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Plus500: Minimum Deposit Amount

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The minimum deposit amount helps you decide which broker suits your needs best. Plus500 has a minimum deposit fee of $100. The deposit fee varies depending on the funding option and accounts you opt for.

This article discusses the specifics of minimum deposit amounts at Plus500.

Fees & Funding Options

The Plus500 minimum deposit varies depending on the deposit method you opt for. Funding via credit/debit cards or electronic wallets comes with a $100 fee. If you choose wire transfers, the minimum deposit increases to $500.

  Plus500 ActivTrades Spreadex
Minimum deposit $100 $500 $0

The standard transfer time depends on the funding options. Plus500 allows you to choose between online wallets, credit/debit cards, and wire transfers. Wire transfers are the fastest, followed closely by online wallets.

Pros Cons
Credit/Debit card depositNone
No deposit fee 
Several account base currencies 

Currencies

All trading accounts come with a base currency. The number of base currencies at Plus500 is 16. This is important since you’ll have to pay a currency conversion fee if you deposit in a different currency than the base currency of your trading account.

Plus500 ActivTrades Spreadex
Number of base currencies1644

Plus500 supports major currencies and some less common ones. The best way to save money on the conversion fee is to use a multi-currency digital bank account.

Sending The Minimum Deposit

The general process of funding your Plus500 account is simple. You have to open a brokerage account and verify your information. Afterward, sign in to your account and choose one of the deposit methods. Check your transaction and start the funding process. Usually, you’ll receive an email confirmation, and your deposit will show in your account in a couple of days.

Final Verdict

Plus500 has a smooth minimum deposit process. However, beginners might find it challenging since not all steps are straightforward. Learn more about the funding process at Plus500 from our in-depth reviews.

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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