Latest news with #Plus500
Gulf Today
6 days ago
- Business
- Gulf Today
Explore UAE's most traded shares with Plus500: Emaar, Salik, DEWA & more Gulf Network
The United Arab Emirates continues to stand tall as a global business and financial powerhouse. With its striking skyline, anchored by landmarks like Emaar's Burj Khalifa, and advanced infrastructure—from road networks such as Salik to essential services delivered by DEWA—the UAE reflects a forward-looking, high-performing economy. In this dynamic landscape, investors worldwide are showing increasing interest in gaining exposure to top UAE-listed companies. One efficient way to tap into these opportunities is through Contracts for Difference (CFDs) on trading platforms like Plus500. Let's explore it: Start Trading Now Why Consider Trading UAE Shares? From real estate giants to public service providers, several UAE-based firms are among the region's most actively traded stocks. Plus500 enables retail and professional traders to access the price movements of these shares through CFDs—without requiring ownership of the actual asset. With just a few steps, users can open a Plus500 account and begin trading key local shares such as Emaar, Salik, and DEWA. Key Highlights: The UAE remains a vital hub for global trade, finance, and allow investors to speculate on both rising and falling prices without holding the underlying options enable increased exposure, but also amplify both profits and users can trade popular UAE-listed stocks on a regulated, easy-to-use platform. Open an Account Understanding CFDs Contracts for Difference are financial instruments that let traders speculate on the price movements of assets—ranging from individual stocks to commodities, forex pairs, indices, and even cryptocurrencies. CFDs are leveraged, meaning you can gain larger market exposure with a smaller upfront investment. However, it's essential to remember that leverage increases both potential gains and potential losses. Why Trade CFDs on Plus500? Plus500 is a globally regulated trading platform licensed by authorities such as the Dubai Financial Services Authority (DFSA) and the Securities and Commodities Authority (SCA) in the UAE. Features include: . A free and unlimited demo account for practice . Interactive and intuitive trading tools . A rich library of educational resources . The exclusive +Insights tool, which provides real-time data based on millions of trader positions—highlighting the most traded, bought, and sold instruments Trade with Plus500 Now UAE Shares Available on Plus500 Emaar Properties One of the largest real estate developers in the region, Emaar is listed on the Dubai Financial Market (DFM) under the ticker EMAAR. The company is known for iconic projects such as Downtown Dubai and the Dubai Mall. Salik Established in 2007, Salik operates Dubai's electronic toll collection system. It is listed on the DFM under the ticker SALIK and has quickly become one of the most watched transport-sector stocks in the UAE. DEWA (Dubai Electricity and Water Authority) Founded in 1992, DEWA is a key utility provider for Dubai, ensuring reliable electricity and water services across the emirate. The company's shares are traded under the DEWA symbol on the DFM. Trade Popular UAE Shares Now Final Thoughts With its vibrant economy and strong corporate fundamentals, the UAE offers compelling investment opportunities. Platforms like Plus500 make it easier than ever to trade the country's most influential companies through CFDs—offering flexibility, leverage, and access to real-time market data. Whether you're an experienced trader or just beginning your investment journey, trading UAE stocks like Emaar, Salik, and DEWA through Plus500 offers a streamlined way to participate in one of the region's most dynamic markets. Start exploring opportunities on Plus500 today. Trade Now
Reuters
23-06-2025
- Business
- Reuters
Online trading platform Plus500 gains approval to enter Canada's OTC market
June 23 (Reuters) - London-listed Plus500 (PLUSP.L), opens new tab said on Monday that it has received approval from the Canadian Investment Regulatory Organization that will allow the online trading platform to offer its services in the over-the-counter market. The company, which provides equity, commodity and options trading services and is active in more than 60 countries, has made investments in new products and expanded into global markets. In March, it bought Indian financial services company Mehta Equities for about $20 million. Plus500 said in April that it expects annual results to exceed market expectations, supported by increased trading activity amid global market volatility.
