Best Apps Like Robinhood For 2026: Top Alternatives Compared

No doubt, Robinhood is one of the most sought-after prediction markets for a lot of reasons. Aside from offering traders the chance to buy event-based contracts across a wide range of options, it also provides a user-friendly interface.

However, if you wish to explore apps like Robinhood, then you’ve finally landed on the right page. In this guide, we’ll discuss some of the best options that you can use instead of Robinhood, including Kalshi, Crypto.com, Polymarket, Underdog, PrizePicks. But before exploring each of these sites, we’ll briefly introduce Robinhood and what it brings to the table.

The Top Prediction Market Apps Like Robinhood

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Brand

Bonus

Features

Trade

1

$10 Bonus

• Users can trade contracts on price milestones for assets like Bitcoin and Ethereum
• Settlement is based on verified index prices (CF Benchmarks), not exchange-reported spot prices
• Good coverage with events contracts for cryptocurrencies big and small

Trade Now Kalshi Review

T&Cs apply, 18+

2

Deposit $20 get $50

• 15-minute, hourly, and 4-hour prediction markets
• Supports BTC, ETH, SOL, XRP, and DOGE
• Pre-market and ETF predictions

Trade Now Polymarket Review

18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading involves high risk and may result in loss of your entire investment. See polymarket.us/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated derivatives exchange and clearing organization.

3

100% up to $250

• Welcome bonus of up to 1 BTC in rewards
• Quick crypto transactions
• Buy event contracts for sports, elections, economics, and more

Trade Now Crypto.com Review

T&Cs apply, 18+

Pros and cons of using sites like Robinhood

Of course, these recommended sites offer lots of exciting experiences. But that doesn’t mean they are perfect. In fact, here are some of their pros and cons that we’ve noticed:

Pros and Cons

• They offer a wide variety of events-based contracts
• Impressive mobile performances
• They all support popular payment methods
• Responsive customer support experience

• Some may not have streamlined registration process

What is Robinhood, and how does it work?

Before going deeply into more details about prediction market apps like Robinhood, let’s briefly introduce the site and what it has in store. Launched in 2013, Robinhood is a commission-free trading app that allows users to buy and sell assets like stocks, ETFs, and even cryptocurrencies directly from mobile devices or desktop browsers.

In 2024, the brand introduced its prediction market, which gives traders the chance to buy and sell Yes/No contracts that are tied to real-life events across the economy, crypto price movements, sports, culture, music, entertainment, and much more.

To get started, all you need to do is create an account, verify your identity, and make a deposit to your newly created account using any of the supported payment methods. Once that’s done, you can begin exploring the available markets and placing trades based on their predictions.

For its prediction market feature, each contract is usually priced between $0.1 and $1, depending on the probability of the outcome. However, it’s worth noting that the prices of contracts are not centrally controlled by Robinhood.

Prices are generally controlled by the forces of demand and supply. This means the more the market believes the probability of an outcome, the higher the price of that particular contract.

For instance, if the price of a contract is at $0.70, it shows that about 70% of the market believe in that particular outcome. If your prediction comes correct, the price of that particular will automatically become $1. That means if you purchased 100 contracts, you’ll make $30 profit.

What to look out before choosing any Robinhood alternative site

If you’re already used to Robinhood and wish to explore other sites, it won’t be wise for you to just choose any random site. Instead, you should do your due diligence by exploiting the following factors:

Check for mobile performance

Even though trades are conveniently placed from desktop devices, it’s very important to check the mobile performance of any prediction market you wish to use. Check if the brand offers a dedicated mobile app.

Even if it does, also check if its website is well optimized for mobile performance. A well-optimized mobile experience ensures that you can monitor markets, execute trades, and react to real-time changes without delays or glitches.

During your tests, make sure to navigate to every section of the app, for an idea of how fast they load. Once you’re satisfied with your findings, you can then proceed to the next step.

Check for the brand’s licensing information

Another important factor to consider before choosing alternative apps like Polymarket and the rest that we’ll recommend is the availability of a license. A reputable prediction market should be licensed and regulated by the Commodity Futures Trading Commission (CFTC).

In case you don’t know, this body is a regulatory agency that is responsible for overseeing derivatives markets, including futures, options, and other similar financial instruments. Its basic function is to ensure that trading apps and sites operate fairly, and in compliance with the established financial laws.

Check for available markets

The coverage of a prediction market is another important factor that you should check before hitting that sign up button. If your interest is in economics for instance, you should make sure to check if the site offers a wide range of economy related questions like those centered around inflation rate, interest rates, GDP forecast, and much more.

The same thing also goes for traders who are interested in other aspects like slots, crypto price movements, election, and much more. Once you’re satisfied with your findings, you can then proceed to sign up for your account.

Here are some other apps like Robinhood that you can explore

We won’t deny the fact that it may be quite difficult to follow all the steps listed above. However, the good news is that we’ve done all the good work for you by reviewing more than 10 options. Out of the lot, the following options are some of the best ones we recommend:

Kalshi – Enjoy $10 welcome bonus

Kalshi is one of the best alternative apps that you can use in place of Robinhood, especially if you prefer a site with a wide variety of events-based markets. Aside from popular options like economy, politics, and crypto prices, Kalshi also offers questions across options like sports, culture, and even music.

