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.
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.
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).
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.
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.
Among the reasons for position closure we have the following:
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.’
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.
A range of unique factors make Futures contracts an enticing way to trade, from high liquidity to large trading volumes.
Bonuses are reflected as a commission credit to your account, so you can trade without paying commissions* until your bonus balance is depleted. You can view your active bonuses in the Funds menu.
When traditional Futures contracts began to grow expensive beyond the reach of the average traders, fractional contracts known as Micro contracts came into use.
When two parties, a buyer and seller, form an agreement for the purchase or sale of an asset at a previously determined time and price, the resulting agreement is known as Futures. Futures are commonly used to trade on a variety of different markets, from Crypto, traditional Indices, and Commodities, to interest rates and more.
On our platform, you can start trading e-mini Futures with as little as $100 as your first deposit, but it is important to remember that your account must contain enough funds to avoid auto-liquidation due to lack of margin resulting from day trading fluctuations.
When trading Futures contracts, you must have a certain level of funds in your account in order for your position to remain open, known as margin.
Broadly speaking, Futures contracts usually start trading on Sunday at 6 p.m. ET, and close on Friday between 4:30 and 5 p.m. ET. On a daily basis, Futures contracts typically start trading at 5 p.m. ET and close the next day at 4 p.m. ET.
Futures trading is different in nature from that of the traditional stock market. Shares represent fractional ownership of an index-listed company, whereas Futures contracts essentially give the trader exposure to an underlying asset, whether it be an agricultural commodity like corn or a Crypto coin like Ethereum.
