The 15 best prediction market apps for 2026

Jeremy BraginLast updated: September 25, 2026How we rank

The best prediction market apps in 2026 are Kalshi, Gemini Predictions and Polymarket US, by our published scoring. We ranked 15 CFTC-regulated apps on regulation, live prices, markets, funding, fees and state availability.

Prediction market apps let you buy a contract on a yes-or-no question. It pays $1 if the answer is yes and $0 if not.

We ranked 15 apps that offer these contracts to US traders, all under CFTC oversight. Some run their own exchange. Others route your order to one. That difference changes your fees, your funding options and what you can check.

Every app is scored on the same six criteria, from facts it publishes. Where an app publishes nothing, it scores zero on that line. Each review walks through fees, funding, withdrawals, trading rules, safety and recent news, with links to the sources. For live odds on the same question across venues, see CoinStats prediction markets.

Key takeaways

Kalshi ranks first with 4.9 out of 5.
10 of the 15 apps belong to a company that owns or controls a CFTC-registered exchange. The other 5 route orders to someone else's.
12 of the 15 apps show live prices without an account. FanDuel Predicts, PrizePicks and Underdog Predict keep them inside the app.
14 apps take bank transfers, and 6 apps take crypto.
Published fees on a $100 trade at 50¢ run from $0.00 to $5.00, depending on the app and contract.
DraftKings Predictions, Fanatics Markets, FanDuel Predicts and PrizePicks offer sports contracts only in the states they list.
Kalshi, Interactive Brokers and Webull pay interest or a coupon on your money. Most apps pay nothing.
Withdrawals take from minutes to about five business days, depending on the app and the method.

First published September 25, 2026. Facts come from each app's own pages and our venue registry. Kalshi's open markets and volume come from its public API.

How we ranked them

Every app gets a score from 0 to 5 on six criteria. The total is the weighted mean, rounded to one decimal.

Criterion	Weight	How it scores
Regulation	25%	Its company owns or controls a CFTC-registered exchange that lists its contracts: 5. It only routes orders to other companies’ exchanges: 4. Not confirmed: 0.
Live, public prices	20%	Live prices anyone can read without an account, on its website or a public API: 5. Prices only inside the app: 1.
Market coverage	20%	Categories listed, out of six (sports, politics, economics, crypto, culture, climate and weather), scaled to 5.
Funding options	15%	One point per rail: bank transfer, debit card, wire, a wallet such as PayPal, crypto. Five at most.
Published fees	10%	Every fee a trade pays is published: 5. Only some are, such as a broker fee without the exchange fee: 2.5. None: 0.
State availability	10%	Open in every state: 5. Each state closed to its sports contracts costs half a point. We count its published terms and court orders against it, or against the only exchange it routes to. No footprint we can confirm: 0.

Regulation (25%)

Every app here is CFTC-regulated, so this criterion rewards structure. An app whose company runs the exchange it lists on scores 5.

A broker that only routes orders to other companies’ exchanges scores 4. A broker adds a layer between you and the market, and often a second fee.

Live, public prices (20%)

A public price lets you check an app against the market before you sign up.

Apps that show live prices on their website, or through a free API, score 5. Apps whose prices stay inside the app score 1.

12 of the 15 apps publish live prices.

Market coverage (20%)

More categories mean more ways to use one account. We count six: sports, politics, economics, crypto, culture, and climate and weather.

Each listed category adds a sixth of the five points. One open market in a category is enough to count it.

Funding options (15%)

Each funding rail earns a point, up to five. The rails are bank transfer, debit card, wire, a wallet such as PayPal, and crypto.

We count only the methods an app says can fund event contracts.

Published fees (10%)

A fee you can read before you trade is a fee you can plan for. Apps that publish every fee a trade pays score 5.

Apps that publish their own fee but not the exchange’s score 2.5. Apps that show a fee only on the order screen score 0.

State availability (10%)

An app open in every state scores 5. Each state closed to its sports contracts, by its own terms or a court order, costs half a point.

For a broker that uses one exchange, court orders against that exchange count too. Cease-and-desist letters count only once a court acts.

What counts as an entry

An app US residents can use to trade CFTC-regulated event contracts. It either runs an exchange or routes orders to one. We left out sweepstakes and social prediction apps, offshore platforms that bar US users, and sportsbooks.

Also left out: Polymarket's international site, where anyone in the US can only close positions. Polymarket US, its CFTC-regulated exchange, is ranked instead. PredictIt runs under CFTC no-action relief rather than as a registered exchange. Crypto.com's prediction markets trade on the same exchange as OG, with the same fees, so they share its entry.

Apps may block more states inside the app than they publish. We count only published terms and court orders. We have not traded on these apps. The scores rest on what each one publishes. Ties go to the higher unrounded score, then to name order.

Prediction market apps and sites compared

#	App	Score	Best for	Structure	Fee on $100
1	Kalshi	4.9	All six market categories, traded on the exchange itself	Own exchange	$3.50
2	Gemini Predictions	4.7	Existing Gemini crypto customers	Own exchange	$3.50
3	Polymarket US	4.7	Trading Polymarket from the US, on a CFTC-regulated exchange	Own exchange	$3.48
4	OG	4.6	Trading directly on the exchange behind Crypto.com’s markets	Own exchange	$3.50
5	Interactive Brokers	4.4	Comparing ForecastEx, Kalshi and CME prices in one account	Own exchange	$2.00 to $4.00
6	Robinhood	4.3	Existing Robinhood customers	Own exchange	$2.00 to $4.00
7	ProphetX	4.3	Paying commission only on net gains	Own exchange	$2.00 if it wins, $0 if not
8	Coinbase	4.1	USDC holders	Broker	–
9	Webull	4.0	Webull brokerage customers	Broker	$4.00
10	Novig	3.9	Sports traders, since pre-game trades are free	Own exchange	$0.00 to $5.00
11	DraftKings Predictions	3.8	DraftKings customers in its 18 sports states	Own exchange	Up to $4.00
12	Fanatics Markets	3.7	Fanatics customers in its 22 states	Broker	Up to $4.00
13	FanDuel Predicts	2.8	FanDuel customers in states without a FanDuel sportsbook	Broker	$4.00
14	PrizePicks	2.7	PrizePicks fantasy players	Broker	$4.00
15	Underdog Predict	2.6	Underdog fantasy players	Own exchange	$2.00 + exchange fee

Facts, fees and state lists checked September 2026, from each app's own pages. Scores follow the method above.

Kalshi

A CFTC-regulated exchange with all six market categories, an open order book and interest on your balance

4.9/ 5

CoinStats score

Best for: all six market categories, traded on the exchange itself.

Kalshi runs its own CFTC-designated exchange, KalshiEX, and clears trades through its affiliate Kalshi Klear. Its designation was announced in November 2020, and the public beta opened in July 2021. It lists all six categories we track, from sports and politics to climate. Every market shows an order book, and a free API serves the data.

It pays 3.25% APY on cash and on the collateral in open positions, for balances of $250 or more. The rate is variable. Limit orders rest on the book, and you can sell before settlement or cash out at the best price. Combos are priced by request for quote, and a filled combo cannot be reversed.

Takers pay 0.07 × contracts × price × (1 − price), rounded up, and some series also charge makers. Bank, wire and real-time payment deposits are free, while debit cards can cost 2%. Most markets settle within a few hours of the result. Court orders close its sports contracts in Michigan, and more categories in Nevada and Washington.

Kalshi at a glance

Fee on $100 at 50¢: $3.50
Interest on balance: 3.25% APY on cash and open positions, for balances of $250 or more. The rate is variable.
Deposit options: ACH, RTP, debit card, Apple Pay, Google Pay, PayPal, Venmo, Cash App (deposits only), wire and crypto deposit
Withdrawal options: Debit card, bank, PayPal, Venmo or crypto, with no Kalshi fee. Cards arrive within hours; banks take a few business days.
Banking fees: Debit cards may cost 2%; PayPal is free the first time, then up to 2%. Bank, wire and RTP are free.
Settlement and payout: Most markets settle within a few hours of the outcome; combos within 1 to 12 hours.
Minimum deposit: $10, or $1,000 by wire
Markets: Sports, Politics, Economics, Crypto, Culture and Climate
States: Court orders bar its sports contracts in MI, NV and WA, and more categories in NV and WA
Age and ID: 18 and over, and the age of majority in your state. ID and address checks; an SSN is needed for interest.
Structure: Runs its own exchange, KalshiEX, and clearinghouse, Kalshi Klear
Live prices: Public, and compared live on CoinStats
Platforms: iOS, Android and web
App ratings: App Store 4.8 (548K) · Google Play 4.7 (120K)
Support: In-app and web chat, with email as a backup. No phone support.

Right now: 11,804 open questions, $51.2M traded in 24 hours.

How Kalshi trades, its scores, pros and cons

How trading works on Kalshi

Limit ordersYes. Resting limit orders are free, except on series with maker fees.
Selling before settlementYes. Sell or cash out at the best price, if there is a buyer.
CombosYes. Combos are priced by request for quote and cannot be reversed once filled.
MarginNot for event contracts. Perpetual futures use a separate margin account.
Position limitsEach contract has a position accountability level or a set limit.

Score breakdown

5.0Regulation

5.0Prices

5.0Markets

5.0Funding

5.0Fees

3.5States

Kalshi pros and cons

Pros

Interest on your balance. It pays 3.25% APY on cash and open positions, for balances of $250 or more.
Every category we track. All six categories, with an order book on every market.
Tools for active traders. A free API, the Kalshi Pro desktop terminal and a volume incentive program that pays cashback.

Cons

Court orders in three states. Courts closed its sports contracts in Michigan, and far more of its markets in Nevada and Washington.
Card deposits can cost 2%. Bank transfers, wires and real-time payments are free, but debit cards may carry a fee.
No phone support. Help comes through chat, with an AI first and a person if needed.

How your money is held

Members’ funds are segregated at the clearinghouse, Kalshi Klear, and treated as belonging to members. Klear may not mix them with its own.

What’s new at Kalshi

Aug 28, 2026The Ninth Circuit ruled federal law likely does not stop Nevada from regulating Kalshi’s sports contracts. Source
Jul 13, 2026Kalshi released Kalshi Pro, a desktop trading terminal. Source
May 29, 2026Kalshi announced CFTC-regulated perpetual futures, its first product beyond event contracts. Source
Apr 6, 2026The Third Circuit upheld Kalshi’s preliminary injunction against New Jersey regulators. Source

Sources

CoinStats offer · US only

Trade $20, get a $50 bonus through our link, no code needed. Offer terms

Kalshi review Open Kalshi

Gemini Predictions

Gemini’s own exchange and clearinghouse, with free market data and rewards for makers and takers

4.7/ 5

CoinStats score

Best for: existing Gemini crypto customers.

