nadex-logo-white-150Blacklisters, I’m proud to add the 1st CFTC regulated binary option exchange to our list of reputable and legit binary brokers.

NADEX, or the North American Derivatives Exchange is not a “broker” but they are an exchange.

Just because of their regulation by a governmental authority, even one from the U.S.A, does not mean that they get a free pass on the brokers blacklist. We use real trader comments and ratings to find out if other traders feel that NADEX is a scam or if they are a legit entity.

Nadex is one of the few USA based binary options exchanges that are regulated by the CFTC. They HQ is in Chicago. It adds to the legitimacy of their exchange, especially compared to other brokers in this industry.

I am requesting real trader comments below so potential NADEX clients can make up their own mind. Here are the basics:

  • Official website:
  • HQ: Chicago, IL
  • Regulation: CFTC
  • Min deposit: $250
  • Min trade: $1.00
  • 100% free demo account
  • Platform: NADEX proprietarty
  • Trading Fee’s: $1 per contract capped at $50, settlement is $1 per contract (no cap)
NADEX homepage

NADEX homepage

Trader Comments, Reviews and Ratings on NADEX

Leave your honest feedback below! Trader comments, ratings and reviews wanted. Thank you in advance!

  • david humphries

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  • Kelly

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    Binary option account management
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  • Blake

    Being a good trader requires being open to new approaches. I
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  • Francisco MaRVAL

    i live in Venezuela, however my bank accounts are with US banks…I wonder if I would be qualified as an US TRADER.

  • Anon2

    Hard to call them an "exchange" when the market is 99% made by 1 market marker (IG Forex) Who, just happens to own Nadex. Nadex is just a front for a buckshop

  • Adham

    Hello everyone ,
    NADEX is exchange not a broker which add extra feature with regard to transparency and regulated with one of the most respectable regulatory .
    Unfortunately , they do not accept clients from so many countries , like Egypt !!!

  • Anon

    Horrible web browser trading platform. Nadex sucks. Who wants to trade on a web browser it is very slow and the platform does not work properly all the time

  • Sibo

    Do you accept traders from Canada?

  • Todd

    Nadex and Cantor Exchange are the only two names that don’t belong on a scammers list for binary options brokers. That’s it. No one else qualifies. They’re both regulated exchanges – not brokers, but actual exchanges, and yes this matters – and by a regulatory agency with the ability to actually enforce compliance. If you trade binary options anywhere else but Nadex or Cantor Exchange, you’re playing with fire. And if you think being regulated by the joke that is CySEC offers you protection, well, good luck with that. You’ll need it. They couldn’t enforce their way out of a paper bag.

    Don’t fall for the crazy promises and smooth-talking salespeople the brokers toss your way. They work for the broker, not for you. They don’t care about you except for what they can get out of you. They have no morals, and no allegiance except to their employer and themselves. You are nothing more to them than a potential paycheck. Don’t ever forget that, especially when they’re trying to put dollar signs in your eyes with their promise of riches. They’re counting on you believing them. Don’t. Ever.

    And if you’ve been taken in by them before, hey, you’re not alone. It happens. Just learn from it, and make sure you don’t repeat it. If you haven’t been taken in yet, stay that way. When they call, hang up. When they email, delete it and put their address on your spam list. If they Skype you, remove them. However and whenever they try to contact you, block them and/or ignore them. Treat them as if they’re trying to break into your home and steal from you. That’s exactly what they’re trying to do. Don’t let them. Your only defense against them is you.

    Do your research. And do it like your money is at stake. Because it is. Don’t ever, ever, ever, ever send your money to any broker without looking them over inside and out, upside and down. Ever. If you really and truly do that, you’ll likely end up at Nadex and/or Cantor, or you’ll decide to pass on binary options altogether. Either option is far superior to giving your money to literally any other company you’ll see reviewed on this web site.

  • Dan Danh

    I have open account with Nadex and deposit $500 and trade forex option a few time . I was monitor Nadex live market price with 3 other forex live market price . It seem to me that Nadex live market price was no true , it was off 1 minute with other live market price . So I request an withdrawal of remanding balance. And request to cancel my account.

    • phil Mcrackin

      If that’s true, why didn’t you make money and take advantage?

  • Jack Margoles

    Just received your email promoting NADEX. I have traded on some of the offshore platforms, and I have concerns about the safety and stability of those platforms (and IF I were to be profitable, would I really be able to get my money?). That said, your promotional email raised the same concerns I would have with the offshore brokers: I followed the link in the email, and I got the following error message:
    We are sorry, it seems you were referred from a marketing campaign that is not approved.”

    THAT does NOT inspire confidence in a prospective trader. Just sayin’.

  • BinaryGuy

    I think Nadex is the best option if you are a trader in the United States. Nadex is a CFTC regulated binary options exchange based in the US. They hold all member funds in segregated accounts in top US banks (Fifth Third Bank, BMO Harris Bank). That means that your funds are secure. Since Nadex is an exchange that also means that the payouts are different than other overseas binary options brokers. The payouts on Nadex are 100% of your trade minus the trading fees (which are very low).