Plus500 USA

The short and simple answer on whether Plus500 accepts traders from the USA (The United States of America) is NO. So if you are based in the USA, you have to find a different trading platform for your trading.

Why is Plus500 not available in the USA?

Plus500 is not available in the USA because it does not have the necessary licenses to operate in this jurisdiction. For Plus500 to be available in the US, it would have to be registered as Retail Foreign Exchange Dealer (RFED) by the financial regulatory body, the Commodity Futures Trading Commission (CFTC) and also it would have to be regulated by the National Futures Association (NFA) as a Futures Commission Merchant (FCM).

Unfortunately, Plus500 is not registered as RFED nor regulated by the NFA and therefore, it cannot accept traders from the USA.

Can I use Plus500 in the US?

No, you cannot use Plus500 if you are based in the US because the broker does not accept traders from this jurisdiction. Plus500 knows where you come from based on your IP address and even if you would try to fool Plus500 by using VPN, you could not trade with them as you would be asked to verify your account with your ID.

Are there any good alternatives to Plus500?

Luckily, yes, while in the US does not operate as many brokers as in Europe, Asia or Australia (because it’s very costly and hard to obtain the US licences), there are a couple of solid brokers that are regulated in the US.

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