Bridges Financial Services
Nadex
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Overview
Bridges Financial Services was founded in 2014 and is headquartered in Australia, while Nadex was established in 2008 and is based in USA. Bridges Financial Services holds licences including ABN 60 003 474 977, while Nadex is regulated by Unregulated among others. Bridges Financial Services serves 10,000+ clients worldwide; Nadex has 10,000+. The minimum deposit is $100 at Bridges Financial Services and $250 at Nadex.
| Feature | Bridges Financial Services | Nadex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | ABN 60 003 474 977, AFSL No. 240837 | Unregulated |
| Founded | 2014 | 2008 |
| Country | Australia | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bridges Financial Services and Nadex, directly affecting your bottom line as a trader. Bridges Financial Services has a lower barrier to entry with a minimum deposit of $100 (vs $250 at Nadex). Bridges Financial Services charges withdrawal fees while Nadex does not, a notable advantage for frequent withdrawers. Nadex applies inactivity fees on dormant accounts; Bridges Financial Services does not. Bridges Financial Services charges deposit fees; Nadex does not. Overall, Bridges Financial Services scores higher on fees in our assessment.
| Feature | Bridges Financial Services | Nadex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
Bridges Financial Services offers MT4, MT5, cTrader, while Nadex supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Bridges Financial Services edges ahead on platform breadth and functionality in our scoring.
| Feature | Bridges Financial Services | Nadex |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | Web,iPad,mac,Desktop,iPhoneiOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bridges Financial Services and Nadex compare. Bridges Financial Services runs regular live webinars; Nadex does not. Bridges Financial Services has a video library; Nadex does not. Bridges Financial Services publishes daily market commentary; Nadex does not. Bridges Financial Services integrates third-party research tools (Trading Central, Autochartist); Nadex does not. Bridges Financial Services maintains an archive of past webinars for on-demand viewing. Bridges Financial Services scores higher overall in education and research.
| Feature | Bridges Financial Services | Nadex |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bridges Financial Services accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Nadex supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Bridges Financial Services | Nadex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bridges Financial Services and Nadex offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Bridges Financial Services | Nadex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |