- Webull prediction markets are Kalshi event contracts offered inside the Webull brokerage app.
- Webull started with economic and crypto contracts in 2025 and added football in the 2025 and 2026 seasons.
- Fees are a 1¢ exchange fee and a 1¢ firm fee per contract, each time you open or close.
- You have to apply for event trading first; there's no leverage.
This review of Webull prediction markets explains what Webull offers, how to get access, what it costs and who it suits, as of October 2026. Webull is a brokerage app; its event contracts come from Kalshi, a CFTC-regulated exchange. If you're new to the format, read what prediction markets are first. Nothing here is advice.
Webull prediction markets: how they work
Webull partnered with Kalshi in early 2025 to offer event contracts, starting with economic events and later adding hourly crypto contracts and monthly inflation and jobs markets. It began offering NFL game contracts with the opening game of the 2025 season and promoted college football markets for 2026. Contracts are offered through Webull Futures LLC, Webull's CFTC-registered futures commission merchant and an NFA member.
Each contract pays $1 if the event happens and nothing if it doesn't. You can close a position before it expires, and sports contracts trade around the clock outside maintenance windows.
Webull prediction markets at a glance
| Feature | Webull |
|---|---|
| What it is | Broker (Webull Futures, an FCM) routing to Kalshi |
| Markets | Economics (inflation, jobs), crypto, football and other sports |
| Fees | 1¢ exchange fee + 1¢ firm fee per contract, on opening and closing |
| Leverage | None |
| Access | Apply for event trading in the Webull app |
| Funding | Your Webull brokerage account |
Webull prediction market fees
Webull charges a 1¢ exchange fee and a 1¢ firm fee per contract each time you open or close a position. Webull has run promotions with no commission on selected markets, such as the pro football championship in early 2026. A flat per-contract fee costs proportionally more on cheap contracts; compare with other venues using our fee calculator.
Pros and cons
| Pros | Cons |
|---|---|
| Event contracts inside an existing brokerage account | Need to apply for event trading first |
| Simple flat per-contract fees | Flat fees weigh more on cheap contracts |
| Kalshi's regulated markets | A subset of Kalshi's markets, not the full list |
| No leverage on event contracts | Sports contracts face state legal challenges |
How it compares with other brokerage apps
Webull, Robinhood and Interactive Brokers all offer event contracts inside a brokerage account. Webull routes only to Kalshi, while Robinhood routes to several exchanges including its own, and Interactive Brokers adds CME and its own ForecastEx exchange. Webull's flat fees are easy to predict; Robinhood's commission varies with price and is capped per contract. If you already hold an account at one of these brokers, the convenience usually outweighs small fee differences for occasional trades. For frequent trading, compare costs directly.
Getting started
In the Webull app, apply for event trading. Once approved, browse the event contracts section, start with small positions, and read each market's settlement rules before you buy.
Who it suits
Webull suits existing Webull customers who want economic, crypto or football contracts without opening another account. Traders who want Kalshi's full market list or to post resting orders on the exchange should look at our Kalshi review and the full platform comparison. Current prices are on our economics markets page.
Where this can go wrong
- You can lose your whole stake on any contract that resolves against you.
- Fees on both sides: buying and selling before settlement can each carry a fee.
- Rules matter: contracts settle on their exact wording and data source, which may differ from the headline.
- State rules change: sports contracts are being challenged in several states, so availability can shift.
Frequently asked questions
Does Webull have prediction markets?
Yes. Webull offers Kalshi event contracts through Webull Futures LLC, covering economics, crypto and sports. You need to apply for event trading in the app.
How much does Webull charge for event contracts?
A 1¢ exchange fee plus a 1¢ firm fee per contract, charged when you open and when you close a position.
Is Webull prediction markets trading regulated?
Yes. Webull Futures is a CFTC-registered futures commission merchant, and the contracts are listed on Kalshi, a CFTC-registered exchange.