Plus500 has entered the prediction market scene with its trading app. As it’s licensed in multiple jurisdictions, many traders seek confirmation that the app is accessible in their area. But where is Plus500 available?
In this guide, we’ll dig deep into the details of where you can access the site, along with how to download the app and get started enjoying all the markets available on this prediction platform. This will serve as a walkthrough for your journey in learning all about prediction markets, and why it is worth trying.
What States Is Plus500 Available In?
While we were finishing up with our
Plus500 prediction market review, we wanted to clarify exactly where the app is available. After speaking with the support team, we are pleased to confirm that Plus500 is available in all 50 US states. While there may be some market restrictions in select states, the app will be available in some form.
Plus500 operates as a Futures Commission Merchant (FCM). The platform is regulated by the Commodity Futures Trading Commission (CFTC), which is an independent agency, and is a member of the National Futures Association (NFA). As a CFTC-regulated app, Plus500 is federally approved. Of course, that doesn’t rule out individual states from having some power and say over the availability. While Plus500 has its virtual doors open to all states, it might not always be the case.
Who Can Access Prediction Markets at Plus500?
Now that you know the Plus500 prediction markets are open to all US residents, that addresses concerns about whether it’s accessible in your area. Just keep in mind that this is always subject to change. Rules and regulations are changing and being debated, so you are advised to stay updated with your local laws.
With that in mind, the only other rule you need to concern yourself with regarding your eligibility is the minimum age requirement. Provided that you are 18+ years old, you may access Plus500 and start trading. You will be asked to verify your age, identity, and location, so make sure you comply with the rules beforehand.
| Regulation: | CFTC |
| Minimum Age Requirement: | 18+ years old |
| Eligible States: | All 50 US states |
| Available Prediction Markets: | Sports, Crypto, Weather, Economics, Politics, Commodities, and more |
Answering Common Questions About Plus500’s Availability
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Plus500’s prediction trading interface
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Predict real-world outcomes with Plus500
Now that you know the situation, we will walk you through some of the most commonly asked questions. These are questions we hear all the time, so it’s worth browsing them in case they are queries you resonate with.
How Does Plus500 Know Where I’m Located?
Your location is important because not everyone in the world will have access to Plus500 or its prediction markets. To keep the app compliant, there is geolocation software enabled. This means that the app will pick up on where you are located and tell you if you are not in an eligible state or area.
Why Do I Need to Do a Verification Check?
You will be asked to complete an in-depth verification after registration to prove that you are an eligible player. This check will request documents that prove your age, identity, and location. For example, proof of identity can include a passport or driver’s license. For address verification, you could upload a copy of a recent utility bill or bank statement. By doing these checks, Plus500 knows that every active user is permitted to be there.
What Do I Do to Check If Plus500 Is Available to Me?
There are a few ways to confirm your eligibility. All you need to do is read the T&Cs or reach out to the support team via live chat. Look to confirm that you are in an available state, the minimum age requirement, and whether all markets are available in your area. Seek to clarify any additional restrictions, too.
Pros and Cons of Plus500’s Accessibility
The availability of prediction market platforms in the US can be a little complicated. With the rules changing all the time, many traders aren’t sure where they stand. This is why we created this guide. Thankfully, Plus500 is currently available in all 50 states, so you don’t need to worry about any hard-and-fast restrictions. Of course, that doesn’t mean that there aren’t any downsides.
Pros and Cons
- Widely available
- Federally regulated
- Clear and reasonable T&Cs
Conclusion: Plus500’s Prediction Markets Welcome Traders Across the US
As you now know, Plus500’s prediction markets are available right across the US. Despite recent movements in various courts and against other prediction market sites, Plus500 has confirmed that its app remains wide open. This means that you can download the Plus500 prediction markets app and create an account without any issue. Of course, if things change, we will update you right here.
The only other aspect to weigh up is that individual markets may be restricted in certain states. So, be mindful of that. It’s worth exploring the available markets in your area to get an idea ahead of opening a new account. In light of this, if you are keen to explore Plus500, all that’s left is for you to tap the promotional banners on this page.
Is Plus500 Legal? FAQs
🌎 Is Plus500 Available in All 50 States?
Yes. Plus500 prediction markets are regulated by the CFTC, which is an independent federal agency. We also clarified with Plus500 directly, and they confirmed that the prediction markets app accepts traders from all states.
🎁 Can I Claim a Bonus at Plus500?
Yes, you can. Plus500 doesn’t have a long list of promotions to claim, but there is a referral program. You will claim a commission-based
Plus500 referral bonus
for your first five referrals. This could get you up to $700 in cash bonuses.
📲 How Do I Join Plus500 in the US?
All you need to do is download the app and create an account. You can start the process by clicking the on-page links and then installing the app on your device. The app is available on iOS and Android, making it compatible with all devices. From there, create an account and complete the verification check to get up and running.
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