Nadex Guide – Read our In-Depth Nadex Review
Nadex Rating: 1.01 / 10
Our proprietary rating algorithm takes all of our datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones.
This Nadex review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this Nadex review does not apply to users in BR, KR, IR, IQ, SY, JP, US
If you are a new entrant in the realm of trading and brokerage, so many facts will be confusing for you. Getting into the area of trading requires expert assessing skills and comprehensive understanding. You'll get adept at all of the concepts of brokerage as you keep trading. For starters, you need to choose the ideal broker who will be clear with you constantly.
In this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment program will create hefty returns. Nadex is one such platform that will take you along with your investment to great heights. It's important to know all about Nadex until you trust them with your money.
Nadex Guide – Quick Summary
Nadex Telephone Number:
Nadex Email Address:
Number Of Clients:
10,000+ Nadex users and traders
Nadex Facebook Likes:
Nadex Twitter Followers:
Nadex Instagram Followers:
Your capital is at risk
|Nadex Telephone Number:|
|Nadex Email Address:|
|Number Of Clients:||10,000+ Nadex users and traders|
|Nadex Facebook Likes:||0|
|Nadex Twitter Followers:||0|
|Nadex Instagram Followers:||0|
Your capital is at risk
Our entire Nadex Review covers all you need to learn about trading using Nadex. A fantastic broker can multiply your first investments and provide you favourable profits. If you want to make profits, you must trade with a brokerage service that contrasts with your investing objectives.
There's absolutely no sure-fire method to ensure profits; therefore, you must carefully assess your agent before you choose them. It is a frequent misconception that all brokers are the same, but that's not true. Wrong judgment, initially, can put your investments in danger.
Nadex is a broker which has paved its way successfully to the broker world. In this review, we have tried to collate some of the vital facets of Nadex. This review will help you to understand whether Nadex is a fantastic match for your investments or not. We have attempted to breakdown all the features and fees for your advantage.
Nadex Review, Table Of Contents
- Who are Nadex?
- Benefits Of Trading With Nadex
- Everything you should know about trading with Nadex
- Is Nadex Safe To Trade With?
- Nadex Risk Disclaimer
- Pro's & Con's Of Trading With Nadex
- Compare Brokers Similar To Nadex
- Regulation And Licencing In More Detail
- Nadex Awards
- Minimum Deposit Required For A Live Account With Nadex
- Nadex Commission And Fees Explained
- Compare broker fees against Nadex
- Nadex Withdrawal Fees Explained
- Nadex Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With Nadex?
- Alternatives To Nadex
- Frequently Asked Questions About Nadex
Who are Nadex?
Nadex is a foreign exchange broker headquartered in USA and provides a variety of instruments for online trading. Since its start in 2008, Nadex has emerged as a leading player in the industry of online brokerage. Nadex has an extremely competitive and full-featured trading website that's focused on forex, indices, metals, stocks and commodities.
Over the past 13 years, Nadex has grown into one of the leading online brokers.
After launching in 2008, their consumer base is becoming as big as 10,000+ clients.
Nadex is a favourite for many dealers.. Our Nadex review discovered that they're an excellent choice for automated trading solutions. It is most appropriate for investors that are looking for an assortment of assets. Social and automated trading solutions are the heart at Nadex.
Technology plays a substantial role in Nadex. Nadex offers trading on Web,iPad,mac,Desktop,iPhoneiOS. Nadex is honest, transparent, and also a well-regulated agent by the Unregulated. Their outstanding variety of tools will be beneficial for most traders. Third-party partnerships also provide in-house analysis.
The trader resource section at Nadex is very insightful for new dealers as it allows them to get a closer look at the financial markets. Nadex caters to all sorts of traders and are a must-have broker for almost any well-diversified approach to trading.
If you feel that Nadex is not right for you then at the bottom of this Nadex review you wil find a lot of alternatives to Nadex.
What you should know about trading using Nadex
Nadex is a dynamic platform that provides various procedures of online trading. These tools cover the financial markets substantially. Most of the brokerage platforms offer fewer approaches than Nadex
If you want to trade with Nadex, you'll need a minimum deposit of $250. This deposit is mandatory if you want to start trading with Nadex. This 2021 Nadex review will direct you clearly about trading with them.
Nadex is as flexible as any other brokerage platform. Nadex is ideal for traders that want a manageable range of cheap services. The platforms supplied by Nadex are third party, white-label offerings. All traders may select out of Web,iPad,mac,Desktop,iPhoneiOS.
