Polymarket VS Robinhood
What this directory records about each, side by side: pricing tier and the fee note each points to, who can open an account, which markets and platforms each covers. Nothing here is scored or estimated — every cell is a field of the two tool records.
★ The verdict these records support
Choose Polymarket if
Free pricing · Polymarket coverage · on Web, iOS, Android
- › Crypto-native trading on Polygon: non-custodial, USDC collateral, settlement visible on-chain
- › Building on documented APIs: Gamma, CLOB and Data for the international venue, a public plus authenticated API for the US one
- › Trading from most countries outside the geoblock list without a brokerage account or USD bank rails
Choose Robinhood if
Freemium pricing · Robinhood coverage · on iOS, Android
- › Trading sports, election and economics contracts inside a US brokerage account you already use
- › Cheap trades at the price extremes: the probability-weighted commission shrinks toward 1c and 99c
- › Anyone who wants CFTC-regulated event contracts in USD without a crypto wallet or gas fees
First recorded difference that usually settles it: pricing tier — Polymarket records Free; Robinhood records Freemium. This page does not name a winner. The fee notes below carry the formulas, and what a given trade costs depends on that formula, the contract price and how many contracts are traded — not on the pricing tier.
- › Pricing tier: Polymarket records Free; Robinhood records Freemium.
- › Platforms: Polymarket records Web, iOS, Android; Robinhood records iOS, Android.
- › Eligibility: Polymarket records Two products with separate eligibility. polymarket.com is the international, crypto venue: signup is an email address or a self-custody wallet, and trading is closed to US IPs, which the geoblock documentation classes as close-only on both frontend and API, alongside a long restricted list that includes the UK, Germany, France, Australia, Brazil, Singapore, Thailand and four Canadian provinces, with OFAC-sanctioned countries blocked outright. polymarket.us is the US venue, operated by QCX LLC as a CFTC-designated contract market: US residents open an account in the app and must pass KYC (legal name, residential address, date of birth, phone, Social Security number, plus a government ID and selfie check if the automated check asks for more) before they can deposit or trade. Eligibility is not the same as legality: the geoblock endpoint is the operational test for the international venue, and state courts are still contesting the US product. Sources: Polymarket Documentation, 'Geographic Restrictions'; Polymarket US Documentation, 'Create an Account' and 'What is Polymarket US?'; checked 2026-10-21; Robinhood records US residents aged 18 or older, with an individual Robinhood brokerage account and a separately approved Robinhood Derivatives account, applied for inside the app. Event contracts are not available in all states: Maryland and Nevada residents cannot trade sports event contracts, and Michigan residents could not open new sports event contracts as of 9 September 2026. Robinhood says further state restrictions may apply and that the app holds the current list. Source: Robinhood Help Center, 'Event contracts overview', checked 2026-10-21.
- › Data and API access: Polymarket records Documented for both venues. The international stack at docs.polymarket.com is split into a Gamma API (gamma-api.polymarket.com) for events and market metadata, a CLOB API (clob.polymarket.com) for order-book reads and order placement, a Data API v2 for positions, activity and leaderboards, WebSocket streams for market and account events, and a geoblock endpoint that reports whether the caller's IP may trade. Public reads need no key; trading is signed by the account's signer key. Polymarket US has its own documented API at docs.polymarket.us: a keyless public gateway (gateway.polymarket.us) for markets, events and search, and an authenticated api.polymarket.us for orders, portfolio and balances with two WebSocket streams, keys issued through the app after identity verification. Sources: docs.polymarket.com, 'Overview' and 'Geographic Restrictions'; docs.polymarket.us, 'Introduction' and 'Authentication'; checked 2026-10-21; Robinhood records None published for event contracts. Robinhood's developer documentation at docs.robinhood.com covers the Robinhood Crypto Trading API only, and prediction markets can be traded in the mobile app only, so there is no documented endpoint for reading or placing event-contract orders. Sources: Robinhood Help Center, 'Trading event contracts'; docs.robinhood.com, checked 2026-10-21.
This page does not model what a trade costs, how much liquidity sits behind a market, or how many markets are open today. Those numbers change daily and belong to the venues; each pricing note below names the document it came from and the date it was read.
