nadex review
nadex is a Multi-Assets Trading Platform with over 100+ Assets
nadex is a multi asset platform with 100+ tradable Assets. Assets available on nadex include Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
nadex trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing are considered financial assets.
Features of nadex
- Social Trading available
- Copy Trading available
- nadex offers Advanced Financial Chart comparison tools
- nadex offers Research-backed analysis on financial markets and investments from top analysts
- The nadex platform is available to use on multiple devices including Apple Mac computers, and online through a Web Browser.
- nadex offers a trading platform with tools for both New Traders and Seasoned Experts
- nadex users benefit from using the nadex platform in over 15 different languages
nadex review
What you should know
nadex offer five ways to trade: Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing. The assets and products available to you on the nadex trading platform depends on the region of the world, you are in and the nadex entity you have an account.
With nadex you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with nadex platform.
nadex are able to accommodate various levels of traders whether you are experienced or a beginner.
Are nadex safe?
When considering nadex for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as nadex, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2008, and in operation for 16 years nadex have a head office in USA.
nadex is regulated. This means nadex are supervised by and is checked for conduct by the CFTC (Commodity Futures Trading Commission) regulatory bodies.
nadex withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like nadex are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. nadex are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of nadex and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. nadex has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, nadex will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like nadex, you can enjoy peace of mind and focus on your trading activities. If nadex violate any regulatory rules their regulated status could be stripped.
Your capital is at risk
Is my money safe with nadex?
All payments made to nadex by traders are securely held in a segregated bank account.
nadex uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should nadex use them?
nadex partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their nadex clients' funds.
nadex clients can have greater confidence in their financial security when working with a Tier 1 bank because nadex are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in nadex deposited in a Tier 1 bank?
Depositing funds with nadex ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if nadex were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that nadex is a secure and safe platform.
Please be aware that trading in financial assets with nadex carries a risk of loss. nadex trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
nadex emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about nadex, let's closely examine its features.
To better understand the nadex trading platform, you can create two separate accounts - one with real money and the other a nadex demo account. A nadex demo account provides a risk-free environment for experimenting with the nadex platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in nadex trading decisions.
Open a demo account Visit nadex
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How nadex as a Company Compare Against Other Brokers
Broker | nadex | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 2008 | 2007 | 2009 | 2007 |
Head Office | USA | Australia | Belize | Cyprus, UK |
Regulation | CFTC (Commodity Futures Trading Commission) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 10,000+ nadex users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
Negative balance protection | No | Yes | Yes | Yes |
Guaranteed Stop Loss | No | No | No | No |
Learn More | Visit nadex | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
nadex review
nadex Pros and Cons
nadex review
nadex Regulation and Licensing in more detail
nadex is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of nadex going into insolvency. nadex compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like nadex to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for nadex traders.
- CFTC (Commodity Futures Trading Commission)
nadex is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like nadex you should be sure they're legitimate online agent.
Is nadex Global?
Yes, nadex is global as nadex is available in over 194 countries.
nadex is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries nadex covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. nadex has a total of more than 10,000 users.
nadex review
nadex Fees Explained
- nadex doesn't charge withdrawal fees.
- nadex does charge a fee for inactive accounts.
- nadex doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from nadex are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
nadex Costs To Check
Modern brokers like nadex provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, nadex may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall nadex trading profitability.
How nadex Fees Compare Against Other Brokers
Broker | nadex | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 0 | 200 | 10 | 50 |
Withdrawal Fees | No | No | No | Yes |
Inactivity Fees | Yes | No | No | Yes |
Deposit Fees | No | No | No | No |
CFD Commission Fees | Yes | No | Yes |
nadex Minimum Deposit
nadex does not require a minimum deposit when opening an nadex trading account.
In the trading world, brokers like nadex, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
nadex Withdrawal Fees
nadex doesn't charge withdrawal fees.
nadex Withdrawal rules may vary across different brokers when it comes to transferring funds from your nadex or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with nadex may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the nadex withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from nadex. Researching and comparing nadex withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing nadex funds frequently or dealing with large sums of money. Awareness of these nadex fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your nadex funds.
For example, nadex allows you to withdraw your funds to Debit Cards, VISA, MasterCards, Paper Cheque, ACH (Bank Transfer), Wire Transfer (Telegraphic Transfer), International Bank Transfer (Wire).
nadex Inactivity Fees
nadex does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by nadex terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all nadex fees and services. It's recommended that you check the nadex website before signing up. If you decide to close your nadex account, it's important to do so with the nadex broker customer support and obtain confirmation that no remaining nadex fees are due.
Brokers like nadex must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
nadex Deposit Fees
nadex does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
nadex Commission Fees
nadex does charge commission on CFD instruments.
Brokerage firms like nadex may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the nadex trading account level held by the trader.
nadex may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing nadex terms and conditions to understand the commission fees and any other charges that may apply is essential.
nadex review
What can you trade with nadex?
