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Plus500 Account Opening

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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.

Plus500 ActivTrades Spreadex
Rating5.0 stars5.0 stars4.4 stars
Account opening time1 day1 day1-3 days

This article discusses the Plus500 account opening characteristics.

Pros Cons
• Number of base currenciesNone
• User-friendly
• Fast

Availability

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.

Country Availability
AustraliaYes
CanadaNo
ChinaNo
GermanyYes
Hong KongNo
IndiaNo
IrelandYes
JapanNo
MalaysiaYes
NetherlandsYes
SingaporeYes
South AfricaYes
United Arab EmiratesYes
United KingdomYes
United StatesNo

Requirements

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.

Plus500 ActivTrades Spreadex
Minimum deposit$100$500$0

Accounts

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.

Plus500 ActivTrades Spreadex
Base currencies 1644

Opening accounts

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.

Final Word

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:


Methodology 

The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of online providers. User experience, the mobile experience, customer service, costs and fees, security, the quality of trade executions, the products available on their platforms are all part of our six-month evaluation of a providers’s platform. The rating scale was based on thousands of data points that have been weighted into the scoring system.

Providers were also required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online providers we reviewed.

Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Business24-7 maintains high editorial standards and provides the best advice and recommendations. The products and companies that we review may compensate us when you click on the links on this website. Click below to find out more about our review process and methodology.

Disclosure

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.

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Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

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