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In this review of the trading platform Plus500 will discover everything you need to know about this software. Since this broker not offers MetaTrader 4, is can affirm that not is suitable for all those operators. If do trading algorithmic, scalping or analysis technical mass, or you use EAs, is best that seek a platform more advanced as MetaTrader 4 or CFD. On the other hand, if you are looking for a broker in good standing with a powerful, yet simple platform, this option is for you!
Analysis of the platform of Trading Plus500
Plus500 does not have MetaTrader, although it has developed its own solution. This wants to say that the company is confident of its platform, since their customers not have any another option for operate. This is justified by the great amount of time and resources that Plus500 has dedicated to its platform so meets them standards more high of it industry.
Features of the Trading Platform Plus500
Plus500 has an interface simple and minimalist, which is quite interesting for the beginners. The simplicity is an aspect striking to those investors newly arrived to the market. In the main window of Plus500, it is possible to see the pairs of currencies, commodities and indices quotes. Is worth mentioning that you can see prices of several instruments financial in an only place. In the main window you can also appreciate the open and pending positions, and trading history.
The main window displays a lot of information divided into 4 categories, which is really handy. The most important section is quotations, featuring the price movements and the option to open orders. To this section, it is possible to add a list of all the instruments available in the broker divided into different categories.
The Trading Platform Plus500 graphics
Graphics (a visual representation of the movements of prices) are located in the main window of the platform. Here you can apply different indicators to predict the direction of the market. However, this degree of simplicity has its cost, since there are only 15 indicators and 10 available speeds (less than in other software).
Similarly, in Plus500 it is not possible to use custom indicators, EAs, or algorithmic trading.