Contract Specifications

Forex

Find important information regarding contract specifications for forex, including expiration times, trading hours, underlying markets and more.

Please ensure that you understand the relevant contract specifications before trading. If you need any clarification, please contact Nadex and our trading support team can advise you further.

All times below are in Eastern (EST) and trading hours are subject to holidays.

Binary option contracts

EUR/USD

Position limit: None

Duration Expiration Strike width No. of contracts Trading hours
Intraday: 5-minute Sun-Fri: every 5 minutes from 6:05pm to 8:05am and 12:10pm to 5pm (Fri, 4pm) 0.0002 5 For 5 minutes preceding expiration
Intraday: 5-minute 8:10am to 12:05pm 0.0004 5 For 5 minutes preceding expiration
Intraday: 2-hour Hourly, Sun 8pm-Fri 4pm; no 6pm or 7pm expiration Mon-Thu 0.0004 19 For 2 hours preceding expiration
Daily Mon-Fri: 3am 0.0020 21 Sun-Mon, 6pm-3am, Mon-Fri, 4am-3am
Daily Mon-Fri: 7am 0.0020 21 Sun-Mon, 6pm-7am, Mon-Fri, 8am-7am
Daily Mon-Fri: 11am 0.0020 21 Sun-Mon, 6pm-11am, Mon-Fri, 12pm-11am
Daily Mon-Fri: 3pm 0.0020 21 Sun-Mon, 6pm-3pm, Mon-Fri, 4pm-3pm
Daily Mon-Thu: 7pm 0.0020 21 Sun-Thu, 8pm-7pm
Daily Sun-Thu: 11pm 0.0020 21 Sun, 6pm-11pm, Mon-Thu, 12am-11pm
Weekly Fri: 3pm 0.0050 14 Sun, 6pm-Fri, 3pm

GBP/USD

Position limit: None

Duration Expiration Strike width No. of contracts Trading hours
Intraday: 5-minute Sun-Fri: every 5 minutes from 6:05pm to 8:05am and 12:10pm to 5pm (Fri, 4pm) 0.0002 5 For 5 minutes preceding expiration
Intraday: 5-minute 8:10am to 12:05pm 0.0004 5 For 5 minutes preceding expiration
Intraday: 2-hour Hourly, Sun 8pm-Fri 4pm; no 6pm or 7pm expiration Mon-Thu 0.0010 9 For 2 hours preceding expiration
Daily Mon-Fri: 3am 0.0020 21 Sun-Mon, 6pm-3am, Mon-Fri, 4am-3am
Daily Mon-Fri: 7am 0.0020 21 Sun-Mon, 6pm-7am, Mon-Fri, 8am-7am
Daily Mon-Fri: 11am 0.0020 21 Sun-Mon, 6pm-11am, Mon-Fri, 12pm-11am
Daily Mon-Fri: 3pm 0.0020 21 Sun-Mon, 6pm-3pm, Mon-Fri, 4pm-3pm
Daily Mon-Thu: 7pm 0.0020 21 Sun-Thu, 8pm-7pm
Daily Sun-Thu: 11pm 0.0020 21 Sun, 6pm-11pm, Mon-Thu, 12am-11pm
Weekly Fri: 3pm 0.0050 14 Sun, 6pm-Fri, 3pm

USD/JPY

Position limit: None

Duration Expiration Strike width No. of contracts Trading hours
Intraday: 5-minute Sun-Fri: every 5 minutes from 6:05pm to 8:05am and 12:10pm to 5pm (Fri, 4pm) 0.02 5 For 5 minutes preceding expiration
Intraday: 5-minute 8:10am to 12:05pm 0.04 5 For 5 minutes preceding expiration
Intraday: 2-hour Hourly, Sun 8pm-Fri 4pm; no 6pm or 7pm expiration Mon-Thu 0.04 19 For 2 hours preceding expiration
Daily Mon-Fri: 3am 0.20 21 Sun-Fri, 6pm-3am, Mon-Fri, 4am-3am
Daily Mon-Fri: 7am 0.20 21 Sun-Mon, 6pm-7am, Mon-Fri, 8am-7am
Daily Mon-Fri: 11am 0.20 21 Sun-Mon, 6pm-11am, Mon-Fri, 12pm-11am
Daily Mon-Fri: 3pm 0.20 21 Sun-Mon, 6pm-3pm, Mon-Fri, 4pm-3pm
Daily Mon-Thu: 7pm 0.20 21 Sun-Thu, 8pm-7pm
Daily Sun-Thu: 11pm 0.20 21 Sun, 6pm-11pm, Mon-Thu, 12am-11pm
Weekly Fri: 3pm 0.50 14 Sun, 6pm-Fri, 3pm

