Plus500.com only accepts non-U.S. customers.
* 80.6% of retail investor 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.
* Plus500 is a CFDs service.
* This service is not available in all regions.
Plus500 Corporate History
Plus500.com is a world class online forex broker based in the UK. Since 2008. Plus500 has headquarters in Haifa, Israel and Plus500UK is headquartered in England and is authorized and regulated by the British Financial Conduct Authority.
Plus500.com offers customers its own proprietary multi asset trading platform. This allows a non-US online forex trader the possibility of trading CFDs on commodities, stocks, indexes, ETFs.
The amount for opening a live account at Plus500 requires a minimum initial deposit of $100 and accounts can be funded through Visa/MasterCard, MoneyBookers or through a wire transfer. The maximum leverage on Plus500 accounts is 1:30. Keep in mind the higher the leverage, the greater the risk, so keep it as low as possible.
Plus500.com offers customers two types of accounts:
• Live account – minimum deposit $100
• Free demo trading – this type of demo trading account has an unlimited use time and comes complete with a trading platform and charting software.
• Several options for funding an account
• Credit card transfers from Visa and MasterCard.
• MoneyBookers cash transfers
• Wire transfers from banks or other institutions
• Customers must provide proof of identification to withdraw funds
• Takes up to 24 hours for the customer’s identifying documents to be reviewed
80.6% of retail investor 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.
Plus500.com offers clients a great proprietary trading platform, which is can run on Windows XP, Windows Vista and Windows 7 operating systems. The platform comes in three different formats: a web based version, accessible from any PC, a downloadable version that clients can download directly to a desktop or laptop computer and a mobile version for use with cellphones and other personal devices.
The trading platform also includes charting software and an all inclusive trading screen. The multi asset trading platform includes real time quotes and the ability to trade commodities such as oil, silver and gold, stocks, indexes, CFDs and ETFs. Tabs on the top of the screen allow access to historical trades and current positions.
The Plus500.com trading platform has the same features and presentation across all three versions, facilitating trade entry and execution from any cell phone or computer. Plus500.com, however does not offer support for other third party trading platform such as MetaTrader 4.
Plus500.com offers e-mail and live chat support in multiple languages.
Plus500 CY LTD is authorised and regulated by the Cyprus Securities and Exchange Commission (License No. 250/14).
Plus500AU Pty Ltd, ACN 153 301 681, AFSL # 417727, issued by the Australian Securities and Investments Commission is authorized to issue these products to Australian residents. Derivatives issuer licence in New Zealand, FSP #. 486026 authorises us to issue these products to New Zealand residents. Plus500AU Pty Ltd, is also an authorized Financial Services Provider in South Africa, FSP 47546. You do not own or have any rights to the underlying assets. Please consider the Disclosure documents available on Plus500’s websites.
Plus500 UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909)
Warning: 80.6% of retail investor 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
Plus500.com may not be the largest online forex broker, but they offer a great trading platform accessible from your cell phone and just about any Internet computer. Also, Plus500.com gives non-U.S. traders the ability to access much more than just the forex market, and the company is Authorised and regulated by the Financial Conduct Authority, thereby providing customers with added fund security.
Furthermore, their customer service department responds quickly via e-mail and Plus500.com has an online chat feature though they do not list a phone number. If communication via e-mail or chat is acceptable, this broker makes a good overall choice for seasoned traders alike.