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FAQ

Answers to frequently asked questions about Futures and everything you need to know to trade Futures with Plus500.

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How do I verify my account?

Identification document - Driver's license, Photo ID, Firearm Owners ID (FOID), Tribal ID, U.S. Military ID, Passport or Passport Card is used to authenticate your identity. The stated document should show an identity picture, number, full name, date of birth, date of issue and expiry as well as governmental institutions.

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How can I fund my account?

In order to deposit funds, please follow the instructions below:

1. Log in to your trading account’s “Real Money” mode.
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Are there any fees?

The Trading fees that Plus500 Futures charges are a commission fee of $0.49 per Micro contract and $0.89 per Standard contract (per side). There is also an Auto-Liquidation fee of $10 per contract.

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How can I withdraw?

To open a withdrawal request, click on “Funds Management” → “Withdrawal” → then select your preferred withdrawal method → fill in the required fields and click on the "Open a Withdrawal" button (on mobile devices, you can access the “Funds Management” screen from the menu button).

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What are ‘Funds in Transit’ and how might they affect my account equity?

When you deposit funds into your Plus500 Futures account, the settlement duration can take up to three business days. During that time, you are able to trade with these funds, but cannot yet withdraw them.

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How can I extract reports?

The Plus500 Futures Platform allows you to generate a monetary history report, daily and monthly statements by clicking on "Menu" then "Tools" -> "Reports" -> and clicking Show Report/Sent by e-mail.

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How can I close a position?

A position can be closed manually or sometimes automatically. Let’s explain how:

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What is a Futures contract?

A legal contract between two parties aiming to buy or sell, at an agreed-upon future price and date, a particular asset or security is known by the term ‘Futures.’

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What are the different types of Futures contracts?

Plus500 offers a range of diverse categories of Futures contracts, from agriculture, Forex, precious metals, stock Indices, and more. However, the trading mechanism behind all of these contracts is the same, whereby two parties agree to purchase or sell the underlying asset at a predetermined price and date.

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Why trade Futures?

A range of unique factors make Futures contracts an enticing way to trade, from high liquidity to large trading volumes.

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