AUD/USD

Position limit: None

Duration Expiration Strike width No. of contracts Trading hours
Intraday: 5-minute Sun-Fri: every 5 minutes from 6:05pm to 8:05am and 12:10pm to 5pm (Fri, 4pm) 0.0002 5 For 5 minutes preceding expiration
Intraday: 5-minute 8:10am to 12:05pm 0.0004 5 For 5 minutes preceding expiration
Intraday: 2-hour Hourly, Sun 8pm-Fri 4pm; no 6pm or 7pm expiration Mon-Thu 0.0004 19 For 2 hours preceding expiration
Daily Mon-Fri: 3am 0.0020 21 Sun-Fri, 6pm-3am, Mon-Fri, 4am-3am
Daily Mon-Fri: 7am 0.0020 21 Sun-Mon, 6pm-7am, Mon-Fri, 8am-7am
Daily Mon-Fri: 11am 0.0020 21 Sun-Mon, 6pm-11am, Mon-Fri, 12pm-11am
Daily Mon-Fri: 3pm 0.0020 21 Sun-Mon, 6pm-3pm, Mon-Fri, 4pm-3pm
Daily Mon-Thu: 7pm 0.0020 21 Sun-Thu, 8pm-7pm
Daily Sun-Thu: 11pm 0.0020 21 Sun, 6pm-11pm, Mon-Thu, 12am-11pm
Weekly Fri: 3pm 0.0050 14 Sun, 6pm-Fri, 3pm

USD/CAD

Position limit: None

Duration Expiration Strike width No. of contracts Trading hours
Intraday: 5-minute Sun-Fri: every 5 minutes from 6:05 to 5pm (Fri, 4pm) 0.0005 5 For 5 minutes preceding expiration
Intraday Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm 0.0010 9 For 2 hours preceding expiration
Daily Mon-Fri: 3am 0.0020 21 Sun-Fri, 6pm-3am, Mon-Fri, 4am-3am
Daily Mon-Fri: 7am 0.0020 21 Sun-Mon, 6pm-7am, Mon-Fri, 8am-7am
Daily Mon-Fri: 11am 0.0020 21 Sun-Mon, 6pm-11am, Mon-Fri, 12pm-11am
Daily Mon-Fri: 3pm 0.0020 21 Sun-Mon, 6pm-3pm, Mon-Fri, 4pm-3pm
Daily Mon-Thu: 7pm 0.0020 21 Sun-Thu, 8pm-7pm
Daily Sun-Thu: 11pm 0.0020 21 Sun, 6pm-11pm, Mon-Thu, 12am-11pm
Weekly Fri: 3pm 0.0050 14 Sun, 6pm-Fri, 3pm

GBP/JPY

Position limit: None

Duration Expiration Strike width No. of contracts Trading hours
Intraday: 5-minute Sun-Fri: every 5 minutes from 6:05pm to 5pm (Fri, 4pm) 0.05 5 For 5 minutes preceding expiration
Intraday Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm 0.10 9 For 2 hours preceding expiration
Daily Mon-Fri: 3am 0.20 21 Sun-Fri, 6pm-3am, Mon-Fri, 4am-3am
Daily Mon-Fri: 7am 0.20 21 Sun-Mon, 6pm-7am, Mon-Fri, 8am-7am
Daily Mon-Fri: 11am 0.20 21 Sun-Mon, 6pm-11am, Mon-Fri, 12pm-11am
Daily Mon-Fri: 3pm 0.20 21 Sun-Mon, 6pm-3pm, Mon-Fri, 4pm-3pm
Daily Mon-Thu: 7pm 0.20 21 Sun-Thu, 8pm-7pm
Daily Sun-Thu: 11pm 0.20 21 Sun, 6pm-11pm, Mon-Thu, 12am-11pm
Weekly Fri: 3pm 0.50 14 Sun, 6pm-Fri, 3pm