It's essential to note that the trading instruments offered under the nadex brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the nadex trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with nadex over 100 instruments in fact.
If you want to trade currency pairs on global Forex markets, nadex offer over currency pairs.
nadex Compared To Other Brokers
Compare nadex with IC Markets and Roboforex below.
How nadex Trading Options Compare Against Other Brokers
Broker | nadex | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 100 | 2250 | 12000 | 6000 |
Platforms | Live Web Trading Platform, Demo Web Trading Platform, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
FX / Currencies | ||||
Forex pairs offered | 61 | 35 | 50 | |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | No | Yes | Yes | Yes |
Exotic Forex pairs | No | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | No | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 20 | 21 | 31 |
Metals | Yes | Yes | Yes | Yes |
Energies | Yes | Yes | No | Yes |
Agricultural | Yes | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2100 | 0 | 2042 | |
UK Shares | No | Yes | Yes | Yes |
US Shares | Yes | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit nadex
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider. |
nadex review
Trading on nadex web platforms and other applications
nadex provides traders with a modern custom platform that can be accessed through a browser-based web application. If you would rather see a MT4 brokers, or MT5 brokers you can do so here.
A nadex iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.
nadex also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See nadex's platformsIs the nadex Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the nadex trading platform to protect you on PC and mobile nadex platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using nadex web trading platforms.
nadex Trading Platform Options
nadex does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.
nadex offers its custom trading platform developed and tested in-house. The nadex trading platform allows traders to track their portfolios and the current markets, locate trade ideas and place trades.
The nadex platform allows traders to filter the financial marketplace for trade opportunities that match criteria.
With nadex, you can examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the nadex platform, including news and quotes. Discover possible trades with the strong charting tools found with nadex. nadex is available as downloadable applications or online through the cloud. Monitor your orders with nadex and receive breaking news in your positions.
nadex Trading benefits
- nadex Low min deposit
nadex Trading Accounts Offered
Below we give an overview of the account types that nadex offer. Whatever you are looking to trade, the varying nadex account types will be able to provide you with what you need.
- nadex Standard account
- nadex Islamic account
Can I try nadex?
nadex provides a demo account that enables individuals to explore trading before investing their funds. By creating a nadex practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the nadex demo account can help individuals to make informed decisions before investing their money.
Open a demo nadex account to practice and trade.
Your capital is at risk
nadex withdrawal and funding methods
It's essential to remember that the payment methods provided by nadex vary based on the nadex entity and the nadex client's country of residence. To view the nadex payment options available, you can log into your nadex member's area.
nadex offers various funding payment methods listed in your nadex dashboard if available in your region. To learn more about the nadex funding and withdrawal options available in your area, you can explore the nadex website.
nadex provides several payment methods for funding your nadex account. You may utilize any of these deposit options if they are available in your region. nadex ensures that users have multiple payment methods to choose from, making it more convenient for verified nadex account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the nadex user's location. learn more about nadex funding and withdrawal methods.nadex Payment Methods
Some nadex payment methods are local and are available only to specific regions. nadex account holders should check which payment methods are provided in your region.- nadex accepts Debit Cards
- nadex accepts VISA
- nadex accepts MasterCards
- nadex accepts Paper Cheque
- nadex accepts ACH (Bank Transfer)
- nadex accepts Wire Transfer (Telegraphic Transfer)
- nadex accepts International Bank Transfer (Wire)
Broker | nadex | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes |
Credit Cards | No | Yes | No | Yes |
Paypal | No | Yes | No | Yes |
Skrill | No | Yes | Yes | Yes |
Payoneer | No | No | No | No |
Neteller | No | Yes | Yes | Yes |
*please note available nadex and other broker payment methods depend on the clients country of residence.
How can I start trading with nadex?
To open a trading account with nadex, individuals can sign up on the nadex website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for nadex account validation and making a deposit. Once completed, nadex users can download the trading platform of their choice.
It's important to note that nadex requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps nadex maintain a trustworthy financial environment for its 10,000 users. Detailed information on the nadex trading platforms is available on their website.
Your capital is at risk
Performing trades with nadex
When using nadex, the minimum trade size is typically units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. nadex have a max trade of .
nadex, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like nadex can be useful for traders starting or with limited capital.
Like other brokers, nadex margin requirements can differ depending on the traded instrument.
CFD Trading on nadex
We will show you an example of the basics of using nadex leverage.
CFD trading on nadex allows traders to speculate on the price movements of various financial instruments against the broker nadex, without actually owning real assets. With CFDs, nadex traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
nadex provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.
The effect of leverage on profits and losses magnifies them in both directions. In other words, nadex leverage profits and losses are magnified when trading. For instance, using CFDs, you use the nadex trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, nadex leverage magnifies both profits and losses in trading.
