Plus500 UK Ltd is based in London and Plus500 Ltd is listed on the AIM, section of the London Stock Exchange. Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909) with a full range of CFDs. Plus500CY LTD is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14).
Plus500 was founded back in 2008. It offers a trading platform based on price movements of exchange traded funds, options, commodities, currency pairs, shares and indices. The trading platform does not require traders to buy/sell any of the underlying instruments. All trading activity is based on speculation. Among others, Plus500 offers a full demo trading account with unlimited trades. Additionally, risk management on CFD trading is offered. To date, some 2,000+ financial instruments are available at Plus500.
Plus500 offers many additional benefits to traders including fully segregated accounts, with client money held separately from the company’s funds. Traders can access all aspects of the platform on the go with highly rated mobile trading apps at the Google Play Store or the App Store. Over the years, Plus500 has launched multiple innovative features including BTC trading in 2013. In 2014, the company had a market valuation of $1 billion on the AIM section of the LSE. Plus500 inked sponsorship deals with Atletico de Madrid Football Club in 2015, and launched apps for Windows Phone, Android, iOS and more. In 2016, the company announced contracts for difference on options with rollover. A full range of banking options is available and each of them is guaranteed secure by way of SSL technology and the highest encryption protocols. Plus500AU Pty Ltd, AFSL #417727 issued by the Australian Securities and Investments Commission is authorized to issue these products to Australian residents.
There are two basic accounts for trading CFDs. The first is a free demo account with unlimited trading, and the second is a real-money trading account. To get started with the real money trading account, the following information is required: personal details (address/DOB etc), email, password and and potentially provide documents to verify these details. You can switch to demo mode at any time. In both cases, traders can enjoy a full spread of underlying financial instruments including shares, forex, indices, commodities, ETFs, and options.
The trading platform at Plus500 is didactic and intuitive. A large number of underlying financial instruments can be traded in CFD format. Traders can engage in full CFD trading on commodities, indices, options, forex, shares, and ETFs. There are many benefits to using the trading platform, including 24/7 email support and chat functionality. The platform is available in over 50 countries, and it is supported in 30+ languages. The costs of trading are already factored into the spread. Plus, another big benefit to novice traders and intermediate-level traders is the presence of a demo trading platform. This is free and offers unlimited trades to clients. Since it is impossible to lose more than what you have in your account, there is limited liability for traders. And with mobile functionality available too, you can always take your trades at Plus500 on the go with you.
Plus500 makes it really easy to add funds to your account with multiple deposit options available. Additionally, no charges are levied on deposits. It is also possible to make a deposit from a joint bank account to your Plus500 trading account. However, corporate credit card accounts are not allowed since accounts must be held in the account holder’s name. Examples of the most popular payments processing options (for deposits and withdrawals) include Skrill, online bank transfer, PayPal, Diners Club, Maestro, MasterCard and Visa. To get started with a deposit, traders must click on ‘funds management’, followed by deposit and then select any of the available deposit methods. There are 3 basic categories of deposit methods including: bank transfers, electronic wallets and credit card/debit cards. Before you can start trading CFDs, your accounts must be validated by way of documentation. These documents include drivers’ licenses, ID cards, passports or official work authorization.
A wide range of markets is available for trading CFDs with leverage up to 300:1. These include the following:
CFD trading in shares is available on a wide number of options. The world’s most actively traded shares are all available.
Indices are statistics that show how much a group of stocks is valued at. Indices include the S&P 500 index, the Dow Jones industrial average, the New York Stock Exchange composite index, the FTSE 100 index, the CAC, the DAX, the Ibex 35, and others.
Currency pairs can be traded in CFD format. Currency pairs come in the following forms: major pairs, minor pairs and exotic pairs. A full listing of currency pairs is available on site under the financial instruments section.
ETFs are huge funds that measure the performance of indices such as the S&P 500 index, or the NASDAQ 100 index, as well as commodities like gold and oil.
Commodities range from oil to wheat to gold. They are hard assets and there are scores of them. They are typically categorised into any of the following 3 formats: metals, agriculture and energy. Plus500 offers a wide range of CFD commodity trading.
CFD options are available at Plus500.
To contact customer support at Plus500, simply click the support tab on the top right of the screen. You will find online chat functionality and an email address. The online chat requires you to enter your name, subject and a description of your query. Plus500 online chat is available 24/7. There are also a wide range of frequently asked questions available for traders. These cover multiple topics including deposits, withdrawals, trading, submission of ID documents, regulation, financial instruments, accounts and verification. Support representatives are helpful and knowledgeable.
Plus500 is guaranteed safe and secure at all times. It uses SSL technology and subscribes to AML (Anti-Money-Laundering) policies at all times. Various risk management tools are also provided to ensure that all CFD traders are safe and secure at all times. Safety is further enhanced by way of the trading platform which offers things like price alerts, trailing stops, stop loss, limit orders, guaranteed stops and leverage.
Traders will be particularly fond of the demo trading platform. It is 100% free to use and it offers unlimited trades. Once you’re ready to trade for real money, the process of registering for an account is quick and easy. A wide range of contracts for difference (CFD) financial instruments is available. These cover multiple categories such as indices, commodities, stocks, ETFs, options and the like. If any time you run into problems, you can always contact customer support (in multiple languages) by online contact form, email or simply check out the FAQ.
Plus500 offers an exciting online trading platform for all manner of CFD trades. It includes shares, indices, forex, ETFs, commodities, options and more. The trading platform is intuitive and dynamic and the inclusion of a demo account makes everything so much easier.
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