Plus 500 deposit bonus
It can be said that when compared with some others in the industry, this is a relatively high minimum deposit, although, with no fees, it can be acceptable if you are a higher volume trader.
My list of forex bonuses
76.4% of retail CFD accounts lose money
Plus500 minimum deposit guide (2021)
Trading with plus500 or any other major forex broker for that matter, you will undoubtedly encounter some trading fees and a minimum deposit.
This is something that we do cover in our plus500 broker review.
Here, however, we have decided to offer a closer analysis of the precise plus500 minimum deposit as it applies to each account type and funding method available.
This should allow you to make the most informed decision possible on whether or not to trade with the broker.
Table of contents
76.4% of retail CFD accounts lose money
Account base currency
As a trader, you will likely already be aware of what a base currency is and how they can make your life as a trader more convenient.
As a trader at plus500 you can have access to a range of currency to select from as your base currency. These include every major currency pair available. The majority of currencies to correspond with that of your location are available. This availability also extends to the ZAR in south africa as a base.
There are just a some exceptions to this as in the case of indonesia. In fact, IDR currency is not accepted as a base currency even though the broker is available and regulated there. They make up for this fact by offering the singapore dollar as an alternative.
A final note is that plus500, although widely available around the world, is not available in a few countries. This includes in the USA, canada, and japan.
Deposit methods
As you would expect from a major broker like plus500, there are a range of deposit methods available for you to choose from. These are not dependant like some brokers on the area where you are regulated, but instead by the country which you live in.
Wire transfer
Wire transfer deposit is of course available with plus500. This is one of the standard deposit methods that you would always anticipate being available from any level of broker. In the case of plus500, no fee is charged from the broker side, but there is the possibility of a fee coming from your bank. This is something that you will need to confirm with them prior to making your deposit.
The minimum plus500 deposit that is acceptable if you are making a wire transfer deposit, is $500.
It can be said that when compared with some others in the industry, this is a relatively high minimum deposit, although, with no fees, it can be acceptable if you are a higher volume trader.
Credit/debit card
Credit or debit card deposits through plus500 are another prerequisite that we expect to be available, and indeed they are. Both visa and mastercard deposits are accepted. Again, there are no fees at all from the plus500 end when you make a deposit using your credit or debit card.
Using this method, the minimum plus500 deposit is a much more reasonable $100.
This is very much in line with what we would consider as an industry standard when talking about minimum deposit amounts.
Ewallet
Plus500 ewallet deposits are available and popular with traders of today. These deposit methods include both skrill and paypal.
There is one particular stipulation here in regard to using skrill as a plus500 deposit method. That is this method is only available from your second deposit. It is not available for the first deposit. No such stipulation is in place for paypal deposits.
With both of these ewallet deposit methods, the minimum plus500 deposit that is acceptable is $100.
This falls in line with some of the more affordable minimum deposits available in the industry. As with other deposit methods, again here, there are no fees levied on these ewallet methods from the broker side.
Did you know that thanks to social trading you don't have to be a trader to earn like one? OPEN AN PLUS500 ACCOUNT AND TRY!
76.4% of retail CFD accounts lose money
Plus500 minimum deposits
Having already looked at the plus500 minimum deposit as it applies to each funding methods, let’s take a moment to examine how this plus500 minimum deposit, if any, is applied to your plus500 account type:
Retail
In the case of plus500, the only account that is available is actually a retail account. This differs from the majority of brokers who will often have two or more account types available.
The plus500 retail account though, is available worldwide as the standard account type, and there is no minimum deposit to be concerned about with this account. The minimum deposit with plus500 is simply that which corresponds to your chosen deposit method as we have looked at above.
To recap quickly, this is either $100 or $500 if you are using a bank wire transfer to fund your account.
Within this type of plus500 account, there are no commissions applied, and fees are kept to a minimum. Unfortunately, there are also no islamic account options available at this time.
Related guides:
Deposit bonus
Unlike some others in the industry, plus500 bonus offers are available to some traders. This does not include those regulated under cysec or the FCA in the UK due to stringent ESMA regulations.
A plus500 first deposit bonus is available though if you are regulated in the global market area, australia, or singapore. These traders can access the bonus once they make a minimum deposit of $300 or the equivalent amount. This bonus is also valid on amounts up to a maximum of $75,000. Essentially, the amount you deposit correlates to the level of the bonus you can receive. This bonus amount which begins from $80 can reach as much as $13,000 in some cases.
The key point to note with this plus500 bonus is that it only becomes accessible once you have reached certain trading goals or amassed a certain number of traderpoints as defined by the broker. Once these targets have been reached, your bonus becomes available. Naturally, the higher the bonus level that you are shooting to achieve, the higher the number of points needed to unlock it.
The final important point to note on the plus500 bonus is that if you have not reached these required trading targets within 90-days of your first deposit, then the bonus amount will expire.
