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Webull Introduces $0 Commission Trading on Pro Football Big Game Prediction Markets

Webull (NASDAQ: BULL) on Jan. 27, 2026 introduced $0 commission trading for Pro Football Big Game prediction markets via a partnership with Kalshi, a CFTC-regulated prediction market exchange.

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Rhea-AI Summary

Webull (NASDAQ: BULL) on Jan. 27, 2026 introduced $0 commission trading for Pro Football Big Game prediction markets via a partnership with Kalshi, a CFTC-regulated prediction market exchange. The platform offers event contracts across sports, economic indicators, crypto and more, letting users trade on market-implied probabilities and buy or sell positions before events conclude. Webull launched prediction markets in Q3 2025 and reported significant quarter-over-quarter growth since rollout. Features include a central Prediction Market Hub, community sentiment displays, and a Predict 101 Help Center with educational resources. Availability and features vary by jurisdiction and participation is subject to applicable rules and exchange fees.

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Positive

  • $0 commission trading on Big Game prediction contracts (exchange fees apply)
  • Partnership with Kalshi, a CFTC-regulated prediction market exchange
  • Prediction Market Hub centralizes event contracts and disclosures
  • Predict 101 Help Center provides educational resources for users

Negative

  • Exchange fees still apply despite $0 commission on trading
  • Availability and features may vary by jurisdiction, limiting access for some users
Argus Jan 27 session
-0.78% close to close Open Argus
Details

News Market Reaction – BULL

On Jan 27, the day this news came out, BULL closed 0.78% below the previous close.

Data tracked by StockTitan Argus for the Jan 27 session.

Key Figures

Commission rate: $0 commission
Commission rate
$0 commission
Trading Big Game prediction market contracts (exchange fees apply)

Historical Context

5 past events · Latest: Jan 13
5 events
  1. Jan 13

    Platform partnership

    24h Move
    -1.1%

    Level2 no-code automation tools integrated into Webull’s trading environment.

  2. Nov 20

    Earnings results

    24h Move
    +0.4%

    Strong Q3 2025 revenue growth, record customer assets, return to profitability.

  3. Nov 17

    Futures partnership

    24h Move
    -5.6%

    CQG technology to support new Singapore futures trading offering.

  4. Nov 12

    Global expansion deal

    24h Move
    +2.6%

    Strategic partnership with Meritz to enter South Korea and link markets.

  5. Nov 10

    AI product launch

    24h Move
    +0.7%

    Launch of Vega AI decision partner for real-time investing insights.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

cftc-regulated, prediction markets, event contracts, market-implied probabilities, +1 more
5 terms
cftc-regulated regulatory
"through its partnership with Kalshi, a CFTC-regulated prediction market exchange"
CFTC-regulated means a trading firm, exchange, broker, or derivatives product is overseen by the U.S. Commodity Futures Trading Commission, the federal agency that sets rules for futures, options and certain swaps. Think of it like a referee enforcing rules and record-keeping: regulation requires transparency, financial safeguards and reporting that help reduce fraud and operational risk, giving investors clearer information and legal protections when trading regulated derivatives.
prediction markets financial
"Webull's prediction markets allow users to trade on how they think events will unfold"
Prediction markets are exchanges where people buy and sell contracts that pay out based on the outcome of a future event, effectively turning collective beliefs into a price that reflects the market’s estimated probability. Like a sports betting line or a crowd-sourced weather forecast, they aggregate diverse information and sentiment into a single, continuously updated signal that investors can use to gauge market expectations, inform timing, assess risk, or construct hedges.
event contracts financial
"offers sports prediction markets through its partnership with Kalshi, a CFTC-regulated prediction market exchange. Webull gives users access to event contracts across sports"
Contracts whose payment or settlement depends solely on whether a specific, predefined event happens or not — for example a drug approval, a corporate takeover, a loan default, or a weather disaster. Think of them like a focused bet or insurance policy: investors can use them to take a targeted position, hedge exposure, or speculate on an outcome without owning the underlying company, and their results can rapidly change an investor’s gains, losses and risk profile when the event occurs.
market-implied probabilities technical
"allowing them to trade on market-implied probabilities for major live events"
Market-implied probabilities are chances extracted from current prices of traded securities or derivatives that reflect the collective expectations investors have about future events or outcomes (for example, price moves, earnings surprises, or policy decisions). They matter because they convert market prices into a simple forecast—like reading betting odds—helping investors judge whether a possible outcome is already priced in and decide if an asset looks under- or overvalued relative to their own view.
exchange fees financial
"trade Big Game and related contracts with $0 commission (exchange fees apply)"
Exchange fees are the costs charged by the marketplace where stocks, bonds, or other securities are bought and sold, similar to a toll you pay to use a road. They matter to investors because they add to the total cost of trading and can reduce investment returns, influence how often or how much someone trades, and affect the practical profitability of short-term strategies. Small, repeated fees can meaningfully change outcomes over time.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Regulated event contracts let users trade on market-implied probabilities 
for the big game

NEW YORK, Jan. 27, 2026 /PRNewswire/ -- Webull (NASDAQ: BULL), an online investment platform, offers sports prediction markets through its partnership with Kalshi, a CFTC-regulated prediction market exchange. Webull gives users access to event contracts across sports, economic indicators, cryptocurrency, and other markets, including the Big Game, allowing them to trade on market-implied probabilities for major live events.

