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 | |
| Founded | 2007-03-09 |
| Registered Country/Region | United States |
| Regulation | Unregulated |
| Market Instruments | Forex, Commodities, Indices, and Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | Nadex (Mac, Windows, and Linux), NadexGO™ (Mobile) |
| Min Deposit | / |
| Customer Support | Email: customerservice@nadex.com |
| LinkedIn, Twitter, Facebook, Instagram, YouTube | |
| North American Derivatives Exchange, Inc. 200 West Jackson Blvd, Suite 1400 Chicago, IL 60606 | |
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.

| Pros | Cons |
| Demo account available | Unregulated |
| Multiple trading instruments | Single product line |
| Withdrawal restrictions | |
| Unprovided leverage and spread |
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.


| Tradable Instruments | Supported |
| Forex | EUR/USD, GBP/USD, USD/JPY, etc. |
| Commodities | Crude oil, natural gas, gold, silver, etc. |
| Indices | US 500, FTSE 100, US Tech 100, etc. |
| Cryptocurrencies | Bitcoin and Ethereum derivative contracts |

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.
| Product Type | Opening/Early Closing Fee | Expiration Settlement Fee |
| Binary Options | $0.10 per contract | In-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) |
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
| Deposit Method | Fee | Availability Time |
| Debit Card | Free | Immediate |
| ACH Transfer (US Residents) | Free | 1-5 business days |
| Wire Transfer | May charge a fee | Processed within 24 hours |
| Paper Check (US Residents) | Free | 5 business days (mailing time) |
Withdrawal
| Withdrawal Method | Fee | Processing Time |
| ACH Transfer | Free | 3-5 business days |
| Wire Transfer | $25 | Processed on the same day if requested before the working day cutoff time |
| Debit Card | Single transaction limit: $10,000Daily limit: $50,000Only the deposit amount can be withdrawn (profit cannot be withdrawn via debit card) | |

Did you experience a surprise cancellation of the profits made on the Fake FP Markets trading platform? Did you face more losses than what’s mentioned on your stop-loss order? Did you lose all your capital invested through a supposedly introducing broker? Failed to receive access to the FP Markets withdrawal despite a long delay from the application date? You are not alone! In this Fake FP Markets review article, we have investigated some complaints concerning withdrawal denials and trade manipulation. Read on as we share updates below.

Did you experience a difference in the CMTrading withdrawal experience when requesting a small and a large amount? Did the Cyprus-based forex broker accept your requests when the withdrawal amount was small and deny when it was high? Were you told to pay a processing fee that seemed illegitimate in your context? Did the broker scam you by prompting you to deposit more after showing your initial profits? In this CMTrading review article, we have investigated the broker in light of the complaints. Check them out.

CySEC #395/20 regulates Sheer Markets as a Market Maker for MT5 CFDs, but 1:30 leverage, inactivity fees, and the lack of e-wallets raise questions about reliability. Read a neutral review before depositing $/€200.

NinjaTrader offers strong futures/forex platforms but faced a $250K NFA fine for AML lapses. Regulated status holds. Read the full 2026 review.