How ForecastEx Works
As things stand currently, you’ll need to open an account with Robinhood, or Interactive Brokers to access and trade ForecastEx prediction markets. On either of those platforms you’ll find event contracts for topics related to economics, elections, government, and climate. It’s also worth telling you right away that ForecastEx describes this style of trading as ‘Forecast Contracts’.
What Are Forecast Contracts at ForecastEx?
As touched upon already, one of the first things you will notice is that ForecastEx describes its prediction markets as “Forecast Contracts”. However, they are fundamentally no different to the event contracts you would access using a prediction markets promo code at ProphetX, or the contracts available on any other prediction markets platform.
Each Forecast Contract is a binary contract, meaning that it only has two outcomes. Uniquely, all ForecastEx event contracts are based on questions phrased in such a way that they only have Yes/No outcomes.
A Live Forecast Contract Example
A current contract at ForecastEx asks the following question:
“Will Harvard tuition exceed $65,000 in 2026?”
The current probabilities stand at 2% Yes, and 98% No. This particular event ends on 9 December 2026 and at the time of writing, 37,189 contracts have been purchased. Eight related contracts with different $ values were also available.
While the probabilities remain the same you could purchase a Yes contract for $0.02, and a No contract would cost $0.98. The event will resolve using data provided by the National Center for Education Statistics, at which point successful contracts will be paid out at $1.00, and unsuccessful contracts receive zero.
ForecastEx Doesn’t Offer Forecast Contracts For Sports
It is worth pointing out at this stage that you won’t find any sports events listed at ForecastEx, but every brand has its own ideas about what works for its target audience. For example, if you were to check out the Novig prediction markets promo code, you would see that only sports event contracts are on offer, but at most sites there’s more of a balance of categories.
ForecastEx is a Regulated and Valid Platform
ForecastEx LLC operates as a CFTC-regulated Designated Contract Market (DCM) and Derivative Clearing Organization (DCO). As such, ForecastEx provides and displays prediction markets, but does not offer the opportunity to trade event contracts on its platform (more on that later in this review).
The other notable thing about ForecastEx is that the brand is a standalone subsidiary of Interactive Brokers (IBKR). In essence, ForecastEx was created to act as an intermediary between the Futures Commission Merchants (FCMs) who provide liquidity as Market Makers, and IBKR, or Robinhood as the designated Brokers.
Is There A ForecastEx Prediction Markets App?
The straight answer here is none. They don’t currently offer a downloadable app but you may be able to access their platform through your mobile browsers.
The ForecastEx website is professional and minimalistic, with a basic blue and white theme. You’ll find all of the main information about the brand and trading Forecast Contracts by scrolling through the homepage.
The top menu lists Markets, Data, About, Membership, and Regulatory. Below is a brief overview of each:
Markets
The available Forecast Contracts are split into several categories which largely cover politics, economics, and climate. Notably, you won’t find any sports-related event contracts listed, as ForecastEx stopped offering them in May 2026.
Data
The data page provides full transparency about every Forecast Contract. It’s updated daily and there are downloadable spreadsheets which contain information about trading activity and event outcomes.
About
The ForecastEx about tab contains four options: About ForecastEx, How Forecast Contracts work, FAQs, and Contact. These are all fairly self-explanatory, and extend the overviews provided on the homepage.
Membership
Becoming a Member of ForecastEx isn’t anything like using a PredictIt prediction market promo code, or similar. Membership is only suited to professional trading companies which can benefit from an alliance with the brand. As such it isn’t at all relevant to those of you who simply want to trade event contracts.
Regulatory
Although publicly viewable, the Regulatory page is largely concerned with providing information for ForecastEx Members, rather than retail traders.
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Trade prediction markets with ForecastEx on mobile
No Bonuses For Retail Traders at ForecastEx
Circling back to an earlier part of this review, which explained that you cannot trade directly on the ForecastEx platform, for that same reason there are no promotions offered for retail traders on the site either.
This is somewhat similar to how the ADI PredictStreet prediction market promo code for the 2026 World Cup could only be redeemed to trade selected event contracts via Fanatics, although that was just a temporary arrangement for the duration of the event.
At ForecastEx Promo Code, if you look at the top right of the homepage, rather than a ‘Sign up’ button, you will see ‘Find A Broker’. Clicking on it will take you to a page to choose a Broker that will allow you to trade Forecast Contracts.
The two options currently available are Interactive Brokers, and Robinhood. If you already have an account with either, you will already have access to Forecast Contracts, otherwise you will need to open one.
Broker-specific bonuses
Both Brokers offer a similar no deposit sign up offer which gives you $10 of site credit to trade event contracts. There is no prediction market promo code for Interactive Brokers, or Robinhood currently. You’ll just need to register an account, and pass KYC verification in order to collect your bonus.
You may also find some ongoing promotions available. For example, Interactive Brokers has a referral bonus. It’s quite similar to the offer available when you use a Kalshi referral code, which rewards both parties equally, and is specifically for event trading.
Conversely, where the Polymarket referral code provides a bonus that can be used to trade event contracts, the Robinhood equivalent is only relevant for traditional trading, as the rewards are provided as small quantities of stock.
Incentive Programs For ForecastEx Members only
If you were to explore every aspect of the ForecastEx website, you will come across some information under the Regulatory tab which describes two incentives relating to market liquidity, and references to Incentive Coupons and “earning interest”. These incentives are titled as follows:
- The ForecastEx Liquidity Incentive Program
- Market Maker Incentives
- Monthly Member Vouchers
ForecastEx membership is only available to individual trading companies, or FCMs (Futures Commission Merchants) or their nominees. Becoming a Member also requires making a substantial financial commitment which means it is not a viable option for everyday retail traders.