▸Field by field
| Field | Polymarket | Robinhood |
|---|---|---|
| Pricing tier | Free | Freemium |
| Access | Public | Public |
| Exchanges supported | Polymarket | Robinhood |
| Platforms | Web, iOS, Android | iOS, Android |
| Chain | Polygon | — |
| Status | active | active |
| Eligibility | Two products with separate eligibility. polymarket.com is the international, crypto venue: signup is an email address or a self-custody wallet, and trading is closed to US IPs, which the geoblock documentation classes as close-only on both frontend and API, alongside a long restricted list that includes the UK, Germany, France, Australia, Brazil, Singapore, Thailand and four Canadian provinces, with OFAC-sanctioned countries blocked outright. polymarket.us is the US venue, operated by QCX LLC as a CFTC-designated contract market: US residents open an account in the app and must pass KYC (legal name, residential address, date of birth, phone, Social Security number, plus a government ID and selfie check if the automated check asks for more) before they can deposit or trade. Eligibility is not the same as legality: the geoblock endpoint is the operational test for the international venue, and state courts are still contesting the US product. Sources: Polymarket Documentation, 'Geographic Restrictions'; Polymarket US Documentation, 'Create an Account' and 'What is Polymarket US?'; checked 2026-10-21. | US residents aged 18 or older, with an individual Robinhood brokerage account and a separately approved Robinhood Derivatives account, applied for inside the app. Event contracts are not available in all states: Maryland and Nevada residents cannot trade sports event contracts, and Michigan residents could not open new sports event contracts as of 9 September 2026. Robinhood says further state restrictions may apply and that the app holds the current list. Source: Robinhood Help Center, 'Event contracts overview', checked 2026-10-21. |
| Data and API access | Documented for both venues. The international stack at docs.polymarket.com is split into a Gamma API (gamma-api.polymarket.com) for events and market metadata, a CLOB API (clob.polymarket.com) for order-book reads and order placement, a Data API v2 for positions, activity and leaderboards, WebSocket streams for market and account events, and a geoblock endpoint that reports whether the caller's IP may trade. Public reads need no key; trading is signed by the account's signer key. Polymarket US has its own documented API at docs.polymarket.us: a keyless public gateway (gateway.polymarket.us) for markets, events and search, and an authenticated api.polymarket.us for orders, portfolio and balances with two WebSocket streams, keys issued through the app after identity verification. Sources: docs.polymarket.com, 'Overview' and 'Geographic Restrictions'; docs.polymarket.us, 'Introduction' and 'Authentication'; checked 2026-10-21. | None published for event contracts. Robinhood's developer documentation at docs.robinhood.com covers the Robinhood Crypto Trading API only, and prediction markets can be traded in the mobile app only, so there is no documented endpoint for reading or placing event-contract orders. Sources: Robinhood Help Center, 'Trading event contracts'; docs.robinhood.com, checked 2026-10-21. |
| Pricing notes (as recorded) | Free to use. Taker fees only, set by market category (0.04-0.07 on the p*(1-p) curve); makers pay nothing. No resolution fee. Verified 2026-10-21 against Polymarket's fee documentation. | Commission has been probability-weighted since 1 June 2026: k x p x (1 - p) x contracts, where k is 10% without Robinhood Gold or 5% with Gold (a $5 monthly subscription). Rounded up to the nearest $0.01 per trade and capped at $0.01 per contract, so the commission peaks near 50c and nearly vanishes at 1c and 99c. Partner exchanges charge their own fee on top, up to about $0.01 per contract, on both opening and closing trades. Source: Robinhood Help Center, 'Event contracts overview', checked 2026-10-21. |
| Record last verified | 2026-10-25 | 2026-10-23 |
A dash means this directory holds no entry for that field yet — not that the venue has no such rule. The records are written and dated by hand, not scraped, and each pricing note names its own source.
▸Both records in full
Polymarket
Decentralized prediction market on Polygon for real-world events.
A decentralized prediction market platform that enables individuals to speculate on the outcomes of future real-world events. Built on the Polygon blockchain, it offers transparent, peer-to-peer trading across politics, sports, and economics.
