broker reviews
Plus5 Trade review – Is it a secure trading brand
About Plus5 Trade
Trading the markets today involves a whole lot of knowledge, preparation, professional tools and competitive costs. While most of the responsibility is on your shoulders, the broker you work with plays a part in your success (or failure) as well.
Plus5 Trade is an emerging provider of retail trading services that seems to be well-aware of its responsibilities as a leading trading brand. It promises attractive terms for anyone who wants to open a trading account. We want to check whether that’s actually the case, because a lot of brokers out there promise but never fulfill. That’s what this review is for.
Asset diversity
The list of assets covered by the brand includes forex, crypto and stocks. These are popular instruments that can fit any type of portfolio. Moreover, the list of instruments also includes commodities, indices and precious metals, which further adds to your optionality. Based on risk tolerance, trading costs and opportunities, you can create a very diverse investment basket, minimizing risk and seizing opportunities.
Spreads and overnight swaps (for trades kept open overnight) are the main trading costs you should be aware of. Plus5 Trade does not charge other trading commissions. Execution is fast and secure, mainly because the platform used by the broker is very popular.
Benefits of MT4
MetaTrader 4 is your main gateway to the markets when working with Plus5 Trade. That’s a very big plus – MT4 has been around for a long time, and it is used by millions of traders worldwide. That speaks for itself.
Charts can be easily customized with tens of indicators and several drawing tools. MetaTrader 4 has support for MQL4 so you can also add Expert Advisors to simplify the trading process. The platform works on multiple devices and doesn’t need advanced hardware to run smoothly. In case you want to regularly watch the markets throughout the day via your phone, MT4 Android or iOS can get the job done.
Account management
Opening and managing a trading account with Plus5 Trade is something anyone can do. You need to provide identification details, upload documents to verify the account and then proceed with a deposit.
The payment options currently available are bank transfers, credit cards and a selected number of cryptocurrencies. When making a withdrawal, all you need to do is send a request and one of the agents working for Plus5 Trade will handle it.
Be aware that in order to be eligible for withdrawals, your account must be fully verified. Make sure you’ve done that by meeting all the compliance rules. Also, there is only one account type when working with Plus5 Trade, regardless of how much you are able to deposit.
Bottom line
Plus5 Trade considers the needs of traders and its current trading offer tries to incorporate all the tools demanded. You can activate a trading account relatively quickly in order to start trading hundreds of assets using MetaTrader 4. Thanks to the security features, your funds are always protected. The broker uses advanced tech and transparent policies.
Plus5 Trade overview
Product Name: Plus5 Trade
Product Description: Trading the markets today involves a whole lot of knowledge, preparation, professional tools and competitive costs. While most of the responsibility is on your shoulders, the broker you work with plays a part in your success (or failure) as well.
Brand: Plus5 Trade
-
Trading Platform
-
Assets
-
Accounts
-
Customer Satisfaction
Summary
Plus5 Trade considers the needs of traders and its current trading offer tries to incorporate all the tools demanded. You can activate a trading account relatively quickly in order to start trading hundreds of assets using MetaTrader 4. Thanks to the security features, your funds are always protected.