Gemini Predictions runs on Gemini Titan, a CFTC-designated exchange since December 10, 2025. It launched to US customers five days later. Since August 4, 2026, trades clear through Gemini’s own clearinghouse, Gemini Olympus; before that, they cleared through Polymarket’s. Both entities are separate from Gemini’s crypto exchange.

It takes market, limit and stop-limit orders, and you can sell at any time before an event closes. Combos join two to six listed contracts, and every leg must win. Trades are fully collateralized, so there is no margin. A $25,000 position accountability level applies to its contracts.

Takers pay 0.07 × contracts × price × (1 − price), rounded up. Makers pay 0.0175, waived on qualifying trades through December 31, 2026. Maker reward pools and a $1.5 million taker rewards program pay USD rewards. Predictions trade from your USD balance, funded by ACH, wire or PayPal; debit cards cannot fund it. Support runs by email, staffed around the clock.

Gemini Predictions at a glance

Fee on $100 at 50¢: $3.50
Interest on balance: None published.
Deposit options: ACH, wire and PayPal
Withdrawal options: To a linked bank only: ACH free, or wire for $25. No withdrawals to cards or PayPal.
Banking fees: ACH and wire deposits are free; PayPal costs 2.5%. Debit cards and Apple Pay cannot fund predictions.
Settlement and payout: No later than the day after the market closes, unless the outcome is under review.
Minimum deposit: Not published
Markets: Sports, Politics, Economics, Crypto, Culture and Climate
States: Listed as available in all 50 states; Connecticut ordered it to stop sports contracts in September 2026
Age and ID: 18 and over, or the age of majority where you live. Photo ID, a biometric selfie and your SSN.
Structure: Runs its own exchange, Gemini Titan, and clearinghouse, Gemini Olympus
Live prices: Public, without an account
Platforms: iOS, Android and web
App ratings: App Store 4.8 (110K) · Google Play 4.0 (55.3K), for the whole Gemini app
Support: Email, staffed 24/7. Gemini does not call or text customers except on request.

How Gemini Predictions trades, its scores, pros and cons

How trading works on Gemini Predictions

Limit ordersYes, plus market and stop-limit orders.
Selling before settlementYes, at any time until the event closes.
CombosYes. Combos of 2 to 6 listed contracts.
MarginNo. Every trade is fully collateralized.
Position limitsA $25,000 position accountability level.

Score breakdown

5.0Regulation

5.0Prices

5.0Markets

3.0Funding

5.0Fees

5.0States

Gemini Predictions pros and cons

Pros

Its own exchange and clearinghouse. Gemini runs both the market and the clearing, apart from its crypto exchange.
Rewards on both sides. Makers share daily reward pools, and takers with $500,000 or more in monthly volume earn USD rewards.
Open API with a sandbox. Live market data needs no key, and a demo environment lets you test strategies.

Cons

No card funding. Debit cards and Apple Pay cannot fund predictions, and PayPal deposits cost 2.5%.
Email-first support. Email is the main channel, and no live chat is listed for predictions.
Legal challenges. New York sued Gemini Titan in April 2026, and Connecticut ordered it to stop sports contracts.

How your money is held

Your position money sits at Gemini Olympus in member accounts, apart from Olympus’s own funds.

What’s new at Gemini Predictions

Sep 10, 2026Connecticut announced orders telling nine prediction markets, including Gemini, to stop sports contracts. Source
Aug 4, 2026Gemini’s own clearinghouse, Gemini Olympus, took over clearing from Polymarket Clearing. Source
Apr 21, 2026New York’s attorney general sued Gemini Titan and Coinbase Financial Markets. Source
Dec 10, 2025The CFTC designated Gemini Titan as a contract market. Source

Sources

Gemini Predictions review Open Gemini Predictions

Polymarket US

Polymarket’s CFTC-regulated US exchange, with a public order book and a free market-data API

4.7/ 5

CoinStats score

Best for: trading Polymarket from the US, on a CFTC-regulated exchange.

Polymarket US is where US residents trade Polymarket. It runs on QCX, a CFTC-designated exchange Polymarket bought in July 2025. Trades clear through its own clearinghouse, QC Clearing. You trade against other users on a central order book, not against the house.

Every order is a marketable limit order, and any unfilled part rests on the book. You can close a position at any time, and the proceeds reach your cash balance at once. Combos join two to ten markets into one position. Contracts are fully collateralized, so there is no margin and no margin call.

Takers pay 0.0695 × contracts × price × (1 − price) on most markets, and makers pay nothing. No deposit or withdrawal fee is published. Withdrawals go back to the card or bank you funded from, oldest deposit first. A Nevada court order blocks it there, and New York sued it on September 24, 2026.

Polymarket US at a glance

Fee on $100 at 50¢: $3.48
Interest on balance: None published.
Deposit options: Debit card, ACH and wire
Withdrawal options: Debit card, ACH or wire, with no Polymarket fee. Card and ACH take 3–4 business days; wire takes about 1.
Banking fees: No deposit fees published. Wire deposits have a $1,000 minimum.
Settlement and payout: Winning contracts pay $1 once the result is final. Sports markets often resolve shortly after the official result.
Minimum deposit: $1,000 by wire; card and ACH minimums not published
Markets: Sports, Politics, Economics, Crypto, Culture and Climate
States: A court order bars its sports contracts in NV
Age and ID: 18 and over, or older where your state requires. ID checks, and a selfie may be requested. Unavailable in Nevada.
Structure: Runs its own exchange, QCX, and clearinghouse, QC Clearing
Live prices: Public, without an account
Platforms: iOS, Android and web
App ratings: App Store 4.6 (60K) · Google Play 4.3 (13.2K)
Support: In-app chat and email, advertised as 24/7.

How Polymarket US trades, its scores, pros and cons

How trading works on Polymarket US

Limit ordersYes. Every order is a marketable limit order, and unfilled parts rest on the book.
Selling before settlementYes. Close at any time; the proceeds reach your cash balance at once.
CombosYes. Combos join 2 to 10 markets and are priced by request for quote.
MarginNo. Contracts are fully collateralized, with no margin calls.
Position limitsNo size limits. A $25,000 position accountability level applies.

Score breakdown

5.0Regulation

5.0Prices

5.0Markets

3.0Funding

5.0Fees

4.5States

Polymarket US pros and cons

Pros

Public order book and API. Order books, best prices, settlement prices and price history are free to read, with no key needed.
Rewards for resting orders. Makers pay no fee, and liquidity rewards score resting limit orders every second.
Free withdrawals. Debit card, ACH and wire withdrawals carry no Polymarket fee.

Cons

Withdrawals follow your deposits. Money returns to where it came from, oldest deposit first. Card and ACH take 3–4 business days.
Legal pressure. A Nevada court order blocks it there, Connecticut ordered it to stop sports contracts, and New York sued.
A separate order book. Its prices can differ from polymarket.com, the international book CoinStats compares against Kalshi.

How your money is held

Funds sit in a dedicated customer account, separate from Polymarket US’s operating money. The clearinghouse segregates its direct members’ funds.

What’s new at Polymarket US

Sep 24, 2026New York’s attorney general and governor announced a lawsuit against Polymarket US. Source
May 29, 2026A Nevada court granted the state a preliminary injunction against Polymarket US. Source
Nov 24, 2025The CFTC amended QCX’s designation, letting brokers route customer orders to it. Source
Jul 21, 2025Polymarket closed its $112 million purchase of QCEX, a CFTC-licensed exchange and clearinghouse. Source

Sources

Polymarket US’s own offer

Deposit $10 or more and get $50 in trading credit, when offered through an onboarding code or link. Its terms change on October 2, 2026.

Checked Sep 25, 2026. Offer terms

Open Polymarket US

OG

The prediction app Crypto.com launched, now independent, with no deposit fees and an AI co-pilot

4.6/ 5

CoinStats score

Best for: trading directly on the exchange behind Crypto.com’s markets.

Crypto.com launched OG on February 3, 2026, as a standalone prediction-market app. Its exchange and clearinghouse is NADEX, a CFTC-designated venue that also runs Crypto.com’s CDNA brand. Users can trade directly on NADEX or through OG’s affiliated broker. Since a spin-off announced on September 8, 2026, OG operates as an independent company.

Limit orders are good until cancelled, and you can close any position early when there is liquidity. Combos take two to eight sports legs. OG charges no fee on any deposit method, from linked banks to PayPal and crypto. Takers pay 0.07 × contracts × price × (1 − price), makers 0.0175, and crypto and index contracts cost 2¢.

In June 2026, OG listed seven states without sports contracts: Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey and Ohio. It also listed Arizona as closed to all markets. OG Alpha, an AI co-pilot, helps research markets and build combos. OG says it never limits accounts for winning.

OG at a glance

Fee on $100 at 50¢: $3.50
Interest on balance: None published.
Deposit options: ACH, wire, PayPal, Venmo, debit card, Apple Pay, Google Pay and crypto
Withdrawal options: ACH to a linked bank, free, or RTP for 1.5% within minutes. New York adds withdrawals to your debit card.
Banking fees: No OG fee on any deposit method. Linked-bank deposits cannot be withdrawn for 7 business days.
Settlement and payout: Shortly after the event ends. No fixed time is published.
Minimum deposit: $1 by ACH push, $10 by most methods, $1,000 by wire
Markets: Sports, Politics, Economics, Crypto, Culture and Climate
States: No sports in IL, MA, MD, MI, NJ, NV or OH, and no markets in AZ, per OG in June 2026
Age and ID: The age of majority where you live. Last four of your SSN; ID and a selfie may be requested.
Structure: Runs its own exchange, NADEX, which also runs Crypto.com’s CDNA brand
Live prices: Public, without an account
Platforms: iOS, Android and web
App ratings: App Store 4.5 (1.5K) · Google Play 4.3 (716)
Support: Live chat on the web and in the app. Hours are not published.

How OG trades, its scores, pros and cons

How trading works on OG

Limit ordersYes. Good until cancelled, from 1¢ to 99¢, but not for combos.
Selling before settlementYes, when there is liquidity. Closing pays the same fee as opening.
CombosYes. Combos of 2 to 8 sports legs.
MarginNot published for OG users.
Position limits2.5 million contracts per event.

Score breakdown

5.0Regulation

5.0Prices

5.0Markets

5.0Funding

5.0Fees

1.0States

OG pros and cons

Pros

No deposit fees. OG charges nothing on any deposit method, including cards, PayPal and Venmo.
Direct exchange access. Users can trade directly on NADEX, as well as through OG’s affiliated broker.
Winners are not limited. OG says it never limits or restricts accounts based on trading results.