EUR/JPY

Position limit: None

Duration Expiration Strike width No. of contracts Trading hours
Intraday: 5-minute Sun-Fri: every 5 minutes from 6:05pm to 5pm (Fri, 4pm) 0.05 5 For 5 minutes preceding expiration
Intraday Hourly, Sun 8pm-Fri 4pm; no 6pm or 7pm expiration Mon-Thu 0.10 9 For 2 hours preceding expiration
Daily Mon-Fri: 3am 0.20 21 Sun-Fri, 6pm-3am, Mon-Fri, 4am-3am
Daily Mon-Fri: 7am 0.20 21 Sun-Mon, 6pm-7am, Mon-Fri, 8am-7am
Daily Mon-Fri: 11am 0.20 21 Sun-Mon, 6pm-11am, Mon-Fri, 12pm-11am
Daily Mon-Fri: 3pm 0.20 21 Sun-Mon, 6pm-3pm, Mon-Fri, 4pm-3pm
Daily Mon-Thu: 7pm 0.20 21 Sun-Thu, 8pm-7pm
Daily Sun-Thu: 7pm 0.20 21 Sun, 6pm-11pm, Mon-Thu, 12am-11pm
Weekly Fri: 3pm 0.50 14 Sun, 6pm-Fri, 3pm

USD/CHF

Position limit: None

Duration Expiration Strike width No. of contracts Trading hours
Intraday Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm 0.0004 15 For 2 hours preceding expiration
Daily Mon-Fri: 3am 0.0020 21 Sun-Fri, 6pm-3am, Mon-Fri, 4am-3am
Daily Mon-Fri: 7am 0.0020 21 Sun-Mon, 6pm-7am, Mon-Fri, 8am-7am
Daily Mon-Fri: 11am 0.0020 21 Sun-Mon, 6pm-11am, Mon-Fri, 12pm-11am
Daily Mon-Fri: 3pm 0.0020 21 Sun-Mon, 6pm-3pm, Mon-Fri, 4pm-3pm
Daily Mon-Thu: 7pm 0.0020 21 Sun-Thu, 8pm-7pm
Daily Sun-Thu: 11pm 0.0020 21 Sun, 6pm-11pm, Mon-Thu, 12am-11pm
Weekly Fri: 3pm 0.0050 14 Sun, 6pm-Fri, 3pm

EUR/GBP

Position limit: None

Duration Expiration Strike width No. of contracts Trading hours
Intraday Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm 0.0010 9 For 2 hours preceding expiration
Daily Mon-Fri: 3am 0.0020 21 Sun-Fri, 6pm-3am, Mon-Fri, 4am-3am
Daily Mon-Fri: 7am 0.0020 21 Sun-Mon, 6pm-7am, Mon-Fri, 8am-7am
Daily Mon-Fri: 11am 0.0020 21 Sun-Mon, 6pm-11am, Mon-Fri, 12pm-11am
Daily Mon-Fri: 3pm 0.0020 21 Sun-Mon, 6pm-3pm, Mon-Fri, 4pm-3pm
Daily Mon-Thu: 7pm 0.0020 21 Sun-Thu, 8pm-7pm
Daily Sun-Thu: 11pm 0.0020 21 Sun, 6pm-11pm, Mon-Thu, 12am-11pm
Weekly Fri: 3pm 0.0050 14 Sun, 6pm-Fri, 3pm

AUD/JPY

Position limit: None

Duration Expiration Strike width No. of contracts Trading hours
Intraday Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm 0.05 9 For 2 hours preceding expiration
Daily Mon-Fri: 3am 0.20 21 Sun-Fri, 6pm-3am, Mon-Fri, 4am-3am
Daily Mon-Fri: 7am 0.20 21 Sun-Mon, 6pm-7am, Mon-Fri, 8am-7am
Daily Mon-Fri: 11am 0.20 21 Sun-Mon, 6pm-11am, Mon-Fri, 12pm-11am
Daily Mon-Fri: 3pm 0.20 21 Sun-Mon, 6pm-3pm, Mon-Fri, 4pm-3pm
Daily Mon-Thu: 7pm 0.20 21 Sun-Thu, 8pm-7pm
Daily Sun-Thu: 11pm 0.20 21 Sun, 6pm-11pm, Mon-Thu, 12am-11pm
Weekly Fri: 3pm 0.50 14 Sun, 6pm-Fri, 3pm

USD/MXN

Position limit: None

Duration Expiration Strike width No. of contracts Trading hours
Intraday Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm 0.016 15 For 2 hours preceding expiration
Daily Mon-Fri: 3pm 0.040 21 Mon-Fri, 8am-3pm
Weekly Fri: 3pm 0.100 13 Mon-Fri, 8am-3pm