76.4% of retail CFD accounts lose money
Get plus500's special €65 no deposit bonus for 2021
Get special €65 bonus for 2021 on your plus500 trading account.
2021 trades are around the corner. Special €65 bonus for 2021.
Wishing you a new year full of health, happiness, and exciting trades.
2020 proved to be a year of surprising lows and historic highs.
To celebrate 2021, plus500 offers you a € 65 trading bonus, so you can take advantage of new trading opportunities!
Bonus code: NEWYEAR21ID.
So, let’s answer some key questions:
Can I use this money to trade? Absolutely! Go to the deposit screen and enter your code along with your deposit. Upon fulfilling the bonus requirements, the funds will be applied to your account balance. What if it’s still 2020? Good job preparing early! When can I start trading? Once your registration is complete, sign in to your account and get started.
Ready to redeem your bonus?
Plus500
Post tags
Broker service review of plus500, the world's trading machine. Invest in cfds with plus500.
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Hercules.Finance
Sitemap
Services
- Bonds
- Cfds
- Commodities
- Copy trade
- Cryptocurrency
- Energies
- Etfs
- Forex
- Indices
- Metals
- Mirror trade
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Promotions
Community & support
Who is hercules.Finance?
Hercules.Finance is a financial education website powered by a team of financial specialists and IT experts, mainly introduce solutions of forex, CFD and commodity investment, and a number of payment services. With more than 30 partnered companies all over the world, hercules.Finance offers trusted and timely information for investors and users of the services. By referring to hercules.Finance, you can find all latest news/information, financial technical/fundamental analysis, main/exclusive bonus promotions of partnered companies and a number of educational materials of finance. For the list of all partnered companies, please visit here. For more latest information of the website, please visit hercules.Finance.
Risk warning
Foreign exchange and contracts for difference ("cfds") are complex financial products that are traded on margin. Trading forex & cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, forex & cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of forex & cfds is not a reliable indicator of future results. All information on hercules is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of this information. Please note the spreads displayed in the website are all included extra trading commissions, as it shows the whole commissions charged by each broker. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website.
Get plus500's special €65 no deposit bonus for 2021
Get special €65 bonus for 2021 on your plus500 trading account.
2021 trades are around the corner. Special €65 bonus for 2021.
Wishing you a new year full of health, happiness, and exciting trades.
2020 proved to be a year of surprising lows and historic highs.
To celebrate 2021, plus500 offers you a € 65 trading bonus, so you can take advantage of new trading opportunities!
Bonus code: NEWYEAR21ID.
So, let’s answer some key questions:
Can I use this money to trade? Absolutely! Go to the deposit screen and enter your code along with your deposit. Upon fulfilling the bonus requirements, the funds will be applied to your account balance. What if it’s still 2020? Good job preparing early! When can I start trading? Once your registration is complete, sign in to your account and get started.
Ready to redeem your bonus?
Plus500
Post tags
Broker service review of plus500, the world's trading machine. Invest in cfds with plus500.
Comments
Leave a reply cancel reply
This site uses akismet to reduce spam. Learn how your comment data is processed.
This service has not been reviewed yet.
Please post your thoughts and reviews on this page by all means.
Related
Page navigation
Related posts
Features
Windsor brokers loyalty programme
Windsor brokers 20% deposit bonus
Windsor brokers $30 free account
US stocks pre-market trading is now available with exness
FBS 12th anniversary raffle
Land-FX wins the best trading platform award by world forex award
MTN money payment is available for rwanda
Traders trust adds exotic FX pairs - HKD, SGD, CZK, ZAR and more
Interviewing the top forex trader who won the hotforex contest
What's the most profitable forex currency pairs?
Make a deposit to yadix MT4 with perfect money
Hotforex south africa (ZA) now accepts direct online bank transfer deposit
All forex brokers
All crypto-currency exchanges
Latest article
Windsor brokers loyalty programme
Windsor brokers' loyalty programme will reward you for redeemable points.
Windsor brokers 20% deposit bonus
Deposit at least 500 USD to get 20% bonus from windsor brokers.
Windsor brokers $30 free account
Open windsor brokers' $30 free account to start trading without risking your own funds.
US stocks pre-market trading is now available with exness
What is pre-market trading of US stocks? How does it work?
FBS 12th anniversary raffle until 2021/7/1
FBS celebrates the 12th anniversary with prizes totaling $1,200,000.
Land-FX wins the best trading platform award by world forex award
Land-FX MT4 and MT5 are awarded as the best trading platform.
MTN money payment is available for rwanda
Deposit your superforex account with MTN money.
Page navigation
Hercules.Finance
Sitemap
Services
- Bonds
- Cfds
- Commodities
- Copy trade
- Cryptocurrency
- Energies
- Etfs
- Forex
- Indices
- Metals
- Mirror trade
- Social trade
- Stocks
Promotions
Community & support
Who is hercules.Finance?
