Learn more about Plus500 and how they got to be publicly listed
One of the most wonderful things about the inexorable rise of the internet is the way it has given almost anybody with some money to invest and a willing mind the opportunity the experiment with, and hopefully profit from, many financial instruments which only a few years ago were the sole domain of elite City traders.
Over that same time period, many online trading companies have come into existence to fulfill demand from the general public for the opportunity to trade with these instruments.
Plus500 is one of these companies, so let’s take a look at it in closer detail – or sign-up to Plus500 now if you cannot wait.
79% of CFD-account from non professional clients loose money.
Contract For Difference
Before we go any further, you need to be sure that you are familiar with the concept of Contracts For Difference (CFDs). Having first come into existence in the early 1990s, CFDs are basically a financial instrument that allows investors to take a position on whether a price will rise or fall without actually owning the underlying entity. For example, if you think the price of shares in a company will rise within the next 24 hours, you can make a CFD with another trader to reflect this. If the share price does rise, the person you made the CFD will pay you in proportion to how much it rose. Equally, if the price drops, you’ll be liable to pay the other trader in proportion to how much the share price fell. Remember, your capital is at risk when trading CFDs.
Trade CFDs and even Bitcoin
Plus500 review (yes, that’s how it’s written, so don’t get caught out on those online forums calling it “Plus 500″ or even “+500″) is a company which facilitates the trading of these CFDs. Once you’ve gone through their easy sign-up process and deposited some money, you’ll be able to trade CFDs on a vast array of entities, from shares through to commodities, foreign exchanges, and more. You can even trade Bitcoin on their site now, demonstrating how they are at the cutting edge of the latest developments and advances in the financial world.
Plus500 listed on LSE
Having only been established in 2008, the company has gone from strength to strength, and is now publicly listed on the London Stock Exchange (LSE) with its HQ in City of London. After an Initial Public Offering in July 2013, the company raised approximately $75 Million, putting its overall market capitalization at a huge $250 million. All of these impressive figures serve to demonstrate that online CFD trading certainly appears to be here to stay, and that Plus500 is at the forefront of the market.
Practice money – get used to trading CFDs
We hope that our introduction has given you a clearer idea of what Plus500 is and of the type of financial instrument to which they give their users access. If so, why not take a look at their site or one or that one of the other forex brokers (there’s quite a few out there now), and have a dabble yourself? Don’t forget that trading in CFDs can be risky, so make sure that you do plenty of research before you commit any money. Most sites, Plus500 included, offer a function where you can trade using practice money through demo/practice accounts, and we’d recommend using that function as a great starting point for novices. Finally, we’d like to wish you the best of luck trading CFDs!