Awesome Miner vs Nadex

Awesome Miner vs Nadex Comparison Table 2024
Awesome Miner Nadex
2

Awesome Miner is #30 in our crypto broker rankings.

4.3

Nadex is #8 in our binary options broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

Awesome Miner is a sophisticated crypto mining platform with a range of advanced features, compatibility with many different pools and a huge list of mineable tokens. The company behind the program is Swedish-based IntelliBreeze Software AB, which launched in 2012.

Nadex is a renowned exchange and binary options provider, based in the US. The company is fully regulated by the CFTC and offers options, call spreads and Knock Out contracts. Nadex also has just a $1 entry or exit fee and a user-friendly platform and proprietary app.

Comment by Reviewer
"Awesome Miner is a good option if you need the infrastructure for significant mining operations. The web interface and low minimum investment also makes the platform very accessible." "Nadex maintains its position as a top binary options exchange in the US, with robust licensing, competitive fees and a bespoke, feature-rich charting platform. The $10,000 free demo account and range of educational resources make it a particularly good pick for beginners."
Pros
  • Optimisation for the Antminer L3+ firmware is available, offering up to 40% higher performance on the Antminer S17 ASIC
  • Sophisticated features including native overclocking to profit switching, monitoring and multi-user access
  • A HTTP API can be used to monitor mining activities from an external application, providing flexibility
  • The Remote Agent package enables the Managed Miner concept on a remote computer
  • Few will run mining operations larger than this platform can handle
  • You can choose from a monthly or yearly subscription
  • The broker's flagship terminal offers a decent range of charting features, including 25+ indicators and 20 drawing tools
  • There's a range of timeframes, from ticks to hours, that will suit both short and longer term strategies
  • Good educational resources are available in the Blog for those new to binary options trading
  • There's a free demo account for new users, with $10,000 virtual cash
  • Nadex maintains a high trust score thanks to its CFTC regulation
Cons
  • Weak regulatory oversight with low trust and safety score
  • It takes time to get familiar with all the features and tools
  • Limited customer support through forums and email
  • Some reports of slow processing
  • There are limited payment methods supported compared to other brokers, with only transfers, checks and debit cards available
  • There is only a single platform option, with no third-party software like MT4 or MT5
  • The range of markets is very narrow, including 11 currency pairs and only 8 cryptos
  • Nadex doesn't offer any rebate schemes or perks for active trading
Instruments
Crypto Mining Binary Options, Knock Outs™, Call Spreads
Demo Account
No Yes
Minimum Deposit
$0 $250
Trading Platforms
  • Own
  • Own
Payment Methods
Minimum Trade
N/A $1
Regulator
N/A CFTC
Margin Trading
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
N/A NadexGO
App Review

NadexGO allows trading whenever, wherever, and however traders want. Specializing in short term trading, the mobile app needs to offer quick response times, and certainly delivers. It is also reliable and secure, ensuring traders can trade with confidence on the move. NadexGo is a rock solid trading app.

Auto Trading
Yes
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10
Islamic Account
No No
Account Currencies
  • USD
Stock Exchanges
Commodities
Forex Trading
Forex trading not offered Speculate on 11 popular currency pairs via Knock Out contracts, call spreads and binary options. Nadex continues to offer a wider range of timeframes than most binary options brokers, with contracts spanning from intraday to weekly.
Forex App

NadexGO allows trading whenever, wherever, and however traders want. Specializing in short term trading, the mobile app needs to offer quick response times, and certainly delivers. It is also reliable and secure, ensuring traders can trade with confidence on the move. NadexGo is a rock solid trading app.

GBPUSD Spread
0.25 pips Var
EURUSD Spread
0.25 pips Var
EURGBP Spread
0.25 pips Var
Assets
11
Cryptocurrency
Awesome Miner is a user-friendly solution for managing mining operations. There is up to 200,000 ASIC miners and 25,000 GPU/CPU miners with a choice of payment options. You can get started with the solution in a couple of minutes. Nadex offers a limited list of cryptos with just Bitcoin and Ethereum. Traders can go long or short though with straightforward binary options contracts that mean you don't need to own the underlying token.
Spread
NA Variable
Coins
  • BTC
  • ETH
Crypto Lending
No No
Crypto Mining
Yes No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered Nadex offers real-time market action with short-term binary options trading. The range of markets is strong with just a $1 fixed fee per side, per contract. Nadex also offers ultra-short term binaries that expire after 5 seconds.
Payout
Exchange (See Full Review)%
Expiry Times
5 seconds - 1 week
Ladder Options
No No
Boundary Options
No Yes
More Comparisons
Awesome Miner
vs
Nadex
vs