Home › Polymarket alternatives
Facts checked September 24, 2026 against each platform's own pages, regulator records, court filings and news reports · numbered sources below
The closest Polymarket alternatives in the US are CFTC-regulated: Kalshi, Crypto.com and Interactive Brokers' ForecastEx run their own exchanges, while Robinhood and DraftKings Predictions are brokers that route orders to such exchanges [1][2][3][4][5]. PredictIt is a smaller political market with a $3,500 cap under a CFTC no-action letter [6][7], Manifold is play money [8], and outside the US the long-standing alternative is Betfair Exchange, which bars US customers [9]. For sports, Novig runs its own CFTC-regulated exchange and Underdog Predict routes to regulated exchanges [10][11]; Limitless and Myriad are crypto-native markets that bar US users [12][13].
| Platform | What it is | Who can use it | Fees in short | |
|---|---|---|---|---|
| Polymarket (for reference) | Polymarket.com (international, not CFTC-regulated) and Polymarket US (CFTC designated contract market) [14][15] | Polymarket.com is blocked in 39 countries including the US; US residents use Polymarket US [16][17] | Takers only: shares x rate x p x (1-p), rate 0 to 0.07; Polymarket US: 0.0695 formula with a maker rebate [18][19] | Live odds |
| Kalshi | CFTC-regulated exchange (designated contract market since 2020) [1] | 18+ with ID checks; says it supports users in 140+ countries; geofenced Nevada for sports, election and entertainment contracts in August 2026 [20][21][22] | Takers round up(0.07 x C x P x (1-P)); maker fees on some markets [23] | Compare |
| PredictIt | Not-for-profit political market under a CFTC no-action letter [24][6] | US persons 18+ [24] | 10% of profits; $3,500 cap per contract [25][7] | Compare |
| Robinhood | Broker routing to CFTC-licensed exchanges (Kalshi, ForecastEX, Rothera) [4] | US residents 18+ with a Robinhood account [4] | k x p x (1-p), capped at $0.01 per contract, plus exchange fees [4] | Compare |
| DraftKings Predictions | Introducing broker; contracts listed on CME and other exchanges [5] | US residents 18+ in eligible states [26][27] | $0.01 per contract per side at launch, plus exchange fees [28] | Compare |
| Crypto.com | CFTC-regulated exchange (Crypto.com | Derivatives North America) [2] | US only [29] | Sports: takers 0.07 x C x P x (1-P); crypto and index contracts a flat $0.02 [29] | Compare |
| ForecastEx (Interactive Brokers) | Interactive Brokers' CFTC-regulated exchange [3] | IBKR clients 21+ in the US, Canada, Hong Kong, Ireland and Singapore [30] | $0.01 per contract per side; positions earn a 3.38% APY coupon per IBKR [31][30] | Compare |
| Novig | CFTC-regulated sports exchange (Ludlow Exchange, designated June 2026) [10] | 21+ in the US except Arizona, Nevada and Michigan [32][33] | Takers only; pre-game straight trades free [34] | Compare |
| Underdog Predict | Broker (UDM, LLC) routing to UDX, Kalshi and Crypto.com [11][35] | US residents 18+ in eligible states [35] | $0.01 per contract per side plus exchange fees [36] | Compare |
| Manifold | Play money (mana) [8] | 13+ (parental permission under 18) [37] | No cash fees; mana cannot be cashed out [37] | Compare |
| Betfair Exchange | Licensed betting exchange (UK, Malta, Italy, Romania, Brazil) [38][39][40] | 18+; not in the US, Canada, France, Germany or Spain [9] | Commission of 5% to 7% on net winnings [41] | Compare |
| Limitless | Crypto prediction market on Base, operated from Panama [42][12] | 18+; not the US, Ontario or Alberta [12][43] | 0.40% on AMM markets; order-book takers 0.40% to 3.00% [44] | Compare |
| Myriad | Crypto prediction market on BNB Chain, operated from Grand Cayman [13][45] | Legal age; not the US, France, Singapore, Switzerland and others [13] | Order-book takers up to 1.5% at 50 cents; AMM 0% to 2% [46][47] | Compare |
It depends on what you trade. Kalshi and Crypto.com list sports, politics and economics on CFTC-regulated exchanges; ForecastEx suits Interactive Brokers clients aged 21+ and pays an interest-like coupon; PredictIt suits small political positions up to $3,500 per contract; Robinhood and DraftKings route to regulated exchanges from their own apps. US residents can also use Polymarket's own CFTC-regulated app, Polymarket US. [1][2][30][7][4][5][15]
Manifold uses play money called mana, which cannot be cashed out; every new user starts with M1,000. [8][37]
Polymarket.com works in countries that are not on its blocked list; Betfair Exchange holds licences in the UK, Malta, Italy, Romania and Brazil but bars US customers; Interactive Brokers offers ForecastEx to eligible clients in Canada, Hong Kong, Ireland and Singapore; Kalshi says it supports participation from more than 140 countries; the crypto markets Limitless (on Base) and Myriad (on BNB Chain) bar US users and some other places. [16][39][9][30][21][12][13]
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