How does the Plus500 App work?
If you’re looking to start trading with your smartphone, then a trading App might for you.
Plus500 is one of the leading online CFDs brokers to offer a simple and intuitive App to its users.
In this post you can take a look at what is offered by the App and how you can use it to trade.
Why Plus500 App?
A mobile App allows you to access your trading account from wherever you are, which is good if you don’t have time to sit in front of a laptop each day. So perfect for flexibility.
Traditionally trading was only an option for people who worked in financial companies or the stocks and shares markets. Now thanks to online trading, everyone can have the option to invest for themselves. To get started you just need access to a computer or a smartphone.
The Plus500 App can be downloaded for use to your smartphone with all the same features that you would find on the online or desktop version.
How to Download the Plus500 App
The Plus500 App can be downloaded directly to your smartphone and is available for iPhone or Android devices. The App has received many positive reviews from users which can be viewed via the Google Play/Apple stores review section.
To start the download process, simply search for Plus500 either in the Apple or Google Play Store. If you have a trading account already, just sign-in with your normal log in details.
However, if you’re new to the broker it’s easy to sign up and create an account. Just follow the steps on the screen which will ask you to provide a password and information such as email address and name.
Once that is done, you can decide to either use the free demo or the real trading account.
The whole opening process can be done on your mobile phone including the account verification for the real trading account.
*76.4% of retail CFD accounts lose money
Using the Plus500 App
The Plus500 Application is very user-friendly and is well-designed for smartphones.
You can access all same CFD trade features that can be found on the website. On the App it’s possible to trade leveraged CFDs on the following assets:
Another key feature is that you can receive real time price alerts. You can also see live market quotes so that you can keep track of real time trading. This is a great feature especially if you’re interested in trading in stocks and commodities.
For instance, you can stream live price quotes for commodities like oil and gold which can help you to make fast trading decisions.
Another great feature is that the App allows you to use the demo account feature. So if you want to practice trading without risking real money the demo account is a good option.
It’s possible to easily switch between the demo and real trading accounts whenever you want.
Is the Plus500 App Secure?
Plus500 is a fully regulated broker with regulation licences from CySEC and the FCA (Financial Conduct Authority). You can be sure then that the App is safe and secure to use.
Besides this Plus500 also holds other regulation licences. This includes an FSP licence in South Africa and a regulation licence from ASIC in Australia.
Choosing a regulated broker like Plus500 is important, because it’s the key to protecting yourself against scams. Regulation means that a broker must follow strict rules that have been put in place by the regulators.
These rules include keeping clients funds segregated, as well as allowing trader’s to withdraw their money when requested.
For security reasons it’s not possible to be logged into your account on 2 different devices at the same time.
For instance, if you are logged in to your account via the website on a laptop then you won’t be able to use the mobile App version.
However, any changes made on the App will be automatically synced to the other platform formats. For example, if you open a trade via the App, you’ll be able to see this trade from the online web version of the platform too.
Like the desktop and online platforms, you’ll also be able to make deposits/withdrawals directly from the Plus500 App.
To learn more about Plus500 App and the other features please click here: https://tradingonlineguide.com/plus500-review/
Author of this article and founder of Tradingonlineguide.com
My aim is to help you increase your trading knowledge with helpful content. I come from an economic background and have a strong passion for forex trading. With more than 6 years in the online trading world, I want to share my financial knowledge so that anyone can develop their investment skills.
In my spare time I enjoy cooking and travelling.
Here you can learn more about our review methodology.