What are the fees associated with trading digital currencies on plus500cy?

7 answers

• Bray KirklandMay 12, 2024 · a year ago
  When trading digital currencies on plus500cy, you will encounter several types of fees. The main fee is the spread, which is the difference between the buy and sell price of a currency pair. This spread is how plus500cy makes money. Additionally, there may be overnight funding fees for positions held overnight, as well as inactivity fees for accounts that have been inactive for a certain period of time. It's important to note that plus500cy does not charge any commission fees, so you won't have to worry about paying a percentage of your trades as a fee. Overall, the fees on plus500cy are transparent and clearly stated on their website, so you can easily calculate the costs associated with your trades.
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• Mochamad Akbar MaulanaJul 06, 2021 · 4 years ago
  Trading digital currencies on plus500cy comes with its own set of fees. The most significant fee is the spread, which is the difference between the buy and sell price of a currency pair. This fee is how plus500cy makes a profit. In addition to the spread, there may be overnight funding fees for positions held overnight, as well as inactivity fees for dormant accounts. It's worth noting that plus500cy does not charge any commission fees, so you won't have to worry about paying a percentage of your trades as a fee. The fees on plus500cy are clearly outlined on their website, ensuring transparency and allowing you to calculate the costs involved in your trades.
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• Tayyab syedNov 01, 2024 · 10 months ago
  When it comes to trading digital currencies on plus500cy, you'll encounter various fees. The primary fee is the spread, which is the difference between the buy and sell prices of a currency pair. This spread is how plus500cy generates revenue. Additionally, there may be overnight funding fees for positions held overnight, as well as inactivity fees for accounts that have been inactive for a specific period. It's important to note that plus500cy does not charge any commission fees, so you won't have to worry about a percentage of your trades being deducted as a fee. The fees on plus500cy are transparent and clearly stated on their website, allowing you to easily calculate the costs associated with your trades.
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• khubaibMay 09, 2021 · 4 years ago
  When trading digital currencies on plus500cy, you'll come across various fees. The primary fee is the spread, which represents the difference between the buy and sell prices of a currency pair. This spread is how plus500cy generates its revenue. Additionally, there may be overnight funding fees for positions held overnight, as well as inactivity fees for dormant accounts. It's worth noting that plus500cy does not charge any commission fees, so you won't have to worry about a percentage of your trades being taken as a fee. The fees on plus500cy are clearly disclosed on their website, ensuring transparency and enabling you to easily calculate the costs associated with your trades.
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• OnigiriJan 31, 2024 · 2 years ago
  When it comes to trading digital currencies on plus500cy, you'll encounter various fees. The primary fee is the spread, which is the difference between the buy and sell prices of a currency pair. This spread is how plus500cy makes money. Additionally, there may be overnight funding fees for positions held overnight, as well as inactivity fees for accounts that have been inactive for a specific period. It's important to note that plus500cy does not charge any commission fees, so you won't have to worry about paying a percentage of your trades as a fee. The fees on plus500cy are transparent and clearly stated on their website, allowing you to easily calculate the costs associated with your trades.
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• omar zekriNov 08, 2024 · 10 months ago
  When trading digital currencies on plus500cy, you'll encounter various fees. The primary fee is the spread, which is the difference between the buy and sell prices of a currency pair. This spread is how plus500cy generates its revenue. Additionally, there may be overnight funding fees for positions held overnight, as well as inactivity fees for dormant accounts. It's worth noting that plus500cy does not charge any commission fees, so you won't have to worry about a percentage of your trades being taken as a fee. The fees on plus500cy are clearly disclosed on their website, ensuring transparency and enabling you to easily calculate the costs associated with your trades.
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• OnigiriDec 28, 2022 · 3 years ago
  When it comes to trading digital currencies on plus500cy, you'll encounter various fees. The primary fee is the spread, which is the difference between the buy and sell prices of a currency pair. This spread is how plus500cy makes money. Additionally, there may be overnight funding fees for positions held overnight, as well as inactivity fees for accounts that have been inactive for a specific period. It's important to note that plus500cy does not charge any commission fees, so you won't have to worry about paying a percentage of your trades as a fee. The fees on plus500cy are transparent and clearly stated on their website, allowing you to easily calculate the costs associated with your trades.
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