September 26, 2021

Top Forex Brokers

Updated information about PlusMarkets 

Reviewed broker: Plus Markets 

Location: Cyprus Securities Exchange Commission

Operated by UR Trade Fix Ltd., the company behind Tradeo

Established in 2015

Regulation CySec Cyprus

Trading instruments: 300+ contracts-for-difference (CFDs), forex, shares, indices, cryptocurrencies, and commodities 

US traders are no accepted

Trading Conditions and Features

STP (Straight Through Processing) yes

Spreads as low as 0.1 Pips

Maximum leverage 1:30 

Why Trade with PlusMarkets

  • STP (Straight Through Processing) trade execution for a better and transparent trading space. Providing a vast scope of tradable assets from FX Currencies, Global Indices, Stocks and Commodities on MetaTrader 4, one of the most renowned trading platforms being offered to investors at the moment.
  • Automated Trading Software and Strategy Generators. The add-ons are useful when wielded directly on the PlusMarkets MetaTrader4 platform.
  • Trader Education branch comes with an entry to Trading Central technical analysis and a whole multimedia trading library

Trading Platforms

Check this out! There is no free demo account! This is definitely the best indicator for the broker to be shady!

Trading is available through MT4, iOS, Android, and web-based platform, PlusMarkets Trader.

Metatrader 4

MetaTrader 4 has established itself as the industry standard. Combining an intuitive user interface with a customisable feature-rich environment, the MT4 trading platform provides everything a trader needs to chart assets, place orders and manage positions.

MT4 arrives with an imposing collection of tools for analysing with up to 9 time-frames provided for every asset that has support on the platform. With a built-in library of more than fifty tech indicators and entry to refined analytical tools, traders utilizing MetaTrader4 got every tool needed to identify their trends, and with the usage of Advanced order kinds, entry and exit points are really definable for all trades. Market Orders, Pending Orders, Stop Orders, Trailing Stops. All these are part and parcel of MetaTrader4.

Mobile

Via PlusMarkets MetaTrader4 Mobile one may use the world-renown platform on their smartphone, anywhere at any time. Provided for iOS & Android.

Desktop & Internet

With entry to 3 distinct chart kinds, 9 time frames, more than 50 pre-installed tech measurements and a completely customizable GUI, MT4 offers the chance to oversee the marketplaces with focus.

PlusMarkets Trader

A web-based platform, PlusMarkets Trader, is the newest addition to our line-up of trading platforms. Compatible with all browsers, PlusMarkets Trader doesn’t require any installation, so it is incredibly lightweight and extremely responsive on any device.

Designed to sync with all our MT4 platform versions, PlusMarkets Trader is a fully-featured trading platform:

  • Supports all our asset classes
  • One-click trading
  • Multiple time-frames
  • Trade directly from charts
  • Multiple chart types
  • Advanced order types

Plus Markets trading Accounts

All account types receive:

  • Online Chat Support
  • Demo Account
  • STP / No Dealing Desk
  • Access to all Trading Platforms
  • Seminars
  • Stop Out Level 50%
  • Segregated Bank account *
  • Variable Spread 0.1 pip
  • Maximum Leverage 1:30 

PlusMarkets offers six different account types for its clients. Whether you are just starting out or are an advanced trader, there is an account that best caters to your individual requirements and preferences. Clients can choose from the Bronze, Silver, Gold, Platinum, Premium, and VIP account. 

Payment Options

Minimum deposit requirement is $200

It seems that the broker works with cards, wire transfers, and some alternative payment methods, which aren’t specified.

And while all deposits at PlusMarkets are free of charge, withdrawals are charged with the following fees:

-$30 for all wire transfers of up to $10 000;

-0.30% for all wire transfers above $10 000;

-$15 for withdrawals via credit cards;

-1% (but no less than $15) for withdrawals made through alternative payment methods.

Support and Education

PlusMarkets also offers a comprehensive education portal and Video Academy that outlines different assets at length. An in-depth educational series of learning videos is available to help give traders an introduction into CFDs and other asset classes.

How was the rating of PlusMarkets performed compared to other brokers? 

This 2021 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on PlusMarkets FX broker performance and features. 

Overall our online PlusMarkets review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online PlusMarkets or you find inaccurate details PlusMarkets broker review please get in touch with us and the changes will be applied.