Hercules.Finance is a financial education website powered by a team of financial specialists and IT experts, mainly introduce solutions of forex, CFD and commodity investment, and a number of payment services. With more than 30 partnered companies all over the world, hercules.Finance offers trusted and timely information for investors and users of the services. By referring to hercules.Finance, you can find all latest news/information, financial technical/fundamental analysis, main/exclusive bonus promotions of partnered companies and a number of educational materials of finance. For the list of all partnered companies, please visit here. For more latest information of the website, please visit hercules.Finance.
Risk warning
Foreign exchange and contracts for difference ("cfds") are complex financial products that are traded on margin. Trading forex & cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, forex & cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of forex & cfds is not a reliable indicator of future results. All information on hercules is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of this information. Please note the spreads displayed in the website are all included extra trading commissions, as it shows the whole commissions charged by each broker. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website.
Plus500 minimum deposit guide (2021)
Trading with plus500 or any other major forex broker for that matter, you will undoubtedly encounter some trading fees and a minimum deposit.
This is something that we do cover in our plus500 broker review.
Here, however, we have decided to offer a closer analysis of the precise plus500 minimum deposit as it applies to each account type and funding method available.
This should allow you to make the most informed decision possible on whether or not to trade with the broker.
Table of contents
76.4% of retail CFD accounts lose money
Account base currency
As a trader, you will likely already be aware of what a base currency is and how they can make your life as a trader more convenient.
As a trader at plus500 you can have access to a range of currency to select from as your base currency. These include every major currency pair available. The majority of currencies to correspond with that of your location are available. This availability also extends to the ZAR in south africa as a base.
There are just a some exceptions to this as in the case of indonesia. In fact, IDR currency is not accepted as a base currency even though the broker is available and regulated there. They make up for this fact by offering the singapore dollar as an alternative.
A final note is that plus500, although widely available around the world, is not available in a few countries. This includes in the USA, canada, and japan.
Deposit methods
As you would expect from a major broker like plus500, there are a range of deposit methods available for you to choose from. These are not dependant like some brokers on the area where you are regulated, but instead by the country which you live in.
Wire transfer
Wire transfer deposit is of course available with plus500. This is one of the standard deposit methods that you would always anticipate being available from any level of broker. In the case of plus500, no fee is charged from the broker side, but there is the possibility of a fee coming from your bank. This is something that you will need to confirm with them prior to making your deposit.
The minimum plus500 deposit that is acceptable if you are making a wire transfer deposit, is $500.
It can be said that when compared with some others in the industry, this is a relatively high minimum deposit, although, with no fees, it can be acceptable if you are a higher volume trader.
Credit/debit card
Credit or debit card deposits through plus500 are another prerequisite that we expect to be available, and indeed they are. Both visa and mastercard deposits are accepted. Again, there are no fees at all from the plus500 end when you make a deposit using your credit or debit card.
Using this method, the minimum plus500 deposit is a much more reasonable $100.
This is very much in line with what we would consider as an industry standard when talking about minimum deposit amounts.
Ewallet
Plus500 ewallet deposits are available and popular with traders of today. These deposit methods include both skrill and paypal.
There is one particular stipulation here in regard to using skrill as a plus500 deposit method. That is this method is only available from your second deposit. It is not available for the first deposit. No such stipulation is in place for paypal deposits.
With both of these ewallet deposit methods, the minimum plus500 deposit that is acceptable is $100.
This falls in line with some of the more affordable minimum deposits available in the industry. As with other deposit methods, again here, there are no fees levied on these ewallet methods from the broker side.
Did you know that thanks to social trading you don't have to be a trader to earn like one? OPEN AN PLUS500 ACCOUNT AND TRY!
76.4% of retail CFD accounts lose money
Plus500 minimum deposits
Having already looked at the plus500 minimum deposit as it applies to each funding methods, let’s take a moment to examine how this plus500 minimum deposit, if any, is applied to your plus500 account type:
Retail
In the case of plus500, the only account that is available is actually a retail account. This differs from the majority of brokers who will often have two or more account types available.
The plus500 retail account though, is available worldwide as the standard account type, and there is no minimum deposit to be concerned about with this account. The minimum deposit with plus500 is simply that which corresponds to your chosen deposit method as we have looked at above.
To recap quickly, this is either $100 or $500 if you are using a bank wire transfer to fund your account.
Within this type of plus500 account, there are no commissions applied, and fees are kept to a minimum. Unfortunately, there are also no islamic account options available at this time.
Related guides:
Deposit bonus
Unlike some others in the industry, plus500 bonus offers are available to some traders. This does not include those regulated under cysec or the FCA in the UK due to stringent ESMA regulations.
A plus500 first deposit bonus is available though if you are regulated in the global market area, australia, or singapore. These traders can access the bonus once they make a minimum deposit of $300 or the equivalent amount. This bonus is also valid on amounts up to a maximum of $75,000. Essentially, the amount you deposit correlates to the level of the bonus you can receive. This bonus amount which begins from $80 can reach as much as $13,000 in some cases.
