XTB vs Nadex

XTB vs Nadex Comparison Table 2023
XTB Nadex
4.8
4.3

Nadex is #10 in our binary options broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

XTB is one of the largest stock exchange-listed forex and CFD brokers in the world, offering access to over 5800 day trading markets on their xStation platform. They boast 700,000 active traders, 20 years experience and authorization from tier-one regulators, including the UK's FCA.

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.

81% of retail accounts lose money.
Promotions

Earn Cashback When You Trade At XTB

Comment by Reviewer
"XTB is a great option for beginners with a user-friendly platform, no minimum deposit and low short-term trading fees. The free education center is also a bonus, as well as the straightforward account opening process." "Users looking to trade short-term binary options with a US-regulated broker will find a good platform in Nadex."
Pros
  • Huge range of day trading markets with 5800+ instruments
  • There's a wide range of useful educational resources for beginners
  • The broker is FCA, KNF, CySEC, and IFSC-regulated
  • Reliable 24 hour support is available from Sunday to Friday
  • The broker holds multiple industry awards and is a respected brand
  • High-volume traders can access competitive cashback rebates
  • You can earn interest up to 5% on uninvested balances
  • A professional investing account is available for eligible clients
  • There are flexible account options with low spreads from 0.1 pips
  • 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
Cons
  • The broker's single platform offering is very limiting compared to alternatives
  • The instrument portfolio is limited mostly to CFDs
  • 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
Awards
  • Best Forex Broker for Beginners 2022
  • Best Customer Service 2021
  • Best Forex Broker for Low Costs 2021
  • Best Mobile App for Investing 2020
  • #1 EMEA Bloomberg spot for FX accuracy in Q2 of 2020 and Q3 of 2018
  • Best Polish Forex Broker 2019
  • Best Execution Broker 2019
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto Binary Options, Knock Outs™, Call Spreads
Demo Account
Yes Yes
Minimum Deposit
$0 $250
Trading Platforms
  • xStation
  • Own
Payment Methods
Minimum Trade
0.01 Lots $1
Regulator
FCA, CySEC, IFSC, KNF, DFSA CFTC
Margin Trading
Yes No
Margin Rate
4.5%
STP Account
Yes 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
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android & Windows NadexGO
Auto Trading
Open API Yes
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Inactivity Fee
$0 $10
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
Stock Exchanges
Commodities
CFD Trading
Trade a large suite of 2100 CFDs with ultra-fast execution speeds and 24-hour trading. You can build a diverse portfolio with access to forex, indices, commodities, cryptos, stocks and ETFs. Retail traders also get negative balance protection and zero commissions. CFD trading not offered
Leverage
1:500
FTSE Spread
0.08%
GBPUSD Spread
0.1
Oil Spread
0.03
Stocks Spread
0.2%
Forex Trading
Trade 48 currency pairs with low spreads from 0.1 pips and leverage up to 1:30 (EU) and 1:500 (Global). Micro lot trading is also available and new currency traders can make near-instant deposits with no fees. 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 App

With over 1 million downloads and a rating of 4.5*, XTB deliver a mobile trading platform that users love. Slick and reliable, the app boasts a range of extra features including advanced charts and market sentiment indicators. Download xStation by XTB here.

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
0.1 0.25 pips Var
EURUSD Spread
0.2 0.25 pips Var
EURGBP Spread
0.1 0.25 pips Var
Assets
45+ 11
Cryptocurrency
XTB offers an excellent range of crypto markets, all with competitive spreads. They also offer intra-crypto pairs such as ETH/BTC and DSH/BTC. Cryptos can be traded 24/7 in a secure environment with transparent accounts. 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
From 0.22% Variable
Coins
  • ADA
  • BTC
  • BCH
  • DSH
  • EOS
  • ETH
  • IOTA
  • LTC
  • NEO
  • XRP
  • XLM
  • TRX
  • XEM
  • XLM
  • XMR
  • DOGE
  • BNB
  • LINK
  • UNI
  • DOT
  • XTZ
  • BTC
  • ETH
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
81% of retail accounts lose money.
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