Review
4.1
Plus500 is #19 in our CFD broker rankings.
Review
3.5
Tiger Brokers is #100 in our broker rankings.
Traders from UK accepted
Traders from UK accepted
Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC.
Founded in 2014, Tiger Brokers is a stocks and securities broker based in China, offering 350+ products on a proprietary trading terminal. The broker is regulated by the Monetary Authority of Singapore (MAS) among others, and is listed on NASDAQ. As of 2021, the broker has 2 million account holders with an annual trading volume of $404.3+ billion.
3
Based on 1 Plus500 customer reviews
- Plus500 provides a specialized WebTrader platform designed explicitly for CFD trading, offering a clean and uncluttered interface
- The broker offers commission-free trading on a diverse range of markets, minimizing additional fees while appealing to established traders
- Plus500 has recently bolstered its suite of short-term trading products, including introducing VIX options with enhanced volatility
- You can utilize leverage while engaging in long or short positions, allowing for more strategic trading opportunities
- The customer support team continue to provide reliable 24/7 support via email, live chat and WhatsApp
- I’m satisfied with the brokers strong industry reputation, with multiple awards, custodian backing (including from Interactive Brokers and DBS bank), and its appointed listing on the NASDAQ
- I think Tiger Brokers competes well with similar brands when it comes to market coverage, with an excellent range of stocks and funds from US and Pacific exchanges
- I appreciate that there’s no minimum deposit to get started on the powerful trading terminal, which is accessible via a stable desktop app or mobile device
- I also appreciate that the broker supports fee-free deposits via bank wire and Wise, in a range of currencies including HKD, USD, AUD and EUR
- I feel relatively safe registering with this broker since it holds reputable licenses with multiple bodies including the SEC, FINRA and MAS
- There’s a free demo account available for those who want to browse the platform’s features before committing real funds
- I found several customer service options, including a live chat, telephone number, WhatsApp and email
- Plus500’s lack of support for MetaTrader or cTrader charting tools might be a deal breaker for advanced day traders looking for familiarity
- Educational resources are limited compared to best-in-class brokers like eToro, impacting the learning curve for beginners
- The absence of social trading means users can’t follow and replicate the trades of experienced traders
- Compared to some competitors, especially IG, Plus500’s research and analysis tools are limited
- Algo trading and scalping are not supported, which may deter some day traders
- I think some traders may feel restricted by the single proprietary platform offering, with no access to popular third-party stock trading terminals like MetaTrader 4
- Compared to traditional brokers, there’s limited account funding methods which may be a drawback for traders used to depositing via e-wallets
- Compared to some other brokers, I think the range of educational resources and market analysis tools is lacking a little
- I’m a little disappointed that there’s no EMEA market access which would serve a wider cohort of investors
- Best Overall Broker 2021 - DayTrading.com
- Best Overall Broker 2020 - DayTrading.com
- Best Overall Broker 2019 - DayTrading.com
- WebTrader
- App
- Tiger Trade
- TradingView
- Apple Pay
- Credit Card
- Debit Card
- Mastercard
- PayPal
- Skrill
- Trustly
- Visa
- Wire Transfer
- TransferWise
- Wire Transfer
Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.
4.3
4.1
- USD
- EUR
- GBP
- AUD
- ZAR
- CZK
- USD
- EUR
- AUD
- Australian Securities Exchange (ASX)
- Borsa Italiana
- CAC 40 Index France
- DAX GER 40 Index
- Deutsche Boerse
- Dow Jones
- Euronext
- FTSE UK Index
- Hang Seng
- IBEX 35
- London Stock Exchange
- Nasdaq
- SIX Swiss Exchange
- Australian Securities Exchange (ASX)
- Hong Kong Stock Exchange
- Nasdaq
- New York Stock Exchange
- Shenzhen Stock Exchange
- Aluminium
- Cocoa
- Coffee
- Copper
- Corn
- Cotton
- Gasoline
- Gold
- Livestock
- Oil
- Palladium
- Platinum
- Silver
- Soybeans
- Sugar
- Wheat
Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.
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