Plus500 is a leading CFD provider who offers access to share trading, cryptocurrencies, ETFs, forex, commodities, options, and indices. These financial products are issued and sold by Plus500CY Ltd., a company based in Cyprus, which is regulated and licensed by the Cyprus Securities and Exchange Commission (CySEC).
At the moment, the rapidly growing exchange has a portfolio of over 2000 financial instruments. Is Dogecoin among them? Read on to find out.
Segregated Funds
When you open an account, Plus500 will hold your funds separately from everyone else’s. This complies with the guidelines of CySEC on client funds. Plus500 offers top notch security and is one of the top rated CFD trading apps online, including on Google Play and Apple’s App Store. It has a large number of advanced features, making it powerful, yet user friendly at the same time.
Objectives and Goals
The exchange’s strategy is to build a strong foundation, from which it can grow and flourish further. Their strategic objectives and goals have always set them apart from the competition. According to insiders, this can be crucial to the platform’s future success. The exchange places a focus on retaining active users and acquiring new ones. New customer growth is very important to them and their marketing has and always will be the driving force behind this.
So, have they jumped the DOGE bandwagon?
On March 12 of this year, Plus500 tweeted, “The instrument Dogecoin has been transferred as a suggestion to our Trading Department. We are adding new instruments all the time according to our clients’ suggestions.” A comment followed this up a few days later, clearly from a disappointed user. It was something along the lines of “clients’ suggestions not accepted.” To date, Plus500 has not listed dogecoin. They market popular cryptocurrencies with leverage, such as Ethereum, Bitcoin, Litecoin, NEO, Stellar, Bitcoin Cash, IOTA, Cardano, and EOS.
Warning: 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
