CFD Trading with Plus500 from Norway

Is Plus500 available in Norway?

First, many locals ask about the availability of Plus500 to clients residing in the country, and the answer is yes, Plus500 opens trading accounts to clients who live in Norway.

What is Plus500?

Plus500 is a CFD trading platform that allows customers to trade more than 2,500 different underlying global financial instruments, including equities, indices, commodities, options, ETFs, Forex, and cryptocurrencies.

Plus500 retains operating licences and is regulated in the UK, Australia, Cyprus, Israel, New Zealand, South Africa, Singapore and Seychelles. Plus500 shares are listed on the Main Market of the London Stock Exchange (symbol: PLUS) and are a constituent of the FTSE 250 index (Britain's preeminent shares index). According to the co's Financial Report issued at the end of the 2020, the platform had over 430k active traders.

CFDs on Norwegian Financial Assets offered by Plus500

• Forex: Plus500 offers trading of the EURNOK, CHFNOK, GBPNOK, USDNOK, DKKNOK, and SEKNOK pairs.

• Indices: CFD on the Norway 25 index.

• Stocks: CFDs on 12 shares that trade in the Oslo Stock Exchange like Equinor, Norsk Hydro, and Telenor, to name 3 of the most traded ones.

Also, you may select NOK as your base currency, which will display your portfolio and orders in it, yet trades fulfil in USD (and then the result, converted to NOK).

Other CFDs offered by Plus500

• Forex: +70 CFDs on currency pairs – Majors, minors, and exotics.

• Stocks: +1,500 CFDs on Stocks from 17 major Stock Exchanges.

• ETFs: 86 CFDs on ETFs from iShares, Vanguard, Invesco, VanEck, SPDR, ProShares, Direxion, among other asset managers.

• Commodities: CFDs on 22 commodities, including Gold and Oil, the most popular among traders.

• Indices: Plus500's offering on indices' CFDs divides into 27 CFDs on stock exchanges indices and four industrial indices (Cannabis, Real Estate, Crypto, and NYSE FANG+).

• Options: CFDs on 20 options (Underlyings: Commodities, Indices and 10 CFDs on Shares' Options).

• Cryptocurrencies: CFDs on eight coins and crypto pairs.

Is Plus500 a trustworthy broker?

A way to understand if a Broker is reliable is through the Public entities that regulate its operations. Plus500 is governed in the following jurisdictions:

• Plus500CY Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14).

• Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).

• Plus500AU Pty Ltd holds AFSL #417727 issued by ASIC, FSP No. 486026, issued by the FMA in New Zealand and Authorised Financial Services Provider #47546, issued by the FSCA in South Africa.

• Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039).

• Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore for dealing in capital markets products (License No. CMS100648-1).

Considering that stringent government bodies regulate and supervise Plus500, we can state with certainty that it is a reliable firm, given that it has to comply with heavy regulations.