Nadex Overview
| Website | nadex.com |
| Year Founded | 2009 |
| Countries of Registration | United States |
| Website Languages | English |
| Regulators | CFTC |
| Broker Type | MM |
| Dealing | B-book |
| Minimum Deposit | $1 |
| Account Currencies | USD |
| Spread | N/A |
| Trading Platforms | Nadex Web Platform, NadexGo™ (iOS, Android) |
| Trading Assets | Currencies, Commodities, Indices, Cryptocurrencies |
Brief look at Nadex
Nadex (North American Derivatives Exchange) is the only US-based retail exchange offering fully regulated binary options, call spreads, and knock-out contracts. Regulated by the CFTC, Nadex matches orders on an exchange order book, so you trade directly with other participants rather than against the broker. Contracts are cash-settled at $0 or $100, ensuring strictly limited risk, and accounts can be opened with no minimum deposit. Since 2022 Nadex has been part of the Crypto.com group, aiming to expand access to innovative derivatives products while maintaining compliance with US regulations.
Pros
- CFTC-regulated US exchange
- No minimum deposit; $1 minimum contract size
- Transparent, low fees – $1 per side, capped at $50
- Proprietary web & mobile platforms with free real-time data
- Fixed-risk contracts eliminate negative balance risk
- Free unlimited demo account
Cons
- Available mainly to US residents; many states/countries restricted
- Only short-term binary products – no traditional spot FX or CFDs
- Wire withdrawals incur a $25 fee
- No MetaTrader or third-party algorithmic trading support
Is Nadex available in my country?
We just checked and
Nadex accepts clients from United States!
Your capital is at risk
Nadex Reviews
Nadex is a fantastic broker for trading options! The demo account feature is great for beginners to practice before they sign up for a live account. I appreciate the quick withdrawal time, and their mobile app is user-friendly.
9/15/2023I’ve been trading forex on Nadex for a few months now. The minimum deposit is reasonable, and I love the variety of account types available. The spreads are competitive, and the leverage options are flexible for my trading style.
10/2/2023Overall, my experience with Nadex has been positive. The login process is smooth, and the platform offers advanced features for analysis. I’ve also taken advantage of their bonus offers which have been a nice addition to my trading funds.
10/10/2023While Nadex has a solid trading platform, I found the withdrawal time to be longer than I expected. The app is decent.
8/29/2023I started with a demo account on Nadex and was impressed with how easy it is to use. The ability to download their platform for easier access was a plus. I'm looking forward to trading live soon as the experience has been great!
9/25/2023Leave a Review
Is Nadex regulated?
| Companies | North American Derivatives Exchange, Inc. (Crypto.com group) |
| Countries | United States |
| Regulators | CFTC |
| Investor Protection | - |
| Investor Protection Size | - |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
Nadex Account Types
Nadex does not have accounts for CFD trading.
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
Binary Options
| Account | Binary Options |
|---|---|
| Minimum Deposit | $1 |
| Option Types | Binary Options, Call Spreads, Knock-Outs |
| Minimum Stake | $1 |
| Payout | from 0% to 100% |
| Expiration Time | from 5 minutes to 24 hours |
Nadex Funding and Fees
| Base currencies | USD |
| Deposit and withdrawal methods | Debit Card, ACH Bank Transfer, Wire Transfer |
| Inactivity fee | $10 per month after 12 months of inactivity |
| Interest on margin | |
| Withdrawal Fee | Wire withdrawal $25 |
Nadex Trading Platforms and Conditions
| Trading Platforms | Nadex Web Platform, NadexGo™ (iOS, Android) |
| Execution Speed | 50 ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | N/A |
Nadex Trading Assets
| Currencies | 11 |
| Indices | 5 |
| Stocks | 0 |
| Cryptocurrencies | 18 |
| Bonds | 0 |
| Metals | 2 |
| Energies | 2 |
| Soft Commodities | 0 |
| ETFs | 0 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
Nadex Support
| customerservice@nadex.com | |
| Phone | +1312-884-0100 |
| YouTube | YouTube |
Nadex Alternatives
| Broker | Nadex | Pocket Option | Olymp Trade | Expert Option | IQ Option | Binomo |
|---|---|---|---|---|---|---|
| Type | MM | MM | MM | MM | MM | MM |
| Minimum Deposit | $1 | $5 | $10 | $10 | $10 | $10 |
| Regulators | CFTC | MISA | VFSC | SVGFSA | CySEC, SVGFSA | SVGFSA |
| Platforms | Nadex Web Platform, NadexGo™ (iOS, Android) | Pocket Option, MetaTrader 5 (MT5), MetaTrader 4 (MT4) | Olymp Trade | ExpertOption | Quadcode | Binomo |
| Spread | N/A | high | high | N/A | average | N/A |
| Leverage | 1:1 | 1:200 | 1:500 | 1:1 | 1:500 | 1:1 |
| Assets | Currencies, Commodities, Indices, Cryptocurrencies | Currencies, Commodities, Indices, Stocks, Cryptocurrencies | Currencies, Stocks, Cryptocurrencies, Metals, Energies, Indices, ETFs, OTC, Composite | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Commodities | Currencies, Indices, Stocks, ETF, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Commodities, Indices, Stocks, Cryptocurrencies |