Yahoo
23-06-2025
- Business
- Yahoo
Online trading platform Plus500 gains approval to enter Canada's OTC market
(Reuters) -London-listed Plus500 said on Monday that it has received approval from the Canadian Investment Regulatory Organization that will allow the online trading platform to offer its services in the over-the-counter market. The company, which provides equity, commodity and options trading services and is active in more than 60 countries, has made investments in new products and expanded into global markets. In March, it bought Indian financial services company Mehta Equities for about $20 million. Plus500 said in April that it expects annual results to exceed market expectations, supported by increased trading activity amid global market volatility. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Finextra
07-05-2025
- Business
- Finextra
Saxo hires Michelle West as UK head of compliance
Saxo, the leader in online trading and investment, today announces the appointment of Michelle West as UK Head of Compliance. 0 In her role, Michelle will focus on further enhancing Saxo's risk and compliance functions, ensuring Saxo maintains the highest standards of operational integrity. Michelle brings significant expertise and a wealth of experience in compliance, having held several regulatory compliance roles over the past 30 years at the Bank of America, ABN AMRO, National Bank of Greece, Alpari UK Limited, Electronic Voice & Foreign Exchange Limited and Plus500UK Limited. Prior to joining Saxo, Michelle served as the Head of Compliance & Money Laundering Reporting Officer at Plus500UK Limited, where she co-spearheaded the development of effective compliance and anti-money laundering policies and procedures, systems and controls at the firm. Before this, Michelle was a regulatory consultant, working with some of the UK's top retail banks, foreign banks, hedge funds, corporate financiers, equity and forex brokers. Commenting on her new role, Michelle West said: "I'm excited to be joining Saxo at such a pivotal time for the business. In an evolving regulatory landscape, I look forward to working with the team to ensure that Saxo remains at the forefront of risk management and regulatory compliance." Andrew Bresler, CEO of Saxo UK, commented on her appointment: "We are delighted to welcome Michelle to the team, as we continue to deliver on our ambitious growth strategy in the UK, supporting UK investors to make the most of their money and savings. Michelle's appointment reinforces Saxo's commitment to safeguarding our clients' interests through strong operational foundations and effective risk management. Michelle's extensive experience and breadth of knowledge will be invaluable as we continue to develop and expand our UK operations.' Michelle's appointment follows that of Neil Wilson as UK Investor Strategist in April 2025. In his role, Neil will focus on providing market insight and commentary tailored for UK investors, further strengthening Saxo's commitment to delivering expert guidance to its client base. Last month, Saxo unveiled a new Flexible ISA, following a 591% surge in demand for its Stocks and Shares ISA during January and February 2025 compared to the same period last year. The launch comes as Saxo continues to see strong momentum across its business. A revamped pricing model has helped drive a 132% year-on-year increase in new trading clients globally in 2024. In the UK specifically, Saxo has reported notable growth among younger and more diverse investors: clients under the age of 25 now account for 15% of new sign-ups, up from 9% in 2023, while the proportion of new female clients has tripled year-on-year to reach 18%.
Daily Mail
28-04-2025
- Business
- Daily Mail
Plus500 lifts guidance as market volatility delivers 'excellent start'
Plus500 expects its annual results to surpass market forecasts following an 'excellent start' to the year. The stock trading paltform saw its earnings before nasties soar by 23 per cent from the fourth quarter of 2024 to $93.8million in the three months ending March. Turnover increased by 13 per cent to $205.9million, primarily driven by a $15.4million gain on customers' trading positions amid elevated financial market volatility. While the number of active customers shrank by 4 per cent to 130,514, their average deposits more than doubled to $12,450, spurred by Plus500's focus on attracting and holding onto higher-value traders. During this period, Plus500 also agreed to acquire financial services business Mehta for £20million in order to capitalise on the Indian retail trading market, the world's largest by volume. More than 150 billion futures contracts were traded in India last year, equivalent to over three-quarters of global transaction volumes, according to the Futures Industry Association. David Zruia, chief executive of Plus500, said: 'Plus500 has made a strong start to the year achieving strategic progress across several important pillars of growth.' He added that the Metha takeover would help 'deliver valuable synergies with our US futures business as we continue to establish our global futures offering. 'With the excellent start we have made in 2025, the board anticipates that the FY2025 results will be ahead of current market expectations.' Founded in 2008 in Israel, Plus500 specialises in selling derivatives called contracts for difference (CFD), which allow traders to speculate on the price of an asset, such as stocks or commodities, without owning the asset. The London-based company enjoyed enormous growth during the peak of the Covid-19 pandemic as heightened market uncertainty boosted day trading and amateur retail investing levels. It has since expanded into multiple markets, recently launching a subsidiary business in the United Arab Emirates after gaining a regulatory licence from the country's Securities and Commodities Authority. Analysts at Peel Hunt said: 'Plus500 continues to deliver strong results, whilst dealing with current market volatility effectively.' Plus500 shares fell 2.2 per cent to £29.82 on Monday morning, making them the FTSE 250 Index's worst performer, although they have still grown by around 38 per cent over the past year.
