1 Bitcoin = 1 million dollars?
05.03.2021
500PIPS REVIEW
Comments Rating
( reviews)
GENERAL INFORMATION
Broker Name:
500pips
Broker Type:
CFD, Forex & Crypto
Operating since year:
2020
Broker status:
Active
CUSTOMER SERVICE
Phone:
Luxemburg: +35220204283
Email:
Languages:
English
Availability:
24/6
TRADING
Trading platforms:
Proprietary
Trading platform Time zone:
/
Demo account:
?
Mobile trading:
YES
Web-based trading:
YES
Bonuses:
YES
Other trading instruments:
Indices, Stocks
ACCOUNT
Minimum deposit ($):
$250
Maximal leverage:
1:500
Spread:
Fixed
Scalping allowed:
N/A
500pips Review: About the Brokerage
If you’ve been searching for a modern broker that is innovative and technologically savvy, you’ve stumbled upon a goldmine of a brokerage. Let us present you a marvelous addition to our long list of quality brokers – 500pips.
In this review, we’ve analyzed the broker’s every single product. Our 500pips.com review will aim to help you decide whether this is the right broker for you.
Besides, the company is a part of Pepper group LLC, and it is a modern marketing firm that resides in Chicago. It also helps the broker scale resources to raise the bar for traders worldwide.
The 500pips is a unique brokerage as it combines lightning-fast execution speeds and raw spreads.
This is the place to start the most innovative way of investing and trading!
Safety and Security of client funds
Safety and security of funds come as an utmost priority to every respectable broker. 500pips, as we saw in our review of the platform, put a lot of effort into maintaining top-notch protection of their clients’ security of funds. 500pips.com utilizes the most up-to-date encryption. Thus, clients’ orders, bids, withdrawal, fun, and other important information are under protection at all times.
The broker will not share personal details with any outside agency or a third party. Moreover, it operates under a guaranteed no hidden fee policy, with the deposits and withdrawals process being fast and convenient.
500pips Review: Trading Platform
In our review, we have already established the broker’s functionality. As we’ve described all the broker’s tools and offers, we want you to pay very close attention to the overall functionality and usefulness of the platform and its products.
500pips.net lets users trade via its top-quality proprietary platform. The software’s intuitive UI leads to a quick learning process so you can get nearly straight to trading. However, even with the intuitiveness, the platform maintains powerful analytical capabilities. As such, a trading terminal is a fantastic tool for those just starting and those who know the ropes.
We should also note that the platform comes in web and mobile forms. The former allows you to turn any desktop into a trading terminal via an internet browser. The latter requires a download but lets you trade wherever as long as you have your phone with you. Both options vastly increase the mobility and convenience of traders.
500pips’ Trading Products
This broker has an excellent variety of assets with an extremely detailed page for them to boot. As such, even before signing up, you’ll know exactly what you’re getting into with 500pips.net. While the broker does focus on Forex and CFD trading, it also holds other trading instrument varieties. Here’s what you can expect to see in 500pips’ trading product window:
• Forex – NZD/USD, EUR/CHF, EUR/GBP, USD/CHF, etc.
• Crypto – BTC, Ethereum, etc.
• Indices – S&P500, NASDAQ, DAX 30, Singapore MSCI Futures MAR21, Taiwan MSCI Futures, Euro Stoxx 50 Futures.
• Stocks – Lloyds Bank, Rolls Royce, EasyJet, Fresenius SE & Co, Deutsche Post, Siemens, British American Tobacco, etc.
Trading Accounts: Review of Everything 500pips has to offer
500pips.com offers six account types. The accounts follow a tier-based structure. All of them were created according to the level of trading experience.
BASIC – This type of account is most suitable for beginner traders. It offers educational material for younger traders, 24/5 support, daily market review, pro webinars, and of course, price alerts.
BRONZE – The Bronze account is perfect for the pre-intermediate types of traders and investors. The ones that already have a considerable grasp and understanding of the trading world. It offers daily market reviews, spreads, education center, customer support, pro educational webinars, price alerts, daily analysis video, account manager – junior level.
SILVER – This account is perfect for intermediate-level traders. It has various tools and products in it like Spreads, 24/5 support, education center, daily market review, pro webinars, price alerts, daily analysis video, senior-level account manager.
