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Plus500 South Africa Review
Plus500 South Africa is a trading company providing online trading services to retail customers. The company was founded in 2008 and provides trading in CFDs on a range of financial services. The company’s main operations are based in Israel, with regulated entities in the UK, Cyprus and Australia, and additional operations in Bulgaria. Shares of the parent company, Plus500 Ltd, are listed on the Alternative Investment Market of the London Stock Exchange.
Plus500 South Africa Regulation
However Plus500 South Africa is not regulated in Deutschland but its regulated in UK and other countries below:
- Plus500AU Pty Ltd is authorised to provide its services by the FMA in New Zealand (FSP No. 486026) and the FSB in South Africa (#47546).
- Plus500 Ltd licences their CFD Trading Platform as the Plus500 brand. Plus500 Ltd operates its CFD business through its subsidiaries: Plus500UK Ltd. which is authorised and regulated by the Financial Conduct Authority (FCA), FRN 509909;
- Plus500AU Pty Ltd AFSL #417727 issued by the Australian Securities and Investments Commission, (ASIC)
- Plus500CY Ltd which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) SEC registration number 250/14 and Plus500IL Ltd. which is authorised and regulated by the Israel Securities Authority.
Plus500 South Africa Review Conclusion
However the Plus500.com South Africa Forex broker is regulated but invest the amount you can afford to lose it as online trading contains risk of losing your money.
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