Plus500 Review (2026)

Plus500, a trading company founded in 2008, gives you access to prediction markets through its platform for eligible U.S. residents. You can trade yes-or-no contracts on sports, politics and elections, crypto, finance and economics, business, entertainment, science and technology, and climate and weather.

If you’re making your first deposit, you can currently get a $20 cash bonus by entering code PLUSPM20 and trading at least $10 in prediction market contracts. Bonus offers are time-limited and can change from time to time, so check the latest offer, expiry date and eligibility requirements before you deposit.

Market Coverage

You can trade yes-or-no event contracts across these categories on Plus500:

Politics

You can follow elections, government decisions, political appointments and presidential approval ratings. Markets can cover who wins an election, whether a bill becomes law or who takes a government role.

Sports

You can trade contracts on sporting outcomes across major U.S. leagues, including the NFL, NBA and MLB. Your access to sports markets depends on your location, so check which events are available in your account.

Crypto

You can predict whether Bitcoin reaches a certain price before a specified deadline. These contracts let you take a position on a defined crypto outcome, with the price target and timeframe set out in the market’s question.

Finance

You can trade on interest rate decisions, inflation, unemployment and other economic or financial outcomes. Coverage also includes company developments and comparisons between assets, such as whether Bitcoin will outperform gold over a stated period.

Other events

You can explore entertainment, celebrity events, science and technology, and climate and weather. Examples have included hurricane counts, celebrity wedding predictions and “mentions” markets, where you predict whether a particular word will come up during a company’s earnings call.

Register at Plus500

Payment Methods & Charges

Plus500 U.S. accepts debit cards, ACH transfers, wire transfers, Apple Pay and Google Pay for account deposits. Plus500 does not charge deposit fees, but credit and prepaid cards are not accepted. The minimum deposit is $10, while wire transfers require at least $200.

Check the minimum for your chosen payment method before making a deposit. When trading prediction markets, you pay a $0.01 commission per contract per side, plus a $0.01 exchange fee per contract. Buying 100 contracts costs $2 in fees, excluding the contract prices.

The commission also applies when you sell contracts before settlement. If you hold contracts until the event ends, winning contracts pay $1 each and losing contracts settle at $0. Plus500's published fee schedule does not list a separate settlement fee, so no additional settlement charge is disclosed.

Withdrawals are available to a bank account or card, with funds generally returned to your original deposit method. Plus500 usually processes withdrawal requests within one to three business days, although your bank may need more time to credit the funds. Your first withdrawal each calendar month is free; further withdrawals incur a 1.75% fee, with a $1 minimum and $150 maximum, regardless of payment method.

Crypto deposits and withdrawals are not listed as supported options, and no separate crypto or blockchain network fee is published for prediction market contracts. Plus500 also states that it charges no platform access, market data, routing or inactivity fees.

Deposits & Withdrawals

You can add money or request a payout through Funds Management in your Plus500 U.S. account. Both options are available on the website and mobile app, so you can manage your payments from the same platform you use for prediction markets.

How to Deposit?

You can fund your account through debit cards, ACH or wire transfers, Apple Pay and Google Pay, depending on the options shown in your account. Check out the steps below:

1. Sign in to your Plus500 account and switch to Real Money mode.

2. Open Funds Management - Deposit. On mobile, you can find this through the app’s menu.

3. Choose an available payment method and enter your deposit amount and payment details.

4. Check the information, then select Submit to send your deposit request.

Complete any account verification Plus500 requests during setup. You will need a government-issued photo ID, such as a driver’s license or passport, and proof of address, such as a utility bill or bank statement issued within the last three months. Your address document should show your name and the address registered on your account.

Plus500 charges no deposit fee and does not accept credit or prepaid cards. The site lists a $10 minimum for debit cards and a $200 minimum for wire transfers.

How to Withdraw?

Before requesting a payout, complete any outstanding account verification and make sure your funds have cleared.

1. Sign in and open Funds Management - Withdrawal.

2. Choose an available withdrawal method, such as a bank transfer or card withdrawal.

3. Enter the amount you want to withdraw and the requested payment details.

4. Review your request, then select Open a Withdrawal. Plus500 normally returns money to the payment method used for your deposit; your selected withdrawal method serves as a backup.

Plus500 normally processes withdrawal requests within one to three business days, with additional time possible at your bank. Your first withdrawal each calendar month has no Plus500 processing fee. Further withdrawals that month cost 1.75% of the requested amount, subject to a $1 minimum fee and a $150 maximum fee.

Welcome Bonus

You can currently claim a $20 cash welcome bonus on Plus500’s U.S. prediction markets platform if you’re a first-time depositor, use promo code PLUSPM20 and trade at least $10 in prediction market contracts.

Once you meet the requirements, Plus500 says you’ll receive the $20 bonus within seven days, and the bonus is eligible for withdrawal under the account’s usual withdrawal rules. The offer is limited to the first 5,000 qualifying customers, with the current terms listing November 30, 2026 as the closing date.