Knock-out contracts

EUR/USD

Position limit: 100

Duration Expiration Range No. of contracts Trading hours Minimum tick size
Weekly Earlier of 3pm or when EUR/USD Index Value = or is > than the ceiling, or = or is < the floor 0.0250 4 Mon-Fri, 6pm-3pm 0.0001

GBP/USD

Position limit: 100

Duration Expiration Range No. of contracts Trading hours Minimum tick size
Weekly Earlier of 3pm or when GBP/USD Index Value = or is > than the ceiling, or = or is < the floor 0.0250 4 Mon-Fri, 6pm-3pm 0.0001

USD/CHF

Position limit: 100

Duration Expiration Range No. of contracts Trading hours Minimum tick size
Weekly Earlier of 3pm or when USD/CHF Index Value = or is > than the ceiling, or = or is < the floor 0.0250 4 Mon-Fri, 6pm-3pm 0.0001

USD/JPY

Position limit: 100

Duration Expiration Range No. of contracts Trading hours Minimum tick size
Weekly Earlier of 3pm or when USD/JPY Index Value = or is > than the ceiling, or = or is < the floor 2.50 4 Mon-Fri, 6pm-3pm 0.01

Call spread contracts

EUR/USD

Position limit: None

Duration Expiration Range No. of contracts Trading hours Minimum tick size
2-hour Sun-Fri: 8pm, 9pm, 10pm, 11pm, 12am, 1am, 2am, 3am, 4am, 5am, 6am, 7am, 8am, 9am, 10am, 11am, 12pm, 1pm, 2pm, 3pm 0.0100 3 For 2 hours preceding expiration 0.0001
5-hour/8-hour 5-hour: Sun-Thu, 11pm; 8-hour: Mon-Fri: 7am, 3pm 0.0250 3 For 5 or 8 hours preceding expiration, depending on the contract 0.0001
Daily Mon-Fri, 3pm 0.0250 3 Sun-Fri, 6pm-3pm 0.0001
Daily Mon-Fri, 3pm 0.0500 1 Sun-Fri, 6pm-3pm 0.0001

GBP/USD

Position limit: None

Duration Expiration Range No. of contracts Trading hours Minimum tick size
2-hour Sun-Fri: 8pm, 9pm, 10pm, 11pm, 12am, 1am, 2am, 3am, 4am, 5am, 6am, 7am, 8am, 9am, 10am, 11am, 12pm, 1pm, 2pm, 3pm 0.0150 3 For 2 hours preceding expiration 0.0001
5-hour/8-hour 5-hour: Sun-Thu, 11pm; 8-hour: Mon-Fri: 7am, 3pm 0.0300 3 For 5 or 8 hours preceding expiration, depending on the contract 0.0001
Daily Mon-Fri, 3pm 0.0250 3 Sun-Fri, 6pm-3pm 0.0001
Daily Mon-Fri, 3pm 0.0500 1 Sun-Fri, 6pm-3pm 0.0001

USD/JPY

Position limit: None

Duration Expiration Range No. of contracts Trading hours Minimum tick size
2-hour Sun-Fri: 8pm, 9pm, 10pm, 11pm, 12am, 1am, 2am, 3am, 4am, 5am, 6am, 7am, 8am, 9am, 10am, 11am, 12pm, 1pm, 2pm, 3pm 1.00 3 For 2 hours preceding expiration 0.01
5-hour/8-hour 5-hour: Sun-Thu, 11pm; 8-hour: Mon-Fri: 7am, 3pm 1.50 3 For 5 or 8 hours preceding expiration, depending on the contract 0.01
Daily Mon-Fri, 3pm 2.50 3 Sun-Fri, 6pm-3pm 0.01
Daily Mon-Fri, 3pm 5.00 1 Sun-Fri, 6pm-3pm 0.01

AUD/USD

Position limit: None

Duration Expiration Range No. of contracts Trading hours Minimum tick size
2-hour Sun-Fri: 8pm, 9pm, 10pm, 11pm, 12am, 1am, 2am, 3am, 4am, 5am, 6am, 7am, 8am, 9am, 10am, 11am, 12pm, 1pm, 2pm, 3pm 0.0100 3 For 2 hours preceding expiration 0.0001
5-hour/8-hour 5-hour: Sun-Thu, 11pm; 8-hour: Mon-Fri: 7am, 3pm 0.0200 3 For 5 or 8 hours preceding expiration, depending on the contract 0.0001
Daily Mon-Fri, 3pm 0.0250 3 Sun-Fri, 6pm-3pm 0.0001
Daily Mon-Fri, 3pm 0.0500 1 Sun-Fri, 6pm-3pm 0.0001

