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Novig vs ProphetX: Which Sports Exchange Fits You?

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Written by Bar Worcel, Co Founder and CEO of TipMaster

TipMaster Compare editorial

Editorial review: September 13, 2026Fact checked: August 31, 2026
QA

Quick answer

Novig and ProphetX are now direct, sports-first CFTC-designated exchanges with peer-to-peer order books, live markets, player markets, parlays, web access, and native apps. Novig publishes the clearer consumer fee schedule and is cheaper on the narrow fee dimension for pregame straight trades, which are currently fee-free. ProphetX charges 2 percent of net gains per straight market and publishes a separate parlay schedule. Access differs: Novig requires 21+ and excludes AZ, MI, and NV, while ProphetX requires 18 or the higher local age and says it operates nationwide except Nevada. Those are company access statements, not blanket legal conclusions. Neither platform can be declared the liquidity, price, fill-speed, legality, or profit winner without synchronized order-level evidence.

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Novig vs ProphetX: Which Sports Exchange Fits You?

Quick Answer

Novig and ProphetX are now direct, sports-first CFTC-designated exchanges with peer-to-peer order books, live markets, player markets, parlays, web access, and native apps. Novig publishes the clearer consumer fee schedule and is cheaper on the narrow fee dimension for pregame straight trades, which are currently fee-free. ProphetX charges 2 percent of net gains per straight market and publishes a separate parlay schedule. Access differs: Novig requires 21+ and excludes AZ, MI, and NV, while ProphetX requires 18 or the higher local age and says it operates nationwide except Nevada. Those are company access statements, not blanket legal conclusions. Neither platform can be declared the liquidity, price, fill-speed, legality, or profit winner without synchronized order-level evidence.

What this page covers: This comparison focuses on Novig and ProphetX as sports-focused exchanges, including age and state rules, fees, order controls, platforms, and sports coverage.

Which option fits your needs?

Decision dimension
Editorial conclusion
Why
Pregame straight fee
Novig
Current app and web maker and taker fees are zero for this exact trade type.
Lower age baseline
ProphetX
Official baseline is 18 or the higher local age, compared with Novig at 21.
Explicit parlay formula
Novig
Its current parlay taker formula is publicly summarized.
Straight fee simplicity
ProphetX
Straight trades use 2 percent of net gains per market.
Documented funding
Novig
Cards, Apple Pay, Aeropay, and stablecoin deposits are documented in current help.
Sports focus
Tie
Both are sports specialist direct exchanges with live, props, futures, and parlays.
Platforms
Tie
Both verify web, iOS, and Android, with separate API claims.
Liquidity, price, fill speed, or profit
No supported winner
No synchronized order level evidence exists.

At a glance

Product
Type
Best for
Price or fee
Platforms
Main limitation
Novig
Direct CFTC-designated sports prediction exchange with peer-to-peer maker and taker orders.
Fee-transparent, sports-first exchange trading
No subscription. Pregame straight app and web trades have no maker or taker fee. Live straight takers pay 0.03 x P x (1-P) per contract. Parlay takers pay 0.10 x P x (1-P), included in the quote. Maker fee is $0. No conventional trial. Free account access is separate from funded trading. Any deposit or maker credit is promotional and should not drive the verdict.
Web, iOS, Android; an API exists for specified workflows.
21+ baseline; AZ, MI, and NV exclusions; New DCM product history; Variable liquidity and fills; Live taker and parlay fees; Fair Value Settlement complexity
ProphetX
Direct CFTC-designated peer-to-peer sports prediction exchange using an anonymous electronic central limit order book.
Sports exchange users who want to post a preferred price
No subscription. All straight trades are charged 2 percent of net gains per market under the August 19, 2026 schedule. Parlays use a separate Fee Schedule for Parlay Contracts. Homepage summarizes the straight fee as 2 percent on winnings. The exact parlay percentage was not safely reducible to one public headline. No conventional trial. Account access is free; real trading requires funds. The current trade-$10/get-$20 credit is a promotional program, not a trial and not an evergreen comparison factor.
Web, iOS, Android; a high-frequency API is promoted for market makers.
Nevada exclusion; Straight fee applies to net gains; Parlay fee cannot be summarized from the public landing page alone; Partial fills and unmatched orders; No complete public funding-method list verified; Vendor liquidity and market-count claims are not independently audited

Checked August 31, 2026 for Novig vs ProphetX. Reconfirm Novig ProphetX prices, access, and modes. Coverage and app features may change.

