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PredictIt vs ProphetX
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
ProphetX
Regulated exchange · USD · United States
— out of 10, editor score
- +Regulated: CFTC Designated Contract Market (DCM): ProphetX LLC, Order of Designation issued 11 June 2026
- +$10 minimum deposit
- +Public API
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 | PredictIt | ProphetX | Edge |
|---|---|---|---|
| Overview | |||
| Editor Score | 3.9/10 | Not rated | No edge |
| Type | Regulated exchange | Regulated exchange | No edge |
| Launched | — | 2026 | No edge |
| Mobile apps | — | iOS, Android | No edge |
| Fees | |||
| Fee conditions & evidence | 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 | Single-event (straight) trades: "All straight trades on site will be charged a 2% trading fee on net gains per market" (prophetx.co Trading Fees page, v1.2, updated 24 Sep 2026; also the help centre's Understanding Fees page). The CFTC self-certification words this as "2% of net proceeds ... calculated on a per-market basis upon settlement" (ProphetX LLC filing, 12 June 2026, extended 14 Aug 2026). The same filing sets a monthly make-volume rebate on fees paid: 0% up to $50k, then 20%, 40%, 60% and 80% marginal tiers above $7.5M. Parlay contracts: the fee is charged only to the taker, using F(p) = 0.014 x (1-p)/(0.19+p) + 0.004 per contract, with a $0.01 minimum. The help centre says "If your resting order is filled by an incoming order (a maker order), you are not charged a trade fee." The minimum deposit is $10 (help centre). Neither the operator's help centre nor its terms list a deposit or withdrawal fee, and the EdgeBoost deposit route is described as having "no fees". Terms 6.11: "Your access to Account funds will automatically expire in the event an Account becomes Dormant", where dormant means 60 days with no trading. 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 | — | $10 | No edge |
| Currencies | USD | USD | No edge |
| Markets | |||
| Market categories | Politics, Economy | Sports, Politics | No edge |
| Public API | — | Yes | No edge |
| Access and regulation | |||
| Jurisdiction | United States | United States | No edge |
| Licensing | — | CFTC Designated Contract Market (DCM): ProphetX LLC, Order of Designation issued 11 June 2026, CFTC Derivatives Clearing Organization (DCO): ProphetX LLC, registered 10 June 2026 | No edge |
| KYC required | — | Yes | No edge |
| KYC trigger | — | At account opening. Identity is checked automatically, with ID, selfie and SSN upload if that fails. The help centre says "Accounts that are pending verification ... will not be able to make a deposit, trade, or withdrawal." Wires also need a bank statement, ID and a selfie holding the ID. | No edge |
| Supported countries | — | — | No edge |