CAN I OPEN A TRADING ACCOUNT WITH PLUS500 IN GRENADA?

Plus500 is the main Forex and CFD Trading Platform in the UK. Unfortunately, Plus500 does not open trading accounts to clients residing in Grenada. However, do not be disappointed, we have completed the research for you and found the best option for local residents.

Plus500 is not available in Grenada
XM

XM: THE BEST ALTERNATIVE TO PLUS500 AVAILABLE IN GRENADA

If your investments are in East Caribbean Dollars and you are looking to invest in a different currency, say in Dollars or Euros, you might want to try XM. XM is a Forex and CFD broker that provides a large number of Forex pairs and CFDs on international financial instruments like stocks, indexes, metals and energy. These instruments are available through MetaTrader 4 and 5, two of the most popular Trading Platforms globally. XM has more than 2.5 million accounts from clients all over the world and is aimed at both beginners and professional investors. A cool thing about XM is that it offers a USD 30 bonus for new accounts [The bonus doesn't require you to deposit money in advance]. So, go ahead, claim the bonus, and try XM, it is indeed a great alternative to Plus500 for local clients. By the way, opening a Trading account with XM from Grenada is quite easy, you just need to upload an ID (Passport) and a Utility bill through XM's App.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.55% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.