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Anyone use Plus500

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  • 03-01-2014 1:47pm
    #1
    Registered Users Posts: 495 ✭✭


    I've downloaded the software and its good the way they provide a demo option to get a feel for their software. I am just wondering does anyone else use it?

    I'd like to know how pluss500 makes money, do they charge for each transaction and is there commissions?

    Also is the value on the offered funds accurate to the actual market price or are they slightly different in favor of plus500?

    Any feedback would be great as its my first time investing and I don't want to be screwed with charges.

    K


Comments

  • Registered Users Posts: 7,157 ✭✭✭srsly78


    It's all CFDs, they make money off the spread. You can't actually buy shares or commodities with them.


  • Registered Users Posts: 313 ✭✭strmin


    Rollover charges much higher than competitors.


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