Founded in 1999, Intrade is an Irish incorporated service business. Our team has almost 80 years combined experience in prediction markets. Intrade.com is considered to be the leading prediction market platform.
Our trading service allows members to transact in the most innovative, transparent and exciting way on political, financial, current and similar event futures. Intrade members trade directly with each other.
When you trade on Intrade you are pitting your wits against other members of Intrade. Intrade provides the platform whereby members can trade between themselves.
Our market data is used by people who want to acquire the predictive intelligence from the Intrade marketplace. They include governments, >100 global media organizations, central banks, investment houses, universities, the military, private traders, consultancies, and public individuals. For example we have supplied market data to CNBC, CNN, FOX, WSJ, FT, New York Times, 7 Federal Reserve Districts, over 50 major universities and graduate schools in the US, the ECB, Cato, Bank of Japan, Bank of England, presidential candidates and major and boutique Wall Street firms.
We have operated public and private prediction market places for Yahoo!, The Financial Times, the National Journal, RealClearPolitics, and Rasmussen Reports. These marketplaces increase page views, content for editorial, community, user "stickiness", average time on a site, and therefore increased advertising revenue. We help our corporate customers increase the value of their business.
In a world of data overload, Intrade helps provide the best predictive information and innovative trading opportunities bar none.
For Press enquiries, please contact press@intrade.com
Exchange trading allows members to trade on contracts against other members.
How does Intrade make money?
By taking a small commission on matched trades. There is no charge for entering an order; there is only a charge when you get a matched trade.
The simple answer is that we cant be sure and this is why we require you to confirm to us that your activities are permissible from your own location. If you are in any doubt if your activities are legal from your location then you should not use our service until you take suitable professional advise.
Whether prediction markets like Intrade can predict more accurately than opinion polls has been studied. Based on past performance prediction markets seem to be more accurate. Does that mean prediction markets like Intrade will be in every instance? No. But we believe that the market mechanism is superior to a polling mechanism. Also, the Intrade prediction market will aggregate information from the polls (and perhaps poll participants will also be influenced by the predictions from the markets).
The predictions or prices on intrade are predictions, they are not guarantees or certainties. A market that is trading at 90, means that there is a 90% chance of the event happening. 90% means the event it is highly likely to occur, but not guaranteed. Intrade's predictions have been wrong in the past, and will be again in the future. However, the Intrade market mechanism of aggregating opinions to give the an estimate of likelihood of an uncertain future event occurring is the best one we know.
Rates and Fees
Exchange Fees
The Exchange charges fees on trades and contract expiries.
There is no charge for entering an order.
Trading Fees only accrue to Price Takers*. The Exchange does not charge a Trading Fee on Price Maker Order**.
Price Makers and Price Takers pay Expiry Fees.
Current Trading and Expiry Fees
| PRICE RANGE (0-100 Contract) | Trader Type | Trading Fee on trades per Lot ($USD) |
|---|---|---|
| Extreme Prices [0-5 and 95-100] | Price Taker | 0.03 |
| Price Maker | 0.00 | |
| All other Prices[ >5 and <95] | Price Taker | 0.05 |
| Price Maker | 0.00 | |
| Expiry Fee per Lot ($USD) | ||
| 0 to 100 | In the Money (Profit) Positions | 0.10 |
| Out of the Money (Loss) Positions | 0.00 | |
*A Price Taker Order is defined as any order placed on the Exchange that is immediately matched / filled by an existing BID/ASK on the system.
** A Price Maker Order is defined as any order placed on the Exchange that is not immediately matched / filled by an existing BID/ASK on the system.
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Example: Price Maker Orders.
A contract is currently 52 Bid, 55 Ask(offer). You enter an order to buy 10 contracts at 53 and it does not get matched immediately. If/when this order is filled by another member, you will pay NO TRADING FEE for that order.
If you close out the position by trading out of the position, normal trading fee rules will apply.
If the trade remains open until the event concludes and the contract expires resulting in a winning position for you, you will pay an expiry fee of USD$1.00 (10*$0.10). If the position expires at a loss for you, you will NOT pay any expiry fees.
All fees are collected upon trade execution or expiry.
There are no fees for deposits. When sending a check/money order for $500 or more, ask for our FedEx number to send it express at our expense. Intrade absorbs bank charges on bank transfers deposited to your Intrade account but your bank may charge you independently for wiring funds.
There is a $20.00 charged by the Exchange for processing a bank wire transfer withdrawal. All fees charged for processing the wire by the sending bank, the receiving bank or any intermediary bank the transfer is routed through are payable by the receiver of the transfer (i.e the exchange member requesting the withdrawal). These fees will not be covered or refunded by the Exchange.
The cost of issuing a withdrawal check is payable by the receiver (i.e the exchange member requesting the withdrawal) and will be deducted from the withdrawal amount requested. This will be done by the issuing bank and not by the Exchange. Details of the cost of issuing the check will be attached to the check itself when it is received. For your first check withdrawal per calendar month you will incur only the cost of issuing the check. Any further check withdrawals in the same calendar month will incur a $10.00 admin fee from the Exchange, in addition to the cost of issuing the check. You may request to have your check sent by FedEx but regret that we must pass on the FedEx fee of $30.
Email -
You can contact us via email:
Member/general enquiries: help@intrade.com
Press enquiries: press@intrade.com
Marketing enquiries: marketing@intrade.com
Careers: recruitment@intrade.com
Affiliate/Partner enquiries: affiliates@intrade.com
Telephone -
Intrade Representatives based in Dublin, Ireland are available to assist you from 1:30PM to 9:30PM Dublin Time (8:30am - 4:30pm ET), Monday to Friday.
From the US: 011-353-1-685-4363 Or: +353-1-685-4363 Please note: No orders may be entered or cancelled by Intrade Representatives.
Mail -
Alternatively, you can contact us by mail at the following address:
Intrade
Unit A1, Hume House
Hume Centre, Hume Avenue
Park West Industrial Park
Dublin 12, IRELAND
Fax -
You may also send a fax to us at +353-1-5240958