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Plus500

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[lan-order name=”plus500″]

Plus500 overview

  • Easy to use simple platform
  • CFD trading of cryptocurrencies, stocks, commodities, etc.
  • Low fees
  • Low spreads
  • Publicly traded company
  • Free withdrawals 5 times a month

77% of CFD accounts for private customers lose money

Plus500 is a CFD trading platform where you can trade CFDs on cryptocurrencies, stocks and other assets. Plus500 also offers a great selection of a total of over 2,800 CFD instruments. At Plus500 you can trade the most popular cryptocurrencies with CFD contracts and exchange around the clock.

Here you get access to advanced analysis tools, real-time offers, leverage up to 1:30. It is fast and reliable order execution without commissions and tight spreads, making it a convenient place to trade.

Plus500 – Leading CFD trading, flexible and secure

  • Register an account easily with Google, Facebook or Apple
  • High usability
  • One of the leading companies in CFD trading
  • You can test the platform with their demo version
  • Switch CFDs on cryptocurrencies, stocks and other assets
  • Suitable for both simple and advanced users
  • Low fees

77% of private investors’ accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

User-friendly platform

Plus500’s trading platform is a user-friendly platform that anyone can use. Remember that CFDs are complex financial products so this type of trading is not suitable for beginners but for experienced traders. The company Plus500 is a reliable global brand that offers an easy-to-use trading platform for online traders where you can trade CFDs on cryptocurrencies, stocks and other assets in one place.

In addition to access to stock trading and cryptocurrency, you have here a solid selection of over 2,800 CFDs. The number of cryptocurrencies that can be traded is about 20.

Remember that trading with leverage is risky and you should familiarize yourself with how it works before you start trading with leverage.

It may lack some educational content and the selection of market surveys could perhaps be better for the very advanced traders. But overall the selection is good and information and trade easily accessible.

Note that CFDs are the only products offered by Plus500. Note that Plus500 is only authorized to offer CFDs and not binary options.

How to open an account with Plus500

At Plus500 you can choose to open a regular account with real money or start a demo version. Choose which version you want to start. You can register via your PC or mobile phone. When you register, you must verify your identity, so either find your passport, ID card or driver’s license and have your mobile phone handy.

  1. Open an account – Click on the green order button and open an account and fill in your details on Plus500.
  2. Add your personal information.
  3. Verify your identity.
  4. Deposit money and start trading

You need this to open an account

  • You must be 18 years or older (you must document your identity)
  • You must reside in one of the countries they offer their services to
  • Have a computer and/or smartphone connected to the internet
  • Have a valid phone number linked to your smartphone
  • Have a valid email address

Gearing

On the Plus500 platform you can trade cryptocurrencies with up to 1:2 leverage, ie potential profit or loss will be multiplied. You start with at least NOK 1,000 to get the effect of NOK 2,000 capital!

Trading license

Plus500CY Ltd is the issuer of the financial products available on the Plus500 website. Plus500CY Ltd is regulated by CySEC (license number 250/14).

Risk when trading CFDs

Trading CFDs is best suited for those who are a little risk-taking and want to spice up their portfolio with leveraged products. CFDs are complex instruments and have a high risk of losing money quickly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Advantages

  • Has been in the market since 2008
  • Publicly traded company on the London Stock Exchange (LSE: PLUS) and included in the FTSE 250 index
  • User-friendly platform, which makes it very convenient to trade on. But note that this does not make it easier to earn money
  • The platform has a good mobile app
  • Offers a good selection of over 2800 tradable CFD instruments
  • Fast and helpful customer service

Disadvantages

  • Fees are built into the spread when you trade.
  • The Plus500 platform mainly offers basic features, which is not so attractive for more advanced traders.
  • Limited to material to learn about financial markets.

User-friendly platform

The platform for Plus500 is user-friendly and simple and the trading platform has a relatively good range of products. The strength of the platform is that you can not only trade CFDs in cryptocurrency but also trade CFDs in many other assets such as stocks and commodities.

Here there is good liquidity and high security. The company is one of the leading trading companies in CFDs.

Payment methods on Plus500

On Plus500 you can use many different payment methods.

In Norway you can use these payment methods vMaster-/credit card,Master-/credit card,Visa card,Master-/credit card,Master-/credit card and/> Quick transferKlarna/Sofort BankingBank transfer.Bank transfer/Trustly

Fees Plus500 Cryptocurrency

Most of the services on Plus500 are completely free. Plus500 is primarily compensated for its services through the Buy/Sell spread (Bid/Ask), and when you open a position you essentially “pay” the spread. This spread is included in Plus500’s listed prices and is not an extra fee or charge you pay in addition to the stated prices.

If you want to see the spread on an instrument, log into your account and search for a specific instrument. Click the information icon (i) and scroll down to the information section.

Other fees that may apply are overnight financing, currency conversion fees, guaranteed stop orders and inactivity fees. Read more about the fees on Plus500’s website.

