How to Open an Account on Plus500

Quick Registration and Simple Verification

Signing up on Plus500 is a process that takes between 5 and 10 minutes. You need to complete your details, upload a photo of your identification document, and proof of address. The verification is 100% online and is usually completed within a few hours.

Minimum Deposit and Available Methods

The minimum deposit is $100 for most methods (cards, PayPal, Skrill), and $500 if using a bank transfer. Funds are typically credited the same day, and no deposit fees apply.

WebTrader Platform and Mobile App

Plus500 does not use MT4 or MT5. Instead, it offers its own WebTrader platform, designed to be intuitive, responsive, and easy to use. It also has a mobile app for iOS and Android with full trading features, alerts, and basic technical analysis.

• Account opening in 10 minutes

• Mandatory KYC verification

• Minimum deposit: $100 ($500 by wire)

• Own platform: WebTrader and mobile app

• Interface in over 30 languages

Available Instruments and Trading Conditions

CFDs on Over 2,800 Instruments

With Plus500, you can trade CFDs on over 2,800 assets: 60+ currency pairs, global stocks, commodities, indices, ETFs, cryptocurrencies, and futures. All from a single platform, with no commissions and fast execution.

Commission-Free Model, Variable Spreads

Plus500 does not charge commissions for trading. Instead, it applies a spread that varies depending on the asset. For example, EUR/USD is typically around 1.5 pips. There may also be inactivity fees or charges for withdrawals below the minimum amount.

• CFDs on forex, stocks, ETFs, crypto, and more

• Spreads from 1.5 pips on major pairs

• No commissions for opening or closing trades

• Global instruments on a single platform

• Efficient and transparent execution

Regulation, Costs, and User Type

High Security and Strict Regulation

Plus500 is regulated by leading entities such as the FCA (UK), CySEC (Cyprus), ASIC (Australia), among others. User funds are held in segregated accounts, and the company complies with investor protection regulations in each jurisdiction.

Additional Costs and Risk Management

There are no commissions for trading, but there are spreads and fees for inactivity (after 3 months of non-use) and withdrawals below the minimum. The platform offers negative balance protection and risk management tools like stop loss and trailing stop.

Ideal for Beginners in CFD Trading

Thanks to its clear interface and commission-free model, Plus500 is especially appealing for beginners and occasional CFD traders. It's not the best option for those seeking advanced tools or integration with platforms like MT4.

• Regulated by FCA, ASIC, CySEC, among others

• No commissions, but with fixed spreads

• Funds in segregated accounts

• Negative balance protection

• Ideal for new or intermediate traders