Nadex Review 2020
2020 UPDATE: If you’re a bit more familiar with binary options, you know that Nadex is one of the most reliable exchanges in the Unted States. They are continuing to work in accordance with their reputation and have added several new features to help their clients make profitable trades in 2020. All traders now have access to Market Filter to help them search markets more quickly. User experience is also enhanced thanks to numerous back end improvements that were also made. However, improvements to the platform are also on their way, plus you can expect charts to get a major upgrade, too. So read this Nadex Review 2020 and remember to keep track of this exchange because there will be a whole lot of news from them in the following months.
Founded way back in 2009 and based in Chicago, US, Nadex (or North American Derivatives Exchange) is one of the oldest exchanges in the industry. They offer plenty of interesting features and we will be examining all of them in this Nadex Review 2017 with some help from our binary options trading experts. You will see exactly why this company has managed to survive for so long in this demanding industry and why they have so many loyal customers in the US, which is certainly not an easy thing to achieve. Read on to learn everything you need to know.
Nadex Review 2020 | Trading Platform
We will begin this Nadex Review 2020 by examining the most important part of any trading company’s website – the trading platform. In this case, we are talking about a browser-based, proprietary platform with forex, commodities, stock indices and events at your disposal. You never have to pay any platform fees to start trading here, so it’s pretty accessible, too. But the thing that is perhaps the most impressive is the sheer number of trading possibilities you have here. Numerous assets are accompanied by real-time charts, plus you can easily (and fully) customize your user interface to suit your every trading need. You also never have to worry about the platform’s reliability because when you log on to it, you will be streaming data directly from the exchange. Nadex Trading Platform also gives you direct market access (DMA), so you can trade directly into the exchange and the exchange’s great trading software makes sure there are absolutely no hiccups while doing so. On top of that, payouts can get as high as 100%! In short, this trading platform is among the best in the business, so don’t be afraid to trade here. But Nadex Review 2020 has much more to cover, so stay with us.
Nadex Review 2020 | Money Transfers
When it comes to transferring your money to and from your account, Nadex once again has several very interesting options to offer you. First of all, we should mention that Nadex Minimum Deposit amounts to $250, which a pretty standard deal in this industry. Members from the United States can use ACH bank transfers, wire transfers or even simple paper checks to fund their accounts, whereas non-US members can use wire transfers, but not ACH bank transfers and checks.
When it comes to withdrawing your money, you can do that by using all the previously mentioned methods (except paper checks, of course) if you’re a US resident, while non-US traders can use wire transfers for which there is a $25 fee.
Nadex Review 2020| Other important features
What makes a company great is the quality of trading experience you get with them. Good companies know that a great trading experience has to be backed by many different things, things which allow you to instantly execute your ideas. That’s why this part of Nadex Review 2020 will examine features meant to enhance your trading experience. We are not going to talk much about security here because our Nadex Scam Test 2016 deals with that very thoroughly, but we can say that the exchange is fully regulated and completely reliable. After all, a scam company certainly couldn’t survive in the US for so long.
However, it must be noted that this is one of the only regulated binary options exchanges in the US, a fact that can really tell you a lot about the exchange’s quality. Another thing we have to mention is the fact that you can use Nadex Demo Account without any charge, as well as educate yourself thoroughly via videos, e-books and webinars. In addition, the fees are $1 per contract capped at $50, at $1 per settled contract (no cap). That means you have absolutely no additional expenses if you have 11 or more lots. You are therefore in complete control of your funds, since you know what the max fee is at all times.
Nadex Review 2020 | Support
One last thing Nadex Review 2020 has to mention is support. A service that is often overlooked on other websites is brought to perfection by Nadex. And we’re not talking about the usual stuff like the education materials (which are very detailed and plentiful). Once again, Nadex excels when it comes to small details like regular news from the market or the fact that you can find short helpful videos scattered all over their website. These videos welcome you almost wherever you come and can really help a lot, especially if you’re an inexperienced trader. We haven’t seen dedication like this from any other company in the business, and you really get the feeling here that Nadex wants you to succeed. This is perhaps the most important thing we can tell you in this whole review, so it’s time to conclude.
Nadex Review 2020 | Conclusion
As you can see, it is absolutely no coincidence that this exchange has survived in this industry for this long and that it is revered by traders from the US. Fair minimum deposit, very high security standards, great platform and many other, more subtle features make sure every trader has a great time here. We particularly like the simple, but very clear design which makes the whole website look very inviting. You can also count on great support here, since there are short helpful videos wherever you click, so you can see in less than a minute or so how something is done properly. As previously said, you really have the feeling they want you to succeed. Not very surprising, this is one of the very few regulated exchanges in the US, remember? Therefore, if you want a reliable partner, trust our Nadex Review 2020 and open an account right here.
Hello! I’m Mark Watson, born and raised in Scranton, PA. I’ve been investing online ever since I started college at the University of Pennsylvania (go, Quakers!), where I was an undergraduate student of Economics. At first, I didn’t invest much, I was just hoping to get some extra pocket money, but with time I realized how math and patterns can actually be of great help in this line of work.
After a few years, I moved to London School of Business and Finance to continue pursuing my career in investing, and I eventually landed a job at Credit Bank Europe. The experience I got there was invaluable, plus it assured me that online trading was something I want to do for a living. Sure enough, I became a trading manager in 2015 with FXVC Online Trading, but a little while later I started working on my biggest project so far – BinaryOptionsTrading-Review.com.
The website is still going strong, and we have analyzed hundreds of brokers from all trading fields so far and helped hundreds of readers make the right choice. We also publish trading signals on a regular basis, which have proven to be accurate about 80% of the time!
And since the online trading industry is only growing, with cryptocurrencies and other similar products entering the fray, I am incredibly excited about what the next few years have in store for us. In short, if you want advice from a passionate trader, you’ve come to the right place!