ForecastEx
- Company typePrivate
- Founded2024
- HeadquartersChicago, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
ForecastEx firmographics
Firmographics- Name
- ForecastEx
- Legal name
- ForecastEx, LLC
- Website
- https://forecastex.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
ForecastEx industry classification
Industry- Product category
- Prediction Markets Exchange
- NAICS
- Commodity Contracts Intermediation (523160), Securities and Commodity Exchanges (523210), Securities and Commodity Exchanges (52321), Securities and Commodity Exchanges (5232)
- SIC
- Commodity Contracts Brokers & Dealers (6221), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Prediction Markets & Event Derivatives (Crypto) (FSADAGAG)
- akta.pro secondary industries
- OTC Derivatives CCPs (Swaps) (FSAFAFAB), Listed Derivatives CCPs (Futures & Options) (FSAFAFAA)
Keywords
Where ForecastEx is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Markets served
ForecastEx business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Transaction Fees: ForecastEx charges a flat $0.01 per contract transaction fee, charged to each side at execution. This is the primary revenue stream for the platform. With a transaction fee structure that is applied uniformly across all contracts and participants, revenue scales with trading volume.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Flat per-contract fee model with no tiers |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
ForecastEx product offering
Product offeringCore offering
ForecastEx operates a CFTC-regulated Designated Contract Market (DCM) and Derivative Clearing Organization (DCO) where users trade Forecast Contracts — binary yes/no event contracts priced $0.01–$0.99 that settle at $1.00 or $0.00 based on whether predicted economic, political, climate, or financial-market events occur. The exchange offers 24x7x365 trading with full collateralization and monthly incentive coupons paying interest on member collateral.
Product overview
ForecastEx operates a CFTC-regulated prediction market exchange offering Forecast Contracts—binary yes/no instruments that allow traders to speculate on the probability of future events. The core product is the Forecast Contracts platform, which spans multiple market categories including US economic indicators (Jobless Claims, Unemployment Rate, Retail Sales, Building Permits, Payroll Employment, CPI, Fed Funds Rate, Housing Starts, GDP, Corporate Profits, National Debt), environmental/climate events (Global Temperature, US temperatures), political elections (Senate, House, Gubernatorial, Presidential), and financial markets (cryptocurrency prices, precious metals, index futures). Contracts are available in weekly, monthly, quarterly, and yearly maturities. The platform provides ancillary data products for market analysis and is distributed through member FCMs including Interactive Brokers and Robinhood.
Differentiator
Problem solved
Functional benefit
Products and services
- Forecast Contracts Binary yes/no prediction contracts priced between $0.01 and $0.99 that pay $1.00 if the predicted event occurs or $0 if it does not. Contracts cover economic indicators, elections, climate events, and financial markets, with maturities ranging from weekly to yearly. Each contract's payment obligation is fully secured by cash collateral, and members earn monthly Incentive Coupons on collateral regardless of settlement outcome.
- Market Data (Daily Pairs, Prices, and Summary) Daily and intraday CSV data files providing trading data for Forecast Contracts: Pairs (daily pairs data refreshed every 10 minutes), Prices (daily closing prices for all events), and Summary (daily summary of trading activity by product including product details and total pairs). Available via data download endpoints.
- US Economic Indicator Markets Prediction markets for US economic data including Initial Jobless Claims (IJC), Unemployment Rate (UNR), Retail Sales (RSM), Building Permits (BPMI), Payroll Employment (PREMP), Consumer Price Index (CPIY), Fed Funds Target Rate (FF), Housing Starts (HS), Real Gross Domestic Product (RGDP), Corporate Profits (CP), and National Debt (ND).
- Environmental and Climate Markets Prediction markets for environmental and climate events including Global Temperature (GT) contracts, US National Temperature (UST), and daily high/low temperature forecasts for major US cities.
- Election Markets Prediction markets for political elections including US Senate and House races, state gubernatorial elections, and presidential contest markets.
- Financial Markets Contracts Prediction markets for financial instruments including Bitcoin Price (CFBTC), Ethereum Price (CFETH), Solana Price (CFSOL), XRP Price (CFXRP), Gold Price (METLG), S&P 500 Futures Price (FES), and Nasdaq 100 Futures Price (FNQ).
Quantifiable outcome
- Interest earned on collateral at approximately 4% annualized rate is fully passed back to members as monthly Incentive Coupons
- +2 more outcomes
Companies that use ForecastEx
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
ForecastEx technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
ForecastEx partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Dr. Philip TetlockcoreDr. Philip Tetlock, renowned for his expertise in forecasting and probability-based judgment (author of 'Superforecasting'), was appointed to ForecastEx's Board of Directors in January 2026. He is expected to strengthen governance and contribute expertise relevant to market integrity and risk management, supporting ForecastEx's goal of enhancing its prediction market model.
- Connamara TechnologiescoreConnamara Technologies provides the EP3 exchange and clearing platform that powers ForecastEx, along with 11 other exchanges and 3 clearinghouses globally. EP3 offers end-to-end exchange and clearing functionality with 24x7x365 trading capability across diverse asset classes.
