Crypto Frontline

Company’s Highlights

500pips is an online brokerage, offering access to cryptocurrency trading services, emphasizing diversification and customization. Although it was launched in 2018, the brand witnessed exponential growth and now comes to the market with a very competitive offer. 

Because the will to serve a global audience is the main goal, and in order to do that, 500pips had to raise the bar from day one. Today, we want to see if it still manages to do so, considering the high volatility in BTC and other altcoins. 500pips is already in a favorable condition, since there are many positive reviews and feedbacks online, stating the brand is one to be trusted. 

Cryptocurrency Instruments

According to the 500pips Asset Index, traders holding an account with this brand will have enough choices at their disposal. Supporting BTC, ETH, XRP, Dash, Litecoin, Polkadot, and other altcoins that have been volatile recently. An increasing retail audience keeps looking at crypto, generating price directional bias, and thus an environment where short-term trading is appropriate. 

As with any other brand, in this case, traders will be able to use leverage and tight spreads, without any trading commission in place. Additionally, there’s no need to have 100% crypto exposure, since 500pips is covering CFDs based on FX, stocks, indices, and commodities, on top of that. 

Trading Platform

Designed to provide a ground-breaking trading experience, the 500pips platform is a flexible solution that can be accessed via a browser on any type of device. Aware that keeping track of the trading account very often is crucial, the broker had invested a lot of resources in developing this platform. 

A user-friendly interface and a generous pack of tools await customers. The platform is fully equipped to deal with high volatility, something that any trader should be thinking about in 2021. 

Ultimately, traders are able to take advantage of mobile trading capabilities, using the platform on any type of device, including smartphones and tablets, via any browser. Managing open trades or monitoring price action developments is important for cryptocurrency traders and 500pips knows that. 

500pips Trading Accounts

Traders come to the market with diversified needs and goals, which is why 500pips currently has a diversified account offer. Affordability is the key since a basic account is available with a deposit as low as $250. For this option, the company is providing a 20% welcome bonus, 24/5 support, access to an education center, daily market reviews, price alerts, and daily analysis videos.

Larger accounts, such as Bronze, Silver, Gold, Platinum, and Black will provide some other benefits, including account managers, personalized trading strategy, or 1-on-1 trading trainer. 

Special Features

500pips is a special provider given the enhanced diversity of its services. Traders can trade on crypto and other leading assets, use a customized platform, and benefit from many educational resources. As a relatively new trading brand, it had managed to assemble its offer to be in line with the latest requirements. 

Summary

500pips comes to the market at a time of great interest for cryptocurrencies and manages to offer conditions not seen too often. It showed professionalism and a customer-oriented approach, some of the threats people should be looking at when choosing a trading brand to work with.