Plutus Pro Review | What Do you need to know about this broker?
Broker Type: STP
Min. Deposit: US$250
Platforms: Proprietary WebTrader
Found in: 2019
Plutus Pro Review | more details about this broker
the website is offered in 5 languages ( English , German, Arabic, Russian and Italian)
you can contact them 24/7h and have an online chat at their website https://www.plutus.pro/ , ( we did not have to wait long to get served and answered there)
Plutus Pro Company Profile
Plutus.pro was set up to provide Forex trading solutions to individuals wishing to expand their investment portfolios – from veteran traders to beginners. We strive to offer the best trading environment on the market – state-of-the-art trading services in commodities, currencies and indices, competitive trading conditions and excellent customer support. Our platforms and solutions combine sophistication with simplicity and efficiency with security.
their expert team will provide you with trading tips and tutorials, professional materials, the latest financial news and strategic guidelines.
Benefit from Full STP Technology – With No Conflict of Interests
they guarantee trading on the Forex market without dealer intervention or restrictions:
- no dealing desk (meaning they are not a market maker)
- Full Straight-through Processing (STP) technology means the foreign exchange trading process and payment transactions can be done electronically and anonymously
- direct access to the interbank liquidity and route their orders to the largest liquidity providers.
this means that they earn on your volume and not you losses , in geeral with companies and brokers like that their retention is key to their success, as long as traders keep on trading they will be doing fine , but in order to keep traders trading traders need to also make money and profits , so their interest is best served by having profitable traders as the profits does not come from them.
Where Plutus Pro shines
Plutus Pro review of their Trading platform:
Plutus Pro’s browser-based platform offers quick trading capabilities, real-time streaming quotes and data, a customization dashboard, and access to all of the broker’s tools.
Customers who frequently trade from various computers — home and work, for example — will appreciate this web-based platform, which doesn’t require any downloads.
Plutus Pro has also advanced the ability for customers to trade via mobile devices with Plutus Pro Mobile , the brokerage’s app dedicated to Forex trading.
the Trader dashboard consists of a watch list, a charting window, and a section at the bottom tracking your open positions, pending orders, and trading history.
The watch list covers all tradable assets, providing information on them such as the buy/sell prices, the spreads, the current change in price, and the day’s high and low.
The charting window looks and acts like a Trading View app. It offers the same functionalities and if you have ever used Trading View, you will likely not have any problems with it. It is surprisingly powerful. You can maximize it so it takes up the entire screen. The chart supports Multiple time frames, as well as several different chart types and a wide range of drawing tools.
You can use the chart to compare the price evolution of several assets. Tens of the best-known technical indicators are available through the plutus pro Trader. All windows are re sizable and traders can arrange them any way they want to.
Commissions and Fees
The fees traders pay come in the form of commissions and swap charges. Commissions on FX pairs are fixed.
Every day, at 22:00 GMT, the broker rolls over open positions in your account. The broker determines swap charges based on a formula available at its official site. Swap charges differ from one tradable asset category to another.
for those that look for an Islamic account must know thta this is not an issue and readily available for those that require it.
keep in mind thou that most brokers ( not sure about this one) has some higher spreads for the Islamic accounts to make up for the swap reduction.
Investing research and tools:
Plutus Pro offers a suite of investing tools that exceed expectations for a deep-discount broker.
here is where the broker could improve and this is also the easiest area to do this .. there are tools available like analysis tools but for us they did not provide what we are looking for.
that said after that we contacted them and someone helped us and explained all we needed to know so in the end their training services and 1 on 1 trading assistance will benefit beginning trader immensely
At Plutus.pro , their off- bank dealing room provides personal support from highly professional and experienced dealers. Their dealing room is suitable for all levels of experience – from the novice Forex trader, to the veteran and professional Forex trader.
Available 24 hours, our dealing room offers dealing services in real time and technical support for trading products and platforms such as Meta trader and Webtrader.
Our dealing room is active for trading currencies and foreign exchange markets Monday to Friday from 8:00 AM until 1:00 PM Eastern Time, as well as online shorting of the Forex Markets. In the dealing room, investors make live real time Forex calls of currency and the foreign exchange markets.
Following the Financial Market in Real Time:
Our dealing room follows the local and international financial market in real time, specifically the Forex and Commodities markets, and knows the exact market rate at each specified moment, providing investors with information about relevant economic events.
During trading hours, clients can examine their trading account status, ask the dealing room for information, in order to deposit or withdraw funds, update limit instructions, check future instructions, and open or close deals.
Plutus Pro Review ~ The bottom line
Plutus Pro has competitive pricing, helpful trading tools and an easy-to-use trading platform. With multiple account options, it’s easy for beginners to get started, while active investors will appreciate Plutus pro’s clear STP trading format , traders looking for ECN will have to look elsewhere. for all others this broker provides what is needed to get started fast and easy.
Plutus Pro Forex Broker
Plutus Pro has competitive pricing, helpful trading tools and an easy-to-use trading platform. With multiple account options, it's easy for beginners to get started, while active investors will appreciate Plutus pro's clear STP trading format , traders looking for ECN will have to look elsewhere. for all others this broker provides what is needed to get started fast and easy.
- Online trading platform
- allows all strategies
- low spread fees
- Cryptocurrencies for trading
- not regulated
- no metatrader 4 and 5
assets available for trading