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Novig vs Robinhood

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

Novig · Deposit $10 Get $50 in Trade Credits!

21+ · T&Cs apply

Restrictions & requirements apply. Not available in all states. 21+. Event contract trading involves risk & is not appropriate for all. Consider if it's appropriate for you in light of financial circumstances. See novig.com/terms for information.

We earn a commission · Disclosure

Comparison data current as of: August 25, 2026

TL;DR

Novig vs Robinhood: who wins for US traders in 2026?

No score winner yet: Novig is being re-tested after its August 4, 2026 relaunch. Robinhood scores 87/100.

Reviewed by PredictionRanks Editorial Team.

Novig · Deposit $10 Get $50 in Trade Credits!

RANKPREDICTS

Claim on Novig (opens in a new tab)

Restrictions & requirements apply. Not available in all states. 21+. Event contract trading involves risk & is not appropriate for all. Consider if it's appropriate for you in light of financial circumstances. See novig.com/terms for information.

Last checked October 27, 2026

Metric

Novig

Being re-tested

Robinhood

Score 87/100

Regulator

CFTC-designated exchange (Ludlow Exchange, LLC)

CFTC via MIAXdx (own exchange Rothera, 2026)

Available Markets

Sports (NFL, NBA, MLB, NHL, NCAA, UFC, EPL)

Sports, Macro, Elections

Sports Contracts

✓

✓

Fees / Commission

Free on pre-game straight trades; taker fee on live trades, futures and parlays

$0 commission

Min Deposit

$10 for the welcome offer

$0

Mobile App

✓

✓

Crypto Deposits

✗

✓

Promo Offer

Deposit $10, get $50 in trade credits (code RANKPREDICTS)

See current offer →

Our Verdict

Lowest transaction cost in sports.

Easiest entry point for US traders.

Our verdict

No winner yet

Novig is being re-tested · Up to $200 reward stock

Try Kalshi instead (opens in a new tab)

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

Frequently asked questions

Is Novig or Robinhood better for US traders in 2026?

We can't say yet. Novig is being re-tested after its August 4, 2026 relaunch. Robinhood scores 87/100 in our review.

What are the fees on Novig vs Robinhood?

Novig's pre-game straight trades are free; live trades, futures and parlays carry a taker fee that depends on the price. Orders that rest on the book pay nothing on Novig. Robinhood charges $0 commission.

Which is more regulated, Novig or Robinhood?

Novig operates as a CFTC-designated exchange (Ludlow Exchange, LLC, since June 16, 2026). Robinhood operates under CFTC via MIAXdx (own exchange Rothera, 2026).

What's the minimum deposit on Novig compared to Robinhood?

Novig: $10 for the welcome offer. Robinhood: $0.