While a lot of other forex brokers, like iForex and XTrade, merely allow you to use them to trade financial instruments, Plus500 is itself a financial instrument. That is because Plus500 is actually a publicly traded company on the London Stock Exchange.
Many of those who use Plus500 to trade financial instruments might find it surprising that a service used to trade and invest can itself be invested in. This is not too worrying as there of long Plus500 London Stock Exchange history.
It is trades in the Alternative Investment Market (AIM) in the United Kingdom as PLUS. However, it should be noted that the company is based in Israel.
The company is regulated in the UK by the Financial Conduct Authority. It is regulated in Cyprus by the Cyprus Securities and Exchange Commission. It is also regulated in Australia by the Australian Securities and Investment Commission.
Plus500 London Stock Exchange History
The Plus500 London Stock Exchange performance has seen its ups and downs.
Plus500 Ltd. was founded in 2008. In 2013, it released its initial public offering on the AIM. When it started trading, the price of its accumulated shares rose to $75 million.
The year 2015 was a problematic year for the Plus500 London Stock Exchange performance. In May, after the company released a statement that it had to freeze the accounts of its clients in order to comply with anti-money laundering laws, its stock price plummeted 30%. This was caused by traders who were angry that they could not access the money in their account or perform trades.
Since then, one cannot really say that the stock has quite recovered. However, it is doing reasonably well. It is generally improving, and some financial analysts have given the recommendation to buy its stock.
Should you trade Plus500 stocks?
This is a tricky question and there is little chance it can be solved here. No one can know for sure whether trading Plus500 stocks is a sound investment.
Comparatively speaking, it sounds like a good enough choice. Juxtaposed with FXCM, which is traded on the New York Stock Exchange, Plus500 has a much better performing stock in terms of recent trends.
Again, some financial analysts have encouraged people to buy stock in Plus500. But then again, these financial analysts were not able to predict the steep dive its stock took back in May 2015.
However, as the website of any trading broker website will tell you, investments are not a sure thing, so you cannot prevent yourself from investing in something just because there is a chance its stock price will fall. This will render you unable to invest in anything.
In the end, it is best to be careful with your money. If you have the capital, maybe it does make sense to put a few shares if you can. After all, the stock has been doing well recently. However, just like with any investment, it is best to study it. Read up regularly to know whether a Plus500 London Stock Exchange investment will truly benefit you in the long run.