignoring your complain... If you want lost money they Will help you Very well.

This is a total scam. They make money when people lose. For example: when you put 5000 euros on your account and want to buy something. The positions opens at 4000 euro and you keep 1000 euros as "safe". The stock goes down for 5% and you will lose morgen than you got behind it. So they sell it automatically. Happend to me many times. The stocks are not accurate and sometimes not even up to date or right. DONT USE THIS PLATFORM YOU HAVE BEEN WARNED. THEY ONLY MAKE MONEY WHEN YOU LOSE IT. Thats is their bussines. And to make sure no one is going to do something about it they hide in Cyprus. When reporting a complaind they advise to contact te cypres ombudsman. This is of course unpossible because of the langauge barrier. DONT TRADE AT PLUS500

Do not trade with Plus500, the moment you start making money they will freeze your account claiming that your docum are not verified. It will take you months to try to verify your account because of their 0 client supports and in the end you will loose your money.
Plus500 are just a bunch of thieves

Plus500 is a scam. I've been trading currencies for like 15 years and I think I know what I'm doing, yet..

Made 2 open trades 2 weeks ago with close at profit of 20 pips. As I know this market well, I just sat and waited to get a lot of profit in around a week.

Literally 20 hours after opening trades, both trades were closed. My maintenance balance was well over 10k, as I only used half the money I had on both trades.

Ended up with a loss. I will just claim fraud with my bank as this is the most effective way of flagging those p****s. I'm also in a process of reporting Plus500 to the police. I'll surely take it further because I can.

Steer away from Plus500 and find another broker, unless you really want to lose your money!

It is very easy to deposit and verification is very fast.

But once you make profit.
They ask verification after verification. Suddenly the verification that passed is not good enough. They keep asking for other documents and things that don't exist.

STAY AWAY. THIS BROKER SHOULD HAVE BEEN MARKED AS SCAMMERS A WHILE AGO.
ALL THE REVIEWS ON THIS WEBSITE ARE THE TRUTH!

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Stay away from Plus500 - its a total scam. Carefully review Uset agreement so you will come to final conclussion that they can do with your money whatever they want, I mean wave, cancel your balance, steal your money basing on tricky clauses.
Do not try to trade options as they will charge you using hedging strategies - but they can do so as its written in theur 2018 financial statements. Do not try to open and close trades straight away as they will call you a scalper and will steal your money - but if they do so its fine - same is written in 2018 financial statements.
I've been using this platform for more than 1,5 year and it was ok as far as I have not been earning mouch money and account balance was around 5.000 EUR.
But when I grew my account was closed, monies stolen end of story - 31.000 EUR lost.

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