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500Investments Review
Company Overview
500Investmens is an online trading brand providing access to a multitude of cryptocurrency instruments, alongside other asset classes. With next-generation trading technology, competitive spreads, fast execution, advanced graphs from TradingView, and 100% secure trading, the broker offers its services for customers all around the world, except for several restricted countries, including the USA.
Cabsy Holding Ltd, the mother company, is a financial investment brand with years of experience in the field and had used that to build a full pack of trading services currently available with 500Investments. More about the services and all the important trading functionalities will be discussed in our review.
Trading Platform
The main goal of the 500Investment platform is to help traders discover smart investing. Built in-house, the platform is web-based and combines simplicity with sophistication to connect traders to the world markets, including cryptocurrencies, and on top of that, FX, stocks, indices, and commodities.
Via the platform, traders can use one-click order execution and some of the latest trading tools (TradingView charts, Social Trading, etc.), backed by live charts and real-time data feeds, as well as trading signals and the latest market news and analysis.
Trading cryptocurrencies means access to the markets all day long, which is why the 500Investments can be accessed via mobile devices as well, be it Android or iOS. The software has no issue in integrating all the functionalities on mobile, without sacrificing performance. It is important to note the platform is available in English, Dutch, Deutsch, and Espanol, to provide some further diversification.
Account Types
To support traders with different financial conditions, the broker offers access to Basic, Silver, Gold, Platinum, and Diamond trading accounts. The 500Investments account types offer is designed so all customers will get to trade with multiple trading benefits.
A basic account will require a small deposit worth 250 USD/EUR/GBP and even with the smallest account, traders get access to industry-leading entry prices, 24/6 support, access to the trading academy, daily market brief, and others.
Upgrading the account will provide more benefits, depending on the type chosen. The list includes VIP seminars and webinars, support from a senior account manager, exclusive updates, wealth management, VIP prices (tighter spreads), and giveaways.
All clients will get access to the full list of cryptocurrency instruments, that includes tens of different contracts, denominated in USD, EUR, AUD, or JPY. At the same time, traders can trade crypto-to-crypto pairs in USDT, BTC, ETH, or XMR. With 500Investments, you can trade Bitcoin, Ether, Ethereum Classic, Dash, Litecoin, Bitcoin Cash, Stellar, XRP, and other tokens without holding the underlying instruments.
Fiat deposits are accepted at 500Investments in EUR, USD, or GBP, with the minimum amount required for a basic account set at 250. The same methods will be used when making a withdrawal. In this case, traders will need to send a request that will be then accepted and processed within 3-4 business days. The standard withdrawal fee is $30. 500Investments had designed a system that will prevent third-parties from conducting unauthorized financial operations on your account.
Customer Service
To get in touch with a 500Investments representative you can fill the Support Form available on the broker’s website, or use the support email address. On top of that, there is a mobile phone number available to call when you have an urgent matter to solve. There is no live chat support feature, but it is important to note 500Investment provides support 24/6, much better than with most of the other brands.
Trading Education
Encouraging responsible trading is part of the 500Investments mission and because of that, there is expert education available for all levels. Customers can boost their trading skills and knowledge with resources related to CFDs, FX, and cryptocurrencies using comprehensive educational materials. The list of resources includes extensive video courses, insightful eBooks, live webinars, and seminars, as well as daily market briefs or support from dedicated account managers.
Summary
500Investments had proven to be a reliable online trading brand, considering its experience in the market. At the same time, the broker offers access to multiple trading benefits for traders that want to get involved in the cryptocurrency markets, alongside trading other asset classes (FX, stocks, indices, or commodities). It is a brand that wants to promote diversity, an important requirement, considering 500Investments wants to reach customers all around the world. There are no reasons to believe this broker does not act in the interest of its customers and because of that, we are pleased to award a high rating.
500Investments Review
Product Name: 500Investments
Product Description: 500Investments had proven to be a reliable online trading brand, considering its experience in the market.
Brand: 500Investments
Offer price: USD/EUR/GBP
Offer URL: https://www.500investments.com/
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Trading Platform
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Languages
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Spread
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Support
Summary
500Investmens is an online trading brand providing access to a multitude of cryptocurrency instruments, alongside other asset classes. With next-generation trading technology, competitive spreads, fast execution, advanced graphs from TradingView, and 100% secure trading, the broker offers its services for customers all around the world, except for several restricted countries, including the USA.
Pros
- Support for tens of different cryptocurrency instruments, denominated in fiat or crypto.
- An advanced trading platform designed to deal with the crypto market challenges.
- Multiple account types available, with different features for traders around the world.
Cons
- Basic account holders don’t get access to many educational resources.
- Only larger accounts benefit from small trading costs.
