Plus500 is a worldwide CFD broker that was established in Israel in 2008 and is listed on the London Stock Exchange. It is governed by a number of top-tier international financial regulators, including the Australian Securities and Investments Commission and the UK’s Financial Conduct Authority (FCA) (ASIC).
Plus500 is a global provider of online trading services, offering CFDs on forex, indices, commodities, shares, ETFs and options. The company has more than 2 million registered users from over 180 countries and boasts a trading volume of more than $21 billion per month. Plus500 is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Plus500 Account Types
There are three types of plus500 account: demo, standard, and VIP.
A demo account is a practice account that allows you to trade with virtual money.
A standard account has a minimum deposit of $100 and allows you to trade in real time.
A VIP account has a minimum deposit of $10,000 and offers additional features, such as a personal account manager and 24/7 customer support.
Plus500 Trading Features
Plus500 offers contracts for difference (CFDs) and forex trading.
A CFD is a contract between the buyer and seller of an asset, in which the seller agrees to pay the buyer the difference between the current value of the asset and its value at the time of purchase. CFDs are popular because they allow traders to profit from both rising and falling prices. Forex trading is the buying and selling of currencies with the goal of making a profit.
Plus500 offers a wide range of assets to trade, including 50+ currency pairs, commodities, indices, and stocks. Plus500 also offers a variety of trading platforms, including their own proprietary platform, as well as MetaTrader 4 (MT4) and MetaTrader 5 (MT5). MT4 and MT5 are both widely used by forex traders and offer a wide range of features.
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