Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Qué Es) Pick polygram.ink (preferred broker) |
48% | 52% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
48% | 52% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | See live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | See live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | See live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | See live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| No Meeting by September 30 | 48% |
| Switzerland | 19% |
| Pakistan | 11% |
| Qatar | 9% |
| Oman | 6% |
| Austria | 1% |
| Turkey | 1% |
| Italy | 1% |
| Other | 1% |
| UAE | 0% |
| Saudi Arabia | 0% |
| Iran | 0% |
| USA | 0% |
| Egypt | 0% |
| Iraq | 0% |
| Kazakhstan | 0% |
| Russia | 0% |
| Other - Middle East/North Africa | 0% |
| Other - Europe | 0% |
Market context
Polymarket has this market at **34% YES**, which prices in a meaningful chance that the next formal senior-level US-Iran round starts somewhere other than Switzerland before the end of the settlement window. The contract settles on the **country** where that next qualifying in-person meeting begins, so on-chain holders of the conditional tokens care less about whether talks advance and more about where the first senior-level session is actually gavelled in, with settlement running in **USDC on Polygon**.
Recent precedent has leaned heavily on Switzerland and nearby neutral venues, but the pattern is not fixed. The first round concluded in Switzerland on 22 June with mediators saying the sides had agreed a roadmap towards a final deal and further technical talks were due[17]. Earlier coverage also pointed to Geneva as a possible signing venue, while subsequent rounds have shifted between Switzerland and Doha, showing that location has followed the stage of negotiations rather than any single permanent host[1][3][6][7]. For a trader, that history supports a mid-range price: Switzerland has credibility, but it is not locked in.
The main catalysts are formal announcements from mediators, especially Pakistan and Qatar, plus any confirmation of a senior-level session after the technical track. Reuters reported Doha talks on 1 July, focused on Hormuz and frozen funds, and noted no major breakthrough[3]. NPR also reported Trump saying talks would resume in Qatar, with a White House official describing technical talks as on track[7]. The next move in this market will likely come from a venue announcement, a diplomatic schedule leak, or a shift in who is leading the delegation, rather than from headlines about the broader conflict.
Methodology
This page is a comparison snapshot: one live quote, four reference venues with their key attributes, and a single execution path — every trade button routes to Polymarket Qué Es, which mirrors the Polymarket order book directly.
Resolution & payout
Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.
Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.
FAQ
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is Polymarket Qué Es. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- Is this market available outside the US?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- What does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- How fast are USDC deposits?
- Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Polymarket Qué Es trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
Trade Pronóstico: Where will the next next round of US-Ira… on Polymarket Qué Es
Live order book, 0% fees, USDC settlement in seconds.
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