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Plus500 Review

The Company

Plus500 is owned by Plus500UK Ltd, a UK based company with its main offices located in London. The company is authorized and regulated by Financial Conduct Authority.

The company has been a rapidly growing CFD Service provider in Europe and Asia and currently offers its portfolio of over 1000 instruments to over a million clients. It is also one of the highest rated CFD trading apps on Apple’s AppStore and Google Play.

Plus500 was founded in 2008. It introduced the first Trading Platform which enabled traders to trade on movements in the price of shares, indices, commodities and forex without having to buy or sell the underlying instrument. The company was listed on London Stock Exchange in 2013.

The Trading Platform

If you review other forex brokers, you would realize that most of them offer multiple trading platforms. Plus500 differs in this regards, and only has one platform on which you can easily make a trade. For traders who only like to use specific platforms like the MetaTrader 4 platform, this can be a blow. Despite this fact, this broker has still received a very good review. The reason behind this is that their platform is extremely impressive and is definitely worth a try.

CFDs are the only products available on Plus500. Please note that by trading CFDs customers can lose all the funds deposited. Please be aware of the risks involved.

Available in three different forms, downloadable, web based and mobile, the Plus500 platform offers you convenience and portability. Though it is available in different versions, all of them are identical and bear the same features, and so it is easy for you to switch between them whenever the need arises.

The platform lets your review all vital information on a single screen. Tabs located on the topside of the screen easily let you gather any details you want without having to conduct extensive searches. The new traders will particularly find the platform very useful for their first time forex trading experience.

No Commission

Plus500 offers very tight spreads, for example a 2 pips spread for EUR/USD trading. You never pay commissions: the spread of the instrument that you are trading and the funding premium cover all the costs. You only pay the funding premium if you hold on to your position for longer than 1 day. It’s a specific percentage per day that varies from the instrument that you are trading.

So trading EUR / USD with a 10 000 euro position only “costs” the spread, which is 2 euro. This is a huge advantage! Other brokers or regular banks mostly ask a fixed commission and you would pay more than 20 euros for opening and closing such a position.

Bonus Offer

When you first sign up with Plus500, you will be entitled to one of the best introductory offers on the market.  The company currently provides all new clients with £20 free (no deposit required) plus an additional bonus worth up to £6000 (depending on how much you deposit).  For more information on the promotion and how to open an account, just click here.

Conclusion

Plus500 offers a no frills approach with a simple yet robust trading platform. Yet even the website has a slightly sparse look to it and the lack of telephone dealing means that for some traders, it may simply be too basic. It could be argued that what Plus500 lacks, it makes up for in its tighter spreads, but this is only occasionally true. All in all, Plus500 offers a lot to beginners but is a fairly standard entry into the world of forex trading.

 

Jim Cramer Action Alerts Plus Review

Jim Cramer really needs no introduction.

He was an ultra-successful hedge fund manager who walked away from the business after one of his best years ever. He is a well-known media personality who hosts a wildly successful television show called “Mad Money with Jim Cramer”. He is a part-owner of TheStreet.com, frequently penning articles for the site.

He has written books, appeared on major talk shows and is frequently quoted in major media stories.

There is no middle ground with Jim Cramer. Either people really love him or really hate him.

Regardless of what you think about him, there is one thing that is for certain – it’s not often that an average investor can see exactly what stocks a former hedge fund manager is trading.

This is the idea behind “Action Alerts Plus”, a membership service that is offered by TheStreet.com and Jim Cramer.

What is Action Alerts Plus?

This powerful service, Action Alerts Plus allows users to follow the stocks Jim Cramer buys and sells for his charitable trust fund of the same name, Action Alerts Plus. Subscribers are given email updates of stocks Jim Cramer will buy or sell before he makes the trade – trades he must commit to, due to SEC regulations. Users have found this particularly helpful, stating if you follow Cramer’s picks, following the charitable trust will make you big money. Buy when he buys and sell when he sells.  Follow his trades in real time.

Emails are sent 1-3 times a day updating the trades of the stocks held in the charitable trust that Jim Cramer and his staff including Stephanie Link are going to make. Cramer also sends short reports regarding stocks held in the charitable trust. These can be really helpful and give you an idea of what research Jim and his staff use to buy or sell a stock. These are not spam and are extremely helpful to give you an idea of how professional investors and traders make decisions.  The website describes in detail the background of both Jim and Stephanie as well as their investing philosophy.

Is it Worth the Cost? How will it Help My Investing Strategy?

Action Alerts Plus can also be very helpful for beginning investors. Being able to follow Cramer’s daily trades and the specific reasoning behind his stock moves is entertaining and educational. Although you can follow the trades of other investing experts, Cramer maintains a particular style in Action Alerts Plus that you have to try for yourself.  Check out the 25 Rules of Investing and 10 Commandments of Trading before signing up. These pages give you some insight into where he is investing foundation is laid.

Action Alerts Plus invests in mostly well known blue chip and large cap stocks. These are mostly household names of large conglomerates that are the best of breed in their sector. You will see very few small caps or anything remotely volatile as penny stocks. Stocks like John Deere, Apple, Oracle, and Bank of America are present in the fund. It also happens to buy a lot of dividend stocks. Cramer is not a day trader in this fund but certainly not a buy and hold investor. This makes dividend stocks highly profitable.

The main problem with Action Alerts is the trading style that Mr. Cramer adopts for the charitable trust. It is a larger fund than most readers can duplicate and because of this he can adopt a more frequent trading style – often doing quarter positions in a stock and then growing it over time (or moving out of it over time). For example, if Cramer wants to initiate a position in a stock, he might buy 20% of what he really wants to test the market and make sure he can get it at the price he wants. Most investors do not have this luxury and in fact may overpay.

