Plus500 Account Types

plus500 account types

Plus500 is a popular online trading platform that offers users multiple account types. With its wide range of features, the platform provides traders with the opportunity to tailor their trading experience according to their needs and preferences.

Plus500 offers two account types with fixed and dynamic spreads. It also has an innovative and unique online CFD trading platform. The application is intuitive and very complete. In it you can find reports, place alerts, the economic calendar and the Trader’s Guide section with explanatory videos on the basics of CFD trading.

In this article, we will review the different Plus500 account types and discuss their features in detail. We will also provide an honest Plus500 review so that you can make an informed decision when choosing an account type.

Plus500 Retail Account

Trade anywhere, at any time using the different options that Plus500 offers.

  • IPhone / iPad app
  • Android app
  • Operator for Windows
  • WebTrader

Retail Account

Plus500
🔥
  • Plus 500 Trading
  • 2800 types of CFDs, Shares, Indices, Forex, ETFs, Commodities, Cryptocurrencies and Options.
  • Minimum deposit 100€
  • No Commissions
  • Variable Spread
  • 1:30 Leverage
  • Deposit bonuses. Not available
  • Loyalty bonuses. Not available
Popular

Professional Plus500 Account

To apply for a professional account at Plus500, you must meet two out of three requirements:

Sufficient trading activity in the last 12 months.
You have made a minimum average of 10 transactions per quarter, of significant size, in the last four quarters in the relevant market with Plus500 and or other providers.

Financial instrument portfolio of more than € 500,000 including cash savings and financial instruments. You will not be asked to deposit that amount.
The size of its portfolio of financial instruments exceeds € 500,000.

Relevant experience in the financial services sector.
You work / have worked in the financial sector for at least one year in a professional position that requires knowledge of transactions and related services.

Traders who opt for a Professional Account could not have ICF rights and lose access to the Financial Ombudsman Service (FOS).

Profesional Account

Plus500
🛰
  • Plus 500 Trading
  • 2800 types of CFDs, Shares, Indices, Forex, ETFs, Commodities, Cryptocurrencies and Options.
  • Minimum deposit 100€
  • No Commissions
  • Variable Spread
  • Leverage up to 1:300
  • Deposit bonuses. Not available
  • Loyalty bonuses. Not available

Plus500 broker fees and commissions

Plus500 offers its clients many of its services for free, with no surprises or hidden fees.

Plus500 receives 0€ fees for deposits, currency quotes, live stock CFD prices, price alerts, position renewal, dynamic charts and graphs.

Additional fees and commissions

The following fees and charges may apply.

Overnight fee

You can be charged a commission for maintaining an open position from a certain time, you can find more information on the platform, next to the name of the instrument.

Currency conversion fee

Plus500 may charge you a fee of up to 0.7% for currency conversion.

Share trading commission

Plus500 does not charge commissions for CFD trading.

Guaranteed stop order

A unique order type that is used to help you manage risk by guaranteeing your stop loss level.

Plus500 broker inactivity rate

A fee of up to 10 USD per month will apply, in case you do not log into your trading account for a period of at least three months. This fee will be charged once a month thereafter, as long as the account is not logged in. However, please note that the commission is charged only from the real money account and only if there are funds available in it.

82% 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.

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