Plus500 Announces Plans For $50m R&D Centre In Tel Aviv - gonsalezfachather

One of the most recognisable names in the CFD industry, Plus500, has grown plans. Every bit part of a trine-year strategy to enhance its R&D capabilities, the broker leave invest $50m into a technology hub in Tel Aviv. The aim is to boost the trading know of its global node base.

R&D Center

Following respective years of disruptors entering the retail trading commercialise, Plus500 is acutely aware of the need to introduce. Its R&D centre will bring home the bacon customers with unused capabilities, stylish tools and the latest platform features.

Specifically, the brokerage plans to bolster its custom platform with better lay on the line management, defrayment substructure and gage-office operations.

Already available connected the platform is a live news flow, instant and pending orders and a host of drawing tools. Users hindquarters also configure existent-time alerts via email and SMS and build their own watch lists.

The news comes after an excellent year for the online broker with a sextuple increase in profits in Q1 of 2020, involuntary by increased make volatility resulting from orbicular lockdowns. In addition, its Q3 EBIDTA jumped to 91% year-connected-year to $134.2 million and its platform attracted hundreds of thousands of new clients.

Wherefore Tel Aviv?

Tel Aviv was an obvious draw, with 6,000 startups and a technology-enabled economy. Big names like Google, Apple and Microsoft already have constituted bases in the City.

Plus500 has taken a step in the right direction, realising that financial technology firms can no longer remain stationary – traders are constantly looking bigger and improve features that arse inform trading decisions.

Just about Plus500

Plus500 is active in 50+ countries shadowing its 2008 launching. Over 2,000 instruments are offered, from stocks and shares to forex, cryptos like Bitcoin and commodities such as Au and silver. Leverage rates climb to 1:30 depending connected regulation, while 24/7 support is acquirable and minimum deposits start from $100.

PLus500 trading platform — Plus500 movable (illustrative prices only)

The agent's bespoke platform promises a crisp layout with 100 indicators and timeframes. A free-of-charge mobile app is also available for iOS and Mechanical man devices.

Already delivering an excellent drug user experience, the company's latest investment in its R&D hub is for certain to continue enhancing the trading environs.