Kalshi's taker fee is 0.07 × contracts × price × (1 − price), times the series multiplier (1 by default) and rounded up to the next cent, so it peaks at 1.75¢ per contract at a 50¢ price. Resting (maker) orders are free on standard series and pay a fee only on the series Kalshi lists with maker fees.
Country-by-country rules, regulator actions and sources for Polymarket and Kalshi.
This is not legal advice, and we don't say whether trading is legal for you in Portugal. We report what each platform's published rules say about Portugal and the public regulator, court and police actions we could source, each with a date. Those rules change fast, so check the platform's current terms and the law in Portugal before doing anything. ‘Not listed’ only means a platform's own list doesn't name Portugal; it doesn't mean trading there is permitted.
Status under each platform's own published rules, and the most recent public action we could source, as of 2026-09-24.
Last public action: 2026-01-20 · SRIJ (Serviço de Regulação e Inspeção de Jogos) · ISP block ordered (Polymarket)
Source: Secondary report
Dated public actions on record: 2
This page keeps two things apart for Portugal: what each platform's own published rules say, and what regulators, courts and police in Portugal have publicly done. A platform's list is its own policy and a government order is the government's, so a country can be on one and not the other.
The status labels are the same as in the main table. Restricted means the platform's own list blocks trading from Portugal. Close-only means existing users there can close positions but can't open new ones. Some regions means only named regions are restricted. Separate product means residents use a different, separately regulated product, as US residents do with the Polymarket US app. Not listed means the platform's published list doesn't name Portugal; that is not the same as permitted, and a regulator may still block the site.
Polymarket publishes two official lists that don't fully match: its Help Center page (updated August 14, 2026) and its developer docs (undated). We follow the dated Help Center list and say where the developer docs differ. Kalshi statuses follow its Member Agreement as fetched on September 24, 2026; the agreement itself is undated.
Each action shows the authority as it names itself, what it did, the platform it concerns and the date: the date of the action where it was published, otherwise the date it was first reported. Every entry is marked Official, Platform document or Secondary report. Where only secondary reporting exists, we say ‘reported by’ and name the outlet; where official sources conflict, we report both.
‘No public action found’ means our searches found none, not that none exists. Nothing on this page says whether trading is legal for you: for that, check the platforms' current terms and the law in Portugal.
Portugal does not appear on either of Polymarket's official lists: not in the Help Center page on geographic restrictions (updated August 14, 2026) and not in the developer geoblock docs (undated, checked September 24, 2026). Under Polymarket's own rules Portugal is therefore Not listed. That is not the same as permitted: the restriction in Portugal comes from the regulator, not from the platform, and Polymarket has published no Portugal-specific statement that we could find. ECO reported on January 21, 2026 that Polymarket said at the time that 33 countries were subject to some restriction. Polymarket's Portuguese-language site (polymarket.com/pt) remains indexed.
Block type: a DNS block applied by internet providers on the SRIJ's order. MEO blocked polymarket.com ‘on all DNS managed by MEO’ from January 20, 2026, Vodafone Portugal said it had blocked access to the site on its network, and NOS blocked it after notification by the SRIJ (reported by ECO and Renascença on January 21, 2026, and by RTP); Digi and smaller providers are not mentioned in the reports. On June 5, 2026 the consumer portal Portal da Queixa reported that access to the site remained blocked by the national operators. We found no app-store removal order. Polymarket's Help Center says that using a VPN to get around restrictions violates its Terms of Use.
Kalshi's Member Agreement, section VI (Restricted Jurisdictions), as fetched on September 24, 2026, lists Portugal, so Kalshi's status is Restricted. Portugal was not in Kalshi's Exchange Notices of October 23 or November 4, 2025, so it was added later; Kalshi has published no date for the addition that we could find, and the agreement itself is undated. Kalshi's site still carries ‘Portugal’ and ‘Portuguese politics’ tag pages.
Kalshi and the regulator: ECO reported on January 19 and 21, 2026 that Kalshi had also taken more than €1 million in bets on the Portuguese presidential election and offered Liga Portugal matches without a licence, and that its site remained accessible. We found no SRIJ order or public notice directed at Kalshi as of September 26, 2026. Portugal is therefore the mirror image of Brazil and Spain: the regulator blocked the platform that doesn't list the country, while the platform it hasn't acted against lists it.
The regulator is the Serviço de Regulação e Inspeção de Jogos (SRIJ), the gambling regulation and inspection service of Turismo de Portugal. It licenses and supervises online gambling under the Regime Jurídico dos Jogos e Apostas Online (RJO), Decree-Law 66/2015 of April 29. Article 5 of the RJO lists the only online products that may be offered: fixed-odds sports betting, horse-race betting and games of chance; betting on political events is not among them. Article 49 makes operating online gambling or betting without a licence a crime. Portugal's securities regulator, the CMVM, has made no public statement on either platform that we could find. The SRIJ signed the joint statement of nine European gambling regulators on prediction markets of June 18–19, 2026.
The trigger was the presidential election. The first round was held on January 18, 2026; Tek/SAPO reported on January 22, 2026 that more than US$120 million (about €102–103 million) had been traded on Polymarket's market on it. On Monday, January 19, 2026 (secondary sources; the SRIJ has published no press item on its own site), the SRIJ declared that Polymarket has no authorisation to offer bets in Portugal and that ‘under national law the operation of bets on political events or occurrences is not permitted’, and notified the platform to cease within 48 hours, following its standard protocol of notifying the operator and, absent compliance, ordering internet providers to block it. The site was still reachable that day (reported by ECO, January 19, 2026; CoinDesk, January 20, 2026). Brave New Coin dates the order to January 17; ECO and Renascença place the notification on January 19, and this page uses January 19.
January 20–21, 2026 (secondary): the SRIJ ordered internet providers to block the site on January 20, and MEO, Vodafone and NOS applied the block on January 20 and 21 (reported by ECO and Renascença on January 21, 2026, and by RTP). The order targets the operator and the providers. We found no court challenge by Polymarket, no lifted or reversed action, and no SRIJ action against Kalshi as of September 26, 2026.
The entries below are rendered from the same dated data as the main country table, newest first. Each row shows the date, the authority as it names itself, the type of action, the platform it concerns and the source with its type.
| Date | Authority | Action | Platform | Source |
|---|---|---|---|---|
| 2026-01-20 | SRIJ (Serviço de Regulação e Inspeção de Jogos) | ISP block ordered | Polymarket | Source Secondary report Checked 2026-09-26 SRIJ's own site carries no item about this block; the order itself was not found published. |
| 2026-01-19 | SRIJ | Order to stop | Polymarket | Source Secondary report Checked 2026-09-24 Also reported by: Secondary report The SRIJ news page lists no item; no official notice found. |
Public regulator, court and police actions concerning Polymarket and Kalshi in Portugal, as of 2026-09-24. Not legal advice.
This section reports what the law and the authorities in Portugal have said about people who take part in these markets, and any enforcement against users that has been made public. It describes; it doesn't advise.
The RJO's criminal provision (article 49) is directed at whoever operates unlicensed online gambling or betting; the law does not make the player a criminal. Article 6 bars certain groups from playing (minors, certain officials and people involved in the sporting events concerned). The SRIJ's action targets the operator and internet providers. We found no prosecution or penalty against a Portuguese user of either platform.
The SRIJ said it regulates licensed operators only and can merely notify unlicensed ones to cease, and it gave no assurance that Portuguese bettors would recover funds held on unlicensed sites (reported by Renascença, January 21, 2026). We found no statement from the tax authority (Autoridade Tributária) specific to prediction-market winnings, and no Portuguese bank restriction naming the platforms.
Press coverage of the election market flagged unusual moves: Brave New Coin and Tek/SAPO reported that candidate António José Seguro's odds rose from about 60% to more than 90% before exit polls were published, and that more than €4 million in bets were described as questionable. The run-off between Seguro and André Ventura was held on February 8, 2026. Portugal, alongside Hungary, was the case CoinDesk cited on January 20, 2026 as the start of the 2026 European wave of actions against Polymarket.
PolyKal is a read-only research site, and it does not restrict access by country, including from Portugal. Its public pages, including prices on both platforms, order-book depth, after-fee cost comparisons, the fee calculator, and large-trade and whale data, need no account. You don't need a VPN to use them.
Viewing public market data is not trading. PolyKal doesn't place orders, hold funds or give access to trading on either platform, and a restriction on Polymarket or Kalshi in Portugal still applies to trading there. Polymarket's help center says that using a VPN to get around its restrictions violates its Terms of Use, and Kalshi's Member Agreement excludes people in its restricted jurisdictions; getting around a block can also break local law. PolyKal doesn't help anyone get around them.
