To open a Plus500 online trading account:
First, you’ll need to provide the following on the main platform screen or from the app’s menu: your name, contact details, 100 points of ID, details of your chosen deposit method
Next, submit your details. You can also choose to open a demo account during your registration process by simply selecting “Demo Mode” in the “Select Account Mode” window.
CFDs have risen to popularity because they provide a cheap way to participate in the global financial market and generally don’t incur exchange fees or stamp duty. Many inefficiencies in traditional trading such as costs and delays of physical delivery of shares and custody charges are avoided. Best of all, you can trade using leverage on margin! Since Plus500 NZ is a regulated firm, you’re guaranteed to trade on a reliable platform as well.
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