Comparison · updated July 2026

ProphetX vs ForecastEx

ProphetX 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.
ProphetX logo

ProphetX

3.9/5

Peer-to-peer sports betting exchange.

Exchange-style sports bettors State-by-state
ForecastEx logo

ForecastEx

4.4/5

An exchange-grade forecast market owned by Interactive Brokers.

Brokerage-grade access via Interactive Brokers CFTC-regulated

Rating

ProphetX logo

ProphetX

3.9

ForecastEx logo

ForecastEx

4.4

Best for

ProphetX logo

ProphetX

Exchange-style sports bettors

ForecastEx logo

ForecastEx

Brokerage-grade access via Interactive Brokers

Regulation

ProphetX logo

ProphetX

State-by-state

ForecastEx logo

ForecastEx

CFTC-regulated

US availability

ProphetX logo

ProphetX

Available

ForecastEx logo

ForecastEx

Available

Fees

ProphetX logo

ProphetX

1–2% commission

ForecastEx logo

ForecastEx

1 cent per contract

Mobile

ProphetX logo

ProphetX

Good

ForecastEx logo

ForecastEx

Good

Markets

ProphetX logo

ProphetX

Sports

ForecastEx logo

ForecastEx

Economy, Climate, Politics, Financial events

Payment

ProphetX logo

ProphetX

ForecastEx logo

ForecastEx

Bank transfer, IBKR funding

Founded

ProphetX logo

ProphetX

ForecastEx logo

ForecastEx

2023

Verdicts

Who wins, category by category

Best overall

ForecastEx

Higher composite rating across our methodology.

Best for beginners

ProphetX

Cleaner onboarding and a more polished consumer experience.

Best for regulation

ForecastEx

Operates as a CFTC-designated contract market.

Best for liquidity

ProphetX

Deepest order books on headline markets.

Best for market variety

ForecastEx

Wider catalogue of available event contracts.

Final take

Should you choose ProphetX or ForecastEx?

ForecastEx comes out narrowly ahead in our methodology, but both platforms have a clear lane. Choose ProphetX for exchange-style sports bettors, and ForecastEx for brokerage-grade access via interactive brokers.

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.