Plus500

plus500

The Plus500 Trading Platform is straightforward and easy and allows you to trade with no commissions or hidden fees. Plus500 is compensated for its services through the bid/ask spread.

The main screen of the software contains the buy/sell prices of all the instruments available. When entering an order to buy an instrument, the advanced trading platform allows you to add a stop loss, profit limit or trailing stop to protect your position and profits.

The trading hours for each instrument can be found on the Trading Platform under the details link for that instrument.

Trading example:
You signed up and deposited $5,000 via Skrill.

  • Balance: $5000. (Deposits - Withdraws + P&L of closed positions)
  • P&L = $0. (Total profit and loss of all open positions including daily premiums)
  • Available Balance: $5000. (Balance + P&L of open positions - Initial Margins)
  • Equity: $5000. (Balance + P&L of open positions).

You think that Google shares will fall soon, and decide to go ‘Short’ on Google.

5:07pm - you click ‘Short’ beside the ‘Google’ stock in the main screen the sell price is $290.
Your criteria are:
Number of Shares (CFDs): 100
Close at profit rate: $280 (profit will be 100*$10=$1000)
Close at loss rate: $310 (loss will be 100*$20=$2000)

The total amount you go short is: 100*$290 = $29,000.
The Initial Margin that is needed for the Google shares is 10%: $2900.
The Maintenance Margin that is needed to maintain Google's position is 5%: $1450.

Your position is now:

  • Balance: $5000
  • P&L = 0 (usually the spread of Google is 50 cents so you would have a P&L of -$50)
  • Available Balance after you sold Google is: $2,100. 
    ($5000 - 10%*$29,000 = $2,100)
  • 'Equity': $5,000 ($5000 + $0)

9:05pm - Google climbs to $300.

  • Balance: $5000
  • P&L: -$1000 (100*$290 - 100*$300)
  • Available Balance: $1100 ($5000 - 10%*$29,000 -$1000= $1100)
  • Equity: $4000 ($5000 - $1000)

You decide to cut your losses and buy Google - you press 'Close Position' in the main screen (near your open position).

9:05pm - your market buy executes at $300. You lost $1,000 on the trade.

  • Balance: $4000
  • P&L: 0 (no open positions)
  • Available Balance: $4000
  • Equity: $4000

Trading with Demo Funds

The best way to learn how trading works at Plus500 is to download our free software, open an account and trade with demo funds. Also read through the online help pages to get you trading quickly and effectively.

A free Demo Account features:

  • No time limit
  • Real market conditions - everything exactly as real trading conditions
  • No risk - learn all the Plus500 features without risking your capital
  • Setup, check and simulate trading strategies
  • Online help and support team backup

FxPro

fxpro

Trade the World's Markets with FxPro

In our 10 years at the top of the online forex trading industry, our company has become renowned for its professionalism and fair trading practices. We work tirelessly to provide our clients with all the instruments, tools and services they need to trade the world's markets. In addition to forex, trade a range of instruments with our leading platforms, competitive spreads and superior execution.

Open Trading Account

Trading CFDs involves significant risk of loss

Forex Trading Platforms

Whether you trade forex or one of our other asset classes, you are well catered for by our three industry leading platforms.

FxPro MetaTrader

  • 6 different asset classes
  • Fixed and floating spreads
  • Instant and Market execution
  • Leverage from 1:1 to 1:500
  • All Expert advisors supported
  • Negative balance protection

FxPro cTrader

  • Spreads from 0 pips
  • Full market depth
  • No requotes
  • Leverage from 1:1 to 1:500
  • Algo trading through cAlgo
  • Negative balance protection
 
 
Open Trading Account

Trading CFDs involves significant risk of loss

Introduction

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EconomyVN is news website sharing financial information, knowledge and strategies for forex (foreign exchange), gold, ... EconomyVN quickly updates the latest news from the world's financial markets.

We provide information, knowledge about forex trading activity, trading of gold, provide knowledge in the field of financial investment to the investor. Besides, we give support information of trade such as guidance and counseling in order to maximize profits for investors.

Our activities:

  • Share information and knowledge about forex market, gold, ...
  • Quickly update news with developments on financial markets
  • Entertainment, funny pictures

EconomyVN only cooperates with Forex Brokers leading reputation in the world (as a member of organizations such as NFA, FSA, ....) to present to investors, because we know the account safety issues such as investment funds, customer information are the most important factors.

Forex.com

Introduction to the Forex Market

What is Forex?

"Forex" stands for foreign exchange; it's also known as FX. In a forex trade, you buy one currency while simultaneously selling another - that is, you're exchanging the sold currency for the one you're buying. The foreign exchange market is an over-the-counter market.

Currencies trade in pairs, like the Euro-US Dollar (EUR/USD) or US Dollar / Japanese Yen (USD/JPY). Unlike stocks or futures, there's no centralized exchange for forex. All transactions happen via phone or electronic network.

 

Who trades currencies?

Daily turnover in the world's currencies comes from two sources:

  • Foreign trade (5%). Companies buy and sell products in foreign countries, plus convert profits from foreign sales into domestic currency.
  • Speculation for profit (95%).

Most traders focus on the biggest, most liquid currency pairs. "The Majors" include US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar. In fact, more than 85% of daily forex trading happens in the major currency pairs.

 

Why trade Forex?

With average daily turnover of US$4 trillion, forex is the most traded financial market in the world.

A true 24-hour market from Sunday 5 PM ET to Friday 5 PM ET, forex trading begins in Sydney, and moves around the globe as the business day begins, first to Tokyo, London, and New York.

Unlike other financial markets, investors can respond immediately to currency fluctuations, whenever they occur - day or night.

 

More Info

"All About the Foreign Exchange Markets in the United States", from the Federal Reserve Bank of New York.

 

About us

EconomyVN is news website sharing financial information, knowledge and strategies for forex (foreign exchange), stocks, commodities and making money.

Blogeconomyvnnews.blogspot.com

Email: info@economyvn.com