Cons

Sports closed in eight states. In June 2026 OG listed no sports contracts in seven states, and no markets at all in Arizona.
Chat-first support. Support runs through chat, and there is no support phone line.
A new company. It launched in February 2026 and spun off from Crypto.com in September.

How your money is held

Direct members fund a segregated account at NADEX’s settlement bank, and deposits count as member property under CFTC rules.

What’s new at OG

Sep 8, 2026Robinhood named OG an infrastructure partner; the release describes OG’s spin-off from Crypto.com. Source
Jun 13, 2026OG launched in New York. Source
Jun 9, 2026FanDuel Predicts began routing new sports and combination contracts through OG. Source
Feb 3, 2026Crypto.com launched OG as a standalone prediction-market app. Source

Sources

OG’s own offer

Get up to $10 in new-user rewards after one $10 trade on a contract under 80¢. The trade must settle within 7 days of approval.

Checked Sep 25, 2026. Offer terms

OG review Open OG

Interactive Brokers

ForecastEx, Kalshi and CME contracts in one brokerage account, with a 3.38% incentive coupon

4.4/ 5

CoinStats score

Best for: comparing ForecastEx, Kalshi and CME prices in one account.

Interactive Brokers offers prediction markets through Interactive Brokers LLC, a CFTC-registered futures commission merchant. Its wholly owned subsidiary ForecastEx is a CFTC-designated exchange and clearinghouse. It began operating in August 2024. Since May 2026, one interface trades ForecastEx, Kalshi and CME contracts. The order screen picks the best price after fees.

ForecastEx positions earn an incentive coupon of 3.38% APY on their closing value, whether they win or lose. ForecastEx contracts cannot be sold; to exit, you buy the opposite side and the pair settles at $1. Contracts are fully collateralized. Limit orders and IBKR’s trading algorithms work on forecast contracts.

Fees are 1¢ a contract on ForecastEx and 2¢ on Kalshi or CME, commission and exchange fee together. There are no sports contracts. You must be 21, and election contracts are for eligible US residents only. Phone support runs from Sunday afternoon to Friday evening, Eastern time.

Interactive Brokers at a glance

Fee on $100 at 50¢: $2.00 to $4.00
Interest on balance: ForecastEx positions earn a 3.38% APY incentive coupon, win or lose.
Deposit options: Wire, ACH, online bill pay, Wise, check and stablecoin
Withdrawal options: Wire, ACH or check. Two free requests a month, then $1 per ACH, $4 per check or $10 per wire.
Banking fees: ACH and linked-bank deposits are free. Stablecoin deposits cost up to 0.35%, and cards are not accepted.
Settlement and payout: The clearinghouse credits $1 per winning contract at resolution. Payout dates are on each contract’s schedule.
Minimum deposit: No account minimum
Markets: Politics, Economics, Crypto and Climate
States: No state list published and no sports contracts offered; 21 and over
Age and ID: 21 and over for event contracts. SSN, employer and bank details; ID may be requested.
Structure: Runs ForecastEx, and also routes to Kalshi and CME
Live prices: Public, without an account
Platforms: iOS, Android, web and desktop
App ratings: App Store 4.5 (11K) · Google Play 4.5 (75.8K), for the whole IBKR Mobile app
Support: Phone from Sunday 1 PM to Friday 7:30 PM ET, plus chat. No Saturday support.

How Interactive Brokers trades, its scores, pros and cons

How trading works on Interactive Brokers

Limit ordersYes, plus IBKR trading algorithms such as ScaleTrader.
Selling before settlementNot on ForecastEx. Buy the opposite contract to exit instead.
CombosNot published.
MarginNo. ForecastEx contracts are fully collateralized.
Position limitsEach ForecastEx contract sets a limit or an accountability level.

Score breakdown

5.0Regulation

5.0Prices

3.3Markets

3.0Funding

5.0Fees

5.0States

Interactive Brokers pros and cons

Pros

A coupon on ForecastEx positions. ForecastEx positions earn 3.38% APY on their closing value, paid monthly, win or lose.
Three exchanges, best price. The order screen compares ForecastEx, Kalshi and CME and picks the best price after fees.
Low, published fees. 1¢ a contract on ForecastEx and 2¢ on Kalshi or CME, all in.

Cons

No sports. It lists politics, economics, crypto and climate contracts, but no sports.
No selling on ForecastEx. To exit, you buy the opposite contract instead of selling.
21 and over. You must be 21, and the application asks for employer and bank details.

How your money is held

ForecastEx keeps member funds apart from its own and segregates customer funds under CFTC Part 22. SIPC does not cover futures.

What’s new at Interactive Brokers

May 14, 2026IBKR launched one interface for trading Kalshi, CME Group and ForecastEx contracts. Source
Jan 22, 2026ForecastEx appointed forecaster Philip Tetlock to its board. Source
May 6, 2025Forecast contracts moved to nearly 24-hour trading, Sunday to Friday. Source

Sources

Interactive Brokers’s own offer

Prediction Market accounts receive $10 when the account opens.

Checked Sep 25, 2026. Offer terms

Interactive Brokers review Open Interactive Brokers

Robinhood

Prediction markets inside the Robinhood app, with custom combos and a capped commission

4.3/ 5

CoinStats score

Best for: existing Robinhood customers.

Robinhood adds prediction markets to its brokerage app. It acts as a CFTC-registered broker, Robinhood Derivatives. Orders route to Kalshi, ForecastEx and Rothera, and to CDNA for some football contracts since September 8, 2026. Rothera is a joint venture with Susquehanna, and Robinhood names most of its board.

Contract orders are limit orders: immediate-or-cancel, or good until 3 AM ET the next day. You can close a position before it settles, at the market price. Custom combos take up to 10 legs on supported games and fill or kill. Positions are fully collateralized, so there is no margin.

The commission is 10% × price × (1 − price), capped at 1¢ a contract, or 5% with Gold. The exchange adds its own fee. Payouts usually land within an hour of resolution, though its help pages allow 1–2 business days. Maryland is closed to its sports contracts, and Michigan and Nevada to new sports positions.

Robinhood at a glance

Fee on $100 at 50¢: $2.00 to $4.00
Interest on balance: None published for event contracts. Gold members ($5 a month) earn a variable 3.6% APY on brokerage cash.
Deposit options: ACH, debit card and wire
Withdrawal options: Via your Robinhood account: free ACH in about a day, or 1.75% for instant. Wires cost $25.
Banking fees: No deposit fees. Instant withdrawals cost 1.75%, from $1 to $150.
Settlement and payout: Usually within an hour of resolution; its help pages allow 1–2 business days.
Minimum deposit: Not confirmed
Markets: Sports, Politics, Economics, Crypto, Culture and Climate
States: No sports contracts in MD, and no new sports positions in MI or NV
Age and ID: 18 and over, with a Robinhood account, an SSN and US residency. Approval depends on experience and state.
Structure: A broker that routes to Kalshi, ForecastEx, CDNA and Rothera, a joint-venture exchange it controls
Live prices: Public, without an account
Platforms: iOS, Android and web (view only)
App ratings: App Store 4.3 (4.9M) · Google Play 4.7 (577K), for the whole Robinhood app
Support: 24/7 in-app chat. Phone call-backs from 7 AM to 9 PM ET on weekdays.

How Robinhood trades, its scores, pros and cons

How trading works on Robinhood

Limit ordersYes. Immediate-or-cancel, or good until 3 AM ET the next day.
Selling before settlementYes, at the market price, when a buyer is on the other side.
CombosYes. Preset combos, and fill-or-kill custom combos of up to 10 legs.
MarginNo. Positions are fully collateralized.
Position limitsGenerally 50,000 contracts per event, per side.

Score breakdown

5.0Regulation

5.0Prices

5.0Markets

3.0Funding

2.5Fees

3.5States

Robinhood pros and cons

Pros

Four exchanges, one app. Event contracts sit beside stocks and crypto, and orders reach Kalshi, ForecastEx, Rothera and CDNA.
Combos with player contracts. Custom combos take up to 10 legs, including player contracts on touchdowns or passing yards.
A capped commission. The commission never passes 1¢ a contract, and Gold members pay half the rate below that cap.

Cons

Trading in the app only. The website shows markets, but trades happen only in the mobile app.
An exchange fee on top. The exchange adds its own fee of up to 1¢ a contract.
State limits. No sports contracts in Maryland, and no new sports positions in Michigan or Nevada. Connecticut ordered it to stop as well.

How your money is held

Robinhood Derivatives is not a bank, and its accounts carry no SIPC or FDIC cover. In an insolvency, CFTC Part 190 rules apply.

What’s new at Robinhood

Jun 4, 2026Robinhood began routing contracts to Rothera, starting with the World Cup. Source
Jan 20, 2026Its joint venture with Susquehanna closed the purchase of MIAXdx, renamed Rothera. Source
Nov 25, 2025Robinhood agreed to stop new Nevada sports contracts after a judge refused a restraining order. Source
Mar 17, 2025Robinhood launched its Prediction Markets Hub, with contracts from Kalshi. Source

Sources

Robinhood’s own offer

Through a promotional link only: a reward from $10 to $2,000 after approval for event contracts. About 99% of people get $10.

Checked Sep 25, 2026. Offer terms

Robinhood review Open Robinhood

ProphetX

A sports and politics exchange that is also its own clearinghouse, charging 2% of net gains

4.3/ 5

CoinStats score

Best for: paying commission only on net gains.

ProphetX LLC is both the exchange and the clearinghouse. The CFTC registered its clearinghouse on June 10, 2026, and designated its exchange the next day. It launched nationwide on June 18, 2026, with no broker in between. It is not operating in Nevada.

Trades match between users on an anonymous central order book, and ProphetX says it does not trade against you. You can post your own price as a limit order, or trade out before settlement with an offsetting order. Parlay Mode builds multi-game and same-game parlays, priced by request for quote. Live in-game orders carry a two-second delay.

Straight trades pay 2% of net gains in each market, charged at settlement, and nothing on a loss. Makers earn monthly fee rebates, at marginal rates from 20% to 80% as volume rises. Deposits start at $10, and credit cards are not accepted. Withdrawals go by Aeropay, paper check, or wire from $5,000.

