{
  "schemaVersion": 1,
  "kind": "demoOffering",
  "id": "plus500-web-uk",
  "urls": {
    "html": "/demo-accounts/plus500-web-uk.html",
    "json": "/demo-accounts/plus500-web-uk.json",
    "markdown": "/demo-accounts/plus500-web-uk.md"
  },
  "policy": "Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.",
  "record": {
    "checked": "2026-10-13",
    "tested": false,
    "funds": null,
    "currency": null,
    "fundsLabel": "Adjustable virtual balance",
    "fundsNote": "Initial amount and currency: Requires Verification. Adjustments are capped at the initial demo amount.",
    "expiryType": "none",
    "expiry": "No fixed expiry while account is open",
    "expiryNote": "No time limit stated for an open account; this is not a guarantee against closure.",
    "evidence": "documented",
    "signup": "Email and password, or an offered identity-provider login. Demo registration has not been submitted.",
    "note": "Requires Verification: initial balance/currency, any closure or inactivity conditions, residence-to-entity assignment, and detailed demo fill/charge behaviour.",
    "id": "plus500-web-uk",
    "broker": "Plus500",
    "entity": "Plus500UK Ltd",
    "regions": [
      "UK"
    ],
    "region": "UK",
    "regionLabel": "United Kingdom",
    "researchScope": "UK CFD documentation; residence eligibility and final entity assignment not tested.",
    "platform": "web",
    "platformLabel": "Plus500 CFD WebTrader (web)",
    "product": "CFD",
    "terms": "Free demo with adjustable, resettable virtual funds. EUR/USD CFDs are included in the advertised demo markets. Live market data is paired with simulated execution.",
    "fundingReset": "Reset or adjust funds through Funds Management; capped at the initial demo amount.",
    "deposit": "Demo uses virtual funds; no live deposit was requested on the inspected registration screen.",
    "evidenceNote": "UK demo terms and current UK contract reviewed; entry form inspected only. No account opened or trading tested.",
    "eligibility": "UK CFD research scope only. The UK marketing URL redirected to the US futures site in this browser; the direct CFD demo form opened separately. Check residence eligibility and the contracting entity before registering. US futures are a separate product.",
    "sources": [
      "ex-plus500-uk-demo",
      "ex-plus500-uk-agreement",
      "plus500-cfd-signup"
    ],
    "visit": "ex-plus500-uk-demo",
    "regulation": null,
    "signupLink": {
      "kind": "portal",
      "note": "Opens the CFD demo registration form. Regional redirects and eligibility may vary; US futures are separate.",
      "status": "Official entry route",
      "url": "https://app.plus500.com/trade?IsRealMode=False&hl=en&product=CFD",
      "sourceUrl": "https://www.plus500.com/en-gb/demo-account",
      "checked": "2026-10-13",
      "tested": false
    },
    "execution": {
      "scope": "Plus500UK Ltd CFD account on the proprietary Plus500 platform. UK contractual capacity and UK demo disclosures only; excludes US futures and other Plus500 entities. Documentation reviewed; not personally tested.",
      "tested": false,
      "role": {
        "value": "Principal",
        "status": "Documented",
        "note": "The September 2026 UK agreement states that Plus500UK contracts as principal, not as the client's agent. It is the counterparty to the live CFD trade.",
        "sources": [
          "ex-plus500-uk-agreement",
          "ex-plus500-uk-execution"
        ],
        "checked": "2026-10-13"
      },
      "arrangement": {
        "value": "OTC quote-based execution with parent-company hedging",
        "status": "Broker-reported",
        "note": "The UK policy names Plus500UK as the sole execution venue. Plus500 Ltd supplies prices and takes an identical hedge for each UK trade; the parent's own risk retention or hedging is separate from the client's principal relationship.",
        "sources": [
          "ex-plus500-uk-execution"
        ],
        "checked": "2026-10-13"
      },
      "demo": {
        "value": "Live market data; simulated execution",
        "status": "Documented",
        "note": "The UK demo/live FAQ distinguishes simulated demo execution from real live execution, with virtual funds and live market data. How closely demo slippage, liquidity, rejection and latency match live fills remains Requires Verification.",
        "sources": [
          "ex-plus500-uk-demo"
        ],
        "checked": "2026-10-13"
      },
      "review": {
        "checked": "2026-10-13",
        "outcome": "Current UK contract documents principal capacity; execution policy describes the sole OTC venue and parent-company hedge; UK FAQ explicitly distinguishes simulated demo execution from live execution. No accounts opened or trading tested.",
        "remainingChecks": [
          "Requires Verification: obtain UK-specific disclosure of demo slippage, liquidity constraints, order rejection and latency modelling; the public simulation statement does not establish live-fill equivalence.",
          "Requires Verification: any future hands-on demo testing must be reported separately from this documentation review."
