Fanatics Markets review 2026: Is it legit?

Q: Is Fanatics Markets legit?

Yes. Fanatics Markets operates under federal oversight through Paragon Global Markets, a CFTC-registered Introducing Broker and NFA member, with Crypto.com powering the underlying exchange and clearing infrastructure.

Q: Do I need a Fanatics Markets promo code?

No. Fanatics doesn't use a traditional promo code for its current offer. Sign up, deposit at least $10, and place a qualifying trade to trigger the trade match automatically.

Q: What states is Fanatics Markets available in?

Fanatics Markets is live in 24 states as of July 2026, including California, Texas, Florida, and Washington. Availability can change, so confirm your state in the app before signing up.

Q: Can I sell a Fanatics Markets contract before it settles?

Yes, but only in full. Fanatics doesn't support partial sells, so exiting a position early means closing the entire size at once.

Q: How much does it cost to trade on Fanatics Markets?

Fanatics charges a single Total Trading Fee per contract, ranging from $0.0034 to $0.0275 depending on the contract's price. Order totals round up to the nearest cent.

Chris Jonat

Content Manager

Fanatics Markets is a CFTC-regulated prediction market, not a sportsbook. It's live in 24 states, charges a per-contract trading fee, and backs new users with a trade match up to $75. Here's what we know about the available markets, payments, and bonuses.

No offer availableWe do not currently have an exclusive welcome offer with Fanatics Markets. Check out our top recommended prediction market apps below.

Alternatives to Fanatics Markets

1Polymarket

Get a $20 trading bonus when you sign up with the Polymarket promo code CORG and deposit at least $10. Learn more in our Polymarket review.

2ProphetX

Unlock a $20 trading bonus with your first deposit of at least $10. Use the ProphetX promo code CORG to qualify. Learn more in our ProphetX review.

3OG.com

OG.com offers new users a trade $10, get $10 welcome bonus. Use our OG promo code to qualify. Learn more in our OG.com review.

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Quick facts: Fanatics Markets review

🏛️ Parent company	Fanatics, powered by Crypto.com's exchange infrastructure
📍Launched	December 2025
🏢Headquarters	New York, NY
🤝 Regulator	CFTC oversight via Paragon Global Markets (registered Introducing Broker, NFA member)
🌐 Platform type	Peer-to-peer prediction market exchange
🎁 Welcome bonus	Trade match up to $75
⌨️ Promo code	No code needed, offer applies automatically at sign-up
💲Minimum first deposit	$10 (wire deposits require $1,000+)
💰Minimum withdrawal	$10 (wire withdrawals require $10,000+)
💸 Trading fees	Single total trading fee per contract, $0.0034 to $0.0275 depending on price
💳 Deposit methods	Debit card, Apple Pay, Google Pay, ACH bank transfer, wire
🏧 Withdrawal methods	Same method used to deposit
⏱Payout speed	Varies by method; confirm current processing times in the app
📱Mobile app availability	iOS and Android
⚽ Live/in-event trading	Yes
👍Legal age	21+
🧑‍💻 Customer support channels	Live chat and email

My take on Fanatics Markets

Chris Jonat, Content Manager

"If you've used Fanatics Sportsbook, Fanatics Markets will feel familiar. It's the same interface, just retooled for trading with probability-based contract pricing. The Fanatics Markets welcome bonus is a great way to get started, since the bonus funds are equal to your first trade amount, up to $75."

Pros

No contract caps, position size is driven by liquidity, not a fixed house cap
Strong sports depth, futures, player props, and stat markets go beyond win/lose outcomes
Regulated setup, built on Paragon Global Markets, with CFTC and NFA oversight
Familiar interface, carries over Fanatics Sportsbook's clean design, so the learning curve is short

Cons

Per-contract fees, the cost bites harder on smaller trades and quick flips
No partial sells, exiting early means selling your entire position at once

Fanatics Markets is a solid pick if you want a sportsbook-familiar interface backed by real regulatory footing. The trade-offs are the fee structure and limited flexibility on exits, so it suits traders who plan to hold positions rather than trade in and out quickly.

