* Equity prices above are from alternative exchanges.
* Plus500 is compensated for its services through the bid/ask spread.
Use our risk management tools to manage your trading risk
As an authorised financial institution, Plus500UK Limited has a regulatory obligation to comply with the UK Money Laundering Regulations 2007 and other rules and guidance which requires us – amongst other things - to identify and verify our customers, the nature and purpose of the business relationship and source of funds.
Whilst we understand the inconvenience this will cause, we have no alternative but to place a restriction on your trading account until such time as we have been able to undertake a complete review of the documentation and information we hold currently on you.
Until the review has been satisfactorily carried out, you will be unable to open any new trades on your account, deposit or withdraw funds. If you have any open trades you will, however, still be able to freely service your existing positions with additional Maintenance Margin, although again, will not be able to withdraw funds until the review is complete.
If, during the review of your account, you are required to provide additional proof of address documents, please make sure you follow these guidelines:
The proof of address document must be issued by one of the following: a financial institution, a utility company, a government agency or a judicial authority. Examples include:
(** Please note that a mobile (cellular) bill cannot be accepted.)
The document must:
We assure you that, as soon as the review is successfully complete, you will be able to re-commence trading activities, including depositing and/or withdrawing funds.
We value you as a customer and sincerely apologise for any inconvenience caused. Thank you for your patience.
The Plus500 Team
Plus500UK Limited is currently unable to offer you a trading account.
If you would like to open an account, you may be able to do so with Plus500CY Limited, which is regulated by the Cyprus Securities and Exchange Commission - Register Number: 250/14. A link to the website of Plus500 CY Limited is below.
Plus500CY Limited website - http://www.plus500.com/
Please note that the UK regulatory protections under the Financial Services and Markets Act 2000 (including access to the UK’s Financial Ombudsman Service and the UK’s Financial Services Compensation Scheme) do not apply to customers of Plus500CY Limited. If you become a customer of Plus500CY Limited you may receive less and/or different protections than you would when dealing with Plus500UK Limited. Further details are available upon request.
CFDs are a leveraged product and can result in the loss of your entire deposit. Trading CFDs may not be suitable for you. Please ensure you fully understand the risks involved.