Nadex – review and feedback on the official USA&CA options trading platform

Min. deposit
250$
Website address
https://www.nadex.com/
Profitability
90%*
Demo account
Yes
Currency
USD
Supported languages
Eng
Active
Yes
* The amount that will be credited to the account in the case of a successful deal

Trustpilot Real Time Reviews

Star

The Trustpilot rating is 4.4,
according to 177 reviews

4.5 Stars
customer
customer
stars
us
Super easy and helpful

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HUGH
HUGH
stars
us
I am presently taking baby steps as this is my very first experience in trading. So far the platform is user-friendly and my experience is a positive one.

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customer
customer
stars
us
Excellent platform easy to learn and reliable

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Chris cedano
Chris cedano
stars
us
Great trading platform

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Eric Louis Ferguson
Eric Louis Ferguson
stars
us
I am really enjoying learning this trading platform. I look forward to many years of trading here.

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customer
customer
stars
us
Kris was extremely helpful and assisted me through the process of setting my account up. He always called back and kept me updated!

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Puneet
Puneet
stars
us
Kris was absolutely the best person I have interacted with from a customer care. He was able to not give up on my issue until it was completely resolved. Awesome guy overall.

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LL
LL
stars
us
So far I am very happy with Nadex. I will update this review in 6 months.

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customer
customer
stars
us
Excellent customer service. Quick responses to my questions.!

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customer
customer
stars
us
You have been excellent responding to my questions.

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customer
customer
stars
us
The customer service is great.

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customer
customer
stars
us
Super helpful and I’m so excited to grow my relationship with this broker!

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customer
customer
stars
us
excellent platform to learn how to trade options

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Ron Fields
Ron Fields
stars
us
I love the Nadex platform. It’s a big change from the other platforms I’ve used in the past. Once I learned how to navigate throughout the Nadex platform I was able to take some trades. I started out practicing using a demo account, then moved on to the Live platform. I gave my review 5 stars, but one feature I would like to see added is a brief tutorial about the bells and whistles of the Nadex platform. I will definitely be recommending Nadex to my friends and family.

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customer
customer
stars
us
I am really enjoying learning from the webinars. I also like the trading platform.

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customer
customer
stars
us
easy to follow and understand

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Sam A
Sam A
stars
us
Great platform. It’s fair with no sketchy or shady features. It’s very intense trading, but very fun. Use money you don’t mind losing! A system of high probability trades over a long term would likely make money.

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Matt customer
Matt customer
stars
us
The people that called me 5 minutes after I opened my account was very willing and helpful that is what I call service when you get a call that quick after opening an account

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Xay Barron
Xay Barron
stars
us
Love the ease of use and help you get from Nadex. Best trading platform out there💯💯💯💯

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customer
customer
stars
us
Thank you Nadex customers service, you are all doing good service, I have much understanding about the trade. I will make sure you get more people to join Nadex, I am very happy.

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Overview of trading platforms: Nadex

A detailed study of trading platforms offering traders various financial instruments for conducting commercial transactions online, shows that most brokers provide their services without having to complete all necessary documents confirming the legality of their activities. Known worldwide trading platform Nadex – the first company that managed to legalize operations with binary options in the US. Regulation of the broker CFTC (Commodity Futures Trading Commission) is a 100% guarantee of the legality of the services provided to traders.

 

Binary Options | Online Trading platform on Forex, Indices, Commodities | Nadex

 

General Information on Nadex

For more than a decade, residents of the American states have used the financial instruments of the company represented to generate profits and multiply their savings. According to the documents the company belongs to the IG Group (London, UK), but its main office is in the states (Chicago, Illinois). At the moment, the services of the trading platform can be used not only by Americans, citizens of other states also have access to financial instruments of the broker. The application created for nadex significantly expands the trader’s capabilities and allows controlling the situation on the trading platform, regardless of the location of the user of the web resource.

Financial instruments

The considered trading platform allows to carry out operations from one account, irrespective of the chosen financial instrument. Clients of a broker can conclude deals using:

● stock indices;

● currency pairs;

● Crypto currency;

● money.

On the site in question, there are special schedules showing the dynamics of changes in financial indicators for each asset.

Open account

On the trading platform nadex login, password and minimal information about the user do not open access to financial instruments of the broker. Each trader must complete a detailed questionnaire and prepare the requested documents (passport, utility bills, social card, etc.), only after meeting these requirements, the user will be entitled to carry out trade transactions. To ensure the safety of the resource, the site administration carefully checks the questionnaires of new users and applies multi-stage registration of accounts.

The demo account provided on the nadex platform allows novice traders to study in detail how transactions are conducted, what to do in order to maximize profits, etc. But before starting to work, experienced users recommend familiarizing themselves with the training material posted on this web resource glossary, comments, videos, etc.).

Trade on nadex: review and analysis of factors that every trader should know

The main feature of the presented trading platform is that the broker does not participate in the bidding. Its main task is the performance of intermediary functions, the platform is the place where the participants of the future financial operation meet.

Another important point is related to the fact that clients’ funds are stored in separate bank accounts (user money is protected from various force major situations). Making up for a nadex review, experienced traders always indicate that this trading platform has reached a high level of development, thanks to the feedback, advice / suggestions of its customers (quite a rare phenomenon for any commercial Internet project).

Replenishment of account and withdrawal of earned money

In addition to the training demo account mentioned above, users of the trading platform have the opportunity to open an individual account (separately for US citizens and traders from other countries) or a trust account (for companies registered in the US states).

Deposit / withdrawal of funds for citizens and companies from the United States is carried out by telegraphic / bank transfer or debit card. Citizens of other countries can use the system of international transfers and a bank (debit) card to solve this issue.

The minimum deposit is 250 dollars. To withdraw money, the administration of the web resource will ask for documents to prove the identity of the client. After withdrawing funds from the Nadex account and until the moment of receiving the money, it takes 1-7 days (depends on the individual characteristics of each transaction).

Cost of services

Another feature of the presented trading platform is the fact that for the conduct of trading operations, the user does not need to pay commissions. For providing the opportunity to use financial instruments, a trader pays only one dollar for each contract (conveniently and inexpensively).

Advantages and disadvantages of Nadex

Analyzing information posted on the network about the Nadex platform: feedback, comments, recommendations, etc., you can highlight the most important advantages of this web resource:

● Low cost of services;

● Caring for the preservation of financial resources of its customers (money is stored on accounts in reliable banks);

● one of the few trade sites that legally provides its services;

● the company’s activities are controlled by US regulatory authorities;

● The web resource offers its customers a wide range of financial instruments for a variety of trading operations;

● provision is made for the protection of clients’ monetary resources from sudden changes in the value of assets;

● on the company’s website there are training materials that allow a beginner with zero level of training, master the principle of the work of trading platforms;

● It is possible to make profit on short-term contracts.

If in the course of work the user of the trading platform has any problems or questions, he can contact the support service. For this purpose, telephone communication and e-mail are provided.

The main “minuses” of this platform are:

● a limited number of ways of input / output of funds;

● the need to provide a large amount of personal information during registration;

● some users believe that $ 250 is a large sum for the first deposit.