Plus500 Promo Code PLUSPM20 & Review: Trade $10, Get $20 | November 2026

Plus500 added US prediction markets to its trading app in February 2026, with event contracts on sports, politics, crypto, economics and more routed through Kalshi's exchange. New customers who enter Plus500 promo code PLUSPM20 and trade $10 in prediction market contracts get a $20 bonus that can be withdrawn as cash.

I funded an account and worked through every part of the platform from New Mexico: moving money in and out, trading one busy market and one quiet one, holding a position through settlement, two live chat attempts and a round of support emails. Here is what held up and what didn't.

Plus500 Prediction Markets Review: My Verdict

Plus500 earns a 4.1 out of 5 overall, one of the stronger scores among the platforms in GamingToday's guide to the best prediction market sites. Banking is its top category at 4.7, thanks to a $10 minimum on everyday funding methods and no funding or withdrawal fees. Customer Support sits at the bottom at 3.5, because neither of my two live chat attempts reached a person.

• 🎁 Low-bar welcome bonus: Trade $10 with code PLUSPM20 and get $20 that Plus500 confirms is eligible for withdrawal.
• 🏦 Instant banking: My test funding and my test withdrawal both cleared instantly, with no fee on either.
• 💧 Tight pricing on busy markets: Getting into and out of the most active market I tested cost 1.3%.
• 📊 All eight categories live: Every category I track is open, each with roughly 40 or more markets.
• 🧾 Fees shown up front: The $0.02-per-share trading fee appears on the order ticket before you confirm.

The trade-offs are real, though. Live chat never connected me to a person in two tries, and three of my emailed questions went unanswered. Only one of the seven trader-protection tools I look for turned up, closing an account means contacting support, and Plus500 doesn't issue a 1099 for prediction market activity. The welcome bonus is also limited to the first 5,000 new customers and is scheduled to end Nov. 30, 2026.

Here is a quick look at the key details before the full breakdown:

How I Tested Plus500 Prediction Markets

Every score on this page comes from hands-on testing with a funded account, carried out under GamingToday's review process. Here is what I did in each category:

1. Promotions: Claimed code PLUSPM20 against a real $10 trade and confirmed whether the $20 could be withdrawn or was locked as credit.
2. Market coverage: Counted live markets category by category, checked 27 sports leagues one at a time and reviewed how 14 distinct markets settle.
3. Banking: Funded the account, withdrew, and held one position through settlement to time each step.
4. Liquidity: Opened and closed two $10 positions, one in the busiest market on the board and one in a far quieter listing, to measure the real round-trip cost.
5. Customer support: Tried live chat twice and sent a set of questions by email, timing every response.
6. User experience and Responsible Trading: Used the app, mobile web and desktop, then checked for seven standard trader-protection tools.

I'll update this review when Plus500 changes its offer, adds markets or rolls out new trader-protection tools.

Plus500 Promo Code & Promotions | 3.5/5

This score reflects what Plus500's offers are worth once the fine print is applied, not the size of the headline. The current welcome offer runs through promo code PLUSPM20.

What the Plus500 Welcome Offer Is Really Worth

Code PLUSPM20 sets a low bar: trade $10 in prediction market contracts and Plus500 adds a $20 bonus within seven days. When I claimed it against a real $10 trade, the $20 arrived as advertised, and Plus500 confirms the bonus is eligible for withdrawal instead of being locked as trading credit.

The limit is availability, not difficulty. Plus500 restricts the offer to its first 5,000 new customers and lists Nov. 30, 2026 as the end date, so confirm it is still open before you sign up.

Don't Confuse It With the Plus500 Futures Bonus

Plus500's promotions page shows a second bonus table right next to this one, and it belongs to a different product. That table covers Plus500 Futures and scales with the size of your first funding:

• Add $500, get $20
• Add $1,000, get $50
• Add $5,000, get $100
• Add $10,000, get $200

Those Futures bonuses arrive as commission credit that can't be withdrawn, and they have nothing to do with the prediction markets offer above.

Plus500 Referral Program

Plus500 also advertises a referral program: $100 for each of your first four referred friends, plus $300 for the fifth, for a possible $700 in total. Referral links stay active for 30 days, and any bonus balance you don't use expires after 90. I'm describing those terms as Plus500 publishes them.

Plus500 Market Coverage | 4.2/5

This score tracks how deep the market list really runs, category by category and league by league. Plus500 offers all eight of the categories I track, each stocked with roughly 40 or more live markets and fed by order flow from Kalshi.

