Introducing Plus 500’s welcome bonus
Plus 500 offers both futures trading and prediction markets in the US. And the types of bonuses offered to first-timers vary depending on which of these you’re signing up for.
Today, I’ll be talking exclusively about Plus 500’s prediction trading bonus. This is potentially worth $20 when you sign up, enter the correct Plus 500 bonus code for your state, and make $10 worth of prediction trades.
Here’s a fast facts table. It features all the key info you need about the offer:
| Type of bonus | Prediction trading welcome offer |
|---|---|
| What you can get | No offer available right now |
| Eligibility rules | Only new prediction trading customers aged 18+ can claim. Plus 500 is CFTC-registered and available in all 50 states. But market coverage can vary. |
| Promo code requirement | Check my site banners, or Plus 500’s website, for your local code. |
Pros and cons of Plus 500’s prediction trading bonus
- Trade $10, get a $20 bonus.
- Straightforward claims steps.
- Your bonus is withdrawable.
- A promo code is required.
How to unlock your Plus 500 bonus, step by step
So, new US prediction traders can currently qualify for a $20 bonus here. But how do you go about activating this offer when you register? Well, it’s simple. I found that you can claim your bonus by following these easy steps:
- Click the banner links here to reach Plus 500’s prediction trading site.
- Tap the “Trade $10, Get $20” bonus ad at the top of their homepage - this will copy their latest Plus 500 bonus code to your clipboard.
- Hit “Start Trading” or “Open an Account” to launch the site’s sign up form.
- Enter your email address and set up a strong password - or sync your Google or Apple account if preferred.
- Have a careful read through Plus 500’s “End-User License Agreement”, then check the box to accept it - I’d suggest reading their prediction trading T&Cs, too.
- Enter your promo code, then tap “Create an Account” to finalize the sign up process.
- Head to your account page to verify your email address and complete the site’s Know Your Customer (KYC) checks - I found that only verified players can make deposits here.
- Once you’ve been authenticated, open the main menu and tap “Funds”, followed by “Deposit”.
- Deposit $10 or more into your prediction trading account - as this is the minimum amount you’ll need to trade to unlock your bonus, remember?
- Trade at least $10 worth of eligible event contracts - categories include politics, climate, entertainment and more.
- Receive your $20 bonus automatically within seven days of satisfying the $10 trading target.
At the time of writing, I found that your $20 bonus is actually withdrawable - which is incredibly rare with sign up bonuses. You can’t normally do this with ADI PredictStreet bonus offers, for example. Nor with welcome promos I’ve tested with other prediction trading providers.
Currently, I didn’t see any restrictions listing any specific prediction markets as being bonus-ineligible, either. So, feel free to use your bonus for buying and selling event contracts tied to politics, entertainment, weather, science or any other event categories that are available in your state.
Just note that while Plus 500 is registered with the Commodity and Futures Trading Commission (CFTC) and accessible from 45 US states right now, availability of some markets can vary between states. While the site also reserves the right to change its market availability, and bonus T&Cs, at any time.
Expert tips before making your bonus-activation trades
This offer is undoubtedly one of the more competitive Plus 500 promotions I’ve seen. But while it clearly offers a lot of potential, it’s important to remember that buying and selling event contracts with Plus 500 can be risky. So, it’s important to tread carefully when trading.
Here are some things to consider before claiming your bonus.
Determine which prediction markets are available in your state
Plus 500 covers more than 15 different event contract trading markets in most states. These range from politics, climate and entertainment to crypto and economics. Although as I said earlier, availability of some - like sports for example - can vary from state to state.
Fortunately, the site is fully browsable before you actually register. So, click around a bit to get an idea of what’s available in your backyard before signing up or claiming anything, yeah?
Try trading in “Demo Mode”
Plus 500 offers a super rare “Demo Mode” that will let you purchase “yes” and “no” event contracts tied to potential real world outcomes, and sell them, all without spending a dime.
After verifying your account, you’ll be able to “Switch to Demo Mode” from the main menu at any time, then use a simulated virtual currency to make your trades. This provides a real useful avenue for figuring out how everything works if you’re new.
