Plus500 (CFD Service) is one of the largest online brokers in Europe and one of the best for trading CFDs. It carries out thousands of transactions every day and is trusted by more than 1 million clients. It offers a trading platform will allow you to trade through CFDs in more than 2,000 financial instruments such as currencies, shares, raw materials, main stock market indices,…
Plus500 (CFD Service) is authorised and regulated by the Financial Conduct Authority (FCA), the Australian Securities and Investment Commission (ASIC ) and the Cyprus Securities and Exchange Commission (CySEC), three of the most stringent supervisory bodies in the world today. It complies with all the regulations that allow it to operate in the European Union and in Spain it is registered with the National Securities Market Commission (CNMV).
Platform
Plus500 (CFD Service) offers a intuitive trading platform. This platform has been in use for years and has evolved considerably to become one of the best platforms to start trading. It is available in web format, in versions for iPhone, iPad or smartphones and as software to install on your PC. The platform is completely in Spanish and includes more than 32 languages.
Reliability
Plus500 (CFD Service) is a reliable broker, one of the largest in Europe and Asia, coordinating thousands of transactions daily and trusted by over 1 million customers.
Plus500 Ltd is listed on the main market of the London Stock Exchange. The company (Plus500UK Ltd) is based in the UK and is authorised and regulated by the Financial Conduct Authority (FCA) under registration number 509909. To offer its services to other countries it operates through Plus500CY Ltd based in Cyprus (like many other brokers due to the tax advantages of this European Union member country). It is therefore also regulated and authorised by the Cyprus Securities and Exchange Commission (CySEC ) under registration number 250/14. Also, Plus500AU Pty Ltd (ACN 153301681) is licensed under AFSL #417727 by the Australian Securities and Investment Commission (ASIC), FSP #486026 by the FMA in New Zealand and as an Authorised Financial Services Provider #47546 in South Africa by the FSCA. Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (DFSA) under licence no. F005651.
In addition, this online broker is also registered with the main supervisory bodies in the countries in which it operates, as in the case of Spain by the National Securities Market Commission (CNMV ) with registration number 3848.
In compliance with the most rigorous European regulations, client money is deposited in accounts separate from those of the broker itself and is treated as client capital, which cannot be disposed of or affected by the company’s financial situation. Plus500 does not trade in its clients’ funds, nor does it use them for hedging purposes or pass them on to other counterparties.
Commissions
The low spreads between the buy and sell quotes will allow you to make frequent and flexible position changes. There are no major commissions for withdrawing your money, currency exchange or custody fees.
Demo account
With Plus500 (CFD Service) you can learn how to trade thanks to its Free Demo Account with 40,000 euros which allows you to try out its platform and trading conditions without putting your money at risk, without having to provide personal or bank details and without any time limit os use.
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Risk warning: CFDs are complex instruments and have a high risk of losing money quickly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can assume the high risk of losing your money