ProphetX at a glance

Fee on $100 at 50¢: $2.00 if it wins, $0 if not
Interest on balance: None published.
Deposit options: Debit card, Apple Pay, Google Pay, cash at retail, EdgeBoost card, Aeropay bank transfer, crypto and wire
Withdrawal options: Aeropay bank transfer, paper check in 7–14 days, or wire from $5,000 within 72 hours. Most are processed within 24 hours.
Banking fees: No deposit fees are listed. Debit card, Apple Pay, Google Pay and cash at retail go through PayNearMe.
Settlement and payout: Automatic once the result is official, no later than one business day after expiration.
Minimum deposit: $10
Markets: Sports and Politics
States: Not operating in NV; other restricted locations are not named
Age and ID: 18 and over, or the age of majority. Automatic ID checks, with a photo ID if needed. Not in Nevada.
Structure: Runs its own exchange and clearinghouse
Live prices: Public, without an account
Platforms: iOS, Android and web
App ratings: App Store 4.8 (3.3K) · Google Play 4.3 (721)
Support: Phone, email and a web form. Its pages give different hours, from 8 AM to 10 PM ET.

How ProphetX trades, its scores, pros and cons

How trading works on ProphetX

Limit ordersYes. Post your own price as a resting limit order.
Selling before settlementYes, by trading out with an offsetting order.
CombosYes. Parlays, including same-game parlays, priced by quote.
MarginNo. Every position is fully collateralized.
Position limits25,000 contracts per strike, as an accountability level.

Score breakdown

5.0Regulation

5.0Prices

1.7Markets

5.0Funding

5.0Fees

4.5States

ProphetX pros and cons

Pros

Pay only on winnings. Straight trades cost 2% of net gains per market, and nothing if you lose.
Peer-to-peer order book. Users trade with each other, and ProphetX says it does not take the other side.
Maker rebates. Makers earn monthly fee rebates, at marginal rates from 20% to 80% as volume rises.

Cons

Narrow withdrawals. Only Aeropay, paper checks, or wires of $5,000 or more.
Sports and politics only. It lists no economics, crypto, culture or climate markets.
State pressure. Connecticut announced on September 10, 2026 that it had ordered ProphetX to stop sports contracts.

How your money is held

Customer cash is member property, held in segregated accounts at ProphetX’s settlement bank.

What’s new at ProphetX

Sep 10, 2026Connecticut announced orders telling nine prediction markets, including ProphetX, to stop sports contracts. Source
Jun 18, 2026ProphetX launched nationwide on iOS, Android and the web. Source
Jun 11, 2026The CFTC designated ProphetX as a contract market. Source
Jun 10, 2026The CFTC registered ProphetX as a derivatives clearing organization. Source

Sources

ProphetX’s own offer

Trade $50, get up to $75, paid as $25 on days 1, 7 and 14. Later payments need the earlier credit used; it ends December 31, 2026.

Checked Sep 25, 2026. Offer terms

ProphetX review Open ProphetX

Coinbase

Kalshi’s markets inside the Coinbase app, funded from your USD or USDC balance

4.1/ 5

CoinStats score

Best for: USDC holders.

Coinbase offers prediction markets through Coinbase Financial Markets, a CFTC-registered futures commission merchant. Kalshi operates the markets, and Coinbase honors Kalshi’s results. They rolled out inside the main Coinbase app on December 17, 2025. You need a separate predictions application, with a suitability check.

Only settled USD and USDC can buy contracts, and Coinbase suggests a debit card for instant funding. You can sell before a market closes, and Sports Combos bundle 2 to 10 legs, priced by quote. Positions are fully collateralized. Trading runs around the clock, except Thursdays from 3 to 5 AM ET.

Winnings reach your predictions balance at once and sweep to your main Coinbase balance every two hours on business days. No fee rate is published; the fee shows before each trade. Coinbase excludes Nevada after a court order there, and New York sued in April 2026. Support runs by chat, phone and email.

Coinbase at a glance

Fee on $100 at 50¢: Rate not published
Interest on balance: None published.
Deposit options: ACH, debit card, wire, PayPal and USDC
Withdrawal options: From your main Coinbase balance, after winnings sweep there every two hours on business days.
Banking fees: Incoming US wires cost $10. Coinbase’s other funding fees are account-wide.
Settlement and payout: Winnings are credited as soon as Kalshi confirms the outcome.
Minimum deposit: Not published
Markets: Sports, Politics, Economics, Crypto, Culture and Climate
States: Coinbase excludes NV; court orders bind Kalshi, its exchange, in MI and WA
Age and ID: 18 and over, US residents outside Nevada. SSN or TIN, photo ID and a suitability application.
Structure: A broker that routes to Kalshi
Live prices: Public, without an account
Platforms: iOS, Android and web
App ratings: App Store 4.7 (1.8M) · Google Play 4.3 (929K), for the whole Coinbase app
Support: Chat, phone (1-888-908-7930) and email, during business hours.

How Coinbase trades, its scores, pros and cons

How trading works on Coinbase

Limit ordersNot published.
Selling before settlementYes, before the market closes.
CombosYes. Sports Combos of 2 to 10 legs, priced by quote.
MarginNo. Contracts are fully collateralized.
Position limitsA per-market cap set from your financial information; figures are not published.

Score breakdown

4.0Regulation

5.0Prices

5.0Markets

5.0Funding

0.0Fees

3.5States

Coinbase pros and cons

Pros

Inside an app you may use. Predictions sit next to crypto and stocks, funded from your USD or USDC balance.
Round-the-clock trading. Markets trade 24/7, apart from a weekly two-hour pause on Thursdays.
Clear P&L tools. The portfolio shows realized and unrealized profit, average fill price and payout if correct.

Cons

No published fee rate. The fee appears only on the order screen before each trade.
Court and state action. Coinbase excludes Nevada after a court order, and New York sued in April 2026.
Two-step withdrawals. Winnings sweep to your main balance on business days before you can cash out.

How your money is held

Collateral sits in sequestered cleared-swaps customer accounts at Citibank and at Kalshi Klear’s bank. It is not mixed with the broker’s own money.

What’s new at Coinbase

Sep 10, 2026Connecticut announced orders telling nine prediction markets, including Coinbase, to stop sports contracts. Source
Apr 21, 2026New York’s attorney general sued Coinbase Financial Markets and Gemini Titan. Source
Mar 26, 2026A Nevada court granted the state a preliminary injunction against Coinbase Financial Markets. Source
Dec 17, 2025Coinbase began rolling out prediction markets in its main app, with Kalshi markets. Source

Sources

Coinbase’s own offer

Through a customer’s referral link, brand-new Coinbase users who trade $30 within 7 days of approval get $25. Rewards have a 21-day withdrawal hold.

Checked Sep 25, 2026. Offer terms

Coinbase review Open Coinbase

Webull

Kalshi contracts inside the Webull brokerage app, with interest on idle cash

4.0/ 5

CoinStats score

Best for: Webull brokerage customers.

Webull offers event contracts through Webull Futures, a CFTC-registered futures commission merchant. Contracts trade on Kalshi, under a partnership announced in February 2025. You need a Webull individual cash or margin account and a separate event-contract application. Buying power is shared with your brokerage account.

Limit and quick orders come with day, IOC, FOK, GTC and GTD time-in-force. You can sell to close before settlement, though you cannot sell to open. Combo contracts join several outcomes into one. Event contracts cannot be bought on margin.

Each contract costs a 1¢ commission plus a 1¢ exchange fee. Debit card and ACH deposits are free, and resolved winnings can be withdrawn the same day. Idle cash can earn up to 3.60% APY with Webull Premium. Sports contracts are unavailable in Connecticut, Maryland, Michigan and Nevada.

Webull at a glance

Fee on $100 at 50¢: $4.00
Interest on balance: Up to 3.60% APY on idle cash with Webull Premium ($40 a year), through Cash Management.
Deposit options: ACH, wire and debit card
Withdrawal options: From your brokerage account: ACH free in 2–3 business days, debit card 1.75% within 30 minutes, wire $25.
Banking fees: Debit card and ACH deposits are free. Incoming wires cost $8, charged by the clearing firm.
Settlement and payout: Winnings are credited on resolution and can be withdrawn the same day.
Minimum deposit: No minimum balance
Markets: Sports, Economics, Crypto, Culture and Climate
States: No sports contracts in CT, MD, MI or NV; a Washington court order binds Kalshi, its exchange
Age and ID: 18 and over, with an SSN or ITIN and US residency, plus a separate event-contract application.
Structure: A broker that routes to Kalshi
Live prices: Public for its trending contracts
Platforms: iOS, Android and desktop
App ratings: App Store 4.7 (341K) · Google Play 4.6 (215K), for the whole Webull app
Support: An event-contract team by phone and email, weekdays 8 AM to 5 PM ET.

How Webull trades, its scores, pros and cons

How trading works on Webull

Limit ordersYes, with day, IOC, FOK, GTC and GTD time-in-force.
Selling before settlementYes, by selling to close. You cannot sell to open.
CombosYes. Combo contracts join several outcomes into one.
MarginNo. Event contracts cannot be bought on margin.
Position limitsNot published.

Score breakdown

4.0Regulation

5.0Prices

4.2Markets

3.0Funding

5.0Fees

2.5States

Webull pros and cons

Pros

Interest on idle cash. Linked cash accounts in Cash Management earn up to 3.60% APY with Webull Premium.
Trader tools. Depth-of-market order books, charts with technical tools and free real-time quotes.
Same-day withdrawals. Winnings from resolved contracts can be withdrawn the same day.

Cons

Two fees per contract. A 1¢ commission plus a 1¢ exchange fee on every contract.
Sports closed in four states. Webull lists CT, MD, MI and NV. A Washington court order also binds Kalshi, its exchange.
No politics markets. It lists sports, economics, crypto, culture and climate, but no politics.

How your money is held

Webull says event contract accounts are not protected by SIPC. Buying power moves automatically from your linked brokerage account.

What’s new at Webull

Jan 27, 2026Webull offered commission-free trading on Big Game prediction markets. Source
Jun 10, 2025Webull launched Kalshi’s hourly Bitcoin and Ethereum contracts. Source
Feb 12, 2025Webull announced a partnership with Kalshi to offer event contracts. Source

Sources

Webull’s own offer

Trade $20, get $20: a first event-contract order of at least $20 earns $20 in cash. It runs to October 15, 2026.

Checked Sep 25, 2026. Offer terms

Webull review Open Webull

#10

Novig

A sports-only exchange with free pre-game trades and credits for resting orders

3.9/ 5

CoinStats score

Best for: sports traders, since pre-game trades are free.

Novig is a sports prediction market with its own CFTC-designated exchange, Ludlow Exchange. It dropped its sweepstakes model and went live nationwide on August 4, 2026. Trades clear through Bitnomial Clearinghouse, with no broker in between. It is open to adults 21 and over, everywhere but Arizona, Michigan and Nevada.

Fees depend on the trade. Pre-game trades are free, live trades pay 0.03 and futures 0.06, each times price × (1 − price). Golf and tennis futures are free. Makers pay nothing and earn credits worth 50–70% of the taker’s fee. Parlays have the fee built into the quote.

