Nadex Alternatives: Pros, Cons, And How It Compares 2025 Update
This alternatives to Nadex guide has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to Nadex to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to Nadex like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their customers. If you feel that Nadex is not quite right for you then it would be worth getting a demo account with some of the best Nadex alternatives and check if they are a better fit for you before moving any money around.
The most in depth guide to Nadex alternatives on the internet
There's many reasons Nadex may not be a good fit for you. For whatever reason you are hunting for a new Nadex alternative or Nadex competitor with better services, comparebrokers.org will always try to give you as much helpful information so you can make an informed choice. Below you will find the most popular Nadex alternatives.
For each of the alternative to Nadex, we also highlight the key differences to Nadex and for each section show you the best competitors. For each Nadex alternative trading platform shown we also have detailed trading platform reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are not happy with Nadex, find some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Using a professional and dependable online broker is crucial to your trading success. All of the Nadex alternative brokers we list in this Nadex alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
Nadex has a minimum desposit of $250, you can see how the minimum deposit requirements of Nadex compare with the minimum deposits of Nadex competitors. Online brokers have lower minimum deposits to get users to join with them, but having higher a minimum deposit isn’t necessarily a bad thing, it all depends on your individual trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
Nadex |
$250 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| instaforex |
$250 |
Alternatives Offering Demo Accounts
Nadex offers virtual portfolio accounts so you can test your trading strategies before risking any real capital. New traders can open a demo account in order to better understand the aspects of Forex trading and test out some of the company’s features before signing up for a live account.
Below we list some of the best alternatives to Nadex that has virtual portfolio accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
Nadex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
Nadex does not provide negative balance protection. If your balance is negative, Nadex indicates that you promptly contact client services. So you can correct any imbalances within your own account.
Below we list some of the best alternatives to Nadex that have negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
Nadex |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
Nadex regrettably, does not provide guaranteed stop loss. Nadex provides a chance to its traders to close their trades in their given price. Aside from that, Nadex does not provide guaranteed stop loss.
Below we detail some of the best Nadex alternatives that offer guaranteed stop loss available for their users.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
Nadex |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
Nadex do permit scalping. Many traders across the world select Nadex for their scalping services. They offer trading on Web,iPad,mac,Desktop,iPhoneiOS which let this.
Below we show some of the top alternatives to Nadex that allow scalping functionality to their customers.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
Nadex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
Nadex do allow hedging. Several traders around the world select Nadex for their large range of services. They offer trading on Web,iPad,mac,Desktop,iPhoneiOS.
Below we list some of the top alternatives to Nadex that allow hedging services to their user base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
Nadex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Nadex offers social trading which encompasses leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of copy trading.
Below we list some of the top Nadex alternatives that have social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
Nadex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Nadex's copy trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of social trading.
Below we list some of the best alternatives to Nadex that offer copy trading to their customers
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
Nadex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare Nadex To All Other Brokers