Nadex is a U.S. based and CFTC regulated exchange offering binary options and spread trading across multiple markets.
As an exchange, Nadex matches buyers and sellers and does not take positions in any markets. Using Nadex’s online and mobile trading platforms, you can trade stock indices, forex, commodities, and economic events.
Nadex is the North American unit of IG Group (LON: IGG), a FTSE-250 global financial services firm with a market cap of over $3.5 billion (as of February 2016).
Pros and Cons
Pros
- Unique exchange open to US residents
- Wide range of markets
- Choice of personal or business account
Regulated By
- U.S. Commodity Futures Trading Commission (United States)
Trading and Investment Tools
- 24hr Trading: No
- Charting Package: No
- Streaming News Feed: Yes
Fees & Commissions
- Rollover Fee: No
- Margin Interest: No
- Withdrawal Fees: Wire: $25
- Depositing Fees: No Fees
Service Details
- Supported Languages: English
- Customer Service By: Phone, Email
- Customer Service Hours: 24/5
- Email Response Time: Immediate
- Telephone Orders: No
- Personal Account Manager: No
Contact Info
200 West Jackson Blvd
Suite 1400
Chicago, IL 60606