Webull's prediction markets allow users to trade on how they think events will unfold, turning opinions about real world outcomes into potential profits. Prediction markets reflect real time reactions as new information emerges, enabling users to buy and sell contracts tied to possible results as prices change with shifting probabilities. Since the rollout in Q3 2025, Webull has seen significant quarter-over-quarter growth in prediction market trading.

"Sports prediction markets represent a natural extension of how our users already interact with markets," said Anthony Denier, Group President & U.S. CEO at Webull. "Users can now access regulated event-based markets in a way that feels intuitive to investors who already understand how prices reflect probabilities." 

Users can buy and sell positions at any time to change their mind or lock in gains before an event ends. Unlike traditional sports bets, prediction markets use probability trading and market-driven pricing, letting users follow sentiment shifts, trade Big Game and related contracts with $0 commission (exchange fees apply), and participate in community features that show aggregated market sentiment and enable discussions on the platform.

Users can access available sports event contracts through Webull's Prediction Market Hub, which serves as the central destination for all prediction markets and related disclosures. For users looking to better understand how prediction markets work, Webull provides comprehensive educational resources, outlining product mechanics, terminologies, and important considerations through the dedicated Predict 101 Help Center.

This expansion further establishes Webull's presence in the growing category of event-driven markets, reinforcing its focus on interactive, market-based experiences grounded in real-time information. Availability and features may vary by jurisdiction, and participation is subject to applicable rules and regulations. 

For more information, visit www.webull.com.  

###
About Webull US 

Webull is a leading online investment platform built on next generation global infrastructure. Users of the Webull platform are empowered to pursue their financial goals with advanced charting tools, cutting-edge technology, and real-time market data. Through Webull's online brokerage, self-directed investors can access low-cost trading across a wide range of assets, including securities, options, and futures, along with wealth management services. Webull Financial LLC ("Webull Financial") is registered as a broker-dealer with the Securities and Exchange Commission (SEC) and a futures commission merchant registered with the Commodity Futures Trading Commission (CFTC). Webull Financial is a member of the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), and the Securities Investor Protection Corporation (SIPC). Advisory accounts and services are provided by Webull Advisors LLC, an investment advisor registered with the SEC. Registration does not imply a level of skill or training. Event contract trading is highly speculative and may not be suitable for all investors. Webull asks customers to carefully consider all risks associated with an investment in an Event Contract, including without limitation the risks set forth in the disclosure documents linked below, and consult with a financial professional and any other advisors that you deem appropriate before investing in any Event Contract. All investing is subject to risk, including the possible loss of principal. Options involve unique risks not suitable for all investors. Please visit www.webull.com/disclosures to read the applicable disclosure documents. For more information about Webull, visit www.webull.com.

About Webull Corporation 

Webull Corporation (NASDAQ: BULL) owns and operates Webull, a leading digital investment platform built on next-generation global infrastructure. Through its global network of licensed brokerages, Webull offers investment services in 14 markets across North America, Asia Pacific, Europe, and Latin America. Webull serves more than 25 million registered users globally, providing retail investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures, fractional shares, and digital assets through Webull's trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at https://www.webullcorp.com/. 

Webull Media Contact 
Nicholas Koulermos 
Webull@5WPR.com 
(212) 999 - 5585 

 

Cision View original content:https://www.prnewswire.com/news-releases/webull-introduces-0-commission-trading-on-pro-football-big-game-prediction-markets-302670228.html

SOURCE Webull Financial LLC

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Webull (BULL) announce on Jan. 27, 2026 about Big Game trading?

Webull announced $0 commission trading for Pro Football Big Game prediction contracts via a partnership with Kalshi.

How are prediction markets on Webull different from traditional sports bets?

Prediction markets trade on market-implied probabilities with market-driven pricing and allow buying or selling positions before events end.

Is Kalshi regulated for Webull's prediction markets on BULL?

Yes; the partnership is with Kalshi, a CFTC-regulated prediction market exchange.

Will Webull charge any fees for Big Game prediction trades?

Webull offers $0 commission but exchange fees still apply according to the announcement.

When did Webull first roll out prediction markets?

Webull rolled out prediction markets in Q3 2025 and reported significant quarter-over-quarter growth since then.

Where can investors find information and rules for Webull prediction markets (BULL)?

Information is available in the Prediction Market Hub and the Predict 101 Help Center, with participation subject to local rules and regulations.

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