The North American Derivatives Exchange™ (Nadex) is the premier US exchange for binary options, call spreads, and knock-outs, offering secure and innovative ways to participate in the markets. We are regulated by the Commodity Futures Trading Commission (CFTC), and member funds are held in segregated accounts in major US banks.
As a Nadex member, you can trade multiple markets and access an ongoing series of short-term trading opportunities. Over 10,000 hourly, daily, and weekly contracts are traded five days a week on desktop and mobile platforms. Nadex is a regulated financial exchange, meaning we match buyers and sellers, and do not take positions in any markets.
Trade a wide range of global markets, all from one account
- Forex. Gain exposure to the volatility of the forex market with low-cost, fixed-risk contracts on major pairs including EUR/USD, EUR/GBP, and USD/JPY.
- Indices. Speculate on a range of global indices markets including the US 500 and FTSE 100 with predefined risk levels, and lower fees than many stock or futures brokers.
- Commodities. Access the commodity markets, including crude oil, natural gas, gold, and silver – all with fixed-risk contracts that offer a lower cost to entry than futures.
- Cryptocurrency. Trade crypto derivatives on Bitcoin and Ethereum.
Position limits
On certain markets we impose position limits that define the maximum aggregate position a member can hold under one asset class and instrument type.
How we execute trades
- Trading fee. You pay a trading fee on each side of your trade: once to open and once to close.
- Enter a trade. To enter a trade, you will be charged $1 for each contract executed.
- Exit the trade. You exit the trade in one of two ways: by placing a second, opposite trade or by letting the contract expire.
- Before expiration. If you exit the position before expiration, you’ll be charged a $1 trading fee for each lot exited.
- Settlement fee. If you hold a position until expiration and it settles in-the-money, then you’ll be charged a settlement fee of $1 per contract.
- Hold the position. If you hold the position until expiration and it closes out of the money (zero), you won't be charged a settlement fee.
