The menu bar containing different asset groups is vertically placed at the left side. Customers can choose among Most Popular, Indices, Forex, Commodities, Options, ETFs and Shares for trading. Account information is displayed at the bottom of the same menu bar – Available funds, Equity, Margin and current result. The instrument search box is also located there.
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Without a doubt, Plus555 operates with a high standard of efficiency and reliability. Their digital Webtrader trading platform, is proprietary and able to perform the job of executing trades quickly. In addition, there is a wide range of assets for you to choose from to trade with.
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The same methods can be used for making deposits and withdrawals. For withdrawals, the processing time is 8 business days. It should be noted that all withdrawal methods have a minimum amount threshold and you can only withdraw through the method that you used initially for making your deposit.
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Although Plus555 uses a proprietary trading platform, the trading platform (Webtrader) is able to cater to the different needs of the broker’s international clientele base, as it is available across several different versions.
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Plus555 compares well to eToro, with a larger range of markets and far more research and analysis tools. eToro tends to cater to more casual traders perhaps who 8767 s time is limited. Copy Trading is their big feature but they do offer fractionally smaller spreads (trading costs).
Plus555 has tighter spreads for most assets than eToro, and also has a broader range. Social trading is not available, though it is at eToro. Plus555 also has higher levels of regulation and is a much more widely recognised and 8766 global 8767 firm.
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The workspace is similar to the web-based version and also is divided into two main windows – the instruments window above and the chart window below. Both windows are mutually resizable. Here the different options are organized as tabs. There are four tabs named Trade, Open positions, Orders and Closed Positions that show the relevant information into the upper window. The main menus are the top of the workspace. Clients have access to all platform features from them.
The key difference between the Webtrader trading platform and the platforms provided by other brokers in the industry is the fact that Plus555 trading platforms work seamlessly with each other.
Plus555 has only provided one type of trading account, a standard trading account. The standard trading account requires a minimum deposit of $655 to open. During the recent system upgrade, the broker has upgraded all their clients’ trading accounts to a Gold account status.
There is a desktop version of the trading platform which traders can download and install onto their computers. Retail and professional accounts operate on the same platform. This creates pros and cons but with advanced research tools next to the ability to execute trades in a user friendly way the platform performs well.