Is Plus500 Trading Safe?

Is Plus500 Trading Safe?

Is Plus500 Safe? Plus500 is considered low-risk, with an overall trust score of 98 out of 99. Plus500 is publicly traded and does not operate a bank. Plus500 is authorised by three tier-1 regulators (high trust), four tier-2 regulators (average trust), and zero tier-3 regulators (low trust).

What is the minimum deposit for Plus500?

$100
The minimum deposit at Plus500 is $100.

Plus500 ActivTrades
Minimum deposit $100 $500

What is overnight funding on Plus500?

An overnight funding amount is either added to or subtracted from your account when holding a position after a certain time (referred to as the “Overnight Funding Time”).

What percentage does Plus500 take?

The fee is charged as the following: 0.7% mark-up.

Does Plus500 charge overnight fees?

Does Plus500 charge an overnight fee? The overnight funding amount is either added to or subtracted from your account whenever a position is left open after a certain cut-off time (the “Overnight Funding Time”).

What is overnight funding Plus500?

Who is Plus500 and what do they do?

Plus500 is a global fintech firm providing online trading services in contracts for difference (CFDs), in more than 2,500 financial instruments. The company is currently in the process of adding share dealing and futures trading to its offering.

Why is Plus500 considered to be a safe investment?

Plus500 is considered safe because it is listed on a stock exchange, discloses its financials, and is regulated by top-tier regulators. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% of retail investor accounts lose money when trading CFDs with this provider.

What’s the purpose of the Plus500 trading platform?

Plus500 is for the individual or entity that seeks access to a wide range of financial markets with low trading costs and a simple, functional platform on which to place their trades.

How much is the Plus500 inactivity fee?

Plus500 has average non-trading fees. Plus500 charges no withdrawal, account, or deposit fees. On the other hand, there is an inactivity fee of $10 per quarter after 3 months of inactivity. You can save having to pay the inactivity fee if you simply log in to the platform.