Question: How much is the cost/commission of Plus500 web trader?
What are the costs and fees involved to trade on Plus500’s Web trader?
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Costs on Plus500’s Web Trader
On Plus500’s Web Trader, there is no additional commissions or fees involved.
The only costs you need to cover is the spread on Plus500’s Web Trader.
The spread on Plus500’s Web Trader is variable are adjusted continuously according to the market spread.
On Plus500’s Web Trader, you can trade with no other costs but only the spread you will see on each price chart.
The spreads on Plus500’s Web Trader may change time to time due to the nature of financial markets.
On Plus500’s Web Trader you can trade with no hidden costs whatsoever.
For more information about the trading condition on Plus500’s Web Trader, visit the page here.
Go to Plus500 Official Website
Cost of Currency Conversion
Although Plus500 makes it clear that there is no cost on the Web Trader, in case you are making a deposit with the currency which is different from the account currency, there will be certain conversion fees involved.
The rate of conversion is decided by the intermediary banks or payment service providers.
For more information about the fees for currency conversions, you may contact your payment service providers or banks.
For the list of all fund deposit and withdrawal methods for Plus500’s web trader, visit the page here.
Go to Plus500 Official Website
Cost of Overnight Swap Points
Swap points are credited or charged for positions carried overnight in the trading server time.
This overnight financing will occur only when you have open positions at the server time 00:00.
It is the interest rate which is charged or credited according to the currency pair and the direction you are trading.
Plus500 runs bonus promotions for traders. Visit the page here to find out more about Plus500’s main deposit bonus and cash back rebate promotion