I’m always looking to try new prediction market sites, so when a friend recommended Plus500, I was intrigued. With multiple prediction market categories and no Plus500 promo code required, I signed up to experience the site for myself.
At Plus500, I enjoyed making prediction trades on several market categories, including sports, climate, culture, and cryptocurrency. In this review, I’ll explain how Plus500 works, walk you through the promotional offer I claimed, and share a few tips for making better prediction trades on the site. To wrap up, I’ll also answer some frequently asked questions about Plus500.
When I created my Plus500 account, I discovered two main products: Futures and Prediction Markets. I first checked out the Prediction Market section and found several real-world event contracts across categories such as politics, sports, cryptocurrency, climate, economics, and culture.
But here’s the thing. Plus500 lets you trade Yes or No contracts based on how you think real-world events will play out. So, if I choose a “Yes” contract, it means I believe the event outcome will be true. On the other hand, choosing the “No” contract means I don’t see a likelihood of the outcome happening. Then, if your predictions eventually turn out correct, Plus500 settles each contract at $1. If you’re wrong, the contract settles at $0.
What’s more, you can decide how much to trade on each market and buy as many contracts as you want in the same market. Plus500 charges a $0.01 commission per contract. Because Kalshi powers the peer-to-peer prediction market exchange on Plus500, it also charges an extra $0.01 exchange fee, bringing your total fee per contract to $0.02.
Once I understood how Plus500 works, I tried a few trades on different prediction market categories; no Plus500 promo code was needed. Here’s a closer look at my experience:
First, I checked out the sports section and found several markets on popular sports, including soccer, basketball, tennis, football, baseball, golf, and more. I made some trades on event contracts, such as “World Cup finals: Spain vs Argentina,” “2027 Pro Basketball Champion,” and ‘FIFA World Cup: Top 4 Finishing Order,” basing my decisions on trending online news reports at the time of writing this review.
Next, I switched to the politics and crypto sections and found some interesting markets there as well. For politics, I traded on events like “Will Trump be Impeached,” “Will the SAVE Act become Law,” and “Who will be Trump’s next Attorney General.” In the crypto section, I found contracts such as “Will Bitcoin be above $200k by 2027,” “How high will Ethereum get in 2026,” and “Bitcoin price at the end of 2026.” I also tried a few trades in the climate, economic, and culture sections.
As a new Plus500 trader, I received a first deposit offer right after registering my account. However, the offer came as commission credits for Futures trades only.
Here’s how it works: Plus500 gives you a specific amount of commission credits based on how much you deposit, with up to $200 in credits available from your first deposit. Here’s what you can get for each first deposit on the site:
When you make any of the qualifying first deposits and receive the attached bonus, keep in mind that it can only be used for Futures trading on the site. Just like I wasn’t asked to enter any Interactive Brokers promo code to claim my welcome bonus, I didn’t need a Plus500 promo code here either.
Before you can start trading on Plus500 or make your first deposit for the welcome bonus, you’ll need to register for an account first. Here’s a simple step to help you sign up:
Start by clicking the Plus500 banners on this page.
Hit the “Open Account” button to begin your registration.
Choose whether to create an account using your email, Google, Facebook, or Apple account.
If you want to use email, enter your email address and create a unique password.
Agree to the site’s terms and conditions.
Verify your email.
Complete your sign-up by clicking the “Create Account” tab.
I didn’t need any code to register an account at Plus500, which was similar to my experience during my Webull promo code review.
Besides the Plus500 first-deposit welcome offer for Futures trading only, here are other promotions I found during this review:
Plus500 also features a referral program. Unfortunately, the promo is also only available for Futures trading on the site. I wasn’t exactly sure what the referral bonus was, as it varied. But I gathered that you could receive a $100 referral reward for each friend you successfully invite to join the site.
Plus500 also offers a +Premium subscription where you can register to enjoy perks such as Trader Points (TP). The more you trade with real money, the more TP you get and advance through its loyalty tiers. Each tier offers bonuses as redeemable cash added to your account, and they’re withdrawable. But from what I observed during my Plus500 review, the Trader Points system may not apply to prediction trading.