Novig: Fee-transparent, sports-first exchange trading

What it is. Direct CFTC-designated sports prediction exchange with peer-to-peer maker and taker orders. Pregame and live straight markets, make and take orders, props, futures, hedging or cash-out when executable, and quoted parlays.

Access. 21+, physically present in the US, KYC required, and not currently operating in Arizona, Michigan, or Nevada. Ludlow Exchange received DCM designation June 16, 2026.

Price or fees. No subscription. Pregame straight app and web trades have no maker or taker fee. Live straight takers pay 0.03 x P x (1-P) per contract. Parlay takers pay 0.10 x P x (1-P), included in the quote. Maker fee is $0. No conventional trial. Free account access is separate from funded trading. Any deposit or maker credit is promotional and should not drive the verdict.

Platforms. Web, iOS, Android; an API exists for specified workflows.

Coverage. NFL, NBA, MLB, UFC, college sports, NHL, golf, tennis, soccer, and other sports shown in current official materials, with player props, futures, and live markets.

Why it fits. Explicit fee formulas; Fee-free pregame straight app and web trades; Order-book controls; Native apps and web; Public Fair Value Settlement explanation

Limitations. 21+ baseline; AZ, MI, and NV exclusions; New DCM product history; Variable liquidity and fills; Live taker and parlay fees; Fair Value Settlement complexity

ProphetX: Sports exchange users who want to post a preferred price

What it is. Direct CFTC-designated peer-to-peer sports prediction exchange using an anonymous electronic central limit order book. Accept current prices or post a preferred price, pregame and live markets, moneylines, spreads, totals, player markets, futures, parlays, early trade-out where matched, and market-maker API access.

Access. Official homepage requires age 18+ and states nationwide access except Nevada, subject to where-legal terms and higher local age. ProphetX received DCM designation June 11, 2026. Treat access wording as a company statement, not independent blanket legal advice.

Price or fees. No subscription. All straight trades are charged 2 percent of net gains per market under the August 19, 2026 schedule. Parlays use a separate Fee Schedule for Parlay Contracts. Homepage summarizes the straight fee as 2 percent on winnings. The exact parlay percentage was not safely reducible to one public headline. No conventional trial. Account access is free; real trading requires funds. The current trade-$10/get-$20 credit is a promotional program, not a trial and not an evergreen comparison factor.

Platforms. Web, iOS, Android; a high-frequency API is promoted for market makers.

Coverage. Current official surfaces list MLB, NBA, NHL, NFL, college football and basketball, soccer, tennis, golf, UFC and boxing, Formula 1, cricket, WNBA, NASCAR, NWSL, and esports. Exact market counts and availability remain volatile.

Why it fits. Sports-specialist order book; Simple straight-market fee basis; Ability to set a price; Web and native apps; Broad documented sports menu; Segregated participant funds disclosed

Limitations. Nevada exclusion; Straight fee applies to net gains; Parlay fee cannot be summarized from the public landing page alone; Partial fills and unmatched orders; No complete public funding-method list verified; Vendor liquidity and market-count claims are not independently audited

Fees use different bases

Novig's pregame straight app and web trades are currently fee-free, with separate live and parlay taker formulas. ProphetX charges 2 percent of net gains on straight markets and uses a separate parlay schedule. A fee comparison does not establish the better price because spread, depth, fill, and exit also matter.

Age and state wording differ

Novig requires 21+ and currently excludes Arizona, Michigan, and Nevada. ProphetX requires 18 or the higher local age and states nationwide access except Nevada. These are current product access rules, not an independent legal opinion for every sports contract and jurisdiction.

