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Rated 1 out of 5 stars

Company is a complete scam.. They say they are regulated when all they do especially on binary options is manipulate their price software to lose within the last 5-15 seconds where you lose by 1 micro... See more

Company replied

Rated 1 out of 5 stars

Update 10/09/23- so after reporting Nadex they blocked me from telegram, Facebook.. then randomly got in touch to say if I want my funds I need to make a further payment. Not come across a more disg... See more

Rated 1 out of 5 stars

Nadex is a rip off controlled and manipulated the big boys. It is almost impossible to win a 5 minute trade. They easily manipulate the market hover and around the strike point then move in the direct... See more

Company replied

Rated 1 out of 5 stars

You might think this company is good under regulation. Absolutely wrong, they turn out to be a shady scam, You cannot withdraw, they make all kind of excuse or rule to make withdrawal difficul... See more

Company details

  1. Stock broker
  2. Finance broker

Written by the company

North American Derivatives Exchange™ (Nadex), is the first and largest US-regulated exchange that offers a limited risk, short-term, low-cost way to trade Binary Options, Knock-outs, and Call Spreads. Access many markets including Forex, stock indices, commodities like oil, gold, and more. Your funds are secure in top U.S. banks, not offshore. Nadex is regulated and transparent and gives individual traders like you a level playing field.


Contact info

1.4

Bad

TrustScore 1.5 out of 5

217 reviews

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Hasn’t replied to negative reviews

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Rated 1 out of 5 stars

It’s pretty disturbing to see positive…

It’s pretty disturbing to see positive feedback for them, because much of it appears questionable. I wouldn’t recommend using their platform at all. If you’ve been a victim, look into ways to recover your losses (finance reimbursement (com) is worth being aware of) and continue sharing your experience to help protect others.

10 April 2026
Unprompted review
Rated 1 out of 5 stars

Biggest Scam/Red flag 🛑

🛑🛑🛑🛑🛑
My experience with nadexse.com has been extremely disappointing and concerning. After depositing funds and making trades, I attempted to withdraw my balance. At that point, the platform started requesting multiple additional and irrelevant fees that were never clearly explained beforehand.

Most concerning was their demand for an “advance tax” payment before allowing withdrawal. This tax was required to be paid upfront, separately, and directly to them, which is not how legitimate tax processes normally work. Even after questioning this, no clear legal documentation or official proof was provided.

Each time I tried to proceed with withdrawal, new fees were introduced, making it feel like an endless payment cycle with no actual access to my funds. Customer support ( senior analyst assistant Alani , Valerie , Raj Shahani and more agents )responses were vague and unhelpful, and withdrawal was never completed.

Based on my personal experience, I strongly advise others to be very cautious before depositing money on this platform. Please do thorough research and avoid sending additional payments in the hope of unlocking withdrawals.

15 December 2025
Unprompted review
Rated 1 out of 5 stars

It's incredible this scam of company

It's incredible this scam of company. I was telling this for years before and now everybody saw that this is the worst scam ever in the Forex industry. All the time the steal your money while you are generating dividents in the winning position. They simple stops your profits while the operation is still moving in profits. So, they steal all that money and your profits got stopped. This is so dishonest, untrusted and this company shouldn't be in the forex market.

13 August 2025
Unprompted review
Rated 1 out of 5 stars

Gambling with Crooks

Everything Nadex has designed is for their own profitable benefit. It's all literally a gamble from the 5min, 20min, to the knock-outs.
I have traded with them enough to know that they are the House, not the broker.
You are not trading with them; you are gambling with them.

30 April 2025
Unprompted review
Rated 1 out of 5 stars

Wrong choice

I made the wrong choice o͏f͏ b͏r͏o͏k͏e͏r͏ w͏i͏t͏h͏ N͏a͏d͏e͏x͏. T͏h͏e͏y͏ a͏l͏m͏o͏s͏t͏ r͏u͏i͏n͏e͏d͏ m͏y͏ f͏i͏n͏a͏n͏c͏i͏a͏l͏ l͏i͏f͏e͏ w͏i͏t͏h͏ t͏h͏e͏i͏r͏ b͏a͏d͏ t͏r͏a͏d͏i͏n͏g͏ p͏r͏a͏c͏t͏i͏s͏e͏. C͏o͏u͏l͏d͏ n͏o͏t͏ w͏i͏t͏h͏d͏r͏a͏w͏ f͏o͏r͏ a͏l͏m͏o͏s͏t͏ a͏ y͏e͏a͏r͏ u͏n͏t͏i͏l͏l͏ i͏ i͏n͏v͏o͏l͏v͏e͏d͏ s͏o͏t͏ᥱri͏ gᥙa͏r͏d͏ a͏n͏d͏ t͏h͏e͏y͏ g͏o͏t͏ m͏y͏ m͏o͏n͏e͏y͏ o͏u͏t͏.

13 April 2025
Unprompted review
Rated 1 out of 5 stars

This Scam Almost Took my precious life

This scam almost made me turn a lunatic.
I was lied to, manipulated, and pressured into depositing more money, only to have my account “restricted” when I tried to withdraw. I was in shock, but after some research, I found the name on my header, who assured me that my case wasn’t hopeless. They went after the scammers aggressively, and within a month, I got my entire investment back!

8 March 2025
Unprompted review
Rated 1 out of 5 stars

Don't trade here.

Don't trade here.. I lost alot of money trading here.. their binary level is next to impossible to pass in the timeframe expiration.. you will lose more money then u win.. you make 100 trade and maybe u only win 5 trade.. that's how bad it is... Stay away ...this company lost credibility to me when they was sold over to Crypto which is a shady company in my opinion ..

5 February 2025
Unprompted review
Rated 1 out of 5 stars

ACCOUNT SUPPORT

Good luck if you are trying to get customer support. They like to send you into hopeless loop and just wait for you to exhaust yourself asking for help. You may as well trade vanilla options with a real broker like Shwab. You will at least get customer service.

18 February 2025
Unprompted review
Rated 1 out of 5 stars

Horrible platform

Horrible platform. Not easy to use. Better apps out there. Horrible customer service. No phone only email/chat.

Small fees per transaction that get you stuck with small amounts of crypto that when you close account, you end up losing your change.

21 October 2024
Unprompted review
Rated 1 out of 5 stars

Trash

Trash, stay away if you want to make money. The way these people calculate price, they throw some mumbo jumbo on their website of how they calculate ticks. It's insane not worth it, don't waste you time. I would say legal scam at best.

9 July 2024
Unprompted review
Rated 1 out of 5 stars

Nadex is a scam

Nadex is a scam. They don't like to pay out. They make up rules not to give you a payout. And will block you and close your account if you make a fuss. Their account glitches and freezes right before expiry when you are winning. When the expiry is over the glitch stops, and miraculously the option expired against you, though the move is not reflected on the charts. Do use these crooks. And their customer service sucks. They hate to help you once they get you money in their bank.

10 November 2023
Unprompted review

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