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PredictIt vs Interactive Brokers ForecastTrader

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.

PredictIt

Regulated exchange · USD · United States

3.9 out of 10, editor score

AvailableGo to PredictIt →

Interactive Brokers ForecastTrader

Broker · USD · United States

5.9 out of 10, editor score

AvailableGo to Interactive Brokers ForecastTrader →

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.

PredictIt, Interactive Brokers ForecastTrader compared row by row, with the better value marked on each row.
CriterionPredictItInteractive Brokers ForecastTraderEdge
Overview
Editor Score3.9/105.9/10Interactive Brokers ForecastTrader
TypeRegulated exchangeBrokerNo edge
Launched——No edge
Mobile apps——No edge
Fees
Fee conditions & evidencePredictIt 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 sourceFee conditions have not been verified. Review evidenceDepends on the trade
Maker feeSee fee conditions aboveNot verifiedNo edge
Taker feeSee fee conditions aboveNot verifiedNo edge
Withdrawal fee——No edge
Deposits and withdrawals
Minimum deposit——No edge
CurrenciesUSDUSDNo edge
Markets
Market categoriesPolitics, EconomyEconomy, Politics, ScienceNo edge
Public API——No edge
Access and regulation
JurisdictionUnited StatesUnited StatesNo edge
Licensing—CFTC-designated contract market — ForecastEx LLC (CFTC DCM register: “Designated”, 24 June 2024), CFTC-registered derivatives clearing organization — ForecastEx LLC (per forecastex.com)No edge
KYC required—YesNo edge
KYC trigger—Trading requires an account with a CFTC-registered futures commission merchant that is a Member at ForecastEx (forecastex.com FAQ). The exact identity-verification requirements are not stated.No edge
Supported countries——No edge

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