Plus 500 has a rating of 1.44 stars from 16 reviews, indicating that most customers are generally dissatisfied with their purchases. Plus 500 ranks 262nd among Stock Trading sites.
This company does not typically respond to reviews
Plus 500 are a regulated company. However they are trading the markets against client funds. They are manipulating the spreads and prices of instruments in their favour. This limits the potential losses they would have and obviously reduces your chance of any profits or breakeven. They say that their profits do not include customer losses. But it does. They are not allowed do this under the obligations and hence you are trading against all other traders and also the manipulation tactics of plus 500. It is a pandemic with this company. Just search for the reviews and you will hear the underhand tactics that is being employed by them
It was a certain agent of theirs that convinced to invest a large amount, a certain type of investment plan or whatever. Lost my money to trades I never authorised and the matter went on for several months claiming it was all my fault. Devastated and didn't know what to do, go assistance from winconsultants, ltd that took it all up and I was able to win against them and my 236k was returned back to me. I could not forget this whole experience so easily.
I've had investment on stock just before the first Friday at the month when the most important news coming out. Had a stop loss at 10.50 and it close me out at 10.80. Few minutes after went 100+%. Horrible experience. No support or whatsoever I've been told is normal.
Only gullible people "invest" money with dodgy websites with no known business, no reputation etc. No address also a very bad trust index, many bad reviews on the Internet, domain is less than 6 months old, the owner of the domain name is hidden, it's a short life expectancy domain. All thanks to fus.ion.forensicstech
They help me recoup my funds...
Tip for consumers:
fusionforensicstech helps me
Plus 500 are a regulated company.
However they are trading the markets against client funds.
They are manipulating the spreads and prices of instruments in their favour.
This limits the potential losses they would have and obviously reduces your chance of any profits or breakeven.
They say that their profits do not include customer losses. But it does.
They are not allowed do this under the obligations and hence you are trading against all other traders and also the manipulation tactics of plus 500.
It is a pandemic with this company.
Just search for the reviews and you will hear the underhand tactics that is being employed by them
If you have lost money to plus 500 kindly reach out to us. There has been a lot of reports regarding plus 500 lately.
I have closed 3 positions and they did not put the profit in my account. It has simply just disappeared and now Plus500 are giving me the run a round. I have had to make a formal compliant to the Australian financial complaints authority.
Keep away from this mob, there are plenty of better more trusted platforms
Tip for consumers:
use a different platform or just throw your cash out of the car window.
My time, energy and money was wasted by the agents from this firm, i went ahead to invest with them and it all ended in tears even though i ignored all the advise from my colleagues at work who was also a victim of this ponzi scheme. It was too late before i realized i have been defrauded. This was really a sad situation and a terrible nightmare for me as i took some loan to start investing initially. I am so happy the roller coaster experience is over as i was able to recover all my lost investments with profit ph il ip sa nkey 1961 at tutanota com, feel free to reach out fellas as i am open to share my experience.
Being a scam victim can depressing, you were given empty promises. They usually stop replying after achieving their aim with hurts even more, i have been there too as i was too ambitious and wanted financial security which made me invest a chunk of my life savings. I never thought i would be getting back a dime back and already lost hope until i contacted a team whihc was just a leap of faith as i wasn't going to go down without a fight. Hooper group, a recovery team that helped me get a significant sum of my investment. Do not brood alone, make a move too, mail to their team recovery@ hoopergroup. Tech
I have an issue with withdrawal. And i raised ticket as of today almost 6 days over and no response from them. Now they disabled my live chat communiy. I contacted with seniore department and they are also making silence. I request everyone not to invest any fund for this platform
It was a certain agent of theirs that convinced to invest a large amount, a certain type of investment plan or whatever. Lost my money to trades I never authorised and the matter went on for several months claiming it was all my fault. Devastated and didn't know what to do, go assistance from winconsultants, ltd that took it all up and I was able to win against them and my 236k was returned back to me.
