Nadex
Total reviews 1
No complaints yet
4.0
Unconfirmed company
nadex.com
Go to the website
A licensed broker offers honest trading in a functional platform, binary options earning opportunities, etc.
Forex broker
Official website
Social network
Date of foundation
1970
Head Office
200 West Jackson Blvd Suite 1400 Chicago, IL 60606
Company owner
IG Group Ltd.
Types of support
Phone Support
+1 (877) 776-2339USA, free of charge
+1 (312) 884-0100international number
Languages
English
Terminals
Nadex Trader
Min. first deposit
From 250 USD
Brokerage commission
10% from each lot ($1 minimum)
Lot size
From 0.01
Leverage
Until 1:50
Spreads
From 0 points
Free demo account
Adjustable
Yes
Regulators
CFTC
Types of accounts
Order execution
Market Execution (at market price)
Methods of replenishment
Wire transfer, Bank card (Visa/MC)
Withdrawal methods
Wire transfer, Bank card (Visa/MC)
Number of assets
50+
Types of assets
Binary options
ProductsOil, grains and metals
IndexesTrade U.S. and global stock indexes without the use of ETFs or index futures and with lower commissions
Forex InstrumentsCurrency pairs
Account Currencies
USD
Liquidity providers
MarketPlace
Mobile apps
No mobile apps available
Weekend trading
Yes
Tournaments/competitions
No
Trader training
Courses, webinars, blog, video lessons, FAQ
Contract Difference Commission
Yes
Swaps
No
PAMM trading
No
Analytics
No
Margin trading
Yes
Affiliate Program
No
Advantages
A serious license
Functional terminal
Low commissions
Teaching materials
Advantageous trading conditions
Disadvantages
Site in English only
Long withdrawal times
Company requisites
Date of update
April 20, 2023
Overall assessment
4.1/10
    Address
    200 West Jackson Blvd Suite 1400 Chicago, IL 60606

    Nadex is this a scam? Review and Customers Reviews

    Published: 15 August 2018 Updated: 20 April 2023

    Nadex today deservedly is the leading broker of binary options, which offers the client reliable trading solutions in one of the most popular financial markets. The availability of a serious license, a convenient platform, attractive working conditions, nadex.com information site, professional support, etc. – all this makes cooperation with the company the most productive.

    And yet, is Nadex a fraud and a scam that was created in order to deceive decent traders or, on the contrary, a safe and honest platform for making money on investments in binary options? After reviewing the broker’s overview, you will receive answers to these and a number of other equally important issues.

    Terms of trade with Nadex

    Nadex (North American Derivatives Exchange) – a popular broker, is the first platform that has been able to legalize trading binary options in the US. This is one of the most famous trading platforms on the market, which services can be used not only by American citizens but also by investors from other countries. The approach to trading is unique here: the platform functions as a stock exchange, being a meeting point for a buyer and a seller, while the company itself does not participate in the bidding and receives its income only from commission ($0.9 per transaction). Since 2004, it has been working as a brand of HedgeStreet, since 2009 – under the name Nadex, providing access to various financial markets (Forex trading, crypto-currencies, options, etc.) and constantly improving its service.

    The platform guarantees profitable trading options on attractive terms. No wonder this is one of the oldest brokers in the industry, which has a large user base and today, after years, continues to offer the client profitable trades, trouble-free transactions and a lot of interesting options. The work only takes place with the classic options «High/Low». It is proposed to invest in assets such as indices, currencies, events (for example, Fed Funds Rate and Jobless Claims), bitcoin, raw materials. You can earn decent earnings on trading with crypto-currencies, and also invest in Forex, for which narrow spreads and a comfortable leverage are available (read here the whole truth about Forex).

    Unlike European similar projects, where it is important to be in front of a computer while working with options, the platform avoids this. It is enough to establish the price indicators, according to which it will automatically trade on the market. Nadex offers an interesting system of accounts that will allow you to obtain separate benefits from investing in options to American and foreign traders. Corporate and business accounts have been introduced that are convenient for entire organizations.

    Since it is important for the leading binary broker to provide the client with only reliable software solutions, only the best software is available for trading – the author platform Nadex Trader, which has prestigious awards, as noted by users as a comfortable and functional solution for full trading. Here you can easily study the dynamics and graphs of assets, add indicators to them, conduct technical analysis of the market, customize the interface in accordance with the needs of the trader. The platform supports a variety of strategies for trading, will allow testing in the system and its own methods. Available platforms for various mobile devices and tablets. To study all the possibilities of the broker is offered on a free demo account, the functionality of which is not different from the real account.

    On the official site of nadex.com, you can get acquainted with the materials about the basic tools of the site. There is also a lot of training information: webinars, video lessons, e-books, etc. Published reviews and market news, which are prepared by professional analysts. The resource has only an English version.

    Replenishment and withdrawal of earnings

    Despite the fact that the company has been working on the market for a long time, however, it is offered to introduce capital into the account only with the help of bank cards or bank transfer. The withdrawal of capital is carried out through transfers through banks. Requests for withdrawal are processed usually within 24 hours, the receipt of money on the account occurs within a week.

