Plus500 offers a good number of account types:
- Plus500 Demo Account
- Plus500 CFD Account
- Plus500 Invest Account
- Plus500 Professional Account
- Plus500 Islamic Account
What types of trading accounts are available at Plus500?
Below you will find a complete list of all account types available to traders on Plus500, with details on features and useful information for choosing.
According to the regulation you trade under and your location, you may find different features as some assets might not be available in your area, as well as different leverage available, with retail clients under FCA and CySEC subject to a 1:30 maximum leverage.
Plus500 CFD account: Best for experienced traders
- Availability: Under ASIC, FCA, CySEC, FMA, MAS, SFSA, and FSCA.
- Markets: Forex, indices, commodities, stocks, options, ETFs, futures, and crypto: 2000+ CFD assets in total (crypto is not available for FCA clients).
- Commissions: You will get charged variable spreads; rollover fees if you hold a position overnight.
- Platforms: Plus500 Webtrader proprietary platform.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:30 (ASIC, FCA, CySEC, FMA, FSCA); 20:1 (MAS); 300:1 (SFSA).
- Special features: Advanced tools, real-time quotes, guaranteed stop loss.
- Account opening: You can start with an unlimited demo, then deposit $100 if you want to switch to a live account.
Plus500 Invest account: Best for stock traders
- Availability: Under FCA, CySEC.
- Markets: Shares, ETFs: 2700+ assets in total.
- Commissions: Commission of $0.006 on US stocks and of 0.045% on UK, Italian, French and German stocks.
- Platforms: Plus500 Webtrader proprietary platform.
- Trade size: From 1 share.
- Leverage: Not available.
- Special features: Free market data, and advanced trading tools.
- Account opening: A demo version is not available for this account type. You need to deposit $100 if you want to start with a live account.
Plus500 professional account: Best for professional traders
- Availability: Under ASIC, FCA, CySEC.
- Markets: Forex, indices, commodities, stocks, options, ETFs, and crypto. 2000+ CFD assets in total (crypto is not available for FCA clients).
- Commissions: You will find variable spreads; CFD assets are subject to rollover fees.
- Platforms: Plus500 Webtrader proprietary platform.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:300.
- Special features: Higher leverage, exclusive benefits, advanced trading tools, and negative balance protection still in place. However, professional accounts lose their ICF rights.
- Account opening: Open a standard Plus500 account, then contact the Plus500 support team to request to switch to professional status and follow their lead.
Plus500 Islamic account: best for Muslim traders
- Availability: Under ASIC, FCA, CySEC, FMA, MAS, SFSA, and FSCA.
- Markets: Forex, indices, commodities, stocks, options, ETFs, and crypto: 2000+ CFD assets in total (crypto is not available for FCA clients).
- Commissions: Variable spreads.
- Platforms: Plus500 Webtrader proprietary platform.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:30 (ASIC, FCA, CySEC, FMA, FSCA); 20:1 (MAS); 300:1 (SFSA).
- Special features: No rollover fees.
- Account opening: To open an Islamic account, you need to contact the support team.
What happens to inactive Plus500 trading accounts?
Plus500 will charge you a $10 monthly fee after the third month of inactivity.
If you don’t have enough funds to pay the fee, Plus500 may decide to close your account.
For this reason, remember to log into your account from time to time.