
Whether you have a good idea of economic events or simply want to try out something new, you might be considering trading contracts on economic events. Well, regular sportsbooks won’t offer you that, but you can opt for trading event outcomes.
This would require you to join a prediction market. Thankfully, you have a number of them to choose from, and we’ll recommend the top platforms in this guide. We will also explain the steps to predicting the outcome of economic events, along with some tips to make the most of your experience. Read on to learn more.


Let’s clearly state that prediction markets are not betting sites. You won’t be engaging in any form of betting activity when dealing with economic events. Instead, you’re focused on trading event contracts.
For each contract, you will find markets with Yes or No positions, priced between $0.1 and $0.99. You buy any of these positions, then choose whether to sell them in the future or wait till the event resolves. If your prediction is accurate after the event, you receive a $1 payout per contract.
To give you a clearer understanding of how this works, here is an example of an economic event contract:
Under this, you have multiple markets, each with its own positions and prices. Here are a few of them:
| Exactly 2 cuts | Yes (4 cents), No (97 cents) |
| Exactly 3 cuts | Yes (97 cents), No (5 cents) |
The prices also show you the market sentiments and the chances of that event happening. For instance, the Yes position in the “Exactly 3 cuts” market goes for 97 cents. This means there is a 97% chance that the number of rate cuts in 2025 will be exactly three.
We have answered the question, What are prediction markets? It’s time to provide a more detailed breakdown of how to trade economic event contracts on such platforms. Let’s get into it:
Opt for reputable brands like Kalshi, Polymarket, Crypto.com, or Robinhood. We have provided a link to each one. Click the on-page banners to be redirected to the site, then tap the sign-up icon to kickstart the registration process.
Each of these platforms also has mobile apps for Android and iOS. If you prefer using your mobile device, download their app instead and register from there. The process is identical to what you will find when using a computer.
This is one step you cannot skip. You need to provide clear documents that show who you are and your residential address. KYC verification can take from a few minutes to 48 hours, depending on the platform
Remember that you’re trading event outcomes, and to trade, you need funds in your account. So, click the deposit or “+” icon, select a payment method, and provide your details. Follow the onscreen instructions to authorize the transaction.
Navigate to the “Economy” section of the trading platform and click on an event contract. If there are markets under it, select the one you want before choosing whether to take a Yes or No position. Enter the number of contracts you want (remember that each one is valued between $0.01 and $0.99).
As time passes, the probabilities and prices of your event contracts will change. The value can increase or decrease. Before the event is settled, you can sell your positions. If you sell at a higher price, you secure your extra wins.
For example, you buy 100 contracts, each at 46 cents. That means you spent a total of $46. You sell each one at 78 cents, giving you $78 ($32 extra). However, if you wait for the event to settle and your prediction is correct, you receive $1 for every accurate event contract.
Kalshi, Polymarket, Crypto.com, and Robinhood are the four sites and apps that we highly recommend, but there are many more incoming. Let us clarify that these are not betting sites. They are simply trading platforms where you can predict the possible outcome of various economic events.
| Prediction Markets | Welcome Bonus | App Availability | Economic Markets Offered |
|---|---|---|---|
| Kalshi | $10 bonus | iOS & Android | Inflation, Employment, Oil, Federal Decisions, GDP, CPI etc. |
| Polymarket | Coming soon | iOS & Android | Trade Wars, Taxes, Fed Rates, Inflation, Treasuries etc. |
| Crypto.com | $50 bonus | iOS & Android | Federal decisions, Taxes, Federal Decisions, GDP etc. |
| Robinhood | Up to $200 in reward stock | iOS & Android | Economic indicators, Federal decisions, Market indices etc. |
| Underdog Predict | N/A | iOS & Android | N/A |
| PrizePicks | Play $5, Get $50 | iOS & Android | N/A |
| FanDuel Predicts | N/A | iOS & Android | Financial indicators, Fed decisions, GDP, CPI, Economic benchmarks etc. |
| Fanatics Markets | N/A | iOS & Android | N/A |
| Coinbase | N/A | iOS & Android | Economic indicators via Kalshi contracts |
| DraftKings Predict | N/A | iOS & Android | Financial derivatives, Global benchmarks, Economic indicators |
| Novig | ⏳ Awaiting CFTC Approval | iOS & Android | N/A |
| Railbird | N/A | Website only | N/A |
| PredictIt | N/A | Website only | Limited economic markets, primarily politics-focused |
| Sporttrade | ⏳ Awaiting CFTC Approval | iOS & Android | N/A |
| ProphetX | ⏳ Awaiting CFTC Approval | Website only | N/A |
This platform scores highly because of several features, one of which is its social feature. It has an “Ideas” section, a social hub where users can interact with other users. You can post ideas, follow experienced traders, bookmark conversations, and even get answers to platform-related questions.
When it comes to economic event contracts, Kalshi does an excellent job. It has a section dedicated to economic events such as inflation, employment, oil, and federal decisions. The interface is well-organized, making it easy for you to trade contracts and get your winnings. Other standout features include functional mobile applications, reliable payment methods, and decent customer service. They also offer contract on various other events, including an excellent selection of sports prediction markets.
| Feature | Details |
|---|---|
| 💰 Welcome Bonus | $10 bonus |
| 📱 App Availability | iOS & Android |
| ⚡ Payout Speed | 3 – 4 business days |
| 💹 Economic Markets | Fed rate decisions, Economic indicators, Commodity prices, Treasury yields |
| 🚫 Restricted States | AR, AZ, CT, IL, LA, MA, MD, MI, MT, NJ, NV, OH |
| ⭐ Key Features | • Dedicated section for economic event contracts • Post ideas, follow experienced traders, bookmark conversations • Reliable payment methods • CFTC-regulated |
Polymarket gets a thumbs-up for coverage. In the Economy section, we found hundreds of economic-related event contracts revolving around topics such as trade wars, taxes, Fed rates, inflation, and treasuries. The site and app also feature social hubs where you can view traders’ profiles, previous trades, and portfolios.
The user experience of the trading platform is impressive. Both the site and app have a sleep interface that suits beginners and experienced traders alike. For payments, the platform supports a range of methods, including debit cards and cryptocurrencies. We also like that there is only a small 0.01% fee on taker orders.
| Feature | Details |
|---|---|
| 💰 Welcome Bonus | Coming soon |
| 📱 App Availability | iOS & Android |
| ⚡ Payout Speed | Within 24 hours |
| 💹 Economic Markets | Domestic and foreign economic events, International trade, Monetary policy, Fiscal policy |
| 🚫 Restricted States | Currently in Beta – limited U.S. access |
| ⭐ Key Features | • Great coverage for domestic and foreign economic events • Sleek interface suitable for beginners • Only 0.01% fee on taker orders • Supports debit cards and cryptocurrencies |
The first thing that catches your attention when you launch Crypto.com is the user-friendly interface. It has a dark theme, bold writing, and a well-organized layout that make navigation easy. This same functionality is what you enjoy on the mobile application. Whether you use the app or the website, you have access to 100+ economic event contracts, all of which follow the Yes/No format standard on prediction websites.
Crypto.com also has high liquidity for economic event contracts, meaning there is a good number of buyers and sellers. It allows the platform to execute trades quickly. The real-time updates are another highlight, as they provide you with the latest information and prices of the event contracts.
| Feature | Details |
|---|---|
| 💰 Welcome Bonus | $50 bonus |
| 📱 App Availability | iOS & Android |
| ⚡ Payout Speed | Within one hour (especially for crypto withdrawals) |
| 💹 Economic Markets | 100+ economic event contracts in Yes/No format |
| 🚫 Restricted States | AR, AZ, CT, IL, LA, MA, MD, MI, NV, NY, OH |
| ⭐ Key Features | • Well-organized layout for easy navigation • High liquidity for economic event contracts • Low commission for trading • Supports USD and cryptocurrency payments (400+ cryptos) |
Robinhood is one of the few prediction markers with a welcome incentive. It offers a free stick valued at $5 to $200 when you sign up, verify your account, and link your bank card. That’s not all; there are referral rewards and a Robinhood Gold program that offers various perks when you subscribe.
Its prediction market offers event contracts in various categories, including the Economy. You can easily trade these once your account is funded. For such transactions, the prediction market supports bank transfers, debit and credit cards, as well as mobile wallets. Another highlight is the speedy withdrawal processing, which allows you to get your funds within a few minutes to 24 hours, depending on your selected payment method.
| Feature | Details |
|---|---|
| 💰 Welcome Bonus | Up to $200 in reward stock |
| 📱 App Availability | iOS & Android |
| ⚡ Payout Speed | Few minutes to 24 hours (depending on payment method) |
| 💹 Economic Markets | Economy event contracts across various categories, Economic indicators, Federal decisions, Market indices |
| 🚫 Restricted States | AR, AZ, IL, LA, MA, MD, MI, NV, OH |
| ⭐ Key Features | • Premium Robinhood Gold program with various perks • Referral rewards available • Low $0.01 commission per trade • Supports bank transfers, debit/credit cards, and mobile wallets |
Yes, it is safe. That is, if you use licensed exchanges like those we just recommended. These platforms operate under the Commodity Futures Trading Commission (CFTC), so they abide by strict rules to ensure the safety of their users. That is one reason KYC verification is mandatory on any licensed trading site in the US.
In addition to being CFTC-regulated, the best prediction markets implement high-end encryption protocols that make it impossible for third parties to access your details. They support two-factor authentication that you can activate at any time to further protect your account.
As traders ourselves, we have hands-on experience and approaches that have helped us make more successful economic predictions. Below are our best three tips:
Always be in the loop. This is the same advice we gave when offering tips for making political predictions. Since these economic events have predictable schedules, you can easily follow up on meetings and reports to see what’s new. With this, you can buy positions with higher winning chances.
When predicting economic outcomes for the first time, limit yourself to a few contracts on events you’re familiar with. Use the time to learn how prediction markets work, how prices shift, and the event-settling process.
This is a good move only after you have a better grasp of economic event contracts. With this knowledge, you can expand your reach. Instead of buying bulk contracts under a single event, spread the amount and buy positions attached to different outcomes.
Here are the advantages and drawbacks to note about predicting economic outcomes on trading sites/apps:
You now understand how economic prediction markets work. We recommend starting with established platforms like Kalshi, Polymarket, Robinhood, or Crypto.com, all of which offer multiple markets for economic events. They’re also licensed, safe, and have dedicated apps you can download if you prefer making trades from your smartphone.
The first steps are straightforward: choose a platform that aligns with your preferences, complete the registration, and fund your account. Start small to get the hang of the process before expanding your portfolio. The best part is that prediction markets have very low entry barriers, so you don’t have to purchase bulk event contracts as a new user. You can check out these prediction markets today by clicking on our on-page banners.
No, you cannot have more than one account per platform. However, you can open accounts on more than one prediction market.
You can start trading economic event contracts after depositing as little as $10 to $20 on most sites/apps. Each position is priced between $0.1 and $0.99, so you buy as many contracts as you want.
No, you don’t. You only get a payout if your prediction is accurate. If the prediction is not correct, you won’t receive any winnings.
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