B

ETX Capital

7.6/10

Nadex

3.9/10
8/10WinnerRegulation3/10
8/10WinnerFees0/10
9/10WinnerPlatforms7/10
10/10WinnerEducation & Research0/10
6/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

ETX Capital was founded in 2002 and is headquartered in UK, while Nadex was established in 2008 and is based in USA. ETX Capital holds licences including Financial Conduct Authority (FCA), while Nadex is regulated by Unregulated among others. ETX Capital serves 10,000+ clients worldwide; Nadex has 10,000+. The minimum deposit is $100 at ETX Capital and $250 at Nadex.

ETX Capital wins this category
FeatureETX CapitalNadex
Min. Deposit$100$250
RegulationFinancial Conduct Authority (FCA)Unregulated
Founded20022008
CountryUKUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between ETX Capital and Nadex, directly affecting your bottom line as a trader. ETX Capital has a lower barrier to entry with a minimum deposit of $100 (vs $250 at Nadex). Neither broker charges withdrawal fees. Nadex applies inactivity fees on dormant accounts; ETX Capital does not. Overall, ETX Capital scores higher on fees in our assessment.

ETX Capital wins this category
FeatureETX CapitalNadex
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoYes

Platforms

ETX Capital offers MT4, MT5, cTrader, while Nadex supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Nadex supports social and copy trading features, which ETX Capital does not offer. ETX Capital edges ahead on platform breadth and functionality in our scoring.

ETX Capital wins this category
FeatureETX CapitalNadex
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Mirror Trader, Binary, Tablet & Mobile appsWeb,iPad,mac,Desktop,iPhoneiOS

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how ETX Capital and Nadex compare. ETX Capital runs regular live webinars; Nadex does not. ETX Capital has a video library; Nadex does not. ETX Capital publishes daily market commentary; Nadex does not. ETX Capital integrates third-party research tools (Trading Central, Autochartist); Nadex does not. ETX Capital maintains an archive of past webinars for on-demand viewing. ETX Capital scores higher overall in education and research.

ETX Capital wins this category
FeatureETX CapitalNadex
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ETX Capital accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while Nadex supports 2 (bank transfer, credit/debit card). ETX Capital uniquely supports Neteller among the two brokers. ETX Capital scores higher on deposit and withdrawal flexibility.

ETX Capital wins this category
FeatureETX CapitalNadex
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ETX Capital and Nadex offer live chat support. Both provide phone support. Email support is available at both brokers. ETX Capital supports 7 languages and Nadex supports 2, giving ETX Capital broader global reach. Both brokers are comparable on support quality.

Tied
FeatureETX CapitalNadex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, French, Spanish, German, Polish, Czech, Greek and MandarinEnglish, and Chinese