Plus500 Account Opening

Page Summary

Plus500 is a leading online broker with impressive account opening experience. The service is entirely online and user-friendly. The average time needed for account opening is 24 hours.

Broker Comparison

Plus500 ActivTrades Spreadex
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.

Pros

  • Number of base currencies
  • User-friendly
  • Fast

Cons

  • None

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.

Available in…

Country Availability
Australia Yes
Canada No
China No
Germany Yes
Hong Kong No
India No
Ireland Yes
Japan No
Malaysia Yes
Netherlands Yes
Singapore Yes
South Africa Yes
United Arab Emirates Yes
United Kingdom Yes
United States No

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.

Minimum Deposit Comparison

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.

Base Currencies Comparison

Plus500 ActivTrades Spreadex
Base currencies 16 4 4

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 because of its smooth account opening process. It offers a rapid service, is SSL-secured and a trusted broker. Read our in-depth reviews to learn more about Plus500.

Disclaimer: Forex and CFDs are complex leverage-based products, which carry a high level of risk. These complex products are over-the-counter derivatives and are not suitable for everyone. You must consider whether you understand how these products work and whether you can afford to take the risk of losing your capital. Investing in these products does not provide any entitlement, right or obligation to the underlying financial instrument. The profit and loss are determined by the price movement of the underlying and can expose you to the high risk of losing your capital rapidly. 82% of retail investor accounts lose money when trading CFDs with this provider.

Plus500 compared to other brokers:
Plus500 Review
Plus500 Insights

Disclaimer

eToro is a multi-asset investment platform. The value of your investments may go up or down. Leveraged and speculative product. Not suitable for all investors. You should consider whether you can afford to take the high risk of losing your money. Capital is at risk. Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision. Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk. Crypto assets are unregulated& highly speculative. No consumer protection. Capital at risk.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

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