# The best Robinhood prediction market alternatives in 2026

> Robinhood makes event contracts easy if you already invest there, but trading is app-only, its commission sits on top of exchange fees, and sports are unavailable in four states. These CFTC-regulated alternatives each fix at least one of those problems.

- URL: https://safebet.ai/us/prediction-markets/robinhood-alternatives/
- Markdown version: https://safebet.ai/us/prediction-markets/robinhood-alternatives/index.html.md
- Last updated: 2026-09-30 (re-checked when an operator changes its terms or a regulator or court acts)
- Author: SafeBet.ai Research Team (SafeBet.ai)
- Editorial policy and advertiser disclosure: https://safebet.ai/editorial-policy/

## Why look for a Robinhood alternative?

- You want to trade on the web: Robinhood's website is view-only for event contracts.
- You want lower costs: Robinhood adds a commission of up to 1¢ per contract to the exchange fee, so trading on Kalshi directly is usually cheaper.
- You want to fund with PayPal or Venmo, which Kalshi and OG accept and Robinhood doesn't list.
- You want interest on your positions: Kalshi pays a 3.25% variable APY and ForecastEx a 3.38% coupon, while Robinhood lists none on event contracts.
- You don't want to wait up to 2 weeks for a derivatives account approval.

## The best Robinhood alternatives

### 1. Kalshi — Best overall (9.6/10)

Kalshi is the exchange behind many of Robinhood's contracts, and trading there directly skips Robinhood's commission. You also get web trading, more deposit methods and a 3.25% variable APY on balances of $250 or more.

[Kalshi review](https://safebet.ai/us/prediction-markets/kalshi-review/)

### 2. Polymarket — Best for low fees (8.5/10)

Polymarket US offers a similar mix of sports, politics and crypto contracts with a taker fee of up to 1.74¢ per contract and a rebate for makers. It works on the web as well as iOS, but it isn't available in Nevada and takes only debit card, ACH and wire.

[Polymarket review](https://safebet.ai/us/prediction-markets/polymarket-review/)

### 3. Crypto.com (OG) — Best for flexible deposits (8.6/10)

OG, Crypto.com's prediction-market platform, already supplies some of Robinhood's football contracts, and you can trade on it directly on iOS, Android or the web. It accepts PayPal, Venmo, Apple Pay and Google Pay with no OG deposit fee, though makers pay a trading fee.

[Crypto.com (OG) review](https://safebet.ai/us/prediction-markets/crypto-com-review/)

### 4. Interactive Brokers — Best for earning interest (8.1/10)

If you like trading from a brokerage account, Interactive Brokers is the closest match, with no commission on ForecastEx contracts, a 1¢ exchange fee and a 3.38% APY coupon on positions. It has no sports contracts, and you must be 21 or older.

[Interactive Brokers review](https://safebet.ai/us/prediction-markets/interactive-brokers-review/)

## Other options

- **Webull:** Webull offers Kalshi-listed contracts in a separate Events account for a 1¢ commission plus Kalshi's 1¢ exchange fee on each opening and closing trade, with API access for algorithmic traders. Sports contracts aren't available in Nevada, Maryland, Connecticut or Michigan.
- **Coinbase:** Coinbase offers Kalshi-listed event contracts inside its app through Coinbase Financial Markets, a CFTC-registered broker. It is winding down sports contracts in Michigan, and its event-contract fees couldn't be verified for this article.

## When to stick with Robinhood

Stay with Robinhood if you already keep your investments there and want event contracts without opening another account. Its routing across Kalshi, ForecastEx, Rothera and OG gives you deep liquidity, and Gold members pay half the commission rate on low- and high-priced contracts.

## Comparison

| # | Prediction market | Score | Regulation | Availability | Markets | Fees | Deposits | Apps | Min. age |
|---|---|---|---|---|---|---|---|---|---|
| 2 | [Robinhood](https://safebet.ai/us/prediction-markets/robinhood-review/) | 9.0/10 | CFTC-registered broker (FCM) | Most states; no sports in MD, NV, MI, WA | Sports, politics, economics, crypto + | Up to 2¢/contract incl. exchange fee | ACH, instant transfer, debit card, wire | iOS, Android; web is view-only | 18+ |
| 1 | [Kalshi](https://safebet.ai/us/prediction-markets/kalshi-review/) | 9.6/10 | CFTC exchange + clearinghouse | Most states; limits in NV, MI, WA | Sports, politics, economics, crypto + | Up to 1.75¢/contract (taker) | ACH, card, PayPal, Venmo, crypto | iOS, web; Android not verified | 18+ |
| 4 | [Polymarket](https://safebet.ai/us/prediction-markets/polymarket-review/) | 8.5/10 | CFTC exchange + clearinghouse | All states except NV, per Polymarket US | Sports, politics, crypto, economics + | Up to 1.74¢/contract (taker); maker rebate | Debit card, ACH, wire | iOS, web; Android rollout unclear | 18+ |
| 3 | [Crypto.com (OG)](https://safebet.ai/us/prediction-markets/crypto-com-review/) | 8.6/10 | CFTC exchange + clearinghouse (NADEX) | All states per OG; some contracts vary | Sports, politics, crypto, financials + | Up to 1.75¢/contract; makers pay too | ACH, card, PayPal, Venmo, Apple Pay | iOS, Android, web | 18+ |
| 5 | [Interactive Brokers](https://safebet.ai/us/prediction-markets/interactive-brokers-review/) | 8.1/10 | CFTC exchange + clearinghouse (ForecastEx) | All states; no exclusions found | Economics, climate, elections; no sports | Flat 1¢/contract; no commission | ACH, wire, check, USDC | IBKR Mobile (iOS, Android), web, desktop | 21+ |

## Frequently asked questions

### Is Kalshi cheaper than Robinhood?

Usually, yes. On Kalshi-listed contracts, Robinhood adds its commission (up to 1¢ per contract) to a 1¢ exchange fee, while a Kalshi taker pays at most 1.75¢ per contract and most maker orders are free. See our [Kalshi review](https://safebet.ai/us/prediction-markets/kalshi-review/) for details.

### Which Robinhood alternative lets me trade on the web?

Kalshi, Polymarket US, OG and Interactive Brokers all let you trade in a web browser. Robinhood shows event contracts on its website but only lets you trade them in its mobile app.

### Which Robinhood alternative is best for sports?

Kalshi, for its liquidity, sports combos and web trading, as long as your state allows sports contracts. Interactive Brokers' ForecastEx lists no sports at all.

### Do I need a brokerage account to trade prediction markets?

No. Kalshi, Polymarket US and OG let you open an account directly with the exchange. Robinhood and Interactive Brokers are brokers, so you trade through a brokerage account there.

Full ranking: [Best prediction markets in the USA](https://safebet.ai/us/prediction-markets/)