Nadex App – Review, Top Features, Benefits, Set-up Process & moreLast Updated Date: Nov 19, 2022
Check out Nadex App detailed Review here.
Advanced trading makes it easy for you to implement your trading strategies and ideas with efficiency and utmost accuracy.
All the professional traders and the newer ones, search for a trading company that can offer the best of the trading services and features at economical trading fees.
This review is all about such traders who are looking forward to knowing about the financial exchange that provides the latest and progressive mobile app.
In this article, we are going to discuss one such trading company that is Nadex that is known for providing the modern trading app and great flexibility to execute trading practices the way you want and yield the desired results your way.
About Nadex App
Nadex stands for North American Derivatives Exchange. It is an online trading company based in the US that deals in short-term binary options and spreads.
This financial exchange is an auxiliary of London’s IG Group (LON: IGG).
Nadex trading platform is one of the renowned platforms for investors as it is regulated by the CFTC (Common Futures Trading Commission).
The company was founded in the year 2004 by Ian Peacock and has its headquarters in Chicago.
At the Nadex trading platform, the investors can trade in binaries and spread on stock indices, commodities, forex markets, cryptocurrency, and macroeconomic events such as weekly job claims and Fed funds rates with Nadex mobile app.
The name of the Nadex mobile app is NadexGoTM which is built with progressive Web App Technology (PWA).
The Nadex trading app comes with superior compatibility with the latest devices such as Android, iOS, Windows PC, etc.
you can also access the Nadex mobile trading app online on a web browser. Hence this Nadex trading app gives you the flexibility to trade by implementing your ideas the way you want.
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Nadex Mobile App – Top Features
Wide range of tradable markets
At the Nadex trading platform, with the Nadex mobile app, you can trade in a wide range of tradable markets including commodities, currencies, stock indices, macroeconomic events and buy and sell them using binary options.
Nadex is a dependable financial exchange regulated by CFTC (Common Futures Trading Commission) that ensures its clients of safe and secured trading.
The NadexGO app is full of educational material to assist both professional traders and traders who are not familiar with the trading industry and trading techniques.
There is a full-fledged academy of blogs, articles, webinar, glossary, audio-visual tutorials, and sessions from professional trading experts that informs about the latest trading trends of the market.
The educational tool is widely used by the new traders to learn the basics of trading and then gradually upgrade to advanced trading practices.
Also, the professionals use this educational tool to keep them updated with the latest market trends.
Home screen setup possible
The NadexGO app comes with the latest feature wherein you can set up the NadexGo mobile trading app to your home screen so that you can access it with just a click without investing extra time.
You can keep logged in on the app like other major apps to make easy and quick access to this platform.
The Nadex mobile app is for everyone as it is available for all devices including iOS, Android, and Windows PC.
If you have a smartphone, tab, or laptop, you can access the app with no hindrance. You can also access the app directly on the internet via a web browser.
Back up support
The NadexGO mobile trading app offers its users 24 hours and 5 days a week complete backup assistance.
The users can reach out to the helpdesk at any point of time out of the five weekdays and ask for assistance or get their queries resolved.
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How to Set up Nadex Trading App?
The process of setting up the Nadex mobile trading app is as easy as setting up any other mobile app.
There are a few steps that you have to follow chronologically and you will get your Nadex mobile app setup on your device.
The steps to set up Nadex mobile trading app are-
- Since the Nadex mobile app is compatible with all devices, you can choose any device to download it. Open the app store of your device; suppose if it is the apple phone then open the apple’s app store or if it is the android device then open the Google play store. Search for the NadexGo mobile trading app.
- Now click on the download button. The app is available for download on the app store free of any charges.
- Similarly, for Widows, you can download the software on your device.
- Once the App is downloaded on your device, click on the install button.
- Now agree to the terms and conditions and user agreement page to get the app installed on your device.
- Finally, you can use the login credentials and access to the mobile app to look around your account, fund your account with the initial deposit amount, and personalize it as per your requirements and implement your trading practices.
How to own Nadex Mobile Trading App?
You can add the Nadex app to your home screen to get easier and quicker access.
Now, the first step to owning the app is to register for the Nadex trading account. to open the trading account, visit the webpage of the Nadex trading platform and search for ‘open my account’.
