NadexReviews of nadex.com

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 difficult and impossible. I wish I have seen reviews here before investing with this shady company.

Stop complaining here. Be good and bring your problem to chargeback organization written on my name and get a refund otherwise you will wait for it forever.

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.

There is no use in waiting for greater loss given my experience here. My profile photo is currently on the winning team!

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 disgusting company who constantly lie just to steal your money. SCAM… AVOID AT ALL COSTS. I invested £1000 in their investment plan been 4 weeks and not received my money. Every time to withdraw money they ask for some sort of payment from taxation, permits, insurance, certificates. No payment is less than 1k. Absolutely disgusting and horrible company who take pleasure in conning people. I have screenshots and emails of how disgusting Nadex and smart chain are. Now I need to recoup my money. Anyone needs any evidence please leave a comment.

It says regulated exchange but it's totally manipulated by the market makers. Market makers are allowed to control the quotes as they wish making all the odds in their favor. Spreads are $15 dollar wide, means if you go in with 5 contracts, you are immediately seeing $75 in negative. It's robbery and wouldn't recommend them at all. Financial institution verification is utterly childish and nonsense only to make the withdraws difficult.

That verification process took my money. Their customer service is nonexistent it seems. This was a waste of time and money. I would stay clear from Nadex

Nadex used to be worth trading with when they first started over 7 to 10 years ago. You used to be able to profit on the less scammy platform they started with. But definitely not anymore. I stopped trading with them as soon as I noticed them changing everything to make sure no matter what you do you'll have a 90% chance of losing. They call themselves "legitimate" but just set up the platform with a lot of shifty snakey things that will make sure you're at the high end of losing. They set up all the features like a casino to make sure the house always wins. Casinos are considered "legitimate" also lol. That just means they "legitimately" set the system up to make sure each game is in their favor. I know every single thing that they've done to "loop hole" the system in their favor but its way too many to list. Just 2 examples out of 20. The spread used to be a normal $2 or $3 many years ago so you did have a chance of profiting on trades. Just like you can with normal markets like regular stock options. Even if the currency just moves a little bit in the direction you know it will you can still make some kind of even small profit. That was a big no no to them. Since then they made it so every single currency has a HUGE $10 spread and higher!. Indices and commodities and some call spreads now have $20 spreads!. This way even when you know the direction of a currency and it starts to head to the price THEY'VE given by expiration you'll still lose by the time of expiration as long as the price does not close past the price THEY'VE chosen. And 90% of the time it definitely will not close above or below the price they've chosen to give you by expiration. That's why they only give certain prices AND times. Instead of just having a choice of full 24 hours at any price. That's just one small scammy feature out of 20 that I've noticed. Another one out of at least 20 more I noticed.. even in the beginning when I first traded with them that I thought was really weird and sketchy.. is if the market is rising or falling really fast to where you can normally obliviously profit very easily. Lets say USDJPY is in a obvious drop or rise for hours. Any market like that will all of a sudden not have ANY OPTIONS available. They will actually replace the times and prices with dashes. Not until the drop or rise is done and back to where you have a 50/50 chance. Then the options mysteriously come back for you to trade again. They do that because that puts "the house" out of favor of winning during those times. There's a whole lot of scammy features they've since created where you used to be able to sometimes profit from years ago. Before they covered all bases and all features to make sure you're now at a high chance of losing. I just listed 2 out of a lot more I really doubt anybody is profiting on this site if they are they will probably soon lose it all on the next trade