500 Markets Overview
This broker has been in the business for a few years and has grown to have millions of clients from all corners of the globe. Trading is available in thousands of instruments across commodities, forex, shares, indices, ETFs, and cryptocurrencies.
This also stands out when it comes to fees, tradable instruments, trust and stability, deposit and withdrawal, platforms, and customer service. This platform also shines in the fields of education and research.
500 Markets vs Competitors
500 Markets sets apart from the rest by having proprietary mobile and web-based platforms and offering MT4 and MT5. Also, it provides some unique tools compared to other service providers. This broker also provides flexibility in which it has many types of accounts to cater to many different trader profiles.
Who is 500 Markets for?
This broker is ideal for newbie traders, with its reliable and responsive customer service, intuitive platforms, and a wide array of educational and research resources. It can also cater to active and sophisticated traders with other types of account that provides access to advanced trading instruments and competitive pricing.
What Deposits and Withdrawals do 500 Markets use?
500 Markets being a regulated broker provides an incredible array of safe funding solutions and keeps funds according to trust, confidence, and safety with top-tier separated bank accounts. On the other hand, always check according to your dwelling what methods and conditions apply to you or some regulations that might differ.
Deposit Methods
500 Markets enables money deposits and withdrawals of earnings via different methods, which take account of the following. At the same time, you might also pick a base currency for your trading account for fast and simple transfers and no conversion charges.
- Bank wires
- Credit card
- e-wallets
Do 500 Markets Offer a mobile trading platform?
Yes. At this point, it is almost impossible to visualize trading with no mobile trading platform because it enables you to track and keep updated with the condition at whatever time you want and whenever you are. 500 Markets platform also pleases traders with an array of technical analysis and chart opinion features it provides.
500 Markets Customer Support
When it comes to customer assistance, 500 Markets made it as simple and comfortable as possible; therefore, its traders or investors will be supported and pleased at any step.
You might refer to the assistance with any question or concern and rely on superior service while the friendly and responsive support team can be reached in many ways like phone, live chat, and email. They respond to your query as fast as possible.
Does this broker offer educational tools and resources?
Yes. Along with its competitive offering and state-of-the-art feature, we found out that 500 Markets also supports learning resources and tools ideal for new and skilled traders. They offer trading videos, guides, and a trading glossary where you can find superior and useful information. Moreover, this broker offers blogs with forex market overview, research materials, and analysis to support the ongoing trading procedure.
Packed educational tools and resources by advanced MT capabilities and technical examinations, forex trading ideas, and other capabilities are available at {broke name}.
500 Markets Pros and Cons
Pros
- Excellent broker with years of experience
- Fast and responsive customer service
- Packed with research and educational tools and materials
- Ideal for newbies and skilled traders
Cons
- Not available in some countries
Conclusion
As a whole, 500 Markets provides a full offering to investors and traders from all corners of the world. Along with its controlled and legalized environment, this trading platform offers advanced capabilities and a competitive condition amongst market offerings. Also, it is one of the few brokers that allows a high leverage ratio.
There are also different trading styles supported, including the system to use, program, or platform trading. Based on our analysis, 500 Markets is surely a broker that everyone must consider. 500 Markets is a beginner-friendly broker. The platforms are user-friendly and have good education tools and research resources. But, despite the many perks, it also has minor drawbacks like high charges in some accounts.
