Novig 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
Novig vs ProphetX: who wins for US traders in 2026?
Winner: ProphetX (91/100). ProphetX beats Novig 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
NovigScore 72/100
ProphetXScore 91/100
Regulator
Sweepstakes (state law)
CFTC (DCM + DCO, approved June 11, 2026)
Available Markets
Sports (NFL, NBA, MLB, NHL, NCAA, UFC, EPL)
Sports only — NFL, NBA, MLB, NHL, college, soccer
Sports Contracts
✓
✓
Fees / Commission
Zero house edge (peer-to-peer)
Transparent commission per trade, no house margin
Min Deposit
$10 for the welcome offer
$10
Mobile App
✓
✓
Crypto Deposits
✗
✗
Promo Offer
Deposit $10, get $50 in trade credits (code RANKPREDICTS)
Trade $50, get $75 with code RANKPREDICTS
Our Verdict
Lowest transaction cost in sports.
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 ProphetXFrequently asked questions
Is Novig or ProphetX better for US traders in 2026?
ProphetX edges out Novig with an editorial score of 91/100 vs 72/100. 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 Novig vs ProphetX?
Novig charges Zero house edge (peer-to-peer). ProphetX charges Transparent commission per trade, no house margin.
Which is more regulated, Novig or ProphetX?
Novig operates as a CFTC-designated exchange (Ludlow Exchange, LLC, since June 16, 2026). ProphetX operates under CFTC (DCM + DCO, approved June 11, 2026).
What's the minimum deposit on Novig compared to ProphetX?
Novig: $10 for the welcome offer. ProphetX: $10.