London-listed online brokerage Plus500 said it has entered the Japanese market through the acquisition of EZ Invest Securities, the company announced.
Plus500 said the company’s entry into retail trading in Japan “represents a major growth opportunity”. Financial terms were not disclosed.
EZ Invest is licensed as a Type 1 Financial Instruments Business Operator, regulated by Japan’s Financial Services Agency (FSA). It is a member organisation of the Japan Securities Dealers Association and the Financial Futures Association of Japan.
Plus500 offers trading products, including contracts for difference (CFDs) and share dealing, as well as futures and options on futures.
The group is licensed to operate in Australia, New Zealand and Singapore as well as the UK, Cyprus, Israel, South Africa, the US, Estonia and the Seychelles.
Through its CFDs portfolio, it offers more than 2,500 different underlying global financial instruments, comprising equities, indices, commodities, options, ETFs, foreign exchange and cryptocurrencies.
While it does not offer CFDs to US customers, in 2021, the company acquired Cunningham Commodities and Cunningham Trading Systems, both of which operate in the futures and options on futures market in the US.
- George Russell