What are the fees on Plus500?
Plus500 financial accounts incur no direct commission charges for opening or closing trades, as trading costs are absorbed into the market spread. However, users must account for several indirect and operational fees. If a leveraged position remains open overnight, an overnight funding fee is debited or credited to the account based on market benchmark rates. Accounts that show no login activity for a specified duration incur a recurring monthly inactivity fee. Furthermore, currency conversion charges apply when trading instruments in markets operating outside the user's native account currency denomination.
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Plus500 requires new traders to fund their live accounts with a minimum initial deposit starting at 100 currency units, depending on the chosen payment method such as credit cards, electronic payment wallets, or traditional bank wire transfers.