RM
NADEX WON'T LET ME WITHDRAW!! (Over 7 Months Now)
NADEX WON'T LET ME WITHDRAW!! they allege they are investigating my account for wrongdoing and claim that I have not given them enough information to prove otherwise when in fact I have given more than they asked for. The information I provided clearly shows no wrongdoing. They also tried to allege that I did not respond to their request for information when I have proof that I did so in a timely manner. I DO NOT RECOMMEND NADEX!!! The Nadex demo account is also a massive FRAUD it does not behave like the live account in any way it is rigged to so that you make massive profits on the demo however it is impossible to trade the same strategy profitably on the live account.
Response from NadexFeb 5, 2021
North American Derivatives Exchange, Inc. (Nadex) is regulated by the Commodity Futures Trading Commission (CFTC) as a Designated Contract Market (DCM) or exchange. As part of its regulatory obligations Nadex is required to establish and maintain procedures that require its compliance staff to conduct investigations of possible violations of Nadex’s rules (www.nadex.com/rules). Pursuant to Nadex Rule 9.2(b), Nadex endeavors to complete any investigation within twelve months, unless there exists significant reason to extend it beyond such period. Also, Nadex Rule 3.3(a) states that each Member must cooperate promptly and fully with any Nadex investigation or request for information. While we consider the allegations from this individual unfounded, Nadex is unable to comment on the details of its open investigations.