The fees described above apply to all instruments and not just cryptocurrency.

Share development for Plus500

Plus500 is listed on the London Stock Exchange under the symbol Plus.L. You can therefore buy shares in Plus500 on the London Stock Exchange. In early 2015, the share was around 600 pounds. Today, October 4, 2022, the price is around 1680 pounds. That is an increase of 180%. In addition to a stock market increase, the company has paid dividends twice a year. Dividends are marked with D in the chart below.

About Plus500

Plus500 is a global fintech company that offers online trading services in contracts for difference (CFDs), stock trading, futures trading and options on futures. The company is headquartered in Haifa, Israel with subsidiaries in the UK, Cyprus, Australia, Seychelles, Singapore and Estonia. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 index.

Plus500 history

The company was founded in 2008 by six alumni from Technion – Israel Institute of Technology with an initial investment of just $400,000.

The original platform was based on a Windows operating system. In 2010, Plus500 launched a web-based version of its online trading platform so that Mac and Linux users could trade online and in 2011 launched its first app for iPad and iPhone users.

In 2012, Plus500 introduced its Android-based trading platform for Android smartphones and tablets.

In 2013, the company listed on the AIM section of the London Stock Exchange.

In May 2015, Plus500 suffered a massive loss in value when its stock fell nearly 60 percent due to the company’s decision to freeze trading accounts in the UK. The UK Financial Conduct Authority had ordered Plus500UK (the British subsidiary of Plus500) to freeze the accounts as part of a review of controls against money laundering. Most customers regained access to their funds within 2 months. The subsidiaries in Australia and Cyprus were not affected.

In 2016, the Israeli operating subsidiary of the company, Plus500IL Ltd. one of a small number of companies to be awarded a trading arena license by the Israel Security Authority (ISA). The same year, Plus500 released an app for the Apple Watch to exchange and display account information directly from Apple’s portable device.

In early December 2017, Plus500SG Pte Ltd., Singapore’s subsidiary of Plus500, was granted a Capital Markets Services license by the Monetary Authority of Singapore (MAS) for securities trading and foreign exchange trading.

In June 2018, Plus500 launched its financial calendar, covering major economic events and indicators from around the world, provided by Dow Jones & Company, a subsidiary of News Corp. Plus500’s calendar lists the most affected instruments for each economic event.

In July 2018, Plus500 shares were listed on the main market of the London Stock Exchange and the company joined the British FTSE 250 index of leading listed companies.

Also in 2021, Plus500 signed an agreement to acquire Cunningham Commodities LLC. and Cunningham Trading Systems LLC. [18] and in July 2021 Plus500 announced the completion of its acquisition of Cunningham, [19] a provider of futures and options on futures brokerage services in the United States.

In July 2021, Plus500’s shares were included in the FTSE UK All-Share Index, the FTSE 350 Index and the FTSE All-World Index.

In February 2022, Plus500 announced that it had launched a new website and mobile app with an updated user interface and a new set of risk management tools. The changes aim to make trading “simpler, safer and more engaging” for customers.

What does Plus500 offer?

Plus500 is primarily known as a CFD and forex broker. The product offering includes:

  • CFDs on cryptocurrencies, stocks, ETFs, indices, commodities, options, bonds and interest rates
  • CFD trading on forex with leverage up to 1:30
  • Stock trading including fractional shares from over 20 stock exchanges worldwide
  • Futures trading including oil, gold and stock market indices
  • Options on futures including oil, gold, stock market indices and interest rates
  • ETFs on major stock exchanges worldwide.

The company does not offer binary options. Plus500 only offers CFD trading.

Awards Plus500

Plus500 has received several awards for its trading platform and services:

  • Best CFD Broker 2016, 2017 and 2018 – UK Forex Awards
  • Best Trading App 2018 – Online Personal Wealth Awards
  • Best CFD Provider 2019 – UK Forex Awards
  • Best Forex Trading App 2019 – Global Forex Awards
  • Best CFD Broker 2020 – UK Forex Awards
  • Best Trading App 2020 – Online Personal Wealth Awards

Plus500 Regulation

Plus500 is authorized and regulated by several financial regulators worldwide:

  • Plus500UK Ltd is authorized and regulated by the Financial Conduct Authority (FRN 509909) in the United Kingdom.
  • Plus500CY Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (License No. 250/14) in Cyprus.
  • Plus500SG Pte Ltd is licensed to operate in Singapore by the Monetary Authority of Singapore (License No. CMS100648-1)
  • Plus500AU Pty Ltd is authorized and regulated by the Australian Securities and Investments Commission (ASIC) (License No. 417727).
  • Plus500IL Ltd is authorized and regulated by the Israel Securities Authority (License No. 110801).
  • Plus500EE AS is authorized and regulated by the Estonian Financial Supervision Authority (License No. 4.1-1 / 18).