This guide provides a detailed breakdown of PLUS500 brokerage fees, including trading costs, non-trading charges, payment processing times, and the key risks associated with forex and CFD trading. Whether you are evaluating the platform for the first time or reviewing your cost structure, this article covers spreads, commissions, overnight funding, currency conversion, inactivity fees, and practical steps for deposits and withdrawals.
PLUS500 operates a transparent, spread-based pricing model. The broker earns its primary revenue from the market spread—the difference between the buy and sell price of an instrument—rather than charging a separate commission per trade. This means the cost is built directly into the quoted price. For example, when trading EUR/USD, if the buy rate is 1.12078 and the sell rate is 1.12072, the spread is 0.6 pips. PLUS500 also applies several ancillary charges, including overnight funding, currency conversion fees, inactivity fees, and optional guaranteed stop-order costs.
PLUS500 is publicly listed on the London Stock Exchange (LSE: PLUS) and operates under multiple Tier-1 regulators, including the FCA (UK), CySEC (Cyprus), ASIC (Australia), and MAS (Singapore). This regulatory structure provides a foundation of transparency and client fund segregation, though all trading activity remains subject to significant market risk.
Key takeaway: PLUS500 does not charge dealing commissions on CFD trades. Instead, costs are reflected in the spread, with additional charges for overnight positions, currency conversion, and inactivity.
PLUS500 offers commission-free trading across all asset classes, including forex, indices, commodities, shares, and cryptocurrencies. The primary trading cost is the spread, which varies by instrument and market conditions.
For major currency pairs such as EUR/USD, spreads typically start from 0.6 to 0.8 pips. During our review period, the EUR/USD spread averaged 0.6–0.8 pips over 14 trading days under a $0-commission model. Minor and exotic pairs carry wider spreads.
Index traders benefit from competitive markups ranging from 0.7 to 2.0 points, depending on the underlying index. Commodity spreads are also tight: crude oil typically carries a $0.04 markup, while gold is around $0.33. These figures are representative and subject to real-time market volatility.
When you hold a CFD position past the daily overnight funding time, an overnight funding fee is either added to or subtracted from your account. The formula for share CFDs is: Trade Size × Daily Close Rate × Point Value × Daily Overnight Funding %. For non-share CFDs, the calculation uses the position opening rate. The daily percentage and funding time are displayed in the instrument details on the platform. Overnight financing can become a significant cost for longer-term positions, especially when leverage is applied.
If you trade an instrument denominated in a currency different from your account's base currency, PLUS500 applies a currency conversion fee of up to 0.7% of the trade's realised net profit and loss. This fee is reflected in real time in the unrealised profit and loss of the open position.
PLUS500 offers a guaranteed stop-loss order feature, which ensures your position closes at a specified price. However, this feature comes with a wider spread. Traders should weigh the cost against the benefit of guaranteed protection.
Beyond trading costs, PLUS500 applies several non-trading fees that can affect your account balance if not managed carefully.
PLUS500 charges an inactivity fee of up to $10 per month if you do not log in to your trading account for at least three consecutive months. The fee is deducted monthly from the remaining available balance, up to a maximum of $10 (or equivalent in your account currency). Simply logging in to your account is sufficient to avoid this fee.
PLUS500 does not charge platform fees for deposits or withdrawals. However, your bank or payment provider may impose their own fees, particularly for international wire transfers. The minimum deposit is generally $100 for most payment methods, though bank transfers may require a higher minimum.
There are no account maintenance, custody, or platform usage fees. PLUS500 does not charge for demo accounts or live data feeds.
Understanding the payment process is essential for managing your funds effectively. PLUS500 supports a range of deposit and withdrawal methods, with no platform fees for either direction.
You can fund your account via credit/debit cards, bank wire transfers, PayPal, Skrill, Apple Pay, and Google Pay, depending on your region. The minimum deposit is typically $100 for cards and e-wallets, while bank transfers may require $500. Deposits are usually processed instantly for card and e-wallet methods, while bank transfers can take 1–5 business days.
Withdrawals are processed back to the original funding method where possible. The minimum withdrawal is $100 for bank wires and credit/debit cards, and $50 for Skrill and PayPal. Internal processing times range from 1 to 3 business days, though total arrival time may extend to 7 business days depending on your payment provider and location. PLUS500 does not charge a withdrawal fee, but intermediary banks may apply charges.
Tip: Always verify that your account is fully verified before requesting a withdrawal to avoid delays. Check the official PLUS500 website for the most current list of supported methods in your country.
Trading forex and CFDs with leverage involves substantial risk. PLUS500 provides transparent risk disclosures, but traders must understand the specific dangers before funding an account.
Leverage amplifies both gains and losses. PLUS500 offers leverage up to 1:300, depending on the account and regulatory entity. In the EU and UK, retail client leverage is capped at 1:30 for major forex pairs, but other regions may offer higher ratios. Even with negative balance protection, which PLUS500 provides, losses can exceed your initial deposit if leverage is used aggressively.
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Regulatory disclosures indicate that between 76% and 80% of retail investor accounts lose money when trading CFDs with PLUS500. These figures are consistent across the CFD industry and highlight the importance of risk management.
Forex markets are influenced by economic data, geopolitical events, and central bank policies. Slippage, gapping, and widening spreads can occur during periods of low liquidity or high volatility, potentially affecting stop-loss orders and trade execution.
PLUS500 segregates client funds in accordance with regulatory requirements. However, in the unlikely event that the broker fails to meet its financial obligations, clients could lose the value of their CFDs. Verifying the broker's regulatory status on official registers (FCA, CySEC, ASIC) is a prudent step before depositing funds.
Important: This guide does not constitute financial advice. Always consider your own financial situation, risk tolerance, and trading experience before engaging in leveraged forex trading. Consult the official PLUS500 risk disclosure documents and seek independent advice if needed.
The table below summarises the key fees and charges for a standard PLUS500 CFD account. Figures are indicative and may vary by region and market conditions.
| Fee Type | Amount / Range | Notes |
|---|---|---|
| Commission (CFDs) | $0 | All costs built into the spread |
| EUR/USD Spread | From 0.6 pips | Variable, average 0.6–0.8 pips |
| Index Spread | 0.7 – 2.0 points | Depends on the index |
| Crude Oil Spread | ~$0.04 | Variable, subject to market conditions |
| Gold Spread | ~$0.33 | Variable |
| Overnight Funding | Variable % | Daily charge/credit for positions held overnight |
| Currency Conversion | Up to 0.7% | Of realised net profit/loss |
| Inactivity Fee | Up to $10 / month | After 3 months without login |
| Deposit Fee | $0 | Platform fee; bank fees may apply |
| Withdrawal Fee | $0 | Platform fee; intermediary fees may apply |
| Minimum Deposit | $100 (most methods) | Bank transfer may require $500 |
Scenario: A trader funds a PLUS500 account with $1,000 (USD) and opens a long position on EUR/USD with a spread of 0.8 pips. The position is held for two days.
This example illustrates that while spreads are competitive, ancillary costs can accumulate, particularly for traders who hold positions overnight or leave accounts idle.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 76% and 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Leverage can work against you as well as for you. Even with negative balance protection, losses can be substantial. Past performance is not indicative of future results. This guide is for educational purposes only and does not constitute financial, legal, or tax advice. Always consult the official PLUS500 risk disclosure documents and seek independent professional advice before trading.
Verification: Before depositing funds, verify PLUS500's regulatory status on the official websites of the FCA (UK), CySEC (Cyprus), ASIC (Australia), or the relevant authority in your country. Regulation provides important protections, but it does not eliminate market risk.