Overview of Plus500 fees and charges

It's safe to say that Plus500's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use Plus500 even in case you trade frequently like multiple times a week or daily.

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

Plus500 Fees snapshot
Assets Fee level Fee terms
US stock fee Low $0.006 per share
EURUSD fee High The fees are built into the spread, 0.8 pips is the average spread cost during peak trading hours.
US tech fund fee - Not available
Inactivity fee Low $10 per month after 3 months of inactivity. Inactivity means that you don't log in to your account.

Disclaimer: 77% 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.

The fees were collected on 4 Jun 2021, between 2 pm and 4 pm CET, but the actual rates are subject to change. To see current rates, check Plus500's website.

Plus500 fees
Plus500 fees explained

Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely due to the fact that 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 5000 clients.

This is not to say however that they don't have any fees at all. They make money by charging you at various events for various rates. Usually you need to keep an eye on these 3 types of fees:

  • Trading fees - these are brokerage fees that you pay when you actually do a trade. What you pay is either a commission, a spread or financing rate. Some brokers apply all of these.
    • A commission is either based on the traded volume or it is fixed.
    • A spread is the difference between the buy price and the sell price
    • Financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
  • Non-trading fees. These occur related to some operations you make in your account, i.e. depositing money to your account, withdrawing money from it or not trading for an extended amount of time.

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

Plus500 fees
Plus500 trading fees

Plus500's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).

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

Trading fees

Plus500's trading fees are low.

It is super hard to compare trading fees for CFD brokers. What we did at BrokerChooser? Instead of quoting long fee tables, we compare brokers by calculating all fees of an example trade for three assets.

For the assets we chose cleverly and arbitrarily:

  • Apple, a large US stock
  • Vodafone, a large European stock
  • EURUSD, a popular currency pair

The example in this context would mean buying a position, holding for one week, and selling it. For the volume we chose a $2,000 position for the stocks and $20,000 for the EURUSD.

This super catch-all benchmark includes spreads, commissions and financing costs for all brokers.

Here is the verdict.

Plus500 fees benchmarked
Plus500 ActivTrades Spreadex
Apple benchmark fee $11.5 $3.1 $7.5
Vodafone benchmark fee $15.3 $5.5 $5.5
EURUSD benchmark fee $12.0 $6.9 $6.8

The fees were collected on 4 Jun 2021, between 2 pm and 4 pm CET, but the actual rates are subject to change. To see current rates, check Plus500's website.

Financing rates

Plus500 financing rates are high.

If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.

Plus500 yearly financing rates
Plus500 ActivTrades Spreadex
Apple CFD financing rate 16.2% 2.1% 3.1%
Vodafone CFD financing rate 16.1% 2.1% 3.1%
EURUSD financing rate 2.8% 1.6% 1.5%
EURGBP financing rate 2.7% 1.5% 1.5%

Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.

The fees were collected on 4 Jun 2021, between 2 pm and 4 pm CET, but the actual rates are subject to change. To see current rates, check Plus500's website.

Currency conversion fee

Plus500 will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: 0.7% mark-up.

Plus500 fees
Plus500 non-trading fees

When it comes to looking at all the non-trading fees Plus500 is an average broker. This means that some of the non-trading fees are high, but the others are low or not charged at all.

Non-trading fees include various brokerage fees and charges at Plus500 that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.

A high level overview of how Plus500 stacks up in 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

Plus500 fees
Plus500 deposit fee

Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and Plus500 is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods Plus500 offers.

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

Plus500 fees
Plus500 withdrawal fee

Unlike some online brokers we have reviewed Plus500 does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.

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 with bank transfer $0 $0 $0

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.. This means that you need to be strategic about your trading activity to avoid getting charged after a longer time of no trade. The fact that Plus500 charges an inactivity fee makes it less ideal for you if you are a buy and hold investor.

Plus500 has low inactivity fee.

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

Read more about Plus500 inactivity fee on their own site.

Author of this article

Réka Hidas

Author of this article

Réka has attended the International Business and Economics bachelor program at the Corvinus University of Budapest. She's eager to help investors find the best investment providers, through writing extensive reviews. On a more personal level she wants to develop her skills and grow professionally on this field.

Réka Hidas

Junior Broker Analyst

Réka has attended the International Business and Economics bachelor program at the Corvinus University of Budapest. She's eager to help investors find the best investment providers, through writing extensive reviews. On a more personal level she wants to develop her skills and grow professionally on this field.

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

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