ProphetX Promo Code SICOM: $20 Bonus in June 2026
- ProphetX promo code summary June 2026
- ProphetX promo code breakdown
- ProphetX promo code terms and conditions
- How to claim the ProphetX promo code
- What Is ProphetX? How does it work?
- Is ProphetX legal and legitimate?
- ProphetX promo code vs. other prediction markets
- What can you trade on ProphetX?
- What's trending on ProphetX
- ProphetX deposits, withdrawals, and banking
- ProphetX referral code
- ProphetX platform review
- ProphetX trading fees breakdown
- Latest ProphetX updates
- ProphetX promo code FAQ
The current ProphetX promo code is SICOM, which allows new users to claim a 'Trade $20, get $10' welcome bonus. ProphetX is now a federally regulated CFTC prediction market app, and I'll explain in detail how you can claim its welcome bonus to trade event contracts and create no-fee parlays across all major sports today.
ProphetX promo code summary June 2026
| #οΈβ£ ProphetX promo code | SICOM |
| π Welcome bonus | Trade $10, get $20 bonus |
| πΊπΈ ProphetX states | All states (excl. Nevada) |
| βοΈ Terms and conditions | 18+. New users only. A minimum deposit of $10 is required to qualify for the $20 ProphetX trading bonus. Must execute an initial trade of at least $10. |
| π± Mobile app | iOS and Android |
| β Last verified by SI | June 22, 2026 |
| β³ Offer expiry | Ongoing |
ProphetX promo code breakdown
New users can get immediate access and claim the ProphetX prediction market promo code today, as the site is now a fully approved and Commodity Futures Trading Commission (CFTC) regulated sports prediction market.
As a new user, input the ProphetX promo code SICOM when prompted, and your ProphetX trading bonus will be credited to your account after you complete all of the conditions of the offer.
ProphetX welcome offer: Trade $10, get $20
The ProphetX trading bonus is one of our top prediction market promos for event traders looking to speculate on sports outcomes. The prediction market platform features easy-to-read probabilities that display much like traditional sports betting odds.
To unlock the full $20 in bonuses available with the ProphetX promo code, all you'll need to do is settle a trade worth $10 or more. Note that the qualifying initial $10+ trade must occur in one transaction.
Example of a qualifying prediction market trade on ProphetX
I buy $10 worth of contracts on an MLB game total outcome for over 9.0 runs, at odds of +100 (or a 50% implied probability).
I'll be able to purchase 20 contracts for $10 based on those odds. If the outcome ends in my favor (more than 9 runs are scored), those contracts will pay out $1 each at final settlement, and I'll receive $20 back, for a profit of $10 (before fees).
If the game sees fewer than 9 runs scored, the outcome ends as a loss for me, and my contracts settle at $0, and I'll lose my entire stake.
However, once the outcome is finalized, my trading requirements for the ProphetX trading bonus will be met, as I have now settled a trade on ProphetX of $10 or more.
My entire $20 trading bonus will then be credited to my ProphetX account.
ProphetX promo code terms and conditions
You can claim $20 in trading bonuses with the ProphetX promo code SICOM just by signing up and completing your first trade of $10 or more.
The ProphetX welcome offer may not have the largest nominal value, but it is one of the easiest prediction market promos to claim and requires only a small upfront investment. The welcome offer is perfect for new traders in states like California or Texas, who don't have access to legal sports betting and are just starting out with prediction markets.
Claiming the welcome offer with the ProphetX promo code is a simple process, but you'll want to adhere to the key terms and conditions of the ProphetX welcome bonus, including:
- The ProphetX promo code is for new prediction market users who have not previously registered with the Exchange or any of its affiliates.
- To claim the bonus, you must correctly input the latest ProphetX code SICOM at registration.
- To claim the ProphetX promo code, you must be physically located in a legal ProphetX state.
- Account registration and Know Your Customer (KYC) identity verification are required before you can deposit and trade.
- A minimum deposit of $10 is required to qualify for the $20 ProphetX trading bonus.
- Users must execute an initial trade of at least $10.00 using funds from the Participant's account within 30 calendar days of account approval.
- The full qualifying initial trade of $10 or more must occur in one single transaction (one trade).
- ProphetX bonus funds or incentive Funds must be used for trading within 45 calendar days of being credited.
- The ProphetX welcome offer date ends after either 52 weeks from the start date or after 500,000 participants are successfully onboarded under the Program.
How to claim the ProphetX promo code
You can now trade event contracts on ProphetX, one of our top prediction market apps and a federally regulated prediction market platform where users can trade event contracts on sports outcomes.
Hereβs how to create your account and claim the ProphetX welcome offer in minutes today when you use the latest ProphetX promo code SICOM.
1. Register for an account
Go to ProphetX and select the Register button. Youβll be asked to enter basic personal details, including your name, address, date of birth, and the last four digits of your SSN.
Since ProphetX operates as a CFTC-regulated prediction market platform, identity verification is required when you sign up. Youβll also need a valid U.S. phone number, as ProphetX will send a 6-digit SMS code that youβll enter to verify it.
2. Claim the ProphetX promo code
During registration, you'll eventually come to a screen that asks for the promo code. Ensure you enter code: SICOM.
This ProphetX code qualifies eligible new users for the ProphetX prediction markets welcome offer.
3. Verify your identity
After signing up, ProphetX may ask you to verify your identity and address before you can access all the prediction market platform features.
You may need:
- A valid driverβs license or government-issued ID
- Proof of address, such as a bank statement, lease agreement, or recent utility bill
Document reviews are typically completed within 24 hours.
4. Fund your account
Once your account is verified, select an account-funding option shown in your ProphetX dashboard. These options include Aeropay (online banking) and Zerohash (crypto).
Choose your preferred payment method, then make your first eligible deposit of $10+. The welcome offer will credit you with $20 in bonus funds after you settle $10 worth of trades.
5. Trade prediction market contracts
After your account is funded, you can browse available prediction markets and trade event contracts. ProphetX allows users to take positions on sports outcomes, such as World Cup or MLB games, through a regulated, exchange-style platform.
To begin, find the event you want to trade on ProphetX, click it, and then locate the pricing options and order book within the event. Then confirm the amount you want to trade and the available prices before locking in your trade.
Ensure your initial trade is at least $10 to qualify for your $20 welcome bonus on ProphetX.
6. Withdraw eligible funds
After meeting any applicable promotional terms, including any required playthrough on bonus funds, eligible winnings can be withdrawn to your bank account.
The current options available on ProphetX for withdrawal include:
- Online banking with Aeropay
- Paper wheck
- Bank wire
What Is ProphetX? How does it work?
Itβs important to understand that ProphetX is not a sports betting site and now operates as a prediction market platform, federally regulated by the Commodity Futures Trading Commission (CFTC).
In ProphetX prediction markets, instead of betting against a house at set odds, users trade event contracts in a peer-to-peer marketplace, with ProphetX charging only a 2% trading fee on net gains per market for straight trades. Net gains for parlay trades are treated as zero-fee trades on Prophet X and charged 0%.
How to trade prediction markets on ProphetX
For example, imagine you believe Lionel Messi will score at least one goal in Argentina's World Cup match.
You could purchase $100 worth of contracts tied to that outcome (e.g., Messi to score 1+ goals - 'Yes') at any set price currently showing sufficient liquidity in the ProphetX marketplace.
For this example, a price of +122 is available.
If Messi scores a goal and the prediction resolves as 'Yes,' then the contract settles in your favor, earning you a profit.
$100 of contracts purchased at odds of +122 = $122 profit
$100 stake + $122 profit = $222 total return
If Messi fails to score a goal, the outcome settles not in your favor, and you'd lose your entire stake for a loss of $100.
Market orders vs. limit orders on ProphetX
One of ProphetXβs defining features is its peer-to-peer exchange-style model, which lets users place and fill trades with one another using limit and market orders. Through its Request for Quote (RFQ) system, users can set their own odds and post offers for others to accept within a fully displayed order book that shows up-to-date pricing and liquidity.
For instance, you could post an order for an Argentina 'To win (in 90 minutes)' contract at terms you find attractive by using the limit order function, and then wait for another trader to accept the other side of the deal.
Alternatively, if another user had already posted a price attractive enough for that trade and was willing to take the full amount of your request, you could fill your order instantly by using a market order.
Market Order: The fastest way to place a trade on ProphetX prediction markets. You don't choose the price or odds yourself; you enter only the amount you're willing to trade on the outcome, and it's automatically filled at the best available price.
β
Pros: Fast and generally has the best liquidity.
β Cons: Price can fluctuate. Can result in price 'slippage' in markets with low liquidity.
π― Best for: Popular markets where speed matters and liquidity is high.
Limit Order: When you set your own price for a trade on ProphetX prediction markets and wait for another user to accept your offer. You set the price you're willing to trade for the outcome, and it only gets filled when another user accepts.
β
Pros: You control the full price of your trade.
β Cons: There is no guarantee your price gets filled or that another user accepts your offer.
π― Best for: Markets with higher volatility and lower liquidity.
As with most prediction markets, users are trading directly with one another; there is no traditional house edge built into the odds. Instead, ProphetX earns revenue through a 2% commission on winning straight trades only, aligning it more closely with an exchange than a bookmaker.
Is ProphetX legal and legitimate?
ProphetX is a legal and legitimate prediction market platform available in 49 U.S. states, excluding Nevada.
ProphetX recently received a designation from the U.S. CFTC as a Designated Contract Market (DCM), which allows it to operate across the U.S. and in states where sports betting is entirely banned. It is also available in Florida, where residents have limited betting options thanks to the state's tribal compact.
As a federally regulated prediction market, ProphetX complies with applicable regulatory requirements and provides a transparent, peer-to-peer marketplace for event contracts, where participants can buy and sell positions on future outcomes across sports.
With this new regulation, ProphetX is now offering a new welcome bonus, which you can claim with the ProphetX prediction market promo code: SICOM.
ProphetX promo code vs. other prediction markets
The ProphetX predictions promo is easy to claim and has a low up-front cost. New users need only complete a $10 trade to activate the $20 bonus. It's a great starting point for anyone new to prediction markets who wants to try out a sports-focused platform.
We've lined up the ProphetX offer with welcome bonuses from other top trading apps, such as Kalshi and Polymarket, to show you how it compares.
| π§ββοΈ ProphetX | π’ Kalshi | π΅ Polymarket | π OG | |
|---|---|---|---|---|
| π Welcome bonus | Trade $10, get $20 bonus | Trade $20, get $20 bonus | Deposit $20, get $50 trading bonus | Up to $100 |
| #οΈβ£ Promo code | SICOM | SIBONUS | SIBONUS | Applies automatically via our link |
| π― Bonus type | Trade and get | Trade and get | First trade match | Applies automatically via our link |
| π Top feature | No fees on prediction market parlays | Leading prediction trading app | Legal trading on real-world events | Integrated social features |
| β±οΈ Payout speed | Within 24 hours | Within 30 mins | Instant | Within 24 hours |
| π¦ Min. deposit | $10 | $10 | $10 | $10 |
| π App Store rating | β 4.8/5 | β 4.7/5 | β 4.7/5 | β 4.7/5 |
ProphetX promo code vs. Polymarket
The Polymarket promo code offers a higher-value welcome offer of $50 in trading bonuses on a $20 deposit. Polymarket's offer value is superior to both ProphetX's and Kalshi's; however, it's worth noting that ProphetX only requires you to settle a trade of $10+, making it easier for beginner traders to clear its offer.
ProphetX promo code vs. Kalshi
The Kalshi promo code is very similar to the ProphetX welcome bonus, as both offer trade-and-get deals worth $20. However, while Kalshi requires its users to settle $20 worth of trades to clear its bonus requirements, the ProphetX bonus requires you to settle just $10 in trades. Kalshi does allow for more real-world event trading in politics, culture, and weather, which we cover in detail in our Kalshi review.
ProphetX promo code vs. OG
Both OG and ProphetX are sports-focused prediction market platforms that anyone transitioning from sports betting will find appealing. The OG sign-up bonus is among the highest-value welcome offers in prediction markets, but it requires $500 in settled trades to clear, making it more suitable for higher-volume traders or those starting with larger bankrolls. Beginner traders would be better off sticking with ProphetX's welcome offer.
ProphetX promo code vs. other prediction sites
Fantasy sports players may also want to explore the Underdog promo code, which rewards new customers with bonus offers tied to qualifying contest entries. The platform combines traditional fantasy formats with prediction market offerings.
The ROLR prediction market promo code will be available soon, and a waitlist is already open for those who want access to the bonus terms as soon as the site goes live.
What can you trade on ProphetX?
ProphetX is a sports-focused prediction market that allows users to trade contracts on a wide range of sporting events and futures. It also ranks among our top World Cup prediction market apps.
Whether you're following major U.S. leagues or international competitions, ProphetX offers opportunities to take positions on game outcomes, championships, player performances, and even futures markets such as the World Cup outright winner.
Unlike traditional sportsbooks, ProphetX uses a market-based model where users can buy and sell positions throughout an event's lifecycle. This creates more flexibility and allows traders to react to changing odds and market sentiment.
As a newer prediction market platform, some seasonal sports may not be available yet for trading, but featured sports and markets on ProphetX include:
π Football
- NFL
- NCAA Football (NCAAF)
- Conference championships
- Division winners
- Season-long futures
π Basketball
- NBA
- NCAA Basketball (NCAAB)
- Tournament markets
- Conference and championship futures
π Hockey
- NHL
- Division winners
- Conference champions
- Stanley Cup futures
β½ Soccer
- World Cup
- UEFA Champions League
- English Premier League
- La Liga
- Major League Soccer (MLS)
- FIFA World Cup
π₯ Mixed Martial Arts
- UFC fight markets
- Main card and featured bout trading opportunities
πΎ Tennis
- Major tournaments
- Individual match markets
- Tournament winner futures
π Futures Markets
In addition to individual games and matches, ProphetX offers futures markets that allow traders to take positions on longer-term outcomes, including:
- Championship winners
- League winners
- Division winners
- Conference winners
- Tournament champions
- Season awards and other sports-related futures
Same-Game parlays and parlays
One of ProphetX's most unique features is its ability to create both Parlays and Same-Game Parlays (SGPs) directly within the prediction market ecosystem.
For example, an NFL Same-Game Parlay could include:
- Chiefs to win the game
- Patrick Mahomes to throw 2+ touchdowns
- Total points over 48.5
A traditional Parlay could combine game outcomes across multiple events, such as:
- Team USA to win -340
- Team Mexico to win -200
- Team Scotland +305
These features allow traders to build higher-upside positions while maintaining the flexibility and pricing advantages of a market-driven platform.
ProphetX also offers a no-fee structure for parlays, with all net gains on parlays getting charged at 0%.
Live event trading on ProphetX
ProphetX allows users to trade sports prediction market contracts live as games and matches unfold. Traders can enter, exit, or adjust positions before the market closes and the final outcome is determined.
Unlike traditional live betting, ProphetX uses market-driven pricing rather than sportsbook-set odds. That means traders react to real-time price movement created by other participants.
For example, if an NFL team falls behind early and its contract price drops, a trader can buy at the lower price and attempt to profit from a price rise. If the team rallies and the price rises, the trader can lock in gains by selling before the game ends rather than waiting for final settlement.
Live trading is available across ProphetX sports markets, with liquidity and market depth steadily growing as more participants join the platform.
What's trending on ProphetX
On the ProphetX prediction markets homepage, you'll find the largest sporting markets showcased front and center. Here's a look at some of the most traded events right now.
π₯ 2026 World Cup: Uruguay vs. Cape Verde
Uruguay is the favorite in this World Cup matchup, sitting with an order of -250 on ProphetX on the 3-way moneyline. Conversely, Cape Verde has odds of up to +970 to win on ProphetX prediction markets as of 5:42 PM ET on June 21.
A $100 trade on Uruguay to win on the 3-way moneyline odds at -250 would yield the following result.
$100 wagered at -250 odds = $40 profit (if Uruguay wins)
π₯Top sports for prediction markets today
Here's a look at more of today's top sports trading events.
π World Cup: New Zealand at Egypt
| ProphetX moneyline (3-way) | |
|---|---|
| New Zealand | +540 |
| Egypt | -160 |
| Tie | +320 |
Available ProphetX odds in order book as of 5:44 PM ET on June 21, 2026.
ProphetX deposits, withdrawals, and banking
ProphetX offers several secure banking options for both deposits and withdrawals, covering cryptocurrency and real money fiat users.
This makes it easy for users to fund their ProphetX accounts, claim the ProphetX promo code, and access their winnings.
Available deposit methods
Users can fund their ProphetX accounts using:
- Online Banking via Aeropay
- Cryptocurrency via Zero Hash
- Wire transfer
Deposits are typically processed instantly, and account balances should update immediately after a successful transaction. ProphetX requires a minimum deposit of $10, while the maximum deposit limit varies by payment method and account history.
Available withdrawal methods
Users can withdraw funds using:
- Online banking via Aeropay
- Paper check
- Wire transfer
For security, withdrawals must be sent to a financial account in the user's name. Business accounts and third-party financial sharing are not permitted.
Overall, ProphetX provides a straightforward banking experience with multiple funding and withdrawal options for eligible users.
ProphetX referral code
ProphetX offers a referral program that rewards both existing users and new customers. Once you've created and verified your ProphetX account, you'll receive a unique referral link that you can share with friends via text, email, social media, or any other communication channel.
To qualify for referral rewards, here are the steps to follow:
- You must have an active ProphetX account and have completed at least one executed trade.
- Your referred friend must sign up using your referral link.
- Your referred friend must successfully verify their account, deposit at least $50, and place at least one executed trade with a total notional value of $50 or more.
- When your referral completes the requirements, they'll receive $25 in credits, and you'll receive a referral bonus as well.
- Your first successful referral earns you $25 in credits, with the reward increasing by $5 for each additional qualifying referral, up to a maximum of $50 per referral.
ProphetX referral program breakdown
| Referral number | Referrer bonus | Referee bonus |
|---|---|---|
| 1st referral | $25 | $25 |
| 2nd referral | $30 | $25 |
| 3rd referral | $35 | $25 |
| 4th referral | $40 | $25 |
| 5th referral | $45 | $25 |
| 6th referral and beyond | $50 | $25 |
Referral bonuses are credited once the referred user meets the eligibility requirements. Bonus funds can be used for trading and become withdrawable after any resulting positions have settled. Unused bonus funds expire after 45 days, so it's a good idea to put them to work quickly.
Referral rewards can grow quickly over time. If you're interested in comparing other signup incentives, take a look at our Crypto.com referral code review for another popular offer.
Prefer sports markets over crypto? The Kalshi referral code allows eligible users to earn referral bonuses of up to $1,000 by trading across sports and more.
ProphetX platform review
ProphetX is designed around a trading-first experience rather than a traditional sportsbook layout. The platform opens with active sports markets, showing real-time pricing, order books, and trading activity across major leagues and events.
Unlike sportsbook apps that simply display betting odds, ProphetX emphasizes price discovery. Users can view current buy and sell prices, monitor market movement and liquidity, and create their own markets and prices with limit orders rather than accepting a sportsbook's line.
The interface feels more like a financial exchange than a betting app, which will appeal to users who enjoy actively managing positions.
Who should use ProphetX?
ProphetX is best suited for sports fans who want more control over pricing and trading than traditional sportsbooks provide.
The platform is particularly appealing for:
- Sports bettors seeking better pricing
- Prediction market users who prefer sports-only markets
- Traders who want to buy and sell positions before settlement
- Users interested in live trading and market-based odds
- Users in states where there is no legal sports betting
Casual sportsbook users may face a small learning curve, but experienced traders used to trading on apps like Kalshi and value-focused bettors will likely appreciate the added flexibility.
ProphetX user ratings and feedback
The ProphetX mobile app is available on both iOS and Android.
π App Store: 4.8/5 β (3,000+ ratings)
π€ Google Play: 4.5/5 β (600+ reviews)
Most user feedback highlights:
- Competitive market pricing
- Ability to set your own odds
- Smooth app navigation
- Strong sports market selection
- Better value than traditional sportsbooks
The ProphetX mobile app doesn't have a huge sample size of reviews to draw from, but for the most part, reviews about its mobile product are positive.
The most common complaints involve poor liquidity in smaller markets and a learning curve for users unfamiliar with exchange-style trading or book orders on apps like Polymarket. As the newly launched federally regulated platform attracts more users, market depth should continue improving.
Standout features on ProphetX
πͺ Parlay builder and same-game parlays
ProphetX allows users to combine multiple positions into a single parlay. Traders can build traditional multi-game parlays or same-game parlays across supported sports markets, similarly to how you would build a parlay on a traditional sportsbook app.
The site displays probabilities through sportsbook odds, which makes it easier for anyone moving products to participate in a market-driven trading environment.
π Set your own odds
One of ProphetX's biggest differentiators is the ability to set your own price, as a buyer or seller, rather than simply accept the available odds. Users can submit "Limit" orders at their preferred price and wait for another participant to match them.
π Live trading
ProphetX supports live event trading across its sports markets. Users can buy, sell, or exit positions while games are in progress, creating opportunities to react to changing game conditions and lock in profits before settlement.
π Market depth and order book trading
The platform displays available liquidity at different price levels, allowing users to see where buyers and sellers are positioned before entering a trade. This exchange-style transparency is uncommon among prediction market platforms.
βοΈ Federally regulated sports prediction market
ProphetX recently launched as a federally regulated prediction market after receiving approval as both a DCM and Derivatives Clearing Organization (DCO). The platform is focused exclusively on sports markets and futures.
β SI Verdict: 4.7/5
ProphetX is a newcomer to the federally regulated and legal prediction market industry. However, it already stands out as one of the most sports-focused prediction markets currently available. It uses American odds for pricing and lets users set their own odds, trade live events, and build parlays, creating an experience that feels familiar to sportsbook users while offering the flexibility of a trading exchange.
While liquidity is still developing in some markets, the platform's recent federal launch, strong app ratings, and sports-first approach make it one of the most compelling options for users looking to transition from traditional sports betting to prediction markets.
β What works
- Sports-focused prediction market with an easy-to-navigate interface
- Live trading allows users to enter and exit positions before settlement
- Exchange-style pricing lets users trade against the market instead of sportsbook-set odds
- Parlay and Same-Game Parlay functionality provide additional flexibility and payout potential, and building is similar to an online sportsbook
- Supports major sports including NFL, NBA, NHL, NCAAF, NCAAB, Soccer, UFC, and Tennis
- Federally regulated platform available in 49 states
- Multiple funding methods including online banking, cryptocurrency, and wire transfers
β οΈ What doesn't
- Market depth and liquidity are still developing in some markets (NFL futures markets have yet to appear)
- Smaller events may have wider spreads than major games
- Limited operating history compared to established sportsbooks and prediction markets
- Learning curve for users unfamiliar with exchange-style trading
- Promotional offers and loyalty programs are currently limited following launch
ProphetX customer support
As a newly launched prediction market platform, ProphetX offers several support channels for users who need assistance with account access, deposits, withdrawals, verification, or trading questions.
- π± In-App support: Support can be accessed directly through the ProphetX website and mobile app.
- π Help center / FAQ: A comprehensive knowledge base covering account setup, banking, trading, market rules, and platform features.
- βοΈ Email support: Users can contact the ProphetX support team at hello@prophetexchange.com for account, verification, and trading-related inquiries.
