The minimum deposit amount required to register a live trading account is $250. This minimum deposit is equivalent to R4000.00 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
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 Minimum Deposit – 8 key point quick overview:
Nadex At a Glance- Nadex Overview
- Nadex Deposit fees and deposit methods
- A step-by-step guide to depositing the minimum amount to a Nadex account
- Nadex Customer Reviews
- Nadex Pros and Cons
- Nadex Conclusion
- Frequently Asked Questions
Nadex Overview
The minimum deposit amount required in order to open a broker account with Nadex is $250. While an acceptable minimum deposit requirement, it is slightly higher than that required of many other traders in the market, who average between $50 and $100.
That said, the minimum deposit from Nadex is an acceptable amount that will not present too high a barrier of entry to new traders.
Nadex Deposit fees and deposit methods
Nadex has a fairly limited selection of deposit methods, which consist of the following:
- Debit card
- Wire transfer
- ACH transfer (US residents only)
- Paper check (US residents only)
In terms of deposit currencies, Nadex accepts most major currencies for account deposits, while traders depositing in smaller currencies, such as ZAR/Rand, will likely incur conversion fees.
In terms of deposit security, Nadex is subject to regulatory oversight by the Commodity Futures Trading Commission (CFTC), a government body whose mission is to promote the integrity, resilience, and vibrancy of the U.S. derivatives markets through sound regulation.
Member funds on deposits with Nadex are held in segregated bank accounts at BMO Harris Bank and Fifth Third Bank and are not commingled with Nadex operational funds.
In terms of fees, there is a $25 withdrawal fee on wire transfers, but Nadex does not charge any fees on other forms of deposit methods.
A step-by-step guide to depositing the minimum amount to a Nadex account
1. Step 1 – Log into your registered account
Log in to your Live Nadex account using your user name and password. In the upper right-hand corner click “Account”. On the pop-up account screen, click “Add Funds” on the left hand rail.
2. Step 2 – Select the deposit method
The fastest and easiest way to deposit funds into your account is using a debit card. To use this method, click “Debit Card” and simply complete the information requested.. Once you’ve entered the information, click “Save and Add Funds” at the bottom. Funds deposited via debit card are available immediately. If you’d like to fund your account using Bank Transfer/ACH instead, click that box. When depositing funds via ACH, you’ll get real-time account funding up to $500. Additional funds will be available after 3 to 4 business days.
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, the minimum deposit amount required to register a live trading account is $250. This minimum deposit is equivalent to R4000.00 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
You might also like: Nadex Account Types
You might also like: Nadex Demo Account
You might also like: Nadex Fees and Spreads
You might also like: Nadex Sign up Bonus
Frequently Asked Questions
How does the minimum deposit for Nadex compare to similar brokers?
The Nadex minimum deposit requirement of $250 is slightly higher than that required by similar brokers in the market, who average between $100 and $200.
What are the funding methods accepted by Nadex?
Nadex has a fairly limited selection of deposit methods, which consist of the following:
- Debit card
- International Wire transfer
- ACH transfer (US residents only)
- Paper check (US residents only)
Are my deposits safe with Nadex?
Yes, member funds on deposits with Nadex are held in segregated bank accounts at BMO Harris Bank and Fifth Third Bank and are not co-mingled with Nadex operational funds.
Does Nadex allow hedging and scalping?
No, hedging and scalping is not allowed by Nadex
Does Nadex have ECN accounts?
No, Nadex does not have ECN accounts
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