PredictSites
Robinhood Predict logo
Best for Finance UsersCFTC Regulated

Robinhood Predict Review [2026]

CFTC-regulated event contracts inside the Robinhood app

CFTC RegulatedFinance-FirstExisting Users
Visit Robinhood PredictRead Full Review
4.3out of 5
PredictSites Rating
Written by John Harris|Fact-checked by Sarah Chen|Last updated May 6, 2026

Affiliate disclosure: We may earn a commission if you sign up through our links. This does not affect our ratings or editorial independence. How we rate platforms →

Robinhood Predict Overview

Robinhood Predict is the event contract product inside the Robinhood investing app. It offers CFTC-regulated binary contracts on political, economic, and sports outcomes. Each contract is a simple yes or no question. Prices reflect the market's view of the probability of an outcome. A contract priced at $0.65 means the market thinks the event has a 65% chance of happening. Robinhood Predict shares the same CFTC Designated Contract Market structure as Kalshi. For US users who already use Robinhood to invest in stocks, ETFs, or crypto, Predict is the most frictionless way to enter regulated prediction markets.

Robinhood has more than 23 million funded accounts. This is Predict's biggest advantage. Existing customers face zero extra setup. Your identity is already verified. Your bank account is already linked. Prediction contracts appear in your portfolio view alongside your stocks and crypto. The minimum position size is just $1. This makes Predict accessible to users who want to start small. The market selection is currently smaller than Kalshi's, with a focus on US elections, Federal Reserve decisions, and major sports outcomes. But Robinhood's product team has been expanding the market list and the pace of new markets is increasing.

Robinhood Predict is CFTC-regulated in all 50 US states. This is a key advantage over DFS-based pick products like PrizePicks, FanDuel Predicts, and DraftKings Predictions. There are no state restrictions. Any US resident with a Robinhood account can trade event contracts on Predict. The regulated structure also means your funds are held in a segregated account. You have formal legal protections. Robinhood Predict is newer and has a shorter track record than Kalshi. But for tens of millions of Robinhood users, it is the easiest path to regulated prediction market exposure available.

Current Trading Terms

Verified May 6, 2026

Welcome Bonus

None

No promotional credits

Regulatory Status

CFTC

Designated Contract Market

Minimum Position

$1

USD via Robinhood account

Robinhood Predict does not currently offer welcome bonuses, deposit matches, or referral credits for the Predict product. The platform is a regulated exchange, not a promotions-driven consumer product. There are no promo codes. Robinhood occasionally runs broader app promotions, but these apply to the investment side of the app and not to Predict contracts.

Always verify current terms at the platform's website before signing up.

Visit Robinhood Predict

How We Rate Robinhood Predict

Scores based on hands-on testing across seven independent criteria.

Bonuses & Promotions
2.5/5
Payment Methods
4.5/5
Key Features
4/5
Security & Trust
4.8/5
Customer Support
3.8/5
User Experience
4.5/5
Market Variety & Liquidity
3.3/5
4.3/5

Overall Score

PredictSites proprietary score

Pros

  • CFTC-regulated Designated Contract Market. Fully legal for all US users.
  • Zero additional onboarding for Robinhood's existing 23M+ customer base
  • Very low minimum deposit of just $1

Cons

  • Narrower market selection than Kalshi. Fewer event categories currently.
  • No free-to-play or practice mode available
  • Newer product with a shorter track record on market resolution accuracy

Payment Methods

ACH Bank TransferDebit CardRobinhood WalletUSD Only

Min. Deposit

$1

Where Is Robinhood Predict Available?

Available in

All 50 US States
CFTC RegulatedYes
Free to PlayNo
Best ForRobinhood users and finance-focused prediction traders

Who Is Robinhood Predict Best For?

Choose Robinhood Predict if you…

  • You already use Robinhood for investing and want zero extra setup for prediction markets
  • You want CFTC-regulated prediction contracts available in all 50 US states
  • You want the lowest minimum position size. Just $1 per contract.
  • You want prediction exposure alongside your stock and crypto portfolio in one view
  • You want the regulatory security of a CFTC Designated Contract Market

Consider an alternative if you…

  • You want the widest market selection. Kalshi covers many more event categories.
  • You want a welcome bonus or promotional credits. Robinhood Predict offers none.
  • You are not already a Robinhood user. A new Robinhood account setup is required.
  • You want free-to-play or practice mode. Robinhood Predict has neither.
  • You want sports-focused pick'em format. PrizePicks or FanDuel Predicts are better fits.

Promo Codes & Bonuses

No active promo codes

Robinhood Predict does not currently offer promo codes or welcome bonus promotions. Check their website directly for any seasonal offers.

Robinhood Predict App Review

iOS App

App Store: 4.2★

Android App

Google Play: 4★

Robinhood Predict is part of the main Robinhood investing app. The Robinhood app holds a 4.2-star App Store rating and a 4.0-star Google Play rating. These ratings reflect the full app, not Predict alone. The Predict section is accessible from the main navigation. The interface is clean and consistent with the investment-focused design of the rest of the Robinhood app. You can browse open markets, view contract prices, place orders, and track your Predict positions from the same screen as your stock portfolio. Robinhood's app design is more finance-focused than the sports-first apps from FanDuel or PrizePicks. It suits users who think of prediction markets as a financial product rather than a sports activity.

