The Plus500 minimum deposit is $100.
The table below is the summary of recommended Plus500 minimum deposit for each currency. You can read an in-depth review of plus 500 here
|Currency||Recommended Minimum Deposit|
Plus500 Account Types
For the most part, Plus500 only has a Retail account, and demo account.
Plus500’s retail account is commission-free and has spreads on the EUR/USD that start at 0.8 pips, which is average when compared to most other CFD providers. The maximum leverage (as defined by ASIC regulations) is 30:1, and the minimum deposit is a reasonable $100.
Trading is only available on Plus500’s proprietary platform, which is limited in comparison to most other brokers. However, traders can choose from a wide range of tradable assets, including over 70 Forex pairs and indices, share CFDs, cryptocurrencies, ETFs, commodities, and currency indices.
Before depositing real money, traders can use the demo account to practice trading and familiarize themselves with the Plus500 platform. Because the Plus500 platform differs from that of other CFD providers, it is recommended that new clients spend some time getting acquainted with it before making a deposit.
While many traders prefer the Plus500 platform’s clean design, others may prefer a more traditional layout. Demo accounts have no expiration date and are pre-loaded with virtual funds that can be replenished on demand.
Although Plus500 only has one live account, its low trading costs, and low deposit requirements appeal to both novice and experienced traders.
Plus500 Deposit Methods
There are no deposit fees at Plus500. Plus500, like other CFD brokers, offers a variety of deposit options:
- Bank transfer
- Credit/debit card
How To Deposit to Plus500
To make a deposit and start trading with Plus500, simply follow the steps below:
- Click on “Funds Management” and “Deposit”
- Select your preferred deposit method from the available options
- Fill in the fields and click the “Submit” button
Each deposit method has its own minimum deposit amount, and more information can be found on the trading platform’s Deposit screen.
Plus500 Withdrawal Methods
Plus500 withdrawals are free of charge, but you are limited to five per month. After which you may be charged $10 for each additional withdrawal if you exceed this limit. A minimum withdrawal amount of $50 for PayPal/Skrill and $100 for bank transfers and credit/debit cards are also required.
Plus500 Minimum Deposit Summary
Plus500’s minimum deposit is $100 for debit/credit cards and $500 for bank transfers. This is higher than many other brokers but still within a reasonable range.
Overall, my experience with Plus500 was extremely positive. The WebTrader’s platform is one of the most user-friendly and intuitive on the market.
There is a diverse range of instruments to trade, and I found that pricing in most areas ranged from average to competitive.