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Nadex is a leading provider of binary options trading in the United States. We have slick technology, hot markets, and short-term trading opportunities around the clock. With Nadex, you can experience the thrill of moving markets on a regulated exchange, with fixed levels of risk. We empower you to trade your way.
An excellent binary options trading platform
Trading binary options with Nadex is different, and for all right reasons. Why?
Nadex is a regulated exchange
Your money is protected, plus withdrawals are simple
You can get a demo account with free virtual funds
Trading fees are low and completely transparent
Nadex is the home of limited risk, short-term trading
Learn more about what this means for you as a Nadex trader.
Nadex is a regulated exchange
Nadex is the largest regulated exchange for trading binary options in the US. We’re regulated by the Commodity Futures Trading Commission (CFTC), an independent federal agency that oversees the US derivatives market and seeks to prevent abusive trade practices.
As a CFTC-regulated exchange, we agree to promote the integrity, resilience, and vibrancy of the US derivatives markets. On Nadex, you can trade in a regulated environment with safeguards to protect against manipulation and fraud.
Your money is protected and withdrawals are simple
Funds are held in segregated accounts in major US banks. When you become a member, your funds will be held in accounts at BMO Harris Bank and Fifth Third Bank in accordance with CFTC regulations. We offer secure and innovative ways to participate in the markets.
It’s quick and easy to withdraw funds from your Nadex account. The process has recently been updated too, making it even speedier.
There are two ways you can withdraw your cash you’ve deposited in your Nadex account for free:
Debit card – free for all Nadex members
ACH withdrawal (bank transfer) – free for US residents
You can also withdraw funds via a wire transfer or international bank transfer.
Demo account with virtual funds
See what it's like to trade on Nadex and test your skills with a free demo account. You can sign up in seconds, and you'll automatically get $10,000 in virtual funds - test drive the platform with none of the risk. When you upgrade to your live account, you'll be ready for the real deal.
Low and transparent trading fees
Here are our binary option trading fees:
| Entry | $1 trading fee per contract |
| Exit before expiration | $1 trading fee per contract |
| Trade expiration (in-the-money) | $1 settlement fee per contract |
| Trade expiration (out-of-the-money) | No settlement fee |
See all Nadex trading fees.
Limited risk, short-term trading
Binary option order tickets show you all possible outcomes upfront. The price of a Nadex Binary Option changes based on probability, giving you more opportunity than other providers, where you simply predict if the market’s going higher or lower.
You can choose to pay a premium for contracts that are already in-the-money, or opt for lower risk and higher reward potential if you think that markets have further to move. Trade contracts as short as five minutes in duration – perfect for traders with a need for speed, while still offering complete control.
Nadex trading platform
Our trading platform stands out from the crowd. Recently redesigned, it prioritizes your trading experience. You can use advanced charting functions, dive in and out of the markets and track your trades, all from one simple, clean interface.
We have a desktop trading platform and a mobile trading platform so you can truly trade your way, any place you like.
What can you trade on the Nadex platform?
Nadex is the specialist platform for regulated short-term trading.
You can trade on these markets using binary options:
Interested in other Nadex trading products? Why not try knock-outs and call spreads to give you pinpoint control over risk and a built in trading plan.
Open a demo account now
Open a demo account now. $10,000 in practice funds are waiting for you.
Learn to trade with Nadex
We’ve got your back, whether you’ve been trading for ten years or ten minutes. Our website is packed with free educational resources for you to explore.
Explore our education center
See our videos on YouTube
Binary Options FAQs
What are binary options?
Binary options are a financial instrument that provide a fixed payout if the underlying market moves beyond the strike price. You decide whether a market is likely to be above a certain price, at a certain time. Trading a binary option is like asking a simple question: will this market be above this price at this time? If you think yes, you buy, and if you think no, you sell. Nadex Binary Options enable traders to predict the outcome of an underlying market’s movement. Learn more about how binary options work.
How do binary options work?
There are three key elements that make up a binary option contract:
The underlying market. This is the market you choose to trade.
The strike price. The strike price is central to the binary option decision-making process – to place a trade, you must decide if you think the underlying market will be above or below the strike.
The expiration date and time. You can trade binary options lasting for up to one week, with durations as short as five minutes.
Learn more about how binary options work.
Are binary options legal?
Yes, binary options are legal to trade with a regulated provider in the US. It’s not just legal to trade binary options in the US – it’s regulated, has low capital requirements, and is accessible to retail traders. Look out for CFTC regulation to make sure the exchange you are trading on has legal oversight to protect you against unscrupulous market practices. Additionally, ensure the exchange is based in the US and that you trade your own account. Learn more about how binary options are regulated.
Is binary options trading risky?
It can be! Here are some steps to follow so that you can trade binary options more securely:
Only trade with a CFTC regulated exchange.
Don’t engage with anybody who claims to be a broker, or who says they can trade your account for you.
Trade your own account.
Try trading binary options on a regulated exchange for free! The best way to trade more confidently is through practice on our binary options demo account with $10,000 in virtual funds.
How do binary traders make money?
Binary traders can make money by correctly predicting whether a market will be above a specific price at a specific time. At expiration, you either make a predefined profit or you lose the money you paid to open the trade. Binary options are priced between $0 and $100. Each contract will show you the maximum you could gain and the maximum you could lose. If your trade is successful, you receive a $100 payout, so your profit will be $100 minus the money you paid to open the trade. If your trade isn’t successful, you don’t receive a payout. This means you lost your capital, but nothing else, because your risk is capped.
What's the difference between options and binary options?
Binary options are short-term, limited risk contracts with two possible outcomes at expiration – you either make a predefined profit or you lose the money you paid to open the trade. The payoff is fixed on either side of the strike price. Options, also called vanilla options, have a payout that is dependent on the difference of the strike price of the option and the price of the underlying asset on one side of the strike price while fixed on the other. Options can be complex, difficult to price, and have the potential for outsized profits or losses.
What's the minimum deposit for a binary options trade?
At Nadex, you can open a live account for free - that's right, no minimum deposit required. Binary trades at Nadex are priced between $0 and $100, excluding exchange fees. The cost to place a trade is always equal to the maximum risk, plus any trade fees, which is required to be in your account when the order is placed. Not ready for a live account? You can practice trading binary options for free with our binary options demo account.