PredictIt review
Long-running US political prediction market operating under academic research terms.
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PredictIt at a glance
Platform type
Prediction Market
Markets
Politics, Economics
Funding
Fiat
Currencies
USD
Founded
2014
Headquarters
Wellington, New Zealand / Washington DC
KYC
Yes
Minimum age
18+
Our PredictIt review
Not confirmed.
What you can predict
How it works
Binary share markets priced 1c to 99c, traded against other members on an order book with per-market position caps.
Liquidity and market depth
Reasonable on headline US political markets, thin elsewhere. Position caps limit how much serious money can be deployed.
Fees
Trading fees
10% on profits
Deposit fees
Free
Withdrawal fees
5% withdrawal fee
Settlement fees
Included
Network fees
Not applicable
Other
Per-market investment caps apply
Deposits and withdrawals
Methods
Debit Card, Bank Transfer
Minimum deposit
$10
Minimum withdrawal
Not Confirmed
Deposit time
Instant
Withdrawal time
3-10 business days
Withdrawal fees
5%
Mobile experience
iOS app
No
Android app
No
Mobile web
Yes
No native apps; mobile web only and showing its age.
Where is PredictIt available?
Status is reviewed manually per country. Unknown means we have not confirmed it yet.
| 🇦🇷 Argentina | Not available |
| 🇦🇺 Australia | Not available |
| 🇧🇷 Brazil | Not available |
| 🇨🇦 Canada | Not available |
| 🇨🇱 Chile | Not available |
| 🇨🇴 Colombia | Not available |
| 🇪🇬 Egypt | Not available |
| 🇫🇷 France | Not available |
| 🇩🇪 Germany | Not available |
| 🇬🇭 Ghana | Not available |
| 🇮🇳 India | Not available |
| 🇮🇩 Indonesia | Not available |
| 🇮🇪 Ireland | Not available |
| 🇮🇹 Italy | Not available |
| 🇯🇵 Japan | Not available |
| 🇰🇪 Kenya | Not available |
| 🇲🇽 Mexico | Not available |
| 🇳🇱 Netherlands | Not available |
| 🇳🇿 New Zealand | Not available |
| 🇳🇬 Nigeria | Not available |
| 🇳🇴 Norway | Not available |
| 🇵🇰 Pakistan | Not available |
| 🇵🇪 Peru | Not available |
| 🇵🇭 Philippines | Not available |
| 🇵🇱 Poland | Not available |
| 🇵🇹 Portugal | Not available |
| 🇸🇬 Singapore | Not available |
| 🇿🇦 South Africa | Not available |
| 🇰🇷 South Korea | Not available |
| 🇪🇸 Spain | Not available |
| 🇸🇪 Sweden | Not available |
| 🇨🇭 Switzerland | Not available |
| 🇹🇿 Tanzania | Not available |
| 🇹🇭 Thailand | Not available |
| 🇹🇷 Turkey | Not available |
| 🇺🇬 Uganda | Not available |
| 🇦🇪 United Arab Emirates | Not available |
| 🇬🇧 United Kingdom | Not available |
| 🇺🇸 United States | Available |
| 🇻🇳 Vietnam | Not available |
Regulation and company
Operator
Victoria University of Wellington
Parent company
Aristotle International
Regulator
CFTC (no-action relief history)
Licence
Operates under specific regulatory arrangements
PredictIt has historically operated under CFTC no-action arrangements with caps on market size and participant numbers, rather than as a full exchange.
Settlement and dispute resolution
Resolution against published rules with an official source named per market. Settlement can be slow on contested outcomes.
Customer support
Hours
Business hours
Email support and a help centre.
Pros
- ✓Long track record in US politics
- ✓Well-known reference prices
Cons
- ✕High fees on profits and withdrawals
- ✕Strict position caps
- ✕Dated interface and no apps
Similar sites available in your country
We have not confirmed alternatives for this country yet.
PredictIt FAQs
What fees does PredictIt charge?
10% of profits plus a 5% withdrawal fee.