Plus500 is a reputable futures trading platform. But did you know it now offers prediction markets across several categories? It does, and my Plus500 review has the important details you'd want to know before signing up.
I'll be sharing everything with you, such as its range of prediction markets across sports, politics, crypto, entertainment, climate and weather, and eight other categories. The brand covers popular real-life events, and you trade your predictions as event contracts. You'll also find out how the overall trading experience holds up and if there are any Plus500 bonuses available.
Plus500 is a top-tier trading brand that offers futures across stock indexes, forex, and crypto. But it just launched its prediction markets section, where you can trade on what could happen in the real world.
There are no fewer than twelve prediction market categories spanning sports, politics, crypto, entertainment, and a lot more. Each category has several prediction markets that ask direct questions, and you then choose Yes or No contracts based on whether you think that event will happen in the future or not.
Event contract prices are pretty low, ranging from $0.01 to $0.99, and these prices aren't fixed by Plus500. Instead, contract prices are based on trading activity. If more traders are going for a specific contract, the price will likely get bumped up due to the increased demand. The reverse happens as prices may drop if traders start selling off their contracts in that market.
Contract prices also indicate the market’s perception of the probability of the outcome. If a Yes contract is trading at $0.71, it means the market believes there's a 71% chance that the event will happen in the real world.
When a market resolves, correct contracts settle at $1 while incorrect contracts settle at $0. An upside to prediction markets is that you aren't stuck with your position, as you can usually sell your contracts before the event is settled if you want to lock in a profit or cut your losses early.
Still, since prediction markets are P2P, it is possible to be stuck with a position if there aren’t any traders willing to buy at the price you want to sell. Or if the market is having liquidity issues. Make sure you always trade responsibly, and never buy predictions with money you can’t afford to lose.
Prediction market sites aren’t always big on bonuses, so I wasn’t too surprised to find that there are no specific bonuses for predictions at the time of this Plus500 review.
I spotted a first deposit bonus and referral commissions, but these can only be used for futures trading. Could a Plus500 bonus for prediction markets show up in the future? It’s possible. If one does, I’ll have this guide and the banners on this page updated with the latest offer, so you may want to keep it bookmarked.
So what events can you trade predictions on? A lot actually. My Plus500 review found an array of contracts spanning 12 categories. Sports is one of the busiest sections, with 15 sports and major leagues and tournaments all covered. But there are also markets for crypto, politics, culture, economics, and climate and weather.
One reason why there are so many positive Plus500 reviews is how incredibly simple the site is to use. Everything is well categorized, so if you're a beginner or a pro who doesn’t like complicated setups, you'll probably enjoy trading here.
This doesn’t mean the features run thin. Quite the opposite. Market categories are grouped into subsections, and there are charts, settlement rules, trade volume, and of course, Yes/No contract prices. But it’s all arranged in a way that’s easy to scan through.
The left pane has the main market categories, including sports, politics, crypto, entertainment, economics, companies, commodities, and climate and weather. You’ll also find your account, demo mode, Trading Academy, Prediction Markets Explained, terms, and contact options in the hamburger menu.
The middle pane lists about 12 broad categories consisting of hundreds of markets. You can simply browse through each category or use the search and filter options to sort markets by their frequency, total volume, and even probability.
Clicking on a prediction market will load up the event contract details on the right pane, where you’ll find the charts, trading info, fees, settlement rules, and trade history for six hours, one day, one week, one month, or all time.
This was particularly useful because it helped me spot recent activity and other traders' sentiment. I didn't experience any issues or lag during this Plus500 review or even afterwards.
Mobile apps are super convenient, especially with how fast prediction markets react to new information. Plus500 has a nifty app that can be downloaded on iOS and Android devices, and app notifications could be turned on if you prefer. Doing so makes it easier to make timely decisions, track new information as it comes in, and watch how the market reacts.
The apps have good ratings too. At the time of writing this Plus500 review, the app has a 4.4 rating from more than 125,000 reviews on Google Play, while the App Store version has a 4.7 rating from over 10,000 ratings. The website version gets pass marks from me, but the mobile app delivered a much better trading experience.
Customer support can be hit or miss at some prediction market sites, but not at Plus500. This was easily one of my best experiences with a support team, and options include 24/7 live chat, email, or the detailed help center.
Live chat is always my go-to, and I didn’t have to go through a bot before getting help from a human agent. I've contacted them on several issues, from the availability of prediction-specific bonuses to verification and a few similar issues.
There’s also a timer that shows how long you have to wait before getting connected to an agent. It’s a very tiny detail but I found it to be quite helpful, especially since I don’t enjoy waiting endlessly. No one does, right?
There's a detailed help center that may help you sort out the issue yourself, as it contains answers to the most frequently asked questions. Email support is also available, but responses can take an average of two hours in my experience.
Funding your account is easy, and the minimum deposit is set at $10 for debit cards and $200 for wire transfers. You can make deposits using debit cards like Visa and Mastercard, digital wallets like Apple Pay, and via wire transfer. Plus500 doesn't charge any fees for deposits, but payments using credit cards and prepaid cards are barred.
Withdrawals are usually sent back to the same payment method you used for deposits. During this Plus500 review I noticed that there's a flat 1.75% withdrawal processing fee for all payment methods. The minimum withdrawal fee is pegged at $1, while the maximum is $150. It's not unusual to find withdrawal fees in this space, and 1.75% is on par with what other brands charge. Plus500 withdrawals can take up to three business days, but I usually receive mine within a day.
Yes, it is. Plus500 is a safe and legit prediction markets brand that is operated through Plus500US Financial Services LLC, a subsidiary of Plus500US Inc. The brand is regulated by the Commodity Futures Trading Commission (CFTC), and this means it's held to very high standards to make sure it offers fair and transparent contract trading services for users in the United States. It's also a member of the National Futures Association, with NFA ID number 0001398.
Before registering at any prediction market site, it’s always best to first check that it ticks all the necessary legal boxes and uses top-notch security tech to protect your personal and financial data. And based on my findings during this Plus500 review, it meets those checks.
There’s been a surge in prediction markets, and I totally get why. If you're knowledgeable about a specific topic or just want to guess how a real-world event may happen, Plus500 lets you trade on it with Yes or No contracts. There are extensive and well-categorized markets, a nifty app for on-the-go trading, and Plus500 is regulated by the CFTC.
Not having a prediction bonus is a bummer, but this could change in the future as the brand’s prediction markets section is still new. Plus500 also has several other upsides, and it's a good option if you're new to prediction markets or an expert trader who wants all the features in a hassle-free trading experience.
So, do you think the Fed will cut rates at its next meeting? Or have an opinion on which world leaders will leave office in 2026? You can make your predictions at Plus500. There are plenty of markets to choose from, and you can get started by visiting Plus500 through the banners on this page, signing up, and placing your first trade.
Yes, Plus500 is legit from all my checks. Plus500US Financial Services LLC is regulated by the Commodity Futures Trading Commission (CFTC) and the brand is also a member of the National Futures Association (NFA).
Plus500 prediction markets let you trade Yes or No event contracts based on what you think could happen in the real world. Correct contracts settle at $1 and you make a profit, while incorrect contracts settle at $0 and you lose what was spent to purchase them. Nothing more.
Not right now. I didn't find a specific bonus for prediction markets as the current bonuses are for futures trading. But if a bonus gets released, you'll find it highlighted on the banners on this page.