USD/CAD

Position limit: None

Duration Expiration Range No. of contracts Trading hours Minimum tick size
2-hour Sun-Fri: 8pm, 9pm, 10pm, 11pm, 12am, 1am, 2am, 3am, 4am, 5am, 6am, 7am, 8am, 9am, 10am, 11am, 12pm, 1pm, 2pm, 3pm 0.0100 3 For 2 hours preceding expiration 0.0001
5-hour/8-hour 5-hour: Sun-Thu, 11pm; 8-hour: Mon-Fri: 7am, 3pm 0.0200 3 For 5 or 8 hours preceding expiration, depending on the contract 0.0001
Daily Mon-Fri, 3pm 0.0250 3 Sun-Fri, 6pm-3pm 0.0001
Daily Mon-Fri, 3pm 0.0500 1 Sun-Fri, 6pm-3pm 0.0001

GBP/JPY

Position limit: None

Duration Expiration Range No. of contracts Trading hours Minimum tick size
2-hour Sun-Fri: 8pm, 9pm, 10pm, 11pm, 12am, 1am, 2am, 3am, 4am, 5am, 6am, 7am, 8am, 9am, 10am, 11am, 12pm, 1pm, 2pm, 3pm 1.00 3 For 2 hours preceding expiration 0.01
5-hour/8-hour 5-hour: Sun-Thu, 11pm; 8-hour: Mon-Fri: 7am, 3pm 2.50 3 For 5 or 8 hours preceding expiration, depending on the contract 0.01
Daily Mon-Fri, 3pm 2.50 3 Sun-Fri, 6pm-3pm 0.01
Daily Mon-Fri, 3pm 5.00 1 Sun-Fri, 6pm-3pm 0.01

USD/CHF

Position limit: None

Duration Expiration Range No. of contracts Trading hours Minimum tick size
2-hour Sun-Fri: 8pm, 9pm, 10pm, 11pm, 12am, 1am, 2am, 3am, 4am, 5am, 6am, 7am, 8am, 9am, 10am, 11am, 12pm, 1pm, 2pm, 3pm 0.0100 3 For 2 hours preceding expiration 0.0001
5-hour/8-hour 5-hour: Sun-Thu, 11pm; 8-hour: Mon-Fri: 7am, 3pm 0.0200 3 For 5 or 8 hours preceding expiration, depending on the contract 0.0001
Daily Mon-Fri, 3pm 0.0250 3 Sun-Fri, 6pm-3pm 0.0001
Daily Mon-Fri, 3pm 0.0500 1 Sun-Fri, 6pm-3pm 0.0001

EUR/JPY

Position limit: None

Duration Expiration Range No. of contracts Trading hours Minimum tick size
2-hour Sun-Fri: 8pm, 9pm, 10pm, 11pm, 12am, 1am, 2am, 3am, 4am, 5am, 6am, 7am, 8am, 9am, 10am, 11am, 12pm, 1pm, 2pm, 3pm 1.00 3 For 2 hours preceding expiration 0.01
5-hour/8-hour 5-hour: Sun-Thu, 11pm; 8-hour: Mon-Fri: 7am, 3pm 2.00 3 For 5 or 8 hours preceding expiration, depending on the contract 0.01
Daily Mon-Fri, 3pm 2.50 3 Sun-Fri, 6pm-3pm 0.01
Daily Mon-Fri, 3pm 5.00 1 Sun-Fri, 6pm-3pm 0.01

EUR/GBP

Position limit: None

Duration Expiration Range No. of contracts Trading hours Minimum tick size
Daily Mon-Fri, 3pm 0.0250 3 Sun-Fri, 6pm-3pm 0.0001
Daily Mon-Fri, 3pm 0.0500 1 Sun-Fri, 6pm-3pm 0.0001

AUD/JPY

Position limit: None

Duration Expiration Range No. of contracts Trading hours Minimum tick size
Daily Mon-Fri, 3pm 2.50 3 Sun-Fri, 6pm-3pm 0.01
Daily Mon-Fri, 3pm 5.00 1 Sun-Fri, 6pm-3pm 0.01

Pursuant to Nadex Rule 12.1(e), in instances where a duplicate strike width would be generated under the applicable product rule, the strike width for that contract will be adjusted by the pre-determined levels described in Document this table.

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