500Investments is an online broker that allows users to trade over 1,000 instruments in the global financial markets, including stocks, forex, commodities, indices, and cryptocurrencies, via the brokers trading platform that is available in both desktop and mobile versions.
500Investments offers a wide variety of different trading account types, with a minimum deposit requirement of $250 whilst charging zero commissions on trades.
500Investments Review, Pros & Cons
- A vast array of trading tools
- Over 1,000 global financial instruments
- A selection of educational resources
- Limited regulation
- Offshore broker
- No US clients
- No MetaTrader trading platforms
- Limited funding options
- No online live chat support
In this detailed 500Investments review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Established in Kingstown, Saint Vincent and the Grenadines, 500Investments is an online financial services provider that gives traders access to a desktop and mobile trading platform, along with a vast array of useful trading tools and educational resources, for trading over 1,000 tradable assets. Clients can benefit from 24/6 world-class support and live assistance.
500Investments is a licensed online broker, regulated by the International Financial Services Commission (IFSC).
500Investments does not accept clients from certain countries, including the United States. Their services are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation
Some 500Investments features and products mentioned within this 500Investments review may not be available to traders from specific countries due to legal restrictions.
The 500Investments trading platform combines simplicity with sophistication to connect you to the world’s financial markets. The broker’s dashboard display delivers one-click order execution and is equipped with some useful trading tools. Your trading is backed up by live charts and real-time data feeds, as well as trading signals and the latest market news and analysis.
The 500Investments platform makes online trading fast, secure, and transparent, keeping you firmly in charge of your investments. It is available as a desktop application for Windows and Mac computers along with a mobile app for Android and iOS devices.
500Investments Trading Tools
The broker provides clients with a wide range of useful trading tools to help enhance the clients’ overall trading experience. The trading tools include an Economic Calendar, Asset Index, Financial Calculators, Financial News, Daily Analysis Video, Live Market Summary, and Chart Analysis.
The broker’s website contains a selection of educational resources to help improve traders’ trading skills and knowledge. They include Video Courses, eBooks, Webinars, FAQ section, and a Trading Glossary that contains a range of trading terms along with their detailed explanations.
500Investment offers over 1,000 trading instruments across different asset classes, including forex, stocks, commodities, indices, and cryptocurrencies for trading online.
500Invesments Accounts & Fees
Whatever your trading needs are, 500Investments has a variety of trading accounts that are tailored to meet them. The account types include the Basic ($250), Silver ($10,000), Gold ($50,000), Platinum ($100,000), and Diamond ($500,000) accounts. Each trading account type charges zero commission on trades.
As broker fees can vary and change, there may be additional fees that are not listed in this 500Investments review. It is imperative to ensure that you check and understand all of the latest information before you open a 500Investments broker account for online trading.
The broker provides a knowledgeable client support team that can be reached via telephone, email, social media, or by filling the support form on the broker’s website.
500Investments Deposit & Withdrawal
The following payment methods are accepted at 500Investment:
- Bank wire transfer
- Credit/Debit Cards — such as Visa, MasterCard, Maestro, and more
It’s not clear whether they support e-payment processors like AstroPay and WebMoney. The transaction processing time and fees depend on the payment method.
500Investments Account Opening
To open an account, you are required to press the ’Start Trading’ button on the broker’s website and fill out the form properly, then click on ’Signup ’.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Overall, 500Investments is a financial services provider that offers over 1,000 global trading instruments for online trading via its proprietary trading platform. The broker offers a range of useful trading tools, educational resources, multiple account options, and dedicated customer support. The trading brokers review team believe that the broker could improve their regulation.
Trading foreign exchange, CFDs, and any other product on the broker’s platform involves significant risk of loss and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not speculate, invest or hedge with capital you cannot afford to lose.