Plus500 is an international financial firm that provides online trading services in contracts for more than 2,000 securities and differences in multiple asset classes (CFDs).  The company is headquartered in Israel and has subsidiaries in the UK, Cyprus, Australia, Singapore and Bulgaria. The Plus 500 is authorized and regulated by the Financial Conduct Authority (FCA),  Cyprus Securities and Exchange Commission (CySEC),  Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS, . 5] And the Israeli Securities Authority (ISA). It is listed on the London Stock Exchange with the ticker “PLUS”  and is a component of the FTSE 250 index.
The company was founded in 2008 by six alumni of the technology – Israel Institute of Technology: Gal Haber, Alon Gonnon, Elad Ben-Izhak, Shlomi Weisman, Omar Elzari and Simeon Sofar), with Gone contributing an initial investment of $ 400,000. Was. [ 2] The initial platform was based on a Windows OS. In 2010, the Plus 500 launched a web-based version of its online trading platform, allowing Mac and Linux users to trade online.  In 2011, they launched their first app for iPad and iPhone users.  In 2012, the Plus 500 introduced its Android-based trading platform for Android smartphones and tablets.  In October 2012, F500 was fined Rs.55,128 by the F500, as it had not accurately reported the transaction for a year and a half. The company was not able to produce complete and accurate transaction reports due to the absence of appropriate systems and controls, documented procedures or appropriate training for employees. (Chapter 17 of the FSA’s Supervision Manual and Principle 3 of the FCA’s Principles for Businesses). [FS]
In 2014, the company launched its Windows app. In May 2015, the Plus 500 was hit with a massive price loss, when its stock fell by nearly 60 per cent due to the company’s move to freeze UK-based merchant accounts. The UK Financial Conduct Authority ordered Plus-500UK (a UK subsidiary of Plus 500) to freeze accounts as part of a review into anti-money-laundering controls. Most customers were able to access their funds within 2 months. The Australian and Cyprus auxiliaries were not impressed. In June 2015, Plus 500 agreed to a US $ 703 million bid from Playtech, an online gambling company that was expanding the business. However, Playtech pulled out of the deal in November 2015, as it failed to obtain regulatory approval for the acquisition. In 2016, the company had a small number of companies granted trading arena licenses by the Israeli operational subsidiary, Plus 500 IL Israeli Security Authority (ISA). That same year, the Plus 500 released an app for the Apple Watch, to try and view business details directly from Apple’s wearable.  In early December 2017, Plus500SG Pte Ltd, a Singapore subsidiary of Plus500, was granted a Capital Market Services license by the Monetary Authority of Singapore (MAS) to deal with securities and leveraged foreign exchange trading.  In June 2018, the Plus 500 launched its economic calendar, covering major financial events and indicators around the world, provided by Dow Jones & Co., in a subsidiary of News Corp’s Plus 500 calendar The list of devices most affected is included. Every economic event.  In July 2018, plus 500 shares were listed on the main market of the London Stock Exchange
Plus 500 web merchant The Plus 500 trading app is supported in 32 languages including English, German, Greek, Italian, Spanish, French, Finnish, Danish, Swedish, Estonian, Russian, Romanian, Hebrew, Arabic and Traditional and Simplified Chinese. [1 been] It has been reported that 60% of transactions were done either by smartphone or tablet. In December 2017, European and UK watchdogs announced  details of planned restrictions on spreadbating and CFD sectors. Asaf Elimelech, CEO of Plus 500, said “the board believes the proposals are unlikely to adversely affect the material on the group’s business, thanks to its highly flexible business model”.
In February 2019, the Times reported that investors in the company’s 2017 annual report Plus 500 “did not generate net revenues or losses from P&L as of 2017, 2016 and 2015”, although in February 2019 the company A conflicting listing issue report stated that it incurred a $ 103 million loss from client trading activity in the 2017 fiscal year.