Where Plus500 Runs Deep

Financial and political contracts are where the most money moves. During my testing window, close to $27 million traded on a single market asking whether the US will confirm alien life, and individual climate and weather listings posted six-figure totals of their own.

Plus500 Sports Markets by League

I checked 27 leagues against a simple bar: five or more live markets counts as real coverage, anything less is a token listing. Fifteen leagues cleared it, including:

• Major US team leagues: NFL, NBA, NHL and MLB
• Global sports: Soccer, tennis, golf and cricket
• Combat sports and esports: MMA/UFC and esports

One caveat from my own test: sports contracts are restricted in New Mexico, where I tested. Every other category was open.

Election Combos and How Markets Settle

Election Combos are Plus500's name for bundling related outcomes into one tradeable position. On a 2026 midterms listing, for example, "Democrats sweep" and "D-House, R-Senate" each trade as a single multi-leg contract.

Settlement rules are mostly clear. Of the 14 distinct markets I reviewed, 12 named a specific source for the result that is independent of the platform and leaves no judgment call. The two that fell short were a crypto listing with vague sourcing and a Tech & Science market that never defined how it resolves.

Search Is the Soft Spot

A search for "women's basketball" skipped several relevant markets, so for now you'll find more by browsing the menus than by typing into the search bar.

Plus500 Banking | 4.7/5

This score measures how quickly and cheaply real money moves, not what a funding page promises. Banking is Plus500's best category, and the table below shows each method I reviewed:

ACH, cards and Apple Pay all share a $10 minimum, while an international wire starts at $200. Plus500 doesn't publish a maximum for any of them.

My Plus500 Funding and Withdrawal Test

Both directions were quick. My test funding cleared instantly, and so did my withdrawal, with no fee charged on either. A market I held through settlement paid its proceeds into my withdrawable balance in roughly two hours.

Plus500 Fees and Fine Print

Plus500 charges a trading fee of $0.02 per share, and it shows that fee on the order ticket before you confirm, not in a help article you have to hunt for. Cash sitting idle in the account earns no interest.

Plus500 Market Depth & Liquidity | 4.3/5

The gap between the price you buy at and the price you can sell at is a real cost, whether or not a platform adds a formal fee on top. I measured it with two $10 positions, both tied to the price of Bitcoin.

Busy Market Test: 1.3% Round Trip

The most active market on the board that day was "Bitcoin price at the end of 2026." My $10 buy order filled at 15.6 cents, and I sold 15 minutes later at 15.4 cents. That works out to a round-trip cost of 1.3%.

Quiet Market Test: 10.9% Round Trip

A far less traded listing, "BTC price on Oct. 30, 2026 at 5pm EDT," told a different story. My entry filled at 64 cents, and exiting a day or two later cost 10.9% of the original position.

Because both contracts track Bitcoin's price, some of that wider gap likely reflects Bitcoin itself moving while I waited, not thin trading alone.

A Real Order Book Behind Every Trade

Both trades ran through a real order book supplied by Plus500's Kalshi partnership, not an automated pricing formula. Neither order slipped through worse prices on the way to being filled.

Plus500 Customer Support | 3.5/5

Plus500 offers two real support channels, live chat and an email contact form. Neither one got me to a person quickly.

Live Chat: Two Attempts, No Human

My first chat quoted a wait of one to two hours and eventually pushed my question to email, where a reply arrived hours later. The second quoted just one to three minutes, then went silent, and nothing ever followed up.

Email: Slower but More Reliable

Email did better. Questions about withdrawal rules and state eligibility both came back with correct answers in roughly 5.5 hours. Three other questions, including one about the dispute process, never got a reply.

Plus500 Dispute Process

Plus500 describes its dispute path as multi-tier, but I couldn't pin down how it works in practice. I found no named arbitration body and no class-action waiver in the materials I reviewed.

Plus500 User Experience & Responsible Trading | 3.9/5

This score covers two things: how well the product works day to day, and which tools Plus500 gives you to keep your trading in check. The first half is strong. The second is where the score takes its hit.

Plus500 App and Website

Prediction markets sit inside Plus500's main app instead of a separate download, and the integration is clean. I found no gaps between the app, mobile web and desktop, and nothing crashed or failed to load. Money locked in open positions never blended into my withdrawable cash figure, and a running profit-and-loss history for every trade was easy to pull up.