Its impressive mobile performance is another area where it shines. During our review, we figured it offers both iOS and Android apps. We tried these apps and our experience hasn't been bad at all. Pages load faster while navigation feels very smooth.

When it comes to bonuses, Kalshi’s $10 welcome bonus is also worth noting. While no bonus code is needed to unlock this offer, you must place trades of up to $100 to qualify for it.

$10 Bonus

Code: PREMARLINES Copied!

Trade Now Kalshi Promo

T&Cs apply, 18+

Crypto.com – User-friendly interface

Second on our list of favorite Robinhood alternative sites is Crypto.com, a popular crypto trading brand that is loved by thousands of traders and investors. In December of 2024, the brand introduced its prediction market with coverage on sport, finance, economics, and politics.

Even though its coverage is quite limited when compared to Robinhood, Crypto.com stands out for its user-friendly interface. Even as a first time user, finding your way on the app is not really a big deal, as buttons are properly labelled and placed in the right spots. The brand also features a streamlined registration process. During our test, we were able to sign up for an account in less than 5 minutes.

Sponsored by Crypto.com – Not investment advice. Trading prediction markets and crypto involves risk, including potential loss of your stake. Consider your risk tolerance before participating. Crypto.com connects U.S. users to CDNA (regulated by CFTC) for derivatives trading. CDNA membership required. Trading may not be suitable for all—you could lose your entire investment plus fees. Past performance doesn't guarantee future results. This is not a solicitation or recommendation to trade.

100% up to $250

Trade Now Crypto.com Promo

T&Cs apply, 18+

Polymarket – Streamlined registration process

Polymarket claims to be the world’s largest prediction market and after checking it, that claim may not be too far from the truth. The app offers an extensive range of markets covering politics, global news, crypto trends, and major real-world events, making it a good choice for users who want to try out a variety of event-based contract trading.

Unlike other apps like PrizePicks, Polymarket is built on the blockchain technology. This ensures strict transparency in pricing. Getting started on the app is also very easy, as only a few personal details are needed. You also don’t need a promo code to sign up here, which is a big plus.

Deposit $20 get $50

Code: LINES Copied!

Trade Now Polymarket Promo

18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading involves high risk and may result in loss of your entire investment. See polymarket.us/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated derivatives exchange and clearing organization.

Underdog – Enjoy a fresh prediction experience

While largely known for daily fantasy, Underdog has just launched its CFTC-licensed prediction market. This new feature offers a regulated prediction market where you can trade sports event contracts alongside topics like politics and culture.

Since it recently launched, its features may not be too complete, but that doesn’t stop you from having access to a wide variety of events related questions that you can trade on. Despite being new, Underdog Predict’s customer support experience is top-notch. To test, we sent a few queries to the live chat support and responses came in within a few minutes.

Trading derivatives involves risk and may not be appropriate for all. For more information visit: https://www.nadex.com/rules and https://underdogfantasy.com/rules. For Crypto.com Predictions, the term "pick" refers to a product traded on CDNA.

PrizePicks – Impressive mobile performance

Last but not the least, PrizePicks is another top prediction market app that you can use in place of Robinhood. Even though it was also known for its daily fantasy offerings, PrizePicks has recently partnered with apps like Kalshi, one of the biggest brands when it comes to events-based contract trading.

This means through PrizePicks, you can get access to everything that Kalshi offers. The best part is that the site is widely known for its impressive mobile performance.

The brand features both iOS and Android apps that you can install from your respective device’s app store. Even without installing the app, the site is also well optimized for mobile usage, so it works well on different mobile screens and operating systems.

Getting started with prediction market apps like Robinhood

Getting started on alternative apps to Robinhood is not really a bid deal, as they all feature streamlined registration processes. Thankfully, all our recommended sites don’t require any promo code to sign up for. From our experience, you should be done with their sign up processes in less than 5 minutes. Once you’re ready to get started, you can follow the simple steps below:

1. Check the banners on this page and hit the link to your preferred option

2. Start the registration process by providing all the required details

3. Verify your email address and identity

4. Fund your account through any of the supported payment methods

5. Head to your preferred site’s prediction market

6. Choose your preferred question

7. Select either a “Yes” or “No” contract from the options

8. Enter the number of shares you wish to purchase

9. Confirm and complete the transaction

Summary of our recommended Robinhood alternative sites

Before we conclude this guide, here’s a table summarizing all the sites that we discussed above:

Why should you explore other sites like Robinhood

Despite Robinhood being a great brand, there are lots of reasons why we think you should explore alternatives. These reasons could range from accessing a wider variety of prediction markets to enjoying more flexible trading features that better suit your needs.

Thankfully, we’ve provided some top-rated sites that you can explore in the earlier sections of this guide. These sites, which include Kalshi, Crypto.com, Polymarket, Underdog, and PrizePicks, are widely loved for their overall positive experience.

So, if you’ve followed this guide from the beginning, we’re sure you must have learned a thing or two about the brands and what they bring to the table. What’s now left is for you to try them out yourself. Once ready, you’ll find their registration links featured on the banners of this page.

Robinhood alternative sites FAQs