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HomeReview500Pips Review | Is 500Pips the Best Brokerage Around?

500Pips Review | Is 500Pips the Best Brokerage Around?

500Pips works as a CFD broker and forex broker. From the outset, the goal was to provide open trading for everyone regardless of location while reducing traditional financial institutions’ reliance.

The 500Pips review is not complete without mentioning its education center, giving access to the most important educational tools in this industry, such as webinars and ebooks. Over the years, 500Pips has continued to grow, and today provides access to stocks, digital assets, commodities, currencies, ETFs, and indices, including via CFDs.

500Pips offers clients more than 40 pairs of currencies to trade, including major, secondary and non-traded currencies.

CFDs 500Pips Review

500Pips has a wide range of assets available for CFD trading, including unique assets such as indices. It also allows traders to trade tiny amounts of assets and use leverage.

CFDs are available for commodities, cryptocurrencies, Forex, and indices. As an example of fees, at the time of writing, the difference between CFDs in NSDQ100 was 240 points.

500Pips Stock Review

500Pips also offers shares to those who wish to trade these assets. It is possible to trade stocks in the traditional way or through CFDs, depending on preference.

Stock trading commissions on 500Pips are suitable. There are differences of 0.09 percent for trading CFDs in stocks, plus one night fees and extension fees. Customers can access 20 stock exchanges in 500Pips.

500ips Crypto Review

500Pips offers a good range of cryptocurrencies in CFDs. This cryptocurrency trading method allows you to make a profit without actually having to own any digital currency.

While many brokers are starting to offer CFDs for digital currencies, if you review 500Pips offers for digital currencies, you’ll see that this broker is miles ahead of the crowd. Most brokers will offer up to six pairs of cryptocurrencies, but 500Pips provides more than ten pairs.

Types of accounts

 500Pips offers many accounts, aims to diversify its investor base, and gives each account many essential advantages to encourage the novice investors and professionals to enter into large investment transactions, including:

Basic Account

This account has a minimum deposit of $ 250 and a welcome bonus of 20%. This account is the most suitable type for traders who do not have experience in the Forex market. Through this account, the trader will obtain all of the following:

  • Customer support service 24/5
  • Easy access to the educational center
  • Daily Market Review
  • Professional educational seminars
  • Daily notifications of financial asset prices
  • Daily market analysis

Bronze Account

A minimum deposit of $ 100 and a welcome bonus of 40%. Through it, the customer gets several rewards and special offers. Through this account, the trader will obtain all of the following:

  • Customer support service 24/5
  • Easy access to the educational center
  • Daily Market Review
  • Professional educational seminars
  • Daily notifications of financial asset prices
  • Daily market analysis Personal account manager  (an expert is always there to answer all your inquiries).

Silver Account

A minimum deposit of $ 2,500 and a welcome bonus of 60%. In this account, traders can obtain experience and skill in trading deals. Through this account, the trader will get all of the following:

  • Tight Spreads (Silver Spreads)
  • Customer support service 24/5
  • Easy access to the educational center
  • Daily Market Review
  • Professional educational webinars
  • Daily notifications of financial asset prices
  • Daily market analysis
  • Personal Account Manager (a dedicated expert who helps you build a diversified and balanced trading portfolio).

Gold account

A minimum deposit of $ 10,000 and a Welcome Bonus of 80%. The Gold trading account represents the highest level of service and provides clients with many unique features:

  • Tight Spreads (Gold Spreads).
  • The customer support service 24/5.
  • Easy access to the educational center.
  • Daily Market Review.
  • Professional educational webinars.
  • Daily notifications of financial asset prices.
  • Daily market analysis.
  • VIP Personal Account Manager (Premium Account Manager who guides you on what to do before significant market events and will inform you about market forecasts every week).
  • Gold signals: You will receive trading signals in real-time on your phone or email.
  • Personalized trading strategies.

Platinum Account

A minimum deposit of $ 25,000 and a welcome bonus of 100%. The Platinum Trading Account represents the highest level of service and provides clients with many unique features:

  • Tight Spreads (Platinum Spreads).
  • The customer support service 24/5.
  • Easy access to the educational center.
  • Daily Market Review.
  • Professional educational webinars.
  • Daily notifications of financial asset prices.
  • Daily market analysis.
  • VIP Personal Account Manager (Premium Account Manager who guides you on what to do before significant market events and will inform you about market forecasts every week).
  • Platinum Signals: You get real-time trading signals on your phone or email.
  • 1 for 1 personal advice.
  • Personalized trading strategies.

Ease of use

 500Pips offers a highly usable website with professional design and easy browsing, another positive point in this review. It’s easy to navigate the website between the main navigation bar with its drop-down menus at the top and the bottom navigation bar. The search bar also helps.

Potential users who want to review 500Pips before signing up will also appreciate the ability to view the accounts and platforms before doing so. This allows potential customers to make an informed decision even before signing up.

While you review cryptocurrency, Forex, or CFD support, you will likely be satisfied with the results. The broker has a broad help center, which acts as a FAQ section. There is a suitable search option, plus topics divided into more than ten categories.

Additionally, 500Pips has a customer service page that allows you to contact its team. This page converts you based on whether you are currently visiting or using. From there, you can open a new ticket.

500pips Payment method review

500pips company offers many payments, deposit, and withdrawal methods so that every trader can find the appropriate way for him in any place where he is also suitable for his financial capabilities. Wire transfers, MasterCard, electronic wallets such as Neteller, and Skrill.

Choose from a wide range of secure and convenient payment methods. Also, the support team available all day will help you manage your account in the best possible way, and if you need any assistance regarding payment methods, contact them via email or live chat.

Withdrawal policy

500pips gives Gold account holders their first withdrawal for free. Most withdrawals set a service fee of 3.5%.

If this ratio is equal to $ 30 or less, then the trader is charged a standard withdrawal fee of $ 30. The maximum service fee for one withdrawal is $ 3,500. Please note: The beneficiary will pay commissions for bank withdrawals.

The Conclusion

After analyzing 500Pips.net it is clear that the website is easy to navigate, which is essential for new traders entering the market.

A decisive factor for many people involved in trading is security and trust in a broker, well with 500Pips.net we feel they offer this in abundance.

We conclude that 500Pips is an extremely reputable broker where new and experienced traders can thrive.

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