Robinhood fees explained

Trading fees

Robinhood’s headline is cost: there is no separate commission to trade event contracts, and the per-contract fee is among the lowest in the category. Because markets route through a regulated exchange, a small regulatory or exchange fee may apply, but the all-in cost is typically only a cent or two per contract.

If you trade actively, Robinhood’s low per-contract cost compounds in your favour versus higher-fee venues.

Funding costs

Funding is integrated with your Robinhood Markets balance, so moving money in and out is generally low-cost, with none of the friction of opening and funding a separate account. See the deposit and withdraw guides for the exact funding steps and timing.

How it compares

No prediction market is truly free to trade — the cost simply shows up differently from one platform to the next, whether as an explicit per-contract fee, a spread baked into prices, or a built-in margin. To weigh Robinhood against the rest, see the platform rankings, the lowest-fee platforms roundup, and the cross-platform profit calculator, which lets you factor any fee into a trade to see your real ROI. And remember that fees are not the only cost of trading — see our guide to taxes on prediction-market winnings.

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Fee structures change; this is a general explanation, not a fee schedule. Check Robinhood’s current fees in-app. 18+.

Frequently asked questions

Does Robinhood charge fees?

Robinhood is known for some of the lowest per-contract fees in the category — often around one to two cents per contract — with no separate trading commission.

How can I see the cost before trading?

Check the cost shown on a market before you confirm, and use our profit calculator's fee field to see the effect on profit and ROI.