500investments Review

Labeling itself as a “world-renowned financial services provider”, 500investments.com is offering access to a wide range of cryptocurrency-related products. As opposed to the traditional exchange platforms, in this case, traders work with CFDs and don’t buy/sell the underlying contracts. Let’s examine together what this company has to offer and then you’ll be able to assess whether it will be better to trade cryptocurrencies using this provider.

Trading Platforms

In terms of trading platforms, there are two options available, allowing access to the markets from any type of device. For traders wanting to work with web-based platforms, 500investments is offering such a solution, compatible with any type of device working with a modern browser.

It comes with all the well-known trading features (advanced charting, multiple time frames, and price indicators, as well as drawing tools) and in addition, there are a few extra features. TradingView charts are being integrated, alongside social trading, price alerts and popularity bar. Choosing a proprietary web-based solution allowed 500investments to shape the platform according to a specific set of requirements.

At the same time, today’s needs require any broker to have a mobile trading platform. TraderSoft is the solution designed by this company, giving traders the freedom and flexibility that they need to trade effectively. We must mention how the platform had managed to downscale perfectly to smaller mobile screens with no loss of functionality or performance.

Account Types

500investments accounts provide the opportunity to trade for any kind of trader, depending on each one’s available capital. The basic account can be opened with as little as $250 and those who choose it will get access to a dedicated account manager, free access to trading academy, daily market brief, and many other features.

Silver, gold, platinum, and diamond account differentiate by the number of features, but at the same time, the required deposits increase. In exchange, traders get access to VIP webinars & seminars, senior account manager, exclusive updates, and daily recommendations, among others.

Cryptocurrency Assets

Tens of different cryptocurrency-related contracts are available for trading at 500investments.com, ranging from BTC, ETH, LTC, XRP, or Bitcoin Cash. At the same time, the company also provides access to less popular cryptocurrencies like OMG, ETC, or STR.

Traders must know that they will be trading contracts based on cryptocurrencies and not the underlying instruments. This allows them to use up to 1:5 leverage and increase the maximum number of contracts they can buy. Feel free to check the broker’s website for more information on the contracts.

Promotions

The company has plenty of promotions like a pending bonus, 1 trade on us, and a birthday bonus. Clients who deposit the minimum required of $250 can get a 20% trade on us and a 50% discount on account types. In addition, new clients can apply for a 200% welcome bonus on the first deposit. Please read all the terms and conditions associated with each bonus, in case you want to apply.

Summary

We can conclude that 500investments is yet another company that provides access to cryptocurrency-based contracts, contributing to the expansion of the crypto derivatives markets. Analyze the entire offer and then assess whether you want to trade with this broker.