PlusMarkets

General Information & Regulation

PlusMarkets is a brand owned by UR Trade Fix Ltd established in 2015, based in Cyprus and regulated by CySEC (registration number 285/15), an online broker offering traders to buy and sell various financial instruments across different asset classes-forex, shares indices and CFDs.

Market Instruments

PlusMarkets offers a basket of instruments on offer, covering contracts for differences, forex, shares, indices, cryptocurrency and commodities.

PlusMarkets Minimum Deposit

PlusMarkets has three main account categories. These include Classic, Advanced, and VIP. Each of these categories has different account types. These account types vary depending on the investment a customer makes. According to the account options displayed on its official website, the minimum deposit to open an accounts is incredibly up to €1，000，so investor should think twice trade with this broker, in case there is a scam scheme.

PlusMarkets Leverage

PlusMarkets says to offer up to 1:200 in leverage to those clients who classify as professionals. Otherwise, the maximum levels provided are up to 1:30, in line with ESMAs guidelines.

Spreads & Commissions

In terms of spreads and commissions, PlusMarkets advertises spreads as low as 0.1 pips on majors, but this claim can not be vertified. Most regular brokers will require certain commissons if their spreads are pretty low.

PlusMarkets Trading Platforms

Trades are executed via the MT4 trading platform at PlusMarkets, an advanced trading platform that was launched in 2005. The platform provides traders with live quotes, real-time charts, in-depth news & analytics, tailored tutoring, as well as a host of order management tools and indicators. The MT4 trading platform is available as a desktop application for Windows and Mac computers, and a web version that can run directly on most modern web browsers — Chrome, Safari, Firefox, and Edge — without the need to download or install any additional software. PlusMarkets also provides traders with the PlusMarkets platform, which is an in-house-developed trading platform that is available in the web version.

Deposits & Withdrawals

PlusMarkets accepts only major credit/debit cards -Visa, MasterCard, and Maestro — for both account deposits and withdrawal purposes.

Customer Support

PlusMarkets support team can be reached via the following contact channels: telephone, email, online form, and Live Chat.