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WikiFX | 2025-05-21 14:18

Abstract:Nadex is a North American derivatives exchange that offers short-term options trading. It provides three types of products: binary options, Knock-outs (knock-out options), and Call Spreads (call spread options), covering forex, stock indices, commodities, and cryptocurrency derivative markets. The platform supports desktop and mobile (NadexGO™) access, and also offers free demo accounts and educational resources.

Nadex Review Summary
Founded2007-03-09
Registered Country/RegionUnited States
RegulationUnregulated
Market InstrumentsForex, Commodities, Indices, and Cryptocurrencies
Demo Account✅
Leverage/
Spread/
Trading PlatformNadex (Mac, Windows, and Linux), NadexGO™ (Mobile)
Min Deposit/
Customer SupportEmail: customerservice@nadex.com
LinkedIn, Twitter, Facebook, Instagram, YouTube
North American Derivatives Exchange, Inc. 200 West Jackson Blvd, Suite 1400 Chicago, IL 60606

Nadex Information

Nadex is a North American derivatives exchange that offers short-term options trading. It provides three types of products: binary options, Knock-outs (knock-out options), and Call Spreads (call spread options), covering forex, stock indices, commodities, and cryptocurrency derivative markets. The platform supports desktop and mobile (NadexGO™) access, and also offers free demo accounts and educational resources.

Nadex

Pros and Cons

Pros Cons
Demo account availableUnregulated
Multiple trading instrumentsSingle product line
Withdrawal restrictions
Unprovided leverage and spread

Is Nadex Legit?

Nadex claims to be a legitimate exchange regulated by the CFTC (Commodity Futures Trading Commission), and states that member funds are held in segregated accounts at major U.S. banks. However, it fails to provide specific qualification certificates, and its regulatory status is questionable.

regulated
regulated

What Can I Trade on Nadex?

Tradable Instruments Supported
ForexEUR/USD, GBP/USD, USD/JPY, etc.
CommoditiesCrude oil, natural gas, gold, silver, etc.
IndicesUS 500, FTSE 100, US Tech 100, etc.
CryptocurrenciesBitcoin and Ethereum derivative contracts
Forex

Account Type

Nadex offers Live Accounts, but identity verification is required. It supports real fund trading and provides leverage and fixed-risk contracts.

New users can first register for a free Demo Account, which includes $10,000 in virtual funds for risk-free practice of trading strategies.

Nadex Fees

Product TypeOpening/Early Closing FeeExpiration Settlement Fee
Binary Options$0.10 per contractIn-the-money: $0.10 per contractOut-of-the-money: No fee
Knock-outs/Call Spreads$0.10 per contract$0.10 per contract (regardless of profit or loss)

Trading Platform

The Nadex platform supports both desktop and mobile (NadexGO™). Specifically, it is compatible with devices running Mac, Windows, and Linux systems, as well as mobile phones via the desktop feature.

Deposit and Withdrawal

Deposit

Deposit MethodFeeAvailability Time
Debit CardFreeImmediate
ACH Transfer (US Residents)Free1-5 business days
Wire TransferMay charge a feeProcessed within 24 hours
Paper Check (US Residents)Free5 business days (mailing time)

Withdrawal

Withdrawal MethodFeeProcessing Time
ACH TransferFree3-5 business days
Wire Transfer$25Processed on the same day if requested before the working day cutoff time
Debit CardSingle transaction limit: $10,000Daily limit: $50,000Only the deposit amount can be withdrawn (profit cannot be withdrawn via debit card)

LeverageBrokerCommissionCurrency PairDealer

Related broker

No Regulation
Nadex
Company name:North American Derivatives Exchange
Score
1.58
Website:https://www.nadex.com
5-10 years | Suspicious Regulatory License | High potential risk |
Score
1.58

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