- › Crypto-native trading on Polygon: non-custodial, USDC collateral, settlement visible on-chain
- › Building on documented APIs: Gamma, CLOB and Data for the international venue, a public plus authenticated API for the US one
- › Trading from most countries outside the geoblock list without a brokerage account or USD bank rails
- › US residents who specifically want a CFTC-regulated, USD venue, which is what polymarket.us is
- – US traders who want polymarket.com: the international venue is close-only for US IPs and its API rejects orders from blocked regions
- – Privacy from KYC at the US venue: Polymarket US wants SSN, date of birth and a government ID before you can deposit
- – Anyone in a close-only jurisdiction such as the UK, Germany, France, Australia or much of Canada who wants to open new positions
Two products with separate eligibility. polymarket.com is the international, crypto venue: signup is an email address or a self-custody wallet, and trading is closed to US IPs, which the geoblock documentation classes as close-only on both frontend and API, alongside a long restricted list that includes the UK, Germany, France, Australia, Brazil, Singapore, Thailand and four Canadian provinces, with OFAC-sanctioned countries blocked outright. polymarket.us is the US venue, operated by QCX LLC as a CFTC-designated contract market: US residents open an account in the app and must pass KYC (legal name, residential address, date of birth, phone, Social Security number, plus a government ID and selfie check if the automated check asks for more) before they can deposit or trade. Eligibility is not the same as legality: the geoblock endpoint is the operational test for the international venue, and state courts are still contesting the US product. Sources: Polymarket Documentation, 'Geographic Restrictions'; Polymarket US Documentation, 'Create an Account' and 'What is Polymarket US?'; checked 2026-10-21.
Documented for both venues. The international stack at docs.polymarket.com is split into a Gamma API (gamma-api.polymarket.com) for events and market metadata, a CLOB API (clob.polymarket.com) for order-book reads and order placement, a Data API v2 for positions, activity and leaderboards, WebSocket streams for market and account events, and a geoblock endpoint that reports whether the caller's IP may trade. Public reads need no key; trading is signed by the account's signer key. Polymarket US has its own documented API at docs.polymarket.us: a keyless public gateway (gateway.polymarket.us) for markets, events and search, and an authenticated api.polymarket.us for orders, portfolio and balances with two WebSocket streams, keys issued through the app after identity verification. Sources: docs.polymarket.com, 'Overview' and 'Geographic Restrictions'; docs.polymarket.us, 'Introduction' and 'Authentication'; checked 2026-10-21.
Robinhood
Regulated US event contracts from Robinhood Derivatives, traded in the mobile app.
Robinhood sells binary Yes/No event contracts through Robinhood Derivatives, LLC, a CFTC-registered futures commission merchant that routes orders to CFTC-regulated exchanges: KalshiEX, ForecastEx, Rothera Exchange and Clearing, and the North American Derivatives Exchange, plus a selection of football contracts routed to Crypto.com and OG.com's exchange since 8 September 2026. The prediction markets hub opened on 17 March 2025 with a fed funds contract and the college basketball tournaments; pro and college football arrived on 19 August 2025. Contracts now span sports, politics and elections, economics and financial data, crypto, climate and weather, commodities and entertainment. Trading is mobile-app only and US-only, and needs a separately approved derivatives account.
- › Trading sports, election and economics contracts inside a US brokerage account you already use
- › Cheap trades at the price extremes: the probability-weighted commission shrinks toward 1c and 99c
- › Anyone who wants CFTC-regulated event contracts in USD without a crypto wallet or gas fees
- – Automation: no event-contract API is published
- – Desktop trading: the web version is view-only and Robinhood Legend does not carry event contracts
- – Order-book analysis: the app shows prices and volume, not full market depth
- – Traders outside the US
US residents aged 18 or older, with an individual Robinhood brokerage account and a separately approved Robinhood Derivatives account, applied for inside the app. Event contracts are not available in all states: Maryland and Nevada residents cannot trade sports event contracts, and Michigan residents could not open new sports event contracts as of 9 September 2026. Robinhood says further state restrictions may apply and that the app holds the current list. Source: Robinhood Help Center, 'Event contracts overview', checked 2026-10-21.
None published for event contracts. Robinhood's developer documentation at docs.robinhood.com covers the Robinhood Crypto Trading API only, and prediction markets can be traded in the mobile app only, so there is no documented endpoint for reading or placing event-contract orders. Sources: Robinhood Help Center, 'Trading event contracts'; docs.robinhood.com, checked 2026-10-21.
▸Where these records come from
| Tool | Official site | Record verified |
|---|---|---|
| Polymarket | https://polymarket.com | 2026-10-25 |
| Robinhood | https://robinhood.com/us/en/prediction-markets/ | 2026-10-23 |
Each profile carries the full citation list for its own claims. This page only restates what those records already say, so a correction belongs on the profile and reaches this page on the next build.
▸Keep reading
- › Kalshi vs Polymarket — another comparison on this site
- › Kalshi vs Robinhood — another comparison on this site
- › Best prediction market platforms — the dated edition, with a fee-comparable table
- › Every platform in the directory — Platforms category