4.1

App Score

out of 5

Robinhood Predict Alternatives

Not quite right for you? Here are three platforms we recommend depending on your specific needs.

Kalshi logo
KalshiBest Regulated

The only CFTC-regulated prediction market in the US

Rating: 4.7/5

Full ReviewVisit Site
PrizePicks Predict logo
PrizePicks PredictBest for Sports

Best sports prediction platform for mainstream users

Rating: 4.5/5

Full ReviewVisit Site
Polymarket logo
PolymarketEditor's Choice

World's largest prediction market by trading volume

Rating: 4.8/5

Full ReviewVisit Site

Our Verdict

4.3/5

Robinhood Predict

Robinhood Predict is the best choice for existing Robinhood users who want regulated prediction market exposure with no extra setup. The zero-friction onboarding for existing customers is a genuine advantage. CFTC regulation in all 50 US states and the $1 minimum position make it accessible and legally secure. The main limitation is market selection. Kalshi offers more event categories and deeper liquidity. If you are already a Robinhood user, Predict is the easiest starting point. If you want the broadest regulated prediction market in the US, Kalshi remains the leader. Robinhood Predict is a growing product and the gap in market selection is narrowing as Robinhood expands its Predict offering.

Visit Robinhood PredictCompare All Platforms

Frequently Asked Questions

Is Robinhood Predict legal in the US?
Yes. Robinhood Predict is a CFTC-regulated Designated Contract Market. This is the highest level of regulatory approval for a financial exchange in the United States. Robinhood Predict is legal in all 50 US states. You do not need to check your state separately. The CFTC DCM structure puts Robinhood Predict in the same legal category as Kalshi and major futures exchanges. Your funds are held in segregated accounts. Contracts are legally enforceable. This is a fundamentally different legal structure from DFS-based products like PrizePicks or FanDuel Predicts.
Do I need a Robinhood account to use Robinhood Predict?
Yes. Robinhood Predict is part of the main Robinhood investing app. You need a Robinhood account to access it. If you already invest in stocks, ETFs, or crypto on Robinhood, you can use the same account. No additional identity verification is needed. If you are new to Robinhood, you will need to create an account. This requires your name, email, date of birth, Social Security Number, and a government-issued ID. The process takes a few minutes. Once your account is active, Predict is available from the main app menu.
How does Robinhood Predict work?
Robinhood Predict offers binary event contracts. Each contract is a yes or no question about a future event. For example: Will the Federal Reserve cut rates at its next meeting? You buy Yes contracts or No contracts. The price of each contract runs from $0.01 to $1.00. A Yes contract priced at $0.60 means the market thinks the event has a 60% chance of happening. If the event occurs and you hold Yes contracts, each contract pays out $1. If it does not occur, the contracts expire at $0. You can buy and sell contracts before the market closes if you want to exit a position early.
What markets does Robinhood Predict offer?
Robinhood Predict currently focuses on US political markets, economic data releases, and major sports outcomes. Political markets include US elections and major policy decisions. Economic markets cover Federal Reserve rate decisions and key data releases like CPI and unemployment figures. Sports markets include outcomes for major US and international sports events. The selection is smaller than Kalshi's. Robinhood is expanding the market list. New markets are added regularly. If you need the broadest range of regulated event categories in the US, Kalshi currently offers more depth. Robinhood Predict suits users who want exposure to the core political and economic markets.
What fees does Robinhood Predict charge?
Robinhood Predict charges a small fee on trades. The fee structure is similar to Kalshi's taker fee model. Check the current fee schedule on the Robinhood website before you start trading, as rates can be updated. Deposits and withdrawals are free. The fee is taken from the value of your winning position when a market settles in your favour. Robinhood does not embed a margin into contract prices. Prices are set by the market. This is different from sportsbook-style products that build a house edge into every line.
How does Robinhood Predict compare to Kalshi?
Robinhood Predict and Kalshi are the only two CFTC-regulated Designated Contract Markets for prediction markets in the United States. Both are legal in all 50 states. Both use the same binary contract structure. The key differences are market selection and user base. Kalshi offers more event categories and deeper liquidity on most markets. Kalshi is also a standalone product built specifically for prediction markets. Robinhood Predict is part of the broader Robinhood investing app. For existing Robinhood users, Predict is more convenient. For dedicated prediction traders who want the widest market range and deepest liquidity, Kalshi is the better choice.
Is my money safe on Robinhood Predict?
Robinhood Predict is CFTC-regulated. Your funds are held in a segregated account separate from Robinhood's operating funds. This means your money is protected even if Robinhood faces financial difficulty. Robinhood uses industry-standard security across its platform, including two-factor authentication and biometric login on mobile. Robinhood is one of the most regulated fintech companies in the US, subject to SEC, FINRA, and CFTC oversight. For US users, Robinhood Predict is one of the safest prediction market platforms available. It shares the same regulatory-grade safety level as Kalshi.
Robinhood Predict logo

Ready to try Robinhood Predict?

CFTC-regulated event contracts inside the Robinhood app

Visit Robinhood PredictSee All Platforms

Always check the legal status of prediction markets in your jurisdiction.