Plus 500 Bonus Review - {{add bonus info}}

Bonus offers provide a great opportunity to get extra value when trading on prediction markets, so it’s good to see that there is a Plus 500 welcome bonus where users can get $20 in promotional credit if they trade $10. This is an easy-to-claim promotion, and we’ll provide step-by-step instructions covering how to get and use the offer in this article. We’ve also detailed some additional bonus information about their referral program and provided some tips on how to best use any promotional credit, as well as how to get the most out of the platform in general.

What is the Plus 500 sign-up bonus?

As mentioned in the introduction, new Plus 500 users can get $20 worth of bonus trades if they trade $10. They will also need to have entered the promo code PLUSPM20 when adding funds to their account. Users have 90 days to use the promotional credit, and if they make any returns from their bonus trades, those funds are withdrawable. How to claim the Plus 500 sign-up bonus There are three parts to this promotion: creating a Plus 500 account, qualifying for the bonus and using the bonus. This is a good offer which is easy to claim and use, but just to make it as straightforward as possible, here are the step-by-step instructions for each stage: Stage One:

1. Click any of the links or banners on this web page to head to the Plus 500 website.
2. Make sure you are in the Prediction Markets section of the site (they also offer a futures
3. section) and click the blue ‘Open an account’ button.
4. Enter your email address and select a secure password.
5. Create your account.

Stage Two:

1. Log in and click the ‘Funds’ icon in the left-hand menu.
2. Complete the verification checks, which include verifying your mobile number, confirming your date of birth, Social Security Number and annual income, and providing proof of address and government-issued ID documents.
3. Make a deposit of at least $10, using the promotional code: PLUSPM20.
4. Place at least $10 worth of prediction market trades and wait for them to settle.

Stage Three

1. Correct prediction or not, you will receive $20 worth of bonus trades within seven days of the qualifying trade settlement.
2. You can now use this promotional credit to place additional trades.

How prediction market exchanges like Plus 500 work

When we considered a review of the editorial process, we decided that it was important to make clear exactly how prediction market exchanges work. After all, these are very different to sportsbooks or casinos, with different regulatory bodies because they are entirely different types of platforms (Plus 500 is regulated by the CFTC). This means that prediction market trades in Plus 500 are essentially ‘event contracts’, with each user taking either a ‘Yes’ or a ‘No’ position on a selected outcome. Prediction market probabilities are displayed in percentage terms or their prices, so a market might look something like this: Buffalo Bills to win the Super Bowl:

• Yes – $0.13
• No – $0.88

The odds always add up to slightly more than 100 to take into account the market spread, which means that you cannot profit by simply trading each possible outcome. The less liquidity in a market, the larger that spread is likely to be, but the above example of a 1% spread is about the average for a Plus 500 market. When a market is settled, the correct outcome is settled at 100, and the incorrect outcome is settled at 0. So, if a user placed a $100 trade on ‘No’ in our Super Bowl example, the possible outcomes are as follows:

Super Bowl Outcome	User’s Return	User Profit/Loss
Buffalo Bills win the Super Bowl	$0	$100 loss
Buffalo Bills fail to win the Super Bowl	$112	$12 profit

Additional bonuses available at Plus 500

As well as the Plus 500 registration bonus, there is also a referral program in place, plus the potential for some other promotional offers in the future.

Referral program

Just like other prediction trading platforms, Plus 500 has its own referral program. To qualify for this, users need to access their unique referral code from their Plus 500 account and send it to friends. If their friends sign up using this code and complete the KYC checks and qualifying trades, the user can get bonus commission credit for the first four referrals and withdrawable bonus funds for the fifth withdrawal. Any unused bonus commission credit expires after 180 days. This is a very fair term, with many similar platforms putting much more stringent expiry dates on any bonus credit, such as 30 days or even just a week or two.

Social media promotions

Plus 500 is very active on social media, with accounts on each of the following platforms:

• Facebook
• Instagram
• X
• LinkedIn
• YouTube
• TikTok
• Discord

While these accounts are primarily used to relay global news and how it is affecting the prediction markets, the occasional ad hoc promotional offer may also appear on them, so they are well worth keeping tabs on. You can find a direct link to each of the social media accounts near the foot of the Plus 500 homepage.

