plus500 minimum deposit

 

If you’re interested in trading with Plus500, one of the most important things to know is the Plus500 Minimum Deposit.

This is good to know so you have an idea of how much you need to invest so you can start trading.

Plus500 is a leading broker and their trading platform is used by millions of people.

However, if you wish to start trading with the broker, you’ll need to fund your account. Each broker has a minimum deposit amount that you need to meet.

Let’s take a look now at the Plus500 minimum deposit and how you can add funds to your account.

Click the button below to open a free account!

Open Free Plus500 Account

*‘76.4% 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.’

 

Plus500 Minimum Deposit Amount & Fees

One important thing to know is that when making a deposit the broker doesn’t charge a fee! This is good because you won’t have to deal with any extra costs when depositing money.

plus500 minimum deposit

 

The only thing you should be aware of is that your bank may charge some small transaction fees if you send the money with them. For example, if you make a bank transfer your provider may apply transaction charges to that.

So always keep this in mind when making bank/wire transfers or if using a credit card.

The minimum deposit amount for Plus500 is just $100. This means that you’ll need to spend $100 to start trading.

It’s also possible to make the deposit in £/GBP or €/EUR.

 

Currencies Available on Plus500

One important thing to remember is that the broker supports the 3 major currencies of £/GBP, $/USD and €/EUR on their platform.

This means you can also deposit the money in one of these currencies. For example if you live in Europe and your account is set to trade in €/EURO, you can also make the transaction in €100 instead of US Dollars.

Besides this Plus500 also supports 10 other base currencies which you can make the deposit in. This includes ZAR/ South African Rand and AUD/Australian Dollars. It all depends on which country you are resident of when you open your account.

You can select which currency you would like your account to operate in during the account set up.

If you want to start using another currency which the broker doesn’t support. You’ll be charged a small currency conversion fee by Plus500 to convert it.

 

Methods Available

In order to make the minimum deposit, the broker accepts the following methods:

  • Bank/Wire Transfer – Visa or MasterCard
  • Credit/Debit Card
  • Electronic/Online Wallets – Skrill or PayPal only

All the above can be used, just remember thought that the transfer time can vary depending on which one you use. For example a bank/wire transfer can take from 2 to 3 days till the money shows in your account.

However, for a credit/debit card or electronic wallet transfer the money should be showing in your account instantly. It’s normally very fast.

 

Making the Minimum Deposit with Plus500

Making the deposit can be done directly from your trading account.

Once you have logged into your account, just click on the ‘Menu‘ area which is towards the left side of the screen. From there the ‘Funds Management‘ menu tab will show, here you need to click on the ‘Deposit‘ option.

The deposit page will now open and from here you can select the payment method you wish to use. You can also select the amount you want to add.

Once finished, confirm the payment by clicking on the ‘Make a Deposit‘ button.

If you follow these steps the Plus500 minimum deposit can be made quickly and simply. 

Open Free Plus500 Account

*‘76.4% 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.’

 

Is Plus500 Secure?

Plus 500 is a regulated broker which means that they are safe and secure to trade with. For instance your payment information when making the minimum deposit will always be protected.

It’s important to use only regulated brokers because it means they are authorised to operate as a broker platform.

It also means that in order to keep their regulation licences, brokers must follow strict rules that help to keep you and other traders secure.

For example, a regulated broker like Plus500 must let you withdraw your money when requested. They must also keep clients money and deposits separate from the company funds that are used to run the business.

There are other rules besides this, but all the regulation rules are designed to keep trading secure and safe.

Currently Plus500 is licenced by many financial authorities. These authorities check that they follow legal rules put in place to protect traders. They are licenced by CySEC and the Financial Conduct Authority (FCA) in Europe and the UK.

They’re also regulated by many more worldwide. For example in South Africa Plus500 has a Financial Services Provider (FSP licence), and in Australia the broker is licenced by ASIC.

You can be certain that this broker is safe and not a scam.

Click the button below to open a free account!

Open Free Plus500 Account

*‘76.4% 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.’

 

Plus500 Background

Besides being fully regulated, we have also looked at the background history of the broker.
Plus500 has been in operation for more than 10 years. In fact the broker was first founded in 2008 by a team based in Israel.

Since their launch, Plus500 has spread worldwide and gained clients from many countries. They also have various subsidiary offices which are in Australia, London and Cyprus.

Importantly, they are also one of the few broker companies to be publicly listed on the London Stock Exchange.

This shows that Plus500 is a legit company and not a scam, especially if they’re listed on leading stock exchanges.

By checking the background and seeing that the broker has been in the business for a long time, you can be reassured that Plus500 is secure to use and deposit with.

So when making the Plus500 minimum deposit, you know that you’re dealing with a regulated broker that has years of experience in the forex and CFD fields.

 

 To learn more about the Plus500 minimum deposit and the broker in general please read the full review.