Min Trade Amount
Max Trade Amount
Free Demo Account
Quantity of Assets
North American Derivatives
Exchange, Inc 311
South Wacker Drive
Suite 2675 Chicago,
+1 312 884 0100
The trading platform Nadex is from the USA. This broker operates exclusively for citizens of the United States, Canada and Mexico. For residents of the Russian Federation, registration is prohibited, so if you want to risk, you can try VPN or another way to change your IP address, but most likely you will be denied at the data verification stage.
The broker is regulated by the CFTC, which means its legal presence in the United States market. In addition, the regulator of the site is the SEC (Securities and Exchange Commission). Thus the reliability of the company is confirmed at the state level.
As a welcome bonus, the broker offers traders a demo account and a large number of free training materials.
Users are offered a choice of two options trading platform – the online exchange NADEX and desktop application NADEX Pro. The interface is quite comfortable for new users. The company itself does not sell binary options, it only provides a site and resources for training.
The basic assets are represented by such types as cryptocurrencies (bitcoins), raw materials, stock indices and currency pairs. Also, they trade events, or rather, their forecasts. The list of these assets includes:
- The meeting of the US Federal Reserve and its results.
- Publication of applications for the number of unemployed.
- Data on the number of people not employed in the agricultural sector.
Of the binary options, only the classic type “High / Low” is available.
Deposit and minimum rate
To start trading and deposit funds, you will have to fill in a detailed questionnaire, as well as provide your ID, an American passport (at this point Russian traders come across) and other documents, including utility bills for three months. The minimum deposit is 100$, which is a higher indicator compared to a number of other brokers.
Before your binary option enters the market in Nadex, it must undergo a clearing procedure. If it does not pass, then there will be no bargaining.
The minimum bet at the broker is an impressive 25$, which significantly increases the deposit requirements for compliance with the rules of management.
Deposit and withdrawal of funds
The American system of control of financial flows does not imply diversity. Entering and withdrawal of money to your account at the broker is carried out through bank cards, checks or wire transfers. Thus, the possibility of replenishing the deposit is limited and impossible through electronic payment systems. However, this is offset by the high speed of profit and honesty of the company – there are no suspended transfers, missing money and other problems.
To replenish the account, you will first need to fill out a form and wait for it to be checked by the managers. In addition, in most cases it is necessary to provide identification documents.