Why play Candy Crush when you can gamble on oil prices?
The story behind the Israeli online stock trading platform Plus500, that tripled its profits in only one year, proves: Suckers never die.
Plus500 provides the general public an online platform for trade in so-called CFDs, contracts for difference. Behind the rather obtuse name is a simple principle: CFDs involve a wager of sorts on futures contracts with respect to an asset, which might be oil or gold or shares or stock. The bettors settle in advance on a wager involving the difference between the current price of an asset...
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