Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Nadex

United States|5-10 years|
Global Business|High potential risk|

https://www.nadex.com

Website

Rating Index

Influence

Influence

B

Influence index NO.1

United States 8.24

Surpassed 94.44% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

customerservice@nadex.com
https://www.nadex.com
200 West Jackson Blvd. Suite 1400 Chicago, IL 60606
https://www.facebook.com/nadexUS

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

More

Contact number

Broker Information

More

Company Name

North American Derivatives Exchange

Company Abbreviation

Nadex

Platform registered country and region

United States

Company website
Twitter
Facebook
Instagram
YouTube
Linkedin

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-06-13
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Nadex · WikiFX Survey

Users who viewed Nadex also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

VT Markets

8.64
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FBS

8.75
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Decode Global

8.36
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website
Pyramid scheme complaint
Expose
Unable to Withdraw

Nadex cheats methodically

I was invited to this Nadex floor on March 8. Initially, they lured me to deposit 300k, the first withdrawal was 380k, then they put me in the group, there were 114 people. Then issue trading orders twice a day at 13:00 and 19:30. Each transaction gets 270k. To request a second withdrawal, the amount must be 3.8 million to withdraw a second time. After that, members continuously invested in higher packages, and all successfully withdrew a large amount of money according to the investment amount. and stated profits. They cheated very well by posting videos of participating members receiving huge amounts of money, being very emotional and crying, and making other people believe, including themselves. Then the person claiming to be a teacher texted me asking about the investment package and the company's support. I deposited 5 million in capital and was able to trade with 30 million in capital. Successful 20p order transaction with a profit of 360 million, with a requirement to pay 15 million of the amount supported by the company before being able to withdraw money. and told me to contact customer service to withdraw money. And in the end, whatever happened happened, I was cheated of 23 million. For many reasons, the last reason is asking me to pay taxes in the amount of 15 million 124 thousand. I said I didn't have any more money, they told me to report to CTY and cancel my withdrawal transaction. Please help me get my 23 million back. Borrowing money is very miserable

Hanhvu
2024-03-14 17:45
Unable to Withdraw

NADEX VIRTUAL EXCHANGE, FRAUD OF ASSETS

On March 8, I received an invitation to join Nadex with a capital of 300k. They lured the chickens by backing 5 orders up to 750k and guaranteed to withdraw 400k (receiving 384k for the reason of losing 4% floor fee). After that, I was able to join the group, following orders at 2 time frames: 13:00 and 19:30. Every day +540k profit. After 3 days my profit is 1740k. They lure by offering investment packages with huge profits, the group members' nicknames are fake, a few people pretend to invest and take fake bills, then 2 hours later they report success and receive recognition. For large amounts of money, there is also a receipt transaction bill. People in the group pretended to congratulate me in this and that way. After that, I completely believed it for the reason that there was a woman in the group. I proactively sent messages to ask questions and provide evidence to prove that she was raising chickens. She also expressed doubts, then finally told me that She doesn't trust her anymore, if she doesn't believe in her then she won't believe in her, and I believe it when she joins the 100 million package and gets a huge profit of 2 billion. She went out and recorded a video crying and thanking everyone. Even more extreme is that they pushed me out of the group with the excuse of supporting other members in the investment package. They lured me by suggesting that the company supported investment capital, I only had to deposit 5 million, the number The remaining company supported, and 1 member of the group won 12 billion, leaving 200 million for members who want to join the investment package. And I trusted you to deposit 5 million. And can trade with an investment package of 30 million. After 15 minutes of placing the order, the amount increased to 150 million, they asked me to stop to read the notice and 2 minutes later they informed me that the company required that after the transaction was completed, I had to return 15 million to the supporting company before I could withdraw my profit. I bet 15 million more. Then ended the transaction with the amount of 364 million. They told me to contact customer service to withdraw money. Since then I've had trouble with all the extra fees. They told me I exceeded the profit amount of 360 million and forced me to pay 3,039,991 before I could withdraw the money. I continue to close. Then they told me that the quick disbursement fee would cost 8% of the total profit, so I told them to wait. The next day he told me to pay personal income tax 15,124 million. I stopped paying, and then someone called to ask me to support half of it, and I lost another 5.5 million. Total loss 28.5 million.

Hanhvu
2024-03-16 09:00
Sources
Language
Mkt. Analysis
Creatives

Nadex · Company Summary

BASIC INFORMATION

Nadex is a US-based exchange providing powerful trading tools and advanced features to traders of all experience levels. Nadex is not a brokerage, but a CFTC-regulated exchange. Nadex focuses on trading in binary options Knock-outs™ and call spreads on the most popular traded commodities, forex and stock index futures. The exchange was launched in 2004 and was originally known as “HedgeStreet”. The objective at that point was to create an electronic marketplace that facilitated trading in financial derivatives to retail investors.

