What does Plus500 do?

Plus500 is a global fintech firm providing online trading services in contracts for difference (CFDs), share dealing, futures trading and options on futures. [3] [4] [5] The company has subsidiaries in the UK, Cyprus, Australia, Israel, Seychelles, Singapore, Bulgaria, Estonia, the United States and Japan.

Where is Plus500 regulated?

Plus500. The company is headquartered in Israel and has subsidiaries in UK, Cyprus, Australia, Singapore and Bulgaria. Plus500 is authorised and regulated by the Financial Conduct Authority ( FCA ), the Cyprus Securities and Exchange Commission ( CySEC ), the Australian Securities and Investments Commission ( ASIC ),...

What is Plus500's tradesniper?

In September 2022, Plus500 continued to expand its global footprint by launching TradeSniper, a pioneering Futures trading app tailored for retail U.S. customers. [26] Since the company’s inception, Plus500 has utilized proprietary, internally developed technologies.

Why did Plus500 stock plunge 60 percent in May 2015?

In May 2015, Plus500 was hit with massive value loss when its stock plunged almost 60 percent due to the company's move to freeze UK based trader accounts. The UK Financial Conduct Authority had ordered Plus500UK (the UK subsidiary of Plus500) to freeze the accounts as part of a review into anti-money-laundering controls.