Plus500 Offers Kalshi Perpetual Futures Through U.S. Brokerage

Plus500 is offering Kalshi perpetual futures through its U.S. brokerage to institutional clients and partner brokers, opening another route to contracts without a fixed expiration date and extending the firms’ relationship in U.S. derivatives trading.

Kalshi lists Plus500 among the brokers whose platforms carry its products. Kalshi’s broker program allows futures commission merchants to integrate event contracts and perpetual futures into their trading interfaces.

A perpetual futures position has no scheduled expiration that requires a trader to move it into a later contract. The arrangement differs from a dated futures contract, which eventually expires.

Plus500 added Kalshi event contracts to its U.S. retail futures platform in February 2026. Plus500US Financial Services LLC, a futures commission merchant registered with the Commodity Futures Trading Commission (CFTC), has been a clearing member of Kalshi Klear LLC since April 26, 2025.

Kalshi’s launch of a leveraged US 500 perpetual contract on Oct. 6 added a stock-index product to its perpetual futures offering.

The CFTC approved KalshiEX’s Bitcoin (BTC)-referencing BTCPERP as a futures contract on May 29, 2026. That decision applied to BTCPERP. The agency said perpetual contract designs may not suit every asset class and encouraged review of contracts outside the order.

CME Group challenged the BTCPERP approval in federal court in June, arguing that Kalshi’s Bitcoin perpetual should be regulated as a swap.