Comparison · updated July 2026
Robinhood Prediction Markets vs Kalshi
Robinhood Prediction Markets and Kalshi 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.
Robinhood Prediction Markets
Event contracts inside the Robinhood app powered by Kalshi.
Kalshi
The first CFTC-regulated event contract exchange in the United States.
Rating
Robinhood Prediction Markets
4.0
Kalshi
4.7
Best for
Robinhood Prediction Markets
Existing Robinhood users
Kalshi
Regulated US event contracts
Regulation
Robinhood Prediction Markets
CFTC-regulated (via partner)
Kalshi
CFTC-regulated
US availability
Robinhood Prediction Markets
Available
Kalshi
Available
Fees
Robinhood Prediction Markets
Low per-contract fees
Kalshi
Up to 2% per trade
Mobile
Robinhood Prediction Markets
Good
Kalshi
Excellent
Markets
Robinhood Prediction Markets
Sports, Politics, Economy
Kalshi
Politics, Economy, Sports, Weather, Culture, AI, Financial events
Payment
Robinhood Prediction Markets
Kalshi
ACH, Debit card, Wire transfer
Founded
Robinhood Prediction Markets
Kalshi
2018
Verdicts
Who wins, category by category
Best for regulation
Robinhood Prediction Markets
Operates as a CFTC-designated contract market.
Best for liquidity
Robinhood Prediction Markets
Deepest order books on headline markets.
Final take
Should you choose Robinhood Prediction Markets or Kalshi?
Kalshi comes out narrowly ahead in our methodology, but both platforms have a clear lane. Choose Robinhood Prediction Markets for existing robinhood users, and Kalshi for regulated us event contracts.