/*! * * This library has been modified! This function has been changed: mouseProto._mouseInit * * Original Version: * * mouseProto._mouseInit = function () { * * var self = this; * * // Delegate the touch handlers to the widget's element * self.element.bind({ * touchstart: $.proxy(self, '_touchStart'), * touchmove: $.proxy(self, '_touchMove'), * touchend: $.proxy(self, '_touchEnd') * }); * * // Call the original $.ui.mouse init method * _mouseInit.call(self); * }; * * * New Version: * * mouseProto._mouseInit = function () { * * var self = this; * * // Delegate the touch handlers to the widget's element * self.element * .bind('taphold', $.proxy(self, '_touchStart')) // IMPORTANT!MOD FOR TAPHOLD TO START SORTABLE * .bind('touchmove', $.proxy(self, '_touchMove')) * .bind('touchend', $.proxy(self, '_touchEnd')); * * // Call the original $.ui.mouse init method * _mouseInit.call(self); * }; * * Why? * * The original version mapped any tap start to a click. This means that you weren't able to scroll through * the sortable on a mobile device, as every attempt to scroll was intercepted as a click. * * jQuery UI Touch Punch 0.2.3 * * Copyright 2011–2014, Dave Furfero * Dual licensed under the MIT or GPL Version 2 licenses. * * Depends: * jquery.ui.widget.js * jquery.ui.mouse.js */ (function ($) { // Detect touch support $.support.touch = 'ontouchend' in document; // Ignore browsers without touch support if (!$.support.touch) { return; } var mouseProto = $.ui.mouse.prototype, _mouseInit = mouseProto._mouseInit, _mouseDestroy = mouseProto._mouseDestroy, touchHandled; /** * Simulate a mouse event based on a corresponding touch event * @param {Object} event A touch event * @param {String} simulatedType The corresponding mouse event */ function simulateMouseEvent (event, simulatedType) { // Ignore multi-touch events if (event.originalEvent.touches.length > 1) { return; } event.preventDefault(); var touch = event.originalEvent.changedTouches[0], simulatedEvent = document.createEvent('MouseEvents'); // Initialize the simulated mouse event using the touch event's coordinates simulatedEvent.initMouseEvent( simulatedType, // type true, // bubbles true, // cancelable window, // view 1, // detail touch.screenX, // screenX touch.screenY, // screenY touch.clientX, // clientX touch.clientY, // clientY false, // ctrlKey false, // altKey false, // shiftKey false, // metaKey 0, // button null // relatedTarget ); // Dispatch the simulated event to the target element event.target.dispatchEvent(simulatedEvent); } /** * Handle the jQuery UI widget's touchstart events * @param {Object} event The widget element's touchstart event */ mouseProto._touchStart = function (event) { var self = this; // Ignore the event if another widget is already being handled if (touchHandled || !self._mouseCapture(event.originalEvent.changedTouches[0])) { return; } // Set the flag to prevent other widgets from inheriting the touch event touchHandled = true; // Track movement to determine if interaction was a click self._touchMoved = false; // Simulate the mouseover event simulateMouseEvent(event, 'mouseover'); // Simulate the mousemove event simulateMouseEvent(event, 'mousemove'); // Simulate the mousedown event simulateMouseEvent(event, 'mousedown'); }; /** * Handle the jQuery UI widget's touchmove events * @param {Object} event The document's touchmove event */ mouseProto._touchMove = function (event) { // Ignore event if not handled if (!touchHandled) { return; } // Interaction was not a click this._touchMoved = true; // Simulate the mousemove event simulateMouseEvent(event, 'mousemove'); }; /** * Handle the jQuery UI widget's touchend events * @param {Object} event The document's touchend event */ mouseProto._touchEnd = function (event) { // Ignore event if not handled if (!touchHandled) { return; } // Simulate the mouseup event simulateMouseEvent(event, 'mouseup'); // Simulate the mouseout event simulateMouseEvent(event, 'mouseout'); // If the touch interaction did not move, it should trigger a click if (!this._touchMoved) { // Simulate the click event simulateMouseEvent(event, 'click'); } // Unset the flag to allow other widgets to inherit the touch event touchHandled = false; }; /** * A duck punch of the $.ui.mouse _mouseInit method to support touch events. * This method extends the widget with bound touch event handlers that * translate touch events to mouse events and pass them to the widget's * original mouse event handling methods. */ mouseProto._mouseInit = function () { var self = this; // Delegate the touch handlers to the widget's element self.element .bind('taphold', $.proxy(self, '_touchStart')) // IMPORTANT!MOD FOR TAPHOLD TO START SORTABLE .bind('touchmove', $.proxy(self, '_touchMove')) .bind('touchend', $.proxy(self, '_touchEnd')); // Call the original $.ui.mouse init method _mouseInit.call(self); }; /** * Remove the touch event handlers */ mouseProto._mouseDestroy = function () { var self = this; // Delegate the touch handlers to the widget's element self.element.unbind({ touchstart: $.proxy(self, '_touchStart'), touchmove: $.proxy(self, '_touchMove'), touchend: $.proxy(self, '_touchEnd') }); // Call the original $.ui.mouse destroy method _mouseDestroy.call(self); }; })(jQuery); Plus500 Trading Platform Review: Features, Pricing, and How to Get Started in the UAE - CYEHIS EVENTS

Plus500 Trading Platform Review: Features, Pricing, and How to Get Started in the UAE

Practical Guide to the Plus500 Trading Platform for UAE Traders

What Is the Plus500 Trading Platform?

The Plus500 trading platform is a web‑based and mobile solution that allows individuals and institutions to trade contracts for difference (CFDs) across a wide range of asset classes, including stocks, commodities, forex, cryptocurrencies, and indices. Built on a proprietary engine, the platform offers real‑time price streaming, instant execution, and a transparent fee structure that is attractive to both novice and experienced traders.