The key point to note with this plus500 bonus is that it only becomes accessible once you have reached certain trading goals or amassed a certain number of traderpoints as defined by the broker. Once these targets have been reached, your bonus becomes available. Naturally, the higher the bonus level that you are shooting to achieve, the higher the number of points needed to unlock it.
The final important point to note on the plus500 bonus is that if you have not reached these required trading targets within 90-days of your first deposit, then the bonus amount will expire.
76.4% of retail CFD accounts lose money
Plus500 bonus code 2020
Every day you can conduct transactions, get the best offers, and partner code for the best brokers. Plus500.Com selects only the best brokers and shares expert reviews and tips with new traders. We take care of our customers and select only the best promotions, offers, active affiliate codes so that everyone can get the most out of their subscription, make a profit, and enjoy the process. Get the latest offers with an exclusive partner code valid for 2020 right now.
Three most important “bonuses” from plus500 bonus 2020
Plus500 was founded in 2008 and has been constantly developing throughout its existence, offering new and improved conditions for customers; the impressive growth in terms of the products offered is also noticeable. Plus500 cares about its customers and tries to ensure the security of their data in all existing ways, in addition to improving the features available on online trading platforms.
Forex broker offers many bonuses, some of the most important are:
- 25 € free for trading commodity futures, no deposit required;
- No commissions or monthly payments;
- Leverage effect up to 1: 30.
How to register with plus500 bonus?
If you want to trade with a plus500 broker, you must first register on the official plus500 website. Plus500 provides two different trading account options for clients, from which you can choose the appropriate one. Two types of accounts differ in terms of the client’s trading experience: a demo account and a live account.
To register, you must click on the “start trading now” button on the main page of the platform. Each client is given a choice of two options: either register for a live account or for a demo account according to your preferences. You will be redirected to another page where you must provide your personal information in order to register for an account. Important: all records and data are confidential and no one will see them. They are only needed for protection and verification of your legal stability. Next:
- Go to the site and click on the “create account” button in the right corner.
- Enter your email address and create your own password. At this stage, you will be able to access the plus500 platform, but your account will not be fully created.
- Click on the “menu” button in the upper-left corner, and then on “check my account”.
- Enter your first and last name and date of birth.
- Then choose which accounts you want to create.
- Write down where you live and where you pay your taxes. The information must be reliable.
- Enter your residential address.
- A window will appear, you need to agree and accept the terms and conditions.
You are almost finished, but plus500, like most other online forex platforms, wants to check if you have enough knowledge to invest your money on the chosen platform. So you have to answer a few easy questions about online trading. This step is only for your safety, no one wants to robber their clients. We want to make sure that you are aware of your actions, so it would be stupid and too risky to just copy and paste the correct answers to access plus500.
You also have to answer a few questions about your income and savings. If you pass this small test, your account will be fully configured.
Your last step is to deposit money on the platform and start trading.
Plus500 bonus: bonuses from broker
Bonuses for a friend
The program aims to ensure that those who help friends in trading are rewarded. If the user brings a new client to the company (he or she must top up the trading account and trade 5 standard currency lots), then AUD$100 is added to his account. To participate, you need to register and make a deposit.
Bonuses for deposit
All you need to do to get your bonus is to deposit funds to your standard account, for which a bonus of 50% is awarded.
Registration bonus
25 € free for trading commodity futures, no deposit required. It is difficult to come up with an easier way to check the company’s performance, try yourself, and some moves.
Bonus conditions
The main condition for receiving each bonus is that the user must be registered. Plus500 provides its traders with one of the most interesting platforms in the industry. You will enjoy many trading tools that are not available anywhere else. Thanks to its design and clarity, plus500 meets the needs of many users, whether they are experimenting with traders or not. Also, another condition for getting a bonus is to fill out a form confirming the fulfillment of a certain condition. The form can be found on the official website.
The most popular questions are those related to trade.
Question: what is the minimum initial deposit I need to start trading? Answer: the minimum initial deposit required when registering on a live trading account is £100. This is your base capital for investment.
Question: what units of the base currency are accepted for trading at the plus500 level?Answer: the base currency units accepted by plus500 are the australian dollar, euro, and US dollar.
Platform’s quality
The platform design and image quality remain at their best. The layout of the home page is clear and simple, which makes navigation easy, you do not need to guess where to go for a long time to get what you need.
Each product has its own page, so you can carefully track all the options. A feature that cannot be ignored is the multi-language support feature that lets you choose the language that is most suitable for you. This is due to the fact that plus500 tries to make its services accessible and acceptable to customers from different parts of the world.
Affiliate links in social networks on the official page lead customers to the corresponding social network descriptors. Here you can find reviews from different customers about plus500 products. You can also use social networks to communicate with plus500 customer support staff.
Bank options
An essential part of trading is the issue of conducting banking operations, which helps when it comes to depositing or withdrawing funds from your account.
