Score
Nadex
https://www.nadex.com
Website
Rating Index
Influence
Influence
B
Influence index NO.1
Contact
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
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Website
- nadex.com 38.99.231.156Server Location- United States ICP registration--Most visited countries/areas- United States Domain Effective Date2007-03-10WebsiteWHOIS.MARKMONITOR.COMCompanyMARKMONITOR INC.
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Company Summary
| 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 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.

Pros and Cons
| Pros | Cons | 
| Demo account available | Unregulated | 
| Multiple trading instruments | Single 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.


What Can I Trade on Nadex?
| 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 | 

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 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) | 
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 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) | |
Keywords
- 5-10 years
- Suspicious Regulatory License
- Regional Brokers
- High potential risk
Disclosure
Blocking 218 Website Domains, CoFTRA Reminds Investment Risks in Illegal Entities
Country/Region
 ID BAPPEBTI
Disclosure time
2023-04-20
Disclose broker
Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities
Country/Region
 ID BAPPEBTI
Disclosure time
2022-09-20
Disclose broker
News

Exposure Massive Forex Scam Allegations Rock Nadex Online
Are you losing your invested capital due to the trade manipulation by Nadex, a US-based forex broker? Is withdrawing profits virtually impossible at Nadex? Have you failed to receive any support from its customer service team? Well, these are sheer indicators of a potential scam waiting to affect you financially. Read on to know more about the latest scam allegations against the broker.

News Best Binary Options Brokers: Top 6 Binary Trading Platforms of 2022
Binary options brokers offer traders an accessible way to make money in the binary options market. However, with so many binary brokers to choose from, picking the best trading platform for your needs can feel overwhelming.
Wiki Q&A
What platforms does Nadex provide?
The Nadex platform works on Mac, Windows, and Linux, and NadexGO™ covers mobile trading. I often switch between desktop and mobile for my nadex trading, which is very convenient.
Which payment methods does Nadex support?
Nadex supports debit cards, ACH transfers (U.S. only), wire transfers, and even paper checks. For withdrawals, I usually use wire transfers for larger amounts and debit cards for quick returns of my initial deposits.
How long does Nadex withdrawal take?
In my experience, ACH withdrawals took 3–5 business days, wire transfers arrived the same day, and debit card withdrawals were instant but only for the original deposit amount. I usually plan withdrawals in advance so I’m never caught waiting.
Can I know the details about Nadex fees?
When I looked into nadex fees, I saw that binary options, Knock-outs, and Call Spreads all cost $0.10 per contract to open or close early. Settlement at expiry costs $0.10 per in-the-money contract, while out-of-the-money contracts are free. If I trade often, these per-contract fees can add up.
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Hanhvu
Vietnam
On March 8, I received an invitation to join Nadex with a capital of 300k. They lured the chickens by backing 5 orders up to 750k and guaranteed to withdraw 400k (receiving 384k for the reason of losing 4% floor fee). After that, I was able to join the group, following orders at 2 time frames: 13:00 and 19:30. Every day +540k profit. After 3 days my profit is 1740k. They lure by offering investment packages with huge profits, the group members' nicknames are fake, a few people pretend to invest and take fake bills, then 2 hours later they report success and receive recognition. For large amounts of money, there is also a receipt transaction bill. People in the group pretended to congratulate me in this and that way. After that, I completely believed it for the reason that there was a woman in the group. I proactively sent messages to ask questions and provide evidence to prove that she was raising chickens. She also expressed doubts, then finally told me that She doesn't trust her anymore, if she doesn't believe in her then she won't believe in her, and I believe it when she joins the 100 million package and gets a huge profit of 2 billion. She went out and recorded a video crying and thanking everyone. Even more extreme is that they pushed me out of the group with the excuse of supporting other members in the investment package. They lured me by suggesting that the company supported investment capital, I only had to deposit 5 million, the number The remaining company supported, and 1 member of the group won 12 billion, leaving 200 million for members who want to join the investment package. And I trusted you to deposit 5 million. And can trade with an investment package of 30 million. After 15 minutes of placing the order, the amount increased to 150 million, they asked me to stop to read the notice and 2 minutes later they informed me that the company required that after the transaction was completed, I had to return 15 million to the supporting company before I could withdraw my profit. I bet 15 million more. Then ended the transaction with the amount of 364 million. They told me to contact customer service to withdraw money. Since then I've had trouble with all the extra fees. They told me I exceeded the profit amount of 360 million and forced me to pay 3,039,991 before I could withdraw the money. I continue to close. Then they told me that the quick disbursement fee would cost 8% of the total profit, so I told them to wait. The next day he told me to pay personal income tax 15,124 million. I stopped paying, and then someone called to ask me to support half of it, and I lost another 5.5 million. Total loss 28.5 million.
Exposure
Hanhvu
Vietnam
I was invited to this Nadex floor on March 8. Initially, they lured me to deposit 300k, the first withdrawal was 380k, then they put me in the group, there were 114 people. Then issue trading orders twice a day at 13:00 and 19:30. Each transaction gets 270k. To request a second withdrawal, the amount must be 3.8 million to withdraw a second time. After that, members continuously invested in higher packages, and all successfully withdrew a large amount of money according to the investment amount. and stated profits. They cheated very well by posting videos of participating members receiving huge amounts of money, being very emotional and crying, and making other people believe, including themselves. Then the person claiming to be a teacher texted me asking about the investment package and the company's support. I deposited 5 million in capital and was able to trade with 30 million in capital. Successful 20p order transaction with a profit of 360 million, with a requirement to pay 15 million of the amount supported by the company before being able to withdraw money. and told me to contact customer service to withdraw money. And in the end, whatever happened happened, I was cheated of 23 million. For many reasons, the last reason is asking me to pay taxes in the amount of 15 million 124 thousand. I said I didn't have any more money, they told me to report to CTY and cancel my withdrawal transaction. Please help me get my 23 million back. Borrowing money is very miserable
Exposure
Wymans
United Kingdom
When I opened my account, I found that Nadex offered only two types of accounts. Nadex offers trading 23 hours a day, with an hour off from 5pm to 6pm for exchange maintenance. Nadex offers trading 23 hours a day, with an hour off from 5pm to 6pm for exchange maintenance.
Neutral
FX1287201128
United Arab Emirates
My withdrawal through my credit card was not smooth. Two weeks passed, I still haven’t received my money. My account manager asked me wait and wait…
Neutral
范志华
Hong Kong
I tried a free demo Nadex account for a while. Trading is just like a box of chocolates, never knowing which trade can succeed and therefore taste better than others.
Neutral