An independent, dated guide to PredictIt, the political prediction market operating under CFTC no action relief. Setup, fees, position limits, and its contested legal history. Information only.
Last reviewed 5 December 2025 · Facts as of December 2025 · Illustrative editorial examples
An independent, dated guide to PredictIt, the political prediction market operating under CFTC no action relief. Setup, fees, position limits, and its contested legal history. Information only.
Figures are indicative and dated. Confirm the current terms on the platform before acting.
Register on the PredictIt site, complete verification, and fund your account. You then buy Yes or No shares in political questions priced from a few cents to ninety nine cents, settling at one dollar for the winning side.
A 2025 amendment to its no action relief raised the limit to three thousand five hundred dollars per contract, up from the earlier eight hundred and fifty dollar cap, and removed earlier trader caps. Confirm the current terms on the platform.
PredictIt has historically charged a fee on net profits and a withdrawal fee. We do not state precise percentages we could not confirm from a current official source. Check PredictIt's fee page for the live figures.
It has operated under no action relief from the CFTC, which is a staff level position rather than a full license, and its standing has been litigated for years. That makes its footing less settled than a registered exchange. Verify the current position before participating.
It has been operated as an academic project by Victoria University of Wellington. Its relationship with the CFTC rests on amended no action relief and the litigation commonly known as Clarke versus CFTC.
This page describes PredictIt as we assess it. Platform mechanics, fees, and terms change, so verify the current detail before you rely on it.
Facts as of December 2025. General information, not financial advice.