Plus500 is a global fintech firm providing online trading services in contracts for difference, share dealing, futures trading and options on futures.
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18 Facts About Plus500
2.
Plus500 has subsidiaries in the UK, Cyprus, Australia, Israel, Seychelles, Singapore, Bulgaria, Estonia, the United States and Japan.
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3.
In 2010, Plus500 launched a web based version of its online trading platform, allowing Mac and Linux users to trade online.
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4.
In 2012, Plus500 introduced its Android-based trading platform for Android smartphones and tablets.
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5.
Plus500 was not able to submit complete and accurate transaction reports because of the absence of appropriate systems and controls, documented procedures, or appropriate training for staff.
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6.
In May 2015, Plus500 was hit with massive value loss when its stock plunged almost 60 percent due to the company's move to freeze UK based trader accounts.
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7.
In June 2015, Plus500 agreed to a US$703 million bid from Playtech, an online gambling company that was expanding into trading.
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8.
In that same year, Plus500 released an app for Apple Watch to trade and view account details directly from Apple's wearable.
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9.
Plus500's calendar includes a list of the most highly-affected instruments for each economic event.
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10.
In July 2018, shares of Plus500 were listed in the main market of the London Stock Exchange and the company joined the UK FTSE 250 index of leading mid-cap listed companies.
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11.
In October 2021, a class action was filed against the Israeli subsidiary of Plus500 claiming that the company paused the trading of certain options for 90 minutes, with the aim of preventing Plus500 from incurring losses, violating the Securities Law.
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12.
In March 2022, Plus500 acquired the Japanese company, EZ Invest Securities - which specialises in the trading of securities and derivatives.
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13.
In June 2022, Plus500 launched an advertising campaign featuring the Emmy and Golden Globe winning actor Kiefer Sutherland in the United Kingdom, Italy, the Netherlands, Germany, and Australia.
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14.
In September 2022, Plus500 continued to expand its global footprint by launching TradeSniper, a pioneering Futures trading app tailored for retail U S customers.
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15.
Since the company's inception, Plus500 has utilized proprietary, internally developed technologies.
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16.
Later that year, Plus500 became the club's main sponsor and kept that title for the next 7 years until June 2022.
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17.
In December 2016, Plus500 became the major sponsor of the Brumbies, an Australian professional rugby union football team.
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18.
Later, in 2020, Plus500 signed sponsorship agreements with three major football clubs: Swiss Super League champions Young Boys, Poland's champions Legia Warsaw, and Serie A club Atalanta.
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