Forex EE
Nadex
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Overview
Forex EE was founded in 2008 and is headquartered in Grenadines, while Nadex was established in 2008 and is based in USA. Forex EE holds licences including Ministry of Economic Affairs in Estonia, while Nadex is regulated by Unregulated among others. Forex EE serves 10,000+ clients worldwide; Nadex has 10,000+. The minimum deposit is $100 at Forex EE and $250 at Nadex.
| Feature | Forex EE | Nadex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Ministry of Economic Affairs in Estonia | Unregulated |
| Founded | 2008 | 2008 |
| Country | Grenadines | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Forex EE and Nadex, directly affecting your bottom line as a trader. Forex EE has a lower barrier to entry with a minimum deposit of $100 (vs $250 at Nadex). Forex EE charges withdrawal fees while Nadex does not, a notable advantage for frequent withdrawers. Nadex applies inactivity fees on dormant accounts; Forex EE does not. Overall, Forex EE scores higher on fees in our assessment.
| Feature | Forex EE | Nadex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Forex EE offers 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 Forex EE does not offer. The two brokers are closely matched on platform offering.
| Feature | Forex EE | Nadex |
|---|---|---|
| MT4 | No | 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 Forex EE and Nadex compare. Forex EE has a video library; Nadex does not. Forex EE integrates third-party research tools (Autochartist); Nadex does not. Forex EE scores higher overall in education and research.
| Feature | Forex EE | Nadex |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex EE 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 | Forex EE | 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 Forex EE 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 | Forex EE | Nadex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |