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ProphetX review

Updated September 28, 2026 · WagerCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

ProphetX runs as a US sports trading exchange under ProphetX LLC, with a $10 entry point and markets limited to sports. It suits adults in US who prefer to buy and sell positions rather than place fixed sportsbook bets, and who read the fee terms before funding an account.

Key facts

Best for
US adults who want an exchange style sports market with a $10 minimum deposit.
Regulators
US Commodity Futures Trading Commission (CFTC) - Designated Contract Market, US Commodity Futures Trading Commission (CFTC) - Derivatives Clearing Organization↗
Minimum deposit
$10↗
Sportsbook type
Dfs↗
Legal entity
ProphetX LLC↗
Headquarters
United States↗
Founded
2018↗
Support channels
Email, Phone, Help-centre, Community↗
Features
Mobile app
Pricing model
Welcome bonus
Official website
prophetx.co

Prediction markets

Fee model
2% trading fee on net gains per market (winnings only); parlay contracts charged a per-contract taker fee with $0.01 minimum↗
States
US↗
Market types
Sports↗

Facts checked September 26, 2026, 6 sources

Apps and profiles

Get the app
App Store
Elsewhere
X

Pros and cons

Pros

  • Operating since 2018 and headquartered in the United States, with the legal entity listed as ProphetX LLC.
  • A mobile app is part of the offering, with mobile app listed for phone betting.
  • Support runs through email, phone and help centre, covering phone, email, a help centre and a community board.
  • A $10 minimum deposit keeps the entry point within reach of a small first stake.

Cons

  • Trading covers sports markets only, so there is no esports, politics or crypto price content.
  • A trading fee applies to net gains in each market, and parlay contracts add a per-contract taker fee with a minimum charge.
  • The $10 minimum deposit sits above the €8.77 median across the sites compared here.
ProphetX

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Scored 9.1 / 10 by WagerCue.

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Who it suits

  • Adults in US who want to buy and sell sports positions rather than take fixed sportsbook prices.
  • Traders comfortable reading a fee model that takes a cut of net gains and a per-contract taker fee on parlays.
  • Anyone who wants support across email, phone and help centre and a mobile app for account management.

Who should look elsewhere

  • Bettors after esports or prediction markets, since the venue covers sports.
  • Anyone outside US, where accounts are not offered.
  • Readers who want a fixed sportsbook price on every market rather than traded positions.

How ProphetX compares

Frequently asked questions

What is the minimum deposit at ProphetX?+

The minimum deposit is $10. Across the sites compared here, €8.77 is the median and €11.62 is the upper quartile, so ProphetX sits in the middle of the range rather than at its floor.

What fees does ProphetX charge?+

Trading is charged a fee on net gains in each market rather than on the stake itself, and parlay contracts add a per-contract taker fee with a minimum charge. Because the cut applies to gains rather than to what you put in, the terms are worth reading before any deposit.

What markets can be traded on ProphetX?+

The venue lists sports markets, so the focus is sporting events rather than esports, politics or crypto prices. Positions are bought and sold, which suits people who would rather set their own stake and price than accept a quoted one.

Is there a mobile app for ProphetX?+

Yes, a mobile app is listed under mobile app, so accounts can be managed from a phone as well as the desktop lobby. Mobile apps are common among the sportsbooks compared, where 64% of them offer one.

Who can open a ProphetX account?+

The brand serves US and is headquartered in the United States. It has been trading since 2018 under the name ProphetX LLC, and anyone living outside that market would need to check local rules first.

How do you get help at ProphetX?+

Support runs through email, phone and help centre, so a phone call or email sits alongside the help centre and the community board. Live chat is the most common channel across the sites compared, listed for 60.8% of them.

Does ProphetX offer a welcome bonus?+

The offer model is listed as a welcome bonus, so the sign up reward is the main promotional hook. Its terms, including any wagering condition, sit with the offer rather than with the trading fee, so read both before funding an account.

Sources

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Welcome offer, Withdrawal time, Payment methods.

ProphetX

ProphetX

US adults who want an exchange style sports market with a $10 minimum deposit.

9.1/10See alternatives