forextime
Nadex
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Overview
forextime was founded in 2011 and is headquartered in Lebanon, while Nadex was established in 2008 and is based in USA. forextime holds licences including Financial Conduct Authority (FCA), while Nadex is regulated by Unregulated among others. forextime serves 200,000+ clients worldwide; Nadex has 10,000+. Both brokers share the same minimum deposit of $250.
| Feature | forextime | Nadex |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F230 | Unregulated |
| Founded | 2011 | 2008 |
| Country | Lebanon | USA |
| Clients | 200,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between forextime and Nadex, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Neither broker charges withdrawal fees. Nadex applies inactivity fees on dormant accounts; forextime does not. forextime charges deposit fees; Nadex does not. The two brokers are broadly comparable on fee structure.
| Feature | forextime | Nadex |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
forextime 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 forextime does not offer. forextime edges ahead on platform breadth and functionality in our scoring.
| Feature | forextime | 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, ZuluTrade, Web Trader, cTrader, 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 forextime and Nadex compare. forextime runs regular live webinars; Nadex does not. forextime has a video library; Nadex does not. forextime publishes daily market commentary; Nadex does not. forextime integrates third-party research tools (Trading Central, Autochartist); Nadex does not. forextime maintains an archive of past webinars for on-demand viewing. forextime scores higher overall in education and research.
| Feature | forextime | 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. forextime accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Nadex supports 2 (bank transfer, credit/debit card). forextime uniquely supports PayPal and Skrill and Neteller among the two brokers. forextime scores higher on deposit and withdrawal flexibility.
| Feature | forextime | Nadex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both forextime and Nadex offer live chat support. Both provide phone support. Email support is available at both brokers. forextime supports 8 languages and Nadex supports 2, giving forextime broader global reach. Both brokers are comparable on support quality.
| Feature | forextime | Nadex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |