Which Prediction Market Has the Lowest Fees? (2026)

The Short Answer
No single prediction market has the lowest fees in every situation. As of August 22, 2026, SX Bet has the lowest explicit fee for straight sports bets at 0%, although it has announced a move to a 1% fee on taker profit from August 25 while makers remain free. Polymarket charges 0% on geopolitical and world-event markets and never charges makers. ForecastEx offers the simplest regulated fixed fee at $0.01 per contract per side. For fee-enabled general markets, the cheapest venue depends on the contract price, order type, liquidity and whether you need to enter or exit as a taker. Predictefy helps compare the all-in executable cost rather than relying on the headline fee alone.
Prediction market fees became significantly more complicated in 2026.
Some venues charge a flat amount per contract. Others use a probability-weighted curve, charge only takers, charge only on profit, or waive fees for selected market categories.
That means the answer to "which prediction market has the lowest fees?" depends on what you trade and how you place the order.
A zero-fee venue can still be more expensive if its spread is wide or its order book is thin. A venue charging one cent per contract can be cheaper overall when it offers a materially better execution price.
Predictefy solves that comparison problem by normalizing market prices, order books and cross-venue opportunities across supported prediction markets. Instead of comparing fee pages manually, traders and developers can measure the fee-adjusted executable cost of the actual trade.
Key Takeaways
- SX Bet currently charges 0% on straight sports bets, but its announced V3 pricing moves taker singles to 1% of profit on August 25, 2026; makers remain free.
- Polymarket is fee-free for geopolitical and world-event markets, and makers pay no trading fee across all categories.
- ForecastEx charges a simple fixed fee of $0.01 per contract per side.
- Kalshi's general taker fee peaks around 1.75¢ per contract near a 50¢ market price, although some series have reduced or zero fees.
- Crypto.com charges takers between 1¢ and 1.75¢ per contract, with no maker or settlement fee.
- Robinhood can charge up to 1¢ in commission plus an exchange fee of up to 1¢ per contract.
- The lowest published fee is not necessarily the lowest all-in cost after spread, slippage, funding and exit costs.
Which Prediction Market Has the Lowest Fees in 2026?
The practical answer is a set of winners rather than one universal platform.
| Use Case | Lowest-Fee Choice | Published Fee | Main Caveat |
|---|---|---|---|
| Straight sports bets today | SX Bet | 0% maker and taker | Its announced V3 pricing changes taker singles to 1% of profit on August 25, 2026. |
| Geopolitical and world-event taker trades | Polymarket | 0% | The market must belong to a fee-free category. |
| Resting maker orders | Polymarket, Limitless, Crypto.com and SX Bet | 0% maker fee | A free resting order is only useful if it fills at a competitive price. |
| Simple fixed-fee regulated venue | ForecastEx | $0.01 per contract per side | Market selection is narrower than broad general-purpose venues. |
| Politics, finance or tech at a 50¢ price | Polymarket or ForecastEx | About $1 per 100 contracts | Polymarket's fee changes with price; ForecastEx remains fixed. |
| Lowest actual execution cost | Whichever venue has the best fee-adjusted book | Changes in real time | Requires live bids, asks, depth and current fee data. |
Current timing matters. SX Bet's public fee guide still lists 0% fees on straight bets at the time of writing. Its V3 announcement says that from August 25, takers will pay 1% of profit rather than a fee on stake, while makers continue to pay 0%.
Even after that change, SX Bet can remain highly competitive for sports because a profit-based fee behaves differently from a fee charged on every contract purchased.
Compare Net Costs With Predictefy
The lowest-fee platform is not always the cheapest place to execute. Predictefy compares normalized live prices, order books and cross-venue opportunities so traders can evaluate the cost after fees and available depth. Explore current markets through the Predictefy Arbitrage Scanner, or build the comparison into your product with the Predictefy SDK.
2026 Prediction Market Fee Comparison
The table below compares current public fee schedules that could be verified from official venue documentation.
