Plus500 is a trading application for Android mobile devices. This British utility offers users from several European and Asian countries an easy way to buy and sell stocks using the CFD system.
Users of this utility are able to trade various assets. The list includes stocks, Forex, indices, commodities, exchange traded funds and options. A modern touch is the possibility to buy and sell cryptocurrencies. By the way, you can also check another specialized application to invest in Bitcoin or Etherium called Shakepay.
The service is British based but works in several other countries. Among them, there is Cyprus, Israel, Bulgaria, Singapore and Australia. The company has subsidiaries in each of those countries.
Plus500 uses the CFD system which stands for contract for difference. It is a very popular financial instrument for short term trading. Conveniently, the service charges no commission. You can play on the difference in the exchange rates of various currencies as well as gold, silver, oil and other commodities.
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