500 Markets is an online broker service that pops up in many peoples’ searches for the ideal digital trading platform. It has an impressive reputation and a track record of happy clients, but what exactly does it offer- and who is it best suited to?
This review takes a closer look at what the platform is all about- exploring some of the standout features and the core feedback from current users. It provides a simple, honest overview of one of today’s most popular online brokers.
At a Glance
Before getting into detail, here is an at-a-glance overview of the must-know information.
Pros
- Excellent customer service
- Fast platform
- Attractive user interface
- Useful strategic tools
- Advanced reports and analytics
- Top-quality security protocols
Cons
- Slow setup process
- Mobile app still in development
- Not available in some countries
Costs
- Monthly subscription (four options: one free version, three priced tiers with various inclusions)
- Three percent charge for withdrawals (does not apply to top-tier subscribers)
- Some commissions for exchanges (rates change based on the subscription choice)
- Minimum initial deposit of $100
Payment Methods
- Credit card or debit card (Visa or Mastercard)
- Bank transfer
- Digital wallet
Currencies
- US Dollar
- Euro
- Pound Sterling
- Japanese Yen
- Bitcoin
- Ethereum
Markets
- CFD trading
- Stocks and bonds
- Commodities
- FOREX
- Crypto trading
Who Uses 500 Markets?
The user profile at 500 Markets seems to be very mixed. It attracts more experienced traders because of its advanced settings and flexible options, but it also markets itself as a beginner-friendly investment space.
People who use 500 Markets are pretty independent and confident- with an appreciation for the simple approach and a fast-paced environment. Although everyone can find the platform beneficial, someone with some previous knowledge of basic trading apps can really get the most out of the high-level tools and strategies offered on 500 Markets.
Is It Legit?
Yes, 500 Markets is the real deal. There are plenty of unsavory so-called broker services out there, so it is smart to question whether or not a platform can be trusted. 500 Markets ticks all the boxes of a genuine digital broker and exhibits none of the red flags people need to look out for.
All the brokers are licensed professionals, the trading practices are according to industry standards and regulations, security protocols are up to scratch, and there is a sense of honesty and transparency about what trading is and what the platform can actually do to make a difference.
More About Trading with 500 Markets
500 Markets is a general broker, but it specializes in CFD trading. Contracts for difference let people trade on share values without owning any assets- instead, they invest in contracts and sell them when the value is where they want it to be.
It is a lesser-known market but is growing in profile, and 500 Markets is the perfect place to learn the ropes. The platform’s industry experts provide training and tutorials, and the advanced technology makes it easy to strategize, analyze, and speculate.
Other options include currency exchange- international and crypto. There are also stock options across dozens of industries, so there is certainly no shortage of variety.
The Interface: Style and Substance
The desktop interface is second to know. User experience is nearly flawless, and the design is one of the best. Navigating the platform is easy, thanks to intuitive controls and streamlined display. 500 Markets’s content is just as good, with relevant real-time displays and essential market data no more than a click away.
Unfortunately, the mobile platform isn’t quite there yet. It is a great tool for staying connected and monitoring activity- and it does look pretty good so far- but it is still in the development stages and needs a little more work to meet the exceptional standard of the desktop interface.
Review Roundup
There is no doubt that 500 Markets is one impressive online broker. It makes the entire trading experience more accessible and enjoyable and helps users kick things up a notch. Anyone looking to get serious about their investment journey should view this as an unmissable opportunity.
Subscription options and sign-up details are all available on the official 500 Markets website.
Disclaimer: This is a sponsored marketing content.
