Started well but technical issues stuffing up my closing numbers!!
So started really well with just 1k. Went up to 2k with the buy and sell (open and close) of shares. Technical issues then kept closing my oil shares at a loss!! I lost $1477 because the closing amount changed from the desired 24.20 to a miserable 23.91!! Automatically!! Without notification!! What the heck?!?!?
i started trading with Plus500, lost 10k put another 5k in
Opened positions on the Indices for quick trades, as soon as you place a trade they will pause the 'close' button so you cannot exit your position for minutes to hours at a time. Especially if it goes against your position they will not let you close the position until you lose the role. I have screenshots of it all see attached for 6 mins from +840 to down 2k then they open up and auto close it .
"Stay away. Run for your life"
We where told we where starting off low just use $30.00, Just to learn over the weekend. By the end of the weekend, all money had gone $30.00 plus all money out of total balance (hundreds) and when we asked the guy how this happened was it told it was our fault (when asked how couldn't explain). Stay away, I'm just happy it wasn't thousands as has happened to others.
Lost over 19,000 euro to these cons. Once I told them I needed to make a withdrawal, all kinds of funny stuff started happening to my account balance. They went as far as to lock me out, and apparently NO ONE knew anything about it. I threatened to call the police if I didn't get my money back. They just blew me off and blocked every number I called them with. Eventually had to scour the internet/yellow pages to find someone trustworthy to recover my funds and I suggest you do the same. A lot of posers posing to be recovery agents. I'm only writing this to warn others. Cheers..
Frustrating and terrible platform
I have been trading on this platform. At first, it was okay but if you make profit, you will have difficult opening new position. There's a frustrating notice saying that you have reaches the maximum... Even though I have no position for that specific instrument. It seems like being punished by making profits.
Its 100% SCAM!
They do destroy peoples lifes. The company is 100% SCAM! They got support by financials authorities who let them represents itself as a pro trade company! How its can be so? Im in the process to find a lawyer to recover my money. Im a victim. Lost about 60k. My case now with AFCA but doesn't look they can do much. the platform they use must be investigated.
The reviewer stated that an incentive was offered for this review
A very bad one Indeed
I just hope you don't experience the hard times I went through after trading with Plus500. They entirely took all I had and left me with nothing. After investing so much with them, they denied my several attempts to get my funds out. All thanks to Prime Finance Recovery who quickly came to my aid. They almost wrecked me to the last if not for the sake of this firm who helped me with my funds out. Visit https://primefinancerecovery.com/ to lodge your complain if you've been in a similar situation.
- Verified customer
It's a registered casino has nothing to do with investment to take your money legally, They took all my money and when I complained to authorities, they restricted my account from opening any new positions, whatever money you do here you, they will take it back at some stages,
Great Web Platform
I really love their web platform, everything is transparent and easy to use. My only complaint is that they do not allow scalping & there is some vagueness on what constitutes scalping which made me a little nervous. Therefor I went in search of other CFD brokers who allows scalping so if I make any profits I am allowed to keep my profits no questions asked.
Initially impressed but back office support is dangerously absent.
This company looks good and appears professional but it seems to be a veneer that is easily undermined once you interact with its trading platform. I deposited money, submitted all my id and was unable to trade still for a number of weeks.
Some research revealed that they have offices in Israel and an Eastern European country, and while they report to have an office in Sydney, I never spoke to anyone based there. I was therefore even more concerned when I discovered that they are using gmail as a platform to communicate with customers, maki...ng communication potentially flawed as they send confidential information via a third party platform. The only support is from people with fake first names who can not string two words together and who portray little confidence that what they are telling you is truthful. Sadly, I'm left wondering if this company consists of a few Grade 12's that got together to try and set up a trading platform without considering "quality".
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