500pips Review
As online trading has become a very popular activity, 500pips has been established with the end-user in mind. Combining a long list of benefits, this is a place where customers have the opportunity to take advantage of:
- Live data feed
- Customized analysis tools
- Advanced charts
- Personal account managers
- Quick deposits and withdrawals
Given the conditions in the cryptocurrency space are increasingly challenging, the main question now is whether 500pips manages to deliver. The brand is already benefiting from many positive reviews in the online world, including websites such as CryptoVevo, which is an encouraging sign from the very start.
500pips Trading Software
The entire trading infrastructure was built around a proprietary WebTrader, a solution wanting to show customization and performance can work in tandem. The 500pips platform should not be hard to use for anybody, due to a simple interface and intuitive nature.
Traders have a large pack of trading tools integrated, enabling the use of a variety of trading strategies. Using price action analysis is not an issue with this WebTrader and managing risk can be done professionally, thanks to the tools available.
To ensure a ground-breaking trading experience, 500pips had worked on its platform since its inception, and remain committed to making improvements when market conditions are demanding it. The platform is a sign of professionalism and inclusion, given any person can start using it and improve their trading style as time goes by.
500pips Trading Accounts
When trying to reach a diversified audience, 500pips is aware that traders will come with different needs. In this case, a customized account type offer is needed, one that includes a large number of features, without requiring a large initial deposit.
The 500pips Basic account is a great example since it can be opened with a $250 deposit and the benefits attached are very attractive. As they accumulate more experience, or if traders want more features, the offer includes Bronze, Silver, Gold, Platinum, and Black accounts, as well.
It is important to keep note of the 500pips funding options, considering traders can have access to a wide range of secure and convenient payment methods when transferring or withdrawing funds from 500pips. Even now, using credit/debit cards, bank wires, Skrill, or Neteller, continues to be popular, since payments will be processed fast and for competitive fees.
Crypto Asset List
A diversity of accounts won’t be enough without an asset list that satisfies the current demands. Cryptocurrencies are popular assets and because of that, 500pips had been generous when adding BTC, ETH, LTC, XRP, DASH, ETC, DOT, and other altcoins that are currently trending.
All customers, regardless of account type chosen, will have access to over 1,000 trading assets, ranging from crypto, FX, stocks, indices, and commodities. Flexible spreads and leverage, as well as fast execution, are features necessary when markets are moving very fast.
Pros
- A platform with desktop, mobile, and tablet compatibility
- Insightful video courses and live expert webinars
- World-leading support and professional assistance
Cons
- 500pips does not support platforms powered by MetaQuotes
- Only a few customers get access to daily trading alerts
500pips Summary
Nobody is able to predict what will happen with cryptocurrencies, and in the meantime, the market is expected to remain very volatile. The past several weeks had shown us valuations can go impulsively on the downside, putting long-term buyers in a difficult position. 500pips holds a leading advantage since it offers trading services, enabling customers to take advantage of bearish conditions, as well.
500pips Rating
