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Nadex is Assisting Traders to Evaluate the Elements of Commodities

mm by James Boley
September 2, 2019
in Business
3 min read
Home Business

The United States-based exchange, Nadex, is providing effective trading tools that are packed with advanced features. Traders of all experience levels are taking benefits of Nadex’s tools after implementing them into the trade market. Nadex is not providing brokerage services but it is a CFTC- regulated exchange.

Nadex is focusing on trading in binary option to spread them on the most popular trading commodities such as forex, stock index futures, cryptocurrency, and economic numbers. The reviews of Nadex on various platforms are helping the traders to evaluate all elements of the commodities including pricing, account, and trading. Nadex has recently launched a mobile platform, called NadexGo, for evaluating all the elements.

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It is taking a clear forward approach in the trading market and it has also started to support cryptocurrency coin traders. The traders can now join Nadex with weekly Bitcoin without having to own physical bitcoins. This move is allowing the exchange company to attract new customers to increase annual revenue. The traders are happily trading through Nadex by depositing just a $250 as an initial deposit. This is half of others’s offering. One can experience its services by opening a Nadex demo account.

Nadex was launched in 2004 and initially got popularity as “HedgeStreet”. During the initial operational period, it created an electronic marketplace that enhanced trading in financial derivatives to retail investors. In 2007, HedgeStreet closed its operation and emerged well into the trading market with the name “Nadex”. UK based IG Group Holding Plc is the owner of Nadex now, since 2009. Till now Nadex has touched every mark of the exchange and is listed on the FTSE 250. Its current headquarters are in Chicago, Illinois.

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James Boley

With an experience of two years covering the local news, James has a panache for recognizing, understanding and decoding science based news. He brings in the best news pieces for the Science/Environment section of the website.

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