What does Plus500 do?
Plus500 (PLUS) is an international finance company, which provides an online platform for retail clients to trade contracts for difference (CFDs) – an instrument for speculating on whether a financial market will rise or fall in price. They offer CFD trading on markets such as stocks and commodities.
When was Plus500 started?
Plus500 was founded in 2008 by Gal Haber, Alon Gonen, Elad Ben-Izhak, Shlomi Weizmann, Omer Elazari and Shimon Sofer, after they met at the Technion Israel Institute of Technology.
Where does Plus500 operate?
Plus500’s headquarters are in Haifa, Israel, but it also has subsidiaries that operate in the UK, Cyprus, Singapore and Bulgaria. It is authorised and regulated by the Financial Conduct Authority (FCA) in the UK, as well as by relevant regulatory bodies in its other locations.
Where is Plus500 traded?
Plus500 initially listed on the London Stock Exchange’s Alternative Investment Market (AIM) in July 2013. With a share price of £1.15, the IPO raised $75 million. After five years, in June 2018, Plus500 officially moved to the LSE Main Market. You can trade the Plus500 share price, or buy Plus500 shares, with IG – find out more about share trading.