Comparison · updated July 2026

ProphetX vs Fanatics Markets

ProphetX and Fanatics Markets 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.
ProphetX logo

ProphetX

3.9/5

Peer-to-peer sports betting exchange.

Exchange-style sports bettors State-by-state
Fanatics Markets logo

Fanatics Markets

3.9/5

Emerging Fanatics-branded event contract product.

Sports-first US users CFTC-regulated (exchange partner)

Rating

ProphetX logo

ProphetX

3.9

Fanatics Markets logo

Fanatics Markets

3.9

Best for

ProphetX logo

ProphetX

Exchange-style sports bettors

Fanatics Markets logo

Fanatics Markets

Sports-first US users

Regulation

ProphetX logo

ProphetX

State-by-state

Fanatics Markets logo

Fanatics Markets

CFTC-regulated (exchange partner)

US availability

ProphetX logo

ProphetX

Available

Fanatics Markets logo

Fanatics Markets

Available

Fees

ProphetX logo

ProphetX

1–2% commission

Fanatics Markets logo

Fanatics Markets

Low per-contract fees

Mobile

ProphetX logo

ProphetX

Good

Fanatics Markets logo

Fanatics Markets

Good

Markets

ProphetX logo

ProphetX

Sports

Fanatics Markets logo

Fanatics Markets

Sports

Payment

ProphetX logo

ProphetX

Fanatics Markets logo

Fanatics Markets

Founded

ProphetX logo

ProphetX

Fanatics Markets logo

Fanatics Markets

Verdicts

Who wins, category by category

Best overall

ProphetX

Higher composite rating across our methodology.

Best for beginners

ProphetX

Cleaner onboarding and a more polished consumer experience.

Best for regulation

Fanatics Markets

Operates as a CFTC-designated contract market.

Best for liquidity

ProphetX

Deepest order books on headline markets.

Best for market variety

ProphetX

Wider catalogue of available event contracts.

Final take

Should you choose ProphetX or Fanatics Markets?

ProphetX comes out narrowly ahead in our methodology, but both platforms have a clear lane. Choose ProphetX for exchange-style sports bettors, and Fanatics Markets for sports-first us users.

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.