
ProphetX is a prediction market platform where you trade event contracts with other users. You can either accept an available market price or pick your own price which gives it a nice flexible element.
I’ve dug deeper to find what you should expect on the site, its welcome offer, state availability, sports markets, payments, usability, and whether it’s genuinely worth your time. There is a lot to get through, but to kick things off they are currently offering new users a Trade $50, get $75 offer which I will explain further below.
Now ProphetX may be a familiar name for a lot of you but they have recently switched things up. The site is now a full sports prediction exchange where you trade event contracts with other participants. You can accept an available price or you can choose your own price.
This element of control over the trading price is a really nice feature to have and one of the best things for me. But what you do need to remember is that submitting an order does not always mean it will be filled. You also need to account for trading fees when comparing your options.
Lets get into ProphetX in a bit more detail and check out the current new user promo below.
ProphetX currently is running a welcome promotion for new eligible new users which is $75 in promotional credit after completing $50 in qualifying trading volume.
The promo credit is issued in three $25 instalments over 14 days.
There are some terms attached so you keep in mind that trades above 80% are excluded, and each instalment expires 45 days after it reaches your account.
The first thing I tested out during my review is simply signing up and I am pleased to say the process is one of the quickest I have found. Just follow these steps to get started:
Click the links on this page to take you directly to ProphetX and select “Sign Up.”
Next press “Continue with Email,” and create a password.
Now press “Continue” and you will be sent an email, click the link in this to verify your email address.
Here is where you would enter a promo code if you have one, we will keep this page up to date if this ever changes.
Take a look through the terms and conditions, then accept them
Then put in your phone number and confirm it using the code sent via SMS.
Once done, you are in and can get started.
ProphetX LLC has recently received its designation as a contract market from the Commodity Futures Trading Commission on June 11, 2026.
This means that its prediction market product operates under a different framework from the former sweepstakes offering.
Just like with any operator you must meet the age, identity and location requirements to participate. These will be checked when you sign up so you need to be minimum of 18 years old and in a state where ProphetX is currently available.
As of the time of this ProphetX review, the brand did not offer services in the following locations:
Prophet X operates in the majority of states; players should always verify eligibility before signing up.
ProphetX focuses heavily on sports event contracts and they have the major ones in their line up including football, basketball, baseball, hockey, soccer, tennis, golf and MMA. So if you are following the NBA or keeping an eye on the premier league, you will be able to find all of your major tournaments here
Available markets include game outcomes, spreads, totals and player markets but do keep in mind that these will vary depending on the event.
Available markets include game outcomes, spreads, totals and player markets.
At first glance, it may seem that a lot is happening all at once on the homepage. But it is actually one of the more simple operators I have used, plus the dark blue theme is also a nice touch.
The first thing you will see on the left is the menu which lists leagues, live events and futures, with links to regulatory information, privacy and support underneath. You can also use the search option at the top of the page or the league tabs above the event listings to find a market.
In the center of your screen the events are grouped into cards, I am a fan of this layout as it keeps the main things you want to look at right in front of you. When you open up an event tab it brings up the different market types, making it easier to move between them without scrolling through every option.
The Quick Trade panel on the right is something I also found really useful as it keeps your selections alongside the markets you are browsing. Below it, you can switch between Most Active, Upcoming Events and Prophet 101.
The Prophet 101 is a useful addition to this layout which I think more operators should utilize, it adds in guides to prediction market trading which you can pull up without having to go to a complete different section. This makes it really user friendly for anyone new to the site.
ProphetX has apps for both iOS and Android alongside the web version which is great to see.
Installing the application was straightforward. Once I opened my mobile app store, I searched for Prophet X and tapped the download icon. It took only a few minutes to complete the process, launch the app, and log in to my account.
The mobile applications are identical to the desktop site. They share the same dark theme and lighter highlights, but feature a more streamlined layout that suits smaller screens better. I found the same markets and features on the application, so I was not missing out on anything, even when making picks on my smartphone.
| iOS App Rating | ⭐⭐⭐⭐ |
|---|---|
| Android App Rating | ⭐⭐⭐⭐ |
One thing to keep in mind is that Prophet X charges 2% on net gains per market for straight trades but when it comes to parlay contracts these use a separate fee schedule.
This really matters when you are comparing different contract types but what I did like is how clear the site makes it. One thing I do say though is to check the charge before you submit an order instead of just assuming that every trade it using the same calculation.
Another great thing about Prophet X is that the deposit and withdrawal process is very straightforward. To deposit you head to the funding section and follow the steps on the form, then select your payment method.
They do support a few different types of payment methods including Aeropay, Trustly, Visa and Mastercard plus they also offer wire transfers for withdrawals.
When it comes to withdrawals one thing to keep in mind is that the amount you are able to withdraw and your total balance may be different due to processing times or order positions. You will also need to complete any KYC verifications checks beforehand
Prophet X does not have a live chat, which was quite a bummer for me. On the bright side, there were other ways to contact customer service on the platform.
Support options include:
Support is available every day from 8 a.m. to 8 p.m. EST and a typical first response time is under two hours, although this may change during busy times. But when testing this out, I did find a response in my inbox within that 2 hour time period.
What I did like is that they also have a useful FAQ section where you can search for answers or browse by category. This covers things from general information about the site to help with your account details. So if you prefer a self service experience you will probably find your answer here.
I also noticed that the brand leverages social media channels. You will find them on X and YouTube. The operator does not directly provide support through these mediums, but you get updates about its offerings.
Prophet X stands out in various aspects. It is a great prediction markets product that offers decent coverage for major leagues. You can easily make predictions on these events and it gives you the ability to choose the price at which you want to trade sports event contracts.
The mobile application is another highlight. It means that you do not have to be tethered to your computer to make picks on the platform. Prophet X is also safe, another highlight that bumped up its ratings in my books. If you’re in any of the states where it operates, you can sign up and join the fun in no time. Simply click the link on our banner to visit Prophet X and get started with the trade $50, get $75 promotion for new users.
No, ProphetX is now a prediction market product where you trade sports event contracts.
New users can currently get $75 in promotional credit after $50 in qualifying trades which comes in three $25 instalments.
Yes, they charge 2% on net gains per market for straight trades. Parlay contracts have a separate fee schedule which you can find on the site.
Yes, ProphetX has apps for both iOS and Android. You can also access the web version from both devices too.
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