Now click on the ‘open my account’ option and you will be moved to the page with a short form asking your basic details including your name, M.I, last name, suffix, email, username, and password. Fill in all the information with accuracy and click on the ‘next button.
The next step is to fill the application form appropriately with all the required information.
After applying, the next step is the EKYC round where you have to submit scanned copies of your documents. The documents that are required are Government ID proof, PAN card, Passport, residential proof, etc.
Lastly, make the payment of the trading fees and other brokerage charges.
After fulfilling all the steps, the broker will take 2 to 3 working days to approve your application and send you a confirmation letter on your email along with log-in credentials.
Advantages of Nadex Forex App
- The app ensures its operations as an exchange and not as a broker. So there are no misaligned incentives.
- The Nadex trading platform is regulated under CFTC that is Common Futures Trading Commission) and hence ensures full safety and security to the traders. It is open for US clients.
- The mobile has a full-fledged section of educational materials including free video tutorials, blogs, PDFs, glossary, webinars, learning courses, etc.
- It offers a wide range of binary options and spreads.
- The Nadex trading platform is nominal and involves minimal trading fees. The company follows a transparent fee structure and there is no hidden cost involved.
- Nadex does not involve any charges for instant payment methods such as debit cards.
- Nadex provides segregated accounts for clients in top-notch banks of the US.
- It provides virtual money worth $ 10,000 in its demo account to let the traders trade free and get exposure to the real forex market free of cost and free of fear.
0.25 is the lowest tick size for trading spot forex through binary options.
Nadex App – Conclusion
Nadex is known for its progressive web app. The app is built-in with advanced features and claims that it does not use the memory of the device and keeps updating automatically.
That means, every time you open the Nadex mobile app, you will get access to the latest version of the app.
The modern features of this app have made it, trader’s favorite choice for advanced trading.
Here, in this review, you will get a detailed idea of the Nadex mobile app to help you decide better whether to pick this mobile app or not.
You can check what all tradable markets it offers, what features it offers, its advantages, and many other answers to your questions.
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FAQs on Nadex Mobile App
Here is the list of FAQs related to the Nadex mobile trading app:
What is the Nadex mobile app called?
The Nadex mobile app is called the NadexGo app.
This app is also known as a progressive web app as it offers various advanced features and built-in with unique modern technology.
The app is also compatible with all devices including Android, iOS, and windows.
Does Nadex provide an iOS App?
Yes, Nadex provides an iOS app. The app is compatible with all devices including iOS, Android, and Windows PC.
If you have a smartphone, tab, laptop, iPad, or iPhone, then you can access the app with no hindrance. You can also access the app directly on the internet via a web browser.
Is Nadex Forex App Free to use?
No, the Nadex app is not free to use.
There are some specific trading fees involved with the initial deposit amount that needs to be submitted by the user at the time of registration only.
However, the charges of the Nadex trading platform are kept very nominal as compared to other competitive platforms.
How to download the Nadex App?
To download the Nadex app, open the app store of your device and search for the NadexGo mobile trading app. Now click on the download button.
The app is available for download on the app store free of any charges. Similarly, for Widows, you can download the software on your device.
Once the App is downloaded on your device, click on the install button. Now agree to the terms and conditions and user agreement page to get the app installed on your device.
Finally, you can use the login credentials and access the mobile app.
What features does Nadex App have?
The Nadex app offers various features such as Educational tools, home screen setup, a wide range of tradable markets, trustworthy counterparties, compatibility with all devices, and backup support.
Can I trade in Shares via Nadex App?
No, trading in shares is not possible via the Nadex app. But you can access a wide range of tradable markets including commodities, currencies, stock indices, macroeconomic events and buy and sell them using binary options.
Is Nadex Android App good?
The Nadex android app is certainly good because of its progressive web app feature.
It ensures automatic updating of the app and claims that it does not use the device’s memory.
Does Nadex App have EKYC Feature?
Yes, EKYC is presumed as an essential feature and the Nadex app has made it indispensable for its platform.
Does the Nadex App provide Tips?
No, the Nadex app does not provide TIPS.
How to Buy Currencies via Nadex App?
Buying currencies via the Nadex app is similar to buying any product from any of the e-commerce mobile apps.
Just select the desired currencies, enter the volume of the currency and click on the buy button to buy.
Get Free Mobile App Now! – Open Forex Trading Account
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