You can sell a straight position at the market price, and the money reaches your wallet at once. Parlays cannot be sold early. Settlement typically comes within 30 minutes of a game ending. Bank and stablecoin deposits are free; cards and Apple Pay cost 3%.

Novig at a glance

Fee on $100 at 50¢: $0.00 to $5.00
Interest on balance: None published.
Deposit options: Bank transfer, debit card, credit card, Apple Pay, USDC and USDT
Withdrawal options: Bank transfer, debit card or Venmo, from $10. Most process automatically, often within minutes; reviews take 24–48 hours.
Banking fees: Bank and stablecoin deposits are free. Card and Apple Pay deposits cost 3%.
Settlement and payout: Typically within 30 minutes of a game ending.
Minimum deposit: Not published
Markets: Sports
States: Not available in AZ, MI or NV; 21 and over
Age and ID: 21 and over everywhere. Last four of your SSN; location checked each time the app opens.
Structure: Runs its own exchange, Ludlow Exchange
Live prices: Public, without an account
Platforms: iOS, Android and web
App ratings: App Store 4.6 (4.7K) · Google Play 3.2 (1.27K)
Support: In-app live chat and email. Hours are not published.

How Novig trades, its scores, pros and cons

How trading works on Novig

Limit ordersYes. Make orders rest on the book and pay no fee.
Selling before settlementYes, for straight positions. Parlays cannot be sold.
CombosYes. Parlays of two or more legs, priced by quote.
MarginNo. Positions are fully cash collateralized.
Position limitsA $50,000 position accountability level per strike.

Score breakdown

5.0Regulation

5.0Prices

0.8Markets

4.0Funding

5.0Fees

3.5States

Novig pros and cons

Pros

Free pre-game trading. Straight pre-game trades cost nothing, for makers and takers alike.
Paid to provide liquidity. Makers pay no fee and earn credits worth 50–70% of the taker’s fee, paid within seven days.
Open data. A public API and daily trade and market files let anyone check its prices.

Cons

Sports only. It lists no politics, economics, crypto or culture markets.
Card deposits cost 3%. Only bank and stablecoin deposits are free.
State pressure. Connecticut ordered it to stop sports contracts, and Missouri sent a cease-and-desist letter on September 17, 2026.

How your money is held

Novig says deposits sit at the clearinghouse as proprietary funds under CFTC rules. Ludlow does not hold them.

What’s new at Novig

Sep 17, 2026Missouri’s attorney general sent Novig a cease-and-desist letter over sports contracts. Source
Aug 4, 2026Novig launched nationwide as a CFTC-regulated sports prediction market. Source
Jun 16, 2026The CFTC designated Ludlow Exchange, Novig’s exchange, as a contract market. Source
Feb 18, 2026Novig raised a $75 million Series B led by Pantera Capital. Source

Sources

Novig’s own offer

Deposit $10 and get $25 in trade credits with its code NOVIGBONUS, for new members 21 and over. It is not offered in AZ, MI or NV.

Checked Sep 25, 2026. Offer terms

Novig review Open Novig

#11

DraftKings Predictions

DraftKings’ prediction app, now routing to DKeX, the exchange DraftKings built on Railbird

3.8/ 5

CoinStats score

Best for: DraftKings customers in its 18 sports states.

DraftKings Predictions launched on December 19, 2025, as a standalone app. It also sits inside the DraftKings Sports & Casino app. Its broker, GUS III, registered as a futures commission merchant on July 14, 2026. Orders route to DKeX, DraftKings’ own exchange, and to CDNA and CME.

You cannot set your own price: orders take the offers on screen, and an unfilled order waits as pending. You can sell a position before it settles, subject to liquidity. Predictions Combos join two or more picks, and every pick must win. Fees are all-in, including the exchange fee: up to 2¢ a contract each way.

Sports contracts reach 18 states, and Maine and New Hampshire get no markets at all. Settled money moves from the broker account to your DraftKings wallet. Its deposit methods for Predictions are listed only after you log in. The minimum withdrawal is $1.

DraftKings Predictions at a glance

Fee on $100 at 50¢: Up to $4.00
Interest on balance: None published.
Deposit options: Listed only after you log in
Withdrawal options: Through your DraftKings wallet, from $1. Predictions-specific times are not published.
Banking fees: Not published. Credit cards, gift cards and cash at a retail sportsbook cannot fund Predictions.
Settlement and payout: After the official source confirms the result. DKeX may hold proceeds for up to 12 hours.
Minimum deposit: Not confirmed
Markets: Sports, Politics, Economics, Crypto, Culture and Climate
States: Sports contracts in 18 states; nothing in ME or NH
Age and ID: 18 and over, or older where required. SSN and ID checks, plus an investor questionnaire.
Structure: A broker that routes to DKeX, DraftKings’ own exchange, plus CDNA and CME
Live prices: Public, without an account
Platforms: iOS, Android and web
App ratings: App Store 4.9 (12K) · Google Play 4.8 (2.67K)
Support: Help-center chat and @DK_Assist on X. Support says it works around the clock.

How DraftKings Predictions trades, its scores, pros and cons

How trading works on DraftKings Predictions

Limit ordersNo. You cannot set your own price; orders take the offers on screen, and an unfilled order waits as pending.
Selling before settlementYes, subject to liquidity.
CombosYes. Predictions Combos of two or more picks.
MarginNo. There is no borrowing or margin.
Position limitsDKeX sets accountability levels per contract, such as 125,000 for NHL game winners.

Score breakdown

5.0Regulation

5.0Prices

5.0Markets

0.0Funding

5.0Fees

0.0States

DraftKings Predictions pros and cons

Pros

All-in fees. The published fee includes the exchange fee, so the quoted fee is the whole fee.
Its own exchange. DKeX, launched in June 2026, lists DraftKings’ contracts beside CDNA and CME markets.
One wallet. The same DraftKings account and wallet cover Predictions and the sportsbook app.

Cons

No limit orders. You cannot set your own price; every order takes the offers on screen.
A small sports footprint. Sports contracts are open in 18 states only.
Money outside CFTC protection. Cash waiting in your DraftKings wallet is not covered by CFTC customer-fund rules.

How your money is held

Cash sits in your DraftKings account and moves to the broker only to cover a trade. CFTC customer-fund rules do not cover money held by the affiliate.

What’s new at DraftKings Predictions

Jul 14, 2026The NFA registered DraftKings Predictions as a futures commission merchant. Source
Jun 26, 2026DraftKings launched DKeX, its own exchange, inside the Sports & Casino app. Source
Dec 19, 2025DraftKings Predictions launched in 38 states, with CME Group as its first exchange. Source
Oct 21, 2025DraftKings bought Railbird, including a CFTC-designated exchange. Source

Sources

DraftKings Predictions review Open DraftKings Predictions

#12

Fanatics Markets

Fanatics’ prediction app on CDNA, with FanCash rewards and live in-game tools

3.7/ 5

CoinStats score

Best for: Fanatics customers in its 22 states.

Fanatics Markets launched on December 3, 2025, through an introducing broker, with CDNA as its exchange. Its own broker, Morton St. Trading Investments, registered as a futures commission merchant on March 18, 2026. In July 2026 Fanatics agreed to buy an exchange and a clearinghouse from BGC Group. Since September 2, Markets also sits inside the Fanatics Sports & Casino app.

Market orders fill within a price tolerance you set, from 1¢ to 10¢. Limit orders arrived on September 1, 2026, good until cancelled or immediate-or-cancel. Combos, including same-game combos, are priced by request for quote. Live in-game orders pass through a three-second delay.

A FanCash promotion for existing customers runs through December 31, 2026. It pays 10% of volume on 1¢ contracts, down to 0.15% from 43¢. Settlement typically comes within an hour of the event ending. It is open in 22 states and four territories, to adults 21 and over. You cannot trade from any other state.

Fanatics Markets at a glance

Fee on $100 at 50¢: Up to $4.00
Interest on balance: None. Its disclosures say no interest is paid on collateral.
Deposit options: ACH, debit card, Apple Pay, PayPal, Venmo and wire
Withdrawal options: Online banking in 3–5 business days, or a saved debit card, PayPal or Venmo in 2–3. No Fanatics fee; wires start at $10,000.
Banking fees: ACH and wire deposits are free. Debit card, Apple Pay, PayPal and Venmo cost up to 2%.
Settlement and payout: Typically within an hour of the event ending.
Minimum deposit: $1,000 by wire; other minimums not published
Markets: Sports, Politics, Economics, Crypto and Culture
States: Open in 22 states, plus Guam, Puerto Rico, American Samoa and the US Virgin Islands; 21 and over
Age and ID: 21 and over, located in one of 22 states or four territories. SSN checks; ID may be requested.
Structure: A broker that routes to CDNA
Live prices: Public, without an account
Platforms: iOS, Android and web
App ratings: App Store 4.7 (1.2K) · Google Play 3.8 (110)
Support: A web form with replies in 24–48 hours, plus email and in-app support.

How Fanatics Markets trades, its scores, pros and cons

How trading works on Fanatics Markets

Limit ordersYes, since September 1, 2026: good until cancelled or immediate-or-cancel.
Selling before settlementYes, at the market price, while you are in an eligible state.
CombosYes. Combos and same-game combos, priced by quote.
MarginNo. Every position is fully funded.
Position limitsNot published.

Score breakdown

4.0Regulation

5.0Prices

4.2Markets

4.0Funding

2.5Fees

0.0States

Fanatics Markets pros and cons

Pros

FanCash rewards. A promotion for existing customers pays FanCash on cash trades, win or lose, through December 31, 2026.
Live in-game tools. FanViz shows real-time visuals, play-by-play and stats beside live markets.
Price control. Limit orders, plus an adjustable price tolerance on market orders.

Cons

Only 22 states. You can trade only from 22 states and four territories.
Card fees. Debit card, Apple Pay, PayPal and Venmo deposits cost up to 2%.
No live chat. Support runs through a form and email, with replies in 24–48 hours.

How your money is held

Deposits are segregated cleared-swaps collateral under CFTC Part 22. They are pooled with other customers’ money, apart from the firm’s own.

What’s new at Fanatics Markets

Sep 2, 2026Fanatics launched one app combining its sportsbook, casino and Markets. Source
Jul 27, 2026Fanatics agreed to buy a CFTC-designated exchange and clearinghouse from BGC Group. Source
Mar 18, 2026Its broker registered as a futures commission merchant and joined the NFA. Source
Dec 3, 2025Fanatics Markets launched in 10 states, with CDNA as its exchange. Source

Sources

Fanatics Markets review Open Fanatics Markets

#13

FanDuel Predicts

FanDuel’s standalone prediction app, a joint venture with CME Group, built around football combos

2.8/ 5

CoinStats score

Best for: FanDuel customers in states without a FanDuel sportsbook.

