Plus500 may be one of the most established Forex brokers in the world, but that doesn’t mean their offerings are archaic. In fact, Plus500 crypto currency offerings are some of the broker’s newest and most popular offerings of late, proving that you can, in fact, teach an old dog new tricks. Plus500 offers bitcoin trading through its CFD trading service. Ethereum, bitcoin cash and ripple are other cryptocurrencies available for trading at Plus500.
Like most brokers, Plus500 crypto trading offers limited leverage. The leverage on cryptocurrency trading is limited to protect traders from volatility that can cause severe losses, though the company’s diligent regulation prevents us from listing the leverage available for cryptocurrency trading.
One significant advantage of trading bitcoin or other digital currencies with Plus500 is their Traders’ Sentiment tool which is featured prominently on each cryptocurrency page. This tool shows what percentage of traders are buying each cryptocurrency, and what percentage of traders are selling, so that you can consider trends before placing your order.
Underneath this easy-to-read indicator is important information which Plus500 keeps entirely visible, including the spread, spread percentage, minimum trade amount, maintenance margin and other details. We truly appreciated this transparency, especially since so many brokers tend to hide the trading terms or change crypto trading conditions without warning.
As a broker regulated in multiple jurisdictions, Plus500 is an excellent choice for anyone looking to trade bitcoin or other cryptocurrencies in a secure, regulated environment.
Review info: Plus500
Review Date: 2018-07-29
Rating : 4.5
Reviewed By : Sara Patterson (Google+)