Plus500 is a contract for difference (CFD) broker that was registered on September 21, 2009, with its headquarters in London, UK. It primarily offers investors forex, stocks, indices, options, and exchange-traded fund (ETF) CFD trading services.
Company Background
As a CFD broker, Plus500's domain was registered on May 8, 2008. The broker's entity registered in the UK is Plus500UK Ltd, with a registered address at 8 Angel Court, Copthall Avenue, London, England, EC2R 7HJ, and the company registration number is 07024970.
In Cyprus, Plus500 is registered as Plus500CY Ltd, with a registration date of June 16, 2014. Its registered address is Αρχ. Μακάριος ΙΙΙ, 169-171, CEDARS OASIS TOWER, Όροφος 1,3027, Λεμεσός, Κύπρος, and the company registration number is ΗΕ 333382.
In Australia, Plus500 is registered as Plus500AU Pty Ltd, with a registration date of September 19, 2011. Its registered address is SYDNEY NSW 2000, and the company registration number is 153 301 681.
Plus500 has registered entities in Seychelles as Plus500SEY Ltd. In Estonia, the broker is registered as Plus500EE AS with a registered address at Harju maakond, Tallinn, Kesklinna linnaosa, Pärnu mnt 31-58, 10119, and the company registration number is 16128206, with a registered capital of 750,001 euros.
In Singapore, Plus500 is registered as Plus500SG Pte Ltd, with a registration date of July 30, 2014. The registered address is 80 ROBINSON ROAD, #17-02, Postal 068898, and the company registration number is 201422211Z, with registered capital of 7,501,000 Singapore dollars.
In Dubai, Plus500 is registered as PLUS500AE Ltd, with a registration date of October 31, 2022. The registered address is Unit 109, Level 1, Gate Village Building 04, DIFC, Dubai, UAE, and the company registration number is 6224.
Regulatory Information
Plus500UK Ltd has been authorized and regulated by the Financial Conduct Authority (FCA) in the UK since June 29, 2010, with a license number of 509909.
Since October 10, 2014, Plus500CY Ltd has been authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), with a license number of 250/14.
Plus500AU Pty Ltd holds a financial license issued by the Australian Securities and Investments Commission (ASIC), granted on September 10, 2012, with a number 417727. Additionally, this entity holds financial licenses from New Zealand's Financial Markets Authority (FMA) and South Africa's Financial Sector Conduct Authority (FSCA), granted on September 30, 2016, and July 2, 2017, with license numbers 486026 and 47546, respectively.
The Seychelles-registered entity Plus500SEY Ltd is authorized and regulated by the Seychelles Financial Services Authority (FSA), with a license number of SD039.
Plus500EE AS holds a financial license issued by the Estonian Financial Supervision Authority (FSA), with the granting date of February 7, 2022, and a license number of 4.1-1/18.
Plus500SG Pte Ltd holds a Capital Markets Services license issued by the Monetary Authority of Singapore, with a license number of CMS100648.
Plus500AE Ltd is authorized and regulated by the Dubai Financial Services Authority (F005651), with the granting date of February 1, 2023, and a license number of F005651.
Trading Products
FOREX: The foreign exchange market is the largest financial market in the world, involving the buying and selling of different national currencies. Investors can access the forex market for trading through HTFX.
Stock CFDs: Investors can trade stock CFDs through HTFX for different companies. Trading stock CFDs allows investors to speculate on the price fluctuations of stocks without actually owning them, either going long or short based on the stock price movements.
Commodity CFDs: Commodities are a significant driving force in global markets and a highly volatile asset class. Traders can use them to achieve portfolio diversification.
Index CFDs: Indices are used to measure the performance of specific sectors or collections of stocks from some of the world's most famous and widely recognized companies.
Options CFDs: Options CFDs allow investors to buy or sell specific assets at an agreed price at a future time without actually owning the asset, offering leverage on price fluctuations for investment opportunities.
Exchange-Traded Fund (ETF) CFDs: ETF CFDs allow investors to speculate or hedge on the price movements of the fund without actually buying or holding the fund.
Account Types
Plus500 offers two types of accounts for its users: a demo account and a real account. The demo account allows users to practice trading with virtual funds in a risk-free environment, honing their trading skills and strategies. The real account offers users the opportunity to trade in real time with actual funds, allowing them to participate directly in the real financial markets.
Trading Leverage
This broker provides different levels of leverage for various types of trades.
Maximum leverage of 1:20 for index CFDs. A maximum of 1:30 for forex CFDs. A maximum of 1:20 for commodity CFDs. A maximum of 1:5 for stock CFDs, with no stamp duty. A maximum of 1:5 for options CFDs. A maximum of 1:5 for ETF CFDs.
For professional accounts, Plus500 offers maximum leverage of 1:300 for forex, 1:150 for indices, 1:150 for commodities, 1:20 for stocks, 1:5 for options, and 1:100 for ETFs.
Deposit and Withdrawal Methods
Plus500 offers a variety of global payment methods, including but not limited to VISA, Mastercard, PayPal, bank transfers, Apple Pay, and Trustly. These payment methods cover a wide range of common electronic payments and bank transfer options, providing customers with convenient and secure ways to deposit and withdraw funds.
Trading Software
Plus500 offers its proprietary +Insights platform, including web and mobile versions, typically used for trading in financial markets such as forex, stocks, futures, and more.
Customer Support:
The Plus500 website supports 28 languages, including English, Simplified Chinese, Traditional Chinese, Czech, Spanish, and Danish. Users can contact Plus500 through online chat and email on the broker's official website. Multiple contact channels are available, and traders can contact the customer support team by phone at +65 3138 9075 for direct and immediate assistance. Additionally, users can contact the broker via WhatsApp.
Conclusion
Founded on September 21, 2009, with its headquarters in London, UK, Plus500 offers contract for difference (CFD) trading services covering forex, stocks, indices, options, and exchange-traded funds among other financial products. It is registered and regulated in the UK, Cyprus, Australia, Seychelles, Singapore, and Dubai. It offers payment methods like VISA, Mastercard, PayPal, among others, and its self-developed +Insights platform covers web and mobile versions. Customer support includes online chat, email, telephone, and WhatsApp.
Currently, Plus500 is marked as "Normal Operations" on TraderKnows.
