Kalshi

Kalshi

4.2 out of 5 stars
Kalshi Melbo

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Kalshi:

About

Kalshi is a federally regulated derivatives exchange built for quants. Kalshi’s markets are volatile and settle daily, which means even a small edge can be extremely profitable. Trading is fully-cash collateralized, so you can never lose more than you put into a trade, and contracts can be purchased for as little as $0.01. Kalshi supports trading through its native app (iOS & Android), website, and API. The latter features extensive documentation, open-sources sample code, and live technical support. Getting started with an algorithmic strategy is as easy as `pip3 install kalshi_python`. The following data is available for free on both the website and API: * Historical spreads: Use past pricing data to set up back-tests within minutes. * Low-latency broadcasts: Receive live updates of market price movements and trade executions. * Economic projections: Build strategies using Kalshi’s proprietary forecasting tools.
Melbo:

About

Melbo is a web prediction-market interface for trading shares tied to real-world event outcomes. Each market presents a Yes/No question; share prices reflect the market’s implied probability, and a correctly resolved share pays $1. Users browse markets spanning politics, sports, esports, crypto, business, science and other subjects, and can buy or sell positions before resolution. Accounts use email, Google or Telegram sign-in and include an embedded non-custodial wallet. Users fund it with USDC on Polygon; the minimum trade is $1, and Melbo covers network gas. Trades are routed to third-party smart-contract markets and outcomes are settled through a decentralized oracle. Market orders incur a 1% platform fee plus a category-dependent liquidity fee; limit orders, deposits, withdrawals and payouts are fee-free. The service is for adults 18 and older, subject to geographic restrictions, and trading can result in loss of funds.
Kalshi:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported
Melbo:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
Kalshi:

Audience

Traders, algotraders, commodity traders, stock traders, options traders
Melbo:

Audience

Adults interested in prediction markets and event trading
Kalshi:

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported
Melbo:

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported
Kalshi:

API

Offers API Supported
Melbo:

API

Offers API Not Supported
Kalshi:

Screenshots and Videos

Melbo:

Screenshots and Videos

No images available
Kalshi:

Pricing

$0
Free Version Supported
Free Trial Not Supported
Melbo:

Pricing

Market orders incur a 1% platform fee plus a category-dependent liquidity fee. Limit orders, deposits, withdrawals and payouts are fee-free. Minimum trade: $1; network gas is covered by Melbo.
Free Version Supported
Free Trial Not Supported
Kalshi:

Reviews/Ratings

Overall 4.2 / 5
ease 4.2 / 5
features 4.0 / 5
design 4.4 / 5
support 4.2 / 5
Melbo:

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software
Kalshi:

Pros & Cons from Real Users

Pros

  • Nothing.
  • Kalshi is great - it lets me take positions based on my interests and preferences that I can't take on any other exchange. It's a great way to trade on my belief of certain market factors without taking unknown risks.
  • Trading on the S&P and Nasdaq markets has been useful to generate daily income consistently. The strike prices are kinda similar to Iron Condor options, but easier to understand. The extended trading hours 7 days a week are sweet + the volume incentive program is pretty sick!
  • Fast execution, low fees, user-friendly interface, real-time data, diverse assets, secure, reliable.
  • Great clean interface. I really enjoyed browsing through the markets and learning about them. It's a pretty unique place to be honest because you are trading on events and their probability of happening. I used to work in finance and I would have killed to have had access to this when we were hedging our portfolio's or had strong macro views.

Cons

  • Ok this Kalshi officially has the worst customer support ever. Only email (have sent 8 emails so far).
  • None really, besides some markets needing some additional liquidity
  • Small feedback: Support larger deposits and faster transactions.
  • Limited API calls, steep learning curve, lack of order groups, occasional downtime, requires coding.
  • Downside is that there are too many great markets for me to trade at one time. Honestly, if you have a view on the world you will find it on Kalshi and then put your entire deposit into it and at least in my case, make some money. Issue is, you will in no time find another market you want to get in to.
Kalshi:

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported
Melbo:

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported
Kalshi:

Company Information

Kalshi
Founded: 2018
United States
www.kalshi.com
Melbo:

Company Information

Melbo
British Virgin Islands
melbo.io
Kalshi:

Alternatives

Capitalcore

Capitalcore

5.0 out of 5 stars
Melbo:

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Kalshi:
Melbo:
Kalshi:
Melbo:
Polkamarkets

Polkamarkets

Polkamarkets Labs
Kalshi:
Melbo:
Kalshi:
Melbo:
Kalshi:

Categories

Crypto Supported
Prediction Market Supported
Melbo:

Categories

Prediction Market Supported
Kalshi:

Integrations

Bitcoin Supported
DeskBot Supported
Google Not Supported
Mantapex Supported
Mimasa AI Supported
Polygon Not Supported
PropLine Supported
QuantVPS Supported
Solana Supported
Telegram Not Supported
Melbo:

Integrations

Bitcoin Not Supported
DeskBot Not Supported
Google Supported
Mantapex Not Supported
Mimasa AI Not Supported
Polygon Supported
PropLine Not Supported
QuantVPS Not Supported
Solana Not Supported
Telegram Supported
Kalshi:
Claim Kalshi and update features and information
Claim Kalshi and update features and information
Melbo:
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Claim Melbo and update features and information