( 4 reviews )

About is a website which says that they provide a safe, secure, and reliable trading platform for their investors and traders which focuses on option trading for stocks, currency pairs, commodities, and indices on the exotic options market.

The Nadex trading platform focuses specifically on the trading of “binary options.” This type of trade is one where you decide whether a stock, currency pair, etc, will go up (Call) or down (Put) during a specific time period.

A binary option is a type of investment where the payout is fixed or known in advance. The investor understands up front that they will receive a specific return on their investment or nothing at all. allows their investors to trade binary options between $0 and $100, with a a trading fee of 90 cents on each side of the trade, once to open and once to close, with a maximum fee of $9 per side. 


Other than basic trading fees, however, they promise to charge no setup costs, no commissions, no platform fees, and no data fees.

Many new investors may wonder if this type of trading is safe, especially because it can be associated with Forex trading strategies, which has been controversial in the past, and these investors will be happy to know that binary option trading is a legal trading practice.

However, says that not all binary option trading platforms should be trusted. Their website says that the Commodity Futures Trading Commission (CFTC) recently issued an Investor Alert warning about fraudulent schemes involving binary options and their trading platforms.

Most of the trading platforms that are suspected of fraud are based overseas, according to the site, while in contrast is operated legally in the United States and registered with the CFTC, a government agency that oversees the regulation of futures, options and swaps trading.

In addition they promise to offer full transparency on every trade with the ability to back out of trades before they reach their expiration time, so customers who have complaints or reservations about a trade have a reasonable recourse.

If you have any experience with this website, please leave your reviews below.

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4 ‘ ’ Reviews
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NADEX is price manipulating.
April 12, 2016

So, I had a contract (just one) that was out of the money but only by a few pips. The trend had been showing down all day and I decided to jump on the contract a minute or so prior to expiry. Why? Huge bearish engulfing candlestick followed by a confirmation bearish candle. The trend was continuing down. I knew that it would be short on timing but what I was surprised about? The fact that when I screenshot the second that expiry closed, my Nadex "indicative" was 20 pips above what, td ameritrade, and ninja trader showed (they all showed exactly 1.13827. Nadex charts mimicked the other platforms. However, their "indicative price" showed 1.13848 at expiry.

When I contacted them and asked them about it, they explained how their derivatives are derived. They even sent me an email containing their chart showing that I was OTM. So, I figured I would make another trade to confirm whether or not I am being stolen from.

Just got done making my last trade FOREVER with NADEX. Bought an ITM contract. Contract stayed ITM right up until about 15 seconds to expiry where the "indicative price" dropped to OTM by only 1 PIP!!!! Comparing other charts alongside NADEX, I saw their charts never dropped below my contract strike price. They came within 3 pips but never went below. NADEX "indicative price" dropped precisely 1 pip below strike until the immediate second after expiry where it climbed back up and matched the other charts price action. Furious!!!!

And yes, I decided to video the second trade in reference. I am forwarding this information to my attorney, my bank (to get my money back) and the whoever else I need to. I don't care if a company is regulated or not. It does not mean their ethics or policies are legit. It simply means they follow some rules.

There is definitely something fishy about how they make these prices. Price manipulation, maybe? Seems a bit odd to me but since I have two documented instances in the same day of the same thing happening, I will get my money back and invest/trade with a highly recommended company. My trading relationship with NADEX is finished.

Dragg B July 31, 2019

The only charts that match Nadex's indicative price is, you can also use DailyFx but beware, you must change the chart to Fxcomm, I.E when you search a particular asset, CL, GC, EUR/USD, GBP/USD it must say EUR/USD but the FXCOMM one, not OANDA. is your best bet!

Mr. Know it all
March 25, 2015

Tough call on the transparency. It's definitely enjoyable, if that's a concern. I've had a couple contracts that were in the money for a good amount of time, and went OTM for a few seconds right before expiration, and then back again. I couldn't sell the contracts since there wasn't a market for them at the time. In that situation you're forced to hold on to it. I just found it peculiar how it was worthless for a few seconds right when the time ran out.

1. I don't think it has enough traders yet

2. The market makers aren't transparent

3. There needs to be a dozen "NADEX"s out there so they can compete.

I think its on the right track, just not there yet. That's just an opinion.

March 24, 2015

Bunch of liars and fabricators!!!!!!

Bradley H March 24, 2015

Total SHAM!!!! I watched two different Contracts Back to Back all the way through expiration. They never dropped below the contract price but guess what.......AMAZINGLY what you see is only indicative and if they say it fell below guess what recourse you have. That's right NONE! I have watched over a thousand dollars go just like that.

Like the comment above I thought this was a great thing. The first couple of weeks My hunches and contracts paid off. Then all of the sudden I don't even get paid on trades I watch succeed.

DON"T WASTE YOUR TIME OR MONEY. This is truly a first class bait and switch. Their "INDICATIVE" Charts and graphs per their own admission are not accurate with the way they settle contracts.

September 6, 2014

I have been trading stock & index options for more than a decade and for the most part, after high broker fees (OptionsXpress) I have lost money. I switched to NADEX about 1 month ago and after a few rookie mistakes have begun to consistently make money. Last Thursday 9/4/14 I had 6 positions and ALL 6 of them where profitable, earning $75.00 per contract. On Fri 9/5/14 I made 5 trades and again all 5 were profitable for $95 per contract. Their exchange fees are a reasonable $0.90 per contract w/ a maximum of $9.00 per position, both entering and exiting a position (however if the position goes out at 0.00 there is no charge).

Think about the European Binary gambling dens. The way they work is if you win, you get a 75% payout; if you lose you lose 100%. I’m sure some math major here could tell us just how quickly your account will go to 0.00 with that deal but instead ask “Would you play those odds in Vegas”?

With NADEX you can easily finds trades offering an 80 to 90 percent probability of success, and a payout of 10 to 20%. You can even use strategies of combining long and short positions to reduce your risk to 50% or even 25%.

The way to look at NADEX is in terms of percentages or probability. For example, last Fri with the futures at about 1167, I purchased the following: US Small Cap 2000 (Sep) >1165.7 (4PM) @ 80.75. What this means is I have an 80.75% chance of being correct and a 19.25% of being wrong. The max I can lose is $80.75 and the most I can make is 19.25 or 23.8%. I’ll take that all day. But I made it even better by selling the following: US Small Cap 2000 (Sep) >1169.9 (4PM) @ 24. This trade has a76% probability of success and risks $76 to make $24 or 31.6%.

Now the max I can make is $19.25 + 24 = $43.25 if the futures settles some ware between the strikes. But since 1 of the positions MUST end in the money my risk drops to $87.75 – 24 = $56.75 and my %, if correct, becomes 76.2%. I love it.