- Robinhood FuturescoreRobinhood offers ForecastEx Forecast Contracts through its platform, enabling retail traders to access prediction markets. Robinhood partnered with Kalshi expecting $300M in annual revenue from prediction markets, and has also integrated ForecastEx contracts. Robinhood has restricted some prediction markets over insider trading concerns.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
ForecastEx competitors and assessment
Company assessmentEmerging players
- PredictIt: PredictIt is an academic-affiliated, CFTC no-action-letter prediction market focused primarily on political and economic events. It targets similar event categories as ForecastEx (elections, economic indicators) but at smaller scale and with more limited regulatory scope.
- Augur: Augur is a decentralized, blockchain-based prediction market protocol offering peer-to-peer event contracts. It overlaps thematically with ForecastEx's prediction-market category but competes from an unregulated crypto-DeFi angle rather than a regulated US DCM/DCO.
- Robinhood Markets: Robinhood (via Robinhood Futures) is both a ForecastEx distribution partner and a competitor through its separately announced Kalshi partnership reportedly targeting $300M in prediction-market revenue. It represents the largest US retail broker push into event contracts and a partial overlap with ForecastEx's target market.
Broad incumbents
- IG Group: IG Group is a large UK-listed multi-asset broker offering CFDs, spread betting, and exchange-traded derivatives across thousands of markets. It is a broad incumbent in retail derivatives distribution and a potential white-label or FCM partner comparable to ForecastEx's distribution model.
- CME Group: CME Group is the largest US derivatives exchange operator, offering listed futures and options on rates, equities, FX, commodities, and (since the Kalshi/IBKR aggregator) crypto and event products. CME is a broad incumbent whose event-derivative aspirations overlap with ForecastEx's product set and is co-listed in the IBKR unified platform.
- Betfair Exchange (Flutter): Betfair is the world's largest sports betting exchange, operating a peer-to-peer model conceptually similar to ForecastEx's no-market-maker structure. While focused on sports globally, it represents a broad-incumbent comparable for exchange-based event outcome trading at scale.
Others
- Interactive Brokers: Interactive Brokers is the parent company of ForecastEx and its primary distribution channel, providing customer onboarding, margin, and best-execution routing to the ForecastEx platform. While not a peer in the competitive sense, IBKR's broader brokerage business defines the customer base ForecastEx serves.
Direct peers
- Kalshi: Kalshi is the leading US CFTC-regulated Designated Contract Market for event contracts, offering binary yes/no contracts on economics, elections, climate, and (increasingly) sports. It is ForecastEx's closest direct competitor and is co-listed alongside ForecastEx in Interactive Brokers' unified prediction markets platform.
- Polymarket: Polymarket is the largest crypto-based prediction market, offering event contracts on politics, economics, and culture with deep liquidity. It is a direct competitor in the prediction-market category but operates outside US regulated venues, which is precisely the regulatory gap ForecastEx is positioned to exploit.
- Sporttrade: Sporttrade is a CFTC-regulated DCM built specifically for sports event contracts, operating as a true exchange with maker/taker liquidity. It overlaps directly with ForecastEx's sports-adjacent contracts (e.g., election-linked events, financial-market outcomes) and competes for the same regulated retail flow.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
ForecastEx social profiles
Digital presenceForecastEx compliance and trust
Trust signalCompliance2 records
ForecastEx financial estimates
Financial estimateRevenue estimate
Valuation estimate
ForecastEx leadership team
Management profileNumber of profiles
Profiles2 records
ForecastEx funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ForecastEx M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ForecastEx
What does ForecastEx do?
ForecastEx operates a CFTC-regulated Designated Contract Market (DCM) and Derivative Clearing Organization (DCO) where users trade Forecast Contracts — binary yes/no event contracts priced $0.01–$0.99 that settle at $1.00 or $0.00 based on whether predicted economic, political, climate, or financial-market events occur. The exchange offers 24x7x365 trading with full collateralization and monthly incentive coupons paying interest on member collateral.
Is ForecastEx a public or private company?
ForecastEx is a private company. It is classified as corporate owned and is currently operating.
When was ForecastEx founded?
ForecastEx was founded in 2024. It employs 1 to 10 people.
Where is ForecastEx based?
ForecastEx is headquartered in Chicago, United States, in the North America region.
How does ForecastEx make money?
One revenue line is on record: transaction Fees.
Who are ForecastEx's main competitors?
Emerging players on record are PredictIt, Augur and Robinhood Markets. Broad incumbents are IG Group, CME Group and Betfair Exchange (Flutter). Interactive Brokers is listed as an others. Direct peers are Kalshi, Polymarket and Sporttrade.
Does ForecastEx have an API?
No public API is recorded for ForecastEx.
What industry is ForecastEx in?
ForecastEx's product category is Prediction Markets Exchange. Its primary akta.pro industry code is FSADAGAG, Prediction Markets & Event Derivatives (Crypto), with a secondary code of FSAFAFAB, OTC Derivatives CCPs (Swaps). Its NAICS code is 523160 and its SIC code is 6221.