Start with the compare page, the fee calculator or large trades, or read how Polymarket works and how Kalshi works.
Portugal is one of 27 countries, plus the United States, that PolyKal tracks. The full availability table shows every country's status under each platform's rules and its regulator actions side by side, with the same dates and sources as this page, and its change log lists every edit we make.
Every entry is re-checked at least once a quarter, and sooner when a platform or regulator announces a change. The next scheduled full re-check is shown in the sidebar.
By the regulator, yes. The SRIJ declared Polymarket unlicensed on January 19, 2026 and ordered internet providers to block it on January 20; MEO, NOS and Vodafone applied the block on January 20–21, 2026, and a consumer portal reported it still in place on June 5, 2026. Polymarket's own lists do not name Portugal, so the block comes from the Portuguese authorities, not from the platform.
Kalshi's own Member Agreement lists Portugal as a restricted jurisdiction (checked September 24, 2026), which excludes people in Portugal under Kalshi's rules. We found no SRIJ order against Kalshi, but the SRIJ's position is that betting on political events is not permitted under Portuguese law and that no unlicensed operator may offer bets in Portugal.
Because Polymarket holds no Portuguese online-gambling licence and, in the SRIJ's words, ‘under national law the operation of bets on political events or occurrences is not permitted’. Decree-Law 66/2015 allows only fixed-odds sports betting, horse-race betting and games of chance online. The action came the day after the first round of the presidential election, on which more than US$120 million had been traded on Polymarket.
We can't tell you whether it is legal for you, and this page is not legal advice. What we can report: the RJO's criminal provision targets whoever operates unlicensed gambling, not the player; the SRIJ's action targets Polymarket and the internet providers; the SRIJ has said it cannot guarantee that bettors recover funds from unlicensed sites; and we found no enforcement against an individual user. Check the current law and the platforms' terms before doing anything.
On PolyKal, yes: it is a read-only research site that shows prices, order-book depth and large trades on both platforms without an account, and it does not restrict access by country. Viewing data is not trading; PolyKal does not place orders and does not help anyone get around a block.
No. Polymarket's help center says that using a VPN to get around its restrictions violates its Terms of Use, and Kalshi's Member Agreement excludes people in its restricted jurisdictions. Getting around a block can also break local law. You don't need a VPN to research these markets: PolyKal's prices, order books and fee calculator don't require one.
We re-check every country page at least once a quarter, and sooner when a platform or regulator announces a change; each rule and action on the page shows its own date and source. If you spot something out of date for Portugal, email [email protected] with a link to the new rule or order.
Every statement on this page rests on the sources below. Platform rules were checked against Polymarket's and Kalshi's own pages on September 24, 2026; regulator, court and police actions were checked against the sources listed on September 24–26, 2026. Each source is marked as official, a platform document or a secondary report. Where only secondary reporting was available, we cite it and say so; where official sources conflict, we report both. We re-verify this page quarterly.
Official: Decree-Law 66/2015, Regime Jurídico dos Jogos e Apostas Online, consolidated text (PGD Lisboa); Decree-Law 66/2015, consolidated PDF published by the SRIJ. The SRIJ's own news page carries no item on Polymarket, so its actions are sourced from the press reports below.
Platform documents specific to Portugal: Kalshi Exchange Notice, Updated Member Agreement (PDF) (October 23, 2025; Portugal not yet listed); Kalshi Exchange Notice, Updated Member Agreement (PDF) (November 4, 2025; Portugal not yet listed); Kalshi tag page: Portugal.
Secondary: ECO, on the SRIJ declaring Polymarket illegal (January 19, 2026); ECO, on the telecoms operators blocking the site (January 21, 2026); Renascença (January 21, 2026); RTP (January 2026); Tek/SAPO (January 22, 2026); CoinDesk (January 20, 2026); Brave New Coin (January 2026); Portal da Queixa (June 5, 2026).
Platform documents (all countries): Polymarket Help Center: Geographic restrictions (updated August 14, 2026), Polymarket developer docs: Geoblock (undated), Kalshi Member Agreement (undated; fetched September 24, 2026) and Kalshi Help Center: trading from outside the US (updated March 20, 2026).
