$100 Deposit Bonus Offer
Players from France not accepted

NADEX is the abbreviation for the North American Derivatives Exchanges and they are one of the only CFTC regulated binary options exchanges  in United States.

  • CFTC Regulated binary options Exchanges in the United States
  • Free Demo Account
  • Your funds are held in segregated US bank accounts
  • Low Fees
  • Excellent Education tools ( webinars, videos,..)
  • Outstanding customer support via live chat and email 6 days a week
  • Cons
  • The Platform is not very friendly for beginners
  • Last Updated on August 18, 2022


    Homepage of Nadex (screenshot)

    Overview: What is Nadex?

    NADEX is the abbreviation for the North American Derivatives Exchanges and they are one of the only CFTC regulated binary options exchanges in the United States. It’s designated as a Contract Market and Derivatives Clearing Organization by the Commodity Futures Trading Commission (CFTC). Hence, they are regulated by one of the strictest government regulatory authorities in the world.

    They operate as a US company from its Chicago, IL, office located at 200 W Jackson – Suite 1400. The official company name is North American Derivatives Exchange, Inc, and it’s owned by IG Group, the UK’s largest spread betting firm.

    Trading Platform

    How to use the Nadex trading platform?

    Platform of Nadex (screenshot)

    They offer a fully cloud-based trading platform, which means that as a US binary options trader, you do not need to download or maintain the security of any software on your laptop. It also means that you can log in to your trading account from virtually any modern computer with a supported browser. All you need is your username and password to log in to their platform.

    They provide their state-of-the-art, easy to use, trading platform absolutely free to their customers. The trading platform offers real-time streaming price data to binary options traders at no additional cost.

    05_charts (screenshot)

    Mobile Trading

    Besides the browser-based trading platform, they also offer a new Progressive Web App (PWA) called NadexGO that works on all mobile devices ( Apple iOS and Android ). It’s Next Generation Technology that gives users Real-Time, Direct Market Access.

    NadexGo - Mobile Trading (screenshot)

    Types of Accounts

    Unlike most binary options platforms, the Nadex account is just a single panel that incorporates all of its trading assets, including Forex, indices, and other trading instruments. Although it sounds complicated to trade everything from a single type of account, we found the online trading platform offered by them to be a breeze to use.

    Demo Account

    They provide a Free demo account with $25,000 in practice funds.

    Assets Offered for Trading

    They offer a wide range of markets, including Forex, stock indices, commodities, and even macroeconomic events like Fed fund rates, jobless claims, and nonfarm payroll count for trading.

    Under Forex, binary options traders would be happy to learn that ten of the most popular major and cross Forex pairs are being offered for trading, including:

    1. EUR/USD,
    2. GBP/USD
    3. USD/JPY
    4. EUR/JPY
    5. AUD/USD,
    6. USD/CAD
    7. GBP/JPY
    8. USD/CHF
    9. EUR/GBP,
    10. AUD/JPY

    Under stock indices, They currently offer some of the major stock market indexes for trading, including:

    1. Wall Street 30
    2. FTSE 100
    3. US Tech 100
    4. US SmallCap 2000
    5. China 50
    6. China 50
    7. FTSE 100
    8. Japan 225 (Nikkei 225 index futures)

    Minimum Deposit Requirements, Offered Bonuses/Promotions

    They currently are offering a $100 deposit bonus promotion. The requirement is a 1,000 minimum deposit, and 5 trades. Check on their website for full T&C.

    This financial company allows binary options traders to open a live account without any fees. However, to do so, traders must deposit a minimum of $250, which will be credited to their account as trading capital.

    They are offering FREE EDUCATION courses in its learning center to all traders.


    Compared to some of the typical international binary options brokers, they offer a variable payout ratio. They have put out a number of educational videos on their website and on their YouTube channel that explains how their proprietary payout ratio works.

    The user-friendly trading platform will always show the maximum profit and maximum loss a trader will have on any given trade on any given timeframe when they will try to place a trade in the market.

    Trading Fees

    The NADEX fees are very simple and reasonable:  $1 per contract per side.

    Regarding the settlement fees, it’s just 1$ if the contract ends “in the money” or exits before expiration, and absolutely no fees if the contract ends out of money.

    Deposit and Withdrawal Methods


    They are, as one of the few regulated binary options exchanges platforms, offers three funding and withdrawal methods for customers, including:

    1. Debit Card
    2. Bank/ACH Transfer
    3. Wire Transfer.

    However, if you want to make a single deposit of about $50,000, you can do that via wire transfer

    Non-US customers of this exchange platform can also enjoy Debit Card and Wire Transfer funding and withdrawal options, but this US exchange platform only provides ACH transfer method to U.S.-based customers.

    There is a $25.00 processing fee for International Bank Transfer withdrawals. No fees for electronic withdrawals and check deposits.


    All member funds with this platform are held in segregated bank accounts at BMO Harris Bank and Fifth Third Bank in accordance with CFTC Regulation.

    Customer support

    They offer two channels for providing customer support. You can reach their every attentive customer support desk at If you already have an account with them, you can directly call U.S. toll-free number at +1 877 776 2339. If you are an international customer of them, this firm also offers a separate number (+1 312 884 0100). They offer customer service via phone from 6 pm ET Sunday through 4.15 pm ET Friday.

