fx global markets
Nadex
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Overview
fx global markets was founded in 2017 and is headquartered in United States, while Nadex was established in 2008 and is based in USA. fx global markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Nadex is regulated by Unregulated among others. fx global markets serves 10,000+ clients worldwide; Nadex has 10,000+. Both brokers share the same minimum deposit of $250.
| Feature | fx global markets | Nadex |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), with CIF license No. 242/14 | Unregulated |
| Founded | 2017 | 2008 |
| Country | United States | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between fx global markets and Nadex, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. fx global markets charges withdrawal fees while Nadex does not, a notable advantage for frequent withdrawers. Nadex applies inactivity fees on dormant accounts; fx global markets does not. fx global markets charges deposit fees; Nadex does not. The two brokers are broadly comparable on fee structure.
| Feature | fx global markets | Nadex |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | Yes |
Platforms
fx global markets 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. fx global markets edges ahead on platform breadth and functionality in our scoring.
| Feature | fx global markets | 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 fx global markets and Nadex compare. fx global markets runs regular live webinars; Nadex does not. fx global markets has a video library; Nadex does not. fx global markets publishes daily market commentary; Nadex does not. fx global markets integrates third-party research tools (Trading Central, Autochartist); Nadex does not. fx global markets maintains an archive of past webinars for on-demand viewing. fx global markets scores higher overall in education and research.
| Feature | fx global markets | 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. fx global markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Nadex supports 2 (bank transfer, credit/debit card). fx global markets uniquely supports PayPal and Skrill and Neteller among the two brokers. fx global markets scores higher on deposit and withdrawal flexibility.
| Feature | fx global markets | 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 fx global markets and Nadex offer live chat support. Both provide phone support. Email support is available at both brokers. fx global markets supports 8 languages and Nadex supports 2, giving fx global markets broader global reach. Both brokers are comparable on support quality.
| Feature | fx global markets | 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 |