At Cryptocoin Stock Exchange we pride ourselves in reviewing the most popular crypto trading platforms, like 500.trade. In our 500.trade review we have concluded that 500.trade is a recommended platform for trading, it is not a scam. You can sign up with 500.trade in the link below or continue reading the full review for more info.
The way of trading may have changed over the years due to the world going digital, but its profitability has remained the same. Even today, people are making millions from the financial markets and supplementing their income or fulfilling other financial goals. The good news is that there are no such barriers to entry that you have to put up with. The only thing you need to do is partner with the right broker and you are good to go. The definition of a suitable broker can vary for everyone, as some may be more interested in a top-notch trading platform, others prefer excellent security, and there are also those who want to have a variety of trading products. 500.trade review will tell you what you can find with this broker.
There is no shortage of companies offering their services in the market and the sheer number can result in confusion. A review can help you assess the offerings of a broker to see if it is suitable or not. This is exactly what you need to do in the case of 500.trade. Ready to get started?
500.trade’s Asset Offerings
It is important to check out the asset offerings of a broker before you decide to sign up with them. After all, this will have a direct impact on how much you are able to earn. Most companies claim to offer you the leading options in the market, but only a few are actually able to deliver what they promise. If you want to avoid disappointment, it is best to check the offerings beforehand. 500.trade certainly doesn’t disappoint its clientele because they provide exactly what they promise. You can trade more than 700 instruments on their platform.
The best thing is that these belong to some of the leading financial markets in the world and are quite popular and profitable. You can trade foreign currency pairs in the forex market, buy and sell shares of companies in the stock market, deal in baskets of stocks in the indices market, trade hard and soft commodities, or even invest in digital currency pairs available in the crypto market. Diversification has been made easy with 500.trade due to the range of assets they have added.
500.trade’s Trading Software
One of the most notable features of any broker is their trading software, which connects you to the market and allows you to open and close positions. It is also equipped with trading tools that can be handy during the process. No two companies will ever offer you the same software to use. Some develop their own, while others offer you one of the existing ones in the market. 500.trade belongs to the former category, as they have created a web-based solution for their clients.
This software is accessed via their website, so it is compatible with all devices, be it desktop, tablet or smartphones. There is no need for downloading it anywhere, which makes it quite flexible because it doesn’t tie you to one device. Furthermore, 500.trade has used powerful and innovative trading technology for creating a feature-rich yet simple trading platform. It is easy to navigate and they have incorporated top trading tools, including custom indicators, price alerts, trading signals, live charts and graphs, market analysis and also risk management tools.
500.trade’s Account Plans
A company that’s catering to traders of different skill levels will offer several account plans to accommodate them. After all, every trader has different risk tolerance, experience and skill as well as trading style. Hence, a one-size-fits-all approach cannot be used when it comes to offering them account plans. Therefore, 500.trade has also created six account plans that are designed to ensure that every trader can find an account plan they are comfortable with.
The Basic account (€250 deposit) is for novices with no experience, while the Bronze account (€1,000 deposit) is for beginners. Intermediate traders will be comfortable with the Silver account (€5,000 deposit), whereas advanced traders will feel more at home with the Gold account (10,000) deposit. For skilled traders, the Platinum account (€25,000 deposit) has been created by 500.trade. As for the Elite account, it is more suited to professional and VIP traders.
This last account is only available upon invitation and there are certain requirements that have to be fulfilled before traders become eligible for it. Your account manager can provide you more details about it. Some features are common across all accounts at 500.trade, like daily market review, PRO webinars, education center access, price alerts, daily video analysis and customer support. Others are specific to some accounts like welcome bonus that starts with the Silver account at 20% and increases to 40% and 60% in the Gold and Platinum accounts. Exclusive position access, personalized trading strategy and 1-on-1 training are some of the features that are provided in these accounts.
500.trade’s Customer Support
One of the most important features of any broker is their customer support and you need to ensure it is available because you can get stuck at any time. 500.trade is aware of how important this support is and so, they have ensured that their clients don’t have to suffer. They have added a number of channels on their platform, such as email, phone and live chat. You can use the method that appears convenient to you and depending on the urgency of your problem.
You can also schedule a callback at your preferred time by filling out the contact form on the broker’s website. The agents are available 24/6 and they are friendly and prompt and will do their level best to solve your problem. In addition, 500.trade has also added an FAQ section where you will be able to find answers to questions that are asked frequently. This may save you from having to contact customer support.
When you consider the security offered by the broker, their educational resources, transparency and competitive pricing, you can conclude that 500.trade can be a suitable trading partner for any trader, no matter what their experience.