FanDuel Predicts is run by FanDuel Prediction Markets LLC, a joint venture of CME Group and FanDuel Group. It is a CFTC-registered futures commission merchant. Its contracts come from CME Group exchanges and, since June 2026, from OG. It launched on December 22, 2025, in five states, before a phased national rollout.

Orders are market orders that fill in full or not at all; there are no limit orders. Cash Out lets you exit select markets early, for 2¢ per $1 of original potential payout. Combos join two or more picks on select sports markets, up to six by its help center. Losses never exceed your order value, excluding fees.

The fee is 2¢ a contract at every price, charged when you buy. Payouts fund new orders at once and become withdrawable in 1–2 business days. Financial markets are open in every state. Sports contracts are offered only where FanDuel runs no online sportsbook.

FanDuel Predicts at a glance

Fee on $100 at 50¢: $4.00
Interest on balance: None published.
Deposit options: Debit card, Apple Pay and online banking
Withdrawal options: Debit card, Apple Pay or online banking, after a review of up to 24 hours. Cards arrive within a day; banks within five business days.
Banking fees: FanDuel says it charges no deposit or withdrawal fees. Deposits are by debit card, Apple Pay or online banking.
Settlement and payout: Payouts fund new orders at once and can be withdrawn after 1–2 business days.
Minimum deposit: Not confirmed
Markets: Sports, Economics, Crypto and Culture
States: Financial markets in every state; sports only in 18 states where FanDuel has no online sportsbook
Age and ID: 18 and over, with name, address and a financial-suitability questionnaire. Not on tribal land.
Structure: A broker, run with CME Group, that routes to CME and to NADEX, the exchange behind OG
Live prices: Inside the app only
Platforms: iOS and Android
App ratings: App Store 4.8 (6.6K) · Google Play 4.6 (1.69K)
Support: Live chat, an email form, X and Facebook. No phone or hours are published.

How FanDuel Predicts trades, its scores, pros and cons

How trading works on FanDuel Predicts

Limit ordersNo. Market orders only, filled in full or not at all.
Selling before settlementOn select markets, through Cash Out, for a fee.
CombosYes. Two or more picks on select sports markets; its help center caps a combo at six.
MarginNot published. Losses cannot exceed the order value, excluding fees.
Position limitsNot published.

Score breakdown

4.0Regulation

1.0Prices

3.3Markets

3.0Funding

5.0Fees

0.0States

FanDuel Predicts pros and cons

Pros

CME Group behind it. The broker is a joint venture with CME Group, and CME exchanges list its contracts.
Football combos. Combos join up to six picks on select sports markets, with player props and live scoring.
No banking fees. FanDuel says it charges no deposit or withdrawal fees.

Cons

Market orders only. You cannot set a limit price, and early exit works on select markets only.
Sports in some states only. Sports contracts run only in the 18 states where FanDuel has no online sportsbook.
Prices stay in the app. There are no public web prices or API.

How your money is held

FanDuel Prediction Markets says it is not FDIC insured or SIPC protected. Predicts money is kept apart from other FanDuel products.

What’s new at FanDuel Predicts

Sep 10, 2026The Real app named FanDuel its exclusive sportsbook and prediction-market partner. Source
Jun 9, 2026FanDuel added sports, entertainment and combination contracts listed through OG. Source
Dec 22, 2025FanDuel Predicts launched in Alabama, Alaska, North Dakota, South Carolina and South Dakota. Source
Nov 12, 2025FanDuel and CME Group announced the FanDuel Predicts app. Source

Sources

FanDuel Predicts’s own offer

Get $100 in Predicts bonus by trading $1 a day for five days, in 18 listed states. It runs to October 20, 2026.

Checked Sep 25, 2026. Offer terms

FanDuel Predicts review Open FanDuel Predicts

#14

PrizePicks

Kalshi contracts inside the PrizePicks fantasy app, as Team Picks and Culture Picks

2.7/ 5

CoinStats score

Best for: PrizePicks fantasy players.

PrizePicks brings event contracts into its fantasy app as Team Picks and Culture Picks. Its broker, PrizePicks Predict, is a CFTC-registered futures commission merchant. Contracts trade on Kalshi and clear through Kalshi Klear. Allwyn owns about 62% of the company, after a deal completed in January 2026.

Every order is a limit order within 5% of the market price, and partial fills are not allowed. Single picks can be sold before the event closes, minus fees. Lineups take up to six picks: stack six Team Picks, or mix in at least two Player Picks. There is no margin.

The service fee runs 0.5¢ to 2¢ a contract on each buy or sell, and nothing on a payout. Money from contracts moves to your PrizePicks account before any withdrawal. Sports contracts reach 34 states; there are no event contracts in Arizona, Nevada, New York or Washington.

PrizePicks at a glance

Fee on $100 at 50¢: $4.00
Interest on balance: None. Its terms say no interest is payable on deposits.
Deposit options: Debit card, instant bank transfer and Apple Pay
Withdrawal options: From your PrizePicks account by bank, PayPal, Venmo, Apple Pay or debit card, from $10. Up to 5 business days, or 10 with tax forms.
Banking fees: Not published. Only Visa or Mastercard debit, instant bank transfer and Apple Pay fund event contracts.
Settlement and payout: Once results are final. No fixed turnaround is published.
Minimum deposit: $10
Markets: Sports, Politics and Culture
States: Sports contracts in 34 states; no event contracts in AZ, NV, NY or WA
Age and ID: 18 and over; 19 in AL and CO; 21 in VA, IL and MA. An SSN check for Team and Culture Picks.
Structure: A broker that routes to Kalshi
Live prices: Inside the app only
Platforms: iOS and Android
App ratings: App Store 4.7 (497K) · Google Play 4.3 (74K), for the whole PrizePicks app
Support: Live chat, email and Discord, advertised as 24/7.

How PrizePicks trades, its scores, pros and cons

How trading works on PrizePicks

Limit ordersRequired: every order is a limit order within 5% of the market price.
Selling before settlementYes, for single Team or Culture Picks, minus fees.
CombosYes. Up to six picks, and every pick must hit: six Team Picks, or a mix with at least two Player Picks.
MarginNo. Contracts are fully collateralized.
Position limitsKalshi sets accountability levels, such as $25,000 per strike on NFL games. Under 21, monthly deposits are capped.

Score breakdown

4.0Regulation

1.0Prices

2.5Markets

3.0Funding

5.0Fees

0.0States

PrizePicks pros and cons

Pros

No fee at settlement. Holding to the end costs nothing extra; the fee applies only when you buy or sell.
Published safeguards. Its broker posts daily segregation statements and monthly net-capital figures.
One app for picks and contracts. Team and Culture Picks sit beside fantasy Player Picks, and lineups can mix them.

Cons

Prices stay in the app. There are no public prices or API, so you cannot check a quote before signing up.
An affiliate may trade against you. Its disclosure says an affiliated market maker may take the other side of your trade.
Narrow funding. PayPal, Venmo and credit cards fund fantasy play, but not event contracts.

How your money is held

Contract money is held as segregated cleared-swaps collateral under CFTC Part 22. That protection ends once money moves to the fantasy account.

What’s new at PrizePicks

Sep 24, 2026Multi-team and multi-athlete combo picks launched in the app. Source
Jan 16, 2026Allwyn completed its purchase of a 62.3% stake in PrizePicks. Source
Nov 14, 2025Team Picks and Culture Picks launched on Kalshi markets in 38 states and DC. Source
Sep 22, 2025The NFA registered PrizePicks Predict as a futures commission merchant. Source

Sources

PrizePicks review Open PrizePicks

#15

Underdog Predict

Prediction Picks inside the Underdog fantasy app, routed to UDX, Kalshi or CDNA

2.6/ 5

CoinStats score

Best for: Underdog fantasy players.

Underdog Predict is run by UDM, a CFTC-registered futures commission merchant since January 9, 2026. It launched in-app sports contracts with CDNA in September 2025. In July 2026 it opened its own exchange, UDX, after buying Aristotle Exchange. IG Group announced a proposed purchase of Underdog on July 30, 2026, subject to diligence and US approvals.

The app shows one market per game and picks the venue: UDX, Kalshi or CDNA. Prediction Cash Out sells at the market price before the event ends, subject to liquidity. Prediction Parlays take up to eight picks, and Combo Entries mix fantasy picks with contracts. Entries run from $1 to $2,000.

Each contract costs 1¢ a side, plus the exchange’s fee. Debit cards, credit cards, Apple Pay and Trustly fund predictions; PayPal and Venmo do not. It is open in 46 states and DC, but not in Arizona, Michigan, Nevada or New York. Payouts typically arrive within 24 hours of settlement.

Underdog Predict at a glance

Fee on $100 at 50¢: $2.00 + exchange fee
Interest on balance: None published.
Deposit options: Debit card, credit card, Apple Pay and Trustly bank transfer
Withdrawal options: Through your Underdog account by debit card, Apple Pay, PayPal, Venmo or Trustly, from $10, free. Processing takes 48–72 hours.
Banking fees: No fee for credit card deposits; other fees are not listed. PayPal and Venmo cannot fund predictions.
Settlement and payout: Most single-game markets settle within hours, and payouts typically arrive within 24 hours.
Minimum deposit: $10
Markets: Sports
States: Open in 46 states and DC; not in AZ, MI, NV or NY
Age and ID: 18 and over, located in an eligible state. An SSN is required for prediction markets.
Structure: A broker that routes to UDX, Underdog’s own exchange, plus Kalshi and CDNA
Live prices: Inside the app only
Platforms: iOS, Android and web
App ratings: App Store 4.8 (322K) · Google Play 4.6 (33.6K), for the whole Underdog app
Support: Chat and email, advertised as 24/7. No phone support is listed.

How Underdog Predict trades, its scores, pros and cons

How trading works on Underdog Predict

Limit ordersNot published for the app, though the UDX rulebook allows them.
Selling before settlementYes. Prediction Cash Out sells at the market price, subject to liquidity.
CombosYes. Prediction Parlays of up to eight picks, and Combo Entries.
MarginNo. Contracts are fully collateralized.
Position limitsEntries from $1 to $2,000.

Score breakdown

5.0Regulation

1.0Prices

0.8Markets

3.0Funding

2.5Fees

3.0States

Underdog Predict pros and cons

Pros

Its own exchange. UDX, launched in July 2026, lists Underdog’s contracts beside Kalshi and CDNA markets.
Fantasy and contracts together. Combo Entries mix pick’em selections and prediction contracts in one entry.
Beyond game lines. Markets include season futures and broadcast mentions, not just single games.

