Nadex is one of the few US regulated binary option exchanges. In our Nadex review, you learn how to profit from this unique distinction.
You will learn:
Stop! Wait! Slow Down!
Nadex is a great binary options exchange however they focus on US Traders. If you are from the US keep reading! If you are non-us, then take a look at the general brokers list!
With this information, you will be able to use Nadex to make money with binary options. Read our Nadex review here:
Okay, Nadex is based in the U.S. But what does that mean exactly, and which changes does this imply for you? Let’s take a look at these factors one by one.
U.S. based traders face a simple dilemma. To legally trade binary options inside the United States, U.S. traders need a broker or an exchange that is regulated by the Commodity Futures Trading Commission (CFTC), which is the U.S. government’s institution overseeing futures, options, and swaps trading and protecting traders from fraud, manipulation, abuse, and systemic risk.
Since most binary options brokers are based all over the world, operate outside U.S. law, and refuse to accept U.S. control, CFTC-regulated brokers are difficult to find. Even though some brokers accept U.S., they are legally forbidden from doing so. While that does not mean that every non-U.S.-regulated broker is a scam, it does mean that if such a broker is scamming you, there is nothing you can do.
Nadex is the only binary options exchange that is registered with the Commodity Futures Trading Commission. It is, therefore, the only exchange that is legally allowed to offer binary options to U.S. traders.
This regulation provides traders with a great deal of security for a number of reasons:
Combined, these three advantages build the foundation that allows you to create a successful binary options trading career.
Continue reading our Nadex review below…
Okay, so Nadex is a highly secure binary options excahnge. But can you make money with Nadex? To answer this question, we have to take a look at Nadex’ binary options types and asset.
When it comes to binary options types, Nadex continues their commitment to a unique and customer-friendly service. Instead of offering countless variations of binary options types, Nadex has compressed the best of all binary options types into a single binary options types.
Nadex’ binary options are based on conventional high / low options. Instead of forcing you to base your prediction on the current market price, however, Nadex allows you to choose from twenty to thirty strike prices that you can base your binary option on.
This means, if an asset is currently trading at $100, other brokers would only offer you the possibility to predict whether the market will trade over $100 or below $100 when your option expiries. With Nadex, on the other hand, you can make the same prediction based on 10 to 15 prices above the current market price and 10 to 15 prices below the current market.
In any given situation, this system allows you to choose from 40 to 60 predictions. Since predicting a stronger movement creates a higher payout, you can create an almost endless amount of strategies and risk-reward combinations.
Combined, these advantages make Nadex a high-potential exchange that allows traders to make money in every situation and trade unique strategies.
Now that we have established that Nadex provides great advantages for U.S. traders, traders who live outside the United States will ask themselves what all of these advantages mean for them. Let’s answer this question.
The first thing that you have to understand is that the CFTC’s regulation applies to Nadex as a whole business, not just to traders that live inside the U.S. That means, all the requirements that guarantee that Nadex offers a trustworthy, honest trading service also help you. You get the same security as any U.S. trader, and you are in no way worse off.
Similarly, international traders get the same revolutionary binary options types and the same wealth of expiries, and they get Nadex’ honest pricing and exact expiries, which puts them in the exact same position to make money with binary options than U.S. customers.
Consequently, international traders can get the same advantages from Nadex as U.S. based traders. We, therefore, recommend Nadex to traders from all over the world. If you are looking for a unique binary options exchange with great security and profitable binary options, you should consider giving Nadex a try.
Nadex combines two advantages that allow traders from all over the world to profit from their service: profitability and security. Since these are the two main foundations of a successful trading career, Nadex is a great partner for all traders that want to enjoy long and successful trading careers, regardless of where they live.