Traders Union team checked Plus500 office in Cyprus
We checked the office of the Plus500 brokerage company in Cyprus, which is located at the following address according to the information on the company’s website:
169-171 Arch. Makarios III Avenue, Cedars Oasis Tower, Floor 1, 3027, Limassol, Cyprus
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The company is located at the stated address
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We were able to speak to a company representative
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We were able to visit the office as clients
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Video of the company’s office
Cyprus is one of the most popular jurisdictions for Forex companies. The country has a long history of being a financial center and a tax haven, with many brokers choosing to operate here. Cyprus is also a member of the European Union, which means that the license issued by the Cyprus Securities and Exchange Commission (CySEC) opens wide opportunities for companies in the EU market.
Our goal is to help traders and potential clients understand the operation of brokers and make informed decisions. We perform thorough inspections of offices, ask employees questions in order to provide unbiased information to our users.
Brief dossier of Plus500
| Foundation date | 2008 |
| Headquarters | Plus500UK Ltd, 8 Angel Court, Copthall Avenue, London, EC2R 7HJ, United Kingdom |
| Regulation |
FCA, CySEC, MAS, ASIC, FMA, FSA (Seychelles) Licence number: 509909, 250/14, CMS100648-1, 417727, 486026, SD039 |
| Official site | plus500.com |
A visit to the office of Plus500 in Cyprus
Blinov Vasily, our associate, visited the office of Plus500 located at the following address: 169-171 Arch. Makarios III Avenue, Cedars Oasis Tower, Floor 1, 3027, Limassol, Cyprus to conduct a thorough inspection and prepare a video report. Blinov Vasily is an experienced professional with extensive knowledge of the Forex market and methods of research.
The Plus 500 office is located in a modern 16-storey building in the center of Limassol. This is the famous business center Cedars Oasis, which is located on Makarios III Avenue, the highway that connects the city center with the waterfront and historical sites. The complex is a multifunctional building with elite office, retail and residential real estate. There are three levels of underground parking, two shopping floors with shops and boutiques, 6 floors of offices. Plus 500 occupies office #101.
Plus500 Office
A video report of the visit to the broker’s office
Our goal is to provide clients with full and impartial information about operation of the brokerage company, and we are sharing the results of its inspection in the format of a video report.
Plus500 Office
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Best alternatives for Plus500
| Ranking position |
Overall Score |
Broker | Next Step |
|---|---|---|---|
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1
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Score
5.7
/10
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2
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Score
5.28
/10
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3
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Score
6.68
/10
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Team that worked on the article
Rinat Gismatullin is an entrepreneur and a business expert with 9 years of experience in trading. He focuses on long-term investing, but also uses intraday trading. He is a private consultant on investing in digital assets and personal finance. Rinat holds two degrees in Economy and Linguistics.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).