Best binary option broker 2012
Plus500 Broker Review: Good Scam Cover-up or Trusted? I am coming up with very contradicting results in my research of the Best binary option broker 2012 broker.
The deeper I dig the more surprising concerns and complaints I find, but they definitely have a good way of smoothing things over when they are made public, yet it seems that until that does happen, their overall customer service is less than satisfactory. Don’t get me started on their platform and the numerous problems people are having with it. Plus500 was founded in 2008 and is an online brokerage service that specializes mainly in the forex market. You have access to a wide variety of financial instruments including options, ETF’s, indices, forex, and shares and spreads start as low as 0.
Their platform is considered to be very easy to use and clutter free, though I have read in many forums and discussions that it does have some problems from time to time which I will discuss further on. They also offer a variety of risk management features such as trailing stops, price alerts, guaranteed limit order, and stop loss. Although Plus500 is a regulated broker with CySEC, FSA, and ASIC they have not been without issues. You can see the penalty details for more information. Mobile Trading Today many of the brokers offer apps for your mobile phone or tablet so you can take your trading wherever you go. In the case of Plus500, this really has been made very effective and clean.
The app can be downloaded from the Google Play or App Store and has been raved about as being a great mobile app, making all the features easily accessible and easy to use. The Plus500 Demo Account Now, I always love it when a broker offers a demo account. This gives you the opportunity to get a feel for their system and get an idea of how it really works. It also offers the trader a chance to see if there are any issues or delays. One thing that I have noticed with many broker demo accounts is that they are tweaked in a way to give you far more successful trades than you would get using a real account. In the case of the Plus500 demo account I have not spotted any trading being allowed when the markets are closed, though I have seen a number of issues with vast differences between profits. It’s interesting how many profit using the demo account and get excited, yet the moment they feel comfortable and decide to invest and try trading in the real world using the exact same software, the results are beyond disappointing.