Exness
Nadex
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Overview
Exness was founded in 2008 and is headquartered in Cyprus, while Nadex was established in 2008 and is based in USA. Exness holds licences including Cyprus Securities and Exchange Commission (CySEC), while Nadex is regulated by Unregulated among others. Exness serves 10,000+ clients worldwide; Nadex has 10,000+. The minimum deposit is $1 at Exness and $250 at Nadex.
| Feature | Exness | Nadex |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt f├ó╦å┼í├é┬║r Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ├ó╦å┼í├óÔé¼┬á e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF) | Unregulated |
| Founded | 2008 | 2008 |
| Country | Cyprus | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Exness and Nadex, directly affecting your bottom line as a trader. Exness has a lower barrier to entry with a minimum deposit of $1 (vs $250 at Nadex). Neither broker charges withdrawal fees. Nadex applies inactivity fees on dormant accounts; Exness does not. Overall, Exness scores higher on fees in our assessment.
| Feature | Exness | Nadex |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Exness 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. Exness edges ahead on platform breadth and functionality in our scoring.
| Feature | Exness | Nadex |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web,iPad,mac,Desktop,iPhoneiOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Exness and Nadex compare. Exness runs regular live webinars; Nadex does not. Exness has a video library; Nadex does not. Exness publishes daily market commentary; Nadex does not. Exness integrates third-party research tools (Trading Central); Nadex does not. Exness maintains an archive of past webinars for on-demand viewing. Exness scores higher overall in education and research.
| Feature | Exness | Nadex |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Exness 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 | Exness | 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 Exness 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 | Exness | Nadex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |