A Quick Introduction
500 Markets is a modern trading platform and online broker service that focuses on simple, efficient practices and hassle-free investments. It offers a sophisticated, professional-style interface with all the tools and strategies to match- along with a supportive learning department that encourages people to progress confidently through their trading journeys.
What People Like
500 Markets has an excellent customer service department.
Customer service agents are available 24/7 through various channels. Email support works best- with fast, helpful responses on weekdays especially. The weekend is a bit slower but still impressive, plus there is an around-the-clock automated chat that can help with most queries.
There is an impressive selection of investment opportunities.
500 Markets provides access to hundreds of stocks, shares, and commodities across various industries. It also has an excellent CFD trading platform as well as access to the FOREX and Crypto markets. No matter what a person is looking for, how big or small their budget is, or what type of risk they want to take- they can find a perfect fit through 500 Markets.
Training courses are readily available.
Expertly designed interactive courses and tutorials are standout features at 500 Markets. Beginners and advanced traders alike can learn something new with professionally led demonstrations and examples. There are also downloadable study materials for leisurely reading and independent learning.
Live data trackers make market analysis easier.
Tracking data can be tricky, but it is essential for successful investing. Speculations are easier to make (and easier to get right) if a person has all the information they need to be displayed clearly and efficiently in front of them. 500 Markets does that with intelligent live trackers and streamlined displays- all with advanced analytical software to back them up.
Things to Work On
Some elements of the mobile version are still developing
One or two small design details could be a bit more polished
What It Costs: Fees, Subscriptions, and Other Requirements
It is possible to use 500 Markets without a monthly subscription, but access and opportunities are limited. The best way to go is with a paid account. Luckily, the platform is great value for money and offers more than one price option.
Paid subscriptions are fairly all-inclusive- removing the additional costs and fees that come with the free access version. Without a paid monthly account, people pay 3.5% on all withdrawn funds and are charged around 2% commission on exchanges and some other transactions.
Other requirements include an initial minimum deposit payment of $250. Users must also be over the age of 18 and in an area where 500 Markets is licensed.
User Experience
500 Markets’ designers definitely put a lot of thought into how the user experience should be. From the beginning, there is an obvious client focus and supportive atmosphere that makes people feel instantly comfortable and more confident.
Joining a trading platform can be an intimidating move, and many new users are put off from continuing because the experience of trying to navigate the controls and find the answers is just all a bit too much, but that doesn’t happen with 500 Markets.
Right from the beginning- during the setup process- the platform’s representatives ensure the new member has all the information they need and know exactly how to get support when required.
Platform Performance
The platform is generally pretty consistent in its speed, functionality, and consistency. There don’t seem to be any glaring issues- and there aren’t even many minor niggles. Other than one or two reports that take a bit longer to load than others, there isn’t really much to say other than this is an impressive program.
Even the mobile version is high-performing and very reliable. As long as the device has a strong internet connection, the platform loads well, maintains a seamless flow, and keeps up with whatever the user is trying to do.
Verdict
500 Markets gets the seal of approval. It is a genuinely valuable broker service with a lot to offer. The sophisticated interface and varied investment choices are just the tip of the iceberg- the benefits with this one run deep.
Find out more by signing up through the official 500 Markets website!