GO Markets vs Nadex
GO Markets | Nadex |
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3.9
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4.3
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GO Markets is an established forex and CFD broker with multiple industry awards and accolades. The ECN/STP broker is popular with budding traders, offering competitive accounts in multiple base currencies and a range of flexible payment methods. With top-tier regulation from CySEC and ASIC, GO Markets is a trusted broker. |
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. |
Bonus Offer | |
30% cash rebate | |
Comment by Reviewer | |
"GO Markets is an excellent choice for active traders with access to powerful trading tools and tight spreads from 0.0 pips. Beginners can also take advantage of the broker's copy trading tool, free demo account and education center." | "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 | |
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Cons | |
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Awards | |
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Instruments | |
CFDs, forex, indices, shares, energies, metals, cryptocurrencies | Binary Options, Knock Outs™, Call Spreads |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$200 | $250 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | $1 |
Regulator | |
ASIC, CySEC, FSC of Mauritius | CFTC |
Margin Trading | |
Yes | No |
STP Account | |
Yes | No |
ECN Account | |
Yes | No |
DMA Account | |
No | No |
MAM Account | |
Yes | No |
PAMM Account | |
Yes | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Mobile Apps | |
iOS & Android | 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. |
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Auto Trading | |
Yes | Yes |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
GO Markets uses the Myfxbook AutoTrade platform to provide investors with the option to copy other traders. Learn from profitable traders with straightforward risk management tools. | |
Social Trading | |
Yes | No |
Trade Signals | |
Yes | Yes |
VPS Hosting | |
Yes | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | $10 |
Islamic Account | |
Yes | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Access highly leveraged CFDs across forex, commodities, indices, stocks and bonds with 24/5 customer support. Build a diverse portfolio with hundreds of CFD assets. | CFD trading not offered |
Leverage | |
1:500 | |
FTSE Spread | |
1 - 2.3 points | |
GBPUSD Spread | |
0.0 - 1.5 pips | |
Oil Spread | |
Variable | |
Stocks Spread | |
Variable | |
Forex Trading | |
Speculate on popular currency pairs with flexible leverage up to 1:500 and zero-pip spreads in the GO Plus account. Commission-free trading is available with micro, mini and standard forex contract sizes. | 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. |
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GBPUSD Spread | |
0.0 - 1.5 pips | 0.25 pips Var |
EURUSD Spread | |
0.0 - 1.2 pips | 0.25 pips Var |
EURGBP Spread | |
0 - 1.4 pips | 0.25 pips Var |
Assets | |
50+ | 11 |
Cryptocurrency | |
Take positions on leading cryptos including Bitcoin, Ethereum and Ripple. Competitive spreads are available with no hidden fees and a stable trading platform. | 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 | |
Variable | Variable |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | 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 | |
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