Deposit
Plus500 offers three ways in which you can make a deposit. These include using debit or credit cards, where only visa or mastercard are accepted. In addition to bank transfer methods, plus500 also accepts payments via e-wallets such as paypal and skrill. There are no transaction costs in deposits, and this process takes a minimal amount of time.
Withdrawing funds is easy enough: all you need to do is request a withdrawal and specify the amount to withdraw. When withdrawing funds, the withdrawal channels are the same as the deposit channels and do not have transaction costs, which is also important. However, to finally receive funds, you need to wait from 1-3 business days. This time is spent on checking the entered data and conducting monetary transactions. However, transaction costs may still be incurred if you exceed the set limits.
For mobile devices
The broker provides similar site features for users who have access to the mobile version.
Mobile app
The functions are not very different, and the main advantages remain the same. The app is easy to navigate, all the main parameters are visible.
This program is available on almost any device you can imagine. There are versions for android, iphone, ipad, desktop apps, and a web browser version.
Mobile site
As we have mentioned, plus500 prefers simplicity, but this is not the kind of simplicity where there is an obvious lack of features. This is a more elegant simplicity that provides traders with only the necessary information to avoid clogging the screen and make the trading process as efficient as possible. A compressed version of the site opens on your mobile device.
Our review
Trading with plus500 gives a lot of positive emotions, thanks to a well-designed website and a positive attitude to customers. The interface is simple, spreads are fixed, the deposit’s process is simple, the low minimum deposit is required to open a trading account, there is a large number of trading tools, this broker is licensed by the FCA.
Top 3 plus500 bonus alternatives
There are some good alternative brokers that you can also pay attention to:
- Avatrade is an israeli company. It has been operating since 2006, which gives it an advantage over many other brokers in terms of expertise and experience. Avatrade uses these two factors to its advantage, and it has managed to attract customers all over the world, which is undoubtedly a guarantee of quality. The main factor in avatrade’s success is its nice welcome bonus. Avatrade has two trading accounts: a standard trading account and a demo account. Both serve different interests of clients according to their experience and interests in the field of trading.
- London capital group is another trading broker that can compete with plus500. It has offices in london, where it was established in 1996 with headquarters in the cayman islands. London capital group also has advanced technologies for improving the quality of work with its clients. London capital group provides advanced trading platforms that are very versatile and equipped with features that make trading exploits worthwhile. London capital group is also officially regulated by law, which makes it very reliable when it comes to handling your finances entrusted to it. All this makes it one of the leaders, but it certainly has its disadvantages.
- Bitfinex is a british forex broker that has been operating since 1983. It has been in business for almost 4 decades, which makes it a great alternative to other brokers. Bitfinex is notable for offering betting services that allow you to place bets on the results of selected financial trading instruments that it offers. It has advanced trading platforms that are the actual incentive for the trading strategy of clients from all over the world. Clients are provided with all the necessary assistance, communication is polite and understandable. Visual charts and live news are used. The broker provides a large number of shares for every taste. All of the above gives the right to say that the broker is one of the leaders and definitely deserves attention.
plus500 sign-up bonus – forex no deposit bonus ( 2021 )
Plus500 sign up bonus
Plus500 does not offer traders a first time sign up bonus.
When registering a real account with plus500, traders do not receive a welcome bonus, but traders can, however, can become eligible for a deposit bonus with the first deposit into the trading account.
The deposit bonus offered by plus500 allows traders to earn credit which ranges from ZAR 850 to ZAR 70,000 and is subjected to the minimum deposit along with the trader points that the trader has accumulated.
This bonus is non-withdrawable although the profits thereof can be withdrawn, and demo account holders will not be considered eligible unless they register for a real account.
A welcome bonus, no deposit bonus, or deposit bonus serves as one of the best ways through which brokers can attract new clients or motivate demo account holders to register a real account.
10 best rated forex brokers
MT4, MT5, C trader, R trader
Referral bonus
Plus500 does not offer a referral bonus at the time. The referral bonus offered by numerous brokers revolves around traders referring a friend or family member in registering a real account with the broker and subsequently rewards both the trader and the referral.
There are often strict terms and conditions involved with such bonuses and both referrals and traders need to comply to strict criteria before the bonus terms can be met. Only live trading accounts qualify for such bonuses, demo accounts are not considered eligible.
Additional bonuses, promotions and rewards
Plus500 does not offer any additional rewards and although provision is not made for either a broker bonus or a trading bonus, plus500 has trading conditions that are reasonable when compared to other brokers.
Although traders who open a demo account will not be eligible bonuses, it may encourage them to register for a real account to be able to benefit from first time sign up.
Plus500 does not offer loyal customers cash backs or other trading bonus schemes which may ensure the steady use of trading accounts and encourage trades in higher volumes, and this may deter traders from using the trading account beyond the initial deposit.
This can however be offset by the trading conditions that plus500 offers in comparison to other brokers when comparing both trading and non-trading fees.