    Complaints on Nadex

    In the comments of foreign customers, the advantages of the project are greater: the presence of regulation, a functional terminal, opportunities for earning money from options trading, low commissions, profitable trades, training materials, a free demo account, etc. Users consider the broker to be the best on the market, recommend it for work to other investors.

    Usually, there are fewer negative moments about the site, and more often they concern long withdrawal of funds, problems with logging in, limited opportunities for conducting transactions, availability of only English version of the site, etc.

    Regulator of the broker Nadex

    Nadex operates in the United States, where such financial institutions must necessarily have regulation. The broker is controlled by the Commodity Futures Trading Commission (CFTC), is the only platform in a country that has such a license. The presence of such regulation confirms that the company has the full right to provide financial services to the citizens of the country, it allows to reliably and safely cooperate with the project to traders of any other states.

    Is Nadex a scam?

    Nadex is the oldest and largest broker of binary options, which today is especially popular in the US, as well as with traders from other countries. The company has been actively working in the market since 2009, constantly improving its services and offering the client great opportunities for earning money. Today, it is justifiably considered to be leading in the US and, according to its users, one of the best binary brokers. The platform was able to legalize options trading, has a license, as well as a number of interesting options, trouble-free transactions, minimum commissions, etc.

    The system is also distinguished by its unique approach to trading, being a meeting place for the seller and the buyer. With this approach, the standard stakeholder, the broker, is excluded, which doubles the credibility of the project. The platform can be used not only by American citizens but also by investors from other countries. All the company’s funds are stored in reliable banks, this fact also serves as proof that it is important for it to make cooperation with the trader as confidential and safe as possible, demonstrating that we are not a fraudulent site that was created only to deceive trusting traders.

    For work here are available classical options «High/Low», only profitable tools are offered: indices, forex, raw materials, cryptocurrency (how to earn money on cryptocurrency, read here). Thanks to the introduction of an innovative system of trading accounts, trading will be comfortable both for US residents and for foreign clients and even corporations. It should be noted and the platform Nadex Trader, which is the author’s development of the company. It has prestigious awards, is the best among similar solutions, it is praised and clients of the broker. The company’s ability to invest a lot of money in the development of serious products proves that it is a reliable organization, which is important to gain a foothold in the market, and not a fraudster cheating clients.

    In the terminal, there are many tools for a full analysis of the dynamics of assets, you can work with charts, indicators, expiration settings, etc. It is offered to customize the platform for convenience and quick access to the functions necessary for the trader, to test different strategies here. You can take advantage of a free tuition account, where it’s easy enough to study the system’s capabilities without risks. The official site of nadex.com publishes a lot of useful information about the company, training materials, news and market reviews.

    At the moment on the Internet reviews of foreign traders on the site are available because. Among the positive feedback on the broker, there are more frequent licenses, favorable terms of work, low commission, quality of training and analytical materials, etc. Users recommend the platform to friends and acquaintances to invest in options. Negative comments are much less. Usually, a negative conclusion is a long conclusion, a limited choice of opportunities for transactions, support for nadex.com only English, etc. And yet, is it worth calling the oldest Nadex broker a divorce and a fraudster? Having become acquainted in more detail with the company, we will answer this question: no, since.

    Conclusions

    Nadex is one of the oldest and most professional brokers of binary options, which has a positive reputation, as well as many unique opportunities for profitable trading. The platform is licensed to carry out activities in the financial markets. Due to the fact that the auctions are organized directly between the seller and the buyer, the work is simple and transparent.

    Traders around the world trust the site because all the company’s funds are stored in reliable banks, trade is offered on favorable terms, a functional terminal, author’s materials, and analytics, etc. are available. Today we will not conclude that Nadex is a divorce and a fraudster. However, we are waiting here for comments of real users of the system who will be able to tell us about the real capabilities of the platform and point out its problems.

    Trading instruments and assets
    80%
    Withdrawal speed
    80%
    Brokerage commission
    80%
    Technical support
    80%
    4.0

    Reviews

      Nadex reviews

      1
      Add review
      • In ascending order of rating
      • In descending order of rating
      • New ones first
      • First the old ones
      • Popular ones first
    • 4
      Rate your review 0
      0
      Trading instruments and assets
      80%
      Withdrawal speed
      80%
      Brokerage commission
      80%
      Technical support
      80%
      Most of the reviews about the broker...

      Most of the reviews about the broker were published on foreign sites, where traders have praised the quality of Nadex. At the domestic market, the company is less popular, which is most likely due to the absence of the Russian language in the control panel. Nevertheless, some Russian-speaking traders… Read more

    The company in the ratings
    Stock brokers
    CompanyPlace
    Finam
    1/21
    Exante
    3/21
    Cryptocurrency exchanges
    CompanyPlace
    ByBit
    1/334
    OKX
    3/334
    Rating of reliable brokers
    CompanyPlace
    Quotex
    3/42
    Activity
    0complaints
    • New0
    • Resolved0
    • Not resolved0
    New companies on the site
    Site Map