From April 2017, Plus 500 has decided to follow the directions of regulator CySEC and has halted all bonus promotions. In the future, Plus500 will compete on low spreads and no fee’s.
Please notice that trading CFDs puts your capital at risk.
Plus500 are one of the largest and most user-friendly CFD and forex brokers online. This guide is a tool to help traders not yet familiar with the international online platform for Contracts For Difference (CFDs) in stocks, commodities, indices, foreign currencies, and exchange-traded funds (ETFs); Plus500’s website and operations; and how to use the different services available through Plus 500. Plus, of course, securing a good start with Plus500 by informing you about the Plus500 bonus code (2016).
Plus500 is a CFD service broker founded in Israel by six friends in 2008, and launched in 2008. The idea was born when one of the founders, Alon Gonen, tried to “short” Microsoft shares from the largest broker at the time, IG Group. The registration process on IG seemed too complicated and unfriendly to the user, and the future founders of Plus500 decided that they would try to do a better job than the existing platforms, and so started working on Plus500. In 2014, Plus500 had about 1 million clients, and conduct more than 2 million transactions a month. The UK website operates under registration from an FCA licence. Plus500 is listed at Aim
The UK website operates under registration from an FCA license. Plus500 is listed at Aim [LON:PLUS].Plus500 UK Ltd is aauthorized and regulated by the Financial Conduct Authority (FRN 509909).
Plus500 CY LTD is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14).
Plus500 AU Pty Ltd, AFSL #417727 issued by the Australian Securities and Investments Commission is authorized to issue these products to Australian residents. You do not own or have any rights to the underlying assets. Please consider our Disclosure documents available on our website.
Before you can start trading, you need to register on the Plus500 platform and create an account. With Plus500 this process is easy, and should take no more than a few minutes. Here are step-by-step guides for new users, including how to get registered, how to receive a bonus, and how to start trading in CFDs.
There are two diffent ways of registering depending on whether or not you want to receive just the initial no-deposit Plus500 bonus, or both the regular first deposit bonus using a bonus code and the no-deposit bonus.
When trading with Plus500 you have the choice of getting different bonuses: both a first-deposit bonus, up to an amazing £6,000; and a £20 no-deposit bonus. While the no-deposit Plus500 bonus doesn’t demand a deposit from you, the first-deposit bonus is dependent on your first deposit to your Plus500 CFD/forex account. If you deposit £100 to the account, you will receive £20 as a first-deposit bonus; if you deposit £4,000 you will receive £500, etc. However, it is important to underline that the possibility of depositing £200 and receiving £40 depends on an exclusive bonus code, and that it is necessary to enter the Plus500 bonus code “FX200” in order to receive the bonus.
Of course you have to meet some bonus requirements in order to “cash in” the no-deposit bonus. The requirements are:
In order to fulfil the wager demand, and be able to withdraw the bonus and the money earned with the bonus, you will need to ean trader points, or Tpoints. You earn Tpoints by trading. For example, if you open a position on UK 100 and buy a position worth £15,000, you will receive 3.00 TPoints.
In the following table you can see the most popular instruments, and how many Tpoints each £750 is worth in TPoints:
Currently, Plus500 offers a broad range of investment possibilities within the main markets: shares, commodities, indices, forex, and exchange-traded funds (ETFs). If you are not into, for example, single stocks, you can invest further in indices such as the British FSTE, the German DAX, the DOW Jones, or whatever you choose. The advantage of an index is of course that you don’t have to be an expert within a single stock, but can invest in a range of different companies at the same time.
For new investors it can be a great idea to see Wikipedias page about Foreign Exchange markets.
Since more and more people are using their mobile devices, smartphones or tablets when they invest, it is important that your broker offers a mobile solution. Plus500 offer a mobile solution so that you can invest when you are up for it, and when the markets are good. Sometimes you may have the right strategy but are too busy to sit at home and invest; then you can use the Plus500 mobile device solution in order to invest at the right time. In the first quarter of 2013, 40% of all Plus500 transactions were made via a smartphone or a tablet.
Plus500 probably could not believe their luck when they became the main sponsor on Athletic de Madrid. Since then Athletic de Madrid has established themselves as one of the top clubs in Spain and in the Champions League. Even though the sponsorship deal probably has paid off in publicity no doubt that the deal cost the online trading company millions of €.
So the result is that it today is possible to see the logo from Plus500 trading on the chest of Fernando Torres, Antoine Griezmann and Yannick Ferreira Carrasco.
It is our evaluation of Plus500 that it is a great beginner forex or stock or commodities trader. The usability is great and it is very easy to get around on the website. The Plus500 bonus also makes it good for beginners. Remember the unique Plus500 bonus code or just use one of the links on this website.
What are less great is the spreads. Plus500 charge a little more on the spread than some of the brokers that many of the professionals use such as ETX Capital. It is an ok first forex broker.
Again, please remember not to bet more money on a CFD platform than you can afford to lose. For every trading millionaire there are more than plenty of people for which the CFD experience cost them money.