Can I open a Trading Account with Plus500 in Belgium?
Let me guess: You've probably gone into Google and searched for "plus500 belgie" in the hope of a response to the question: "Is Plus500, the Trading Platform, available to residents in the country?" Bad news: Unfortunately, Plus500 does not open Trading Accounts to residents in Belgium.
The reason is that the government has passed legislation, due to be effected since 2016 to ban all leveraged OTC derivatives, all binary options, and the sales method by which they are distributed, considering them to be “highly risky”, often not connected to the real economy and demonstrating a disdain for high pressure sales.
This means that if you wish to invest online, you will need to find another option (i.e. investment asset class). An online investment platform that does accept clients from Belgium is Mintos (www.mintos.com), which allows you to invest in loans issued to individuals and companies.
What is Plus500?
In that case, Plus500 is an Online Broker from Israel, classified by many analysts as one of the top trading platforms available in the market. Plus500 is one of the brokers with the largest penetrations among traders, is one of the first online brokers, and one of the most diverse in it's CFD offering.