Robinhood Prediction Markets
Event contracts in the Robinhood app, offered by Robinhood Derivatives through CFTC-regulated partner exchanges, for US residents only.
Security record: 1 incident- Offered by Robinhood Derivatives, a registered futures commission merchant
- Partner exchanges include KalshiEX, ForecastEx, Rothera Exchange and North American Derivatives Exchange
- Correct contracts settle at $1, wrong ones at $0
- Robinhood commission is 10% of p x (1 - p) per contract (5% with Gold), rounded up and capped at $0.01, plus exchange fees of up to $0.01 per contract
- Sports, crypto, economics, politics, climate, entertainment and more
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
- 4%
- Volume a day
- $183M
- Rewards 2.0
- No points, contests or rebates on Robinhood's prediction market pages
- Taker fee 1.0
- The highest taker fee: none is a 10, 4% or more is a 1.
- Volume 7.8
- 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
- Robinhood Derivatives is a registered FCM; CFTC-regulated exchanges
- Ease 10.0
- Inside the Robinhood app; sports, politics, weather and more
- Access 2.0
- US residents with a Robinhood brokerage account only
- Have an individual Robinhood brokerage account (US resident, 18 or older)
- Search for Prediction markets in the app
- Open a contract and select Yes or No
- Complete onboarding to apply for a Robinhood Derivatives account
US residents only, and not every contract is offered in every state: Maryland and Nevada residents cannot trade sports contracts, and since September 9, 2026 Michigan residents cannot open new sports contracts. Instant deposits do not apply to event contracts, and repeated applications can trigger a 30-day wait.
1 incident
Past incidents 1
Support employee phished, 7 million customers' data taken. An attacker socially engineered a Robinhood support employee by phone and obtained email addresses of about 5 million people and full names of about 2 million more; about 310 had more personal data taken and about 10 more extensive account details. Robinhood said no SSNs, bank or debit card numbers were exposed and no financial loss was expected. The attacker demanded an extortion payment; Robinhood informed law enforcement and hired Mandiant. Robinhood said it believed no SSNs, bank or card numbers were exposed and no financial loss to customers was expected (Robinhood's Nov 8, 2021 disclosure as reported by Fortune). https://fortune.com/2021/11/08/robinhood-data-breach-7-million-customers
Partly own faultNo user losses
Sources: fortune.com, cbsnews.com
From the project’s statements and security coverage. Own fault means the project’s code, servers or keys; third party means a vendor, registrar, oracle or issuer it relies on.
