Deposits and withdrawals with Plus500 are simple and can be accessed through the platform. Simply choos “Funds management” and then select “withdrawal” or “deposit”. After the method was selected, everything else is pretty self-explanatory – fill in the amount and all the other requested info.
Plus500 minimum deposit is 100 EUR/GBP/USD or equivalents in other currencies chosen for the account.
The methods that can be used are
- credit cards
- debit cards
We really like the fact PayPal is included, especially since it was such a rare occurrence in binary options trading. Note: Plus500 does not offer binary options trading. Please note that not all methods are available in all locations.
Plus500 withdrawals works similarly as deposit from the technical standpoint. The request is usually processed within a day. In order to have an overview of the financial operations on your account just enter “monetary history” which the economics nerds among us found to be a wonderful wordplay on Milton Friedman and Ana Schwartz’s seminal work from 1963.
Plus500 is a regulated CFDs broker, Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909)., while Plus500CY Ltd has Cyprus, CySEC licence. Plus500AU Ltd has ASIC licence, FSP New Zealand Licence and even an South Africa FSP licence, which allows it to provide trading services in most of Europe, UK, South Africa, Australia and New Zealand. The US residents cannot open accounts with Plus500.
[Update] Dec, 2017 Plus500SG Ltd received a Capital Markets License in securities and leveraged fx trading from the Monetary Authority of Singapore.