Plus500 Bolsters Its Footprint In The US With FIA Membership

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James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.
Updated

Plus500, a leading multi-asset broker, has joined the Futures Industry Association (FIA) in the US.

Key Takeaways

  • Plus500 is now a member of the foremost international trade association dedicated to futures, options and centrally cleared derivatives markets.
  • The FIA comprises members such as exchanges, clearing houses, trading firms, and specialists in commodities.
  • Plus500 entered the US market in 2021 after acquiring Cunningham Commodities LLC.

Plus500 Strengthens B2C and B2B Offerings

In the retail sector, Plus500 has introduced its ‘Plus500 Futures’ platform, designed for investors interested in trading US futures.

This follows the company’s collaboration with popular basketball team, the Chicago Bulls, as part of its efforts to enhance brand recognition.

Additionally, Plus500 is a well-regarded provider of B2B market infrastructure services for institutional clients within the US futures market.

Plus500 joins US futures industry

Plus500 CEO, David Zruia, commented on the news: “Our membership of this highly respected, leading global organisation represents another milestone for Plus500 as we harness our differentiated technological capabilities to seize the compelling growth opportunities in the US futures market.”

About Plus500

Plus500 is an established broker with over 25 million clients worldwide. The broker is registered with trusted regulators, including the CFTC and NFA in the US, the FCA in the UK, and the CySEC in Europe.

Investors can speculate on popular financial markets on the Plus500 platform and app, including forex, commodities, indices, and cryptos.

New traders can open an account in 10 minutes with an accessible $100 minimum deposit.

Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC.
82% of retail CFD accounts lose money.