What is Fanatics Markets?

Fanatics Markets is one of many real-money prediction markets where you buy and sell contracts tied to the outcome of future events, from sports and elections to interest rate decisions and pop culture moments. Contract prices move between $0.01 and $0.99 based on where traders collectively think the odds sit, so a contract priced at $0.60 reflects roughly 60% implied probability.Every trade on the platform is peer-to-peer. You're never betting against the house; there's always another trader on the other side of your position. Crypto.com supplies the regulated exchange and clearing infrastructure behind the scenes, which is what lets Fanatics list and settle contracts at scale without building that plumbing from scratch.Fanatics laid the regulatory groundwork in July 2025 by acquiring Paragon Global Markets, a CFTC-registered Introducing Broker and NFA member. That acquisition, paired with the Crypto.com partnership confirmed that November, gave Fanatics a fast path into prediction markets rather than a multi-year buildout. The platform launched in 10 states in early December 2025 and expanded to 24 states within weeks.

Fanatics Markets welcome bonus

New users get a trade match up to $75. Deposit at least $10, place your first trade, and Fanatics credits bonus funds equal to that trade amount, capped at $75. There's no promo code to enter; the offer applies automatically once you sign up and fund your account.You'll need to be at least 21 and located in one of the platform's eligible states to qualify. For the full breakdown of terms, eligible states, and how the match is credited, see our Fanatics Markets promo code page.

A simple welcome offer

"The trade match is one of the simpler offers you'll find on a prediction market app. There's no minimum trade count or rollover to track, just deposit, place one trade, and the match lands in your account."

Chris Jonat

Content Manager

Is Fanatics Markets legal in the US?

Yes. Fanatics Markets operates under federal oversight rather than the state-by-state licensing that governs traditional sports betting. Paragon Global Markets, the CFTC-registered Introducing Broker Fanatics acquired in July 2025, gives the platform its regulatory pathway, while Crypto.com's registered exchange and derivatives clearing organization handle trade execution and settlement.That federal structure is the key difference from sports betting legality. Instead of needing a license in each state, Fanatics Markets can operate anywhere it isn't specifically restricted, which is why you'll see it available in states like California and Texas that don't allow traditional sports betting. The tradeoff is that sports event contracts specifically are limited in states with legal sports betting already in place.

Fanatics Markets regulatory and launch timeline

Fanatics Markets is currently live in Alabama, Alaska, California, Delaware, Florida, Georgia, Hawaii, Idaho, Maine, Minnesota, Mississippi, Nebraska, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Carolina, South Dakota, Texas, Utah, Washington, and Wisconsin. Availability shifts as regulations evolve, so confirm your state in the app before you sign up.

Dec 16, 2025

Expansion to 24 states

A single rollout adds 14 states, bringing the total to 24 active states.

Dec 3, 2025

Fanatics Markets launches in 10 states

The platform goes live with sports and non-sports contracts priced between $0 and $1.

Nov 20, 2025

Crypto.com partnership confirmed

Fanatics confirms Crypto.com as its infrastructure partner, providing the regulated exchange and clearing layer behind Fanatics Markets.

July 2025

Fanatics acquires Paragon Global Markets

The acquisition gives Fanatics a CFTC-registered Introducing Broker and NFA membership, establishing its regulatory foundation ahead of launch.

Check state availability for sports contracts

"Sports contracts specifically won't be available in every one of those 24 states. If your state already has legal sports betting, expect Fanatics Markets to restrict sports event contracts there, even though the rest of the platform still works."

Chris Jonat

Content Manager

Fanatics Markets key features

Two things stand out about Fanatics Markets: how closely it mirrors the Fanatics Sportsbook interface, and how deep its sports-specific markets run compared to most prediction market platforms.