However, by 2007 HedgeStreet closed its doors. UK-based IG Group Holdings Plc. purchased the company and in 2009 HedgeStreet was re-branded the North American Derivatives Exchange (Nadex), with sophisticated new technology and instruments.

Its worth highlighting that while the parent company is based in London and listed on the FTSE 250, Nadex headquarters are in Chicago, Illinois.

REGULATORY INFROMATION: LICENSE

No valid regulatory information

Please be aware of the risk!

MARKETS

Part of the improved product range saw a greater choice of binary options.

In fact, their binaries and call spread contracts cover an array of underlying markets, including commodity futures, equity index futures and spot forex rates. Furthermore, Nadex members can take positions on all of the following assets on:

· Stock Index Futures – US 500 (S&P 500), Wall Street 30 (DOW), US Tech 100(Nasdaq) US SmallCap 2000 (Russell 2000), FTSE 100, Germany 40(DAX), Japan 225 (Nikkei), China 50

· Forex pairs – EUR/USD, USD/JPY, GBP/USD, USD/CHF, AUD/USD, EUR/GBP, USD/CAD, AUD/JPY, GBP/JPY, EUR/JPY, USD/MXN

· Commodities – Crude Oil, Gold, Silver, Copper, Natural Gas, Soybeans, Corn

SPREADS & COMMISSION

Nadex charges a fixed fee of $1 per side, per contract.

Nadex Call Spreads

Nadex also offers a unique product called “Call spreads”. These are offered on a number of markets, including stock index futures, commodities and forex. But fear not – understanding these spreads is straightforward.

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.

Its worth highlighting that if the value of EUR/USD exceeds one of the limits, the EUR/USD spread value will come to a standstill at whichever limit it is breaching.

At the upper limit, the spread stops at a maximum value. At the lower limit, the spread reaches a minimum and will not lose any more value, no matter how far the underlying market drops.

LEVERAGE

The advantage of Nadex spreads in terms of leverage also needs to be explained. Normally, spot forex traders in the US, for example, cant get better than 50:1.

Nadex spreads are fully collateralized and dont involve margin. They are not a leveraged trading product, but more like a short-term option. However, in many cases the cost of a Nadex spread can be lower than trading the underlying market outright.

ACCOUNT TYPES

Opening a Nadex account is relatively straightforward. There are just two account types to choose from, a US individual account and an international individual account available for residents of over 40 other countries.

PAYMENT METHODS

Once you have signed up, you will need to go about funding your account. Fortunately, Nadex offers a number of ways you can go about deposits and withdrawals, including:

· Debit card

· Wire transfer

· ACH transfer (US residents only)

· Paper check (US residents only)

DEMO ACCOUNT

Nadex offers a free practice account. Once you have your demo login details you can use the same platform and real-time data as those with live trading accounts. Signing up for a demo account is the ideal way to practice generating profits without having to risk real capital.

TRADING PLATFORMS

· MetaTrader 4

TRADING HOURS

Nadex trading hours will be the same as the asset you are trading. This includes both the regular and electronic trading hours. From Sunday evening until the close of markets on Friday, US Eastern Time, Nadex offers trading 23 hours a day, with an hour off from 5pm to 6pm for exchange maintenance.

CUSTOMER SUPPORT

Nadex exchange reviews are quick to praise the customer service component of their offering. If you have any problems, you can make contact via email or live chat.

ACCEPTED COUNTRIES

Nadex only accepts traders from United States.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

4

Comments

Write a review

John Hùng
3-6months
Nadex is a flexible trading ecosystem, with deposits and withdrawals supported by customer service quite quickly and transparently. Can trade 24/7 without limitation on weekends & holidays. Although there was a problem with depositing capital once, customer service supported it to fix it. Compared to other international trading floors, Nadex gives me an extremely interesting experience in terms of profits as well as transparency of the floor.
2024-02-01 16:20
Reply
0
0
Quang nguyễn 79
3-6months
I joined Nadex through a friend's introduction for a short time. What the floor feels like is amazing.
2024-01-24 20:26
Reply
0
1
FX1287201128
more than one year
My withdrawal through my credit card was not smooth. Two weeks passed, I still haven’t received my money. My account manager asked me wait and wait…
2023-02-24 15:25
Reply
0
0
范志华
more than one year
I tried a free demo Nadex account for a while. Trading is just like a box of chocolates, never knowing which trade can succeed and therefore taste better than others.
2023-02-15 17:39
Reply
0
0
2
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong China

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com