Plus500 offers customers most of its services free of charge, and we are upfront with the few fees we do charge. There are no surprises. Our compensation is derived from our Bid/Ask spreads, which are among the tightest in the industry (based on internal monitoring).
Plus500 is compensated for its services through the Buy/Sell (Bid/Ask) spread (click here to learn more about this), so when you open a position, you essentially “pay” the spread. This spread is incorporated into the Plus500 quoted rates and is not an additional charge or fee payable by you above the quoted rates.
To view the spread for a specific instrument, simply:
The fees below could be applied to your account, depending on your trading activity:
An overnight funding amount is either added to or subtracted from your account when holding a position after a certain time (referred to as the “Overnight Funding Time”). You can read more about this here.
Plus500 will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The Currency Conversion Fee will be reflected in real time into the unrealised profit and loss of an open position. You can read more about this here.
A unique order type used to help you manage risks by guaranteeing the stop loss level. If you choose to use this feature, please note that as it guarantees that your position closes at a specific requested rate, it is therefore subject to a wider spread. You can read more about this here.
A fee of up to USD 10 per month will be levied, should you not log in to your trading account for a period of at least three months. This fee will be charged once a month from that moment onwards, as long as no login is made to the account.
As part of our commitment to offer the best trading conditions available, we cover most payment processing fees. On rare occasions, you may incur fees when transferring money to and from your Plus500 account1. These are determined and levied by your payment issuer or bank, and not by Plus500.
1 E.g. for international credit/debit card transactions, incoming/outgoing bank transfers and transactions using a currency that is not supported (Forex conversion).