Online brokers allow traders who open an account with them to trade various assets. Each company offers a combination of different assets. Contracts for Difference (CFD) Trading allow the trader to benefit from the ups and downs in the price of stocks, commodities, forex, indices, and ETFs without purchasing the underlying asset. They can actually profit from the difference between the opening and closing price of a position opened on a CFD instrument.
Plus500 shares of stocks
Plus500 shares, forex, commodities, indices and ETFs are all financial instruments that can be traded through Contracts for Difference. Shared trading using Contracts for Difference allows the traders to invest in the expectation of whether the price of the share will rise or fall, and they do not actually buy the actual asset.
More than its competitors like FXCM, Xtrade, and iforex, Plus500 offers a considerable number of tradable CFD assets from more than 20 countries such as Germany, USA, France, and the UK. Plus500 shares of stocks are classified per country, which makes it easier for a trader who wants to focus on a particular region. This categorization also makes it simpler for traders to zero in on what Plus500 shares are offered per world region. Plus500 CFDs allows clients to trade some of the world’s most actively traded shares, stocks or equity such as BMW, Vodafone, Google, etc.
Plus500 commodities and indices
Commodities such as crude oil, gold, silver, wheat and others are also available to trade, as well as movements of all the major indices of the world such as S & P 500, Nikkei 225, AEX 25, and the FTSE 100. Plus500 recently added Options CFDs. With this, traders can call or put options on major world indices.
Plus500 forex and ETFs
Aside from Plus500 shares, commodities, and indices, account holders can also trade forex, from the major currency pairs to less liquid currencies. There are around 50 currency pairs to trade with. All major currency pairs are available to trade, as well as exotic pairs and less liquid currencies. They will allow the Plus500 clients to take advantage of macroeconomic events in lesser-known but equally competitive international markets. 50 pairs is not as much as competitor iforex, which offers up to 90 currency pairs, but Plus500 offers various advanced trading tools.
Xtrade on the other hand also offers trading in virtual Bitcoins while FXCM offers trading in the Treasury Euro-Bund, defined as long-term debt issues by the German federal government. Plus500 doesn’t offer trading in Treasury and Bitcoins at the moment.
Account holders can trade a number of Exchange-Traded Funds (ETFs), such as FXE, which tracks the Euro. It is believed that the Euro is an effective hedge against the US dollar. Traders can also trade with the GDX ETF, which invests in companies that are involved in gold and silver mining.
Plus500 offers more than 200 CFDs on all these tradable assets mentioned above. This range consistently earns this broker top marks in reviews. The variety of options allows the trader to choose a trade that they are most comfortable with.