Two similar products still need order level checks

Both offer sports-first order books, live markets, player markets, futures, parlays, and native apps. The practical choice should be made on the exact contract, executable price, order size, fee, settlement rule, and available exit rather than a platform wide claim.

How to choose

Step
Decision
1
Confirm the exact account, location and contract eligibility.
2
Compare the order’s fees, spread, available depth and possible exit costs.
3
Read settlement and funding rules for the specific product, not another product with the same brand.

How we compared and what the evidence covers

We compared the current direct exchange products by designation, age and location rules, trade specific fees, order workflow, platforms, sports scope, and evidence quality. No funded trades or synchronized books were tested.

This static comparison cannot establish execution quality, market depth, or future access. Current order confirmation, contract rules, and location checks control every real trade.

For Novig vs ProphetX, official terms, prices, and platform listings were checked. Novig vs ProphetX product documents were reviewed through August 31, 2026.

Frequently asked questions

Is Novig better than ProphetX?

Novig can fit users prioritizing current fee-free pregame straight app and web trading. ProphetX can fit users who prefer its lower age baseline, price posting workflow, and broad sports menu. There is no universal winner.

Which charges lower fees?

Novig currently charges zero maker and taker fees on pregame straight app and web trades. Other Novig trade types and ProphetX straight or parlay trades use different fee bases, so total cost remains transaction-specific.

Which is available in more states?

Novig currently excludes Arizona, Michigan, and Nevada. ProphetX says nationwide except Nevada, subject to local age and where legal terms. Always verify current access in the product.

Which has better odds or liquidity?

No product wide winner is supported without same event, time, contract, and size evidence.

Are both CFTC regulated exchanges?

Yes. Both current products are direct CFTC designated contract markets, but that does not create a blanket state legality conclusion.

Sources

  1. 01
    S01. CFTC Ludlow DCM record. Checked August 31, 2026.
  2. 02
    S02. Novig rules and restrictions. Checked August 31, 2026.
  3. 03
    S03. Novig fees. Checked August 31, 2026.
  4. 04
    S04. Novig payments. Checked August 31, 2026.
  5. 05
    S05. Novig maker and taker orders. Checked August 31, 2026.
  6. 06
    S06. Novig iOS. Checked August 31, 2026.
  7. 07
    S07. Novig Android. Checked August 31, 2026.
  8. 08
    S08. CFTC ProphetX designation order. Checked August 31, 2026.
  9. 09
    S09. ProphetX homepage and access disclosure. Checked August 31, 2026.
  10. 10
    S10. ProphetX trading fees. Checked August 31, 2026.
  11. 11
    S11. ProphetX rulebook. Checked August 31, 2026.
  12. 12
    S12. ProphetX risk disclosure. Checked August 31, 2026.
  13. 13
    S13. ProphetX iOS. Checked August 31, 2026.
  14. 14
    S14. ProphetX Android. Checked August 31, 2026.

Related

  • Prediction Markets→
  • Novig Review→
  • ProphetX Review→
  • Best Prediction Market Apps and Platforms→
  • US availability guide

    Jurisdiction availability on TipMaster Platforms

Keep exploring TipMaster Compare

Back to all guides →

TipMaster publishes this guide. Its Co Founder and CEO, Bar Worcel, is the author. Product fit is distinguished from betting performance.

On this page

  • Novig vs ProphetX: Which Sports Exchange Fits You?
  • Quick Answer
  • Which option fits your needs?
  • At a glance
  • Novig: Fee-transparent, sports-first exchange trading
  • ProphetX: Sports exchange users who want to post a preferred price
  • Fees use different bases
  • Age and state wording differ
  • Two similar products still need order level checks
  • How to choose
  • How we compared and what the evidence covers
  • Frequently asked questions
  • Is Novig better than ProphetX?
  • Which charges lower fees?
  • Which is available in more states?
  • Which has better odds or liquidity?
  • Are both CFTC regulated exchanges?

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