Nadex Reviews

Nadex is a US-based exchange providing powerful trading tools and advanced features to traders of all experience levels. It is not a brokerage, but a CFTC-regulated exchange. The company focuses on trading in binary options, Knock-outs™ and call spreads on the most popular traded commodities, forex and stock indices.

Key features and benefits of Nadex include:

• Range of Timeframes: Nadex offers a range of timeframes, from ticks to hours, that will suit both short and longer term strategies.

• Charting Features: The broker's flagship terminal offers a decent range of charting features, including 25+ indicators and 20 drawing tools.

• Educational Resources: Good educational resources are available for those new to binary options trading.

• NadexGO: This is the new mobile platform that provides real-time trading on the go.

• Trading Software: The Nadex trading software consists of a proprietary trading platform. The terminal can be accessed via desktop devices or via mobile app. Traders benefit from a dynamic and robust suite of charts and tools.

• Order Management: Any order placed that has not yet been filled will show up in the orders tab at the bottom of the platform. Once an order has been executed it will appear as an open position. By clicking on an open position, an order ticket pre-populated with the opposite side of the trade is brought up, allowing quick exit. Clicking on a working order that hasn’t yet been filled will open a ticket so it can be deleted or amended.

• Platform Navigation: The platform is designed to be simple and intuitive, with a navigation window on the left-hand side, where any of the markets or products can be selected for trade on Nadex.

Please note that trading on Nadex involves risk and may not be appropriate for all. Members risk losing their cost to enter any transaction, including fees. Past performance is not necessarily indicative of future results. None of the material on nadex.com is to be construed as a solicitation, recommendation or offer to buy or sell any financial instrument on Nadex or elsewhere. Nadex is subject to U.S. regulatory oversight by the CFTC.

Nadex offers unique short-term contracts for trading forex, stock index futures, commodities, and economic events. The risk is defined by the trader, and one can never lose more than what was paid to enter the trade.

At Nadex, traders become direct members of the exchange with no brokers or broker commissions. A fixed $1 fee per contract side is charged. The mobile and desktop trading software is free, as is real-time market data.

Here are the standard trading and settlement fees for Nadex Members:

• Binary option contracts:

  • Entry or exit before expiration: $1 trading fee per contract
  • Trade expiration (in-the-money): $1 settlement fee per contract
  • Trade expiration (out-of-the-money): No settlement fee

• Call spread and knock-out contracts:

  • Entry or exit before expiration: $1 trading fee per contract
  • Trade expiration: $1 settlement fee per contract

• Transaction information:

  • Returned deposit/Chargeback: $25
  • Wire withdrawal: $25
  • ACH withdrawal: Free
  • Account setup: Free
  • Deposits: Free
  • Debit card withdrawal: Free

Nadex will not charge a settlement fee which exceeds your total settlement payout for a position held until expiration. For example, if your position settles in-the-money at expiration, but your settlement payout is only $0.50, Nadex would charge $0.50 instead of $1.00 in fees. Additional fees may apply under special circumstances.

Trading on Nadex involves risk and may not be appropriate for all. Members risk losing their cost to enter any transaction, including fees. Past performance is not necessarily indicative of future results. None of the material on nadex.com is to be construed as a solicitation, recommendation or offer to buy or sell any financial instrument on Nadex or elsewhere. Nadex is subject to U.S. regulatory oversight by the CFTC. Experience real-time market action with short-term binary options trading. Access 5-minute to weekly options contracts across forex, indices, events, and commodities markets. Get started in minutes - Your trade, made your way with Nadex.