|Voting Rating||Nadex does not participate in the Forex Rating
Submit Forex Broker
|Trading software||Nadex Platfrom, NadexGO|
|Headquartered||200 West Jackson Blvd. Suite 1400 Chicago, IL 60606|
The North American Derivatives Exchange™ (Nadex) is the premier US exchange for binary options, call spreads, and knock-outs, offering secure and innovative ways to participate in the markets. We are regulated by the Commodity Futures Trading Commission (CFTC), and member funds are held in segregated accounts in major US banks.
As a Nadex member, you can trade multiplemarketsand access an ongoing series of short-term trading opportunities. Over 10,000 hourly, daily, and weekly contracts are traded five days a week on desktop and mobile platforms. Nadex is a regulated financial exchange, meaning we match buyers and sellers, and do not take positions in any markets.
Trade a wide range of global markets, all from one account
Forex. Gain exposure to the volatility of the forex market with low-cost, fixed-risk contracts on major pairs including EUR/USD, EUR/GBP, and USD/JPY.
Indices. Speculate on a range of global indices markets including the US 500 and FTSE 100 with predefined risk levels, and lower fees than many stock or futures brokers.
Commodities. Access the commodity markets, including crude oil, natural gas, gold, and silver – all with fixed-risk contracts that offer a lower cost to entry than futures.
Cryptocurrency. Trade crypto derivatives on Bitcoin and Ethereum.
On certain markets we impose position limits that define the maximum aggregate position a member can hold under one asset class and instrument type.
How we execute trades
Trading fee.You pay a trading fee on each side of your trade: once to open and once to close.
Enter a trade.To enter a trade, you will be charged $1 for each contract executed.
Exit the trade.You exit the trade in one of two ways: by placing a second, opposite trade or by letting the contract expire.
Before expiration.If you exit the position before expiration, you’ll be charged a $1 trading fee for each lot exited.
Settlement fee.If you hold a position until expiration and it settles in-the-money, then you’ll be charged a settlement fee of $1 per contract.
Hold the position.If you hold the position until expiration and it closes out of the money (zero), you won't be charged a settlement fee.
Nadex Trading Information 2023
|Address||200 West Jackson Blvd. Suite 1400 Chicago, IL 60606|
|Headquarters||200 West Jackson Blvd. Suite 1400 Chicago, IL 60606|
|24 hour support|
|1st deposit bonus|
|Digits after the dot in quotes||5|
|Minimum position size||0.01|
|Pip spread on majors||1-3|
|Standard account, $||250|
|Mini account, $|
|Popular payment methods||Debit/Credit Cards|
|Account currencies||EUR, USD|
|Available assets||Forex, Indices, Commodities, Cryptocurrency|
|Platforms||Nadex Platfrom, NadexGO|
Nadex Reviews and Comments
Nadex is everything a normal trader needs. How did I get to them? I closed my accounts with my former broker and thought about quitting forex trading altogether. A week later, I realized that I could not refuse to trade, I was drawn to Forex like to cigarettes. I started reading reviews at night, sitting on forums, chatting with traders who have been there for years, looking for which broker to go to. This is how I found this broker who has been in the Forex market since 2004. Soon it will be 3 years since I trade with them. The spreads in Nadex are market-based, the expansion is tolerable, there are slippages on the news, Metatrader 4 is like everywhere else, there are some features, but I don’t use it, I mainly trade on NadexGO. I withdraw money only as needed. It turns out about 5% to 30% per month of income, sometimes a month and end the month in the red. They do not give any bonuses for replenishing the deposit, it is immediately clear that they do not need customers to quickly lose the depo.
12 May 2023 Reply