Is ProphetX legal in Florida?

Last reviewed 2026-09-18

Catie Di Stefano — Founder & Editor-in-Chief
Catie Di StefanoFounder & Editor-in-Chief
Reviewed by Catie Di Stefano

At a glance

Yes — ProphetX is available in Florida. Eligible residents aged 18+ can trade CFTC-regulated sports event contracts on the iOS or Android app. New traders deposit $10 with code COLLEGEPM to get $20.

Why ProphetX is available in Florida

ProphetX holds CFTC approval as a designated contract market and a derivatives clearing organization, granted in June 2026. That is federal oversight of event contracts, which is why the product went live nationwide instead of state by state. Florida residents trade under the same rules as everyone else on the exchange.

Using ProphetX from Florida

Download the app on iOS or Android, verify your identity, and let ProphetX confirm your location. Deposits start at $10 through online banking, wire or crypto. Fees are about 2% of net winnings — nothing on losing or unmatched trades.

What you can trade

Sports only: college football and college basketball, plus the pro leagues, soccer, tennis, golf and combat sports. For admissions, policy or culture markets you'd need Polymarket or Kalshi.

How to sign up from Florida

Create the account, enter COLLEGEPM during sign-up, verify, and deposit $10. Step-by-step walkthrough: how to use ProphetX.

Frequently asked questions

Is ProphetX available in Florida?
Yes. ProphetX is live in Florida following its June 2026 CFTC approval and nationwide launch. You verify your identity and ProphetX confirms your location at sign-up.
Is ProphetX legal in Florida?
ProphetX is a CFTC-approved designated contract market and clearing organization, so its sports event contracts are regulated federally rather than licensed by Florida. Eligible residents aged 18 or over can trade.
What can I trade on ProphetX from Florida?
Sports event contracts only — college football, college basketball, the pro leagues, soccer, tennis, golf and combat sports. There are no politics, admissions or pop-culture markets.
How do I get the ProphetX bonus in Florida?
New traders in Florida can sign up through our link, enter code COLLEGEPM, and deposit $10 for the "Trade $10, Get $20!" offer. Terms are set by ProphetX and may change.

Sources & further reading

Availability and offer terms are set by ProphetX and may change. Outbound trading links are affiliate links — see footer disclosure. Not legal advice.