No Payment Options Provided at ForecastEx
Returning once again to the way that ForecastEx operates, the brand does not handle any type of payments on the platform. Deposits and payouts for successful Forecast Contracts are the responsibility of the Broker you choose to sign up with.
You may recall that the Data tab on the main menu was discussed earlier on in this ForecastEx review. Although the information contained there is not directly related to payments, it’s still very relevant to event outcomes and payouts.
Whether you had an active position, or were simply following an event, if you miss the closing stages or wish to check how the event resolved, the Data section is the place to go. There you’ll find the closing price, and a summary of every Forecast Contract, which becomes available to view within 10 minutes of resolution.
A Closer Look at the Forecast Contracts ForecastEx Provides
Begin your ForecastEx journey today
Explore various prediction markets at ForecastEx
It’s a little unfortunate that a good part of this ForecastEx review has been about what you can’t do on the site, rather than exploring the prediction markets themselves. Although an example was detailed earlier, there is much more to find out about.
As mentioned in an earlier overview of the ForecastEx website, all of the prediction markets available are displayed logically under the Markets tab on the top menu. Where applicable, the available Forecast Contracts are displayed 12 per page, although not all of the categories are well populated. You can select All Markets, or filter by these options:
Conditional
This category is sparsely populated, and it’s quite understandable why that’s the case. During this ForecastEx review there were five events listed, which all have fairly lengthy If-based questions posed in order to make the answer Yes or No. Like this one:
“If the Republican Party wins a United States Senate majority in the 2026 general election, will the Mar-27 S&P 500 Index Futures settle above $8,000 on December 31, 2026?”
Current probabilities: No buyers currently
Economic Indicators
A far more prominent category with 16 pages of Forecast Contracts (192 in total at the time of writing). The questions here are more straightforward and are sure to resonate with more traders. This one for example:
“Will US retail sales for sporting goods, hobby, musical instrument, and book stores exceed 7,800 million dollars in December 2026?”
Current probabilities: Yes 75%, No 25%
Elections
This is a huge Forecast Contracts category that’s entirely dedicated to minor and major US elections. There are 51 pages of events to work through in total and here’s one of them:
“Will the Republican Party win a US Senate Majority in the 2026 general election?”
Current probabilities: Yes 57%, No 43%
Environment
Interestingly, this prediction market category would be better described as ‘Climate’. All of the eight pages of events listed here relate to various weather conditions like potential high temperatures, or extreme weather events. Here’s one for you:
“Will tropical storms in the Atlantic exceed 10 in 2026?”
Current probabilities: Yes 30%, No 70%
Financial Markets
If you are interested in cryptocurrencies, then this Forecast Contract category will have plenty of appeal, and as there are 84 price-related events listed you won’t be alone. You can predict the price of several popular cryptos, by answering questions like this:
“Will the lowest price of XRP fall below $0.8 in 2026?”
Current probabilities: Yes 19%, No 91%
Government
You may think that political events had already been covered, but this category goes beyond US events. Here you will find prediction markets relating to both US and global government policies. Here’s an interesting example:
“Will the European Commission's AI Office issue a formal notice of non-compliance to a provider of a "High-Risk AI System" on or before December 31, 2026?”
Current probabilities: Yes 33%, No 67%
Technology
Last but actually the category with the least current prediction markets on display at ForecastEx is Technology. There are just three events to predict the outcome of here, one of which is this one:
“Will Claude be the best AI at the end of December 2026?”
Current probabilities: Yes 57%, No 43%
Thoughts on the Forecast Contracts offered by ForecastEx
As mentioned much earlier in this ForecastEx review, the brand decided to stop offering sports-related events back in May 2026. This is entirely understandable given the changeable nature of US regulations relating to prediction markets in general, but especially those connected to sports.
Meanwhile other prediction market sites only offer those types of event contracts, so other options are out there. In fairness, the Forecast Contracts currently available at ForecastEx cover a good amount of different topics, which may well resonate with many retail traders.
However, it would still be nice to see some more light-hearted categories included in the future. With a vast percentage of US adults more informed about social media and reality TV shows than current political or economic news, an entertainment category would surely go down well.
Customer support at ForecastEx
There is no real reason why a retail trader would need to contact ForecastEx directly as the brand provides a good amount of valuable information on its website. This includes web pages and various PDF documents dedicated to specific aspects of platform operation, plus a comprehensive set of FAQs explaining how Forecast Contracts work.
Furthermore, account, or platform-related queries or issues would be the responsibility of the Broker site you opt to sign up with. Dealing with those would not be something that ForecastEx could address directly.
The Contact page, which can be accessed under the About tab, provides three email addresses for professionals to get in touch with the brand. The first is for general questions, the second is for Membership enquiries, and the third is only for media representatives.
ForecastEx review FAQs
Make the best possible use of the ForecastEx site
ForecastEx doesn’t have any type of welcome offer for new traders, and you can’t trade the brand’s signature Forecast Contracts on the site due to the way it operates. You won’t sign up with ForecastEx directly either, but you will have the choice of two excellent Brokers where all of the event contracts you’ve looked at are offered.
This is by no means a negative. ForecastEx has gone to a good deal of trouble to present a professional site where you can find all of the information you need, and to display every event contract available, complete with live updates. That alone makes the brand worthy of your attention, and you can take a look for yourself using the link you’ll see displayed on the banners of this page.
Alicia is a regular contributor to BettingUSA.com providing fresh insight and a factual take on current events within the gambling industry.