Experiences with Plus500 – Scam or Not?
Plus500 is a well known CFD broker that attracts new players with a no deposit bonus of $ 25. That means that you register at Plus500 and your account will be credited with $ 25 without making a deposit. This is a very good offer for newbies that try to start out with trading.
Plus500 has not been the top broker a couple of years ago but they really worked hard on becoming one of the top addresses. Plus500 is now regulated and authorised by the Financial Conduct Authority FCA, which operates under strict rules, and is listed in the London stock exchange. That alone makes this broker more secure than 99% of all other brokers. You cannot just scam your customers when being a publicly listed company. And your trading capital is virtually at no risk at all.
Forexpeacearmy doesn’t call Plus500 a scam and there are some larger sites that promote Plus500. Considering the size of this broker, you will find relatively few negative reviews across the web. There will be a few somewhere but this is true for every single broker.
Anyways, if we had to make a choice to recommend you three reliable brokers where it is least likely you get scammed, then Plus500 is on top of the list. You can sign up there immediately through this link. Let us know how your experiences have been.
ForexScams.org Recommends:
#1: www.plus500.com - listed on the London Stock Exchange, Welcome bonus of $/€25 (no deposit required). Your capital is at risk.
#2: www.avatrade.com - Reliable FX Broker with EU-offices and very high safety of funds.
#1: www.plus500.com - listed on the London Stock Exchange, Welcome bonus of $/€25 (no deposit required). Your capital is at risk.
#2: www.avatrade.com - Reliable FX Broker with EU-offices and very high safety of funds.
The Alternative - Social Trading:
#1: www.etoro.com - the world's leading social investment network. Just copy successful traders with a click of a button and profit.
#1: www.etoro.com - the world's leading social investment network. Just copy successful traders with a click of a button and profit.
Experiences with Plus500 - Scam or Not?,
i withdrawal rm4000
but my acc blocked…
very fucked…..
i veryfied the winning account and i go for withdrow half of the money. after that i decide to veryfi the other account so i can make her account loaded whit some money.
THere goes the scam they terminated my account and told me i cannt have 2 accounts … obviesly i can if the system say so .. anyway they decided to close the Wining account no mather that it was veryfied first HOW COME ? STAY AWAY FROM THIS **** Scam broker
Im really happy cuz i quit
I looked up on another indice and that other indice wasnt -0,10% lower.
They are honest, they give you back the money you withdrawed if you play by their rules.
I gained some nice profits, somethimes losses but i had a lot of fun on plus500.
Always remember to set your positions at loss ..I ad the same issue like yours each time there is a margin call i start to deposit money and at last i realized i was going on loss and then lost of of it.. so be careful next time and set positions at loss..
I had the same issue like yours but eventually i receive the exact money i withdrew until paypal made some deductions… if you do withdrawal by wire transfer or through bank card it might take time for processing. I find Paypal more easier..
They suspended
My account. I ask another password but still can use..this is totally scam
No support
No address
No direct phone contact
………………… NO WAY!
Don’t get sucked into Demo accounts. They are more than a waste of time! They lure you into a false sense of security. Demo and live platforms do NOT operate the same!
But please do not trade real money.
Customer Service is probably a programme as questions are never properly replied, if they reply.
They promise to add money to your account by submitting personal documents such as your passport, ID and a bill to confirm your address. But they always find excuses to not allow you to upload your documents. Very suspicious.
i can’t do ANYTHING and it’s been 4 months!!
yes 4 months and I still can’t withdraw MY money!!
fuck them
Please read their statement.
The only way to deal with this is wait and be patient I guess.
I had lost and win , and sometimes I close my positions within 20min or sometimes my positions lasts for days… I am going to give it a try, but I have to admit that I am a little bit anxious about Scalping…. First of all, it seems that nobody is able to define Scalping. and second no body say’s what is the penalty of scalping!!!! lets say that somebody invests 1000 Euro and his account freezes because of scalping accusations , what comes next? They pay him the money he first spend. or they take everything from his account?
If you dont trade for 2-3 days they lock your account and ask for new verifications (in case you be inactive they try to take your money )
Their final porpose as it seems is to scamm your money finally
They take advantage of new regulations all time and asking for all kind of difficult documents also translated in english when they advertise that they support 20+ languages
I will definetely stop using their pathetic services
I’m still active with Plus500 and can only say good things. However, as you said, they indeed have some regulation issues. This affects both traders and introducing brokers. Actually, this is not a bad thing as it makes trading more secure. But it can be a bit of a hassle.