Experiences with Plus500 – Scam or Not?
Plus500 is a well known CFD broker that attracts traders with an unlimited demo account.
Plus500 has not been the top broker a couple of years ago but they really worked hard on becoming one of the top addresses. Plus500 is now regulated and authorised by the Cyprus Securities and Exchange Commission (Plus500CY Ltd CySEC License No. 250/14), which operates under strict rules, and is listed in the London stock exchange. That alone makes this broker more secure than 99% of all other brokers. You cannot just scam your customers when being a publicly listed company.
Forexpeacearmy doesn’t call Plus500 a scam and there are some larger sites that promote Plus500. Considering the size of this broker, you will find relatively few negative reviews across the web. There will be a few somewhere but this is true for every single broker.
Anyways, if we had to make a choice to recommend you three reliable brokers where it is least likely you get scammed, then Plus500 is on top of the list. You can sign up there immediately through this link. Let us know how your experiences have been.