IS THERE A PLUS500 PROMO CODE FOR PREDICTION MARKETS?

Johnny Covers Sports Betting Expert

9 minute read

If you’re looking for a Plus500 promo code you can type in and claim right now, there isn’t one publicly announced yet.

If Plus500 releases a bonus code later, the expectation (based on how Plus500 describes bonus messaging) is that a banner with the bonus and its details will show up in your Plus500 account, paired with an email notification when you’re eligible. In other words, it’s not something you should have to guess.

WHAT WE KNOW SO FAR

TL;DR

• Plus500 promo code: still TBD. If one goes live, bonus details will appear inside your Plus500 account.
• Fees: Plus500 lists a $0.01 per-contract commission (per side) for prediction markets, and notes exchange and NFA fees may apply.
• First deposit bonus: if you see a first deposit bonus, it’s described as a futures commission credit, not a withdrawable cash bonus. Unused bonus balances expire after 90 days, unless otherwise specified.
• What to watch for next: Plus500 may offer additional bonus promotions over time.

WHAT PLUS500 LAUNCHED IN THE U.S. WITH KALSHI

In early February 2026, Plus500 said it launched event-based prediction markets on its U.S. retail platform, Plus500 Futures, through a partnership with Kalshi. In short, it lets customers trade Plus500 event contracts tied to measurable, real-world outcomes, using Kalshi’s clearing setup.

On Plus500, you’re buying and selling event contracts, and your upside and downside are defined by the price you pay, plus fees.

WHERE THE “REGULATED” PART COMES FROM

Plus500’s launch coverage ties these contracts to Kalshi Klear LLC. Plus, event contracts are overseen by the U.S. Commodity Futures Trading Commission (CFTC), which means this sits in a CFTC-regulated lane, not a state sportsbook license.

WHERE IS PLUS500 AVAILABLE?

You’ll see “all 50 states + DC” tossed around, but access can change fast once event contracts start looking like sports betting. Some state regulators have challenged sports-style event contracts, and the legal back-and-forth is still playing out. So don’t rely on a blanket claim: open the app and see what’s actually available where you live.

WHAT YOU CAN TRADE ON PLUS500 PREDICTION MARKETS

Public launch coverage around Plus500’s prediction markets has mostly pointed to contracts tied to economic, financial, and geopolitical events. But if you look at Plus500’s own Prediction Markets page, the examples don’t stop there. You’ll also see categories like:

• Crypto price targets
• U.S. politics
• Entertainment and pop-culture type markets

In other words, the market list is whatever’s in the app when you open it.

FIRST DEPOSIT BONUS TERMS AND WHAT IT COVERS

If you see a first deposit bonus attached to Plus500 Futures, the platform describes it as a deposit bonus that works as commission credit, not a withdrawable cash bonus.

Here’s how Plus500 describes the mechanics:

• The bonus amount is based on your initial deposit. Offer valid for one-time use.
• Commissions are credited at 50% of the commission rate traded until your commission bonus balance is depleted.
• Unused bonus balances expire after 90 days, excluding Invite A Friend which expires after 180 days, unless otherwise specified.
• Plus500 reserves the right to amend withdraw or restrict this bonus promotion at any time, and says it is the sole arbiter of requirements, terms, and associated issues.
• Plus500 is not liable for any losses you may incur as a result of trading with the bonus.

In short, it’s a fee offset. You don’t “withdraw” it, you use it up through trading.

FIRST DEPOSIT BONUS TIERS (FUTURES)

Plus500’s chart lists these tiers:

HOW TO SIGN UP AND WHERE BONUS DETAILS SHOW UP

1. Download the Plus500 app and create an account, then complete verification. Plus500 notes trading privileges are subject to review and approval, so not every user gets approved.
2. Make your first deposit using the payment methods Plus500 lists on its U.S. prediction markets website (more on that below).
3. Open Prediction Markets from the main menu or top navigation. Each market has its own details page, including the settlement source and the pre defined criteria (also described as certain pre defined criteria) used to grade the outcome.
4. If you’re eligible for any bonus promotion, you should see it inside the app during the funding process, including the deposit screen, and sometimes via email.

Plus500 advertises you can trade prediction markets with as little as $1, while its broader Futures page mentions starting with as little as $100. Always check the app for official terms.

DEMO MODE

Plus500 offers a demo account with unlimited virtual funds. Same markets, same prices, just not real money. If you want reps before you put actual funds down, this is the cleanest way to learn where everything lives on the trading platform.

HOW PLUS500 PREDICTION MARKETS WORK

On Plus500, prediction markets are yes or no event contracts that settle at $1 or $0 when the event resolves. That’s true whether the market is about rates, inflation, politics, or other global markets questions. In short, you’re taking a side on a question that can be checked against a verifiable source.

PRICING, PAYOUTS, AND FEES

Here’s how the contract math works:

• Prices are shown in cents and basically read like a probability. 32¢ is roughly a 32% chance.
• When it settles, the correct side pays $1 and the wrong side pays $0.
• Plus500 says a $0.01 commission applies per contract, per side. Its support pages also note the exchange charges an additional $0.01 fee, and Plus500’s fees page separately notes exchange and NFA fees may apply. So your total cost is commission plus whatever’s applicable on that market.

