This broker was founded by former students of the Technion (Israel Institute of Technology) in 2008.
A PC-based online trading platform was launched as a part of the Plus500 group
. Only in a year, the platform started to offer commission-free Contracts for Difference. In 2011, the company offered traders TIFs. And the technical capabilities of the trading terminal considerably expanded – trading became accessible from iPhones and iPads. In 2012, the traders could trade from Android devices. The same year, this online trading platform became the best CFD trading company in the world, and by 2014, Plus500 Ltd. reached $1,000,000,000.
During 2019, Plus500
provided traders with a wide range of advanced charting functions with which they could perform in-depth technical analysis. The proposal included a variety of technical indicators and displays.
At the moment it offers over 2000 financial instruments. Plus500 is listed on the London Stock Exchange. Its main specialization is Contracts for Difference (CFD) that enable traders to profit from trading stocks, commodities and ETFs without having to buy them. The company does not have brokerage fees, as is the case with most CFD brokers. This fact is especially important for beginners who are looking to start a trading career with minimum investments. Another winning feature is Plus500 demo account
, allowing beginners to test the platform and their skills.