What is the Plus500 prediction markets new user promo?
This platform offers new users the chance to collect a $20 bonus after the trader makes their first $10 in event-contract trades. If a promo code is required to claim the offer, you’ll find the code right here on the banners on this page. You can use this bonus to make additional trades, or you can even withdraw it if you prefer.
This bonus is smaller than the offers you can get from some other prediction market platforms. For example, if you use a Polymarket referral code, you can often get a $50 bonus after depositing $10. While the Plus500 offer is smaller, it’s still generous. It also offers you a low-risk way to start trading and learning about trading event contracts.
What are prediction markets?
Some of the best prediction markets often list binary outcomes for specific future events, such as up/down, yes/no, win/lose. These events cover a wide variety of topics, including sports, politics, entertainment, climate, crypto and more. Traders purchase event contracts that reflect their predictions. These contracts are priced between $0.01 and $0.99, with the price being the probability of a specific outcome, at least according to Plus500 traders. Incorrect contracts settle at $0. Correct contracts settle at $1.
The profit on correct contracts is equal to $1 minus the fee the trader paid for their contract, minus $0.02 in fees for each traded contract. For example, if you purchase a contract for $.40 and you’re correct, you’ll get a $0.58 profit per contract (that’s $0.60 - $0.02 in fees per traded contract).You can learn more about the types of event contracts that are available inside the Plus500 prediction markets review.
Are there other Plus500 predictions market promos available?
Plus500's prediction markets for live events
Plus500’s futures and prediction platform
Plus500’s prediction markets interface
Yes, there is a referral bonus available that traders can receive if both they and their referrals meet certain qualifications. You can refer up to five friends to the site. Once your referral has made a qualifying trade, you’ll get a $100 commission credit bonus for each of your first four referrals. You’ll get a $300 cash bonus for your fifth and final qualified referral. There are a few terms in place for this promo that you need to know about:
- You must fund your account and make at least one trade before you’re eligible to participate in the referral program.
- You’ll be required to use the exact words Plus500 supplies to you to invite your friends to the site.
- You’ll need to pick up a unique referral link from your account.
- The first four referrals provide commission credit bonuses. According to the site, “commissions will be credited at 50% of the commission rate traded until the commission bonus balance is depleted.”
- The final bonus is a $300 cash bonus, which you can use to make trades or you can withdraw it.
- Unused bonus balances expire in 180 days.
Overall, this is similar to the way other prediction platforms run their sites. For example, new users can collect a Moomoo promo code online, or they can use a referral link given to them by a friend.
What about the deposit bonus?
You may have seen a deposit bonus where you get commission credits based on your minimum deposit. For example, if you deposit at least $500, you get $20. According to the promo page on the brand’s website, this deposit bonus is for futures traders, not event-contract traders.
Is there a rewards program available?
Yes, this brand offers a three-tier rewards program with Premium, Elite and Ambassador tiers. You’ll need to collect Trader Points (TP) to reach each tier, starting with 500,000 Trader Points to get to the Premium tier. Unfortunately, the site is not forthcoming about how many Trader Points you’ll get for different activities, and customer service isn’t helpful in this regard either. Customer service has said that each Trader Point is NOT the equivalent of $1. Further, customer support suggests that traders simply track their progress in their accounts to learn how to collect Trader Points and ascend through the tiers.
It’s hard to say if it's worth pursuing the tiers since it’s unclear how much effort it requires. This page will be updated if and when Plus500 provides details about the rewards program, especially with regards to what it takes to collect 1 TP.
How to claim and use the Plus500 predictions market promo
Creating your account is a little more involved than some websites, simply because this brand is regulated and compliant with the Commodities Futures Trading Commission (CFTC). If you’ve signed up on other CFTC-regulated websites, then the following steps will be familiar to you:
- Tap the brand’s banners on this page, being sure to take note of a promo code if one is listed.
- Enter your email and preferred password to get started.
- Provide your personal details when prompted. Note that you can provide your phone number, and in many cases the platform’s third-party provider can automatically fill in your personal details.
- Confirm your phone number.
- Confirm your personal details.
- Log into the site, go to Account, and then tap on Verify.
- Upload the required documents to verify your identity.
- Make a deposit of at least $10 and use a Plus500 predictions market promo code if available.
- Trade at least $10 worth of event contracts.
- Check your account – your $20 bonus should arrive within seven days.
*NOTE: This promo code is the one currently listed on the brand’s website, and it’s good through October 2026. When the offer changes, the bonus code is likely to change as well. Check the Plus500 banners on this page to see what’s currently available. This is similar to other brands. For example, you’ll also find other codes on this website if and when they become available, such as a DraftKings Predict promo code.
Plus500's key trading features and benefits
Plus500’s emphasis on market movement
Plus500’s wide range of tradable markets
5 tips for making the most of your Plus500 predictions market promo codes and other offers
Before you fund your your account or make your first trade, you’ll want to take a moment to read the following tips for optimizing your bonuses and your trades:
Final thoughts on Plus500 prediction markets promo codes and bonuses
This brand’s bonus is a little smaller than some brands, but not by much. Indeed, some brands don’t even offer bonuses to new traders, so this offer is a good deal. In addition, the requirements are fairly simple, and the risk is low. You only need to fund your account and make $10 in trades in order to get your $20 in bonus credits. In addition, all traders on the site are eligible to collect referral rewards, which is worth up to $700 if you refer five friends. Loyalty rewards are also available, although the site is unclear about the specifics of this program.
Note that this brand’s bonuses tend to be capped, and the welcome promo is no different. That’s why you’ll want to tap the banners on this page now so you can collect your prediction market bonus before this offer expires.
