If you trade CFDs or forex with Plus500, understanding the withdrawal process is essential. This guide explains how to request a withdrawal, what fees may apply, typical processing times, and the key risks to consider. Whether you are a new trader or an experienced user, these practical details can help you manage your funds more confidently.
A Plus500 withdrawal is the process of transferring available funds from your trading account to your personal bank account, card, or electronic wallet. Plus500 processes withdrawals after completing standard security and compliance checks. The company holds client funds in segregated bank accounts in accordance with regulatory requirements, which means your money is kept separate from the firm’s own operating capital.
Before you request a withdrawal, make sure you have no open positions that require margin, and that your available balance is sufficient to cover the amount you wish to withdraw. Any bonus or promotional credit in your account may also affect the withdrawable balance.
Withdrawing funds from Plus500 is straightforward. Follow these steps on the web platform or mobile app.
Step‑by‑step withdrawal instructions
On mobile devices, you can access the Funds screen from the menu button. After you submit a request, you can track its status under “Funds” → “Cashflow”.
Plus500 offers several withdrawal methods, though availability depends on your country of residence. The most common options include:
Plus500’s policy is to return funds to the same payment method that you used to deposit, wherever possible. For example, if you deposited with a Visa card, Plus500 will first attempt to process your withdrawal to that same Visa card. The method you select during the withdrawal request acts as a backup if the original payment method cannot be used.
Always check the withdrawal screen in your trading platform for the most up‑to‑date list of methods available in your region.
Plus500’s fee structure for withdrawals can vary depending on the product you trade and your region. For standard Plus500 CFD accounts, the broker states that it does not charge deposit or withdrawal fees for most methods. However, there are important exceptions to be aware of.
| Fee Type | Details |
|---|---|
| Standard withdrawal fee (CFD accounts) | No fee for most methods; Plus500 covers payment processing costs. |
| Withdrawal processing fee (Plus500 Futures) | 1.75% of withdrawal amount, min $1, max $150. |
| Below‑minimum withdrawal | May incur a $10 fee if you withdraw less than the required minimum. |
| Excessive monthly withdrawals | Some sources indicate a $10 fee per withdrawal beyond five in a single month. |
| Bank transfer fees | Your bank or intermediary may charge $10–$25 per transfer. |
Because fees can differ between the CFD platform and Plus500 Futures, always review the fee schedule on the official Plus500 website or consult the User Agreement. If you are unsure about a specific charge, contact customer support before initiating a withdrawal.
Plus500 processes withdrawal requests within a standard timeframe, but the total time until you receive your funds depends on the payment method and your bank’s processing speed.
Key timing summary
Delays can occur if your bank or financial institution takes additional time to process the payment. Regional differences and intermediary banks may also extend the total waiting period.
All withdrawal methods have minimum amount thresholds, which are displayed on the withdrawal screen inside the trading platform. The minimum varies by method and region, so always check the platform before you request a withdrawal.
Plus500 does not impose a monthly withdrawal limit. However, if you withdraw more than €15,000 in a calendar month, regulatory requirements may require you to complete a one‑time video call verification with a valid identity document.
If you request an amount below the minimum threshold, your withdrawal may be subject to a fee, and the request might be rejected or delayed.
Mistakes that can delay or complicate your withdrawal
Example scenario
Anna, a UK‑based trader, deposits £500 using her debit card and trades CFDs for several weeks. She builds her balance to £1,200 and decides to withdraw £400. She follows the steps under “Funds” → “Withdrawal”, selects her debit card as the method, and submits the request. Plus500 processes the request in two business days, and her bank credits the funds three days later. Total time from request to receipt: five business days.
If Anna had selected bank transfer instead of her debit card, Plus500 would still attempt to send the funds to her card first, because that was her original deposit method. This policy helps reduce processing complications.
Trading CFDs and forex involves significant risk, and you should only trade with capital you can afford to lose. Withdrawal‑specific risks include:
To protect yourself, always verify broker details on the official Plus500 website, check regulator registers (such as the FCA, ASIC, or CySEC), and read the User Agreement carefully before depositing or withdrawing funds.
| Method | Typical Processing (Plus500) | Estimated Receipt Time | Common Fees |
|---|---|---|---|
| Bank transfer | 1–3 business days | 5–7 business days | Possible intermediary bank fee ($10–$25) |
| Credit / Debit card | 1–3 business days | By next billing date | No Plus500 fee; card issuer may apply charges |
| PayPal / Skrill | 1–3 business days | 3–7 business days | No Plus500 fee; e‑wallet may charge |