GOLD – More advanced traders will surely enjoy this wonderful account type. As it provides clients with VIP level account manager, gold signals, Education center, 24/5 support, daily market review, spreads, pro webinars, price alerts, daily analysis video, personalized trading strategy.
PLATINUM – Experts and VIP traders only account. Education center, Daily Market Review, spreads, 24/5 support, pro webinars, price alerts, daily analysis video, VIP account manager, personalized trading strategy, 1-on-1 trading trainer.
BLACK – FOR EXCLUSIVE CLIENTS ONLY. For more details contact your Account Manager.
Customer Service
A significant plus for 500pips’ customer support is that it operates a day longer than most competitors. As such, traders can use the extra day to resolve their issues, minimizing potential downtime. That’s especially meaningful for those that use trading as a primary income source. A day of waiting for a problem to resolve is a day they aren’t getting anything done.
If you have an issue, the support team is ready to solve it. In fact, all you need is to fill in your details below, and the customer service team will contact you back within 48 hours.
On top of that, we should mention that the operatives we contacted were kind and knowledgeable. As such, the customer support experience was top-notch. You can use either a phone line, email or the integrated live chat feature to reach the team.
Live Chat – available all the time. Lines are open from 9:00 to 7:00 pm Luxembourg time.
Telephone: +35220204283
What do we think? Our 500pips conclusion
From our 500pips.net review, it should be apparent that we enjoyed the broker quite a bit. Even though it’s still young, the broker has everything you’d want. The trading specifications allow for a user-tilted experience where you can truly express your skill. The leverage, account typing, and platform are the three features that work in that regard.
Furthermore, the security is excellent, with very few complaints regarding the broker. It’s a part of a large marketing company, which means its reputation is quite important. Any lapse would harm its parent quite a bit, so it can’t let up. On top of that, it has excellent technical security measures, protecting it against hacking.
500PIPS: So what will you get with 500 pips?
- CFDs and FX
- Immediate real-time executions
- Huge list of trading products
- Top-tier Account Types
- Customized charts
- Educational Materials
- Live data
- Supportive customer service
- Desktop, mobile, and tablet proprietary trading platform
As-is, the broker is an excellent example of how you should run an online finance firm. As such, we would recommend anyone looking for a new trading hub try it. However, perhaps the most exciting thing about 500pips is that it’s likely to grow rapidly. Because of that, we’re keeping a close eye on the broker and eagerly awaiting its future moves.
However, before you decide, please make sure to think twice, as CFDs are a little tricky when it comes to trading. In fact, trading CFDs carries a considerable risk of capital loss. Up to 80% of retail investor accounts lose money when trading CFDs.
Make sure you are smarter than circumstances and act according to your convictions.
COMMENTS
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500pips Review
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Platform
(5)
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Spread
(5)
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Trading Instrument
(5)
5
Comments Rating
( reviews)
58 Comments
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Very attentive brokers and customer service. I get the proper support and I am very successful trading with them.
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I am fortunate enough to have them as my trading broker. With them, I get good signals and good profit. I was able to withdraw quickly and all services work for me.
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Helpful and accommodating customer service. I’ve got no complaints at all.
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Very good trading support. Aside from being friendly, they are responsive and always available whenever I need help.
No doubt, the best broker in forex trading. I can see results in just a matter of days. Just started using them and I feel like I made the right choice in picking the right broker.
Great customer service. They always think outside the box to make things better.
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Better broker service
Great leverage and services better than others. I will stick with this broker, I find them better than any other broker.
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Good trading signals
Fair trading prices and good trading signals. I invested a few with this broker but see good results so far.
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Good broker
Consistently good services. Highly commendable trading broker.
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Good trading services
I am privileged enough to have them as my trading broker. Signals and services are booth good.
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Good trading brokers
Good trading brokers, their trading advice is so much profitable. Services are consistently good and people are very professional.
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Definitely recommend it
Cool broker, nice platform! Definitely recommend it
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Experienced broker
Truly an experienced forex broker. I am amazed and am totally satisfied with the services.
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Perfect broker
Perfect broker to trade forex with. Signals are profitable.
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Good broker
No complaints. They’re a good broker.
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Good broker
Friendly and approachable brokers and customer service. I am satisfied with all of their services.
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