USA · Prediction markets · Alternatives

The best Robinhood prediction market alternatives in 2026

Robinhood makes event contracts easy if you already invest there, but trading is app-only, its commission sits on top of exchange fees, and sports are unavailable in four states. These CFTC-regulated alternatives each fix at least one of those problems.

By SafeBet.ai Research Team Updated September 30, 2026 2 min read

Advertiser disclosure

SafeBet.ai is reader-supported. When you sign up with an operator through a link on this page we may earn a commission, at no extra cost to you. Partnerships can influence which operators we feature and the order in which they appear. They don’t change the facts we report: every review follows our published methodology, cites official sources, and only covers operators that are licensed or regulated where they operate. Read our editorial policy.

Best Robinhood alternatives

Checked September 2026

The best Robinhood alternative for most people in the USA is Kalshi. Kalshi is the exchange behind many of Robinhood's contracts, and trading there directly skips Robinhood's commission.

1 Kalshi Best overall 9.6 /10
2 Polymarket Best for low fees 8.5 /10
3 Crypto.com (OG) Best for flexible deposits 8.6 /10
4 Interactive Brokers Best for earning interest 8.1 /10

Why look for a Robinhood alternative?

You want to trade on the web: Robinhood's website is view-only for event contracts.
You want lower costs: Robinhood adds a commission of up to 1¢ per contract to the exchange fee, so trading on Kalshi directly is usually cheaper.
You want to fund with PayPal or Venmo, which Kalshi and OG accept and Robinhood doesn't list.
You want interest on your positions: Kalshi pays a 3.25% variable APY and ForecastEx a 3.38% coupon, while Robinhood lists none on event contracts.
You don't want to wait up to 2 weeks for a derivatives account approval.

The best Robinhood alternatives in the USA

Kalshi

Best overall

9.6 /10

Kalshi is the exchange behind many of Robinhood's contracts, and trading there directly skips Robinhood's commission. You also get web trading, more deposit methods and a 3.25% variable APY on balances of $250 or more.

Regulation: CFTC exchange + clearinghouse
Markets: Sports, politics, economics, crypto +
Fees: Up to 1.75¢/contract (taker)

Deepest liquidity in US prediction markets: about $53 billion traded in September 2026
Runs its own CFTC-regulated exchange and clearinghouse; you trade directly
Widest market choice, from sports and combos to weather, economics and elections

Visit Kalshi Kalshi review 18+ · Availability varies by state

Polymarket

Best for low fees

8.5 /10

Polymarket US offers a similar mix of sports, politics and crypto contracts with a taker fee of up to 1.74¢ per contract and a rebate for makers. It works on the web as well as iOS, but it isn't available in Nevada and takes only debit card, ACH and wire.

Deposit $10, get a $25 trading credit Polymarket US's own new-user offer from October 1, 2026 (it was $50 until September 30). One per person. Credits can't be withdrawn; only the proceeds of trades made with them can be, once your deposit has cleared. Checked Sep 30, 2026.

Regulation: CFTC exchange + clearinghouse
Markets: Sports, politics, crypto, economics +
Fees: Up to 1.74¢/contract (taker); maker rebate

Taker fee tops out at 1.74¢ per contract, just below Kalshi's 1.75¢
Makers earn a rebate of up to 0.31¢ per contract
No deposit or withdrawal fees on card, ACH or wire

Visit Polymarket Polymarket review 18+ · Availability varies by state

Crypto.com (OG)

Best for flexible deposits

8.6 /10

OG, Crypto.com's prediction-market platform, already supplies some of Robinhood's football contracts, and you can trade on it directly on iOS, Android or the web. It accepts PayPal, Venmo, Apple Pay and Google Pay with no OG deposit fee, though makers pay a trading fee.

Regulation: CFTC exchange + clearinghouse (NADEX)
Markets: Sports, politics, crypto, financials +
Fees: Up to 1.75¢/contract; makers pay too

No OG fees on PayPal, Venmo, card, ACH or wire deposits
Low minimums: $1 by ACH, $10 by card, PayPal or Venmo
CFTC-regulated exchange and clearinghouse offering sports contracts since December 2024

Visit Crypto.com (OG) Crypto.com (OG) review 18+ · Availability varies by state

Interactive Brokers

Best for earning interest

8.1 /10

If you like trading from a brokerage account, Interactive Brokers is the closest match, with no commission on ForecastEx contracts, a 1¢ exchange fee and a 3.38% APY coupon on positions. It has no sports contracts, and you must be 21 or older.

