Kalshi: Bet on the headlines 17+
KalshiEX LLC
Designed for iPhone
-
- Free
iPhone Screenshots
Description
Kalshi is the ONLY regulated American prediction market that allows you to trade/predict Donald Trump vs Kamala Harris.
The biggest market of the year, only at Kalshi!
Plus you can trade the Presidential Election result for each state; from California and Florida to the Swing States.
And Kalshi isn't just for the 2024 Election. You can trade over 300 other markets, including finance, economics, weather, and more. Make money 24/7 on the simplest and fastest markets out there!
ELECTION 2024
Trump vs Harris is the biggest prediction market of 2024. 270 to win! And Kalshi is the ONLY legal and regulated market in the US!
FINANCIALS
Daily S&P500, Nasdaq-100, Forex (EUR/USD, USD/JPY), WTI oil
POLITICS
Debt crisis, Biden approval rating, Court cases, Government shutdown
ECONOMICS
Fed interest rates, Inflation (CPI), GDP, Recession, Gas prices, Mortgage rates
CLIMATE
Hurricane strength, Daily temperature in many cities, Tornado numbers
CULTURE
Billboard 100, Oscars, Grammys, Emmys, Bud Light sales
COLLECTIBLES AND GAMES
Watch prices, shoes prices, GTA6 Release date
HOW KALSHI WORKS
Kalshi is the first regulated exchange where you can buy and sell contracts on the outcome of events. For example, NASA announced a manned mission to the moon. Contract prices reflect the view of traders as to the chances of the event happening. You think it's going to happen, so you buy contracts for it. Contracts cost between 1¢ to 99¢, and can be sold at any time. At close, each contract is worth $1 if you’re right.
HOW IS KALSHI REGULATED?
Kalshi is federally regulated as a Designated Contract Market (DCM) by the Commodity Futures Trading Commission (CFTC). LedgerX LLC is a CFTC regulated clearinghouse that provides clearing services for Kalshi. The clearinghouse holds members funds and clears trades.
TRADE YOUR CONVICTIONS
Find markets that align with your interests and opinions. For example, if you think a recession is coming, trade recession and S&P markets. You can finally put your money where your mouth is.
REDUCE FINANCIAL RISK
Hedge against events that might affect your finances. For example, if you hold stocks, trade Fed and inflation markets to protect your portfolio.
KASHI VS. STOCKS
Event contracts are more direct. You trade on the outcome of an event, not the future price of a stock. This means your profits are not tied to the company’s performance. No pattern day trading restrictions. You can trade as much or as little as you want, whenever you want. This gives you more flexibility to manage your risk. In stocks, you can be right and still lose money. The price of a stock is not always based on fundamentals. Other factors, like news or market sentiment, can also affect it.
KALSHI VS. OPTIONS
Event contracts are simpler. Options are complex instruments with many factors that affect their price, making them difficult to predict. Free from time decay. Contract prices reflect the view of traders as to the chances of the event happening, while options lose value over time even if the underlying asset doesn't change in price.
HOW MUCH MONEY DO I NEED TO START?
You can open and maintain a Kalshi account for free. Our markets require less capital than others, making them a great way to diversify your investments without risking too much.
ADVANCED TOOLS & API ACCESS
Build an algorithm in 30 lines of Python code with our starter code and Python package. Get started in minutes with our helpful documentation. Backtest your strategies for free with historical data. Access open-source resources built by our developer community.
EARN MONTHLY REBATES
Kalshi offers low trading fees and all traders can qualify for the volume incentive program that offers up to 1.4% dollar rebate every month.
What’s New
Version 9.6.0
Kalshi is the only legal and largest prediction markets in the US, where you can make money by predicting events. It’s like trading stock, but you’re predicting things that you know about. You predict that an event will happen or not, and you make money if you’re right.
- Fix portfolio bugs;
- Deprecated LX:
Ratings and Reviews
Exemplary customer support!
I'm new to all this prediction-market stuff. After doing quite a bit of research, I decided to go with Kalshi due to its sterling reputation. On day one, I ran into a big snag. I reached out to customer support and (sigh)… Not only was my issue promptly rectified, but cust support treated me so nicely (even though I was a bit irate with a flared temper 😂)! I was so impressed by the tact, professionalism, and prompt, thorough service that I just had to leave Kalshi yet another sterling review because the team at Kalshi totally deserves it! So, if you’re a newbie like me, have no fear—the app is very user-friendly, and there are like thousands and thousands of other users there you can message with. And if you’re really in a bind, Kalshi offers a very helpful, easy-to-read knowledge base. And if you’re REALLY upset, lost, and confused as I was, take it from me: Reach out to customer support and you’ll be in good hands (but try to be nice to them 😅)! Thank you Kalshi for an amazing prediction-market app and exemplary customer support!
App is really smooth. Better and cleaner than other brokers
Events trading is really sick. I’ve added them to my portfolio as a way to get more precise exposure on a number of factors that go into a stock. I wouldn’t be surprised if this trading instrument becomes massive.
The company has a lot of educational material, which made it easy to onboard and trade safely. I also like that there is no leverage right now, which makes it simpler and more safe. But I hope the company introduces leverage later down the line as traders build a track record.
The app flows well. It’s easy to understand and manage one’s exposure. I also like using the order book functionality: it’s much better than other brokers like IBKR for example, where the interface is so confusing and convoluted.
Disappointing Experience Due to Low Liquidity and High Fees
I've been using the Kalshi app for a while now, and unfortunately, it has been a pretty underwhelming experience. The biggest issue is the extremely low liquidity. It’s difficult to find markets with enough participants, and even when you do, the order books are so thin that getting in or out of a position without significant slippage is nearly impossible. This defeats the purpose of trying to trade predictions on real-world events, as the lack of activity makes the app feel almost unusable at times.
On top of that, the fees are really high relative to what you can potentially earn. When you combine the low liquidity with the high costs, it becomes hard to justify any meaningful participation. Even if you manage to make some correct predictions, the fees eat into your profits so much that it hardly feels worth it.
Overall, Kalshi has a promising concept, but with its current liquidity issues and costly fees, it’s not a platform I can recommend for anyone looking to actively trade event predictions. Hopefully, these issues get addressed, but for now, the app just doesn’t deliver.
Developer Response ,
Hey there, we are so sorry that you had this experience. Can you please email us at support@kalshi.com so we can look into this and fix it for you?
App Privacy
The developer, KalshiEX LLC, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.
Data Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
- Browsing History
- Identifiers
- Usage Data
- Other Data
Data Linked to You
The following data may be collected and linked to your identity:
- Financial Info
- Contact Info
- Browsing History
- Identifiers
- Usage Data
- Diagnostics
- Other Data
Privacy practices may vary, for example, based on the features you use or your age. Learn More
Information
- Seller
- KALSHI INC.
- Size
- 117.2 MB
- Category
- Finance
- Compatibility
-
- iPhone
- Requires iOS 14.0 or later.
- iPod touch
- Requires iOS 14.0 or later.
- Mac
- Requires macOS 11.0 or later and a Mac with Apple M1 chip or later.
- Languages
-
English
- Age Rating
- 17+
- Copyright
- © KalshiEX LLC., 2019
- Price
- Free