Plus500 Minimum Deposit Review

 

The minimum deposit required to open a Plus500 Account is 100 USD. Plus500 offers access to a Single Live Trading Account.

 

 

 

Minimum Deposit – Key Point Quick Overview

 

• ☑️ Overview
• ☑️ Regulation and Safety of Funds
• ☑️ Deposit Fees and Options
• ☑️ Pros and Cons

 

Overview

Plus500 charges a minimum deposit amount of 100 USD.

For individuals entering the trading realm, the initial deposit of 100 USD requested by Plus500 is quite reasonable. Their deposit methods cater to many preferences, offering traditional bank transfers and the convenience of PayPal or Skrill.

Plus500 supports currencies, including USD, EUR, GBP, AUD, and more. This feature will be quite advantageous for traders as it allows them to handle their international transactions efficiently and avoid unnecessary conversion fees.

It’s also important to mention that although Plus500 does not charge any deposit or withdrawal fees, it is worth considering that the fees imposed by our selected payment provider might occasionally affect the total cost.

When it comes to the 100 USD minimum deposit, it’s worth noting that it is quite competitive. However, we strongly urge potential traders to thoroughly evaluate Plus500’s fee structure overall and compare it with other brokers.

This will help you make an informed decision and ensure that Plus500 is aligned with your budget and your trading strategy and goals.

 

 

Regulation and Safety of Funds

 

 

Protection of Client Funds

 

 

 

Deposit Fees and Options

Deposits with Plus500 do not incur any fees. However, third-party provider and bank fees might apply. Below, we delve into the details of each deposit method and provide a generalized step-by-step on using each category.

 

 

How to Make a Deposit with Plus500

 

Bank Wire Transfer:

 

Log into your Plus500 account and go to the “Deposit” area.

 

• Choose “Bank Wire Transfer” as the desired method.
• Choose the preferred currency and input the deposit amount.
• Retrieve the bank information supplied by Plus500.
• Begin the transfer from your bank account with the provided details.

 

Include any necessary reference numbers in the transfer information.

 

Credit or Debit Card:

 

Access your Plus500 account and navigate to the “Deposit” tab.

 

• Select “Credit/Debit Card” as your deposit method.
• Select your currency and enter the amount you want to deposit.
• Enter your card data, including the card number, expiration date, and CVV.
• Verify the transaction through any appropriate security procedures, such as 3D Secure.

 

Confirm the deposit and wait until the funds are deposited into your account.

 

e-Wallets or Payment Gateways:

 

Log in to your Plus500 trading account and open the “Deposit” tab.

 

• Choose your favorite e-wallet or payment gateway (Skrill or PayPal).
• Select your currency and enter the deposit amount.
• Click the button to be sent to your e-wallet or payment gateway login.
• Sign into your e-wallet account and authorize the payment.
• Confirm the purchase and go back to the Plus500 portal.

 

Wait until the money is processed and added to your trading balance.

 

 

Pros and Cons