Pros and cons
PROS | CONS |
deposit bonus offered | minimum ZAR 4,000 srequired to qualify for deposit bonus |
low minimum deposit required | no rewards for loyal customers |
one account type offered with the option of an islamic/swap-free account along with a demo account offered | no trading bonus |
no broker bonus | |
no welcome bonus, first time sign up bonus, no deposit bonus or referral bonus |
Conclusion
Despite only offering a welcome bonus at the present time, plus500 makes up for this by providing extremely competitive trading conditions that include tight spreads, commission-free trading, numerous financial instruments that can be traded, and more.
Plus500 caters extensively for a variety of traders despite their trading needs or objectives, in addition to being suitable for an array of traders despite their level of experience, whether they are beginners or expert traders.
Plus500 tutorial: deposit and withdrawing money
Plus500 tutorial: how to deposit and withdraw money in your account
Depositing and withdrawing money is simple and a fast process with plus500.
Depositing money
- Login to your plus500 account via the webtrader. Create an new account if you haven’t done it yet.
- Click on ‘real money’.
- Login and in the menu at the left side of the page, click on ‘funds’ -> ‘deposit’.
- Choose your preferred money transfer method. All methods are deposited immediately, except for wire transfer which takes 1-3 business days. Important note: when using a creditcard plus500 asks you for additional verification documents, which are just a copy of the front and back of your creditcard with your name visible. This process might take 5 minutes up to 24 hours, so take this into account! After doing this, the next time you deposit with your creditcard, the money will be deposited immediately. Aa
- After finishing your familiar money transfer method, your deposit will be shown immediately on the top header of the webtrader. Try opening a position immediately!
Withdrawing money
- Login to the webtrader. Choose ‘real money’.
- In the menu at the top left. Click on ‘funds’ -> ‘withdraw’.
- You can only withdraw your money via wire transfer. You need your IBAN + swift and UK accounts will also need their sort code. If you don’t know this, ask your bank or visit your bank’s website. The sort code is usually your branch number.
- After filling out your details, just click on ‘open a withdrawal’.* illustrative prices
Withdrawal status
- To see your withdrawal status. Go to ‘funds’ -> ‘monetary history’.
- On the third column you can see the status of your withdrawal. I noticed that if the cancellation button is still here, the withdrawal has not been checked or processed yet. When this button disappears, your withdrawal is being checked. After approval your withdrawal status changes to: ‘approved, not sent’. When this is changed to ‘approved, sent’, your money is already underway to your bank account and your money is definitely coming in 1-2 business days.
In this screenshot I don’t have any withdrawals yet as I have created a new account so I could make this tutorial.
The topics below are coming soon:
- Plus500 trading methods and tactics
- What are the benefits and disadvantages of plus500?
- Important things to know when trading with plus500
Plus500 minimum deposit – here is the full guide
If you’re interested in trading with plus500, one of the most important things to know is the plus500 minimum deposit. It’s good to know how much you need to invest so you can start trading.
Plus500 is a leading broker and their trading platform is used by millions of people. They have many assets available to trade in including forex, cryptocurrencies, indexes, cfds and stocks.
However if you wish to start trading with the broker. You’ll need to fund first to your account. Each broker has a minimum deposit amount that you need to meet.
Let’s take a look now at the plus500 minimum deposit and how you can add funds to your account.
*‘76.4% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you can afford to take the high risk of losing your money.’
Plus500 minimum deposit amount & fees
One important thing to know is that the broker doesn’t charge a fee! This is a good because you won’t have to deal with any extra costs when depositing money.
The only thing you should be aware of is any extra costs that your bank may charge if you send the money with them. For example if you make a bank transfer, if your provider adds any charges to that.
The minimum deposit amount for plus500 is just $100. So you’ll need to spend $100 to start trading. You can also make it in £/GBP or €/EUR.
Currencies available
As we’ve just mentioned, one important thing to remember is that the broker uses the 3 major currencies of £/GBP, $/USD and €/EUR on their platform. So you can also deposit the money in one of these currencies. For example if you live in europe and your account is set to trade in €/EURO, you can also make the transaction in €100 instead of US dollars.
If you want to start using another currency which the broker doesn’t support. You’ll be charged a currency conversion fee by plus500 to convert it.
Methods available
In order to make the minimum deposit, the broker accepts the following methods:
- Bank/wire transfer –visa or mastercard
- Credit/debit card
- Electronic/ online wallets –skrill or paypal only
All the above can be used, just remember thought that the transfer time can vary depending on which one you use. For example a bank/wire transfer can take from 2 to 3 days till the money shows in your account.
However, for a credit/debit card or electronic wallet transfer the money should be showing in your account instantly. It’s normally very fast.
Making the minimum deposit with plus500
Making the deposit can be done directly from your trading account. Once you have logged into your account, just click on the ‘menu‘ area which is towards the left side of the screen. From there the ‘funds management‘ menu tab will show, here you need to click on the ‘deposit‘ option.
