You may have heard of Plus500, which is one of the most famous CFD trading platforms in the world. Do you need proof that they are serious and reliable? Well, the company is listed on the London Stock Exchange (Symbol: PLUS), it couldn't get more serious than that.
But you were asking if it opens accounts to local residents and the answer is no, Plus500 does not accept local traders. Why? Because the company isn't regulated locally and they won't accept the liability. However, if you still need a trading account, you may want to check the following alternative that does open accounts in Liechtenstein.
CAN I OPEN A TRADING ACCOUNT WITH PLUS500 IN LIECHTENSTEIN?
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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.
When compared to other CFD Brokers, AvaTrade stands out due to its ultra-low spreads and powerful trading platforms.
¿Concerned about who's regulating them? With licenses in the EU, BVI, Australia, Japan, South Africa, and UAE, Avatrade is by far one of the most heavily regulated Brokers available in the market.
Offering a wide range of CFDs on Shares, Forex, Indices, Commodities, Crypto, and even Bonds, it is one of the most complete Brokers in terms of instrument offering. Its platform offers are remarkable, giving Traders the chance to operate on several Trading environments, MT4, MT5, and their internally developed ones, AvaTradeGo and AvaOptions.
The last one, AvaOptions, deserves a special remark. If you have passed the beginner's line in terms of trading knowledge, you are probably using options to hedge your strategy. Well, AvaOptions is one of the best Options Trading platforms available. It is truly remarkable, offering great risk management features that are easily viewable and automatic, making Options trading as accessible as it can get.
Opening a Trading Account with Avatrade is straightforward, you just need to upload a valid ID and a Utility bill through their App and in a few days, you are ready to go. Go ahead and check out this broker, you won't regret it.