You may have heard of Plus500, which is one of the most famous CFD trading platforms in the world. Do you need a proof that they are serious and reliable? Well, the company is listed at 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 yes, Plus500 opens accounts to clients residing in Malaysia.
PLUS500 FOR MALAYSIAN RESIDENTS: #1 CFD TRADING PLATFORM IN THE UK
Plus500 has been classified by many analysts as one of the top CFD trading platforms available, as per their own Annual Statement, it is the number one CFD provider in both the UK and Germany in terms of number of Traders. Plus500 allows access to international markets trading first through a Free Simulator of its Multi Awarded Trading Platform and then, through a simplified account opening process: They will ask you to upload your ID (Passport or MyKad) and a Proof of Residence. Plus500's trading platform, called Webtrader, offers CFDs on Stocks, Indices, ETFs, Commodities, Forex and Cryptocurrencies. Definitely worth trying it. Plus500AU Pty Ltd (ACN 153301681) is licensed by: ASIC in Australia, AFSL #417727, FMA in New Zealand, FSP #486026; Authorised Financial Services Provider in South Africa, FSP #47546. You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% 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.