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Plus500 accounts and how they score
Account range and entry terms feed the rating. Here are Plus500's accounts and the facts the score is built on.
Facts last checked . Read the full Plus500 review.
Accounts
- Minimum deposit
- $100
- Account types
- Retail, Professional, Demo, Swap-Free
- Account currencies
- AUD, USD, EUR, GBP and other region-dependent currencies
- Islamic account
- Yes
- Demo account
- Yes, unlimited
- Professional account
- Yes
- Minimum trade size
- Instrument-dependent; generally from micro-position sizes
- Time to open
- Typically a few minutes
What this means
Plus500 runs 4 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.
Base currencies: AUD, USD, EUR, GBP and other region-dependent currencies. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is Instrument-dependent; generally from micro-position sizes. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Questions about Plus500 accounts
What account types does Plus500 offer?
Plus500 offers 4 account types: Retail, Professional, Demo, Swap-Free.
What is the minimum deposit at Plus500?
The minimum deposit at Plus500 is $100. It can differ by account type and by the entity you register with.
Does Plus500 offer an Islamic account?
Yes. Plus500 offers a swap-free account for clients who need one.
Accounts at brokers under the same regulator
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- ThinkMarkets accounts also licensed by FCA
- CMC Markets accounts also licensed by FCA
- Admirals accounts also licensed by FCA