Kalshi
The first U.S. federally regulated prediction market. Trade real-money event contracts on elections, weather, economics and sports — new users trade $25 and get $25 with code FLPREDICTS.
Kalshi · Trade $25 and Get $25!
FLPREDICTSClaim (opens in a new tab)21+ · T&Cs apply
Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.
CFTC-regulated · trade $25, get $25
Trade $25, get $25 (opens in a new tab) Compare to other platforms
Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.

Quick answer
Kalshi scores 4.5/5 and ranks #3 on our list: it is a CFTC-designated contract market open to eligible users, settles in USD with free ACH, provides a yearly profit-and-loss statement, and runs native Florida hurricane markets. New eligible users can trade $25 and get $25 with code FLPREDICTS, subject to terms. Politics depth still trails Polymarket.
Kalshi · Trade $25 and Get $25!
FLPREDICTS
Claim on Kalshi (opens in a new tab)
Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.
Last checked October 21, 2026
Welcome offer · Kalshi
Trade $25 and get $25
New users: open a Kalshi account, trade $25 in event contracts with the code, and get $25 back.
FLPREDICTS
Claim the $25 bonus (opens in a new tab)CFTC-regulated exchange · web and mobileCertain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.
(opens in a new tab)What we like
- CFTC-designated exchange with federal oversight, open to eligible users
- USD settlement, free ACH deposits and withdrawals, downloadable profit-and-loss statement
- Native Florida markets: hurricane landfall, Miami temperature, FL races
- Deepest book in the U.S. on Fed, CPI and weather contracts
Where it falls short
- Formula-based per-contract fee (roughly 0–2%)
- Thin liquidity in niche and long-dated contracts
- Fewer global political markets than Polymarket
Our verdict on Kalshi
Composite score 4.5 / 5 · best for Eligible Florida residents who want regulated, USD-settled event trading
Kalshi ranks #3 on our list and remains a strong option for eligible Florida traders. Regulatory clarity, dollar banking and clean tax reporting outweigh the small per-contract fee, and its hurricane and Florida-election contracts have no real equivalent elsewhere. Serious political traders may still keep a second book for global markets.
Why Floridians use Kalshi
- Trade $25, get $25 (code FLPREDICTS, new users)
- CFTC-regulated exchange, real USD payouts
- Strong on weather, hurricanes & economics
- Web and mobile — available to eligible Florida users
Kalshi categories
Kalshi is strongest in these market categories:
politics
weather
sports
economics
Kalshi — scoring rubric
Scored on our public six-criteria methodology. Weights are fixed and commission-blind.
| Criterion | Weight | Score | Notes |
|---|---|---|---|
| Regulatory clarity | 30% | 5.0 | CFTC-designated contract market. Federal oversight. |
| Liquidity & depth | 20% | 4.0 | Category leader on Fed, CPI, weather; behind on politics. |
| Florida availability | 15% | 5.0 | Open to eligible FL users. Native hurricane markets. |
| Fees & payout | 15% | 4.0 | Formula-based fee. Free ACH in/out. |
| UX & reliability | 10% | 4.5 | Instant ACH. Held up under Fed-decision volume. |
| Editorial trust | 10% | 4.5 | Public rulebook, CFTC filings. |
| Composite | 100% | 4.5 / 5 | |
We use Kalshi ourselves: real screenshots
These screenshots come from our editor's own funded Kalshi account, taken on 27 September 2026. The balance and trade history are real, including a small loss. Nothing has been edited except cropping.





New on Kalshi: social features
Kalshi now has a social layer on top of trading. Here is what we found when we tried it on 27 September 2026:
- Live chat on every market. A chat panel opens under the market, so you can talk with other traders while prices move.
- Chat rooms. The Rooms button lists the busiest live chats at that moment, for example NFL games, 15-minute Bitcoin markets, the Ballon d'Or and daily weather.
- Positions next to comments. Messages and posts can show what the poster holds (for example "Lamine Yamal · $955"), so you can see who has money behind an opinion.
- Social feed. Each event has a feed ("This event" or "All") where you can post text or a GIF and attach your position. There is also an Activity tab and a Social tab in the bottom menu.
- Insider-trading reporting. Market pages include a "Report Insider Trading" button and a clear "Insider trading is prohibited" notice.
Our take: the chat is fun during live games and useful for spotting news fast, but it is unfiltered opinion (and sometimes crude). Treat it as entertainment, not advice, and never copy a trade just because someone posted a big position.



Compare to other platforms
Still deciding? Here's how Kalshi stacks up.
| Kalshi | Polymarket | ProphetX | Rebet | |
|---|---|---|---|---|
| Tagline | CFTC-regulated · trade $25, get $25 | CFTC-regulated US app · deposit $10, get $25 | Sports prediction market · Trade $50, Get $75 | Social sports predictions · ranked #4 |
| Best for | politics, weather | politics, crypto | sports | sports, entertainment |
| Legal note | New users only. 18+. Regulated by the U.S. Commodity Futures Trading Commission. Event contract trading involves significant risk. | 18+. Polymarket US is CFTC-regulated. Trading is risky; 100% loss can occur. | New users only. 18+. Trading involves significant risk. Offer terms apply. | Eligibility rules apply. 21+. Review the platform's current terms before participating. |
| Sign up (opens in a new tab) | View Polymarket → | View ProphetX → | View Rebet → |
Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.
Sources
- › CFTC — Designated Contract Markets (regulated exchanges)
- › Kalshi Help Center — fees, deposits, and withdrawals (opens in a new tab)
- › Polymarket Learn — how markets and resolution work (opens in a new tab)
- › ProphetX — official sports prediction market (opens in a new tab)
Already have Kalshi? Add a second app
- OG: Trade $25 Get $50 in Rewards! (New users only) (code
FLPREDICTS) · 42 states + D.C. Claim on OG (opens in a new tab)
Paid partnership with OG. Terms and conditions apply. Trading derivatives involves risk and may not be appropriate for all. Availability subject to jurisdictional limitations. For more information, visit: OG.com. - ProphetX: Trade $50, Earn $75! (code
FLPREDICTS) · 49 states + D.C. Claim on ProphetX (opens in a new tab)
New users only. T&Cs apply. ProphetX's minimum age is 18 (or the local age of majority if higher); we recommend 21+. Not available in Nevada. Trading involves risk.
21+ · T&Cs apply · Terms
Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.