Plus500™ – information
Plus500 is a market-leading CFD provider offering excellent conditions for trading stocks, Forex pairs, commodities, cryptocurrencies, ETFs, options and indices using innovative investment technology.
Who is Plus500 ?
The Plus500 trading platform is offered by Plus500CY Ltd. Therefore, Plus500CY Ltd is the issuer and seller of the financial products described or available on this website. Plus500CY Ltd is a Cyprus based company with its offices located in Limassol. The company is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), with licence no. 250/14, to offer Contracts For Difference (CFDs) in various underlying products. The company is a rapidly growing CFD provider and currently offers a portfolio of over 2000 instruments. Plus500CY Ltd is a subsidiary of Plus500 Ltd; a company listed on the London Stock Exchange’s Main Market for Listed Companies, and headquartered in Haifa.
When you open an account, Plus500CY Ltd will hold your funds on a segregated basis, in accordance with the Cyprus Securities and Exchange Commission’s client money rules.
|Protection of clients’ money|
|All client funds are held in a segregated client bank account in accordance with the Cyprus Securities and Exchange Commission’s (CySEC) client funds rules|
|Plus500CY Ltd uses its own funds for hedging, it does not use client funds for this purpose|
|Plus500CY Ltd does not pass client funds through to hedging counter-parties|
|Plus500CY Ltd does not initiate speculative positions in the market|
|Plus500CY Ltd has no exposure to corporate or sovereign debt|
|Plus500CY Ltd is regulated by the CySEC|
|Plus500CY Ltd does not invest funds of retail clients|
Investor Compensation Fund
Plus500 participates in the Investor Compensation Fund for clients of Investment Firms regulated in the Republic of Cyprus. Plus500 affords you the security, resources, global coverage and service of a multinational organisation with more than 1,000,000 clients worldwide carrying out millions of transactions per month. Furthermore, Plus500 is debt free, has substantial liquidity and significant surplus regulatory capital reserves over its regulatory requirements. Read more: Investor Compensation Fund
Top rated CFD trading platform
Plus500 is one of the highest rated CFD trading apps on the Apple App Store and Google Play. Its advantages include ease of use and many advanced functions. The application also offers CFDs on many popular financial instruments.
The broker also offers instructional videos with popular investment strategies:
Plus500 is compensated for its services through the Buy/Sell (Bid/Ask) spread, so when you open a position, you essentially “pay” the spread. This spread is incorporated into the Plus500 quoted rates and is not an additional charge or fee payable by you.
To view the spread for a specific instrument, simply:
- Create an account and then log in.
- Search for a specific instrument.
- Click on the Details icon (i) and scroll down to the Info section.
Here are some sample spreads for selected instruments:
The fees below could be applied to your account, depending on your trading activity:
An overnight funding amount is either added to or subtracted from your account when holding a position after a certain time (referred to as the “Overnight Funding Time”).
Currency Conversion Fee
Plus500 will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The Currency Conversion Fee will be reflected in real time into the unrealised profit and loss of an open position.
Guaranteed Stop Order
A unique order type used to help you manage risks by guaranteeing the stop loss level. If you choose to use this feature, please note that as it guarantees that your position closes at a specific requested rate, it is therefore subject to a wider spread.
A fee of up to USD 10 per month will be levied, should you not log in to your trading account for a period of at least three months. This fee will be charged once a month from that moment onwards, as long as no login is made to the account.
72% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you can afford the high risk of losing your money