Plus500

Plus500 is a company founded in 2008, and UK-based trading company. The company is a provider of online services for customers of the retail sector, the drive on a range of financial markets with contracts for difference trading. Shares of the parent company are admitted to trading on the AIM market of the London Stock Exchange.

History

The company was founded by five former students of the Technion - Israel Institute of Technology, established with an initial investment of U.S. $ 400,000, which was provided by Alon Gonen, the managing director of the company.

Operation

The company is registered and based in the UK and has operating facilities in Israel and Australia. The main premises are located in London. Initially it was for services provided only to a computerized trading system. In 2010, the company introduced its version of the browser for Mac OS and Linux users. 2011 the first app for iPad and iPhone users has been launched, then launches the Android app in the same year.

According to reports, 40 % of the transactions of smartphones or tablets are made from.

In an interview with the CEO of the company, Gal Haber talked about the grueling recruitment process, which has to go through each candidate and sometimes takes about six to ten months.

For difference

Plus500 offers a service for contracts for difference (CFD ) using a variety of financial instruments. The company was founded during the 2008 recession, when the investors are still several available, flexible, derivative financial instruments and looked around for difference as the preferred product turned out.

500Affiliates

500Affiliates is the official Portal of Plus500 serving the company in order to give new traders to the owners of websites and other Internet marketing companies. The program includes more than 70,000 registered partner companies that are active in 50 markets and 29 languages ​​are available worldwide. Many financial websites refer to this program as the most profitable affiliate program.

Adaptation to local specificities

The website and platforms are available in 31 different languages ​​on more than 30 different domains.

IPO

The company announced its IPO in the first week of July 2013, and its shares began trading on July 22, 2013 on the AIM market of the London Stock Exchange, where they zulegten up to 75 million U.S. dollars, representing a market capitalization of $ 200 million dollar equivalent.

Regulation

Plus500UK Ltd is regulated by the Financial Services Authority of Britain and is approved by them. The Australian business practices are regulated by the Australian Securities and Markets Authority.