Plus500 South Africa branch is now allows to accept South African traders to trade CFDs, The Plus500 South Africa online trading platform is regulated in South Africa to accept traders.
Plus500 South Africa
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South African authority that oversees non-banking financial services industry, has granted Plus500AU Ltd, a license to operate an online trading platform for retail customers to trade cfds in South Africa.
Plus500 was established in 2008 as an online international broker that is popularly used in Asia, Europe and Australia and elsewhere in the world. In the United Kingdom (UK), the company operates under the name Plus500 UK Ltd and is regulated by the Financial Conduct Authority of the UK (FCA); in Europe, the company operates under the name Plus500CY Ltd and is regulated by the Cyprus Securities and Exchange Commission (CySEC); and in Australia, the company operates under the name Plus 500 AU Pty Ltd and is overseen by the Australian Securities and Investments Commission (ASIC).
The Plus500 trading platform is not available to traders in the US, where it has not been approved by the SEC because of the platform’s high returns on risky leveraged CFD trading. Plus500 utilizes the CFD method of trading various investment assets, which can be more risky than traditional trading methods.
One of the greatest things about the Plus500 market trading platform is that it’s one of the rare online-only front end web developers, which means there is nothing to install or download, which can be very appealing to those who are not too familiar with computers or traders who don’t use a secure proxy server for internet access.
Plus 500 is easy to understand and use and includes the Plus500 webtrader tutorial package that is one of the best tutorial packages available anywhere. This platform allows for lower minimum deposits and access to more exchange capabilities in more diverse trading markets and is fully loaded with all the real time price feeds and tools necessary for technical analysis of trades, industries and trading platforms.
Plus 500 offers over 2000 trad-able assets using CFDs in stocks, as well as all the most commonly traded commodities (corn, sugar and wheat), forex trading of all the major currency pairs, ETFs and all the major market indices, including the S&P 500, FTSE 100 and Nikkei 225, Traders can trade all the trade-able assets with Plu500 Webtrader.
Plus 500 traders can choose desktop, web-based or mobile applications for conducting trades using Plus500. Investors who usually trade on their home computers can use the traditional downloadable version of Plus500. For those who conduct investment activity from a work-related laptop or other non-personal computer, Plus500 WebTrader would be a good choice. Traders who need mobile access to their trading accounts can always access Plus500 using Smartphones, tablets and other electronic mobile devices.