About Plus500, Regulation, Account Sign-up and Getting Verified


This Answers the Following Questions:

Is Plus500 a regulated broker?
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Is Plus500 a market maker?
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Can Plus500 be trusted?
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How do I register with Plus500?
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How long does it take to verify an account with Plus500?
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How does Plus500 work?
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What is Plus500?
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Is Plus500 only CFD?

Plus500 is an international trading firm providing trading services in Contract for Difference (CFDs). Its headquarters is located in Israel and has branches worldwide.

Plus500 Company profile
Plus500 Company profile

Risk warning: 76.4% 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.

As a CFD brokerage, it primarily uses a market maker model where orders are transferred via an automated dealing desk. Regulators however have set several conditions which prevents market makers to act against the interest of their traders and Plus500 is in compliance with this.

Regulation and company reputation

This brokerage is licensed by the following financial regulators:

  • Plus500UK Ltd authorised & regulated by the FCA (#509909)
  • Plus500CY Ltd authorized & regulated by CySEC (#250/14)
  • Plus500SG Pte Ltd, licensed by the MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018)
  • Plus500AU Pty Ltd (ACN 153301681), licensed by:
    ASIC in Australia, AFSL #417727, FMA in New Zealand, FSP #486026; Authorised Financial Services Provider in South Africa, FSP #47546. You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.

Plus500 CySec regulation
Plus500 CySec regulation

Risk warning: 76.4% 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.

Furthermore, it is listed in the London Stock Exchange and is a part of the FTSE 250 Index.

So is it reliable to trade with Plus500?

Yes. Plus500’s trading platform is easy to use and is trustworthy. The client’s money is placed in a segregated bank account and is not invested in other markets.

Plus500 customer support
Plus500 customer support

Risk warning: 76.4% 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.

There’s more…

Plus500’s email and chat customer support are available in multiple languages 24/7 so you can get in touch with one of their agents any time of the day.

Opening an account

Account registration with Plus500 is simple and easy. The image below is how the registration page would look like.

For new users, click on “New User” and enter your details, then click “Create Account”.

Plus500 Open an Account
Plus500 Open an Account

Risk warning: 76.4% 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.

Once logged in, you can trade using a demo account, so you can practice and get used to the tools.

To be able to trade with real money, the account needs to be verified.

Getting your account verified

In the Menu on the left side, click on “Funds” and fill in the required details.

You will then be redirected to the “Verify Account” page. You will need to upload your ID and proof of address. As a bonus, you can get free money if you also verify your phone number and email address.

plus500 account verification
plus500 account verification

Risk warning: 76.4% 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.

Review your details and once everything is in order, click on the “Verify” button and upload the documents.

The verification usually takes just five minutes which is a lot faster than what most brokers can accomplish.

Risk warning: 76.4% 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.

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