500pips has been successfully running as a CFD broker, and forex broker for millions of people and its user’s database is ever-growing. There are several reasons behind its popularity. One of them is the crypto trading facility which makes it superior to most of its opponents as not all trading platforms provide crypto trading as a facility. Many 500pips review has helped us find why people prefer this platform over others, which we will discuss with you intensely.
The Education Centre Makes It The Beginner’s Choice
At 500pips, you will find a separate portal by the name of the education centre, which is where the change begins. Several forex trading and CFD broker applications and platforms are available on the web, which might be fast, compact in size and efficient. But what they don’t have is a reliable, professional and informative education portal where you will find daily webinars, e-books and other forms of guides.
500pips provides you accessibility to stocks, commodities, and even digital assets, including cryptocurrency. With this, you can access more than 40 types of currencies for trading and trade in ETFs and indices, making it vibrantly efficient.
Leverage Facility For People Who Want To Trade Big With Low Budget
Only well-established platforms with a solid background can provide leverage to their clients for trading or investing purposes. A leverage amount is an additional amount that you can use for buying stocks or commodity or to trade, which is given by the broker to you. This leverage money is provided at a daily charge, but if you only do intraday trading, then you don’t have to pay anything extra.
However, this leverage money has to be returned to the broker after you square off the trade or whenever you sell the stock. Leverage money should be used wisely and only if you are sure about the profit because if otherwise, you would have to pay the leverage and charge both until you clear the record.
Crypto-Trading At 500pips Without Owning The Currency
Trading in cryptocurrency is pretty easy with 500pips, and anyone can do this without actually owning the crypto money. Everyone is aware of the volatility of cryptocurrency, but many people have made millions and billions worth of dollars. It is not easy to get a hand on cryptocurrency in the present time, but instead, you can trade on cryptocurrency in CFDs.
But again, there are many other brokers as well who provide crypto trading facility yet people choose 500pips only. The reason behind this, which we found from the 500pips review, is the availability of more pairs of cryptocurrencies than any other platform, and we believe the more the options, the better it is for traders.
Thus, we have seen various features of this advanced CFD and FX broker, making it popular and praised by most professional traders. You can also refer to 500pips if you are a beginner who wishes to make money via online trading in stocks and crypto.