Start trading the world's most popular markets by opening an account with Plus500.
79% of retail CFD accounts lose money.
Plus500 offers the majority of its services to its users for free. For the few transactions where fees are charged, it is all made transparent for users before they sign up for a trading account — in short, there are no hidden fees. The majority of Plus500 earnings comes from fees of bid and ask spreads, which are all based on internal monitoring. This section will let you understand more about Plus500 fees.
Broker
Score
Minimum Deposit
Trade
98
$100
97
$10 to $1000 (country-specific)
77% of retail CFD accounts lose money
94
$5
74.89% of retail CFD accounts lose money
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79% of retail CFD accounts lose money.
01
What are Buy/Sell Spreads Fees?
Spreads
Plus500 earns compensation through the Bid/Ask (Buy/Sell) spread when a
trader opens a position. Basically, a trader pays the spread and the amount
of the spread is already included in the quoted rates of the financial
instrument and is not an additional fee charged to Plus500 traders.
Illustrative prices only
Spreads are calculated by subtracting the selling price from the buying
price of the financial instrument.
02
Is the Spread Considered as Fees?
Spread as Fees?
Basically yes. A "spread" is the fee collected based on the difference
between the buy / bid and the offer / sell price of a financial instrument.
Simply said, a spread comprises only a very low percentage of amount added
to the trading transaction.
03
What Is the Definition of a Spread Then?
Spread Definition
Spread is defined as the difference between a "Buy/Bid" price and a
"Sell/Offer" price at a specific moment in time.
For its instruments, Plus500 offers two spread mechanisms:
Dynamic spread: This spread adjusts itself based on the market spread
throughout the duration of an open position
Standard spread: This spread does not typically adjust with market
fluctuations while a trade position is open, but when the market is
volatile, it may change to reflect the underlying market conditions
better.
04
How to View the Spread of a Specific Asset?
Viewing Spreads
To view the spread of an asset or financial instrument you want to buy,
simply follow these steps:
Log in to your Plus500 account.
Look for the financial instrument you want to view.
Click on the (i) icon (Details icon) and scroll down to view the info
section.
Illustrative prices only
05
Are the Other Fees?
Additional Fees
Here are the additional fees that Plus500 charges to its trader users:
Overnight Funding Fee: this fee is charged to traders when they hold a
position after a length of time. The overnight funding fee is either
subtracted from or added to your account.
Currency Conversion Fee: This fee is charged when a trader transacts a
trade on a particular financial instrument that is denominated in a
currency not similar to the trader's currency account. This fee is
automatically reflected into the unrealized profit or an open position.
Guaranteed Stop Order Fee: This type of order helps you manage risk by
assuring the stop-loss level. This feature promises that your position
will close at a specific rate, and as such is subject to a wider spread
or fee since it guarantees that your position closes at a specific
rate.
Inactivity Fee: Plus500 charges a fee of up to $10 a month in
instances of inactivity or when a trader fails to log in to their
account for at least three months. This fee will be charged every month
from the time of the three-month inactivity until a login is made into
the account.
06
Does Plus500 Charge Withdrawal and Deposit Fees?
Deposits & Withdrawals
No. Plus500 doesn't charge its users for any withdrawal or deposit
transactions.
07
Is There a Fee for Transferring Money to Plus500 Account?
Money Transfers
The fee for transferring money to your Plus500 account depends on your
issuing bank and not on Plus500.
08
Does Plus500 Charge Trading Fees?
Trading Fees
The "market spread" is the main method by which Plus500 is compensated.
When trading EUR/USD for example with a buying rate of 1.14080, and a
selling rate of 1.14084 (this means the market spread of 0.6 pips is
payable by the trader to Plus500). Unlike other providers who charge
commissions on every trade, Plus500 does not charge any trading
commissions.
09
>Plus500 CFD Trading Fees
CFD
Plus500 does not charge trading fees when a trader engages in a
contract-for-difference (CFD) trade. The only "fee" a trader will pay is
the "spread" which is always included in the price of the financial
instrument.
10
Does Plus500 Charge Forex Transactions?
Forex Fees
Plus500 doesn't charge any forex transaction fees. Again, the spread is
already included in the forex buy price.
Now that you know more about Plus500's fees, it's high time that you open an account to get started.
79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.