Impressive sports depth

"The sports markets here are a real differentiator. You're not just picking game winners; there are futures, player props, and stat-based markets that give sports-savvy traders more ways to express an opinion than most competitors offer."

Chris Jonat

Content Manager

Markets offered

Sports carry the platform right now. You can trade on all the major US leagues plus niche options like rugby union and darts, with markets ranging from game winners and spreads to season-long futures and player stat lines. A live section lets you trade on games already in progress.Non-sports categories are live but thinner: Company markets (business and product outcomes), Grammys (award race contracts), and Economy (rate decisions, inflation, and policy). Fanatics has flagged crypto, stocks/IPOs, climate, tech/AI, movies, and music as coming in a Phase Two expansion. In the meantime, Polymarket predictions is an option with impressive market depth right now.

Fees and trading costs

Fanatics charges a single total trading fee on every contract you buy or sell, ranging from $0.0034 to $0.0275 per contract depending on price. The fee runs highest on contracts priced near $0.50 and lowest at the extremes, near $0.01 or $0.99. Order totals round up to the next whole cent, so even a single-contract trade can carry a $0.01 minimum fee.

Contract price	Fee (1 contract)	Fee (100 contracts)
$0.01	$0.00408	$0.41
$0.10	$0.0192	$1.92
$0.20–$0.80	$0.024	$2.40
$0.90	$0.0192	$1.92
$0.99	$0.00768	$0.77

The fee plateaus at $0.024 per contract across the entire $0.20 to $0.80 price band, which covers most actively traded markets. Fanatics can also reduce or waive the fee to $0.00 as part of a specific promotion, per its published terms.

How Fanatics Markets compares

Here's how Fanatics Markets stacks up against a few other prediction market platforms on welcome offers and fee structure.

Platform	Welcome bonus	Min. deposit	Fee model
Fanatics Markets	Trade match up to $75	$10	Flat per-contract fee
Polymarket	$20 trading bonus (code CORG)	$10	Varying trading fees by market up to 7% in crypto contracts
ProphetX	$20 trading bonus (code CORG)	$10	Peer-to-peer, market-set pricing
OG.com	Trade $10, get $10	$10	Flat 2% trading fee

Fanatics Markets deposits and withdrawals

Fanatics Markets runs on standard fiat payment rails rather than crypto, so your funding method affects both what you pay to deposit and how smoothly you can withdraw later.

Debit card (Visa and Mastercard): Fast, but carries up to a 2% fee. $10 minimum deposit.
Apple Pay: Same up to 2% fee as debit, with a $10 minimum deposit.
ACH bank transfer: No deposit fee, the cleanest option if you want to avoid card-style costs.
Wire transfer: No added platform fee, but not available below $1,000, and your bank may charge its own wire fee.

Withdrawals return through the same method you used to deposit, so it's worth funding your account with whichever method you'd actually want to cash out to. The minimum withdrawal is $10, though wire withdrawals specifically require at least $10,000. Fanatics hasn't published a fixed processing-time schedule for Markets withdrawals, so confirm current timing in the app before you rely on it.

Pick your withdrawal method in advance

"Think about your withdrawal method before you deposit, not just what gets money in fastest. On Fanatics, that choice can matter more than the fee you pay on the way in, since deposits and withdrawals are tied to the same method."

Chris Jonat

Content Manager

Fanatics Markets mobile app

Fanatics Markets runs as a standalone app, separate from Fanatics Sportsbook, though it shares a similar clean, modern look and feel.

iOS app

Fanatics Markets holds a 4.6/5 rating on the App Store from 730+ ratings, with an app size of 212 MB. Reviewers generally point to the familiar Fanatics-style interface as an easy entry point for anyone who has used the Sportsbook app before.

Android app

On Google Play, Fanatics Markets: Trade Sports sits at 3.7 stars from 90+ reviews, with more than 50,000 downloads. It carries an Adults Only 18+ content rating, in line with its real-money trading model.

