Easy Registration and CFD Trading on Plus500
Plus500 is one of the leading platforms for CFD trading. You can trade CFDs in hundreds of financial markets on its trading platform with small amount. Plus500 only offers one trading account type. It also offers many trading tools for free that you can use on the official website of Plus500 or the web trader. To trade on the platform, you have to register and sign up for a trading account first.
CFDs are a leveraged product and can result in the loss of your entire balance. Trading CFDs may not be suitable for you. Please consider whether you fall within Plus500's Target Market Determination available in their Terms and Agreements. Please ensure you fully understand the risks involved.
Overview:
- Minimum Deposit: $100
- Maximum Leverage: 1:30 (T&Cs apply)
- Tradable Assets: over 2800
- Regulated by: ASIC, FMA, FSA, and FSCA.
- Demo Account: Yes
Note: CFD Service. Your capital is at risk
How to Sign Up Plus500’s CFD Trading Account?
You can sign up for Plus500 trading account by following these simple steps:
- Go to official page
To open an account, you have to visit Plus500 official website first. On the official website, you will find the full and updated information on the available instruments, trading conditions, trading tools on the platform, and company descriptions. Keep in mind that you need to understand the service of the CFD trading provider well before you start trading. Click on this link to go to Plus500 official website: https://www.plus500.com/
- Go to register page
Once you are on the official website, click on “Start Trading” or “Start Trading Now” and you will be redirected to the registration page of Plus500. You can open your live trading account on that page. However, if you want to open a demo account with virtual money first, you may click on “Try Free Demo”. You can switch between the demo and live account easily with just a click on Plus500’s web trader.
- Provide details
Once you are on the registration page, enter your email address for the account and set a password. These are the only two pieces of information that are required to register on Plus500 and login. However, you must complete the verification steps later. By clicking on “Create Account”, you will be logged in to your live trading account automatically. After that, you can make a deposit immediately, monitor the markets, manage your account, and start trading.
- Verify account with proper documents
Account verification is a very important step. To proceed with account verification, go to “Menu”, from there, “Account”, and then click on “Verify Account”. After that, there will be multiple questions with questions and you have to go through those to complete your account verification. You also need to submit a copy of ID for identity verification, along with a proof of address document. Then, you must validate your email address and phone number. These validation steps confirm that the information you have provided is genuine. In return, you will be able to access to the complete collection of trading tools of Plus500 trading platform after you complete the verification.
- Make deposit and start trading
To start trading, you first have to fund your live trading account with real money. To do this, proceed to “Menu”, “Funds”, and after that, “Deposit”. You will see the list of fund deposit methods available with the forms to fill in on this page. To deposit your money, you can use various methods like bank wire transfer, credit/debit cards, Skrill, PayPal, and Krarna. Plus500 does not charge the traders any fees for depositing funds, and some deposit methods allow you to transfer your funds instantly. You may contact the multilingual support team to know more about the fund management with Plus500.
Once you make the deposit to your live trading account, you can start trading on the financial markets. You need to login to Plus500’s web trader to make trades and monitor the markets. You can access to the web trader from any device including Windows, MAC, iPhone, iPad, Android, and tablet. So, you can invest in CFD trading online from anywhere and anytime.
Plus500 Required Sign Up For Demo Account
If you are a beginner, then you should trade on demo account before going live. A demo account allows you to trade with virtual money so there are no risks of losing real money. Plus500 offers a demo account for free on its simple and innovative platform. To open a demo account, you can click on “Try Free Demo” on the homepage of the official website. You need to enter your email address and set a password to open the demo account.
Plus500 Required Documents For Account Verification
All licensed and regulated trading platforms ask for some kind of documentation to verify the information of the information provided by the traders. So, in order to satisfy legal and regulatory requirements, Plus500 requires verifying the ID and address of its traders.
You can upload your ID card, driving license, passport, or residence permit. As for your address, you can submit a photo or a scan of a document bearing your name and address issued in the past 6 months. For example, bank statement, utility bill, salary slip, or toll taxes letter can be submitted. The document type can be PDF, JPG, GIF, or PNG.
Plus500 Trading markets
Plus500 offers CFD trading in forex, shares, indices, crypto, commodities, and ETFs though one web trader from one trading account. Trading conditions are different based on the market you are trading. So, visit the official website of Plus500 first to know more about the trading conditions of all financial markets.
Forex CFDs
You can trade CFDs on forex on Plus500 with up to 1:30 leverage. The platform offers advanced trading tools such as stop loss, stop limit and guaranteed stop so you can lock in profits and limit losses. Traders can also set indicators to analyse charts easily. You may apply for an account within a few minutes and practise forex trading with the free unlimited demo account before moving to the real account. So, you are trading with €3,000 capital by investing €100 only.
Commodity CFDs
Plus500 offers a wide variety of popular commodity CFDs with leverage. You can trade Gold, Oil, Silver, Copper, Palladium, Brent Oil, Heating Oil, and Corn on the leading trading platform. These commodities CFDs can be traded on Plus500 with up to 1:20 leverage. So, if you invest €100 only you are trading with €2,000 capital.
The platform provides the traders with the benefit of simple account management. You can fund your money quickly and smoothly via credit/debit card, bank account, Skrill, or PayPal. Various tools are also available including a free-of-charge notifications service to manage your monetary and trading activity.
Just like CFD trading in forex, you can define stops and limits in commodities CFD trading on Plus500 as well. By doing this, you can request the closure of a position at a certain rate. Guaranteed stop can be set to avoid slippage completely.
Share CFDs
Traders can trade shares CFDs like Apple, Facebook, Alphabet, and Microsoft on Plus500. The platform offers the benefit of falling or rising markets by opening Buy or Sell positions. You may visit the platform to discover its sector indices and cannabis shares. Other shares available on the platform include NIO, BYD, Moderna, Nikola Corporation, Palantir Technologies, Pfizer, Alibaba, and AstraZeneca.
Enjoy the flexible trading in share CFDs on Plus500 with up to 1:5 leverage. This leverage allows you to trade with €500 capital although investing only €100.
ETF CFDs
Plus500 allows CFD trading on the most popular Exchange Traded Funds (ETFs) like SPDRUSA500 and VXX Volatility with leverage up to 1:5. By trading with as little as €100, you can gain the effect of €500 capital.
You may start trading with the help of advanced technical analysis tools. A variety of indicators is offered according to the trader’s personal preference to analyse charts and discover trading trends. The platform also offers high standard customer support around the clock via chat and email.
Indices CFDs
Plus500 offers CFD trading in the most popular indices around the world such as the USA 500, France 40, and US-TECH 100. With leverage trading, you can magnify the size of your trade without investing a large amount. Leverage up to 1:20 is allowed on indices CFD trading, which means that you can start trading with €100 and gain the effect of €2,000 capital. Other indices on Plus500 include Germany 30, Hong Kong 50, Europe 50, Italy 40, USA 30 – Wall Street, and VIX Volatility Index.
For more please read Plus500 platform Review
Note: CFD Service. Your capital is at risk
FAQ
To set up a Plus500 account, you need to visit the official site and go to the registration page. You may open your account here by entering email and setting a password.
Plus500 is good for beginners because it offers demo account to practice trading, stop loss for risk management, advanced trading tools, and multilingual customer support.
The minimum deposit on Plus500 is $100 or currency equivalent.
You can switch between the real money and demo accountseasily with just a click on “Switch to Demo Mode” or “Switch to Real Money” in the main platform screen or from the Plus500 app’s menu.