Public ratings were strong when I checked: 4.7 on the App Store (11,000-plus reviews), 4.4 on Google Play (119,000-plus) and 4.2 on Trustpilot (roughly 26,000).

Account Gaps to Know About

Two things stood out. Plus500 doesn't issue a 1099 for prediction market activity, so you'll need to export your own trade history, and a tax professional can tell you how to report it. You also can't close your account on your own: every open position has to be closed first, then you have to contact support.

Responsible Trading Tools

I check every prediction market for seven standard trader-protection tools. Plus500 had one of them:

• Age verification: In place
• Funding limit: Not found
• Loss cap: Not found
• Session-time reminder: Not found
• Cool-off option: Not found
• Self-exclusion: Not found
• Crisis-line information: Not found

Is Plus500 Legit?

Here are the documented facts about who runs Plus500's US business, how it is regulated and how customer money is handled, so you can judge for yourself.

Who Runs and Regulates Plus500

The US entity is Plus500US Financial Services LLC, a Futures Commission Merchant registered with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association. Plus500 gained that registration in 2021 when it acquired Cunningham Commodities LLC.

Plus500 doesn't run its own exchange for event contracts. Under a partnership announced in February 2026, its prediction market contracts trade on Kalshi's order books. Kalshi has been a CFTC-designated contract market since 2020 and added a registered clearing organization in August 2024.

How Plus500 Handles Your Funds

Plus500 says on its site that customer funds are held in segregated accounts. It doesn't claim SIPC or FDIC coverage anywhere I looked, which matters because those protections don't automatically extend to a prediction markets account.

The platform is also direct about the risk of running everything electronically. Its terms warn of "unforeseen operational risks associated with human error, systems failures, cyberattack, or inadequate procedures and controls" that could affect an open position. In my testing I found no margin or credit-funded positions.

Where Plus500 Prediction Markets Are Available

Availability depends on where you live. I tested from New Mexico, where every category worked except sports contracts, which are restricted there. Plus500's terms name other states where sports contracts are off-limits, so check the current list for your state before you fund an account. Sports event contracts are not currently available in Michigan.

Identity verification came right after signup. A driver's license worked for me, and Plus500 also lists a passport, military ID, tribal ID and firearm owner's ID as accepted documents. The stated minimum age is 18.

Important Plus500 Disclosures

Keep these points in mind before you open an account:

• You must be at least 18 years old (21 in certain states) and located in a jurisdiction where Plus500 operates to open an account or trade event contracts. Not available in all states.
• Plus500's event contracts are offered on a Designated Contract Market regulated by the U.S. Commodity Futures Trading Commission (CFTC). Event contracts are derivatives products, not sports betting or gambling products, and are not licensed by any state gaming or gambling regulator. Some states dispute whether sports event contracts may be offered to their residents, and availability can change.
• Trading event contracts involves substantial risk of loss. You may lose some or all of the funds you use to trade. Past results do not guarantee future outcomes.
• Nothing on this page constitutes investment, trading, or legal advice, or a recommendation to buy or sell any contract. Content is for general informational purposes only.

Plus500 vs. Other Prediction Markets

I scored Plus500 on the same six-category scorecard as Polymarket, Crypto.com Predictions and OG, so the numbers line up directly:

Plus500 posts the best liquidity score of the four, 0.4 points clear of Polymarket. Customer support runs the other way: all three rivals beat Plus500's 3.5, and OG leads it by a full point.

Plus500 vs. Polymarket

Polymarket edges Plus500 overall, 4.2 to 4.1, with broader market coverage (4.6) and a higher support score. Plus500's advantage is liquidity, where its 4.3 tops Polymarket's 3.9 on this scorecard.

Plus500 vs. Crypto.com Predictions

Crypto.com Predictions scored 3.7 overall. The two tie on promotions at 3.5, but Plus500 is well ahead on market coverage and liquidity, while Crypto.com did better when I needed support.

Plus500 vs. OG

OG scored 3.9, led by a 4.9 for banking and a 4.5 for customer support. Plus500 answers with deeper coverage and a liquidity score more than a full point higher.

More Prediction Market Reviews

Still comparing? Read my reviews of Underdog Predict, Kalshi and Fanatics Markets, or see the full field in GamingToday's prediction markets hub.

Is Plus500 Worth It?

A $10 starting point, a bonus you can withdraw and Kalshi's order books behind every trade make Plus500 a strong fit for cost-conscious traders. It's a weaker fit if you want a full Responsible Trading toolkit or a fast route to a person on live chat. Here is how that breaks down: