FxPro
Nadex
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Overview
FxPro was founded in 2006 and is headquartered in UK, while Nadex was established in 2008 and is based in USA. FxPro holds licences including Financial Conduct Authority (FCA), while Nadex is regulated by Unregulated among others. FxPro serves 10,000+ clients worldwide; Nadex has 10,000+. The minimum deposit is $100 at FxPro and $250 at Nadex.
| Feature | FxPro | Nadex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA) | Unregulated |
| Founded | 2006 | 2008 |
| Country | UK | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FxPro and Nadex, directly affecting your bottom line as a trader. FxPro has a lower barrier to entry with a minimum deposit of $100 (vs $250 at Nadex). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, FxPro scores higher on fees in our assessment.
| Feature | FxPro | Nadex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
FxPro 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. FxPro edges ahead on platform breadth and functionality in our scoring.
| Feature | FxPro | 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, 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 FxPro and Nadex compare. FxPro runs regular live webinars; Nadex does not. FxPro has a video library; Nadex does not. FxPro publishes daily market commentary; Nadex does not. FxPro integrates third-party research tools (Trading Central); Nadex does not. FxPro maintains an archive of past webinars for on-demand viewing. FxPro scores higher overall in education and research.
| Feature | FxPro | 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. FxPro accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Nadex supports 2 (bank transfer, credit/debit card). FxPro uniquely supports PayPal and Skrill and Neteller among the two brokers. FxPro scores higher on deposit and withdrawal flexibility.
| Feature | FxPro | 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 FxPro and Nadex offer live chat support. Both provide phone support. Email support is available at both brokers. FxPro supports 15 languages and Nadex supports 2, giving FxPro broader global reach. Both brokers are comparable on support quality.
| Feature | FxPro | Nadex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, and Vietnamese | English, and Chinese |