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Plus500 is a well-established online trading platform that was founded in 2008 by a group of six alumni from the Technion Institute in Israel. The firm specializes in Contracts for Difference (CFDs) and has grown significantly since its inception, becoming a prominent player in the online trading industry.
Plus500 Ltd. is the parent company of the Plus500 brand. It is a publicly traded company listed on the London Stock Exchange under the ticker symbol "PLUS" and is a constituent of the FTSE 250 index. The ownership structure includes various subsidiaries operating in different jurisdictions, ensuring compliance with local regulations.
The company's headquarters is located in Haifa, Israel. This strategic location allows Plus500 to leverage Israel's reputation as a technology hub, particularly in the fintech sector.
Plus500 operates globally, providing online trading services in over 50 countries. The platform offers a wide array of financial instruments and caters to millions of active users worldwide. The company has established a significant presence in Europe, Asia, and other regions.
Plus500 is regulated by several leading financial authorities, including:
Since its founding, Plus500 has achieved several key milestones:
Plus500 has expanded its business through strategic acquisitions and partnerships. The company has made notable acquisitions, such as Cunningham Commodities in 2021, which allowed it to enter the U.S. futures market. Additionally, Plus500 has expanded its product offerings to include stock trading and futures trading through its Plus500 Invest platform.
The customer base of Plus500 has grown significantly, with over 25 million registered users globally. The firm has opened over 300 million positions since its inception, reflecting its popularity among retail traders.
Plus500 has continuously improved its trading platform, introducing new features and functionalities to enhance user experience. The company offers a proprietary web-based platform and mobile applications that provide a seamless trading experience across devices.
Plus500 has received various awards for its trading platform and services. It has been recognized for its user-friendly interface and innovative trading tools, making it a preferred choice for both beginners and experienced traders.
Plus500 offers a wide range of forex trading options, providing access to over 65 currency pairs. This includes major, minor, and exotic pairs, allowing traders to capitalize on global currency fluctuations.
Through its Plus500 Invest platform, users can trade shares of publicly listed companies. The platform provides access to thousands of stocks from various exchanges, enabling users to diversify their investment portfolios.
CFD trading is the core offering of Plus500. The platform provides access to more than 2,800 CFDs across various asset classes, including stocks, indices, commodities, and cryptocurrencies. This allows traders to speculate on price movements without owning the underlying assets.
In addition to CFDs, Plus500 offers trading in cryptocurrencies, commodities (such as gold and oil), and indices. This diverse range of instruments enables traders to explore various market opportunities.
Plus500 provides several unique advantages, including:
Plus500 operates under the regulatory oversight of several authorities, ensuring compliance with stringent financial regulations. The company's licenses include:
Plus500 has established various legal entities to operate in different regions, including:
Client funds are safeguarded in segregated accounts, ensuring that they are kept separate from the company's operational funds. This measure provides an additional layer of security for traders' investments.
Plus500 serves clients in over 50 countries, including major markets in Europe, Asia, and Australia. However, it does not accept U.S. clients for CFD trading but does offer futures trading options.
Plus500 has faced regulatory scrutiny in the past, including fines from the FCA for inaccurate transaction reporting. However, the company has since improved its compliance measures and continues to operate under strict regulatory oversight.
Plus500 operates in a competitive landscape with several key players, including:
Plus500 positions itself as a user-friendly trading platform, catering primarily to retail traders. Its zero-commission model and extensive range of CFDs make it an attractive option for those looking to trade without incurring high costs.
Plus500 differentiates itself through several key factors:
Plus500 has established itself as a significant player in the online trading space, offering a robust platform for trading various financial instruments. With a strong regulatory background and a commitment to user experience, Plus500 continues to attract a growing customer base worldwide. As the company expands its offerings and enhances its platform, it remains well-positioned to compete in the dynamic landscape of online trading.