The deposit page will now open and from here you can select the payment method you wish to use. You can also select the amount you want to add. Once finished, confirm the payment by clicking on the ‘make a deposit‘ button.
*‘76.4% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you can afford to take the high risk of losing your money.’
Is plus500 secure?
Plus 500 is a regulated broker which means that they are safe and secure to trade with. For instance your payment information when making the minimum deposit will always be protected.
They are licenced by many financial authorities. These authorities check that they follow legal rules put in place to protect traders. They are licenced by cysec and the financial conduct authority in europe and the UK.
They’re also regulated by many more worldwide. For example in south africa plus500 has an FSP licence, and in australia the broker is licenced by ASIC.
You can be certain that this broker is safe and not a scam.
*‘76.4% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you can afford to take the high risk of losing your money.’
To learn more about the platform plus500 and the broker in general please read the full review.
Author of this article and founder of tradingonlineguide.Com
My aim is to help you increase your trading knowledge with helpful content. I come from an economic background and have a strong passion for forex trading. With more than 6 years in the online trading world, I want to share my financial knowledge so that anyone can develop their investment skills.
In my spare time I enjoy cooking and travelling.
Here you can learn more about our review methodology.
plus500 | $20 no-deposit bonus
- Link: $20 no-deposit bonus from plus500
Latest promotions:
Extra promotions:
Adeel
Belamy
I have lost hope in ever believing that binary options do exist in real because I tried with binary uno and got messed up then I tried with iq option and it was the same when I started requesting for withdrawal. They are all frauds, thank my stars I cam across binaryoptionassetrecovery , com. They helped me get my investments back after all hopes were lost.
Jacknorm
They say they give you 25$ deposit bonus but watch out! After I made the account they gave me less than 5! It depends on the country you live in. To make ANY trade you need around 25 so you are basically forced to make a deposit. Basically is false advertising.
Gyanaranjan sahoo
Gustavo
I open yesterday an account but they don't give me a bonus saying me in live chat what because one regulation they cannot give any bonus.
I open the account misguided because in the site of the company they still offer the bonus.
For a beginning trader its important to choose a broker with negative balance protection. This way, you do not owe the broker money in case you have an account with a negative balance. 500plus doesn't seem to have it.
I recommend forex broker such as XM ,it has a no deposit bonus 30$ ,min. Deposit just 5$ and negative balance protection.
Cheers and happy trading.
Keiron west
I withdrew money on the 3rd march 2016, it is now the 18th march 2016 and I am still waiting, they will tell you to contact plus500 customer service, but I can tell you that is pointless, they work off a script and they do not respond in any sensible time, 1 week and I am still waiting for them to tell me what has happened to my money. I have another big withdrawal from the 15th march 2016 but I doubt I will see that money either, just a bunch of thieves with pretend customer service, better to get in contact with the financial regulation service according to what people who work from other CFD and forex companies, they are well known for not paying. They took my money within seconds of depositing it but refuse to give what I earned. Nothing but thieves, I am completely approved and verified so there is no reason to not deposit my funds into my bank account.
Michele
Una vera truffa, ho aperto un conto e con 25e di bonus ho guadagnato 2600e, ora non vogliono darmi i soldi perchè dicono che ho un altro conto con loro e possono solo darmi un bonus.
[email protected]
A real scam, I opened an account with the 25th bonus I gained the 2600th, now do not want to give me money because they say that I have another account with them and they can only give me a bonus
Natalia krivonos
I received this bonus no deposit 25 euros euros made in 1990 by 6 trading days, when I decided to withdraw 1200, my restricted account appears. Let me not get into it, nor do I answer the email I will denounce the FCA LE I encourage you to do the same and I noted FCA is investigating, greeting
Yo recibi este bonus 25 euros sin deposito hiace 1990 euros en 6 dias haciendo trading, cuando decidi retirar 1200, aparece mi cuenta restringida. No me dejan entrar a ella, ni me contestan el email lo voy a denunciar a la FCA LE animo hacer lo mismo ya la FCA a tomado nota esta investigando, saludo
Haas ali
Becareful. I have been trying to get myself verified. I am from singapore and yes we have very good reputation for being least corrupt country. Yet they seems to reject my national ID indicating that they require expiry date. Since when does your citizenship EXPIRES when you are born and bred in that country and a CITIZEN.
I have not having issues verifying myself in oanda, etoro and fxopen. I think they are just stealing away the profits that i got from their bonus. Got USD20 and now i have about USD90 in my account with 60 trader points. To be honest it is not hard getting the trader points when you regularly trade (close and open new positions).
Now i cant withdraw. Because they simply keep rejecting my ID but accepted my proof of address. Dont make sense right.
Can someone help me make account or whatever can sign up in my country
I N fidel
You know why it's not available in indonesia? Because of the massive amounts of credit card scammers that are based there. They aren't being racist, they're protecting their bottom line by not allowing themselves to be involved with credit card fraud.
Sharkey
Right people, you need 60 trader points to withdraw a bonus, or any profit made from the original bonus.
