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Novig vs PredictIt
Generated from the same platform records as our written comparisons — the figures are the ones in each review. We have not published an editorial verdict on this combination, so this view carries no ranking of our own and stays out of search results.
Novig
Regulated exchange · USD · United States
— out of 10, editor score
- +Regulated: CFTC Designated Contract Market: Ludlow Exchange, LLC (d/b/a Novig), designated 16 June 2026
- +Public API
- +iOS and Android apps
PredictIt
Regulated exchange · USD · United States
3.9 out of 10, editor score
Row by row
The edge on each row is marked. Rows that describe rather than rank — jurisdiction, currencies, market categories — say “no edge” instead of picking a side.
| Criterion | Novig | PredictIt | Edge |
|---|---|---|---|
| Overview | |||
| Editor Score | Not rated | 3.9/10 | No edge |
| Type | Regulated exchange | Regulated exchange | No edge |
| Launched | 2024 | — | No edge |
| Mobile apps | iOS, Android | — | No edge |
| Fees | |||
| Fee conditions & evidence | Novig's help centre says "only takers pay trading fees on Novig. The maker fee is $0" (support.novig.com/en/articles/16195057-fees-on-novig, read 28 Sep 2026). Pre-game straight trades carry no fee for maker or taker (app/web and API). Taker fees are 0.03 x P x (1-P) per contract on live straight trades, 0.06 x P x (1-P) on futures, and 0.10 x P x (1-P) on parlays (the parlay fee is built into the quoted price). At a 50c contract that works out to about 1.5%, 3% and 5% of the stake respectively. Our calculation: 0.03 x 0.25 = $0.0075 per 50c contract. The help centre's worked example is 100 live contracts at 50% = $0.75. Makers on live and futures markets can earn a rebate through the Maker Credit Program: "50% of the Live Taker Fee collected" and "70% of the Futures Taker Fee collected", starting 10 September 2026. Deposits by credit card, debit card or Apple Pay use 'standard pricing' with a 3% fee; bank transfers (Stripe, Aeropay) and stablecoins (Coinflow) use no-fee 'discount pricing' (support.novig.com/en/articles/15062817, read 28 Sep 2026). No withdrawal fee is stated anywhere we read. Review evidence · Official fee source | PredictIt charges 10% of profit on profitable share sales or settlement, using purchase order (FIFO) for partial sales. No profit fee applies to break-even or losing trades. Withdrawals cost 5%, with a 30-day hold after the initial deposit; the terms allow additional method-specific charges. These percentages use different bases and must not be added into a single 15% trading fee. Review evidence · Official fee source | Depends on the trade |
| Maker fee | See fee conditions above | See fee conditions above | No edge |
| Taker fee | See fee conditions above | See fee conditions above | No edge |
| Withdrawal fee | — | — | No edge |
| Deposits and withdrawals | |||
| Minimum deposit | — | — | No edge |
| Currencies | USD | USD | No edge |
| Markets | |||
| Market categories | Sports | Politics, Economy | No edge |
| Public API | Yes | — | No edge |
| Access and regulation | |||
| Jurisdiction | United States | United States | No edge |
| Licensing | CFTC Designated Contract Market: Ludlow Exchange, LLC (d/b/a Novig), designated 16 June 2026 | — | No edge |
| KYC required | Yes | — | No edge |
| KYC trigger | At sign-up: legal name, date of birth, address, phone, last 4 digits of SSN, and a current US driver's licence or state ID (support.novig.com Account Verification). | — | No edge |
| Supported countries | — | — | No edge |