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Plus500 prediction markets review

Plus500, the London-listed trading platform, brought Kalshi's event contracts into its Plus500 Futures app for US customers in February 2026. It's a broker arrangement like Robinhood's and Coinbase's, with one technical twist: Plus500 clears the trades through its own clearing membership with Kalshi rather than a third party. The interface is a simple yes/no with no combos, and the cost is reported at 1¢ commission plus 1¢ exchange fee per contract. Useful if you already trade futures with Plus500; otherwise, Kalshi direct.

How it's built

Plus500 entered the US in 2021 by acquiring Cunningham Commodities, a futures broker, which gave it the registrations to offer futures and options. Event contracts were added on top in February 2026 through a collaboration with Kalshi: Kalshi is the exchange, Plus500 is the broker and the clearing member. For you, that means Kalshi's rules settle your contract and Kalshi's state restrictions apply.

Markets

The launch emphasised economics and finance: will the Fed raise or cut, will an indicator cross a threshold, geopolitical outcomes. Sports contracts are available where Kalshi's are. The catalogue is a curated subset of Kalshi's, and there is no combo product.

Fees

Reported at 1¢ commission plus 1¢ exchange fee per contract, about 2¢ all-in. Kalshi's own taker fee is 1.75¢ at 50¢ and well under a cent at the extremes, and Kalshi's resting orders are free. On cost alone, direct is better at every price.

Who it's for

Existing Plus500 Futures customers who want to hedge or speculate on macro events alongside their futures positions, with one account and one statement. There's no welcome offer specific to prediction markets that we could verify.

Launch per TradeInformer (Feb 3, 2026); fee per SI (Oct 11, 2026). Plus500 hasn't published a prediction-markets fee schedule we could locate.

Questions people ask

Does Plus500 run its own prediction market?

No. It gives its US futures customers access to Kalshi's contracts and clears the trades itself through a full clearing membership with Kalshi, which is unusual for a broker and means Plus500 isn't paying a third-party clearer.

What can I trade?

Plus500 pitched the launch around economic and financial events: Fed decisions, indicator thresholds, geopolitical outcomes. Sports contracts follow Kalshi's state availability.

What does it cost?

Third-party reviews quote 1¢ commission plus 1¢ exchange fee per contract. That's at or above Kalshi's own taker fee at most prices and with no free maker option.

Who should use it?

Plus500 Futures customers who want event contracts in the same account as their futures. Everyone else should go to Kalshi directly.