Although there weren’t any promotions for Plus500 prediction exchanges, I wasn’t just focused on claiming the bonuses; I wanted to get the most out of my trades on the site. Here are the trading tips I picked up as a new trader during my Plus500 review:
Before placing a trade on Plus500’s prediction markets, I always make sure to read the contract terms. For instance, all contracts on the site come with an expiration time. Taking note of details like this helps you decide when to exit a position based on your latest findings.
After depositing funds into your Plus500 account, set a budget for how much you’re willing to spend on prediction market trades before placing any orders. When a trader loses several trades back-to-back, they may want to keep trading to recover those losses. That’s why I recommend setting a strict budget for your deposit funds. That way, you won’t chase your losses on contracts that turn out wrong.
After you deposit funds into your account and start trading, I recommend focusing on markets you're familiar with. At Plus500, you’ll find several prediction market categories, so you have plenty of options to start trading.
If sports predictions are more your style, focus on the available markets in the sports section. It’ll help you make more informed trading decisions than someone who doesn’t understand how sports competitions work. You can also learn from your past trades to plan your next moves for futures trades. With this approach, I enjoyed a similarly seamless experience during my ADI PredictStreet promo code review.
The Plus500 website is functional and easy to use, but I still wanted to try trades on its mobile app, and I think you should too. With the app, I could place trades at any time and from anywhere. Even when I was out with friends, I could monitor my positions on certain markets and make last-minute decisions without any hitch.
I had a similar experience with a mobile app during my Gemini Predictions promo code review. To get started, simply visit the App Store or Google Play Store, download the Plus500 mobile app, and enjoy prediction trades on the go.
Some traders ask third parties for help when they encounter issues while placing trades on prediction market sites. This isn’t always a good idea and can sometimes even escalate issues. Instead, whenever you need assistance before trading a contract or your account runs into technical difficulties, make sure to contact Plus500 customer support directly.
You can reach Plus500 through live chat, email, and a dedicated FAQ page. During this review, I tested the live chat and received a response within a minute. In my experience, it didn’t take long to get in touch with the support team after sending a query. So, make sure to contact Plus500 first before turning to any third parties that claim they can help with site-related issues.
Here are some common questions asked about Plus500 promotional offers:
New Plus500 traders don’t need a promo code to register on the site.
Keep in mind that the Plus500 welcome bonus is only for Futures trading. That said, there’s no single fixed first deposit amount for the welcome bonus. As explained earlier, the welcome offer is structured into four tiers for your first deposit. Depending on the tier you choose and the amount you deposit, you’ll receive the corresponding bonus.
At the time of writing this review, I didn’t find any promo at the Plus500 prediction market site.
As long as you’re at least 18 years old, you can create a prediction market account at Plus500 and start trading right away.
After reviewing Plus500, I can say that the prediction market site gave me one of my best experiences for real-world contract trades in my favorite categories, such as sports and politics. With no promo code required, I signed up, deposited funds, and started trading on Plus500.
Though I didn’t like that there were no Plus500 prediction market promos for prediction exchanges on the site, I still found several markets, including niche categories, to trade. From sports, politics, and climate to crypto, culture, and economic events, I had a great time trading contracts on Plus500. Each correct contract I placed settled at $1, and for contracts that turned out wrong, I got nothing ($0).
If all this sounds interesting to you and you’d like to join Plus500, click the banners on this page to sign up, deposit funds into your account, and start trading.
Plus500 lets you trade on multiple market categories, including politics, crypto, culture, sports, economics, technology, and climate.
No. Plus500 doesn’t offer a welcome bonus for prediction market trading. However, there’s a first deposit signup offer that only applies to Futures trading.
Yes, all Plus500 prediction trading features are available to traders via its mobile app on the Google Play Store and Apple App Store. That said, you’ll need to meet the age requirement of 18+ before you can access the Plus500 mobile app.
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