2,000 securities and multiple asset classes. The company is headquartered in Israel and has subsidiaries in UK, Cyprus, Australia, Singapore alon gonen plus500 forex Bulgaria. 400,000 contributed by Gonen, the managing director of the company. The initial platform was based on a Windows OS.
In 2010, Plus500 launched a web based version of its online trading platform, allowing Mac, Linux and smartphone users to trade online. In 2012, Plus500 introduced its Android-based trading platform for Android smartphones and tablets. In 2014, the company launched its Windows app. 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. Most customers were able to access their funds within 2 months. The Australian and the Cyprus subsidiaries were not affected.
703 million bid from Playtech, an online gambling company that was expanding into trading. However, Playtech walked away from the deal in November 2015 after it failed to get regulatory approval for the takeover. In that same year, Plus500 released an app for Apple Watch to trade and view account details directly from Apple’s wearable. In November 2017, Plus500 added a set of alerting tools and indicators to its trading platform. Company, a subsidiary of News Corp. Plus500’s calendar includes a list of the most highly-affected instruments for each economic event. Plus500 is registered and located in Israel with offices in the UK, Cyprus, Australia and Singapore.