Cons

Prices stay in the app. UDX publishes aggregate volume data, but no live prices.
Sports only. Its contracts are all sports-related, with no politics or economics markets.
A sale pending. IG Group’s proposed purchase is subject to diligence and US approvals, expected late 2026 or early 2027.

How your money is held

Prediction funds sit in your futures account at UDM, apart from fantasy balances, under CFTC segregation rules. UDM holds them at Banc of California.

What’s new at Underdog Predict

Jul 30, 2026IG Group announced a proposed purchase of Underdog for up to about $1.3 billion. Source
Jul 18, 2026Underdog launched prediction markets on its own exchange, UDX. Source
Jan 9, 2026UDM registered as a futures commission merchant and joined the NFA. Source
Sep 2, 2025Underdog launched sports event contracts in its app, with CDNA as the exchange. Source

Sources

Underdog Predict review Open Underdog Predict

Top picks by category

Best overall

Kalshi

4.9 out of 5. Runs its own exchange, KalshiEX, and clearinghouse, Kalshi Klear. Funding: ACH, RTP, debit card, Apple Pay, Google Pay, PayPal, Venmo, Cash App (deposits only), wire and crypto deposit.

See Kalshi in the ranking

Best for crypto holders

OG

4.6 out of 5. Runs its own exchange, NADEX, which also runs Crypto.com’s CDNA brand. Funding: ACH, wire, PayPal, Venmo, debit card, Apple Pay, Google Pay and crypto.

See OG in the ranking

Best for bank deposits

Gemini Predictions

4.7 out of 5. Runs its own exchange, Gemini Titan, and clearinghouse, Gemini Olympus. Funding: ACH, wire and PayPal.

See Gemini Predictions in the ranking

Best inside an app you already use

Interactive Brokers

4.4 out of 5. Runs ForecastEx, and also routes to Kalshi and CME. Funding: wire, ACH, online bill pay, Wise, check and stablecoin.

See Interactive Brokers in the ranking

Which prediction market app is right for you?

The best prediction markets for you depend on how you fund, what you trade and where you live.

If you fund from a bank

Top pick: Kalshi. Also consider Gemini Predictions, Polymarket US and OG.

If you already hold crypto

Top pick: Kalshi. Also consider OG, Interactive Brokers and ProphetX. Best crypto prediction markets

If you want to check prices before you sign up

Most apps here show live prices without an account, including Kalshi, Gemini Predictions, Polymarket US and OG. Our odds pages put Polymarket's global book next to Kalshi, question by question.

If you trade sports

Check the state list first. DraftKings Predictions, Fanatics Markets, FanDuel Predicts and PrizePicks offer sports contracts only in the states they name. Court rulings have closed sports contracts in some states for other apps too. Legality by state · Best sports prediction market apps

If you already use a brokerage, sportsbook or crypto app

These add event contracts to an app you may already have. You sign in with the account you use there.

Brokerages: Interactive Brokers, Robinhood and Webull
Crypto exchanges: Gemini Predictions and Coinbase
Sportsbooks: DraftKings Predictions and Fanatics Markets
Fantasy apps: PrizePicks and Underdog Predict

Prediction market app updates

The latest launches, licenses and court actions across these apps, newest first. Each entry links to its source.

Sep 24, 2026Polymarket US: New York’s attorney general and governor announced a lawsuit against Polymarket US. Source
Sep 24, 2026PrizePicks: Multi-team and multi-athlete combo picks launched in the app. Source
Sep 17, 2026Novig: Missouri’s attorney general sent Novig a cease-and-desist letter over sports contracts. Source
Sep 10, 2026Gemini Predictions: Connecticut announced orders telling nine prediction markets, including Gemini, to stop sports contracts. Source
Sep 10, 2026ProphetX: Connecticut announced orders telling nine prediction markets, including ProphetX, to stop sports contracts. Source
Sep 10, 2026Coinbase: Connecticut announced orders telling nine prediction markets, including Coinbase, to stop sports contracts. Source
Sep 10, 2026FanDuel Predicts: The Real app named FanDuel its exclusive sportsbook and prediction-market partner. Source
Sep 8, 2026OG: Robinhood named OG an infrastructure partner; the release describes OG’s spin-off from Crypto.com. Source
Sep 2, 2026Fanatics Markets: Fanatics launched one app combining its sportsbook, casino and Markets. Source
Aug 28, 2026Kalshi: The Ninth Circuit ruled federal law likely does not stop Nevada from regulating Kalshi’s sports contracts. Source
Aug 4, 2026Gemini Predictions: Gemini’s own clearinghouse, Gemini Olympus, took over clearing from Polymarket Clearing. Source
Aug 4, 2026Novig: Novig launched nationwide as a CFTC-regulated sports prediction market. Source
Jul 30, 2026Underdog Predict: IG Group announced a proposed purchase of Underdog for up to about $1.3 billion. Source
Jul 27, 2026Fanatics Markets: Fanatics agreed to buy a CFTC-designated exchange and clearinghouse from BGC Group. Source
Jul 18, 2026Underdog Predict: Underdog launched prediction markets on its own exchange, UDX. Source
Jul 14, 2026DraftKings Predictions: The NFA registered DraftKings Predictions as a futures commission merchant. Source
Jul 13, 2026Kalshi: Kalshi released Kalshi Pro, a desktop trading terminal. Source
Jun 26, 2026DraftKings Predictions: DraftKings launched DKeX, its own exchange, inside the Sports & Casino app. Source
Jun 18, 2026ProphetX: ProphetX launched nationwide on iOS, Android and the web. Source
Jun 16, 2026Novig: The CFTC designated Ludlow Exchange, Novig’s exchange, as a contract market. Source

Earlier updates

Jun 13, 2026OG: OG launched in New York. Source
Jun 11, 2026ProphetX: The CFTC designated ProphetX as a contract market. Source
Jun 10, 2026ProphetX: The CFTC registered ProphetX as a derivatives clearing organization. Source
Jun 9, 2026OG: FanDuel Predicts began routing new sports and combination contracts through OG. Source
Jun 9, 2026FanDuel Predicts: FanDuel added sports, entertainment and combination contracts listed through OG. Source
Jun 4, 2026Robinhood: Robinhood began routing contracts to Rothera, starting with the World Cup. Source
May 29, 2026Kalshi: Kalshi announced CFTC-regulated perpetual futures, its first product beyond event contracts. Source
May 29, 2026Polymarket US: A Nevada court granted the state a preliminary injunction against Polymarket US. Source
May 14, 2026Interactive Brokers: IBKR launched one interface for trading Kalshi, CME Group and ForecastEx contracts. Source
Apr 21, 2026Gemini Predictions: New York’s attorney general sued Gemini Titan and Coinbase Financial Markets. Source
Apr 21, 2026Coinbase: New York’s attorney general sued Coinbase Financial Markets and Gemini Titan. Source
Apr 6, 2026Kalshi: The Third Circuit upheld Kalshi’s preliminary injunction against New Jersey regulators. Source
Mar 26, 2026Coinbase: A Nevada court granted the state a preliminary injunction against Coinbase Financial Markets. Source
Mar 18, 2026Fanatics Markets: Its broker registered as a futures commission merchant and joined the NFA. Source
Feb 18, 2026Novig: Novig raised a $75 million Series B led by Pantera Capital. Source
Feb 3, 2026OG: Crypto.com launched OG as a standalone prediction-market app. Source
Jan 27, 2026Webull: Webull offered commission-free trading on Big Game prediction markets. Source
Jan 22, 2026Interactive Brokers: ForecastEx appointed forecaster Philip Tetlock to its board. Source
Jan 20, 2026Robinhood: Its joint venture with Susquehanna closed the purchase of MIAXdx, renamed Rothera. Source
Jan 16, 2026PrizePicks: Allwyn completed its purchase of a 62.3% stake in PrizePicks. Source
Jan 9, 2026Underdog Predict: UDM registered as a futures commission merchant and joined the NFA. Source
Dec 22, 2025FanDuel Predicts: FanDuel Predicts launched in Alabama, Alaska, North Dakota, South Carolina and South Dakota. Source
Dec 19, 2025DraftKings Predictions: DraftKings Predictions launched in 38 states, with CME Group as its first exchange. Source
Dec 17, 2025Coinbase: Coinbase began rolling out prediction markets in its main app, with Kalshi markets. Source
Dec 10, 2025Gemini Predictions: The CFTC designated Gemini Titan as a contract market. Source
Dec 3, 2025Fanatics Markets: Fanatics Markets launched in 10 states, with CDNA as its exchange. Source
Nov 25, 2025Robinhood: Robinhood agreed to stop new Nevada sports contracts after a judge refused a restraining order. Source
Nov 24, 2025Polymarket US: The CFTC amended QCX’s designation, letting brokers route customer orders to it. Source
Nov 14, 2025PrizePicks: Team Picks and Culture Picks launched on Kalshi markets in 38 states and DC. Source
Nov 12, 2025FanDuel Predicts: FanDuel and CME Group announced the FanDuel Predicts app. Source
Oct 21, 2025DraftKings Predictions: DraftKings bought Railbird, including a CFTC-designated exchange. Source
Sep 22, 2025PrizePicks: The NFA registered PrizePicks Predict as a futures commission merchant. Source
Sep 2, 2025Underdog Predict: Underdog launched sports event contracts in its app, with CDNA as the exchange. Source
Jul 21, 2025Polymarket US: Polymarket closed its $112 million purchase of QCEX, a CFTC-licensed exchange and clearinghouse. Source
Jun 10, 2025Webull: Webull launched Kalshi’s hourly Bitcoin and Ethereum contracts. Source
May 6, 2025Interactive Brokers: Forecast contracts moved to nearly 24-hour trading, Sunday to Friday. Source
Mar 17, 2025Robinhood: Robinhood launched its Prediction Markets Hub, with contracts from Kalshi. Source
Feb 12, 2025Webull: Webull announced a partnership with Kalshi to offer event contracts. Source

How to choose a prediction market app

Check it is open where you live. Sports contracts are unavailable in some states. Legality by state
Match the funding rail to your money. Dollars from a bank and crypto from a wallet lead to different apps.
Read the fee schedule. Most exchange fees peak near 50¢ and shrink toward either end. Fees compared
Check the markets you want. Coverage runs from sports-first apps to every category.
Compare the price first. The same question can cost less on another venue. Kalshi vs Polymarket

Fees on an identical $100 position

Here is what each app charges to buy $100 of Yes at 50¢, which is 200 contracts. We assume you take the price on offer and hold to settlement. Figures come from each app's published schedule, rounded to the cent.

