Kalshi
CFTC-regulated exchange for event contracts on economics, politics, sports, weather and more, open to many countries outside the United States.
- Regulated by the CFTC as a Designated Contract Market
- Markets settle on data from the official source named in each market rules
- Fees are charged on the expected earnings of a contract; maker fees apply only when a resting order fills
- Deposits by bank, debit card, wire or crypto; international users can use debit card, wire and crypto
Seven criteria on a scale of 10, the fee and market numbers computed from the data. Compare it with other prediction markets only. How we score
- Taker
- 3.5%
- Volume a day
- $547M
- Open interest
- $2.2B
- Rewards 6.0
- Liquidity incentives for US members and a maker fee share; no points
- Taker fee 2.1
- The highest taker fee: none is a 10, 4% or more is a 1.
- Volume 9.2
- Average a day: $1M is a 1, $1B is a 10, on a log scale. Under $100K a day the whole score stops at 5.
- Safety 10.0
- CFTC-regulated Designated Contract Market
- Ease 10.0
- iOS app, debit card deposits, markets from sports to weather
- Open interest 10.0
- $1M is a 1, $1B is a 10, on a log scale.
- Access 2.0
- ID check required, and several countries are excluded
Cost to start: Bank and debit card deposits from $10 (debit may carry a 2% fee), wires from $1,000
- Sign up on kalshi.com (18 or older)
- Verify your identity with an ID document if asked
- Add funds by bank transfer, debit card, wire or crypto
- Pick a market and buy Yes or No contracts
- Liquidity Incentive Program (US members)Ends Jan 1, 2027
- Sports Prop Combo maker incentive25% of fees on Sports Prop Combo markets, paid monthly as trade credit
- Polymarket vs Kalshi: What Differs for Traders Outside the USPolymarket and Kalshi price fees the same way. What differs is who regulates them, who holds your money, what you settle in and where you can trade.
- How Are Prediction Markets Resolved? Oracles and DisputesYou can be right about the world and still lose the market. How rules, oracles, feeds and disputes settle a prediction market, and what to read before you trade.
Country eligibility follows the Kalshi Member Agreement, and international users cannot withdraw by ACH, PayPal or Venmo. Settlement waits for the official source agency, which can take hours, and fees differ by market. The Liquidity Incentive Program is for US members only and can end or change at any time.
No security incidents found in our check of Oct 30, 2026.