The percentages are not always measured against the same base. Some venues charge per contract, some charge against a probability curve, and SX Bet's announced V3 model charges against profit. Treat the table as a structural comparison rather than a perfect one-number ranking.
| Platform | Taker Fee | Maker Fee | Other Costs | Lowest-Fee Use Case |
|---|---|---|---|---|
| SX Bet | Currently 0% on straight bets; 5% on winning parlays. Announced V3: 1% of taker profit from August 25. | 0% | Betting gas is covered; bridge providers may charge deposit or withdrawal fees. | Straight sports markets and maker orders. |
| Polymarket | 0% for geopolitical/world events. Fee-enabled markets use C × feeRate × p × (1-p), with category rates from 0.04 to 0.07. |
0% | No Polymarket deposit or withdrawal fee, although intermediaries may charge. Third-party builders can add separate builder fees. | Geopolitics, maker orders and contracts priced near 0¢ or 100¢. |
| ForecastEx | $0.01 per contract per side. | Same fixed transaction structure. | The exchange fee is explicit and fixed; access is through ForecastEx members such as Interactive Brokers. | Users who value a simple, predictable regulated fee. |
| Kalshi | General formula: round up(M × 0.07 × C × P × (1-P)). Some series have reduced or zero multipliers. |
Usually 0, but specified series can use a maker-fee multiplier. | No settlement or membership fee; ACH deposits and withdrawals are free. Card and third-party payment fees can apply. | Fee-free special series, resting orders and users needing a direct regulated exchange. |
| Crypto.com Predict | $0.01 to $0.0175 per contract. | 0% | No settlement fee. Available in the United States only. | Maker orders and users already inside the Crypto.com app. |
| Robinhood | Commission uses k × p × (1-p) × contracts, capped at $0.01 per contract, plus an exchange fee of up to $0.01. |
Depends on the order and underlying exchange. | Robinhood Gold costs $5 monthly and reduces the commission curve away from the midpoint. | Convenience for eligible US users already using Robinhood. |
| Limitless | AMM markets: 0.40%. CLOB buys: 0.40%–3.00%. CLOB sells: 0.42%–1.50%. | 0% for resting CLOB orders. | Onchain bridge and network costs can apply outside ordinary trading. | Fee-free makers and selected AMM markets. |
| Opinion | Published range of 0%–1%, adjusted by market probability and discounts. | Maker rebate program is available. | $5 minimum order and $0.25 minimum fee can make small taker orders expensive. | Larger orders that qualify for user, trade or referral discounts. |
Fee schedules can change by market. Kalshi publishes non-standard multipliers for individual series. Polymarket assigns a fee schedule to each market. Limitless distinguishes AMM and CLOB markets. Opinion applies discounts and minimums.
Always check the actual order ticket or current market metadata before trading.
A useful midpoint benchmark is 100 contracts bought at 50¢:
| Venue or Category | Published Charge for 100 Contracts at 50¢ | Notes |
|---|---|---|
| SX Bet straight sports bet | $0 currently | Scheduled to move to 1% of taker profit on August 25; makers remain free. |
| Polymarket geopolitics/world events | $0 | Category must be fee-free. |
| Polymarket politics, finance, mentions or tech | $1.00 | Equivalent to 1¢ per contract at the midpoint. |
| ForecastEx | $1.00 | Fixed 1¢ per contract. |
| Polymarket sports, economics, culture, weather or general | $1.25 | Dynamic fee peaks at the midpoint. |
| Kalshi general taker schedule | $1.75 | Some individual series use a zero or different multiplier. |
| Polymarket crypto | $1.75 | Highest Polymarket category rate. |
| Crypto.com Predict | Up to $1.75 | Published taker range is 1¢–1.75¢ per contract. |
| Robinhood | Up to $2.00 | Up to $1 commission plus up to $1 in exchange fees; Gold subscription cost excluded. |
This benchmark excludes spread, slippage, entry-and-exit repetition, funding fees and any venue-specific promotions.
Why the Lowest Published Fee Is Not Always the Cheapest
Trading cost is broader than the number on a fee schedule.
All-in trading cost =
entry fee
+ exit fee
+ bid/ask spread
+ order-book slippage
+ funding or bridge costs
+ settlement or withdrawal costs
A venue advertising 0% fees can still produce a worse result if its ask is two cents higher or its book has insufficient depth. The correct comparison uses the final executable price and every cost required to enter, hold and exit the position.
