Nadex Fees Spreads and Commission vary according to the account type the trader uses. Nadex spread list starts from 0.01 pips. Leverage ranging from 1:400 upwards. Standard lot sizes and commissions are determined on the account selected. With a minimum deposit that is $250 USD / R4000 ZAR.
Nadex At a Glance
| Broker's Name | Nadex |
| 🏛️ Headquarters | Chicago, United States |
| 📅 Year Founded | Not indicated |
| ⚖️ Regulating Authorities | CFTC |
| 🌐 Countries not accepted for trade | Available countries listed on website |
| 📌 Accounts | Binary Option, Knock-Outs Option |
| ☪️ Islamic account (swap-free) | No |
| 📒 Demo Account | Yes |
| ✴️ Institutional Accounts | No |
| 👨🏼💼 Managed Accounts | No |
| ⬆️ Maximum Leverage | None |
| 👉 Sign Up Bonus | No |
| 💰 Minimum Deposit | $250 USD / R4000 ZAR |
| Spread | 0.01 pips |
| 💳Fees | No Deposit or withdrawal fees |
| 💳 Deposit Options | Debit card Wire transfer ACH transfer (US residents only) Paper check (US residents only) |
| 💳 Withdrawal Options | Debit card Wire transfer ACH transfer (US residents only) Paper check (US residents only) |
| 📊 Platform Types | Nadex proprietary platform |
| 📶 OS Compatibility | Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOS |
| 📈 Tradable assets offered | Forex Stock Indices Commodities Events (binary options) |
| 💬 Languages supported on Website | English |
| 💬 Customer Support Languages | English |
| ⏲️ Customer Service Hours | 24/5 |
| 🔎 Open an Account | 👉 Click Here |
Min Deposit
USD 250
Regulators
CFTC
Trading Platform
Proprietary Platform
Crypto
No
Total Pairs
10
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Nadex below.
Nadex Fees and Spreads – 8 key point quick overview:
Nadex At a Glance- Nadex Overview
- Nadex Additional Trading Fees
- Nadex Broker Fees
- Nadex Customer Reviews
- Nadex Pros and Cons
- Nadex Conclusion
- Frequently Asked Questions
Nadex Overview
In terms of the spread list from Nadex, a unique product is offered by the broker which is referred to as Call Spreads, which are applied to stock index futures, commodities and forex.
Using the call spread model, you can trade the price of a market like EUR/USD within a range. As the price of EUR/USD fluctuates, so does the spread, although it remains within a predetermined upper and lower limit.
As such, call spreads are financial instruments that allow you to speculate on markets, without taking ownership of underlying assets.
Because clients with Nadex submit their orders directly to the exchange, there are no additional charges from the broker. Nadex does profit from commissions, which are at a fixed fee of $1 per side, per contract.
Nadex Additional Trading Fees
Nadex charges swap fees, also referred to as overnight fees, on positions held open overnight. These accrue as interest which can be either debited from or credited to the trader, depending on the nature of the position.
A swap-free account is offered by Nadex to traders of the Muslim faith, for whom this type of interest is prohibited by not Sharia law.
Deposit fees are not charged by Nadex, but withdrawal fees and return fees may apply:
- Returned deposit/Chargeback: $25
- Wire withdrawal: $25
- ACH withdrawal: Free
- Account setup: Free
- Deposits: Free
- Debit card withdrawal: Free
Nadex Broker Fees
Traders should also be sure to check with the client support or account manager on any additional broker fees which may be waived by their financial institution.
As already noted, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.
As Nadex is a spread betting broker, spread betting fees will apply. These can be viewed as part of Nadex’s Call Spread product, described above.
Min Deposit
USD 250
Regulators
CFTC
Trading Platform
Proprietary Platform
Crypto
No
Total Pairs
10
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Nadex Customer Reviews
I was confused
I was confused. I couldn’t tell if I made or lost money.
The customer service person from Nadex who called (I lost his name) explained that I could find that information in Account / Reporting History / History.
Et Voila! Now all my trade data can be downloaded into a well-organized spreadsheet!
THANKS!
And with that, I have a trading platform that I’m happy to use and recommend to friends.
Mike
Good platform and good support
Good platform and good support. The only issue I have is the price and spreads on the live account compared to the demo. It’s a lot easier to make money on demo compared to live. Overall, I’d recommend them though
Wondering why in my demo account I…
Wondering why in my demo account I cannot see my orders, positions, and 24hour history from the screen that I view charts and place demo trades. How can a person monitor the profit and loss when the position info listed above is not available.
Nadex Pros and Cons
| ✔️ Pros | ❌ Cons |
| No mark-up on currency pair spreads traded | Only 10 currency pairs that can be traded |
| Access to 29 markets from one account | Lack of information on account features |
| Client funds are kept in segregated accounts | Bonuses not offered |
| Standard accounts for US residents and overseas clients | No Islamic Account |
| Well-regulated broker | Withdrawal fees charged on wire transfers |
| Easy demo account opening process | Withdrawal fees are charged |
| Demo account does not expire | |
| Direct market access for best pricing | |
| Low commissions | |
| High level of deposit security | |
| Minimal commission charges | |
| Acceptable minimum deposit amount | |
| No deposit fees |
Nadex Conclusion
Overall, Nadex Fees, Spreads and Commission vary according to the account type the trader uses. Nadex spread list starts from 0.01 pips. Leverage ranging from 1:400 upwards. Standard lot sizes and commissions are determined on the account selected. With a minimum deposit that is $250 USD / R4000 ZAR.
You might also like: Nadex Account Types
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Frequently Asked Questions
What are the Nadex call spreads?
The call spreads from Nadex is a trading strategy and involves buying and selling call options simultaneously. Bull call spreads or bear call spreads are used depending on market predictions. Call spreads have a built-in floor and ceiling that represents the total potential value of the trade thus providing traders with defined maximum risk and profit.
What are the fees on Nadex Binary options contracts?
The fees are as follow: Entry or exit before expiration – $1 trading fee per contract is charged, Trade expiration (in-the-money) – $1 settlement fee per contract is charged, Trade expiration (out-of-the-money) – No settlement fee applies
What are the fees for a Wire withdrawal from Nadex?
Our Nadex review reveals a withdrawal fee of $25 for a wire withdrawal from this broker.
Is there a fee payable for a Debit card withdrawal from Nadex?
No, debit card withdrawals are free of charge.
How much does Nadex charge for account setup?
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