Plus500 Premium fee explained, All you need to know about Plus500 premium account like what is Plus500 premium buy or what is Plus500 premium time. For more information about Plus... more" />

Plus500 Premium

Plus500 Premium fee explained, All you need to know about Plus500 premium account like what is Plus500 premium buy or what is Plus500 premium time. For more information about Plus 500 premium fees you can visit Plus500 review by ForexSQ.com website.

Plus500 Premium Account

An overnight fee, called a “Premium”, is either added or subtracted to/from your account whenever a position is left open after a certain cut-off time (the “Premium Time”).

The formula used to calculate the daily premium fee of a position is: Trade size x Opening Rate x Daily (Buy or Sell) Premium %

The premium time and the daily premium percentage can be found in the “Details” link next to the instrument’s name in the main screen of the trading platform.

Plus500 is mainly compensated for its services through the “market spread”. For example, when trading EUR/USD, if the buy rate is 1.3128 then the sell rate would be 1.3126 respectively (which means a market spread of 2 pips, in this example). Unlike other service providers who also charge commissions on each trade, Plus500 does not charge dealing commissions. However, the following additional fees may be applied:

Plus500 Premium Fees

Premium – An overnight fee, called “Premium” is either added or subtracted to/from your account whenever a position is left open after a certain time (the “Premium Time”). The premium time and the daily premium percentage can be found in the “Details” link next to the instrument’s name in the main screen of the platform.

Inactivity Fee – A fee of up to $10 will be levied, should you not use the trading platform for a period of three months. This is to offset the cost incurred in making the service available, even though it has not been used. However, please note that the fee is only collected from the Real Money account and only when there are sufficient available funds in the account. In order to avoid this fee, simply log into your trading account from time to time, as this is deemed sufficient activity to prevent a fee from being charged.

Plus 500 Premium fees

By this article about Plus 500 Premium fee now you know all about Plus500 premium account like what is Plus500 premium buy or what is Plus500 premium time. For more information about Plus 500 premium fee you can visit Plus500 reviews by TopForexBrokers.com ratings and comparison forex brokers or Fxstay.com Fx trading website.

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