PolyKal is an independent research tool. We are not affiliated with, endorsed by, or operated by Polymarket or Kalshi. We report each platform's published rules and public regulator, court and police actions in Portugal; we don't say whether trading is legal for you, and we don't help anyone get around a platform's restrictions. Last reviewed September 26, 2026. Not legal or financial advice.
Know of a newer rule, order or court decision for Portugal? Email [email protected] with a link to it.
Kalshi's taker fee is 0.07 × contracts × price × (1 − price), times the series multiplier (1 by default) and rounded up to the next cent, so it peaks at 1.75¢ per contract at a 50¢ price. Resting (maker) orders are free on standard series and pay a fee only on the series Kalshi lists with maker fees.
Country-by-country rules, regulator actions and sources for Polymarket and Kalshi.
This is not legal advice, and we don't say whether trading is legal for you in Portugal. We report what each platform's published rules say about Portugal and the public regulator, court and police actions we could source, each with a date. Those rules change fast, so check the platform's current terms and the law in Portugal before doing anything. ‘Not listed’ only means a platform's own list doesn't name Portugal; it doesn't mean trading there is permitted.
Status under each platform's own published rules, and the most recent public action we could source, as of 2026-09-24.
Last public action: 2026-01-20 · SRIJ (Serviço de Regulação e Inspeção de Jogos) · ISP block ordered (Polymarket)
Source: Secondary report
Dated public actions on record: 2
This page keeps two things apart for Portugal: what each platform's own published rules say, and what regulators, courts and police in Portugal have publicly done. A platform's list is its own policy and a government order is the government's, so a country can be on one and not the other.
The status labels are the same as in the main table. Restricted means the platform's own list blocks trading from Portugal. Close-only means existing users there can close positions but can't open new ones. Some regions means only named regions are restricted. Separate product means residents use a different, separately regulated product, as US residents do with the Polymarket US app. Not listed means the platform's published list doesn't name Portugal; that is not the same as permitted, and a regulator may still block the site.
Polymarket publishes two official lists that don't fully match: its Help Center page (updated August 14, 2026) and its developer docs (undated). We follow the dated Help Center list and say where the developer docs differ. Kalshi statuses follow its Member Agreement as fetched on September 24, 2026; the agreement itself is undated.
Each action shows the authority as it names itself, what it did, the platform it concerns and the date: the date of the action where it was published, otherwise the date it was first reported. Every entry is marked Official, Platform document or Secondary report. Where only secondary reporting exists, we say ‘reported by’ and name the outlet; where official sources conflict, we report both.
‘No public action found’ means our searches found none, not that none exists. Nothing on this page says whether trading is legal for you: for that, check the platforms' current terms and the law in Portugal.
Portugal does not appear on either of Polymarket's official lists: not in the Help Center page on geographic restrictions (updated August 14, 2026) and not in the developer geoblock docs (undated, checked September 24, 2026). Under Polymarket's own rules Portugal is therefore Not listed. That is not the same as permitted: the restriction in Portugal comes from the regulator, not from the platform, and Polymarket has published no Portugal-specific statement that we could find. ECO reported on January 21, 2026 that Polymarket said at the time that 33 countries were subject to some restriction. Polymarket's Portuguese-language site (polymarket.com/pt) remains indexed.
Block type: a DNS block applied by internet providers on the SRIJ's order. MEO blocked polymarket.com ‘on all DNS managed by MEO’ from January 20, 2026, Vodafone Portugal said it had blocked access to the site on its network, and NOS blocked it after notification by the SRIJ (reported by ECO and Renascença on January 21, 2026, and by RTP); Digi and smaller providers are not mentioned in the reports. On June 5, 2026 the consumer portal Portal da Queixa reported that access to the site remained blocked by the national operators. We found no app-store removal order. Polymarket's Help Center says that using a VPN to get around restrictions violates its Terms of Use.
Kalshi's Member Agreement, section VI (Restricted Jurisdictions), as fetched on September 24, 2026, lists Portugal, so Kalshi's status is Restricted. Portugal was not in Kalshi's Exchange Notices of October 23 or November 4, 2025, so it was added later; Kalshi has published no date for the addition that we could find, and the agreement itself is undated. Kalshi's site still carries ‘Portugal’ and ‘Portuguese politics’ tag pages.
Kalshi and the regulator: ECO reported on January 19 and 21, 2026 that Kalshi had also taken more than €1 million in bets on the Portuguese presidential election and offered Liga Portugal matches without a licence, and that its site remained accessible. We found no SRIJ order or public notice directed at Kalshi as of September 26, 2026. Portugal is therefore the mirror image of Brazil and Spain: the regulator blocked the platform that doesn't list the country, while the platform it hasn't acted against lists it.