App	Fee on $100 at 50¢	How it is charged
Kalshi	$3.50	0.07 × contracts × price × (1 − price), rounded up to the cent. S&P and Nasdaq series use 0.035; some charge makers 0.0175.
Gemini Predictions	$3.50	0.07 × contracts × price × (1 − price) for takers; 0.0175 for makers, waived on qualifying trades through December 31, 2026.
Polymarket US	$3.48	0.0695 × contracts × price × (1 − price) for takers on most markets, and more on combos. Makers pay no fee.
OG	$3.50	0.07 × contracts × price × (1 − price) for takers, 0.0175 for makers. Crypto, FX, commodity and index contracts cost 2¢ each.
Interactive Brokers	$2.00 to $4.00	1¢ a contract on ForecastEx; 2¢ on Kalshi or CME, commission and exchange fee together.
Robinhood	$2.00 to $4.00	A commission of 10% × price × (1 − price), capped at 1¢ a contract, or 5% with Gold. The exchange adds up to 1¢.
ProphetX	$2.00 if it wins, $0 if not	2% of net gains on straight trades; nothing on a loss. Parlays carry a separate taker fee.
Coinbase	Not published	Shown before each trade; no rate is published.
Webull	$4.00	A 1¢ commission plus a 1¢ exchange fee, per contract.
Novig	$0.00 to $5.00	Pre-game: free. Live: 0.03, or 0.06 on college football spreads and totals. Futures: 0.06, except golf and tennis. Parlays: 0.10. Each × contracts × price × (1 − price); makers pay nothing.
DraftKings Predictions	Up to $4.00	All-in, including the exchange fee: up to 2¢ a contract each way, less at the extremes. Each trade's total rounds up to the cent.
Fanatics Markets	Up to $4.00	Up to 2¢ a contract near 50¢, less toward either end. The schedule lists maximums by price.
FanDuel Predicts	$4.00	A flat 2¢ a contract when you buy, at any price, and 2¢ again if you cash out early.
PrizePicks	$4.00	A commission of 2¢ a contract on each side, less below 4¢. No separate exchange fee is listed.
Underdog Predict	$2.00 + exchange fee	1¢ a contract on each side, plus the exchange’s fee.

Deposit and withdrawal fees are extra, and some apps charge for card deposits. Prediction market fees, compared across venues

Deposits, withdrawals and interest, compared

How money moves in and out of each app, from its own help pages. Banks and card issuers may add their own fees.

App	Card deposit fee	Withdrawal time	Minimum withdrawal	Interest on cash
Kalshi	2%	Hours to a few business days	Not published	3.25% APY
Gemini Predictions	Cards not accepted	Wire same day ($25)	None for ACH	None published
Polymarket US	None published	1–4 business days	Not published	None published
OG	None	Minutes by RTP (1.5%)	$1	None published
Interactive Brokers	Cards not accepted	Sent the same day, typically	Not published	3.38% APY coupon
Robinhood	None	30 minutes (1.75%) to 1 day	Not published	None published
ProphetX	None listed	Mostly within 24 hours	$5,000 for wires	None published
Coinbase	Account-wide fees	Sweeps every 2 hours, then your method	Not published	None published
Webull	None	30 minutes (1.75%) to 3 days	Not published	Up to 3.60% APY
Novig	3%	Minutes to 48 hours, plus provider time	$10	None published
DraftKings Predictions	Not published	Not published	$1	None published
Fanatics Markets	Up to 2%	2–5 business days	$10,000 for wires	None
FanDuel Predicts	None	1 day (card) to 5 days (bank), after review	Not published	None published
PrizePicks	Not published	Up to 5 business days (10 with tax forms)	$10	None
Underdog Predict	None for credit cards	48–72 hours, then 1–3 days	$10	None published

Is your money safe on a prediction market app?

None of these apps is a bank, and SIPC insurance does not cover event contracts. Protection comes from CFTC rules instead. Brokers and clearinghouses must keep customer money apart from their own. Here is how each app describes where your money sits.

Kalshi: Members’ funds are segregated at the clearinghouse, Kalshi Klear, and treated as belonging to members. Klear may not mix them with its own.
Gemini Predictions: Your position money sits at Gemini Olympus in member accounts, apart from Olympus’s own funds.
Polymarket US: Funds sit in a dedicated customer account, separate from Polymarket US’s operating money. The clearinghouse segregates its direct members’ funds.
OG: Direct members fund a segregated account at NADEX’s settlement bank, and deposits count as member property under CFTC rules.
Interactive Brokers: ForecastEx keeps member funds apart from its own and segregates customer funds under CFTC Part 22. SIPC does not cover futures.
Robinhood: Robinhood Derivatives is not a bank, and its accounts carry no SIPC or FDIC cover. In an insolvency, CFTC Part 190 rules apply.
ProphetX: Customer cash is member property, held in segregated accounts at ProphetX’s settlement bank.
Coinbase: Collateral sits in sequestered cleared-swaps customer accounts at Citibank and at Kalshi Klear’s bank. It is not mixed with the broker’s own money.
Webull: Webull says event contract accounts are not protected by SIPC. Buying power moves automatically from your linked brokerage account.
Novig: Novig says deposits sit at the clearinghouse as proprietary funds under CFTC rules. Ludlow does not hold them.
DraftKings Predictions: Cash sits in your DraftKings account and moves to the broker only to cover a trade. CFTC customer-fund rules do not cover money held by the affiliate.
Fanatics Markets: Deposits are segregated cleared-swaps collateral under CFTC Part 22. They are pooled with other customers’ money, apart from the firm’s own.
FanDuel Predicts: FanDuel Prediction Markets says it is not FDIC insured or SIPC protected. Predicts money is kept apart from other FanDuel products.
PrizePicks: Contract money is held as segregated cleared-swaps collateral under CFTC Part 22. That protection ends once money moves to the fantasy account.
Underdog Predict: Prediction funds sit in your futures account at UDM, apart from fantasy balances, under CFTC segregation rules. UDM holds them at Banc of California.

Are prediction market apps legit?

Yes, when they are CFTC-regulated. Every app here either runs a CFTC-registered exchange or routes orders to one. The CFTC regulates their contracts as derivatives. For sports contracts, several state courts have ruled otherwise.

Regulation does not protect you from losing. A contract that resolves against you settles at $0. Trading responsibly

Are prediction markets legal in every state?

Sports contracts are the contested ones. 17 states have acted against them, and courts have split on whether states may. On September 10, 2026, Connecticut announced orders telling nine apps to stop offering sports contracts, including Polymarket, Coinbase and Robinhood. Missouri's attorney general sent similar letters a week later. Check your state

Pick an app from the ranking. Start with how you will fund it and where you live.
Create an account and verify your identity. US-regulated apps check who you are before you trade.
Deposit. Use a rail the app supports: bank, card, wire, wallet or crypto.
Buy Yes or No. The price is the market's probability, and a correct contract pays $1. How contracts work

Best prediction market apps by category

The same method, reweighted for one kind of trader. Each ranking swaps market coverage for a checklist on its topic.

Sports

Best sports prediction market apps

14 apps ranked, led by ProphetX with 5.0 out of 5. Scored on leagues, player props, parlays, live trading and where sports contracts are open.

See the sports ranking

Crypto

Best crypto prediction markets

6 apps ranked, led by Kalshi with 5.0 out of 5. Scored on crypto deposits and payouts, stablecoins, coins accepted and Bitcoin price contracts.

See the crypto ranking

Prediction market app FAQ

What is the best prediction market app?

Kalshi ranks first on our published method, with 4.9 out of 5. The best app for you depends on how you fund and what you trade.

Can I use Polymarket in the US?

Yes, through Polymarket US, a CFTC-regulated exchange with its own app. From the US, the international polymarket.com only lets you close positions.

Which prediction market apps show live prices without an account?

12 of the 15 apps here do, on their websites or a free API. FanDuel Predicts, PrizePicks and Underdog Predict show prices only inside their apps.

Which prediction market app has the lowest fees?

It depends on the contract. On a $100 trade at 50¢, published fees run from $0.00 to $5.00. The fee table on this page shows each app.

Do prediction market apps pay interest on your balance?

Kalshi, Interactive Brokers and Webull do. The rest pay nothing on idle cash or publish no rate. The funding table shows each rate.

How fast are withdrawals from prediction market apps?

It depends on the app and the method, from minutes to about five business days. The funding table on this page lists each app.

Can you sell a prediction market contract before the event ends?

On 13 of the 15 apps reviewed, yes, subject to liquidity. Some apps do not let you sell combos or parlays early.

What are combos on prediction market apps?

A combo, or parlay, joins several markets into one contract that pays only if every leg wins. 14 of the 15 apps reviewed offer them.

How old do you have to be to use a prediction market app?

Most require 18. Interactive Brokers, Novig and Fanatics Markets require 21, and some apps set higher ages in certain states.

Which prediction market app has the best app-store rating?

Among apps with at least 10,000 App Store ratings, DraftKings Predictions leads at 4.9 from 12K. Some ratings cover a whole app, not just its prediction markets.

Is my money protected on a prediction market app?

SIPC insurance does not cover event contracts, and none of these apps is a bank. CFTC rules require brokers and clearinghouses to keep customer money apart from their own.

Are prediction market sites and apps the same?

Mostly. 11 of the 15 let you trade on the web as well as in an app. Robinhood, Webull, FanDuel Predicts and PrizePicks trade only in their apps.

Which prediction market apps take bank deposits?

14 of the 15 apps list bank transfers, including Kalshi, Gemini Predictions and Polymarket US.

Can I fund a prediction market app with crypto?

Yes, on 6 apps here: Kalshi, OG, Interactive Brokers, ProphetX, Coinbase and Novig.

Are prediction market apps legit?

The apps on this list are CFTC-regulated, either as an exchange or through one. That does not protect you from losing money on a contract.

Are prediction markets legal in every state?

Sports contracts are the contested ones: 17 states have acted against them, and courts have split on whether states may.

How are these apps ranked?

Six criteria scored 0 to 5: regulation, live prices, market coverage, funding, published fees and state availability. The weights are on this page.

Can I use more than one prediction market app?

Yes. When two apps list the same question, their prices often differ, so holding both lets you buy the cheaper side.

Is a prediction market app the same as a betting app?

The CFTC treats event contracts on a registered exchange as derivatives, not bets. Courts have split on sports contracts, and some states call them wagers.

How often is this list updated?

Every 90 days, and whenever an app changes its fees, funding or state availability. The date at the top shows the last change.

Does CoinStats earn money from these links?

CoinStats may earn a commission when you open an account through a link here. No app pays for its position in the ranking.

See the price before you pick an app

Polymarket's global book next to live Kalshi prices, question by question.

Compare live odds Check your state

CoinStats may earn a commission on links to prediction market apps. Event contracts are financial derivatives and can lose their entire value. Nothing here is financial or legal advice. Scores reflect what each app published as of September 25, 2026, not our own trading.