- π Support phone: (570)-707-7912. Per ProphetX's site, live Support is available every day from 8 AM to 8 PM EST.
- π’ Social media channels: ProphetX provides platform updates, product announcements, and support information through its official social media accounts.
- X (formerly Twitter):
- @PlayProphetX (official site)
ProphetX trading fees breakdown
ProphetX uses a simple and transparent fee structure that differs from traditional sportsbooks. Rather than building a margin into every line or wager, ProphetX charges small fees based on trading profits.
ProphetX fee breakdown
- Straight Trades: 2% trading fee on net gains per market.
- Parlay Trades: 0% trading fee on net gains per market.
- Losing Positions: No trading fee is charged on losing trades.
- Maximum Loss: Users can never lose more than the amount invested in a position.
Example: Straight trade
Suppose you buy $100 worth of contracts at +100 odds and earn a $100 profit when the market settles. ProphetX would charge a 2% fee on your net gain, resulting in a $2 fee and a net profit of $98.
Example: Parlay trade
If you build a parlay across multiple sports markets, buy $100 worth of contracts at +200 odds, and earn a $200 profit when the market settles, then ProphetX would charge no trading fee (0% fee) on those net gains. You would keep the full $200 profit.
Latest ProphetX updates
June 17, 2026: ProphetX officially launched as a federally regulated sports prediction market, allowing eligible users across 49 states to trade sports event contracts and futures markets.
June 11, 2026: The Commodity Futures Trading Commission (CFTC) approved ProphetX's applications to operate as both a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), making it the first federally regulated sports-native prediction market exchange in the United States.
April 2026: ProphetX submitted formal comments to the CFTC's proposed prediction market framework, advocating for federally regulated sports event contracts and helping shape the evolving regulatory landscape.
Nov. 10, 2025: ProphetX announced that it had filed applications with the CFTC seeking DCM and DCO registration, beginning the process of transitioning from a sports exchange platform to a federally regulated prediction market.
Jan-Dec. 2018: ProphetX launched its original peer-to-peer sports trading exchange in the United Kingdom, laying the foundation for the sports-focused prediction market platform that would later enter the U.S. market.
ProphetX promo code FAQ
The latest ProphetX promo code is SICOM. New users can enter promo code SICOM during registration to unlock the current welcome offer and receive $20 in bonus funds after settling their first trade of $10, subject to the promotion's terms and conditions.
ProphetX offers a referral program that rewards users for inviting friends to the platform. Existing users who have executed at least one trade receive a unique referral link that can be shared with new customers, earning $25 in credits per qualifying referral, up to a maximum of $50.
Yes. ProphetX is a real-money sports prediction market where users can trade contracts on sporting events and withdraw eligible winnings. The platform operates under federal regulation and supports deposits and withdrawals through approved banking methods including Zero Hash for Cryptocurrency and Aeropay for online banking.
To claim the ProphetX promo code, create a new ProphetX account through the website or mobile app and enter SICOM during the registration process. After completing identity verification and making your first qualifying deposit you'll need to settle a first trade of $10 or more to get the full $20 in bonus funds credited to your account.
ProphetX's federally regulated prediction market platform is available in 49 states and is currently unavailable in Nevada. Users must also meet the platform's age and identity verification requirements before trading.
Yes. ProphetX offers both traditional parlays and Same-Game Parlays (SGPs), allowing users to combine multiple prediction market positions into a single trade. One of ProphetX's biggest advantages is that profitable parlay trades currently incur a 0% trading fee on net gains.
Unlike a traditional sportsbook, ProphetX operates as a prediction market where users trade contracts based on sporting event outcomes. Instead of betting against a bookmaker that sets odds and charges vig, ProphetX uses market-based pricing driven by participant activity. Users can buy and sell positions before settlement, potentially locking in profits or reducing risk while a game is still in progress.
ProphetX uses a simple fee structure based on net profits rather than charging traditional sportsbook vig. Straight trades are subject to a 2% fee on net gains per market, while parlay trades incur a 0% fee on net gains. No fee is charged on losing positions, and users can never lose more than the amount invested in a trade.
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