Jun 4, 2026
The World Cup is Now Trading on Robinhood and Rothera
We’ve lowered the cost to trade prediction markets on Robinhood, and are now routing event contracts to Rothera, a new affiliate exchange
With a record 48 teams playing in more than 100 matches across North America this summer, the 2026 World Cup is shaping up to be one of the biggest global events ever. Beginning today, customers can trade all of the action on Robinhood with prediction markets for individual matches, group and tournament winners, spreads, totals, player contracts, and combos. These contracts are rolling out now and will be available to all eligible customers in the coming days.
It’s also a major milestone for Robinhood's prediction markets business, as we route event contracts to Rothera, a CFTC-licensed exchange and clearinghouse independently managed through Robinhood’s joint venture with Susquehanna International Group. For now, we’re sending a selection of World Cup and professional baseball contracts to Rothera, and will scale over time to include additional events.
“The World Cup is a global phenomenon and is the perfect event to launch Rothera,” said JB Mackenzie, VP and GM of Futures and Prediction Markets at Robinhood. "We’re now delivering even more value for customers as we continue on our mission to make Robinhood the best place to trade prediction markets.”
“This is a foundational milestone for us to launch a purpose-built exchange and clearinghouse for the fast-growing prediction markets,” said Thomas Chippas, CEO of Rothera. “While still early days, our goal is to provide the technology, regulatory certainty, and risk management framework needed to support broad participation from both retail and institutional participants. The World Cup marks the first step in that journey, and we look forward to helping shape the future of prediction markets as an asset class.”
How it Works
World Cup prediction markets allow customers to speculate on a variety of different game and tournament outcomes, turning their unique sports knowledge into a trading opportunity. Contracts will be available directly through the home page and on the "Now" section of the "Search" tab. As with all our prediction markets, customers can buy or sell contracts at any time before an event ends, with prices moving based on the perceived probability of the outcome. World Cup contracts for winners, spreads, and totals will be routed to Rothera, including:
Will [team] win the world cup?
Will [player] win the golden boot?
Will [team] win the Group?
Will [team] qualify from Group?
Will [team] advance to the [round]?
Will [team] win the [game]?
Will the game have more than [X] goals?
Will both teams score in the game?
Will [team] win the game by more than [X] goals?
Will [team] be winning at halftime?
Lower Fees for Everyone
Trading prediction markets on Robinhood now costs less than ever, with some of the most competitive fees in the industry. On June 1, we introduced a new pricing model where commission fees change based on the price of the contract and the size of the order, with lower fees at the extremes (contracts priced near $0.01 and $0.99) and never exceeding $0.01 per contract. We’re also now giving Robinhood Gold subscribers an even better deal, charging up to 50% less per trade in commission fees compared to non-Gold customers, and offering savings of up to 95% compared to our old pricing structure. Exchanges typically charge an additional fee, which varies by exchange.
Beginning June 8, customers who refer 5 friends to prediction markets on Robinhood will also unlock uncapped $0 commissions on all World Cup trades. Terms and conditions will apply and will be posted soon.
For more detailed information about how commission fees are now calculated, visit our Help Center.
Prediction Markets on Robinhood
Robinhood is enabling customers to trade, invest or earn on the financial assets that are most important to them. After launching at the end of 2024, prediction markets quickly became Robinhood’s fastest-growing product line by revenue. While over 12 billion event contracts were traded in 2025, over 16 billion event contracts have already traded in 2026 year-to-date.
We’ve seen a strong response from customers about sports event contracts, but we recognize that they aren’t for everyone. That’s why we offer customers the ability to opt out of sports notifications and event contracts altogether if they’re not interested. To do this, they simply need to visit their account settings directly in-app.
We also offer a number of educational resources to help customers make informed decisions. This includes 15+ prediction markets articles available through Robinhood Learn, as well as additional information on our Help Center.
See all the latest event contracts available on Robinhood by visiting robinhood.com/predict.
Disclosures
Futures, options on futures and cleared swaps trading is offered by Robinhood Derivatives, LLC ("Robinhood Derivatives"), a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC) and Member of National Futures Association (NFA). Event contracts are offered by Robinhood Derivatives, LLC through either KalshiEX LLC, ForecastEX, LLC or Rothera Exchange and Clearing LLC ("Rothera Exchange and Clearing").
Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC ("Robinhood Gold").
Robinhood Derivatives, Robinhood Gold and Rothera Exchange and Clearing are separate, but affiliated entities. Robinhood Derivatives and Robinhood Gold are wholly-owned subsidiaries of Robinhood Markets, Inc. Rothera Exchange and Clearing is a wholly-owned subsidiary of Rothera, LLC, a joint venture managed by Robinhood Markets, Inc. and Susquehanna International Group.
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