- Easily trade CFDs and forex from the one account
- Multiple international markets
- No commissions
Not so great for
- No physical share trading
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Headquartered in Israel, but holding licenses in multiple jurisdictions, Plus500 services clients the world over. Plus500 is a global powerhouse in the CFD and forex trading space, with a listing on the London Stock Exchange and a front of shirt sponsorship with football giants Atletico Madrid.
If you’re a Singaporean trader, then it’s worth noting that the company’s Singapore subsidiary, Plus500 SG Pte Ltd holds a capital markets services license from the Monetary Authority of Singapore (MAS) and has an office located in Millenia Tower.
The following features of the Plus500 CFD and forex trading platform will help you make a decision on whether they’re the right broker for you:
You’ll have access to more than 2000 tradable markets, including local/international share market CFDs, forex, indices, commodities and cryptocurrency markets. You’re able to trade them all long and short on margin.
You can access your Plus500 trading account in multiple ways, including a cloud based trading platform, desktop platform, smartphone apps (iOS and Android) and even dedicated tablet apps (iOS and Android). Trade your way, wherever you may be.
Using pretend money, you can learn how to effectively trade CFDs and forex before committing your own money on a live account. There is no time limit for how long you can use the demo account, which subjects you to real market conditions so that you can see how well your strategies work.
A number of tools are accessible on the Plus500 trading platform to help you manage your risk in the markets. These include stop-loss orders, stop-limit orders, trailing stop orders, limit setting, price alerts and guaranteed stops.
Plus500 is licensed in Singapore by the Monetary Authorities of Singapore (MAS) and follows the strict regulatory requirements in order to remain. This includes all client funds being held in a segregated trust account and cannot use them for hedging purposes.
Plus500 doesn’t charge commissions on trades, instead running a spread only model that ensures traders’ costs are clear when they enter and exit trades. The spread is variable and up-to-date prices are always streamed live to your trading platform.
Plus500 offers services and options that will please practically every type of investor. Through the Plus500 trading platform, you are able to gain access to financial market data including real-time data to help guide your trading decisions. Once you have been signed up you will have access to:
If you are having an issue with your Plus500 account, their comprehensive FAQ page should be able to help solve your problem. If your issue requires a more personalised response, you can email Plus500 or simply start an instant live chat conversation, both directly from the contact us section of their website.
As for market data itself, up to the minute prices and spreads can be accessed through your online trading platform 24 hours a day, 5 days a week. It’s all easily accessible in one place.
If you’re ready to open a CFD or forex trading account with Plus500, simply click on ‘Start Trading’ button on the Plus500 website and fill out the sign up form.
While accessing a demo account will take you 30 seconds with a name and email address, in order to open a live account, you’ll need to provide:
Once your account has been approved by the Plus500 account services team, you will then be able to fund your account.
Everything we know about the Roblox IPO, plus information on how to buy in.
Everything we know about the Deliveroo IPO, plus information on how to buy in.
Looking for a cheap way to buy and sell shares on the SGX and other international exchanges? Your guide to finding cheap stock brokerage in Singapore here.
You can’t access Robinhood in Singapore, so here are five low-cost alternatives to trade US stocks.
Here’s everything we know so far about the Databricks IPO.
This vacation-rental giant has finally gone public. Learn how to invest in Airbnb in Singapore.
The MCO Visa card is a mobile cryptocurrency wallet and prepaid card that allows you to hold, convert and spend crypto with ease.
Learn how to invest in Snowflake in Singapore.
Trade securities across markets in Singapore, Hong Kong, Malaysia and US conveniently with RHB Securities.
Learn more about CGS-CIMB’s advanced trading features, iTrade mobile platform and fees before you apply.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.