Together with everything, Nadex has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time over which a transaction has to be kept available. The brokers offer premium client service which rewards customers with benefits.
Many unethical brokers attempt to pressurise customers into larger financing for superior services. Nadex, on the other hand, is more focused on trading volume. Traders can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the further benefits will come along.
Nadex accounts are available globally and provides quality service wherever they have customers. There are some select few countries where Nadex accounts are not available. Traders in the following countries cannot open or use a Nadex account:
BR, KR, IR, IQ, SY, JP, US
Is Nadex Safe To Trade With?
Launched in 2008, Nadex has been operating for 13 years, they have a head office in USA.
Nadex is regulated by Unregulated. These bodies have rules that ensure that trading platforms have steps in place to keep investor's resources secured. This usually means that Nadex users don't need to be worried about their money as it's segregated and safely stored in established banks. SSL encryption simplifies each user's private information also.
You are able to make use of a choice for Two Factor Authentications (2FA) with Nadex for heightened safety. An SMS with the verification code will be sent to your phone. You'll be required to enter this code to log into your accounts.
Another concern with fiscal brokers is in respect to security might be manipulation of trading. This is highly disadvantageous for users on these platforms. Nonetheless, this is more widespread in the case of Market Maker brokers who compete with customers on the platform.
Nadex Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With Nadex
Every online trading platform will have some ups and downs, and no Nadex review would be complete without having a balanced approach. This Nadex review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
- Nadex is trusted by 10,000+ clients
- Nadex has low minimum deposit requirements
- Nadex doesn't charge withdrawal fees
- Nadex doesn't charge deposit fees
- Nadex offers social trading
- Nadex offers copy trading
- Nadex offer trading on Web,iPad,mac,Desktop,iPhoneiOS
- Nadex offer 272 trading instruments
- Nadex trades major forex pairs
- Nadex can communicate in English, and Chinese
- Nadex does not offer Negative Balance Protection
- Nadex does not offer Guaranteed Stop Loss
- Nadex charge inactivity fees
- Nadex doesn't trade minor forex pairs
- Nadex doesn't trade exotic forex pairs
- Nadex doesn't offer trading on cryptocurrencies
- Nadex charge CFD fees
- Nadex doesn't offer trailing stop
Nadex Review - Compare Brokers Similar To Nadex
|Nadex||titan fx||ATFX||noor capital markets|
|Rating||1.01 / 10||5 / 10||4.23 / 10||6.45 / 10|
|Regulated By||Unregulated||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F325||Cyprus Securities and Exchange Commission (CySEC)||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F286|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk|
Nadex Review - Regulation And Licencing In More Detail
Nadex is regulated by Unregulated.
Nadex, as a business, has a powerful collection of rules for ensuring honest trading on its platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).
As per the organization's privacy regulations, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Nadex Review - AwardsAt the time of writing this Nadex review, and despite Nadex’s impressive offering, the company has surprisingly not garnered any other awards to date.
Nadex Trading Platforms
Nadex are a reputable trading platform that has been operating for over 13 years. They offer a large range of options in their client accounts.
Below we take the main parts of any good broker and compare Nadex with titan fx, ATFX, and noor capital markets
Nadex Review - Minimum Deposit Required
The minimum deposit you must deposit to get started on Nadex is $250. This is a decent amount for those just starting out. It's possible to make more advanced deposits as you go along. However, make certain that you understand how to make the most of your money before investing in larger amounts.
Nadex Review - Commission And Fees Explained
Nadex is an online broker platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. That is, an online broker is not necessarily affected by the amount of customers they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily 3 different types of penalties for this purpose.
The first sort of charges to look out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are billed trading fees. In these instances, you're paying a spread, financing speed, or a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are people that are billed when you hold a leveraged position for longer than daily.
Aside from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake in your account. They're charged for services like depositing cash, not trading for lengthy periods, or withdrawals.
In general, Nadex doesn't charge high fees in comparison to other online brokers. For operations other agents charge for, they do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who often exchange, for example daily or weekly trading.
But, non-trading fees billed by Nadex are comparatively competitive. Consequently, you are charged more for non-trading actions in your trading account, like withdrawal and deposits. These are not about the purchase and sale of assets.
This Nadex review breaks down each of the relevant non-trading charges for you in detail.
Compare broker fees against Nadex
Nadex Review - Withdrawal Fees ExplainedNadex doesn't charge withdrawal fees
Withdrawal of cash is possible at any time from the Nadex account. You can draw sums up to the sum of your account balance, keeping aside the perimeter used. 1 thing to keep in mind is that you don't always need to have any money in your account.
