NADEX Review

This is an essential site for traders in the US as it the only site that is fully regulated as a Binary Options Broker for this market. Founded in 2010, it is licenced by the CFTC and stands for North American Derivatives Exchange in Chicago. This site is more than just a broker site; it is also a broker exchange. This allows for a good number of assets to be available on the site, including the popular forex, indices and commodities, as well as bitcoin and more. This site is fully web-based, and there is no need to download…

Review Overview

Customer Service
Asset Choice
Withdrawal
Bonus Offers
Deposit Method

Good

Summary : Traders in the US who are looking to minimise their risk when trading will choose NADEX as their primary broker.

This is an essential site for traders in the US as it the only site that is fully regulated as a Binary Options Broker for this market. Founded in 2010, it is licenced by the CFTC and stands for North American Derivatives Exchange in Chicago. This site is more than just a broker site; it is also a broker exchange. This allows for a good number of assets to be available on the site, including the popular forex, indices and commodities, as well as bitcoin and more. This site is fully web-based, and there is no need to download or install any software. It is also possible to use a mobile app, compatible on iPhone, iPad and Android devices.

 

Getting Started

In order to begin using NADEX, you need to open an account with a minimum deposit of $100. Once you do this, you gain access to the demo account with $25,000 virtual money which enables you to practice and become familiar with the four different trading platforms. To improve your chances of making a good return, you should go through the detailed education tools that are available on NADEX.

To get the most out of this site, you need to have some experience with Binary Options Trading, so it is not the best place for a beginner to be. There are a number of fees to be aware of including $1 for every contract filled and $1 for every contract settled.

Nadex Desktop Trading Platform
Nadex Advanced Desktop Binary Options Trading Platform

 

Special Features

NADEX has some features that you will not find anywhere else. To begin with, in addition to the usual assets, you can also trade events on this site. When trading with NADEX, the options are worth either $0 or $100. This will depend on whether you complete your trade in the money or out of the money.

The NADEX site is much more flexible than other sites as there are so many other types of tradable options, and this makes it possible for a trader to get a larger return. Some of the options that you can find include 5 minute daily and weekly options, Fed Funds Rate, Jobless Claims and Silver.

When trading on this site, you will realise it stands out for being professional, in both its layout and the way that you execute the trade. You can benefit from real time information from financial and forex markets, to help you monitor your trades and lead you to higher returns.


Video Introduction To The NADEX Broker Company

Deposits and Withdrawals

To make things easier for the trader, there are several ways to make deposits and withdrawals. US traders have a range of options including debit cards, wire transfers, automated clearing house (ACH) network bank transfer and paper checks for deposits. For withdrawals, all these with exception of the paper check can be used. Traders who are outside the US have two options for deposits and withdrawals, and these are debit cards and wire transfers.

 

Customer Service

The customer service from NADEX is exceptional. Customer service representatives are available 24/7 a day on the phone to handle customer queries. You can also reach customer service through email or fax and you are guaranteed that the response will be swift and helpful.

 

Traders in the US who are looking to minimise their risk when trading will choose NADEX as their primary broker.

 

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