Currently, Plus has a platform that has generated a loyal and dedicated client base within Asia and Europe.
Guaranteed stop losses come with a catch which are higher spreads which in simple terms is the brokers fees. This means that the added security that this feature brings comes at a cost with additional fees.
It also can only be applied on certain trades. Overall, guaranteed stop losses are a great risk management tool especially if a trader predicts high volatility for a trade. Long-term though, guaranteed stop loss fees add up so it should be used sparingly. Trailing stops are a way to lock in profits.
This tool ensures a trade remains open as long as the price continues to move in the traders favour. If the price though moves in the other direction by an amount specified by the trader the position will be closed. Like stop loss trading this feature is free to use with no additional spreads or fees.
Slippage though still can occur ensuring meaning that higher losses can occur when high volatility exists. MetaTrader 4 is one of the most popular pieces of software in the Forex market and amazing has been so for over ten years. Nearly every broker boasts MetaTrader 4 MT4 in its suite of trading platforms offered to clients. We discuss some of the reasons why this platform has stood the test of time down below.
The Metatrader 4 trading platform has been a favourite among brokers and traders for nearly ten years. In fact marks just over 10 years since the evolution of Metatrader 3 was released. The MT4 platform truly is a powerful online trading platform that has stood the test of time. The software was designed by MetaQuotes to provide brokerage facilities to customers in three main financial markets: Forex, CFD and Futures markets.
Despite numerous trading platforms, some more superior, being developed in that time, Metatrader 4 is still one of the best forex trading platforms available currently. Many Forex brokerage businesses have been formed over the last ten years as a direct result of the Meta Trader 4 tool. Plus provide a single trading platform, their simple to use and disorder free Plus Web Trader platform.
The novel Plus platform is instinctive and simple to use. It necessitates no download and works effortlessly from your browser so will work for both Mac and PC users. Plus apps can be downloaded from App Store and Google Play. It is one of the top investment mobile applications that I have annoyed. Formerly what makes it so inordinate? The main features work correctly in all situations and the software is significantly simpler to use what numerous of its contestants platforms.
You will be capable to invest in the similar way as with desktop or PC. I annoyed the mobile app also from a place where there was a slight worse internet connection, and then the achieved make investments as simply as with desktop computer.
For a limited time, anyone who opens a free demo account at Plus Another great feature of the Plus trading platform is the unlimited use of a demo account provided to novice traders that offers no risk experimenting for as long as needed. This enables newbies to practice researching, placing and tracking trades and learning the ropes of CFDs and other financial instruments commonly traded on Pluss Plus is easy to understand and use and includes the Plus webtrader tutorial package that is one of the best tutorial packages available anywhere.
This platform allows for lower minimum deposits and access to more exchange capabilities in more diverse trading markets and is fully loaded with all the real time price feeds and tools necessary for technical analysis of trades, industries and trading platforms.
Plus traders can choose desktop, web-based or mobile applications for conducting trades using Plus Investors who usually trade on their home computers can use the traditional downloadable version of Plus For those who conduct investment activity from a work-related laptop or other non-personal computer, Plus WebTrader would be a good choice. Traders who need mobile access to their trading accounts can always access Plus using Smartphones, tablets and other electronic mobile devices.
A standard trading account includes free unlimited use of a demo account for practicing trading in various markets. When customers open a live standard trading account, the minimum initial deposit is presently Euros and Plus This bonus is in addition to the welcome bonus customers receive, the amount of which varies from 30 to Euros, depending on the amount of the initial deposit.
There are no commissions payable to brokers on trades made on Plus Instead of paying commissions, traders pay a slightly widened spread on investment assets and start with a minimum of 2 pips, The Plus fees are like other brokers. Pluss allows traders to develop and maintain diverse investment portfolios in a wide range of trading assets. Customer services are offered online in over 20 languages, including English, French, German, Spanish and Chinese.
The Customer service is available via email or live chat, but customer service is not available using the telephone. Pluss broker allows traders to use credit and debit cards for depositing and withdrawing funds, as well as Moneybookers, PayPal and wire transfers.