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FOREX.com and Kalshi Team Up to Offer Election Market Trading Options

Source: Bery

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US brokerage FOREX.com, owned by StoneX, has entered into a strategic partnership with Kalshi, a CFTC-regulated platform specializing in event-based trading. This collaboration allows FOREX.com clients to participate in the upcoming US Presidential Election through Kalshi's platform, enabling users to trade contracts based on political outcomes alongside their forex investments.

The partnership introduces unique trading opportunities, with clients able to engage in political event-based trading in addition to traditional forex markets. As part of the new venture, clients who participate in election trading on Kalshi will receive a $20 bonus, subject to specified conditions.

Sixto Alonso, Regional Director of FOREX.com Americas, highlighted the strategic vision behind the collaboration, stating, "We remain steadfast in our commitment to providing our clients with tools and products that enhance their trading experience and broaden their ability to access political and market events." Alonso further emphasized that this marks the beginning of future event-based offerings.

Kalshi, recognized as the first legal prediction market in the United States, has seen significant growth. Its founder, Tarek Mansour, noted, "As the first and largest regulated prediction market, Kalshi's vision is to bring this asset class mainstream. We are excited to partner with FOREX.com to offer election markets to their hundreds of thousands of customers." Kalshi's platform recently facilitated over $100 million in trading volume within a month, indicating a strong demand for such market-based predictions.

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