Read Plus 500’s T&Cs carefully before trading for real
On the far right-hand side of Plus 500’s homepage, there’s a useful how-to guide that explains the basics of how prediction trading here works - something you can also read more about in my own Plus 500 review.
There’s also an FAQs page linked in the main menu that goes into more detail about fees, withdrawal rules and other aspects of the site, too. My suggestion? Read through the whole lot before making your $10 worth of cash trades.
Tick the “Keep me logged in” box when you register
I found that Plus 500 has an annoying habit of signing you out of your account automatically if you don’t click any buttons for five or ten minutes. So, I’d suggest ticking the “keep me logged in” box on the site’s sign up form to prevent this from happening, as it can be super annoying during those between-trade toilet breaks.
Staying logged in could potentially get you access to other, one-off bonuses here, too. Why? Well, a note on Plus 500’s bonus T&Cs page suggests that some traders might occasionally get account notifications about additional promos, which are decided based on activity and other mysterious criteria.
Watch out for payment method restrictions
Some prediction trading sites occasionally make you use specific deposit methods to qualify for bonuses. As it stands, I didn’t see any tricky bonus T&Cs at Plus 500 in terms of eligible or ineligible payment methods. But as I warned earlier, the site may potentially shake-up its bonus T&Cs at any time. So, you should always be on the lookout for unexpected changes.
Additional promos and loyalty perks to look out for
Plus500 has been known to offer a tiered VIP program in other parts of the world, such as Singapore and Europe. But when I asked customer support if US-based prediction traders can currently enjoy any loyalty perks with the site, they told me - unfortunately - that no, you guys can’t.
Now, Plus 500’s prediction trading service is still pretty new. So, whether this changes in future remains to be seen. But in the meantime, I found that the site does run a prediction trader-friendly refer a friend program, which works as follows. While occasional one-off offers might drop on social media sometimes, too.
Refer a friend bonus - what you need to know
Currently, you can invite up to a maximum of five friends to Plus 500, and collect referral bonuses ranging from $100 to $300 per referral when you do. You’ll need to share your unique referral link with your buddies to qualify, which is valid for 30 days after you request one.
Your first four eligible referrals will get you a $100 bonus apiece. While your fifth will get you a $300 bonus, which is withdrawable. Other T&Cs apply that you can read more about on Plus 500’s “Invite a Friend” page.
Conclusion - don’t forget your Plus 500 promo code here
So, Plus 500 has a pretty darn competitive “trade $10, get $20” bonus advertised right now. Although if you want in, you’ll need the right promo code for your state - which you can currently find either in my page banners here, or on Plus 500’s homepage, listed in their own ad for this bonus.
I think Plus 500’s promotion packs a lot of potential. It’s rare that your bonus credit is withdrawable. And you can use it on all sorts of popular prediction markets, too. However, if you’re thinking of claiming the offer for yourself, I’d strongly suggest familiarizing yourself with the risks involved in prediction trading first. While it’s also wise to try out Plus 500 in “Demo Mode” before making any trades for real, too.
You can unlock your bonus by clicking my official Plus 500 links right here, then following the straightforward claims steps I reviewed above.
Plus 500 promo code FAQ
Do I have to use my Plus 500 bonus within a certain time limit?
Yes, you do - but it isn’t particularly strict. At the time of writing, I found that any unused bonus balances at Plus 500 will expire after 90 days. So basically, you’ll have three months to use your $20 bonus after it hits your account.
Is there a Plus 500 sweepstake bonus right now?
No, there isn’t. Plus 500 offers prediction markets and futures trading in the US. But they don’t offer any sweepstakes services. Currently, new customers can pick from a “trade $10, get $20” prediction trading bonus, or a completely separate futures commission credit offer. There are no other sign up bonuses advertised.
Can prediction traders claim any VIP rewards at Plus 500?
Nope, afraid not. Plus 500 does offer a tiered VIP program in other countries, covering some of its other service offerings. But as it stands, there is no VIP program or loyalty scheme available to US-based prediction traders, sadly.
