Comparison · updated July 2026
ForecastEx vs ProphetX
ForecastEx and ProphetX 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.
ForecastEx
An exchange-grade forecast market owned by Interactive Brokers.
ProphetX
Peer-to-peer sports betting exchange.
Rating
ForecastEx
4.4
ProphetX
3.9
Best for
ForecastEx
Brokerage-grade access via Interactive Brokers
ProphetX
Exchange-style sports bettors
Regulation
ForecastEx
CFTC-regulated
ProphetX
State-by-state
US availability
ForecastEx
Available
ProphetX
Available
Fees
ForecastEx
1 cent per contract
ProphetX
1–2% commission
Mobile
ForecastEx
Good
ProphetX
Good
Markets
ForecastEx
Economy, Climate, Politics, Financial events
ProphetX
Sports
Payment
ForecastEx
Bank transfer, IBKR funding
ProphetX
Founded
ForecastEx
2023
ProphetX
Verdicts
Who wins, category by category
Best for beginners
ForecastEx
Cleaner onboarding and a more polished consumer experience.
Final take
Should you choose ForecastEx or ProphetX?
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 ProphetX for exchange-style sports bettors.