In the United Arab Emirates, Plus500 is regulated by the Dubai Financial Services Authority (DFSA) and the Abu Dhabi Global Market (ADGM), ensuring that the service meets local compliance standards. This regulatory oversight gives UAE users confidence that their funds are protected and that the platform operates under strict governance rules.

Who Should Consider Using Plus500 in the UAE?

Plus500 is best suited for traders who want a single interface to access multiple markets without the complexity of dealing with several brokers. Whether you are a part‑time professional looking to diversify a portfolio, a full‑time day trader focusing on short‑term price movements, or an investor seeking exposure to international equities, the platform’s flexibility can accommodate those business needs.

Because the platform offers a demo mode with virtual funds, it also appeals to beginners who need a risk‑free environment to learn about CFD trading before committing real capital. However, individuals should have a basic understanding of margin, leverage, and the risks associated with leveraged products.

Core Features and How They Work

Dashboard and Charting Tools

The main dashboard presents a clean layout with real‑time quotes, a customizable watchlist, and a single‑click “Buy”/“Sell” interface. Integrated charting provides multiple time‑frames, over 100 technical indicators, and drawing tools that help traders analyze price trends without leaving the platform.

Users can switch between a light and dark theme, adjust the layout of widgets, and set up alerts that trigger via email or push notification. This level of personalization supports efficient workflow and reduces the time spent navigating between screens.

Order Types and Automation

Beyond simple market orders, Plus500 supports limit, stop‑loss, and trailing stop orders, giving traders precise control over entry and exit points. These order types are essential for managing risk, especially in volatile markets such as cryptocurrency or oil.

Automation is facilitated through the platform’s built‑in “Auto‑Close” feature, which can close positions automatically when a specified profit or loss threshold is reached. While the platform does not offer full algorithmic trading, the available automation meets the needs of most retail traders.

Benefits of Trading with Plus500

One of the strongest benefits is the all‑in‑one nature of the service: a single account grants access to more than 2,000 instruments across different asset classes. This eliminates the need for multiple broker relationships and streamlines account management.

Another advantage is the transparent pricing model. Plus500 does not charge commissions; instead, it incorporates costs into the spread, which is clearly displayed before each trade. This simplicity helps traders calculate expected expenses without hidden fees.

Pricing, Fees, and Cost Considerations

Understanding the fee structure is crucial for budgeting your trading activity. While there are no explicit commissions, the platform applies spreads that vary by instrument, and overnight financing charges apply to positions held beyond the trading day.

The table below summarises the typical cost components for a standard retail account in the UAE:

Cost Component How It Is Applied Typical Range (UAE)
Spread Embedded in the buy/sell price 0.1 % – 0.8 % of trade value
Overnight Financing Daily interest on leveraged positions 0.015 % – 0.03 % per night
Inactivity Fee Charged after 12 months of no login USD 10 per month
Currency Conversion Applied when trading assets not in AED 0.1 % of converted amount

Traders should also consider the minimum deposit requirement, which varies between USD 100 and USD 500 depending on the account tier. For most UAE residents, a USD 200 deposit is sufficient to start trading a diversified set of CFDs.

Setting Up Your Account – Step‑by‑Step Guide

Getting started with Plus500 is straightforward. Follow these steps to complete the onboarding process and begin trading:

  1. Visit the official Plus500 website and click “Sign Up”.
  2. Enter your email address, create a secure password, and confirm your identity through the verification link.
  3. Complete the KYC (Know Your Customer) form by uploading a valid UAE passport or Emirates ID and a proof‑of‑address document.
  4. Choose the account currency (AED is recommended for local traders) and set your preferred leverage level.
  5. Deposit funds using a bank transfer, credit/debit card, or supported e‑wallet.
  6. Enable two‑factor authentication for added security, then explore the demo mode before moving to live trading.

After the account is funded, you can customize the dashboard, add instruments to your watchlist, and place your first trade using the “Buy” button.

Security, Reliability, and Regulatory Compliance

Security is a top priority for Plus500. The platform employs SSL encryption for data transmission, stores client funds in segregated accounts, and undergoes regular third‑party security audits. Two‑factor authentication (2FA) is optional but strongly recommended for all users.

Reliability is supported by a high‑availability infrastructure that provides 99.9 % uptime, ensuring that price feeds and order execution remain stable even during market spikes. The DFSA and ADGM licences confirm that the platform adheres to strict anti‑money‑laundering (AML) and know‑your‑customer (KYC) policies.

Support Options and Customer Service

Plus500 offers multilingual support, including Arabic and English, through live chat, email, and telephone channels. The support team operates 24/5, aligning with the business days of the UAE, and provides assistance with account verification, technical issues, and trade inquiries.

In addition to direct support, the platform hosts a comprehensive knowledge base featuring video tutorials, FAQs, and step‑by‑step guides that help users resolve common questions without contacting a representative.

Common Use Cases and Real‑World Scenarios

Retail investors often use Plus500 to gain exposure to international equities such as Apple or Tesla without opening a foreign brokerage account. By trading CFDs, they can benefit from leverage while keeping the capital requirement lower than buying the underlying shares outright.

Forex traders in the UAE appreciate the platform’s tight spreads on major currency pairs and the ability to set automated stop‑loss orders to protect against rapid market movements. Similarly, commodity enthusiasts use the platform to trade oil and gold CFDs, aligning their positions with regional economic trends.

Whether you are exploring new markets, diversifying an existing portfolio, or seeking a reliable tool for day‑trading, the Plus500 trading platform provides a balanced mix of features, security, and cost transparency. For a deeper dive into the platform’s capabilities and the latest promotions, read more.

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