App design

Navigation follows a league strip across the top (NBA, CFB, EPL, NHL, CBB, and others); pick a sport, and you land on a matchup feed showing each game's default Winner, Spread, and Total markets. Opening a game brings up a price chart with 1D/1W/1M/All filters, and the order ticket surfaces quick-add buttons and an "Important Information" callout reminding you that partial sells aren't supported. Liquidity isn't shown on the main market view; you have to open the order book from inside the ticket to see bid/ask depth.

Recent app improvements

Fanatics added combo markets ahead of the 2026 NBA playoffs in April, letting users link multiple contracts into a single position for a potentially larger payout.

Great app experience

"The app experience is one of Fanatics' real strengths here. It's sportsbook-familiar and easy to use, which matters if you're coming from Fanatics Sportsbook and don't want to relearn a new interface from scratch."

Chris Jonat

Content Manager

Fanatics Markets security and licensing

Fanatics Markets' regulatory footing runs through Paragon Global Markets, a CFTC-registered Introducing Broker and NFA member that Fanatics acquired in July 2025. Crypto.com supplies the underlying regulated exchange and derivatives clearing organization that lists and settles Fanatics Markets contracts.Because all trades run peer-to-peer through that regulated exchange layer, every position you open is matched against another trader rather than a house line. That structure is part of what separates a prediction market platform like this from a traditional sportsbook.

Regulatory path matters

"The regulatory path here matters more than it might seem at first glance. Building on an existing CFTC-registered broker instead of starting from zero is what let Fanatics move from rumor to live product in a matter of months."

Chris Jonat

Content Manager

Fanatics Markets customer service

Fanatics Markets offers support through the following channels. Response times and availability can vary, so confirm current details in the app.

Live chat, available for account and trading questions
Email support at support@fanaticsmarkets.com

Fanatics also builds in responsible trading tools you can reach through the same support channels, including deposit limits, session time limits, timeouts from 3 to 365 days, and self-exclusion with a minimum one-year term.

Fanatics Markets in the news

Keep up with Fanatics Markets whenever it appears in the news.

Apr 16, 2026

Fanatics Markets introduces combos

The update lets users link multiple contracts into a single position ahead of the NBA playoffs, for a potentially larger payout.

Jan 17, 2026

Fanatics launches Fanatics Studios

The new media arm produces original sports content with partners including ESPN, MLB, WWE, and the 2028 Olympics. It's not a trading feature, but it expands the ecosystem that could funnel more attention toward Fanatics Markets.

Dec 16, 2025

Fanatics Markets expands to 24 states

A single rollout adds 14 states to the platform's footprint.

Dec 3, 2025

Fanatics Markets officially launches

The platform goes live in 10 states with $0 to $1 contracts across sports and non-sports categories.

Our verdict

Fanatics Markets is a solid option if you want a sportsbook-familiar interface backed by real federal oversight, especially for sports-focused traders who don't mind holding positions to settlement. The per-contract fees and lack of partial sells are the tradeoffs to weigh, particularly if you trade frequently or in smaller sizes.

Overall rating: 3.8/5 ⭐️⭐️⭐️⭐️

Fanatics Markets FAQs

Is Fanatics Markets legit?

Do I need a Fanatics Markets promo code?

What states is Fanatics Markets available in?

Can I sell a Fanatics Markets contract before it settles?

How much does it cost to trade on Fanatics Markets?

Chris Jonat

Content Manager

Chris has been working in iGaming for 15 years. He has previously worked on online casinos, sportsbooks, iPoker, and the crypto industry, all of which help inform his expert coverage of the emerging prediction markets scene. We may earn a small commission from some links, but Chris's trustworthy insights are always impartial, helping you make the best decision.

Fact-checked by Alexander Korsager

Chief Gaming Officer at Casino.org

As a fact-checker, and our Chief Gaming Officer, Alex Korsager verifies all prediction market details on this page. He manually compares our pages with the prediction app, and if anything is unclear, he contacts the operator. In short, Alex ensures you can make an informed and accurate decision.