Plus500 UK Minimum Deposit Review
For UK Traders
| Plus500 Minimum Deposit | GBP 100 |
|---|---|
| Deposit Methods | Credit/Debit Card,Local Bank Transfer,e-Wallets |
| Account Types | Premium Account |
| Deposit Fees | No fees |
| Account Base Currencies | ZAR, USD, AUD |
| Withdrawal Fees | No fees |
| 💰 Minimum Deposit | $100 |
| 🏧 Minimum Withdrawal | $50 |
| 💱Base currency | USD, GBP, EUR |
| 💨Fastest Deposit Method | Bank Transfer (instant) |
| 🏦Deposit Fees | $0 |
| 🎁Deposit Bonus | No |
| 🐷Online Wallet System | No, deposits go straight into your trading account |
What is Minimum Deposit in Forex?
A minimum deposit in forex means the smallest amount you broker will allow you deposit so as not to attract any fees from the payment provider.
Minimum deposits may also be established to differentiate Professional Accounts from Beginner Accounts.
What is Plus500 Minimum Deposit in the UK?
| 👨Plus500 Deposit Method | ✅Minimum Deposit | 💨Speed |
| Visa/MasterCard | 100 GBP | Instant |
| Skrill | 100 GBP | Instant |
| PayPal | 100 GBP | Instant |
| Local UK Banks | 100 GBP | Instant |
Plus500 minimum deposit is 100 GBP an equivalent of $100.
It is always advisable to deposit above the minimum deposit to allow more free margin in your trading account.
When contemplating how much you should deposit, you should consider the instrument you're trading & the leverage your account is set to.
Let us assume you want to trade a standard lot (100,000 units) of EUR/USD with 1.0844 exchange rate on a 1:30 leverage account setting.
You would need to deposit at least (100,000 units x 1.0844)/30 = $3,615.