Plus500 Won’t be Affected by FCA Regulation Changes

Trading giant Plus500, who in October started operating in accordance with proposed changes by the Financial Conduct Authority (FCA) said that the announcement on Friday by the FCA regarding changes to regulation in the UK will not have any effect on them, as they had already anticipated the regulatory changes.

Plus500 who offers customers over 2,200 financial instruments of CFDs to trade, has already adopted the proposed rules after the ESMA announced the crackdown in August of this year.

The FCA said on Friday that they were looking to introduce making product intervention measures permanent with many of the European Securities and Markets Authority’s. As part of the rules, it has put caps on leveraged trading that will stay in effect for a period of 3 months, after which it will need to be renewed by the ESMA, citing customer protection.

The cap on leverage will depend on the asset class ranging from between 2:1 to 30:1. As part of the law, binary options will be banned.

Plus500 does not offer binary options, so they will not be affected by this proposed intervention.
The announcement by the FCA did not come as a surprise to the industry, as almost everyone expected the local authorities to make the rules permanent.

What’s more …………

Plus500 does not see this new measure impacting in any way in their revenue, as they said before ‘they are well placed to ride out any volatility in financial markets’, in spite of the regulatory changes.

What’s the real story?

Plus500 forwarded thinking can be seen in all their trading procedures, offering you the trader the highest standards in trading and opportunities.

Look, they offer a number of outstanding features like:

• Education, free webinars, e-books and more
• Personalized customer support
• Free demo account
• Powerful platform with advanced financial tools
• Live news feeds and daily analysis on financial markets
• Highly competitive
• Reputable and regulated by a number of financial institutions

Bottom Line?

Whether you are an experienced or novice trader you will discover that Plus500 can help you increase your portfolio with a great trading experience.

Visit Plus500 Site

80.6% 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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