Nadex Review

Nadex
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Overview

The licensed broker offers the fair trading on a functional platform, a chance to cash in on binaries etc.

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Details

BrokerNadex
Website URLnadex.com
Founded2009
Headquarters200 West Jackson Blvd Suite 1400 Chicago, IL 60606
Support Number+1-866-296-0167, +1-312-884-0162
Support TypesTelephone, Email
LanguagesEnglish
Trading PlatformNadex Trader
Minimum 1st Deposit250$
Minimum Trade Amount1$
BonusUp to 100%
Leveragefrom 1:50
Spreadfrom 0.02 point
Free Demo Account Open Demo
Regulated Yes
RegulationCFTC
Account TypesDemo, individual account (for US citizens, for foreign traders), corporate account, business account
Deposit MethodsBank transfers, bank cards (credit, debit) Visa, MasterCard, etc.
Withdrawal MethodsBank transfers
Number of Assets50+
Expiry Times5 min., 15 min., 30 min., 1 h., 2 h., 24 h., etc.
Types of AssetsForex, indices, commodities, options, cryptocurrency (Bitcoin)
Option TypesOptions «UP/DOWN»
Account CurrencyUSD
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score9.7/10

Full Review


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.

If we find complaints about Nadex, we will post it on social media. Follow us to be well informed:

 

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.

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