DO NOT deposit any money into this, verify your phone and receive the free £20 bonus and use it to trade and make a profit. Once you hit 60 tps make a withdrawal (minimum £33) watch out for 5 star reviews and people recommending that you use plus500 they are paid review writers that work for plus500
DON'T BE FOOLED!
I have so far made £89 in 10 days plus the £20 bonus and the £25 document bonus, I got to 60 tps on the first bonus easy now I'm at 24/60 for the £25 bonus. I have not successfully withdrawn any money from plus500 yet but if I do succeed I will post up here with a link to pictures to prove it. So far I enjoy the platform the market values are slightly different to what they should be, I'm sure this is how they earn money. Scam the scammers by doing well and making some profit, good luck to all!
So, let's see, what we have: discover the plus500 minimum deposit needed to open an account, and the best way to do it, depending on base currencies, funding methods and bonuses. At plus 500 deposit bonus
Contents of the article
- My list of forex bonuses
- Plus500 minimum deposit guide (2021)
- Account base currency
- Deposit methods
- Plus500 minimum deposits
- Deposit bonus
- Get plus500's special €65 no deposit bonus for...
- Get special €65 bonus for 2021 on your plus500...
- Plus500
- Post tags
- Comments
- Leave a reply cancel reply
- Related
- Page navigation
- Related posts
- Features
- All forex brokers
- All crypto-currency exchanges
- Latest article
- Page navigation
- Hercules.Finance
- Get plus500's special €65 no deposit bonus for...
- Get special €65 bonus for 2021 on your plus500...
- Plus500
- Post tags
- Comments
- Leave a reply cancel reply
- Related
- Page navigation
- Related posts
- Features
- All forex brokers
- All crypto-currency exchanges
- Latest article
- Page navigation
- Hercules.Finance
- Plus500 minimum deposit guide (2021)
- Account base currency
- Deposit methods
- Plus500 minimum deposits
- Deposit bonus
- Plus500 bonus code 2020
- Three most important “bonuses” from plus500 bonus...
- Plus500 bonus: bonuses from broker
- Bank options
- Our review
- Top 3 plus500 bonus alternatives
- plus500 sign-up bonus – forex no deposit bonus...
- Plus500 sign up bonus
- Referral bonus
- Additional bonuses, promotions and rewards
- Pros and cons
- Conclusion
- Plus500 tutorial: deposit and withdrawing money
- Plus500 tutorial: how to deposit and withdraw...
- Plus500 minimum deposit – here is the full guide
- Plus500 minimum deposit amount & fees
- Making the minimum deposit with plus500
- Is plus500 secure?
- plus500 | $20 no-deposit bonus
- Latest promotions:
- Extra promotions:
- Adeel
- Belamy
- Jacknorm
- Gyanaranjan sahoo
- Gustavo
- Keiron west
- Michele
- Natalia krivonos
- Haas ali
- I N fidel
- Sharkey
Contents of the article
- My list of forex bonuses
- Plus500 minimum deposit guide (2021)
- Account base currency
- Deposit methods
- Plus500 minimum deposits
- Deposit bonus
- Get plus500's special €65 no deposit bonus for...
- Get special €65 bonus for 2021 on your plus500...
- Plus500
- Post tags
- Comments
- Leave a reply cancel reply
- Related
- Page navigation
- Related posts
- Features
- All forex brokers
- All crypto-currency exchanges
- Latest article
- Page navigation
- Hercules.Finance
- Get plus500's special €65 no deposit bonus for...
- Get special €65 bonus for 2021 on your plus500...
- Plus500
- Post tags
- Comments
- Leave a reply cancel reply
- Related
- Page navigation
- Related posts
- Features
- All forex brokers
- All crypto-currency exchanges
- Latest article
- Page navigation
- Hercules.Finance
- Plus500 minimum deposit guide (2021)
- Account base currency
- Deposit methods
- Plus500 minimum deposits
- Deposit bonus
- Plus500 bonus code 2020
- Three most important “bonuses” from plus500 bonus...
- Plus500 bonus: bonuses from broker
- Bank options
- Our review
- Top 3 plus500 bonus alternatives
- plus500 sign-up bonus – forex no deposit bonus...
- Plus500 sign up bonus
- Referral bonus
- Additional bonuses, promotions and rewards
- Pros and cons
- Conclusion
- Plus500 tutorial: deposit and withdrawing money
- Plus500 tutorial: how to deposit and withdraw...
- Plus500 minimum deposit – here is the full guide
- Plus500 minimum deposit amount & fees
- Making the minimum deposit with plus500
- Is plus500 secure?
- plus500 | $20 no-deposit bonus
- Latest promotions:
- Extra promotions:
- Adeel
- Belamy
- Jacknorm
- Gyanaranjan sahoo
- Gustavo
- Keiron west
- Michele
- Natalia krivonos
- Haas ali
- I N fidel
- Sharkey
- Contents of the article
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