Trading CFD trades on the nadex platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
Experienced nadex traders can trade high risk CFD trades to hedge items in their portfolio.
Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk
Education Resources at nadex
nadex offer educational resources which include Webinars, Blog Articles. Please bear in mind that these resources provided by nadex do not guarantee any results when trading. When we checked on the nadex website, these educational resources were not available in every language. Also some financial instruments mentioned in any nadex educational resources may not be available in your region.
To trade effectively with nadex, it's important to have a good understanding of the nadex trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with nadex and externally.
nadex . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with nadex. Familiarizing yourself with the nadex trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using nadex. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with nadex involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like nadex, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with nadex. Explore the nadex platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with nadex, before live trading.
Customer Support at nadex
As part of our nadex review, we review customer service options, response times and problem resolution effectiveness on the nadex trading platform. The nadex trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
nadex Available Support Types
Based on our experience, we have given nadex a D grade for customer support. We encountered some slow response times or nadex queries that were left unanswered.
Compared to other brokers, nadex offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.
Livechat Support at nadex
nadex does not offer LiveChat Support.
Email Support at nadex
nadex does not offer Email Support.
Phone Support at nadex
nadex does not offer Phone Support.
See how nadex Support Compares Against Other Brokers
Broker | nadex | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Support |
|
|
|
|
Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
Learn More | Visit nadex | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with nadex
As nadex is regulated by CFTC (Commodity Futures Trading Commission).
As a new client of nadex, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with nadex in your region. During the nadex account opening process, you will be asked to provide nadex with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with nadex have the following documents available.
- nadex require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for nadex compliance. This must be dated within the last six months.
- If you plan to fund your nadex account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the nadex platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under nadex Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring nadex's platform.
However, remember that you won't be able to make trades on nadex until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the nadex KYC compliance process as soon as possible to avoid any delays in accessing the nadex platform's features.
It is important to note that nadex may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the nadex platform and features immediately. However, you must pass the verification process to start live trading with nadex, which can take up to a few business days.
To start the process of opening an account with nadex you can visit the nadex trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://nadex.com on December 19, 2024.
Watch this nadex Explainer Video
Is nadex A Good Broker?
We have spent over 5 years examining nadex in depth. Although we found some very useful aspects of the nadex platform that would be useful to some traders. We feel that a alternative to nadex may better suit you.
- nadex have a good track record of offering Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
- nadex has a history of over 16 years.
- nadex has a reasonable sized customer support of at least 10.
- nadex are regulated by the CFTC (Commodity Futures Trading Commission). nadex is subject to strict regulatory oversight from its respective jurisdiction, which holds nadex (the broker) accountable for misconduct. This regulatory framework helps ensure that nadex operates fairly and transparently and provides nadex customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and nadex.
- nadex have regulation from reputable regulators.
- One of the advantages of using nadex is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from nadex are particularly important as nadex traders want to receive their money quickly. With the efficient nadex payment processing system, traders can enjoy faster access to their nadex funds.
- nadex have an international presence in multiple countries. Including local nadex seminars and training.
- nadex can hire people from various locations in the world who can better communicate in your local language.
nadex Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as foreign currency markets and other financial instruments involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
nadex not quite right?
If after reading this nadex review, nadex does not fulfill your needs check out these nadex Alternatives.
Click here to view the best nadex Alternatives
We have spent years researching the best alternatives to nadex. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective nadex alternatives available today. If you are unsatisfied with nadex or want to explore other options, we recommend checking out our carefully curated list of highly-rated nadex alternatives. Follow the links below to learn more about these nadex broker alternatives and choose the one that best suits your trading needs.
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Related nadex Vs Comparisons
Throughout our comprehensive nadex review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing nadex against other popular brokers in the industry, check out our nadex Vs pages. Our team has compiled a series of detailed nadex comparison articles, pitting the nadex platform against some of the best-rated nadex competitors in the market. Dive into our informative nadex Vs pages below to find out how nadex stacks up against other leading brokers.
- nadex vs ICMarkets
- nadex vs Roboforex
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- nadex vs Pepperstone
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- nadex vs easyMarkets
- nadex vs SpreadEx
- nadex vs FxPro
- nadex vs AdmiralMarkets
- nadex vs ThinkMarkets
- nadex vs FXPrimus
- nadex vs Trading212
- nadex vs ForexMart
- nadex vs Eightcap
- nadex vs ForTrade
- nadex vs InteractiveBrokers
- nadex vs Forex.com
- nadex vs IG
- nadex vs Robinhood
- nadex vs Coinbase
- nadex vs Binance
- nadex vs Oanda
- nadex vs CMCMarkets
- nadex vs HargreavesLansdown
- nadex vs Ayondo
nadex review
NADEX Frequently Asked Questions
Read our detailed nadex FAQ Section updated for 2025.