Plus500’s general bonus terms also state that unused bonus balances expire after 90 days, unless otherwise specified. Bonus offers can change from time to time, and Plus500 can amend, restrict or withdraw a promotion, so check the latest bonus amount, expiry date and eligibility terms before making your first deposit.

Register at Plus500

Other Bonuses

You won’t currently find a separate cashback or free-bet offer in Plus500’s published U.S. prediction market promotions. Through Plus500US’s Invite a Friend program, you can earn up to $700 in total rewards, consisting of $100 in commission credits for each of your first four successful referrals and a $300 withdrawable cash bonus for your fifth.

To participate, your account must be funded and have completed at least one trade. Each friend must be a new Plus500US customer aged 18 or older, sign up through your referral link, deposit funds and complete at least one trade within 90 days of their first deposit. You cannot refer yourself, an immediate family member or someone living in your household. Your referral link expires after 30 days, so you’ll need to generate a new one if your friend has not registered by then.

Note: Offers can change from time to time, and the reward available when your friend completes the referral process determines what you receive.

Regulation, Safety & Legitimacy

You trade through Plus500US Financial Services LLC, a Futures Commission Merchant registered with the U.S. Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA ID 0001398).

The company also appears in the CFTC’s published financial reports for registered futures commission merchants, giving you an independent record to check alongside its own disclosures. Its prediction market contracts are offered on regulated exchanges under CFTC oversight.

Plus500 states that it keeps customer funds separate from its own money, while its U.S. website uses SSL-secured connections. You must be 18 or older and complete the required identity checks. During Know Your Customer (KYC) verification, you can be asked for your full name, date of birth, residential address, Social Security or tax identification number, a government-issued photo ID and proof of address.

Additional checks may involve a facial photograph or live image, with consent required for biometric processing.

Register at Plus500

Customer Support

Plus500 U.S. offers 24/7 support via live chat and email. To contact the team by email, complete the Contact Us form and attach any relevant files. There is no call centre.

The help centre covers account verification, deposits, withdrawals and fees. A dedicated prediction markets section explains contracts, pricing, payouts, open interest, trading rules and regulations.

You can also follow Plus500 on Facebook, Instagram, X (formerly Twitter), YouTube, LinkedIn and TikTok for company updates and trading content. Its YouTube presence includes a dedicated Plus500 US channel covering its U.S. trading products, including prediction markets.

Mobile Experience

You can access Plus500’s prediction markets through the free Plus500 Trading & Investing app for iOS and Android. Futures and prediction markets are available in the same app.

To trade, select a market and take a Yes or No position on an event. Prices appear in cents, and open interest shows the number of contracts currently held by traders. The app also offers charting and technical indicators. The iOS version requires iOS 16.0 or iPadOS 16.0 or later.

Plus500 advertises market movement, news and trading opportunity notifications on its U.S. futures demo page, but it does not clearly confirm whether prediction markets support price alerts or notifications when events settle. Check your account settings for available alerts.

User Reviews

Plus500 has a 4.2/5 Trustpilot rating, based on more than 20,000 reviews. This covers its wider business, including CFDs and futures, rather than its U.S. prediction markets specifically.

Users praise the straightforward interface, demo account and learning tools. Some report quick withdrawals and helpful support. Common complaints include withdrawal issues, verification requirements, account restrictions and limited charting tools. Plus500 replies publicly to some complaints, but its responses do not always confirm whether issues were resolved.

Reddit feedback is mixed, with some users liking the app’s design and ease of setup, while others prefer competing platforms. These discussions mainly concern futures and other Plus500 products, and there is no official Reddit rating comparable to Trustpilot’s score.

Overall, reviews offer some insight into Plus500’s wider platform, but there is not enough prediction-market-specific feedback to establish a reliable customer consensus.

Register at Plus500

Final Verdict

Plus500 lets you access Yes/No prediction markets and futures through one mobile app. Markets cover politics, sports, crypto and economic events. Its U.S. operation is a CFTC-registered futures commission merchant and NFA member. You can fund your account using debit cards, bank transfers, Apple Pay or Google Pay.

Trading costs $0.01 per contract, per side, plus a $0.01 exchange charge. Your first withdrawal each calendar month has no processing fee; subsequent withdrawals cost 1.75%, with a $1 minimum and $150 maximum. As a new user, you can get a $20 welcome bonus with code PLUSPM20 after meeting the promotion's requirements, including trading at least $10 in prediction contracts.

Support is available 24/7 through live chat and email, but response times aren't guaranteed. The wider brand has a 4.2/5 Trustpilot rating, though reviews include complaints about withdrawals, verification and account restrictions. This rating doesn't specifically cover U.S. prediction markets. Plus500 is worth considering if you want mobile trading and regulated access.