Nadex vs Fidelity

Nadex vs Fidelity Comparison Table 2023
Nadex	Fidelity
Review 4.3 Nadex is #10 in our binary options broker rankings.	Review 3.5 Fidelity is #38 in our broker rankings.
Traders from US accepted	Traders from US accepted
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.	Fidelity is a popular financial services firm that provides investment accounts and pensions with access to thousands of stocks, ETFs and mutual funds to clients based in the US, Europe and Asia. Fees vary by asset and account country, but are generally competitive, with zero-commission trading available on US stocks.
Bonus Offer
	None
Comment by Reviewer
"Users looking to trade short-term binary options with a US-regulated broker will find a good platform in Nadex."	"Fidelity is a great match for long-term investors who want an affordable platform to build their pension or investment portfolios. The SEC and FCA oversight are also good signs that the brokerage is regulated and trustworthy."
Pros
Free demo account for new users US regulated exchange with excellent trust score Proprietary mobile app with good range of indicators and charting tools Extensive educational resources for those new to binary options trading A range of timeframes that will suit both short and longer term strategies	Excellent list of stocks and funds to choose from Very competitive pricing compared to largest rivals Good list of account types to suit various types of investor Uninvested cash is automatically put into a money market fund Trusted global brand with strong regulation from SEC & FCA Tax-efficient vehicles are available including ISAs
Cons
No MT4 or MT5 platform integration No welcome bonuses or financial incentives Narrow selection of cryptocurrencies to trade Products and tools are more advanced than some alternatives	No forex or CFD trading There is no demo account Less suitable for short-term day trading Presentation of data is overly complicated No trading platform for non-US clients The $1000 minimum deposit for international clients is high
Awards
	Boring Money Best Buy 2021 – Pension Boring Money Best for Beginners Pension 2021 Boring Money Best for Beginners ISA 2021 Boring Money Best for Low - Cost Pension 2021 Online Personal Wealth Awards - Best Retirement Adviser 2021 Shares Awards 2020 - Best Execution-Only Stockbroker of the Year
Instruments
Binary Options, Knock Outs™, Call Spreads	ETFs, Mutual Funds, ISAs, Pensions, Stocks, Indices
Demo Account
Yes	No
Minimum Deposit
$250	£25
Trading Platforms
Own	Own
Payment Methods
ACH Transfer Cheque Debit Card Mastercard Visa Wire Transfer	Automated Customer Account Transfer Service Credit Card Mastercard Visa Wire Transfer
Minimum Trade
$1	£25
Regulator
CFTC	FCA, SEC
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	Yes
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
NadexGO	Fil Mobile App
Auto Trading
Yes
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Yes	None
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	Yes
Guaranteed Stop Loss
No	No
Inactivity Fee
$10
Islamic Account
No	No
Account Currencies
USD	USD GBP
Stock Exchanges
DAX GER 40 Index Dow Jones FTSE UK Index Japan Exchange Group Nasdaq S&P 500 Shenzhen Stock Exchange	London Stock Exchange Nasdaq
Commodities
Gold Natural Gas Oil Silver
Forex Trading
Speculate on 11 popular currency pairs via Knock Out contracts, call spreads and binary options. Nadex offers a wider range of timeframes than most binary options brokers, with contracts spanning from intraday to weekly.	Forex trading not offered
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
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.	Crypto trading not offered
Spread
Variable
Coins
BTC ETH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
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.	Binary options trading not offered
Payout
Exchange (See Full Review)%
Expiry Times
5 seconds - 1 week
Ladder Options
No	No
Boundary Options
Yes	No

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