Prediction-market platforms
How the major prediction markets stack up on liquidity, fees, funding, and availability — so you can pick the right venue before you trade.
Polymarket
4.9Polymarket is the largest crypto-native prediction market, with the deepest liquidity on news, politics, and crypto questions. Settlement is in USDC on-chain, and it is not available to US persons.
- Funding
- USDC (crypto)
- Tracked volume
- $30.7M
Kalshi
4.9Kalshi is a CFTC-regulated US exchange offering event contracts funded in dollars — no crypto required. It covers economics, politics, weather, and more with regulated, exchange-style trading.
- Funding
- USD (bank/card)
- Tracked volume
- $15.4M
FanDuel Predicts
4.2FanDuel Predicts is FanDuel’s CFTC-regulated event-contract market, launched in January 2026 through a partnership with CME Group. It brings prediction trading to FanDuel’s large US customer base, funded in dollars with no crypto required.
- Funding
- Real money
- Tracked volume
- $0
OG
4.0OG is Crypto.com’s CFTC-regulated prediction market, launched in February 2026. It offers multi-outcome event contracts funded in dollars and marks Crypto.com’s entry into the prediction-market space.
- Funding
- Real money
- Tracked volume
- $0
Robinhood Event Contracts
4.0Robinhood Event Contracts extend Robinhood’s brokerage app into CFTC-regulated prediction trading. The offering leans on Robinhood’s existing customer base and commission-free positioning to lower the barrier to event trading.
- Funding
- Real money
- Tracked volume
- $0
Interactive Brokers
3.9Interactive Brokers offers CFTC-regulated forecast contracts through its ForecastEx exchange, surfaced inside the IBKR trading platform. It targets professional and active traders who already use IBKR for stocks, options, and futures.
- Funding
- Real money
- Tracked volume
- $0
Insight Prediction
3.6Insight Prediction is a CFTC-regulated event-contract exchange focused on political and economic markets. It gives US traders regulated access to forecast contracts on elections, policy, and macro outcomes, funded in dollars.
- Funding
- Real money
- Tracked volume
- $0
Metaculus
3.5Metaculus is a forecasting platform built around community predictions and track records, not a real-money market. Its aggregated probabilities are a respected signal on science and long-horizon questions.
- Funding
- Real money
- Tracked volume
- $0
ProphetX
3.4ProphetX is a newer entrant in the CFTC-regulated prediction-market space, offering US traders dollar-funded event contracts. As a recent launch, it is still building out its market catalog and liquidity.
- Funding
- Real money
- Tracked volume
- $0
Manifold Markets
3.3Manifold Markets is a play-money ('mana') platform spanning an enormous breadth of user-created questions. Prices are a useful probability signal, not a tradeable real-money line.
- Funding
- Play money (mana)
- Pricing
- Signal only
PredictIt
3.0PredictIt is a long-running political prediction market operating under a CFTC no-action posture. Markets are politics-only with per-contract position caps.
- Funding
- USD (bank/card)
- Tracked volume
- $310K
Prediction-market platforms FAQ
- What is the best prediction market platform?
- It depends on where you live and how you want to fund. Polymarket has the deepest liquidity but requires crypto and excludes US persons; Kalshi is CFTC-regulated and funds in dollars. Each review breaks down the tradeoffs.
- Are prediction markets legal in the US?
- Kalshi operates as a CFTC-regulated exchange and PredictIt runs under a no-action posture, both accessible to US users. Polymarket is not available to US persons. Always confirm eligibility for your state.
- Do prediction markets charge fees?
- Fee models vary: Polymarket charges no trading fee but you pay on-chain gas; Kalshi charges per-contract fees; PredictIt takes a cut of profits and withdrawals. Each review lists the current structure.