Plus500 payout withdraw
Before you deposit money into your Plus500 account you want of course some sort of guarantee about profits being paid out by Plus500. Is Plus500 a reliable broker and in what ways do they pay out?
Plus500 withdraw money
When you have made enough profits, you can go to Funds Management to have your profits transferred into your own bank account. In fact, it is very easy to withdraw funds from Plus500. You can withdraw your money via Moneybookers or Paypal, via wire transfer, or by check.
• With a Moneybookers or Paypal account you can withdraw your money in the fastest way. Most of the time you will have your money in 2-3 days. A Moneybookers or a Paypal account is cheap and reliable.
• Withdrawing via a bank check takes the most time. For the check to arrive at your bank and the money being transferred to your account could take up to a month. In addition, payout by check will involve additional costs.
• With a wire transfer it takes roughly three to five working days for your money to be on your bank account.
How reliable is Plus500 when it comes to paying?
Plus500 is authorized and regulated by the Financial Conduct Authority, by the Cyprus Securities and Exchange commission, and by the Australian Securities and Investments Commission. which is the financial regulator in England. Furthermore, Plus500 is listed on the London Stock Exchange. This makes it unlikely that Plus500 does not fulfill its responsibilities.
Withdraw Plus500 welcome bonus
*As of March 2017, Plus500 is no longer allowed by the Cysec to offer trading bonuses
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Risk warning: ‘CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.’