Our Fees & Charges

Competitive, Straightforward and With No Surprises
Plus500 offers customers most of its services free of charge, and we are upfront with the few fees we do charge.

Trade and pay 0 fees for

Deposits
Live share CFD prices
Real-time forex quotes
Opening / closing trades
Dynamic charts & graphs
Rolling your position

Buy/Sell Spreads

Milanobroker is mainly compensated for its services through the Buy/Sell (Bid/Ask) spread, so when you open a position, you essentially “pay” the spread. This spread is incorporated into the Milanobroker quoted rates and is not an additional charge or fee payable by you above the quoted rates.

To view the spread for a specific instrument, simply:

  1. Log in to your account.
  2. Search for a specific instrument.
  3. Select the Details icon (i) and scroll down to the Trading Info section.

Additional Fees

The fees below could be applied to your account, depending on your trading activity:
Overnight Funding

An overnight funding amount is either added to or subtracted from your account when holding a position after a certain time (referred to as the “Overnight Funding Time”). 

Currency Conversion Fee

Milanobroker will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account.
The Currency Conversion Fee will be reflected in real time into the unrealised profit and loss of an open position.

Guaranteed Stop Order

A unique order type used to help you manage risks by guaranteeing the stop loss level. If you choose to use this feature, please note that as it guarantees that your position closes at a specific requested rate, it is therefore subject to a wider spread.

Inactivity Fee
A fee of up to USD 10 per month will be levied, should you not log in to your trading account for a period of at least three months. This fee will be charged once a month from that moment onwards, as long as no login is made to the account.

Deposits and Withdrawals

We Don’t Charge Deposit and Withdrawal Fees!

As part of our commitment to offer the best trading conditions available, we cover most payment processing fees. On rare occasions, you may incur fees when transferring money to and from your Plus500 account1. These are determined and levied by your payment issuer or bank, and not by Milanobroker..

1 E.g. for international card transactions, incoming/outgoing bank transfers and transactions using a currency that is not supported (Forex conversion).