Plus provides Bitcoin and altcoin CFD trading with tight spreads which makes it a top choice for any crypto day trader. Their system is pretty simple and self-explanatory.

You should consider whether you can afford to take the high risk of losing your money. You do not own or have any rights to the underlying assets.

Please refer to the Disclosure documents available on the Plus website. Plus was founded in and is a UK registered company with offices in London.

For those that watch Spanish or continental football, then you might recognize Plus from their sponsorship deal with Athletico Madrid. TotalCrypto views this as a positive as the company is held up to higher standards than non-stock market listed brokers.

Millions of happy traders throughout the world call Plus their home, making the platform one of our top choices to trade cryptocurrency.

This means you will not directly buy different cryptocurrencies on Plus Instead, you will be buying and selling contracts that are backed by cryptocurrency.

This makes CFD brokers like Plus one of the easiest ways to trade the crypto markets. Get On Plus Now! Here is the menu you will see:. Take a look below to see what the snapshot page shows.

Plus currently provides trading for nine different cryptocurrencies. You can also add stop orders to close out your trade when the instrument reaches predefined price levels.

For example, if you have a Buy position of Oil barrels, you can choose to close barrels and be left with a smaller position of barrels.

These orders help you take control of your trade by allowing you to set the rate at which your position will close when it reaches or surpasses that rate.

To learn more about how you can use risk management tools to limit the risks of trading, click here. Remember that CFDs are a leveraged product and can result in the loss of your entire capital.

The strongest investments are opened when all indicators are aligned. Do you for example acknowledge an upward trend? In that case, you have the greatest chance on success when the price moves back to a resistance level.

When you see a candlestick at this level indicating a continuous upward trend, this can be the right moment to open a trade. If you manage to find the perfect risk-return balance, regular failure might still result into an overall positive result.

You have now mastered the basics of technical analysis. These basics give you a clear advantage over newbie Plus investors.

Moreover, you can even enhance your results by using technical indicators. You can read more about technical indicators by reading our technical analysis course.

Use the below button to immediately browse to the course:. You now know a lot more than other beginning traders.

Do not forget that trading is not about intelligence; it is about managing and dealing with risks. Make sure you earn more on a winning trade than you lose on a losing trade.

Another thing to keep in mind is that you need to look for the gathering of factors. Do you have a good price action on a strong horizontal level?

Take that position! Therefore, always use a stop loss! Do you want to become an even better trader? Then it is time to start practising!

Did you not open an account yet? Use this button to open a free demo account with Plus Plus free demo. Comments powered by CComment.

Covered in this tutorial: how does Plus work? How do you open an account at Plus? Part 1: Plus software This tutorial will teach you how to use the Plus online software, allowing you to immediately open and close trades.

In this Plus manual we discuss several aspects related to investing at Plus How does the Plus software work?

How can you open your first position? How can you manage your existing positions? How can you manage your risks?

How can you deposit money at Plus? Some important trading tips Plus the software explained The Plus software is very user-friendly. How do you open a position?

Base currency This is the currency against which the CFD is traded. Overnight financing fee The overnight financing fee is a fee you are charged when you keep your position open upon closure of the stock exchange.

Margin requirements The initial margin indicates which amount you must have on your account to open a position. Expiration date Please be aware some CFD's have an expiration date.

Trade session A trade session is a period of time during which you can trade the stock. Manage your risks at Plus When you open a position, you can use the stop loss and take profit functionalities.

Some general Plus tips Deposit a small amount to get used to trading with real money. Part 2: how does the stock market work? The game of demand and supply The price of each CFD within the Plus software is the result of the game of demand and supply.

Responding to the news Investing is a psychological game. Profit from volatility Being an investor at Plus, the good news is you can profit from volatility or price movements.

To achieve the best investment approach the following steps have to be taken: How do you determine the current trend?

How do you trade with the trend? How do you recognize a horizontal level? What do you do when there is a consolidation?

Determining the trend The Plus graphs can be zoomed in and out. These cookies are used to track your browsing habits in order to deliver personalised advertising.

Without these cookies, online advertisements will not be tailored to your interests. Once enabled, these cookies can be disabled via your browser settings.

For more information see our Cookie Policy. Make the most of the markets with: Rapid executions Tight spreads Real-time market data Is your account ready?

Start Trading. You can easily open your trading account within a day. Alternatively, you can use a driving license or a residence permit for ID verification, or a toll taxes letter, salary slip or address card to verify your residency.

At Plus, there are several currencies available , even minor ones, but it is not transparent how many and which ones.

The default account currency is set based on your country of residency. Why does this matter? For two reasons. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don't have to pay a conversion fee.

A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates as well as free or cheap international bank transfers.

Opening an account only takes a few minutes on your phone. Compare digital banks. Plus withdrawal is free for the first five withdrawals each month.

How long does it take to withdraw money from Plus? Compare to other brokers. Plus has its own-developed web trading platform. The web trading platform is available in quite a lot of languages.

Plus provides a safer, two-step login. Google and Facebook authentication are also available, which is quite convenient. The search function is great , you will have no trouble finding anything.

You can find the products categorized on the left or you can search by typing in the product name. If you use it, the spread will be wider.

This is the extra cost of using this order type. To get a better understanding of these terms, read this overview of order types.

These orders can be canceled at any time before they are executed, i. However, there are no other order time limits provided.

We liked the platform's alert and notification functions. The alert lets you know if the price of an asset reaches a certain level or changes by a set percentage.

Plus provides transparent portfolio and fee reports. The composition of your current portfolio is also made clear, which you can check in the bar at the top of the platform.

As part of Plus's September update, clients have the opportunity to use 9 charts simultaneously on WebTrader, similarly to eToro's solution.

To enable Multiple Charts on Webtrader, look for a button with four quadrants on the chart's toolbar.

The Plus mobile trading platform is very similar to the web platform. It has the same functionalities and is also user-friendly.

You can also use your smartwatch, but we stuck to a conventional smartphone and tested the mobile iOS app. It was great.