When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.
If fees are your top concern, Plus500 is an OK choice, as it has average fees in general. Check our toplist for cheaper brokers.
I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how Plus500 fared:
- Plus500 charges low FX fees and high CFD fees.
- There is an inactivity fee if you don't trade for an extended period of time.
- The basic withdrawal fee is $0, but some transactions may cost more.
- Read our full review of Plus500 for info on safety, trading platforms and funding.
Assets | Fee level | Fee terms |
---|---|---|
S&P 500 CFD | Average | The fees are built into the spread, 0.7 points is the average spread cost during peak trading hours. |
Europe 50 CFD | Average | The fees are built into the spread, 2 points is the average spread cost during peak trading hours. |
EURUSD | Average | The fees are built into the spread, 1.4 pips is the average spread cost during peak trading hours. |
Inactivity fee | Average | $10 per month after 3 months of inactivity. Inactivity means that you don't log in to your account |
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82% of retail CFD accounts lose money
Low FX fees
Again, there is no commission, and everything is included in the spreads.
EURUSD spread
|
1.4 | 1.0 | 0.6 |
---|---|---|---|
GBPUSD spread
|
1.7 | 2.3 | 1.3 |
AUDUSD spread
|
1.1 | 1.0 | 0.6 |
EURCHF spread
|
1.3 | 5.0 | 2.2 |
EURGBP spread
|
1.5 | 1.5 | 2.0 |
High CFD fees
There is no commission: everything is included in the spread when trading CFDs with this provider, i.e. the difference between the ask and bid prices. However, fees are lower at the featured competitors.
S&P 500 index CFD fee
|
$3.9
|
$3.8 | $3.5 |
---|---|---|---|
Euro Stoxx 50 index CFD fee
|
$3.9
|
$4.2 | $3.6 |
Apple CFD fee
|
$23.4
|
$10.4 | $5.2 |
Vodafone CFD fee
|
$18.3
|
-
|
$3.6 |
Average inactivity fee, no withdrawal fee
Plus500 charges no withdrawal, account or deposit fees.
On the other hand, there is an inactivity fee of $10 per quarter after 3 months of inactivity. However, you can get around having to pay the inactivity fee if you simply log in to the platform. At some other brokers, you have to trade in order to not be charged an inactivity fee, logging in is not enough.
Broker | Inactivity fee | Withdrawal fee |
---|---|---|
Plus500 | $0 | |
eToro | $5 | |
Capital.com | $0 |
Other commissions and fees
You can find Plus500's fees for other asset classes below. Click 'Show more' for details.
Low futures fees
Futures fees
Plus500 futures fees are generally low. Futures trading is only available for US citizens through the Plus500 futures platform.
Disclaimer
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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.