The bid/ask spread can exceed the fee. A 1¢ fee is less important than paying 3¢ more for the same outcome because one venue has a wider spread.
Slippage increases with size. The best ask may cover only ten contracts. A larger order can consume several levels and produce a materially worse average price.
Opening and closing can both incur costs. Robinhood applies commissions and exchange fees to opening and closing trades. Crypto.com charges fees when a position is proactively closed. A trader who holds to settlement can face a different cost from an active trader.
Maker orders trade cost for fill uncertainty. Free maker orders can be the cheapest route, but they may never fill. A taker pays more in exchange for immediate execution.
Funding rails matter. Crypto bridges, card deposits, wire transfers and third-party processors can add costs that do not appear in the trading-fee headline.
| Hidden Cost | How It Changes the Ranking |
|---|---|
| Spread | A venue with a higher explicit fee can still offer the lower all-in price. |
| Depth | The cheapest venue for 20 contracts may not be cheapest for 2,000. |
| Exit fee | Frequent traders can pay twice, while hold-to-settlement users may not. |
| Bridge or payment fee | Onchain and card-funded venues can add costs outside the trade. |
| Maker rebate | A liquidity provider can have an effective cost below zero on eligible markets. |
| Capital lock-up | A low fee does not compensate for leaving capital trapped in a long-dated market. |
How to Compare Fee-Adjusted Costs With Predictefy
Predictefy is useful because it compares the market rather than only the published fee schedule.
The cross-venue comparison endpoint can line up one market across its matched venues and return live best bids and asks where supported:
curl -s \
"$PREDICTEFY_API_URL/api/kalshi/compareMarketPrices?marketId=MARKET_ID&live=true" \
-H "Authorization: Bearer pk_live_YOUR_KEY"
This starts from a Kalshi market, resolves its cross-venue cluster and returns the corresponding markets on other supported venues. Live rows include the current best bid and ask, allowing your application to compare actual quotes rather than static fee tables.
For arbitrage or complementary cross-venue trades, use Predictefy's size-aware assessment:
import Predictefy from '@predictefy/sdk';
const client = new Predictefy({
apiKey: process.env.PREDICTEFY_API_KEY
});
const opportunities =
await client.router.fetchArbitrage({
contracts: 100,
executableOnly: true
});
This asks Predictefy to walk the live YES and NO asks at a size of 100 contracts. A row only receives the executable arbitrage label when it has real depth, open markets, verified per-venue fee models, compatible resolution rules and a positive net edge after modeled costs.
The fee verification requirement matters.
Predictefy does not silently assume that a venue is free. If the applicable fee model cannot be verified, the opportunity remains an indicative price discrepancy and includes a machine-readable reason such as unverified_fees.
This makes Predictefy more useful than a static "lowest-fee platform" ranking:
| Static Fee Table | Predictefy Comparison |
|---|---|
| Shows the published base fee | Uses current venue fee models in qualification |
| Ignores the market spread | Reads live best bids and asks |
| Assumes one trade size | Walks depth at the size requested |
| Does not match equivalent markets | Uses cross-venue clusters and resolution checks |
| Becomes stale when fees change | Fail-closes when the fee model is unavailable or unverified |
Find the Lowest All-In Cost With Predictefy
Predictefy gives traders and developers one normalized layer for prediction market prices, order books, matched markets and fee-aware cross-venue qualification. Use the Predictefy Arbitrage Scanner to inspect current opportunities, or start building with the TypeScript SDK and API reference.
