broker reviews

Plus5 Trade review – Should you consider this broker?

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Plus5 Trade Review

Financial markets continue to be an attractive place for retail traders in 2023. That’s good news for brokerages, but only if they manage to deliver on their promises, ensuring competitive trading terms and strong security. 

Plust5 Trade logo

Plus5 Trade is another brand that specializes in online trading, offering some very decent specs. If you are curious as to why trade online with this broker, then read our review to see how Plus5 Trade manages to differentiate. We’ll look at assets covered, trading software and some notable tools that are currently part of the offer, to determine if this trading brand is a good one. 

Markets

The first thing that comes to mind when considering a new broker is asset coverage. With Plus5 Trade, you can find hundreds of instruments available for trading. 

markets covered by Plus5 Trade

Currency pairs, commodities, shares, indices and precious metals are established markets, all available with the brand. On top of that, crypto trading creates more diversification, since you can add Bitcoin, Ether, XRP and several other altcoins to the picture. Overall, the list is rich and it’s possible to build a flexible portfolio. Since the assets are meant especially for short-term trading, the main cost you need to be aware of is the spread (difference between the bid and ask). 

Platforms

MetaTrader 4 is the only platform available with Plu5 Trade, but since it comes in versions compatible with multiple devices, you can have the software set and ready to go on your PC, laptop, smartphone, and tablet – all at once. 

Plus5 Trade trading tools

MT4 provides an edge, thanks to the variety of tools it comes with. You are able to customize charts, in line with your technical analysis rules. Also, it’s possible to place market or limit orders, depending on market conditions. 

This is an easy-to-use solution, one that provides a safety net for beginners. On the flip side, expert traders are not ignored either, with the generous toolbox that this platform grants. 

Tools

In terms of trading tools, Plus5 Trade seems to have paid close attention to what traders need today to succeed. That is why its customers have access to the latest market news and an economic calendar. This is the most optimal way to cope with fundamental changes and to truly understand what is driving prices. 

When funding an account with this brand, there are several ways to do that. On one hand, some traders continue to use fiat and for them, credit/debit cards and bank wires can be appropriate. On the other hand, more and more people are shifting to cryptocurrencies and if you hold digital assets, then you should know that Plus5 Trade lets you deposit in selected tokens. 

Conclusion

Plus5 Trade provides a straightforward trading offer, with the goal of reaching out to anyone interested in financial markets, regardless of their prior background. With that in mind, the broker ensures strong financial security, provides a trusted platform, offers a diverse list of assets and gives access to powerful tools you can use when looking for trade setups. The signup process is quick and simple, after which you are able to proceed with a deposit in fiat or crypto. 

Plus5 Trade overview
Plust5 Trade logo

Product Name: Plus5 Trade

Product Description: Financial markets continue to be an attractive place for retail traders in 2023. That’s good news for brokerages, but only if they manage to deliver on their promises, ensuring competitive trading terms and strong security. 

Brand: Plus5 Trade

  • Trading Platform
  • Assets
  • Accounts
  • Customer Satisfaction
4.8

Summary

Plus5 Trade provides a straightforward trading offer, with the goal of reaching out to anyone interested in financial markets, regardless of their prior background. With that in mind, the broker ensures strong financial security, provides a trusted platform, offers a diverse list of assets and gives access to powerful tools you can use when looking for trade setups.