Plus500 is a leading online broker with an impressive account opening experience. The service is entirely online and user-friendly. The average time needed for account opening is 24 hours.
|Rating||5.0 stars||5.0 stars||4.4 stars|
|Account opening time||1 day||1 day||1-3 days|
This article discusses the Plus500 account opening characteristics.
|• Number of base currencies||None|
The first thing to consider when choosing an online broker is if Plus500 is available in your country. Plus500 is available in 15 countries, including Australia, Germany, UAE, and the UK.
|United Arab Emirates||Yes|
Plus500 has specific account opening requirements. To create an account with this broker, you’ll have to submit proof of identity and residency. Plus500 has a fully digital account opening process done on the company’s website.
As soon as the registration is complete, you’ll have to transfer a minimum deposit to your new account. The minimum deposit fee at Plus500 is $100. Remember that the initial fee varies depending on the funding method you opt for. Read our in-depth review to learn about minimum deposit fees at Plus500.
A professional online broker offers access to many account tiers. Plus500 has accounts for different levels of experience and trading skills. It lets you trade in 16 base currencies. Verify fees and account availability at Plus500 in our in-depth reviews.
The steps for opening an account at Plus500 are straightforward. You have to select a brokerage account, submit your personal information, and upload proof of identity. After you go through these standard steps, you will review the information and sign a virtual contract. As soon as your account is confirmed, you will begin transferring funds. Once the funds complete the transfer, you’ll start trading.
Plus500 is a top choice for online trading in 2021 because of its smooth account opening process. It offers a rapid service with a focus on safety and security. Read our in-depth reviews to learn more about Plus500.
Plus500 compared to other brokers:
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All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.