Get $10 when you open a Prediction Market account Interactive Brokers' own offer, as stated on its ForecastTrader site. We couldn't find full terms at the time of writing, so check the conditions before you apply. Checked Sep 30, 2026.

Regulation: CFTC exchange + clearinghouse (ForecastEx)
Markets: Economics, climate, elections; no sports
Fees: Flat 1¢/contract; no commission

3.38% APY incentive coupon on open positions, paid monthly
No commission and a flat 1¢ per contract on ForecastEx
Beats Kalshi's and Polymarket US's standard taker fees from about 18¢ to 82¢

Visit Interactive Brokers Interactive Brokers review 21+ · Availability varies by state

Other options worth knowing

These aren’t in our top 5, but they can make sense in specific situations.

Webull
Webull offers Kalshi-listed contracts in a separate Events account for a 1¢ commission plus Kalshi's 1¢ exchange fee on each opening and closing trade, with API access for algorithmic traders. Sports contracts aren't available in Nevada, Maryland, Connecticut or Michigan.
Coinbase
Coinbase offers Kalshi-listed event contracts inside its app through Coinbase Financial Markets, a CFTC-registered broker. It is winding down sports contracts in Michigan, and its event-contract fees couldn't be verified for this article.

When to stick with Robinhood

Stay with Robinhood if you already keep your investments there and want event contracts without opening another account. Its routing across Kalshi, ForecastEx, Rothera and OG gives you deep liquidity, and Gold members pay half the commission rate on low- and high-priced contracts.

Visit Robinhood Read our Robinhood review

Robinhood vs the alternatives

Robinhood compared with its best alternatives
	#2 Robinhood	#1 Kalshi	#4 Polymarket	#3 Crypto.com (OG)	#5 Interactive Brokers
SafeBet score	9.0/10	9.6/10	8.5/10	8.6/10	8.1/10
Best for	Best for investors	Best overall	Best for low fees	Best for flexible deposits	Best for earning interest
Regulation	CFTC-registered broker (FCM)	CFTC exchange + clearinghouse	CFTC exchange + clearinghouse	CFTC exchange + clearinghouse (NADEX)	CFTC exchange + clearinghouse (ForecastEx)
Availability	Most states; no sports in MD, NV, MI, WA	Most states; limits in NV, MI, WA	All states except NV, per Polymarket US	All states per OG; some contracts vary	All states; no exclusions found
Markets	Sports, politics, economics, crypto +	Sports, politics, economics, crypto +	Sports, politics, crypto, economics +	Sports, politics, crypto, financials +	Economics, climate, elections; no sports
Fees	Up to 2¢/contract incl. exchange fee	Up to 1.75¢/contract (taker)	Up to 1.74¢/contract (taker); maker rebate	Up to 1.75¢/contract; makers pay too	Flat 1¢/contract; no commission
Deposits	ACH, instant transfer, debit card, wire	ACH, card, PayPal, Venmo, crypto	Debit card, ACH, wire	ACH, card, PayPal, Venmo, Apple Pay	ACH, wire, check, USDC
Apps	iOS, Android; web is view-only	iOS, web; Android not verified	iOS, web; Android rollout unclear	iOS, Android, web	IBKR Mobile (iOS, Android), web, desktop
Min. age	18+	18+	18+	18+	21+
Links	Visit Review	Visit Review	Visit Review	Visit Review	Visit Review

Head-to-head: Kalshi vs Robinhood · Polymarket vs Robinhood

Robinhood alternatives FAQ

Is Kalshi cheaper than Robinhood?

Usually, yes. On Kalshi-listed contracts, Robinhood adds its commission (up to 1¢ per contract) to a 1¢ exchange fee, while a Kalshi taker pays at most 1.75¢ per contract and most maker orders are free. See our Kalshi review for details.

Which Robinhood alternative lets me trade on the web?

Kalshi, Polymarket US, OG and Interactive Brokers all let you trade in a web browser. Robinhood shows event contracts on its website but only lets you trade them in its mobile app.

Which Robinhood alternative is best for sports?

Kalshi, for its liquidity, sports combos and web trading, as long as your state allows sports contracts. Interactive Brokers' ForecastEx lists no sports at all.

Do I need a brokerage account to trade prediction markets?

No. Kalshi, Polymarket US and OG let you open an account directly with the exchange. Robinhood and Interactive Brokers are brokers, so you trade through a brokerage account there.

Compare the 5 best prediction markets in the USA Ranked on regulation, fees, features and payouts · Kalshi, Robinhood, Crypto.com (OG) and more See the ranking

The facts on this page come from our full reviews, which list their sources: Kalshi, Polymarket, Crypto.com (OG), Interactive Brokers and Robinhood.