Nadex Alternatives: How It Compares Updated for 2024
This alternatives to Nadex guide has been updated for 2024 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 users. If you feel that Nadex is not quite right for you then it would be worth getting a virtual account with a range of the top Nadex alternatives and ensuring that they are a better fit for you before moving any money around.
The most complete review of Nadex alternatives on the internet
There's a lot of reasons Nadex may not be a good fit for you. Whatever reason you are looking for the best Nadex alternative or Nadex competitor with similar services, comparebrokers.org will always try to give you as much useful information so you can make an informed decision. Below you can find the top Nadex alternatives.
For each of the alternative to Nadex, we break down the key differences to Nadex and for each section show you the best competitors. For every Nadex alternative trading platform listed we also have detailed broker 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 unhappy with Nadex, discover some great alternative brokeragesbrokers|online trading platforms|brokerages.
Having a professional and dependable trading platform is vital 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 check how the minimum deposit requirements of Nadex compare with the minimum deposits of Nadex competitors. Trading platforms often have lower minimum deposits to get users to test them out, but having higher a minimum deposit requirement 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 Virtual Portfolio Accounts
Nadex offers virtual portfolio accounts so you can learn their systems before risking any real capital. New traders can open a demo account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before getting a live account.
Below we detail some of the best alternatives to Nadex that has demo 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. Then you are able to fix any imbalances in your own account.
Below we list some of the best alternatives to Nadex that has 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 unfortunately, does not provide guaranteed stop loss. Nadex provides an opportunity to its traders to close their trade in their specified price. Apart from this, Nadex does not offer guaranteed stop loss.
Below we show 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 allow scalping. Many traders across the world choose Nadex due to their scalping services. They offer trading on Web,iPad,mac,Desktop,iPhoneiOS which allow this.
Below we detail some of the top alternatives to Nadex that allow scalping functionality to their users.
| 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 across the world select Nadex due to their large range of services. They offer trading on Web,iPad,mac,Desktop,iPhoneiOS.
Below we show some of the top alternatives to Nadex that offer hedging services to their customer 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. Intermediate traders can then absorb this expert knowledge and create their own trades. This is independent copy trading..
Below we show some of the best Nadex alternatives that allow 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. Which stocks they are following, what stocks to buy, and what stocks 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 Nadex alternatives that offer copy trading to their users
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
Nadex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare Nadex To All Other Brokers