The regulator is the Serviço de Regulação e Inspeção de Jogos (SRIJ), the gambling regulation and inspection service of Turismo de Portugal. It licenses and supervises online gambling under the Regime Jurídico dos Jogos e Apostas Online (RJO), Decree-Law 66/2015 of April 29. Article 5 of the RJO lists the only online products that may be offered: fixed-odds sports betting, horse-race betting and games of chance; betting on political events is not among them. Article 49 makes operating online gambling or betting without a licence a crime. Portugal's securities regulator, the CMVM, has made no public statement on either platform that we could find. The SRIJ signed the joint statement of nine European gambling regulators on prediction markets of June 18–19, 2026.
The trigger was the presidential election. The first round was held on January 18, 2026; Tek/SAPO reported on January 22, 2026 that more than US$120 million (about €102–103 million) had been traded on Polymarket's market on it. On Monday, January 19, 2026 (secondary sources; the SRIJ has published no press item on its own site), the SRIJ declared that Polymarket has no authorisation to offer bets in Portugal and that ‘under national law the operation of bets on political events or occurrences is not permitted’, and notified the platform to cease within 48 hours, following its standard protocol of notifying the operator and, absent compliance, ordering internet providers to block it. The site was still reachable that day (reported by ECO, January 19, 2026; CoinDesk, January 20, 2026). Brave New Coin dates the order to January 17; ECO and Renascença place the notification on January 19, and this page uses January 19.
January 20–21, 2026 (secondary): the SRIJ ordered internet providers to block the site on January 20, and MEO, Vodafone and NOS applied the block on January 20 and 21 (reported by ECO and Renascença on January 21, 2026, and by RTP). The order targets the operator and the providers. We found no court challenge by Polymarket, no lifted or reversed action, and no SRIJ action against Kalshi as of September 26, 2026.
The entries below are rendered from the same dated data as the main country table, newest first. Each row shows the date, the authority as it names itself, the type of action, the platform it concerns and the source with its type.
Public regulator, court and police actions concerning Polymarket and Kalshi in Portugal, as of 2026-09-24. Not legal advice.
This section reports what the law and the authorities in Portugal have said about people who take part in these markets, and any enforcement against users that has been made public. It describes; it doesn't advise.
The RJO's criminal provision (article 49) is directed at whoever operates unlicensed online gambling or betting; the law does not make the player a criminal. Article 6 bars certain groups from playing (minors, certain officials and people involved in the sporting events concerned). The SRIJ's action targets the operator and internet providers. We found no prosecution or penalty against a Portuguese user of either platform.
The SRIJ said it regulates licensed operators only and can merely notify unlicensed ones to cease, and it gave no assurance that Portuguese bettors would recover funds held on unlicensed sites (reported by Renascença, January 21, 2026). We found no statement from the tax authority (Autoridade Tributária) specific to prediction-market winnings, and no Portuguese bank restriction naming the platforms.
Press coverage of the election market flagged unusual moves: Brave New Coin and Tek/SAPO reported that candidate António José Seguro's odds rose from about 60% to more than 90% before exit polls were published, and that more than €4 million in bets were described as questionable. The run-off between Seguro and André Ventura was held on February 8, 2026. Portugal, alongside Hungary, was the case CoinDesk cited on January 20, 2026 as the start of the 2026 European wave of actions against Polymarket.
PolyKal is a read-only research site, and it does not restrict access by country, including from Portugal. Its public pages, including prices on both platforms, order-book depth, after-fee cost comparisons, the fee calculator, and large-trade and whale data, need no account. You don't need a VPN to use them.
Viewing public market data is not trading. PolyKal doesn't place orders, hold funds or give access to trading on either platform, and a restriction on Polymarket or Kalshi in Portugal still applies to trading there. Polymarket's help center says that using a VPN to get around its restrictions violates its Terms of Use, and Kalshi's Member Agreement excludes people in its restricted jurisdictions; getting around a block can also break local law. PolyKal doesn't help anyone get around them.
Start with the compare page, the fee calculator or large trades, or read how Polymarket works and how Kalshi works.
