Both markets on this list are open to US residents: Polymarket US, run by QCX LLC, and Kalshi, both regulated by the CFTC as designated contract markets. Fees are low but not zero: Polymarket US takers pay up to $1.74 per 100 contracts at a 50 cent price. Myriad is not on this list because its terms exclude US residents.
Quick answer
In the US, use Kalshi or Polymarket US: both are CFTC-regulated exchanges.
- 01Polymarket: best for market depth
- 02Kalshi: best for US users
The 2 best prediction markets
US residents trade on Polymarket US, run by QCX LLC as a CFTC-regulated designated contract market in US dollars. Makers get a rebate, and taker fees peak at $1.74 per 100 contracts at a 50 cent price.
- Platforms
- Web, iOS, Android, API
- US availability
- Yes, via Polymarket US (QCX LLC, CFTC-regulated DCM); international app is separate
- Fees
- Polymarket US taker fee 0.0695 x contracts x p x (1 - p); maker rebate
- Company
- QCX LLC d/b/a Polymarket US
Pros
- US residents can trade through a CFTC-regulated exchange
- Makers get a rebate on Polymarket US
- Taker fee rebates of 10% to 50% for high monthly volume
Cons
- US and international products are separate apps with separate markets
- Taker fee on Polymarket US peaks at $1.74 per 100 contracts at a 50 cent price
- Polymarket US trades in dollars only, not crypto
Skip it if you want to trade in crypto from the US: Polymarket US trades in dollars only.
Kalshi is regulated by the CFTC as a designated contract market and takes bank, card, PayPal, Cash App and crypto deposits. It charges a fee based on a contract's expected earnings.
- Platforms
- Web, iOS, Android, API
- Custody
- Custodial
- US availability
- Yes, CFTC-regulated Designated Contract Market
- Fees
- Transaction fee on the contract's expected earnings
- Company
- KalshiEX LLC; clearing by Kalshi Klear LLC
Pros
- Regulated by the CFTC as a Designated Contract Market
- Crypto deposits for US and international users
- Also supports bank, card, PayPal and Cash App deposits
Cons
- Custodial account with identity verification
- ACH, PayPal and Venmo unavailable to international users
- Fee depends on contract price; full schedule is a PDF
Skip it if you want a non-custodial account: Kalshi requires identity verification.
Not on this list
Limitless: Terms exclude US residents: Limitless's terms of service bar US users.
Opinion: Terms exclude US residents: Opinion's terms of use list the United States as a restricted jurisdiction.
SX Bet: Terms exclude US residents: SX Bet's terms say it is not available in the United States.
Myriad Markets: Terms exclude US residents: Myriad's terms of use exclude US residents.
Prediction Markets compared
Select a name to jump to its review.
| Name | Best for | US availability | Fees | Custody |
|---|
| Polymarket | US and crypto traders | Yes, via Polymarket US (QCX LLC, CFTC-regulated DCM); international app is separate | Polymarket US taker fee 0.0695 x contracts x p x (1 - p); maker rebate | Not verified |
|---|
| Kalshi | US traders, CFTC regulated | Yes, CFTC-regulated Designated Contract Market | Transaction fee on the contract's expected earnings | Custodial |
|---|
“Not verified” means we could not confirm the value on the project’s own pages.
How we rank prediction markets
- 01US availability: from the market's own terms or regulator status. US-available markets rank first.
- 02Fees: maker and taker fees from the market's fee page.
- 03Custody: whether funds sit in an exchange account or your own wallet.
- 04Market types: sports, macro, crypto and short-term markets.
No project paid to be listed or ranked. Full rules: methodology.
What we did not test
- We did not open accounts, deposit money or place trades with these services.
- We did not audit smart contracts, reserves or security claims ourselves; we report what the project and its auditors publish.
- Fees, limits and availability change; the list date shows when we last checked them.
Rubric last updated Oct 1, 2026. Crypto assets are not insured by the FDIC or SIPC, and you can lose all the money you put in. This page is educational content, not financial advice.
How to choose
01Check US status first
Kalshi and Polymarket US are CFTC regulated. Markets whose terms bar US users are listed separately below the ranking.
02Be a maker to cut fees
Polymarket US makers get a rebate. Placing a limit order that waits costs less than filling one.
03Fees peak near 50 cents
On Polymarket US, taker fees are highest when a contract trades near a 50% probability.
Who should skip all of these
- Anyone who cannot afford to lose the stake: event contracts can settle at zero.
- US users looking for crypto-settled markets: the US options trade in dollars or through regulated accounts.
Bottom line
US residents should use Kalshi or Polymarket US.
Polymarket US trades in dollars only, and Kalshi requires identity verification but also takes crypto deposits.
Educational content, not financial advice. Crypto assets are volatile; do your own research.
FAQ
Which prediction markets are legal in the US?
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Kalshi and Polymarket US are regulated by the CFTC as designated contract markets.
Is Polymarket available in the US?
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Yes, through Polymarket US, run by QCX LLC. The international crypto-based app is a separate product with separate markets.
Which prediction market has the lowest fees?
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Polymarket US makers get a rebate, and taker fees peak at $1.74 per 100 contracts at a 50 cent price. Kalshi charges a fee based on a contract's expected earnings.
Can I use a crypto wallet?
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Kalshi accepts crypto deposits into a verified account. Myriad keeps funds in your wallet, but its terms exclude US residents, so it is not on this list.
How do I deposit money on Kalshi or Polymarket US?
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Both take dollars after identity verification. Polymarket US accepts debit card and ACH, each up to $50,000 a day and 3 to 4 business days to process, and wires from $1,000, usually in 1 business day. Kalshi bank transfers have a $10 minimum and no fee and usually settle within 5 business days; its crypto deposits are converted to dollars through Zero Hash.
What changed in this list
2026-09-26First version: 6 prediction markets, US status and fees checked on each market's own pages.
2026-09-26Limitless, Opinion and SX Bet moved to excluded: their terms exclude US residents. List now ranks 3 markets.
2026-09-26Moved Myriad Markets to Not on this list: its terms exclude US residents. List now ranks 2 markets.
2026-10-01Added a FAQ on deposit methods and limits at Kalshi and Polymarket US.
Who made this page
✓
Fact check
Checked against 7 sourcesLast check: Oct 1, 2026
A value we could not confirm on the project’s own pages is marked “Not verified” instead of estimated.
How we review