Is Plus500 free?

Plus500 does not provide access to real stock trading on US markets. If you are looking for a zero-commission broker to trade on US stock exchanges, you can check our article detailing the best apps offered in this category of brokers. If you wish to stick with Plus500 though, then you will find the fees they charge below.

Visit broker
72% of retail CFD accounts lose money

Plus500 fees
Overview of Plus500 fees and charges

When it comes to brokerage fees, Plus500 is a mixed bag. To see how they may affect you, first you need to figure out your approach to trading - i.e. whether you are more of a buy-and-hold investor or if you want to trade frequently; or what type of assets and in what volumes you'll want to trade. Alternatively, use our questionnaire to help you tell whether Plus500 fees are beneficial for you. Continue reading about Plus500 fees and charges to see if this is the right broker for you, or if a similar broker like ActivTrades or Spreadex might suit you better.

Here's a high-level overview of Plus500's fees

Plus500 Fees snapshot
Assets Fee level Fee terms
US stock fee - Not available
EURUSD fee Average The fees are built into the spread, 0.7 pips is the average spread cost during peak trading hours.
US mutual fund fees - Not available
Inactivity fee Low $10 per month after 3 months of inactivity. Inactivity means that you don't log in to your account.

Visit broker
72% of retail CFD accounts lose money

Plus500 fees
Plus500 fees explained

Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely because online brokerages' businesses can be much better scaled: from a purely technical standpoint, it doesn't make that much of a difference for them if they have 100 or 5,000 clients.

This is not to say, however, that they don't charge any fees at all. They make money by charging you various rates for various actions or events. Usually you need to keep an eye on the following three types of fees:

  • Trading fees - these are brokerage fees that you pay when you actually carry out a trade, like buying an Apple share or an ETF. What you pay is either a commission, a spread or a financing rate. Some brokers apply all of these.
    • A commission is either fixed or based on the traded volume.
    • A spread is the difference between the buy price and the sell price.
    • A financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
  • Non-trading fees. These are usually related to some operations you carry out in your account, such as depositing money, withdrawing money, or not trading for an extended period.

We compare Plus500 fees with its closest competitors, ActivTrades and Spreadex.

Visit broker
72% of retail CFD accounts lose money

Plus500 fees
Plus500 trading fees

Plus500's trading fees are mixed, which means that some asset classes come with high trading fees - be sure to check these carefully.

Let's break down trading fees according to the different asset classes available at Plus500.

Trading fees

Plus500's trading fees are average.

CFD fees

Plus500 has average CFD trading fees.

CFD fees and commissions on a $2,000 trade
Plus500 ActivTrades Spreadex
Apple CFD $4.2 $1.2 $3.2
Vodafone CFD $2.6 $2.3 $2.3
Germany $5.7 - -

Visit broker
72% of retail CFD accounts lose money

Plus500 fees
Plus500 non-trading fees

Some of Plus500's non-trading fees are average.

Non-trading fees include various brokerage fees and charges at Plus500 that are not related to buying or selling assets. This can be a withdrawal fee, deposit fee, inactivity fee or account fee.

A high-level overview of how Plus500 stacks up in terms of non-trading fees
Plus500 ActivTrades Spreadex
Withdrawal fee $0 $0 $0
Deposit fee $0 $0 $0
Inactivity fee Yes Yes No
Account fee No No No

Visit broker
72% of retail CFD accounts lose money

Plus500 fees
Plus500 deposit fee

Usually, brokers don't charge anything for deposits, and Plus500 is no different.

Plus500 deposit methods
Plus500 ActivTrades Spreadex
Bank transfer Yes Yes Yes
Credit/debit card Yes Yes Yes
Electronic wallets Yes Yes No
Deposit fee $0 $0 $0

Visit broker
72% of retail CFD accounts lose money

Plus500 fees
Plus500 withdrawal fee

Plus500 generally doesn't charge a withdrawal fee.

Plus500 withdrawal fees and options compared
Plus500 ActivTrades Spreadex
Bank transfer Yes Yes Yes
Credit/debit card Yes Yes Yes
Electronic wallets Yes Yes No
Withdrawal fee for bank transfer $0 $0 $0

Visit broker
72% of retail CFD accounts lose money

Plus500 fees
Plus500 inactivity fee

Plus500 does apply an inactivity fee and it is $10 per month after 3 months of inactivity. Inactivity means that you don't log in to your account.. Keep this in mind to avoid getting charged after a longer idle period. The fact that Plus500 charges an inactivity fee makes it less ideal for you if you are a buy-and-hold investor.

The inactivity fee charged by Plus500 is low.

Plus500 ActivTrades Spreadex
Inactivity fee Yes Yes No
Inactivity fee $10 per month after 3 months of inactivity. Inactivity means that you don't log in to your account. If the account is not used for over 1 year and there is a remaining balance, they will charge a fee of £10 per month. No inactivity fee

Visit broker
72% of retail CFD accounts lose money

Author of this article

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely Korpos

Co-founder, CPO

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

Share

Comments

Visit broker
72% of retail CFD accounts lose money
×