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You can find the products categorized on the left or you can search by typing in the product name. If you use it, the spread will be wider.
This is the extra cost of using this order type. To get a better understanding of these terms, read this overview of order types.
These orders can be canceled at any time before they are executed, i. However, there are no other order time limits provided. We liked the platform's alert and notification functions.
The alert lets you know if the price of an asset reaches a certain level or changes by a set percentage. Plus provides transparent portfolio and fee reports.
The composition of your current portfolio is also made clear, which you can check in the bar at the top of the platform.
As part of Plus's September update, clients have the opportunity to use 9 charts simultaneously on WebTrader, similarly to eToro's solution.
To enable Multiple Charts on Webtrader, look for a button with four quadrants on the chart's toolbar. The Plus mobile trading platform is very similar to the web platform.
It has the same functionalities and is also user-friendly. You can also use your smartwatch, but we stuck to a conventional smartphone and tested the mobile iOS app.
It was great. Plus is a CFD broker. There are some cryptos as well, but less than at eToro and XTB. On the other hand, with a Professional account , you can use wider leverage ranges.
Changing the leverage is a very useful feature when you want to lower the risk of your trade. Be careful with forex and CFD trading, as the preset leverage levels are high.
The charting tool is of good quality. Compare research pros and cons. You can contact customer service via live chat and email. There is no phone support and Plus no longer serves clients via WhatsApp.
Instead, there's an integrated 'Contact Us' page for inquiries. We tested the Plus live chat several times. It was always quick and reliable. After the conversation, you can rate your customer agent instantly, which is a good way to provide feedback.
The email customer support was also fine. The answers we got were all relevant. All education related materials can be reached on the Plus website under the 'Trader's Guide' section.
Visit education page Plus is based in Israel and was founded in Plus was established in The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises.
Plus is listed on the Main Market of the London Stock Exchange , which is a big plus for safety as Plus releases financial statements regularly and transparently.
As of September , the biggest owners of the company were mostly large investment banks and asset management companies, including JPMorgan.
Find your safe broker. Plus is a good CFD broker. If you are not from the UK, you will most likely be served by alternative regulators, like Plus Cyprus.
Attention Daytraders! Therefore, if you plan to execute many trades within 2 minutes, Plus is not your broker. Spreads are competitive, but financing rates are quite high.
Lastly, the account opening process is great. Toggle navigation. Plus Review Gergely K. Sep Gergely K.
Recommended for experienced traders looking for an easy-to-use platform and a great user experience Visit broker Overall Rating.
Compare to best alternative. Author of this review. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets.
He concluded thousands of trades as a commodity trader and equity portfolio manager. Gergely is the co-founder and CPO of Brokerchooser.
Our readers say. I just wanted to give you a big thanks! I also know people who work full-time, have a family to take care of, and still have time to trade.
I was fortunate to join IM Academy through my niece. She was under and part of a trading team called Tradehouse. Within our team, we have three millionaire earners and leaders named David Imonite, Dr.
Rafael Spiller, and Bryce Thompson go ahead and look them up! Spiller is one of the most renown Forex traders in the US.
And being a part of the Tradeshouse group, you have access to trade ideas and signals from out group that is sent out almost everyday.
All you do is simply input the numbers provided to you in your mobile app and you can instantly start making money.
Many times this will pay your monthly costs. However, again you must be a part of the Tradehouse downline to have access to trade ideas signals.
You can hear more from Dr. Spiller talk about the benefits of IM Academy Mastery below. If someone has already told you about IM, to be fair you should reach back out to them to get started.
But as I mentioned, make sure they are part of a supportive team and can help you personally. So evaluate how they are doing and make sure you will be part of a great supportive group.
If you learned about IM through my site, then I encourage you to join our team. With being a part of my team, you will be part of Tradehouse and able to receive trade idea signals everyday so you can start making money immediately.
Check out just a few of the groups you can be a part of with me. So if you choose to join with me, click here or the button below.
You will also have my personal phone number you can use in case you have any questions. Source: Investopedia. The image above gives an example of an Elliot wave.
Because Elliot wave theory can be very subjective, we prefer to use a pivot count to help me determine wave exhaustion. This usually translates into a minimum of seven pivots when going with the trend, followed by five pivots during a correction.
Sometimes the market will not cooperate with these technical assumptions but it can occur often enough to provide some very lucrative trading opportunities.
Below is an example of the wave in action blue arrows mark the direction. Chart 5: Elliot Wave. By combining the moving average diagnosis with the pivot count and then fine-tuning the analysis with an observation of candle patterns, a trader can stack the odds of making a successful trade in his or her favor.
Remember trading is a craft, which means that it is both art and science and requires practice to develop consistency and profitability.
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