Best Low-Fee Prediction Market by Trader Type
The right venue depends on the type of trader and market.
| Trader Type | Best Starting Point | Why |
|---|---|---|
| Straight sports taker | SX Bet | 0% singles at the time of writing; announced V3 charges only 1% of taker profit rather than stake. |
| Sports market maker | SX Bet, Polymarket or Limitless | Each offers a zero-fee maker route, subject to market availability and fill quality. |
| Geopolitics or world events trader | Polymarket | These categories are explicitly fee-free. |
| US trader wanting a simple fixed charge | ForecastEx | The fee is a predictable 1¢ per contract per side. |
| US trader prioritizing app convenience | Robinhood or Crypto.com | Both integrate event contracts into an existing retail account, although they are not always the lowest-fee routes. |
| Fee-sensitive maker | Compare Polymarket, Limitless, Crypto.com and SX Bet | Published maker fees are zero, but spread, liquidity and fill probability decide the actual result. |
| Cross-venue arbitrage trader | Predictefy | The cheapest combination changes by market, size and side; a live fee-adjusted comparison is more useful than choosing one venue permanently. |
Venue access also matters. Crypto.com Predict and Robinhood event contracts are currently US-only products. Decentralized venues maintain separate geographic restrictions. A lower fee is irrelevant if the venue is unavailable or prohibited where you are located.
Liquidity should be weighted more heavily than small fee differences. Paying 0.25¢ less in fees does not help when the execution price is 2¢ worse.
Frequently Asked Questions
Which prediction market has the lowest fees in 2026?
SX Bet currently has the lowest explicit fee for straight sports bets at 0%, although its announced V3 schedule moves taker singles to 1% of profit on August 25. Polymarket is fee-free for geopolitical and world-event markets and charges makers 0%. ForecastEx has the simplest fixed fee at one cent per contract per side. There is no universal winner across every market and order type.
Is Polymarket fee-free?
Not on every market. Polymarket charges no fee to makers and keeps geopolitical and world-event markets fee-free. Takers pay a dynamic fee on categories including crypto, sports, politics, finance, economics, culture, weather, technology and general markets. The fee is highest near a 50¢ price and falls toward 1¢ or 99¢.
Is Kalshi cheaper than Polymarket?
It depends on the market. Kalshi's general taker schedule peaks at $1.75 per 100 contracts near 50¢, while Polymarket ranges from $0 for geopolitical markets to $1.75 for crypto at the same size and price. Kalshi also publishes zero-fee multipliers for selected series, so the exact contract must be checked.
How can I compare prediction market fees with Predictefy?
Use Predictefy's cross-venue market comparison to line up equivalent contracts and read their live bids and asks. For complementary trades or arbitrage, client.router.fetchArbitrage() evaluates the requested size using live depth and verified venue fee models before calculating net edge.
Which Predictefy API endpoint includes fee-adjusted arbitrage?
Use GET /api/router/fetchArbitrage through REST or client.router.fetchArbitrage() in the TypeScript SDK. Predictefy only applies the arbitrage label when the relevant fee models are verified and a positive net edge remains after all modeled costs.
Can I build a lowest-fee venue router with the Predictefy SDK?
Yes. Predictefy provides normalized market data and order books across supported venues, plus matched-market and cross-venue comparison tools. Your application can use the live asks, depth and fee-qualified results to route a trade toward the lowest all-in executable cost rather than hard-coding one platform.
Are maker orders always cheaper than taker orders?
They often have lower explicit fees, but they are not automatically cheaper in practice. A maker order may remain unfilled or require you to quote a less favorable price. Predictefy can expose the current order books, but your strategy still needs to balance fee savings against fill probability and market movement.
Conclusion
There is no single prediction market with the lowest fees across every category, order type and trade size.
SX Bet currently leads straight sports bets on explicit fees. Polymarket is the lowest-cost option for geopolitical markets and for makers. ForecastEx offers the clearest fixed fee. Kalshi, Crypto.com and Robinhood can be competitive depending on price, market and account type, while Limitless and Opinion use percentage-based structures with different trade-offs.
The more important lesson is that published fees are only one part of the cost.
A wider spread, thinner book or expensive exit can overwhelm a small fee advantage. The cheapest venue for 20 contracts may not be cheapest for 2,000.
Predictefy makes that comparison practical by combining normalized market data, live order books, matched markets and verified fee models in one infrastructure layer.
Use fee schedules to narrow the search. Use Predictefy to determine which venue or combination is actually cheapest to execute right now.
This article reflects publicly available fee schedules reviewed on August 22, 2026. Fees, promotions and market-specific multipliers can change. This is general information, not financial, investment or legal advice.