Group 500 Review

Group 500 Review

General Information
Broker Name: Group 500
Broker Type: Cryptocurrencies, Forex & CFD
Country: Switzerland
Regulation: /
Address:  SIX Swiss Exchange Ltd., Route de Meyrin 49, 1203 Geneva, Switzerland
Broker status: Active

Customer Service
Phone: +442038689737
Email: [email protected]
Languages: English
Availability: 24/5
Trading
The Trading platforms: Proprietary
Trading platform Time zone: /
Demo account: No
Mobile trading: Yes
Web-based trading: Yes
Bonuses: No
Other trading instruments: Yes
Account
Minimum deposit : $250
Maximal leverage:  1:300
Spread: Fleating
Scalping allowed: Yes

CONTENT

  • GENERAL INFORMATION
  • FUNDS TRADING AND SECURITY
  • THE TRADING ACCOUNTS
  • TRADING CONDITIONS
  • TRADING PLATFORM
  • GROUP 500’S TRADING PRODUCTS
  • CUSTOMER SERVICE
  • CONCLUSION

 

Broker Review: Group 500

Gropu 500 review - investing smart

General Information

Group 500 is a luxury brokerage that started operating in 2021. It focuses on providing its traders with a top-notch, feature-rich forex, crypto, and CFD trading experience. It works from Switzerland, Route de Meyrin 49, 1203 Geneva, to be more exact. Our Group 500 review will help you decide if the broker is the right choice for you.

The first thing you notice about any broker (or any online service in general) is its website. As such, the landing page needs to work to pull you in while presenting the service concisely. Naturally, that’s not an easy feat to accomplish, and many brokers fail and end up looking gaudy. However, if you’re a high-end broker, you need to prove that you deserve your customers’ business. As such, even though some faultiness is acceptable for regular brokers, Group 500 adheres to a higher standard.

Luckily, the broker is more than competent and organized an amazing website. It maintains a professional atmosphere throughout and is visually appealing in a minimalistic manner. That shows that the broker is aware that its customers expect attention to detail and is ready to meet that requirement. Even more importantly, the website runs extremely well, without any lag or choppiness at all, leading to a pleasant and smooth browsing experience. The last piece to the formula is its excellent section management, meaning inquiring about the broker’s services is simple.

Altogether, that makes for an astounding first impression which is certain to leave users wanting to learn more. And naturally, our Group 500 broker review will help potential users do just that. Here are some of the nteresting features Group 500 offers its customers:

the 4 pillars of success

·        Personal Investing Advice

A decent chunk of difficulty in trading comes from the fact that traders are usually left to their own devices. Unless you’ve got some formal economic education, your best resources are books and online articles. However, that leaves no room for interaction, and investors facing specific issues might find themselves completely stranded. Standard broker education doesn’t help with that since it’s focused on general themes. However, Group 500 offers a solution to that problem, with 1-on-1 trading sessions that come free with its trading accounts.

·        Top-Tier Education

In the previous segment of our Group 500 review, we mentioned that standard trading education becomes unhelpful after some time. However, that doesn’t mean it’s not vastly important before traders get to advanced levels of trading. Namely, for newer traders, having a solid trading education database is about the best thing a broker can do. As such, we should praise Group 500’s education setup with both video and text materials. It’s guaranteed to help users quickly go through trading levels and become competent traders.

·        Fast and Cheap Funding

There’s no misconception about the importance of cheap funding to your overall trading success. Most traders will intuitively get that having a larger percent of your money goes into your portfolio is beneficial. However, investors do often undermine the effect funding speed has on your experience. Namely, besides it being frustrating when you need to wait for a long time for deposits and withdrawals, it can also cause you to miss opportunities. Needless to say, Group 500 solves both those problems, with funding that’s both fast and cheap.

Funds Trading and Security

investing safe

Besides trading features and pricing, security might be the number one thing you want to look for in a broker. Especially recently, with investing spreading to the general public, scams have been popping up left and right. They try to capitalize on the fact that the average trader is now less experienced and, thus, more vulnerable to exploits. As such, selecting a broker that isn’t risky has become a primary talking point in online trading circles.

As we said earlier in our Group 500 review, the broker lets off a great first impression. That means it also leaves the impression that it’s a secure company. We can see that from multiple things regarding the way the broker set up its service. First, the broker operates from Switzerland, which traders know is a safe location for financial businesses. The regulation there is strict, and Group 500 has to adhere to the country’s rules.

Next, we want to stress that the way the broker presents itself is vastly different from how scam brokers do. Namely, malicious companies set themselves up, so there’s barely any info available. Even the apparent things are often overexaggerated or come with additional conditions. Group 500, on the other hand, is entirely transparent about its service and the things it offers. That makes it, so it’s much more trustworthy and less risky to invest with.

Lastly, we should also mention that the broker has excellent hacker protection. It employs simple but effective measures of account verification and encryption. That means your data will stay private, and the contents of your account are for you alone.

