PredictIt
Established political prediction market operating under CFTC no-action relief, focused on US politics.
Prediction Markets
Regulated Platforms
Free Available
Pricing
Free Available
Platforms
Web
API Access
Yes
Founded
2014
Overview
PredictIt is one of the longest-running prediction market platforms in the US, specializing in political event contracts (elections, legislation, geopolitics) under a CFTC no-action letter rather than full CFTC registration. Founded in partnership with Victoria University of Wellington, it has a dedicated community of political traders who use it as a real-money benchmark for US political forecasting. Trading fees include a 10% fee on profits and 5% on withdrawals.
Key Features
- Political event contracts on US elections, legislation, and global politics
- Long-running platform with an established forecasting community
- Operates under CFTC no-action letter (not full CFTC registration)
- USD-denominated contracts with $850 per-market investment cap
- 10% profit fee and 5% withdrawal fee model
- Web-based platform with real-money political betting
- Used by researchers, academics, and political forecasters
Pricing Plans
Standard
$0/mo
- 10% fee on net profits per market
- 5% fee on withdrawals
- Free to create account and browse markets
- Max $850 investment per market (regulatory limit)
- Access to all political prediction markets
