this website seems no different than websites where you gamble on the outcome of a sports game. you are betting on the outcome of political events not buying and selling stocks. I would call this a gambling website like Fantasy ....... if I'm correct and if you are not a professional gambler then the bad news is any gross winnings would be reported on page 1 of 1040 and any losses would be an itemized deduction. gambling losses would only produce a tax benefit if you can itemize. if gambling, the fees would also be an itemized deduction. the amount of fees and losses that can be deducted are limited to your gambling winnings.
if you were actually trading stocks you would be getting a 1099-B not a 1099-MISC
