Prediction Market Reviews
Every venue we cover, scored against our published methodology. CFTC-regulated platforms first — those are the ones this site is built around.
CFTC-regulated
Licensed as a Designated Contract Market, or operating under CFTC no-action relief.
Kalshi →
4.6 out of 5The only CFTC-licensed exchange with CPI, FOMC, and GDP markets
Fees verified July 17, 2026
Polymarket →
4.1 out of 5World's largest prediction market — global coverage, low fees
Fees verified July 17, 2026
Robinhood Prediction Markets →
3.7 out of 5Prediction markets for Robinhood's 24M+ existing investors — no new account needed
Fees verified July 17, 2026
Fanatics Markets →
3.5 out of 5Sports event trading from the $31B Fanatics empire — low flat per-contract fees
Fees verified July 17, 2026
PredictIt →
3.4 out of 5America's oldest political prediction market — operating under CFTC no-action relief since 2014
Fees verified July 17, 2026
Underdog →
3.3 out of 5Fantasy sports giant enters CFTC-regulated prediction markets — 3M+ active users
Also covered — offshore, not US-eligible
Reviewed editorially for completeness. None holds a CFTC licence, and most exclude US persons in their own terms of service. Not recommended for US investors.
Hyperliquid →
3.5 out of 5Largest perp DEX, now with fully collateralized outcome markets (offshore, non-CFTC)
Outcome →
3.3 out of 5The primary consumer frontend for Hyperliquid's HIP-4 prediction markets (offshore, non-CFTC)
Opinion Trade →
3.2 out of 5AI-oracle-settled macro markets — zero maker fees, DeFi-native (offshore, non-CFTC)
Limitless →
3.1 out of 5Fast CLOB prediction markets on Base — crypto and stock prices by the hour (offshore; CFTC DCM application pending)
Myriad →
3.0 out of 5Media-native prediction markets on BNB Chain (offshore, non-CFTC; US on the restricted list)
Comparing two in particular? See the head-to-head comparisons.