Nadex review work with binary options

Nadex is an American binary options and Forex broker

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2020-06-14 10:07:00

Nadex is an American binary options and Forex broker, founded in 2004. It is under the jurisdiction of the regulatory body CFTC (USA). In addition to more than 2,400 binary options, the company offers trading in the markets of currency pairs, stock indices, commodities, cryptocurrencies. Customers can be both individuals and corporate groups.

 

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For more than ten years, residents of the United States have been using the financial instruments of the company to make a profit and increase their savings. According to the documents, the company is owned by the IG Group (London, UK), but its head office is in the states (Chicago, Illinois). At the moment, the services of the trading platform can be used not only by Americans, citizens of other countries also have access to the broker's financial instruments. The application created for nadex significantly expands the capabilities of the trader and allows you to monitor the situation on the trading platform, regardless of the location of the user of the web resource.

 

Instruments

 

The considered trading platform allows to carry out operations from one account, irrespective of the chosen financial instrument. Broker's clients can enter into transactions using:

 

● stock indexes;

 

● currency pairs;

 

● cryptocurrency;

 

● tangible assets.

 

At the considered site there are special charts showing the dynamics of changes in financial indicators for each asset.

 

Registration

 

On the nadex trading platform, the login, password and minimum information about the user do not open access to the broker's financial instruments. Each trader must fill out a detailed questionnaire and prepare the requested documents (passport, utility bills, social card, etc.), only after fulfilling these requirements, the user will have the right to trade. To ensure the security of the resource, the site administration carefully checks the profiles of new users and applies multi-stage account registration.

 

The demo account provided on the nadex platform allows novice traders to study in detail how trades are conducted, what to do to get the maximum profit, etc. But before starting work, experienced users recommend reading the training material posted on this web resource ( glossary, comments, videos, etc.).

Pros & Cons

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Analyzing the information posted on the network about the Nadex platform: reviews, comments, recommendations, etc., you can highlight the most important advantages of this web resource:

 

● low cost of services provided;

 

● care for the preservation of financial resources of their customers (money is stored in accounts with reliable banks);

 

● one of the few trading platforms that legally provides its services;

 

● the company's activities are controlled by US regulators;

 

● the web resource offers its clients a wide range of financial instruments for a wide variety of trading operations;

 

● protection of clients' monetary resources from sharp changes in the value of assets is provided;

 

● the company's website contains training materials that allow a beginner with zero level of training to master the principle of operation of trading platforms;

 

● the possibility of making a profit on short-term contracts is provided.

 

If the user of the trading platform has any problems or questions during the work, he can contact the support service. Telephone and e-mail are provided for this purpose.

 

The main disadvantages of this platform are:

 

● limited number of ways to deposit/withdraw funds;

 

● the need to provide a large amount of personal information during registration;

 

● Some users believe that $ 250 is a large amount for the first deposit.

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Damian

Damian

Author

I have been trading Forex for more than 5 years, mostly with manual and automatic trading. I set up advisors for round-the-clock automated trading. I'm sure I can help to establish your trading skills....

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