Disclaimer
✕
Plum is a well-known trading platform globally renowned for its intuitive design and for allowing traders to follow and replicate seasoned investors.
Established in 2007, Plum has grown into a worldwide trading platform offering access to stocks, cryptocurrencies, commodities, forex, and more. Authorized by leading regulators like FCA (UK), CySEC (Cyprus), and ASIC (Australia), it serves both beginners and experienced traders. Its user-friendly interface and broad asset range are key attractions.
Plum promotes a collaborative trading community, enabling users to share insights, discuss strategies, and copy successful traders. Its automation features facilitate rapid order execution, making it ideal for newcomers eager to learn from market veterans.
Through Plum, traders can access international equity markets without incurring commission costs. This cost-effective approach promotes portfolio diversification and broadens market exposure globally.
Beginner traders have the opportunity to use a risk-free demo account with $100,000 to familiarize themselves with the platform, test different trading approaches, and gain confidence before trading with real funds.
For investors who prefer straightforward options, Plum's SmartPortfolios provide customized investment bundles. These portfolios include well-established strategies or focus on niche sectors such as finance or renewable energy, offering a diverse range of investment choices.
Plum enables seamless share trading without commission fees. It's essential to consider other expenses like spreads, overnight financing for CFDs, and withdrawal charges. Here's an overview:
| Fee Type | Description |
|---|---|
| Spreads | Spreads vary depending on the asset class. Major currency pairs like GBP/USD generally have narrower spreads compared to less common cryptocurrency pairs which tend to have wider spreads. |
| Overnight Fees | Additional fees might be applicable for trades executed outside standard market hours on Plum. |
| Withdrawal Fee | A small withdrawal fee may be charged. |
| Inactivity Fee | Recent regulatory updates may impose new restrictions in certain regions. Ensure you check the latest rules applicable to your location. |
Disclaimer:Market dynamics can impact the fee structure, which is subject to change. For the most accurate and recent information, visit Plum.
Register with your email or sign in easily via social media accounts.
Utilize payment services such as credit/debit cards, bank wires, or e-wallets for deposits and withdrawals.
Select from diverse payment options including credit cards, digital wallets, Plum, and others.
Get a feel for the platform with a demo account or start trading live right away.
Eager to begin trading? You can buy stocks, explore cryptocurrencies, or copy top traders’ strategies easily!
Plum adheres to the regulatory standards imposed by recognized authorities such as:
Our high standards ensure that Plum upholds fundamental principles of fund safety, transparency, and investor protection, with client funds held separately from corporate assets.
Plum uses top-tier encryption protocols to secure user data. The platform implements comprehensive anti-money laundering (AML) and know-your-customer (KYC) procedures to prevent illicit activities. Furthermore, Plum provides two-factor authentication (2FA) to bolster account security.
For investors concerned about market swings, a risk control feature limits losses to the initial investment during high volatility. This feature aims to protect traders from significant financial setbacks during unpredictable market conditions.
Create your free Plum account today to start trading commission-free and explore advanced social trading tools.
Sign Up for Your Complimentary Plum Account NowRegistering through our referral link may involve additional charges at no extra cost. Remember, trading carries inherent risks, so only invest what you can afford to lose.
Absolutely, Plum maintains a clear and transparent fee structure with no hidden charges. All applicable fees are clearly detailed in the pricing section based on your trading activities.
The spread reflects the gap between the bid and ask prices of an asset. It fluctuates depending on market activity, volatility, and liquidity.
To avoid overnight fees, close leveraged trades before the market closes or avoid using leverage altogether.
If your deposit exceeds the limit, Plum may restrict additional deposits until your account balance falls within the permissible range. Maintaining deposit amounts within recommended limits facilitates smooth account management.
While Plum allows free transfers between your bank account and trading platform, certain banks may impose transaction fees.
Plum delivers a transparent pricing model with zero commissions on stock trading and clear spreads across multiple asset types. Its fees tend to be more competitive and straightforward than traditional brokers, especially in social and CFD trading.
Overall, Plum provides a well-rounded trading platform combining traditional features with social trading components. Its user-friendly layout, zero-commission stocks, and innovative CopyTrader tool make it attractive to beginners. Although some assets may have higher spreads and fees, the overall experience and vibrant community often justify these costs.