Comparison · updated July 2026

Novig vs ForecastEx

Novig and ForecastEx 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.

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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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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Rating

Novig

4.0

ForecastEx

4.4

Best for

Novig

Vig-free sports trading

ForecastEx

Brokerage-grade access via Interactive Brokers

Regulation

Novig

State-by-state (sweepstakes model)

ForecastEx

CFTC-regulated

US availability

Novig

Available

ForecastEx

Available

Fees

Novig

Zero vig, spread-based

ForecastEx

1 cent per contract

Mobile

Novig

Good

ForecastEx

Good

Markets

Novig

Sports

ForecastEx

Economy, Climate, Politics, Financial events

Payment

Novig

ForecastEx

Bank transfer, IBKR funding

Founded

Novig

ForecastEx

2023

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

Novig

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

Novig

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 Novig or ForecastEx?

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

Visit Novig Visit ForecastEx

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.