The Trading Accounts

The trading accounts at group-500.com are excellent and allow the broker to appeal to various users. They follow a tier-based structure, so each version is strictly better than the previous one. That means the broker can afford to reward high spenders while maintaining fairness across the board. Additionally, the tiers are based around a cumulative deposit structure, which brings traders many advantages.

Perhaps the most impactful benefit is the fact that the broker’s accounts don’t cost anything. You can direct all the money you put into your portfolio, meaning you don’t have to worry too much about the account you choose. Instead, you can just go with the investment level you’re comfortable at, aided by the fact that you can upgrade over time. By that, we mean that your cumulative deposits can take you to the next tier. As such, you don’t need to rush for higher account types straight away if you don’t feel comfortable doing so.

For the next part of our Group 500 broker review, we’d like to present its account specifications:

Group 500 trading accounts

Silver

  • $10,000 +
  • 24/5 Customer Support
  • 1 on 1 basic training
  • Education center (basic)
  • Unlimited 365 Trading Dashboard
  • Minimum 0.01 lots trading size
  • Maximum 100 lots trading size
  • Trading News
  • 2 Signals/month from the VIP Desk

Gold

  • $25,000
  • 24/5 Customer Support
  • 1 on 1 basic training
  • Education center (basic)
  • Unlimited 365 Trading Dashboard
  • Trading signals (limited)
  • Personal account manager
  • Minimum 0.01 lots trading size
  • Maximum 100 lots trading size
  • Trading News
  • 10 Signals/month from the VIP Desk

Platinum

  • $50,000
  • 24/5 Customer Support
  • 1 on 1 basic training
  • Education center (full)
  • Unlimited 365 Trading Dashboard
  • Full Trading signals
  • Personal VIP account manager
  • Unlimited lots of trading size
  • Trading News
  • Daily signals from the VIP Desk
  • Trading Algorithm Available
  • Zero Withdrawal fees, minimal trading fees & swap commission
  • Credit line for premium trading events

Signature

  • $250,000+
  • 24/5 Customer Support
  • 1 on 1 basic training
  • Education center (full)
  • Unlimited 365 Trading Dashboard
  • Full Trading signals
  • Personal VIP account manager
  • Unlimited lots trading size
  • Trading News
  • Daily signals from the VIP Desk
  • Trading Algorithm Available
  • Zero Withdrawal fees, minimal trading fees & swap commission
  • Credit line for premium trading events
  • Personal sessions with Market Analyst
  • Private Banking
  • Member of A Traders Group Club
  • Leverage 1:300
  • Insured Contracts (up to 70 percent)
  • First Priority for Hedging Strategies

VIP

  • $1,000,000+
  • Invite-only

Trading Conditions

We already mentioned some of the trading conditions at group-500.com earlier but let’s look at them in one place. First off, its funding is straightforward, transparent, and cheap. That means you get to keep most of the money you put in, which can’t be said for all brokers. Also, its tight spreads create an advantageous situation for traders, as they’re lower than with most brokers. Furthermore, the broker offers a leverage of 1:300, allowing traders to maximize their earnings if they can handle the extra risk.

When you look at the supporting conditions, it becomes apparent that the broker is quite capable. The account typing creates fairness between customers of all levels while the assets are numerous. The proprietary platform is also excellent for both new and experienced traders.

Trading Platform

Trading platform

Group 500 integrated its own trading platform into the service it provides. It’s intuitive, letting both newbies and tenured traders adapt quickly and effortlessly. Additionally, it’s available in web and mobile forms, which increases convenience and trader mobility. Lastly, it’s worth mentioning that the platform keeps complex analytical capabilities able to satisfy advanced investors.

Group 500’s Trading Products

As we said earlier in our Group 500 review, the broker focuses on forex, cryptocurrency and CFD assets. However, its selection spans multiple categories, and is far from narrow. The asset count is great, and it covers the most common types, with multiple instruments in each. Here are the trading product classes at group-500.com:

  • Forex
  • Cryptocurrency
  • CFDs
  • Stocks
  • Metals
  • Energies
  • Cryptocurrencies

Customer Service

Group 500’s customer support follows the usual broker structure. That means it works 24/5, and you can reach the representatives via email or phone. THey’re quick to respond and efficient problem-solvers, guaranteeing a positive experience.

 

Phone: +442038689737

Email: [email protected]

Gropu 500 contact

Conclusion

As is apparent from our Group 500 broker review, the company was to our liking. It manages to create interest in users without being overbearing and irritating. Once you sign up, you get access to a ton of useful features, along with great security. That means you’ll be able to focus on trading instead of worrying whether your funds will disappear from your account. Group 500 also demonstrates great care for details with its excellent visual design and support services. If you re enjoying trading with CFDs, Forex, and Cryptocurrencies, this broker is the right one for you!

Naturally, we’d recommend trying out the broker for yourself. Additionally, we hope our Group 500 review helped you in forming an opinion about the firm.

  • Support
  • Platform
  • Spread
  • Trading Instrument
Comments Rating 5 (7 reviews)