What is the cost of trading digital coins on Plus500?

3 answers

• Mar 17, 2022 · 3 years ago
  When trading digital coins on Plus500, there are several costs to consider. Firstly, there is the spread, which is the difference between the buy and sell price of a coin. This is how Plus500 makes money. Additionally, there may be overnight funding charges if you hold positions overnight. These charges vary depending on the coin and market conditions. Finally, there may be fees for depositing or withdrawing funds from your Plus500 account. It's important to carefully review the fee schedule on the Plus500 website to understand all the costs involved in trading digital coins on their platform.
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• Mar 17, 2022 · 3 years ago
  Trading digital coins on Plus500 comes with its own set of costs. The most significant cost is the spread, which is the difference between the buy and sell price of a coin. This is essentially the fee you pay for trading on the platform. Additionally, there may be overnight funding charges if you hold positions overnight. These charges can vary depending on the coin and market conditions. It's important to factor in these costs when considering trading on Plus500.
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• Mar 17, 2022 · 3 years ago
  When it comes to trading digital coins on Plus500, it's important to understand the costs involved. The main cost is the spread, which is the difference between the buy and sell price of a coin. This is how Plus500 makes money. In addition to the spread, there may be overnight funding charges if you hold positions overnight. These charges can vary depending on the coin and market conditions. It's also worth noting that Plus500 does not charge any commission fees. Overall, it's important to carefully consider the costs before trading digital coins on Plus500 or any other platform.
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