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Chalkboard vs ProphetX

Side-by-side comparison of fees, regulation, markets and offers — updated for 2026.

Comparison data current as of: August 25, 2026

TL;DR

Chalkboard vs ProphetX: who wins for US traders in 2026?

Winner: ProphetX (91/100). ProphetX beats Chalkboard primarily because prophetx spent years as a state-licensed exchange and then a sweepstakes product before the cftc approved it in june 2026 as both a designated contract market and a derivatives clearing organization — the first sports-native exchange in the us allowed to list and clear its own contracts.

Reviewed by PredictionRanks Editorial Team.

Metric

Chalkboard

Score 68/100

ProphetX

Score 91/100

Regulator

Sweepstakes (state law)

CFTC (DCM + DCO, approved June 11, 2026)

Available Markets

Sports + Culture

Sports only — NFL, NBA, MLB, NHL, college, soccer

Sports Contracts

✓

✓

Fees / Commission

Sweepstakes dual-currency

Transparent commission per trade, no house margin

Min Deposit

Varies

$10

Mobile App

✓

✓

Crypto Deposits

✗

✗

Promo Offer

New user welcome offer

Trade $50, get $75 with code RANKPREDICTS

Our Verdict

Sports + culture in one app.

Sports-only CFTC exchange with peer-to-peer pricing and nationwide access.

Editorial winner

ProphetX wins this matchup

Score 91/100 · Trade $50, Get $75!

Start Trading on ProphetX

Disclosure: We have an affiliate relationship with ProphetX. We do not have an affiliate relationship with Chalkboard. All reviews are independent of commercial relationships.

Frequently asked questions

Is Chalkboard or ProphetX better for US traders in 2026?

ProphetX edges out Chalkboard with an editorial score of 91/100 vs 68/100. ProphetX spent years as a state-licensed exchange and then a sweepstakes product before the CFTC approved it in June 2026 as both a Designated Contract Market and a Derivatives Clearing Organization — the first sports-native exchange in the US allowed to list and clear its own contracts.

What are the fees on Chalkboard vs ProphetX?

Chalkboard charges Sweepstakes dual-currency. ProphetX charges Transparent commission per trade, no house margin.

Which is more regulated, Chalkboard or ProphetX?

Chalkboard operates under Sweepstakes (state law). ProphetX operates under CFTC (DCM + DCO, approved June 11, 2026).

What's the minimum deposit on Chalkboard compared to ProphetX?

Chalkboard: Varies. ProphetX: $10.