Can I try nadex?
nadex do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here
What funding methods do nadex accept?
Please note that the list of payment methods below depends on the nadex Entity and the client's Country of Residence.
nadex offer the following funding payment methods Debit Cards, VISA, MasterCards, Paper Cheque, ACH (Bank Transfer), Wire Transfer (Telegraphic Transfer), International Bank Transfer (Wire), among other payment methods.
Learn more here
Is nadex safe?
nadex have over 10,000 users. nadex are considered reliable as they are regulated by and checked for conduct by the CFTC (Commodity Futures Trading Commission). Any payments funded to nadex accounts by traders are held in a segregated bank account. For added security,nadex use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with nadex is risky, and because the market is so volatile, losses could happen at any time. Do not invest with nadex unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is nadex trading good?
nadex is considered good and reputable to trade with nadex. nadex is used by over 10,000 traders and nadex users. nadex offers Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. Minimum deposit with nadex is 0.
Is nadex trading Legit?
nadex was founded in USA in 2008. nadex has been facilitating trade on the financial markets for over 16 years. nadex offers clients Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. All funds deposited to nadex are held in segregated bank accounts for security. nadex is regulated by CFTC (Commodity Futures Trading Commission) so can be considered legit.
Is nadex a good broker?
nadex allows Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. nadex is overseen by the top tier financial regulators CFTC (Commodity Futures Trading Commission) so can be considered a good broker.
Is nadex trustworthy broker?
nadex is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to nadex, money is in a segregated bank account that is separate from nadex company's funds. As a regulated broker, nadex cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by nadex. Instead, your nadex funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with nadex. Also nadex is regulated in its local jurisdictions including major financial regulators like CFTC (Commodity Futures Trading Commission).
What is the minimum deposit for nadex?
The minimum deposit to trade with nadex is 0.
How long do nadex withdrawals take?
Withdrawing money from nadex processing time varies depending on the method but averages 1-5 days.
Is nadex regulated?
nadex is regulated by the CFTC (Commodity Futures Trading Commission). Regulatory bodies conduct regular reviews and audits as part of nadex maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is nadex a market maker?
nadex is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.
How can I start trading with nadex?
When opening a trading account with nadex, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on nadex trading platforms, you can follow the link provided below: Learn more about signing up with the nadex trading platform here. This will provide useful information and insights into the various trading platforms offered by nadex, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with nadex?
Yes your money is safe with nadex.
Overall, strict financial regulation is essential for ensuring that trading platforms like nadex operate fairly, transparently, and responsibly, which ultimately benefits all nadex stakeholders involved.
Trading platforms like nadex must have strict financial regulation for several reasons:
- Protecting nadex Investors: Strict financial regulation ensures that investors who use the nadex trading platform are protected against fraudulent or unethical behavior by the nadex platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the nadex platform.
- Maintaining nadex Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the nadex trading platform. Regulatory procedures reduce the likelihood of the nadex platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing nadex Transparency: Regulations require trading platforms like nadex to maintain detailed records and disclose nadex client information. Financial regulatory requirements enhances transparency and helps to build trust between the nadex platform and its investors.
nadex is regulated by the CFTC (Commodity Futures Trading Commission). When selecting a broker such as nadex, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, nadex ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like nadex.
Is nadex a con?
nadex is regulated and well established, having been in business for over 16 years. nadex is not a con.
Can you make money with nadex?
Although traders have had great success with nadex, trading on the financial markets with nadex is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does nadex have fees?
nadex doesn't charge withdrawal fees. nadex does charge a fee for inactive accounts. nadex doesn't charge deposit fees.
When was nadex founded?
nadex was founded in 2008.
How many people use nadex?
nadex is used by over 10,000 registered nadex users.
What is nadex Headquarters country?
nadex has its head quarters office in USA .
Does nadex offer negative balance protection?
nadex does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does nadex offer guaranteed stop loss?
nadex does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does nadex allow scalping?
nadex does not offer scalping.
Does nadex allow hedging?
nadex does not offer hedging.
Does nadex offer CFD trading?
nadex offers CFD trading.
Does nadex offer STP?
nadex does not offer STP trading.
How many people use nadex?
nadex is used by over 10000 nadex users and traders.
Is nadex an ECN broker?
nadex does not offer ECN trading.
Does nadex offer a demo account?
nadex does not offer demo account.
Does nadex offer an Islamic account?
nadex offers an Islamic account.
What are the funding methods for nadex?
Please note that funding methods and options available with nadex can be found in the nadex Members area and depend on the nadex client’s country of residence. Please check your specific available payment methods on the nadex website. nadex accept the following funding methods : Debit Cards, VISA, MasterCards, Paper Cheque, ACH (Bank Transfer), Wire Transfer (Telegraphic Transfer), International Bank Transfer (Wire).