    Furthermore, if you do not have an account with them yet, you can reach their customer service to get help at U.S. Toll-Free:   1 866 296 0167 and +1 312 884 0162 from 9 am-9 pm ET, Mon-Thurs and till 4.15 pm ET on Fridays.

    —  Review Update on January 2019 —-

    Touch Bracket™ contracts

    They have up the ante by bringing a novel and innovative contract they tag Touch Bracket™ contracts.

    These new contracts are tailored for both newbies in the trading sector and seasoned veterans. The contracts offer numerous merits not available in similar types of trading. 

    The contract enables traders to speculate on a particular market’s prices under a specified range. The price range has both an upper and a lower limit. The lower limit is capped by the floor, while that of the upper is set by the ceiling. The value of the market moves linearly with respect to the price range. As it is with any form of trading, you sell when the market is heading down, and buy when it is heading up. 

    The good thing about the Touch Bracket™ contracts. is that anyone can thrive on it, and with the flexibility it provides, you can trade even the more popular markets with low capital requirements. Newbies can quickly become conversant with how things work, and gain the much-needed trading experience they need. Even forex traders aren’t left out, you have control of their risk exposure, and at the same time, they can scale up into the required size. The control afforded by the Touch Bracket™ contracts means risk control is ensured all through the trade. You won’t lose more than is expected, and there are certainly no surprises lurking in the shadows. You are entirely in control the whole time, and you don’t have to worry about any unknown parameters.

    The good news is that since the risk is already specified, the maximum risk one would encounter will be only the capital used in the trade. 

    Call spreads

    They have given a new name to their famous spread, and they will henceforth officially be called Call Spreads. 

    The Call Spread allows you to trade the movement between two specified price levels. Not only does it allow you to trade with your natural profit targets, but it also guarantees you risk protection. When compared with a stop-loss, the floor and ceiling of a Spread still offer a better loss coverage. You are also guaranteed your natural profit target. What this means is that you will still be in the trade and not lose more than what is specified by the floor and ceiling. 

    A responsive mobile platform 

    This exchange platform has launched a new update of its mobile platform called NadexGo™ for Mobile. The Nadex mobile app is compatible with the desktop platform and allows users to shuffle between each platform effortlessly. Users can make their trade on one platform and monitor proceedings on the other. The mobile platform has all the tools, indicators, and charts required to trade. The AI of this Progressive Web App (PWA) automatically updates, that way you don’t have o wait for a new version. It is highly responsive and functional 

    Nadex Review: Summary

    When it comes to enjoying binary options trading, U.S. citizens and permanent residents have been suffering from finding good brokers because most of the international brokers have restricted them from opening an account.

    However, This US exchange platform being based in Chicago and a regulated exchange by the Commodity Futures Trading Commission (CFTC), they have given U.S. legal residents an opportunity to try out binary options trading under a well-regulated environment. Not to mention, foreign binary options traders can also enjoy the same level of service and regulation by trading with Nadex.

    If you are based in the U.S. and would like to trade binary options, opening an account with them is a no-brainer as they offer some of the easiest to use trading features in their state-of-the-art cloud-based trading platform. Also, as a busy professional, you have the option to trade on the go from their mobile apps as well.

    James S. Martin
    Latest posts by James S. Martin (see all)
    Submit your review

    Create your own review
    Nadex ( North American Derivatives Exchanges Inc. )
    Average rating:  
     4 reviews
     by Kenneth
    City,Country: Donalds SC

    The nadexgo was the best mobile platform out there I even bragged on how good it was to my friends at work, you could monitor every thing chart movememt, the Profect and Loss , the entry ticket , the count down timer, price activity, all this on one screen with out having to go back and forth the perfect setup for trading binary and now you either have the chart or the ticket and the biggest loss here is the ticket takes up the whole screen and you can't watch the P/L whitch you need
    in trading fast moving binaries. PS. I haven't made a mobile trade since.

     by Paul T
    Pros: Regulation, Support, Returns, Education
    Cons: bonus
    City,Country: Key West, FL

    They provide a great support with very good education tools.
    and best of all, they are regulated !

     by Mark P.
    Regulated platform
    City,Country: San Francisco, CA

    NADEX works for me. They are CFTC regulated and based in Chicago.

     by Steven S.
    Trusted broker
    Pros: Regulated broker, free demo
    Cons: platform not very friendly
    City,Country: New York

    I'm trading with no issues with Nadex. They are regulated in USA so it's safe with no withdrawal problems.

    Nadex Details

    Restricted Countries
    $100 Deposit Bonus Offer
    Regulation & Trust
    Assets & Platform
    Bonuses & Promotions
    Customer Support
    5.0 Overall Rating
    Top International Brokers *
    Pocket Option

    50% Bonus ( Bonus code: 50START)


    Up to 200% Bonus + Giveaway Prizes


    Up to 100% Bonus + Giveaway Prizes


    Up to 100% Bonus

    Automated Binary

    This AutoTrading Robot is closed! Check our list of Auto Trading Robots .

    en_NZEnglish (New Zealand)