What’s the Bottom Line?

The majority of users will never have the amount of money like Cramer to invest and so cannot trade in this way as effectively nor can they trade in as many different stocks. Since they cannot mimic Cramer’s portfolio they tend to not be diversified.

Nevertheless, Action Alerts Plus should enable you on how to learn to invest and trade. By appealing to the everyday investor, the charitable trust speaks in a language that is often comfortable and with less jargon. Although some could argue this is a disadvantage, Cramer does all of the work for you. You would benefit to know the jargon but you don’t have to.

Action Alerts Plus is a great starting premium investment service.  If you are still undecided on whether to sign up because of the price you can sign up for the free trial version which I am using to review the service. You will not be flooded with spam email, pressured into buying further services, or receive unrelated emails.

Start a monthly subscription of Jim Cramer’s Action Alerts PLUS for only $59.95 and receive your first 14 days FREE!

TradeRush Review

Created in 2011, TradeRush is a brokerage company that is part of the group Edbruke Investments Limited, a global group of binary option trading based in Cyprus. This brokerage company is managed by professionals in finances and the Internet industry.

Boasting an elegant design, the TradeRush broker offers excellent graphic tools, notably thanks to their SpotOption technical platform. The advanced technology of this platform offers irreproachable execution of orders and allows the negotiation of more than 100 underlying assets with the types of High / Low, One Touch, and speed trading options in 60 seconds.

Platform Overview

TradeRush uses SpotOption as their trading platform, which is the preferred choice for most traders.  Through their platform you can trade binary options on over 100 different assets in a variety of financial markets including commodities, currencies, stocks, and indices.   They also have a mobile application so you can make trades right from your smartphone.

The user interface of this platform is extremely easy to navigate and only takes a few clicks to start trading.  They currently offer over 100 assets to trade with and several different trade types to give you plenty of options to choose from.  The trade types available on this platform include: High/Low, Option Builder, Option Pro, One Touch, and 60 Seconds.

To start trading binary options on the TradeRush platform, you just have to follow these simple steps:

  1. Select Your Trade Type and Asset
  2. Choose Your Expiry Time
  3. Enter Your Investment Amount
  4. Choose Which Direction You Think The Market Will Go (Up or Down)
  5. Click “BUY”.

Trading Tools

General

A mobile trading application for the iPhone exists to trade binary options on TradeRush. Some forex platforms are working on an advanced development to enable their traders trade TradeRush binary options from MT4.

Technical

There is a market sentiment button that aids traders gauge market bias for the assey they want to trade. TradeRush also offers line charts to monitor active trades and also acts as a rudimentary tool for technical analysis for experienced traders.

Fundamental

There is a news tab for fundamental traders to monitor market events with.

Assets

TradeRush does have a pretty good selection of assets to choose from.  Here’s a breakdown of the assets they currently have available.

  • 44  Stocks –  You can trade stock options from all the biggest companies in the world such as Apple, Nike, Google, IBM, Facebook, and plenty more.
  • 25 Currency Pairs – They have more forex currency pairs than most brokers with a huge selection such as USD/GBP, USA/AUD, GBP/JPY, and much more.
  • 10 Commodities –  TradeRush has a good selection of commodities that include Silver, Gold, Wheat, Corn, and Oil.
  • 28 Indices – They have a great selection of indices that include NASDAQ, S&P 500, DAX (Germany), FTSE 100 (U.K.), and more.

TradeRush 1 TradeRush SCAM Dont Trade! read before trading

Deposits and Withdrawals

For deposits and withdrawals on TradeRush, the following payment methods exist:

1)    Bank wires must deposit a minimum of $200. A $30 fee is charged for transfers that are lower than this amount. Withdrawals using wire transfers are charged $30.

2)    Skrill (view all Skrill binary brokers here)

3)    These credit card brands are accepted: MasterCard, VISA, American Express, Maestro, and Diner’s Club.

Minimum Deposit

The minimum deposit is $200 or 200 GBP/Euros irrespective of the payment channel used.

Maximum Deposit

Maximum deposit limits on TradeRush are $10,000 for credit cards, $5000 for Moneybookers and unlimited amounts for wire transfers.

Deposit Info

Credit card verification must be carried out before using the credit card option. Send a government issued photo ID and scanned copies of the front and back of the card with the last 4 digits blocked off.

Withdrawal Info

The minimum withdrawal amount for bank wires is $100 but $30 for all other payment channels. Card withdrawals and wthdrawals using Moneybookers are free. Only one free withdrawal is permitted per month.

Pros

Even though TradeRush is a relatively young trading platform, they are worth a serious consideration due to the following reasons:

  • Efficient Trading Platform
  • Large Diverse Asset List
  • Good Customer Support
  • High Returns
  • High Welcome Bonus
  • Low Minimum Deposit And Trade Requirement
  • 4 Main Types Of Trade
  • Mobile Trading Supported
  • Fast Processing Of Withdrawal

Cons

When you go over what TradeRush is offering their clients, there really isn’t anything to complain about. Despite being established only in 2011, they seem to be a pretty mature business operation.

Conclusion

Overall, this is a great trading platform for both beginner and advanced traders. They have great risk-management tools such as Rollover and Double Up, which allow you to extend your trade’s expiry time or double your investment amount in mid-trade.

TradeRush had made it very easy for anyone to access the financial markets with their low minimum deposit requirement of $200. But what I like about them most is the fact you could trade with an amount as low as $5! Very few brokers had made it that affordable. If you are looking for a binary options broker to deal with, I seriously urge you to consider TradeRush as one good possibility.

>> CLICK HERE to visit TradeRush Website <<

 

Optionally, we highly recommend you check out the following Binary Options platforms:

>> BossCapital

>> Redwood Option