Use the ProphetX promo code COVERS to claim a Trade $40, Get $40 welcome offer, available as of Tuesday, Nov. 3. A code is required, and new users can put it to work on 2026 U.S. Midterm Election Night markets. ProphetX ranks among the best prediction market apps for trading real-world event contracts, including politics.
Trade $40, Get $40 With Code COVERS
ProphetX promo code details
| ProphetX New Customer Offer | Trade $40, Get $40 |
| ProphetX Promo Code | COVERS |
| Minimum Deposit | $40 |
| Qualifying Transaction | $40 |
| Eligibility | New Customers, 18+ in All states + DC (excluding Nevada) |
| T&Cs |
Federally regulated. Live nationwide. Trading sports event contracts involves substantial risk of loss and is not appropriate for all investors. Past results are not necessarily indicative of future results. You should consider whether trading is appropriate for you in light of your financial circumstances. ProphetX is a CFTC-regulated designated contract market. Full risk disclosure available at prophetx.co/risk. |
| Date Verified | November 3 |
| Info Confirmed By | Joshua Howe |
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How the ProphetX Promo Code Offer Works
New users who register with the ProphetX promo code COVERS can unlock a $40 trading bonus. A code is required, and the offer is ongoing. To qualify, make an initial deposit of at least $40 and trade at least $40 in event contracts. Election night is a natural first trade, with House and Senate control markets open as results arrive.
Polls begin closing at 6 p.m. ET in parts of Indiana and Kentucky, and the final polls in Alaska close at 1 a.m. ET. ProphetX lists real-world event contracts across politics, sports and culture, so you can select a midterm market that fits your first $40 trade.
The bonus is credited once you complete $40 in trades, regardless of whether those trades win or lose. Here is how that plays out on election night:
- If your first $40 trade on a midterm contract settles in your favor, you collect the payout on that contract, and the $40 bonus is still credited.
- If your first $40 trade settles against you, the $40 bonus is still credited because the offer only requires that you complete $40 in trades.
Other terms apply:
- The offer is available in all states and Washington, D.C., excluding Nevada.
- You must be physically present in an eligible location.
- You must sign up with the code and verify your identity with a government ID or passport, plus a selfie of you holding that ID.
Prediction market percentages reflect trading prices rather than reported vote shares or declared winners, and they can shift as returns are released. Compare the best prediction market promos to see how this offer stacks up.
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What Is the ProphetX Promo Code?
The ProphetX promo code is COVERS. Enter it at sign-up, deposit at least $50, and complete $40 in qualifying trades to receive a $40 trading bonus, regardless of whether those trades win or lose.
Use the correct ProphetX promo code for your state
ProphetX operates as a federally regulated exchange under the Commodity Futures Trading Commission (CFTC). Unlike sportsbooks, ProphetX allows traders to engage in event-based contracts rather than traditional gambling markets.
| ProphetX Promo Code | Eligible States |
| COVERS | All states + DC, excluding NV |
How To Claim the ProphetX Bonus for Midterm Election Night
Follow these steps to register and complete your first qualifying trade on election night.
- Click the link in this article to open the ProphetX app or desktop site and tap Register.
- Enter your personal details and the code COVERS, then verify your identity with a government ID or passport and a selfie holding it.
- Enter the one-time PIN ProphetX texts you to activate your account.
- Deposit at least $40 in the banking section.
- Browse the 2026 U.S. Midterm Election Night markets and trade at least $40 in event contracts.
- Receive your $40 bonus once the qualifying trades are complete, win or lose.
Affiliate Disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.
