Comparison · updated July 2026

ForecastEx vs Novig

ForecastEx and Novig are two of the most discussed prediction market platforms in the US. Here's a side-by-side look at how they compare on the factors that actually matter for traders.

Editorial disclosure. HunchMarkets may earn a commission when readers sign up via our links. Our rankings, ratings and methodology are decided independently of commercial relationships.

ForecastEx

4.4/5

An exchange-grade forecast market owned by Interactive Brokers.

Brokerage-grade access via Interactive Brokers CFTC-regulated

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Novig

4.0/5

Peer-to-peer sports exchange with no vig.

Vig-free sports trading State-by-state (sweepstakes model)

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Rating

ForecastEx

4.4

Novig

4.0

Best for

ForecastEx

Brokerage-grade access via Interactive Brokers

Novig

Vig-free sports trading

Regulation

ForecastEx

CFTC-regulated

Novig

State-by-state (sweepstakes model)

US availability

ForecastEx

Available

Novig

Available

Fees

ForecastEx

1 cent per contract

Novig

Zero vig, spread-based

Mobile

ForecastEx

Good

Novig

Good

Markets

ForecastEx

Economy, Climate, Politics, Financial events

Novig

Sports

Payment

ForecastEx

Bank transfer, IBKR funding

Novig

Founded

ForecastEx

2023

Novig

Category	ForecastEx	Novig
Rating	4.4	4.0
Best for	Brokerage-grade access via Interactive Brokers	Vig-free sports trading
Regulation	CFTC-regulated	State-by-state (sweepstakes model)
US availability	Available	Available
Fees	1 cent per contract	Zero vig, spread-based
Mobile	Good	Good
Markets	Economy, Climate, Politics, Financial events	Sports
Payment	Bank transfer, IBKR funding
Founded	2023

Verdicts

Who wins, category by category

Best overall

ForecastEx

Higher composite rating across our methodology.

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Best for beginners

ForecastEx

Cleaner onboarding and a more polished consumer experience.

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Best for regulation

ForecastEx

Operates as a CFTC-designated contract market.

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Best for liquidity

ForecastEx

Deepest order books on headline markets.

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Best for market variety

ForecastEx

Wider catalogue of available event contracts.

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Final take

Should you choose ForecastEx or Novig?

ForecastEx comes out narrowly ahead in our methodology, but both platforms have a clear lane. Choose ForecastEx for brokerage-grade access via interactive brokers, and Novig for vig-free sports trading.

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Risk warning. Event contracts are financial instruments. You can lose your full premium. Trade only where legally permitted in your jurisdiction. This is not investment, legal or tax advice.