![]() ![]() Accounts do not require a specific opening deposit – however, in order to become a member of the exchange and to be eligible to trade, the account will need to be funded. Debit cards may be the easiest in most cases, as the transfer is free and funds are available instantly. Opening this type of account requires additional documentation including a W-9 and information from beneficial owners and account traders.įor US individual accounts, you can fund a new account with a debit card, ACH transfer, or bank wire. Foreign accounts require documentary evidence of the individual’s identity and address.īusiness accounts are available for trusts, LLCs, partnerships, and corporations. Individual accounts require your personal information including name, address, date of birth, and Social Security number. Nadex also offers individual accounts for international users from over 35 different countries. International users from a select list of countries can also open an individual account at Nadex with no minimum opening deposit.įor US residents, Nadex offers both individual and business accounts. Nadex offers accounts for individuals, trusts, and US businesses. ![]() There is no desktop application or platform to download. The Nadex trading platform works through most modern web browsers and a mobile version. This helps you learn how to limit your risks, test out trading strategies and theories, and understand how the Nadex system works for free. If you want to learn more about this type of trading, Nadex offers an excellent way to get started: a fully functioning demo platform that gives you $10,000 in practice funds to test and learn. Both short-term trades and derivatives can be very risky, so make sure you take your time to learn the platform, contracts, and markets and proceed with caution. It is important that you fully understand this type of derivative before trading. Nadex matches buyers and sellers on the exchange and your transaction is matched with another market participant or market maker.īinary options are trading vehicles that derive their value from the movement of other assets, such as stock indices, currencies, commodities, or even economic data. Unlike most platforms you will find, this one is not a broker that gives you access to another market or exchange. Nadex is an exchange that allows trading in binary options, knock-outs, and call spreads. This type of trading is legal and regulated by the Commodity Futures Trading Commission. Nadex is available only through an online trading platform and mobile app which allows you to trade for $1 per contract. Through a Nadex account, you can trade binary options, knock-outs, and call spreads. Nadex the North American Derivatives Exchange, is a platform and exchange for short-term traders looking for trading opportunities in the investment markets. ![]()
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