In addition, the withdrawn money will be moved directly to the accounts you use to create deposits. Therefore, if you used a credit card for deposits, the withdrawn cash will be sent into the card. Nadex will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the currency you're opting to withdraw in.
Nadex Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is one of those buzzing questions which run through your head when open an account with Nadex. An inactivity fee is an amount charged to registered dealers who haven't engaged in purchasing or selling for a while. The period considered inactive is determined by the broker.
The inactivity fee also differs from 1 broker to another and is not generalized. If a dealers account does not have a purchasing or selling trade, it is claimed by the broker as an inactivity fee. The traders have to pay this commission under conditions and terms that they had consented while enrolling.
Nadex charges an inactivity fee when you don't create any trades for a while.
Even if no fees are indicated by Nadex, it is better for you to close the account if you're inactive. Inactivity fees are not only charged by broker firms but also many financial services.
For additional trading platforms, the inactivity fee is contingent upon the type of account you have chosen. The inactivity fee is exposed to a lot of circumstances and needs to be disclosed clearly by the agent beforehand.
Nadex Review - Deposit Fees Explained
When you move money into your trading account by the bank account, a deposit fee can be billed by the broker. Most agents do not charge too much money for this particular operation.
Nadex doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the Nadex trading platform is easy. You just have to finish a single-user profile questionnaire to begin depositing money into your trading account. You will need to provide an identity evidence and proof of residency to deposit substantial amounts.
Nadex Review - Compare Broker Deposit Methods
What Can You Trade With Nadex?
Note: Nadex offers a lot of different trading instruments due to regulatory restrictions in many countries. Trading instruments offered can differ depending on the country of residence of the client.
Nadex has a wide variety of over 272 instruments available for you to trade with.
If trading currency pairs is of interest to you then Nadex offer over currency pairs.
Compare Nadex, titan fx, ATFX & noor capital markets below.
Reviewing The Nadex Mobile App
Note: Nadex's mobile app has a lot of functionality and is being developed all the time. The table below was accurate at the time of writing this Nadex review.
Understand the capabilities of the mobile apps of Nadex, titan fx, ATFX & noor capital markets below.
Alternatives To Nadex
If, after reading this Nadex review, they do not meet your needs check out these Nadex alternatives.
We have scoured the web to find the best alternatives to Nadex. Click on the hyperlinks below to learn more.
Frequently Asked Questions about Nadex
Can I try Nadex before I buy?
Yes, you can most definitely try Nadex before you buy. Nadex offers demo accounts for the convenience of inexperienced traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you sign up for a demo account on Nadex, you may set out with a decent amount of virtual currency. It's to establish a sense of security and confidence in you until you decide to spend your own money.
With this digital Nadexdemo account, you can experiment at all, to whatever period you desire. You can even start positions, examine different trading strategies, and much more.
Nadex specifies on its official site that you are able to trade real time stocks in a demo account.
Is Nadex safe?
It is possible to drop all of your worries since we believe that Nadex is completely safe to use. It is in compliance with all the rules of Unregulated.
Even so, Nadex doesn't provide assured stop-loss protection.
Why does Nadex ask for my passport?
The reason that Nadex asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Nadex has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Nadex must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Nadex?
The process to start trading withNadex is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Nadex website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Nadex is $250. You should have a good understanding of the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with Nadex.
The best way to kickstart your trading career with Nadex is to open a demo account facility before risking any real money
What funding methods do Nadex accept?
There are multiple methods to finance your account with Nadex. The process is effortless and quick, with different payment methods at your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You must keep in mind that PayPal is not available in every place. The monies Nadex
Is my money safe with Nadex?
Yes, your cash is safe and protected with Nadex. As you know, Nadex works with proper conformation to. It has established plenty of steps to protect all its own investors.
Nadex protects its customers' private and sensitive information under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you want to further protect your accounts, you can empower Two-Step Verification as well. It takes an SMS confirmation that you get your accounts.
Is Nadex trading good?
Yes, trading through Nadex is a nice and decent experience indeed. It is a great and intuitive platform with useful features for your simplicity. In addition, you could even obtain access to a huge collection of educational resources and assistive substance to kickstart your trading expertise.
If you are still skeptical, it is possible to open a eToro demo account and evaluate the credibility of the platform on your own.
Which Countries does Nadex support?
Nadex operates across the world. However, due to regulations there are some countries that Nadex do accept clients from BR, KR, IR, IQ, SY, JP, US
Is Nadex legit?
