# tastytrade Prediction Markets

Kalshi's macro, index, commodity and crypto contracts inside a tastytrade account.

*https://predictionmarkets.tools/tools/tastytrade-prediction-markets · Prediction Market Venues*

## Facts

### At a glance

| Field | Value |
| --- | --- |
| Vendor | tastytrade |
| Category | Prediction Market Venues |
| Job | brokered_access |
| Website | https://tastytrade.com/prediction-markets/ |
| Pricing model | commission |
| Free tier | false |
| Open source | false |
| Licence | none |
| Self-hosted | false |
| Tested hands-on | no |
| Claimed by vendor | no |
| Last updated | 2026-10-23 |

### Availability

| Field | Value |
| --- | --- |
| Jurisdictions | us |
| Open to US persons | true |
| KYC required | true |

### Markets

| Field | Value |
| --- | --- |
| Subjects | macro, crypto, business |
| Settlement | cash |
| Resolved by | None of its own — tastytrade is the broker and Apex Clearing the futures commission merchant; every contract settles under KalshiEX's rules and the source Kalshi names for that market. |

### Economics

| Field | Value |
| --- | --- |
| Taker fee | 2 |
| Maker fee | 2 |
| Liquidity model | clob |
| Platforms | web, ios, android |
| AI features | none |

### Interfaces

| Field | Value |
| --- | --- |
| API | false |
| WebSocket | false |
| Scripting | none |
| Python | false |
| MCP server | false |
| Export | none |

### Capabilities

Yes: live_trading, portfolio_tracking

No: charting, screening, order_book, backtesting, automation, paper_trading, calibration_scoring, cross_venue, alerts, news, tax_reporting, copy_trading

*Verified: pricing 2026-10-23; availability 2026-10-23; economics 2026-10-23; markets 2026-10-23; capabilities 2026-10-23.*

## What it is

tastytrade Prediction Markets puts event contracts on a **Predict** screen inside the tastytrade
web platform and mobile app, beside the stocks, options and futures the same customer already
trades there. It launched on **27 July 2026**, by tastytrade's release, which describes it as
"powered by Apex Fintech Solutions" and tastytrade as "the first brokerage to launch on Apex's
turnkey FCM infrastructure".

**Three parties sit behind the button:**

- **tastytrade, Inc.**, the broker you deal with: a FINRA, SIPC and NFA member owned by IG Group.
- **Apex Clearing Corporation**, the futures commission merchant. tastytrade's prediction markets
  page says the markets "are offered through Apex" and that event contract accounts are segregated
  by Apex Clearing Corporation and not protected by SIPC, and the event contracts risk disclosure it
  links is Apex's own document.
- **KalshiEX**, the exchange. tastytrade's guide to the product tells you to click "Enable Kalshi
  Event Contracts", and Apex's release of 13 August 2026 describes its service as letting firms run
  "Kalshi-powered prediction markets", with tastytrade the first firm live on it. The prediction
  markets page itself does not name the exchange.

The product is sold to people who already hold a tastytrade account, and it is not sold any other
way: there is no separate event-contract signup.

## Availability

**An existing individual tastytrade account, in the US.** tastytrade's guide lists the requirements
as an individual margin or individual cash account with event contracts enabled; IRAs are excluded.
Enabling takes three steps — a trading-objective confirmation, an industry-affiliation disclosure
and an agreement — and approval. The same guide warns that "event contract availability may be
restricted in certain jurisdictions due to state or federal regulations" and that eligibility is
shown during enablement. No list of states is published, and nothing on the page says whether an
account held by a non-US resident can enable them; the jurisdiction field claims the US only.
Kalshi's own state-by-state position applies on top, through the exchange. Read 2026-10-23.

Apex's disclosure in the launch release warns that state or federal action, including enforcement,
could halt trading, force liquidations or cancel positions at short notice.

## Pricing

**No commission, two pass-through fees, $0.02 a contract per trade.** The Commissions and Fees
schedule, last updated 30 July 2026, lists event contracts at "$0.00 commission to open" and "$0.00
commission to close", then: "All event contract trades incur a clearing fee of $0.01 per contract +
regulatory and exchange fees of $0.01 per contract." The fee table repeats both lines at $0.01.

So every trade costs 2 cents a contract, opening and closing, whatever the price and whether the
order rested or took liquidity, which is why both fee fields read 2. Holding to settlement pays it
once; selling before pays it twice. A flat fee is cheap on dear contracts and dear on cheap ones: on
a 10-cent contract it is a fifth of the price. Against an account at [Kalshi](https://predictionmarkets.tools/tools/kalshi)
itself, whose taker fee peaks at 1.75 cents a contract at 50 cents and falls towards the edges, and
whose card records no maker fee, tastytrade costs a little more for a taker in the middle of the
range, much more at the extremes, and 2 cents more for an order that rests.

tastytrade reserves the right to pass through other third-party fees without notice. No deposit or
withdrawal fee specific to event contracts is listed.

## Markets & resolution

The catalogue is built around what tastytrade's customers already trade:

- **commodities** — WTI and Brent crude, natural gas, gold, silver, copper;
- **crypto** — Bitcoin, Ethereum, Solana, XRP and Dogecoin (the launch release named the first
  four);
- **US economics** — CPI and core CPI, PCE, nonfarm payrolls, unemployment, FOMC decisions, GDP,
  PPI, retail sales, ISM manufacturing and services;
- **international economics** — ECB, Bank of England and Bank of Japan rate decisions;
- **financials** — S&P 500 hourly, daily and weekly closes, Nasdaq-100, Dow Jones, Russell 2000, two-
  and ten-year Treasury yields, the VIX close and the dollar index.

There is no sports, politics or culture market. Contracts run from hourly to yearly and trade
around the clock.

tastytrade resolves nothing. Each contract is a KalshiEX contract settling under Kalshi's rulebook
against the source Kalshi's market rules name, and Apex's risk disclosure adds that event contracts
are exchange-specific and cannot be offset on another venue. Orders come in three types: market, a
dollar amount converted to an estimated quantity, and limit, with partial fills possible.

## Integrations

None for event contracts. tastytrade publishes a trading API and an MCP server for its brokerage,
but its developer documentation index, read on 23 October 2026, has no event-contract endpoints, so
the interface flags on this card are off. The desktop platform hands event-contract trading off to
the web platform.

## Limitations

- **Only for tastytrade customers.** The product is a feature of a brokerage account, not something
  you can open on its own, and IRAs are out.
- **A flat 2 cents a contract each way**, which is heavy on cheap contracts.
- **The prediction markets page does not name the exchange.** Kalshi is named in tastytrade's
  enablement guide and in Apex's release, not where most readers look.
- **No sports, politics or culture**, by design.
- **No API for event contracts**, although tastytrade has one for everything else.
- **No published state list.** Eligibility shows up during enablement.
- **Nobody here has funded an account.** Everything above is read from tastytrade's prediction
  markets page, guide, fee schedule and release, Apex's releases and Apex's event contracts risk
  disclosure, on 23 October 2026.

## Alternatives

[Kalshi](https://predictionmarkets.tools/tools/kalshi) direct has the same contracts, the full market list and an API.
[Webull](https://predictionmarkets.tools/tools/webull-prediction-markets) and [Robinhood](https://predictionmarkets.tools/tools/robinhood-prediction-markets) are
the other brokerage apps reselling Kalshi's book with fees of their own; the
[Kalshi-through-a-broker head-to-head](https://predictionmarkets.tools/compare/kalshi-through-a-broker) puts their fee layers side
by side. [ForecastEx](https://predictionmarkets.tools/tools/forecastex) is the other macro-only exchange reached through a broker.

## FAQ

### Which exchange are tastytrade's event contracts on?

Kalshi. tastytrade's own guide tells you to click "Enable Kalshi Event Contracts" in Trading Preferences, and Apex Fintech Solutions, whose Apex Clearing subsidiary is the futures commission merchant, describes the product as Kalshi-powered prediction markets with tastytrade as the first firm live on it.

### What does a tastytrade event contract cost?

No commission. Every trade pays a $0.01 clearing fee plus $0.01 in regulatory and exchange fees per contract, so $0.02 a contract to open and $0.02 to close, at any price. That is 2¢ a contract at 50¢, or 2% of the $1 payout.

### Do I need a tastytrade brokerage account?

Yes. Event contracts are enabled on an existing individual margin or individual cash account through Trading Preferences, after a trading-objective question, an industry-affiliation disclosure and an agreement. They are not available in IRAs, and the positions sit in a segregated account at Apex rather than in the securities account.

### Can I trade sports contracts on tastytrade?

No. The catalogue is commodities, crypto, US and international economic releases and central-bank decisions, and financial indicators such as index closes, Treasury yields, the VIX and the dollar index. tastytrade lists no sports, politics or culture markets.

## Background

- [Event contract or swap, and why the label decides the case](https://predictionmarkets.tools/guides/event-contract-vs-swap.md) — Whether an event contract is a swap under the Commodity Exchange Act decides whether a state may regulate it. Three circuits have read it, and they divide.
- [How a venue changes its rules, and where you can see it coming](https://predictionmarkets.tools/guides/how-a-venue-changes-its-rules.md) — A US exchange's rule changes wait ten business days in public; a fee under a dollar a contract need not. Broker fees and offshore terms change when posted.

- [How much one account may hold, and what happens past the line](https://predictionmarkets.tools/guides/how-much-one-account-may-hold.md) — Position limits and accountability levels sound alike and work differently. Where each venue draws the line, in which unit, and what happens past it.

## Also worth comparing

- [Coinbase Prediction Markets](https://predictionmarkets.tools/tools/coinbase-prediction-markets.md) — Kalshi's event contracts in the Coinbase app, via Coinbase's own FCM, in USD or USDC.
- [DraftKings Predictions](https://predictionmarkets.tools/tools/draftkings-predictions.md) — DraftKings' event-contract app, brokered by its own FCM onto DKeX, Crypto.com and CME.
- [Fanatics Markets](https://predictionmarkets.tools/tools/fanatics-markets.md) — Fanatics' event-contract app, an FCM in front of Crypto.com's exchange, in 22 states.
- [FanDuel Predicts](https://predictionmarkets.tools/tools/fanduel-predicts.md) — FanDuel's event-contract app, via an FCM co-owned with CME Group, onto CME and Crypto.com.
- [Lumina Markets](https://predictionmarkets.tools/tools/lumina-markets.md) — ForecastEx's economic, political and science contracts in an app of their own, no sports.
- [moomoo Prediction Markets](https://predictionmarkets.tools/tools/moomoo-prediction-markets.md) — Kalshi's event contracts inside a moomoo margin account, with order entry through its API.