Nadex Review

Rating:

If you desire to find a really decent broker, then Nadex options broker is worth your choice. Standing for North American Derivatives Exchange, it definitely has something special to offer a BO trader. What exactly? Our review will make that explicit.
NADEX review
Min. Deposit: $100               Demo: No

Platform: Custom                Bonus: N/A

Regulation: CFTC                US Clients: Yes

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Honest Nadex review: About the Company

The first thing that should be outlined is that Nadex impressed us. We were pleased with the detailed open information provided on the website. It tells us that Nadex headquarters is located in 311 South Wacker Drive, Suite 2675, Chicago, IL, United States. It goes without saying that this broker accepts US clients. The company was founded in 2010, so with the 5 year experience Nadex managed to prove itself being a good broker with relatively long trading history. Be aware that at this broker your funds are segregated.

Nadex review

Furthermore, our Nadex review found out that this broker is regulated by CFTC and this means that Nadex can be trusted. US laws are strict and if anything unpleasant occurs, it would hit the reputation of this broker.

Nadex offers a variety of educational features. It grants an access to trading webinars, trading handbooks, glossary and different videos related to trading. The only language available is English.

Nadex Trading Accounts Terms

The minimum initial deposit requirement is $100, which is more than adequate. Well, our review has also discovered that there is solely one account kind available at this binary broker. Frankly speaking, it is a fascinating decision. The policy like this makes all BO traders equal and the support is just the same for all traders, rather than creating many packages.

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Nadex Trading Markets

Nadex binary options are based on a simple yes/no proposition, they offer an intuitive way to trade the financial markets. Moreover, you always know your reward/risk prior to place each trade. Flat market opportunities is one of the reasons why you should choose this binary broker as you can benefit from volatility, even when the underlying markets are quiet. Additionally, you can benefit from fast market movements doubled with short term expirations. It is vital to admit spike protection, so that you can trade with confidence without even being stopped out.

Nadex Binary Options Broker

Beside excellently supporting binary options trading, Nadex permits a trader to try his luck at a wide range of markets. Nadex review identified the following: Stock Indices, Forex, Events, Bitcoin and Commodities.

Nadex Binary Options Platform

What is interesting about Nadex is that it offers 4 different trading platforms. Their list includes: Nadex trader, Nadex pro trader and Mobile Trading. The fourth platform is the free demo trading, and that means that you can backtest the platform for yourself to outline its benefits and possible pitfalls without involving your real money.

Technically, you do not need to download any kind of software, because you can trade with Nadex directly on your browser. If you have some questions, you can always watch very extensive tutorial videos as well as text explanations to adjust to the platform as soon as possible. With these tutorials and education programs you can quickly move to the core platform – Nadex trader.

Nadex reviews

As you understand, Nadex binary broker platforms are its own custom ones. They work almost the same as the majority of web-based binary trading platforms, still with some distinctions. BO traders have direct market access and the bid-offer prices are openly shown. Nadex platforms grant the trader with outstanding functionality. Your trading orders are executed swiftly, demonstrating a great efficacy of Nadex BO trading. Although Nadex platforms are more appropriate for experienced options traders, it will not take a long time for beginners to learn.

Charts in this platform deserve an additional word. They are pretty comprehensive and posses a nice arsenal of tools and options. Indeed, price are streamed in real-time mode.

Nadex Broker Deposits and Withdrawals

Nadex has developed an exquisite system of deposits and withdrawals. Knowing that you deal with a trusted broker, you can be calm that you money go where intended. Therefore, you can deposit your trading account by using a debit card, wire transfers and if you are a US resident – you can use ACH.

With a debit card, your account will be funded almost instantly. Even though some Nadex reviews can doubt that, do not believe them. The maximum amount you can deposit is $50,000, although your bank might have lower limits. As for the wire transfers, you have to pay $20 commission per each transfer, with a limit for 4 wire transfers per calendar month.

Withdrawals are made just in the same way as deposits. If you are a US resident, you can withdraw by using ACH, waiting from 3 to 5 business for your money to return. What’s more, no fee is charged via ACH.

As for other ways of withdrawal, wire transfers charge a $25 fee for funds to return. You need to wait 14 days from the deposit date to withdraw funds. Withdrawal requests are received after 4PM ET, Monday through Thursday, or after 3:15 PM ET on Friday. Your request will be processed the following business day.

With debit cards you can withdraw funds in the same way you make a deposit. In addition, almost all Nadex reviews admit that the website does not mention any bonuses.

Nadex Customer Support

Customer support is not the strong side of Nadex. Thereby, only e-mail, fax and phone are available if you need any help.

Nadex Account Application

For Nadex options broker is important who you are. Thus, they have created not a simple registration. You have to go through some account application steps. Still, we find this good. Comparing to the scam brokers that create sign up in a couple of clicks, Nadex cares who it deals with. With a trustworthy broker opening an account is a prudent decision.

Nadex broker review

Nadex Review Conclusion

We may undoubtedly say that this broker is a reliable trading partner. Being regulated and offering a wide range of trading capabilities, Nadex binary broker definitely deserve the place in your best binary brokers list.

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Conclusion
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Nadex Broker
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