FOR EXAMPLE

Let's say you trade on a market that says “Will the Federal Reserve cut rates by at least 15 basis points at the next meeting?” If “Yes” is 45¢ and you buy 100 “Yes” contracts:

• Cost: $45, plus fees.
• If “Yes” settles: payout is $100.
• If “No” settles: payout is $0.

So your max loss on a buy position is what you paid, plus fees.

ORDERS, OPEN INTEREST, AND POSITION RULES

Plus500 states that some orders can stay open until someone on the other side accepts your price (or you cancel), while others have to execute immediately and any leftover portion is canceled. That’s why liquidity matters: the price you see is the current market, but it’s not a promise you’ll get that exact price for the full amount you want.

Plus500 also shows open interest under each market, aka the total number of contracts currently held by all traders. Higher open interest usually means it’s easier to buy or sell without getting stuck with only part of your order going through, while lower open interest is where partial fills and wider spreads show up, especially if you’re trying to place a bigger order.

Plus500 also says you can hold multiple contracts on the same side of an event, but you can’t hold both “Yes” and “No” on the same event in the same account.

BANKING EXPERIENCE ON PLUS500

Just like Kalshi, Plus500 offers a straightforward banking process that is tailored towards U.S. users of all shapes and sizes. With an emphasis on speed and security, Plus500 offers familiar options for funding accounts, all of which are detailed below:

DEPOSITS AND WITHDRAWALS

• Visa and Mastercard (credit/debit cards)
• Bank transfer (ACH or wire)
• Apple Pay
• Google Pay

With deposit minimums as low as $1, the process is quick with currency support available for U.S. accounts. Withdrawals are also quick, with Plus500 prioritizing the original deposit source while taking 1-3 business days to process. There are no internal fees for withdrawals on most payment methods, though check with your external institution if concerned.

PLUS500 VS. POLYMARKET

People lump Plus500 and Polymarket together because they’re both “prediction markets” names. But they don’t really live in the same lane.

With Plus500, U.S. access runs through its Kalshi partnership inside Plus500 Futures. The markets you’ll see (and the way they’re set up) tend to track measurable outcomes. Think macro, finance, geopolitics, that kind of thing.

With Polymarket, what most people mean is the crypto-native version that got popular online. If you’re in the U.S., don’t assume the product you can access looks identical to what people talk about on X. Availability and market catalogs depend on the version and where you’re located.

RESPONSIBLE TRADING

Defined risk helps, but it doesn’t stop someone from clicking themselves into a rough week.

Here are a few habits that help:

• If open interest is low, keep the order smaller. Fewer contracts sitting in the market can mean you only get part of what you wanted at your price.
• Don’t let “cheap fees” turn into constant in-and-out trading. Even at 1¢ commissions, it adds up fast if you’re firing off a ton of orders.
• If you’re using the futures first deposit bonus, treat it like a fee coupon, not a payday. It’s commission credit, and unused bonus balances expire after 90 days unless otherwise specified.

CUSTOMER SUPPORT

Plus500’s U.S. support center lists online chat and 24/7 email support, plus a dedicated FAQ area for prediction markets.

VEGAS INSIDER PLUS500 PREDICTION MARKET TIPS

• Start in demo mode first. Get comfortable with the order flow before you move actual funds into a trading account.
• Read the event rules before you buy. Every market has its own settlement source and grading logic, those “certain pre defined criteria” details are where the weird edge cases live.
• Use alerts if you’re the type who watches markets all day. A notification will be sent when your price or a portfolio threshold hits what you set, which beats staring at the app.
• Know the calendar. If you’re trading Fed, CPI, or jobs markets, you want the release and meeting dates on your radar before the headline hits.

PLUS500 PROMO CODE FAQS

WHAT IS THE PLUS500 PROMO CODE?

There’s no public Plus500 promo code for prediction markets right now. If Plus500 releases a bonus code later (including any deposit bonus codes), it says a message with the bonus and the bonus details will show up in your Plus500 account, and a relevant email notification may follow when you’re eligible. If anything needs to be entered, you’ll usually see it during funding on the deposit screen.

IS PLUS500 PREDICTION MARKETS REGULATED AND TAXABLE?

Plus500’s Prediction Markets FAQ says event contracts are overseen by the CFTC. On taxes, Plus500 also notes profits or losses may be subject to U.S. tax reporting, though you should always consult a qualified tax advisor.

IS THERE A FIRST DEPOSIT BONUS?

Yes, but Plus500 describes the first deposit bonus as a futures offer, not a prediction markets offer, and it’s commission credit, not a withdrawable cash bonus. If you’re eligible for such a bonus, the bonus amount is based on your initial deposit, and unused bonus balances expire after 90 days unless otherwise specified.

WHAT DO THE NUMBERS UNDER THE EVENT SHOW?

Those numbers show open interest, meaning the total number of contracts currently held by all traders for that event. Think of it as “how many Plus500 contracts are currently open,” not how many trades happened today.

CAN I HOLD BOTH “YES” AND “NO” ON THE SAME EVENT?

You can hold multiple contracts on the same side of an event, but not on both sides at once in the same account.

Johnny Covers

Johnny Covers has been covering the sports betting and iGaming industries for the better part of the past decade. Along the way, he has written for publications such as All-In Magazine, Sportsbook Review, Golf Monthly, Betting Pros, Sportsbook Review, OddsJam, OddsChecker, CasinoReviews.com, Ribacka Media, and most recently, Better Collective. Johnny is a Pittsburgh native and currently resides in Charleston, SC. More from Johnny Covers