VIP program

Unfortunately, there isn’t a VIP program available at Plus 500 at present. However, given that the US prediction market side of the business only opened in 2026, there’s every chance that one may appear further down the line.

Top tips for trading prediction markets at Plus 500

While this may not be a sports review, there are still various different tactics and game plans that prediction market users can implement to get the most out of their experience. With this in mind, we’ve compiled five top tips.

Get to know the markets before trading

Prediction market exchanges are still quite new to most users, so it’s important to know exactly how they work before placing any trades. There’s a comprehensive FAQ section on the Plus 500 website, which provides more information, such as how the markets are priced. Even after reading up on prediction markets, it may also be worth placing very small trades initially, as it can sometimes be easier to get your head around something by actually doing it. By keeping these initial trades small, there’s more room for trial and error.

Look for the markets with the best liquidity

The liquidity of all Plus 500 prediction markets is clearly displayed in dollars, with the higher liquidity markets most likely to give users the clearest picture of the actual probability of each outcome occurring. On top of this, they will have the smallest spreads. As a general rule of thumb, any market with more than $100,000 in liquidity can be considered well-formed. Don’t forget to check this when you’re doing a Plus 500 prediction markets review.

Shop around for the best odds

Although this is a Plus 500 review, we would definitely recommend trading a specific outcome elsewhere if the odds are much better on a different prediction markets platform. Assuming the market is exactly the same, placing a ‘Yes’ trade at 50 rather than 53 is just like buying a pen at one store for $1 instead of the same pen at a different store for $1.10. Plus 500’s prediction markets are powered by Kalshi, but that doesn’t mean that platforms like Polymarket or Gemini won’t sometimes have better odds.

Specialize

When it comes to trading, it’s rarely a good idea to go with ‘gut instinct’. Instead, the prediction market users who do best tend to do a lot of research and specialize in certain categories. If a user knows a lot about movies, but nothing about baseball, it makes much more sense for them to trade on the Plus 500 Oscars or Rotten Tomatoes markets rather than the MLB markets.

Figure out likely losing runs and set aside a trading pot

Depending on whether users trade on low-probability outcomes, high-probability outcomes or a mixture of the two, they will be able to ascertain any likely losing runs and set aside a suitable trading pot. For example, if a user likes to place football handicap trades with odds around 50% on Plus 500, they should have a pot allowing at least 10 losing trades in a row. If they prefer more speculative trades, that pot should be larger, or their trades should be smaller. Of course, at all times, users should only deposit and trade money that they can comfortably afford to lose.

Plus 500 welcome bonus: Pros and cons

Pros

• Easy to claim $20 trading bonus
• 90 days to use the bonus
• Hundreds of markets to use it on
• Any profits can be withdrawn

Cons

• Bonus can take 7 days to be credited
• No additional VIP program

Our verdict: Not the largest welcome bonus but still a great start

Although there are larger bonuses available with other prediction market sites, the ‘trade $10, get $20’ bonus available at Plus 500 is still an excellent start, which gives users the chance to really get a feel for the platform. It’s straightforward to claim – provided users are happy completing the KYC checks – and the 90-day expiry limit is ample time to use the bonus funds. In addition, there’s lots else to like about Plus 500, including its referral program, and of course its huge selection of different prediction markets to trade. Because of this, we think it’s a great option for both newcomers to the prediction market scene and experienced faces alike. To join Plus 500 and take the first steps towards claiming $20 of bonus trades, just click any of the relevant banners or links on this web page.

Plus 500 welcome bonus: FAQs

👍 Is there a mobile app to place the bonus trades on? Yes, there is a highly rated app available to download on both iOS and Android. It is the same as the Plus 500 Futures app, so users will need to switch the toggle to the prediction markets section. 💭 When was Plus 500 launched? Although the Plus 500 prediction markets exchange wasn’t launched in the US until 2026, the Plus 500 company has been operating since 2008 and is a highly credible fintech business. 🌍 Are prediction markets legal in the US? Yes, absolutely. As prediction markets are federally regulated, they are completely legal in the US. Plus 500 is regulated by both the NFA and CFTC, while Kalshi (which powers the Plus 500 prediction markets) is CFTC-regulated.