Nadex is a legit company headquarted in USA since 2008. They are regulated by Unregulated. Nadex is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Nadex a good broker?
Nadex is an excellent broker, and its users may vouch for this. The highlight of the platform is its quick order execution on transactions.
You'll discover the clean design of this platform and the admirable features that a pleasure to work with.
Is Nadex a trustworthy broker?
Yes, Nadex is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for Nadex?
The minimum deposit to open a live account with Nadex is $250
How long do Nadex withdrawals take?
Normally, withdrawal of money from Nadex is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Nadex to show in your bank account.
Are Nadex regulated?
Nadex are regulated by Unregulated
Is Nadex a market leading broker?
Nadex is currently one of the business leaders. It supports over 10,000+ registered users and over 13 years of expertise on its own record. They're among the world's top trading platforms and a prominent figure in the Fintech revolution.
It majorly owes this standing to its incredible platform and broad range of resources plus tools so that you may invest in capital markets.
Is Nadex a con?
No, Nadex is not a con. They are regulated by Unregulated and must adhere to their rules. Thus, it is safe to say that Nadex is not a scam.
Can you make money with Nadex?
Through Nadex, many traders make a lot of cash. However, on average, through consistent trading, you can make between 2% - 10% profit a month.
This may seem to be a small number, but over the entire year, this adds to a substantial number of gains. Even though Nadex provide you all the tools to make money, they can't guarantee that you will gain.
Does Nadex have fees?
Yes. To start trading with Nadex, you need to deposit $250. Particular commissions while trading additionally apply. Any processing fees from your bank might have to be incurred by you.
When was Nadex founded?
Nadex was founded in 2008 in USA. Nadex is regulated by Unregulated.
How many people use Nadex?
Nadex is a worldwide recognised agent with 10,000+ customers.
Where is the Nadex head office?
Nadex has its head office in USA
Does Nadex offer negative balance protection?
No. Nadex doesn't offer negative balance protection. If your balance is negative, Nadex suggests that you contact client services. With this, you are able to fix any imbalances within your own account.
Does Nadex offer guaranteed stop loss?Nadex unfortunately, does not offer guaranteed stop loss. Nadex provides an opportunity to its traders to close their trade in their specified price. Apart from that, Nadex doesn't offer guaranteed stop loss.
Does Nadex allow scalping?Yes, Nadex do allow scalping. Several traders throughout the world choose Nadex for their scalping services. They offer trading on Web,iPad,mac,Desktop,iPhoneiOS which let this.
Does Nadex allow hedging?
Yes, Nadex does allow hedging.
Can you trade energies with Nadex?
Yes, you can trade energy stocks with Nadex
Can you trade agricultural shares with Nadex?
Yes, you can trade agricultural stocks with Nadex
Can you trade cryptocurrency with Nadex?
No, unfortunately you cannot trade cryptocurrency with Nadex
Can you trade metals with Nadex?
Yes, you can trade metals with Nadex
Can you trade UK Shares with Nadex?
No, unfortunately you cannot trade UK shares with Nadex
Can you trade US Shares with Nadex?
Yes, you can trade US shares with Nadex
Can you trade Japanese Shares with Nadex?
No, unfortunately you cannot trade Japanese shares with Nadex
Can you trade German Shares with Nadex?
No, unfortunately you cannot trade German shares with Nadex
Does Nadex accept bank transfers?
Yes, Nadex accepts bank transfers for depositing money.
Does Nadex accept credit cards?
Yes, Nadex accepts credit cards for depositing money.
Does Nadex accept PayPal?
No, Nadex does not accept PayPal.
Does Nadex accept Skrill?
No, Nadex does not accept Skrill.
Does Nadex accept Payoneer?
Yes, Nadex accepts Payoneer for depositing money.
Does Nadex accept Neteller?
No, Nadex does not accept Neteller.
Does Nadex offer Live Chat customer support?
Yes, Nadex offers customer support through live chat.
Does Nadex offer phone customer support?
Yes, Nadex offers customer support over the telephone.
Does Nadex offer email customer support?
Yes, Nadex offers customer support through email.
What languages can Nadex communicate in?
Nadex has the ability to communicate and support customers who speak: English, and Chinese
Does Nadex have a wikipedia page?
No, Nadex does not have an official wikipedia page.
Does Nadex offer demo accounts?
Yes, Nadex offers demo accounts so you can learn their systems before risking any real capital. New traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of the company’s features before risking a live account.