Ionut Zapototchi (Admin)
by on May 1, 2019
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Plus500 pros and cons

Plus500 has a simple, easy to use trading platform, the mobile one is especially well designed. The account opening process is fully digital and seamless. Spreads are competitive, and Plus500 has some innovative solutions, such as cryptocurrency CFDs.

* 80.6% 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.

Trading fees

Plus500 trading fees are low. There is no commission, everything is included in the spread, the difference between the ask and the bid prices.

It is super hard to compare trading fees for CFD brokers. What we did at Brokerchooser? Instead of quoting long fee tables, we compare brokers by calculating all fees of a typical trade for three assets.  

For the assets we chose cleverly and arbitrarily:

  • Apple, a large US stock
  • Vodafone, a large European stock
  • EURUSD, a popular currency pair

The typical trade means buying a position, holding for one week, and selling it. For the volume we chose a $2,000 position for the stocks and $20,000 for the EURUSD.

This super catch-all benchmark includes spreads, commissions and financing costs for all brokers.

Here is the verdict. Plus500 both stock CFD and forex trading fees are low.