I could not forget this whole experience so easily.
They stole my money with lies of crypto investment it was unbelievable, wouldn't even be here alerting others if Geminihacks -.- com didn't recover my funds for me.
If I could give 0 I would
If I could give 0 I would. They are complete and utter SCAM SCAM SCAM. They froze the app in multiple occasions while live trading and closed my positions on margin calls while trying to deposit telling me my bank refused while via debit card when just 5 min later £209 was deposited via APPLEPAY with the same card and because not require to be confirmed by them 2 times but only once the transaction went through but at that point I lost £1000 with 5 marginal calls coinciding with the exact times of deposits attempts. When I confronted them with screenshots and proof…they replied "it was investigated and we do not find and any issue with our platform please contact your bank to sort" I then understood I was waisting my time and decided to contact the FCA and all reviewing websites to make sure this hopefully does not happen to anyone else. STAY AWAY! Plus500 is an utter scam.
Tip for consumers:
STAY AWAY AT YOUR OWN BENEFIT!! Trust me there are FAR Better brokers out there.
Products used:
Contracts for difference
My Experience with Plus500 - A Cautionary TaleAs a former client of Plus500, I find it necessary to share my experience for the benefit of others contemplating the use of this trading platform. This review centers around the abrupt termination of my account and the substantial financial loss that ensued, spotlighting the critical aspects potential users should be wary of, especially Clause 22.6 of the User Agreement.Clause 22.6 allows Plus500 to terminate the relationship with its clients, with or without cause, merely by providing written notice. This clause was invoked in my case, as communicated by an email from a Plus500 representative, leading to an immediate and unexplained termination of my account. The repercussions were severe, culminating in a personal financial loss exceeding $150,000.The execution of this clause without a comprehensive explanation or a prior discussion not only highlights a significant transparency and communication gap but also points to a potential disregard for the financial well-being of clients. The experience has prompted me to question the platform's practices and its approach to client relationships and dispute resolution.For those considering Plus500 as a trading platform, I urge you to proceed with caution. Thoroughly review the User Agreement, paying close attention to clauses that could have profound implications on your financial investment. My ordeal underscores the importance of understanding the full scope of your agreement with Plus500 and the potential risks involved.In conclusion, my experience with Plus500 has been incredibly disheartening, characterized by a lack of clear communication, support, and, most importantly, fairness. The financial loss and the manner in which my account was terminated have left a lasting impact, prompting me to share this review in hopes of providing a cautionary perspective to others.
This is the email that have sent me:
Please note that your account will be closed in 30 days' time, i.e. 19 April 2024. During this period you will not be permitted to place any new orders or undertake any new transactions. You can, however, continue to fund margin, access your trading reports and withdraw funds to source.
We apologise for any inconvenience this may cause, but our decision is final and we will not enter into any more correspondence on the matter.
Regards,
Transaction Monitoring Team
Plus500UK Ltd
They couldn't give any reason they are just CROOKS
Carefully pls
Abcdebtcollectors, com is your best option when it comes to getting your money back. They have already helped to resolved hundreds of cases and have the experience and know-how to successfully track down and recover your scammed funds. With their help, I was able to recover the $76,000 I invested in plus 500.
PLUS 500 ARE WORST CRIMINALS IN HISTORY
BE AWARE PLUS 500 ARE THIEVES
PLUS 500 THEY ARE RIP PEOPLES MONEY
RUN AWAY FRIM BIG CRIMINALS
Their services are certainty not of " The Best CFD Trader in Europe ", if you wish to have such a claim, you should aim for a higher standard of employment.
The broker which was assigned to me is very informed about trading but he finds difficulty sticking to our scheduled calls and always comes up with an excuse.
The withdrawal procedure is also difficult but manageable
After trading with them for over 4 years, i Was eventually scammed. No thanks to financial ombudsmen. They were not able to help me out not until i met Mr Lucas at Zenithsecurity. Org. You can reach them for help if having similar issues.