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The Index 100/Platforms/Railbird
Platform profileRank 06 of The Index 100

Railbird

A US exchange approved by the CFTC as a designated contract market for event contracts — regulated and growing.

Last reviewed
23 June 2026
Facts as of
June 2026
Headquarters
USA
The Index 100 score
74/100
Illustrative editorial example
The scorecard

100 points, split five ways.

Each platform is scored against the same five-part rubric, weighted toward regulation and reliable payouts. Scores are illustrative editorial judgments, not investment advice.

See the full weighting →

Regulation & trust25/30

CFTC-approved designated contract market, strong standing as a newer venue.

Market selection & liquidity14/25

A developing market menu; breadth still building.

Fees & costs15/20

Costs competitive; confirm the current schedule.

Usability & experience12/15

Straightforward onboarding for a young platform.

Payouts & support8/10

Exchange-cleared settlement; support maturing.

Key facts

What you're actually dealing with.

Regulatory status
CFTC-approved designated contract market (DCM).
as of Jun 2026
Custody of funds
Within the regulated exchange framework; settles in US dollars.
as of Jun 2026
Fees
Per-contract costs apply; confirm current terms.
as of Jun 2026
Market categories
A growing set of event contracts.
as of Jun 2026
Eligibility
US users meeting verification.
as of Jun 2026
Outside the US
US-focused.
as of Jun 2026
Funding

Getting money in.

ACH bank transferNo fee · same to a few business days
Debit cardFast funding · card terms may apply
Wire transferFor larger amounts · bank fees may apply
Withdrawal

Getting it back out.

ACH to bankNo platform fee · 1-3 business days typical
WireFaster for large sums · bank fees may apply
VerificationIdentity checks may apply before first payout

Funding and fee details as of June 2026 and illustrative. Verify current terms with the platform before depositing.

What readers tell us

Useful, not uncritical.

4.0
Avg · 3 illustrative notes
★★★★☆

Promising newcomer with real CFTC approval; I am watching the menu grow.

Illustrative reader, US-based
★★★☆☆

Liquidity is thinner than the leaders today, as you would expect.

Illustrative reader, events
★★★★☆

Glad to see more regulated competition in the space.

Illustrative reader, economics markets

Reviews are illustrative editorial examples, not verified customer testimony.

Availability

Is Railbird open to you?

Railbird is available to verified US-based users. Eligibility still depends on your age and state rules, which can change.

We don't earn from platforms and don't provide sign-up or affiliate links. Where a platform is available to you, open an account directly through its own website, and only after you've read the rules and your eligibility.

Available to you

Availability as of June 2026 · illustrative

A note on risk —

A clear regulator does not make a platform safe to over-trade. Prediction markets can lose you money; trade only what you can afford to lose, never to chase losses, and never on borrowed money. If it stops feeling like a choice, step back. In the US call or text 1-800-GAMBLER or visit ncpgambling.org.

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