Deposit at Plus500

Founded in 2008 and authorised and regulated by the Financial Conduct Authority, Plus500 is a leading broker of Contracts for Difference (CFDs). With more than a million traders in 2011, the company has made it to the top in a very short span of time. Plus500 is one of the few brokers in the industry that offers CFDs on shares without charging any commission. The company claims “No commissions!” is proved by the fact that plus500 charges only 2 pip spread per €/$ pair in Forex trading. The most important feature that sets it apart from others in the industry is that Plus500 allows its members to trade on price movements, without having to buy or sell the actual asset or Forex. Moreover, the 1:294 leverage in trading currency pairs enables you to trade with as low as $200 and make as high as $10,000.


  • Established: 2008
  • Minimum Deposit: Not required
  • Minimum Investment: $200
  • Bonus: $20
  • Markets: Shares, Commodities, Forex and Indices
  • Demo Account: Yes
  • Website:
  • Risks: Please note that trading CFDs involves a high risk

Customer Support

The company needs to work on its customer support department as right now it offers assistance via email only. This is something that discourages greenhorn traders considering the issues they face during the first few months of their trading. It is not feasible to write emails for loads of queries that the newcomers have. Plus500 has a multilingual staff that provides customer support in more than 15 languages; however that is not enough in today’s competitive scenario. Having the issue resolved in real time on live chat or phone call is far easier than writing the email and waiting for the reply, especially in the Forex trading market where prices fluctuates almost every second. This is the only factor that negatively affects the review of Plus500.

Deposit Methods and Procedure

Plus500 does not accept any cash remittances. However, it provides several other easy and secure ways of deposit and withdrawal. The detailed process of making transactions can be found in the ‘Funding Your Account’ section of the website. Here we have summarized that process for you. Plus500 allows transfer of funds via MoneyBookers, Visa/MasterCard, Wire Transfer and PayPal. Let’s have a quick look at each of them.


Follow these steps to securely fund your account through MoneyBookers.

  1. Login to your account and open the main trading lobby screen.
  2. Click ‘Funds Management’ and then ‘MoneyBookers’
  3. Enter your MoneyBookers account ID and the amount that you wish to transfer.
  4. You will be routed to the MoneyBookers website, just confirm the transaction and your funds will be transferred.

Credit Cards

This is the quickest way of funding your plus500 account. The cash screen of plus500 is integrated with the Visa/MasterCard transaction and results in instant deposit of funds. Just hit the fund management tab found on the main page. Select Visa/MasterCard from the list. Fill in your credit card details, enter the amount and hit ‘submit’. You will get a confirmation notice within a few seconds.

Wire Transfer

This method may take up to 3 business days for the funds to transfer, which in turn may affect your trading cycle. Also the procedure for depositing money through wire transfer is a bit complex. Select ‘Wire’ on the ‘Funds Management’ screen and hit ‘Send me Wire Details’. You will receive an email instantly providing you the bank details along with the step by step process of executing the transaction.


It follows the same procedure as that in case of MoneyBookers. You just need to select this option from the list, enter the required details and confirm the transfer on Paypal website.

The company’s presence in international arena with a portfolio of over 1000 stocks and 50 Forex pairs makes it quite lucrative for investors. They can invest in a diverse variety of assets and that even on the movement of price without having to trade the underlying asset. Moreover, the easy to use interface, website compatibility with Mac, Linux and plus500 Smartphone apps makes online trading quite easy for the new investors. Also opening up a live account is free as you do not have to pay any deposit amount. On the contrary, you will get a €25 welcome bonus by the company (T&Cs apply). Try it yourself. Register for a free demo account and experience the services of a leading trading platform.

>> Click here to get 25€ to trade, T&Cs apply at Plus 500

If you need help with funding your account you should take a look at their help page in the “funding your account” section.
Plus500 UK LTD is authorised and regulated by the Financial Conduct Authority.