Plus500 was founded in 2008 and is owned by Plus500UK Ltd. It is a UK based company with its main offices located in the city of London. The company is regulated and authorized by the Financial Services Authority (FSA) to offer Contracts For Difference (CFD). The company is a rapidly growing CFD provider in Europe and Asia and currently offers its portfolio of over 1000 instruments to over a million clients.
Plus500 provides unlimited demo accounts for practice. Trading with Demo Money with no time limit and in real market conditions is the best way to learn how trading works without a risk. Opening of an Islamic account is possible. However, this broker is unable to accept account applications from residents of the USA or its citizens.
Plus500has supports the following trading platform to choose from:
- Plus500 Trader By Plus500
- Plus500 Mobile By Plus500
- Plus500 WebTrader By Plus500
A wide range of account currencies is available for clients of Plus500: AUD, GBP, CHF, DKK, NOK, PLN, HUF, USD, CAD, CZK, EUR, HKD, ILS, KWD, SAR, MYR, QAR, LTL, LVL.
When you open an account, Plus500 will hold your money on a segregated basis, in accordance with the Financial Service Authority’s client money rules. This broker offers a maximum 50:1 leverage. One of the requirements to open an account is a minimum deposit of $100.
Plus500 charges no commissions for Forex or CFDs, no fees for depositing or withdrawal and no margin interest. Trading at Plus500 is straightforward and easy with fixed spreads and no hidden fees.
There are various promotions introduced for MahiFX customers, for example, bonus of up to 30% on first deposit and free cash bonus of 25€ with no deposit required.
The MahiFX platform supports its clients with a wide range of educational tools and resources for traders of all experience and skill levels, traders will have access to learning resources that include webinars, video tutorials and community discussion forums as well as free access to news feeds.
All the information and materials are available in 35 different languages on the website of this broker. MahiFX possesses innovative trading technology and software that can be applicable for many devices, such as iPhone, Android, iPad and mobiles.
Plus500 online trading platform is supported 24 hours 7 days a week by a professional customer support team via email in Arabic, English and Hebrew.