Plus500 is a great place to trade CFDs, cryptocurrencies, FX, stocks, ETFs, commodities, indices, and options.
Everything on there is leveraged, and your money are protected to the greatest extent feasible. There are around 2 000 instruments available for usage.
Plus500 Can Be Used Where?
It is distributed in over 50 countries and is available in 30 languages. You must pay the necessary taxes for your country on anything you make.
It was founded in 2008 and has accomplished a great deal since then. It began giving no-commission CFDs on equities in 2009. A year later, it also introduced a web-based version of the trading platform and expanded the portfolio with ETFs. Every month since 2011, the site has recorded over 2 million transactions. After the iOS version was released, it rapidly became the App Store’s top-rated trading app. Plus500 then added 1,000 additional diverse equities from worldwide marketplaces.
Plus500 Group listed on the London Stock Exchange’s AIM sector in 2013 and incorporated Bitcoin. Plus500 Ltd’s market capitalization swiftly surpassed $1 billion. It afterwards opted to sponsor the football team Atletico de Madrid, as well as build a fantastic mobile application.
Rollover functionality, as well as CFDs for options, were implemented in 2016. It also sponsored the 2017 Super Rugby Australian Conference Champions a year later.
The firm has listed its shares on the London Stock Exchange’s Main Market for Listed Companies and has entered the UK FTSE 250.
What are Plus500’s goals
The firm wishes to increase trading volume and intends to do it by providing the greatest UX, innovation, and a wide range of services.
Another objective is to gain market share in existing countries and expand products into other jurisdictions. The company would seek to obtain new customers in regulated areas.
Its goal is to continue to be an R&D leader and to deliver innovation to the market. The corporation has also set a goal of continuing to optimise procedures in terms of the operational model. Because of the technologies employed, Plus500 will not have to invest a lot of money to penetrate new markets throughout the world.
The Instruments on Plus500
The site allows you to trade forex, indices, cryptocurrencies, commodities, stocks, options, ETFs, and CFDs. There are nearly 2,000 in total. You go over them all on the internet. Shares are classified as popular or from one of 21 distinct nations.
If you are interested in cryptocurrency, there are several pairs available, including ETH/BTC, BTC/USD, BCH/USD, IOT/USD, XMR/USD, XRP/USD, EOS/USD, and many more. Bitcoin, Ethereum, Bitcoin Cash, Litecoin, NEO, Ripple, IOTA, Monero, and EOS are the accessible currencies. On the website, you may learn more about them, including the minimum trading size for a certain instrument, trading hours, leverage, and margins.
Trading with Plus500?
To begin, navigate to the Trade section of the site. Select the instrument you wish to use, then click Buy/Sell. Following that, a popup will open in which you may examine the price and select the size of the deal. A position value and the needed margin are also displayed.
This is also where you create a Stop Order to limit your losses. Until you press the Buy/Sell button, the rates will change automatically based on market changes.
To create a Trailing Stop order, navigate to the position screen and choose Advanced. The Trailing Stop box appears. Select the pips required and tick it.
Trailing Stop Orders, Guaranteed Stop Orders, Close at Loss Orders, and Close at Profit Orders are the four types of Stop Orders accessible.
When you want to close a position, go to the Open Positions page and click Close Position. If you are unable to end a trade, it is possible that it is not within trading hours for this instrument or that it is temporarily unavailable due to a market restriction.