The Exchange was launched in offering an electronic marketplace that offered trading in financial derivatives to retail investors. HedgeStreet shut down its business in late Subsequent to the purchase, Nadex began to offer binary options similar to those already available on IG's platform.
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Products[ edit ] Nadex binary option and spread contracts span a range of underlying markets, from commodity futures and spot forex rates to economic indicators and equity index futures. Contracts are available for a wide range of strike prices with intraday, daily and weekly expirations.
Unlike many binary options providers, Nadex does not take the other side of member trades or engage in trading of any kind. Member funds are held in segregated accounts in US banks.
Trades are not done on margin and do not involve leverage. Because all trades are fully funded at the outset, Nadex does not issue margin calls.
Furthermore, no matter how far the market goes against a trader's position, the trader is not stopped out. Fees[ edit ] Members pay trading fees on each side of their trades: once to open and once to close. Nadex does not charge settlement fees on trades that settle out of the money.
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