        ]
      }
    },
    "markets": {
      "scope": "UK CFD WebTrader; US futures and other Plus500 operating entities excluded.",
      "tested": false,
      "forexCfd": {
        "status": "Documented",
        "note": "The UK demo FAQ names EUR/USD CFDs among its practice markets. This is broker documentation; no trade was tested.",
        "sources": [
          "markets-plus500-uk-demo"
        ],
        "checked": "2026-10-14"
      },
      "cryptoCfd": {
        "status": "Retail restricted",
        "note": "Plus500UK states that cryptocurrency CFDs are unavailable to retail clients. The demo FAQ's generic crypto mention is subject to operator and does not override that restriction. UK demo crypto CFD access Requires Verification.",
        "sources": [
          "markets-plus500-uk-legal",
          "markets-plus500-uk-demo",
          "markets-uk-fca-crypto"
        ],
        "checked": "2026-10-14"
      }
    },
    "api": {
      "status": "Requires Verification",
      "type": null,
      "route": "Not established for this offering",
      "note": "API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.",
      "requirements": "Confirm the account, platform and regional requirements with the broker.",
      "sources": [],
      "docs": [],
      "checked": null,
      "tested": false
    }
  },
  "sources": {
    "ex-plus500-uk-agreement": {
      "title": "Plus500UK User Agreement, September 2026",
      "url": "https://cdn-main.plus500.com/Regulatory/FCA/default/default/CFD/1790076764/8/UserAgreement.pdf",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Page 2 opening paragraph; page 4 counterparty explanation; page 1 demo use",
      "access": "Current UK legal page links this September 2026 PDF; opened and read. No account opened or trading tested."
    },
    "ex-plus500-uk-demo": {
      "title": "Plus500 UK demo account and demo-versus-live FAQ",
      "url": "https://www.plus500.com/en-gb/demo-account",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "FAQ: What is the difference between demo and live trading?; What is a demo account?",
      "access": "Explicit UK page opened and read, including its demo/live comparison table and UK entity footer. No account opened or trading tested."
    },
    "ex-plus500-uk-execution": {
      "title": "Plus500UK Summary Order Execution Policy, September 2026",
      "url": "https://cdn-main.plus500.com/Regulatory/FCA/default/default/CFD/1790076869/2/OrderExecutionPolicy.pdf",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Sections 2.2-2.6; section 3.3; sections 4.1-4.2 and 6.2-6.5",
      "access": "Current UK legal page links this September 2026 PDF; opened and read. Earlier search-indexed policies were superseded for this research."
    },
    "markets-plus500-uk-demo": {
      "title": "Plus500 UK demo markets",
      "url": "https://www.plus500.com/en-gb/demo-account",
      "owner": "Broker",
      "checked": "2026-10-14",
      "locator": "FAQ: Which markets can I trade with a demo account? EUR/USD and crypto subject to operator",
      "access": "Official source opened and read on 14 October 2026. No account opened or demo trade tested."
    },
    "markets-plus500-uk-legal": {
      "title": "Plus500 UK terms and agreements",
      "url": "https://www.plus500.com/en-gb/help/termsandagreements",
      "owner": "Broker",
      "checked": "2026-10-14",
      "locator": "Entity footer: Plus500UK retail cryptocurrency CFD restriction",
      "access": "Official source opened and read on 14 October 2026. No account opened or demo trade tested."
    },
    "markets-uk-fca-crypto": {
      "title": "FCA Handbook COBS 22.6: retail cryptoasset derivative restrictions",
      "url": "https://handbook.fca.org.uk/handbook/cobs22/cobs22s6",
      "owner": "Regulator",
      "checked": "2026-10-14",
      "locator": "COBS 22.6.1 and 22.6.5; current section last updated 1 January 2026",
      "access": "Official source opened and read on 14 October 2026. No account opened or demo trade tested."
    },
    "plus500-cfd-signup": {
      "title": "Plus500 CFD demo registration",
      "url": "https://app.plus500.com/trade?IsRealMode=False&hl=en&product=CFD",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Create Demo Account entry form",
      "access": "Browser rendered email/password fields and Create Demo Account button; URL normalized to https://app.plus500.com/trade?IsRealMode=False. No fields entered, agreement accepted or registration submitted."
    }
  }
}