Portugal is one of 27 countries, plus the United States, that PolyKal tracks. The full availability table shows every country's status under each platform's rules and its regulator actions side by side, with the same dates and sources as this page, and its change log lists every edit we make.
Every entry is re-checked at least once a quarter, and sooner when a platform or regulator announces a change. The next scheduled full re-check is shown in the sidebar.
By the regulator, yes. The SRIJ declared Polymarket unlicensed on January 19, 2026 and ordered internet providers to block it on January 20; MEO, NOS and Vodafone applied the block on January 20–21, 2026, and a consumer portal reported it still in place on June 5, 2026. Polymarket's own lists do not name Portugal, so the block comes from the Portuguese authorities, not from the platform.
Kalshi's own Member Agreement lists Portugal as a restricted jurisdiction (checked September 24, 2026), which excludes people in Portugal under Kalshi's rules. We found no SRIJ order against Kalshi, but the SRIJ's position is that betting on political events is not permitted under Portuguese law and that no unlicensed operator may offer bets in Portugal.
Because Polymarket holds no Portuguese online-gambling licence and, in the SRIJ's words, ‘under national law the operation of bets on political events or occurrences is not permitted’. Decree-Law 66/2015 allows only fixed-odds sports betting, horse-race betting and games of chance online. The action came the day after the first round of the presidential election, on which more than US$120 million had been traded on Polymarket.
We can't tell you whether it is legal for you, and this page is not legal advice. What we can report: the RJO's criminal provision targets whoever operates unlicensed gambling, not the player; the SRIJ's action targets Polymarket and the internet providers; the SRIJ has said it cannot guarantee that bettors recover funds from unlicensed sites; and we found no enforcement against an individual user. Check the current law and the platforms' terms before doing anything.
On PolyKal, yes: it is a read-only research site that shows prices, order-book depth and large trades on both platforms without an account, and it does not restrict access by country. Viewing data is not trading; PolyKal does not place orders and does not help anyone get around a block.
No. Polymarket's help center says that using a VPN to get around its restrictions violates its Terms of Use, and Kalshi's Member Agreement excludes people in its restricted jurisdictions. Getting around a block can also break local law. You don't need a VPN to research these markets: PolyKal's prices, order books and fee calculator don't require one.
We re-check every country page at least once a quarter, and sooner when a platform or regulator announces a change; each rule and action on the page shows its own date and source. If you spot something out of date for Portugal, email [email protected] with a link to the new rule or order.
Every statement on this page rests on the sources below. Platform rules were checked against Polymarket's and Kalshi's own pages on September 24, 2026; regulator, court and police actions were checked against the sources listed on September 24–26, 2026. Each source is marked as official, a platform document or a secondary report. Where only secondary reporting was available, we cite it and say so; where official sources conflict, we report both. We re-verify this page quarterly.
Official: Decree-Law 66/2015, Regime Jurídico dos Jogos e Apostas Online, consolidated text (PGD Lisboa); Decree-Law 66/2015, consolidated PDF published by the SRIJ. The SRIJ's own news page carries no item on Polymarket, so its actions are sourced from the press reports below.
Platform documents specific to Portugal: Kalshi Exchange Notice, Updated Member Agreement (PDF) (October 23, 2025; Portugal not yet listed); Kalshi Exchange Notice, Updated Member Agreement (PDF) (November 4, 2025; Portugal not yet listed); Kalshi tag page: Portugal.
Secondary: ECO, on the SRIJ declaring Polymarket illegal (January 19, 2026); ECO, on the telecoms operators blocking the site (January 21, 2026); Renascença (January 21, 2026); RTP (January 2026); Tek/SAPO (January 22, 2026); CoinDesk (January 20, 2026); Brave New Coin (January 2026); Portal da Queixa (June 5, 2026).
Platform documents (all countries): Polymarket Help Center: Geographic restrictions (updated August 14, 2026), Polymarket developer docs: Geoblock (undated), Kalshi Member Agreement (undated; fetched September 24, 2026) and Kalshi Help Center: trading from outside the US (updated March 20, 2026).
PolyKal is an independent research tool. We are not affiliated with, endorsed by, or operated by Polymarket or Kalshi. We report each platform's published rules and public regulator, court and police actions in Portugal; we don't say whether trading is legal for you, and we don't help anyone get around a platform's restrictions. Last reviewed September 26, 2026. Not legal or financial advice.
Know of a newer rule, order or court decision for Portugal? Email [email protected] with a link to it.