Interactive Investor
Nadex
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Overview
Interactive Investor was founded in 1995 and is headquartered in UK, while Nadex was established in 2008 and is based in USA. Interactive Investor holds licences including Financial Conduct Authority (FCA), while Nadex is regulated by Unregulated among others. Interactive Investor serves 10,000+ clients worldwide; Nadex has 10,000+. The minimum deposit is $1 at Interactive Investor and $250 at Nadex.
| Feature | Interactive Investor | Nadex |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 1995 | 2008 |
| Country | UK | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Interactive Investor and Nadex, directly affecting your bottom line as a trader. Interactive Investor has a lower barrier to entry with a minimum deposit of $1 (vs $250 at Nadex). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Interactive Investor scores higher on fees in our assessment.
| Feature | Interactive Investor | Nadex |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Interactive Investor 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. Interactive Investor edges ahead on platform breadth and functionality in our scoring.
| Feature | Interactive Investor | Nadex |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web Trader, ProTrader, 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 Interactive Investor and Nadex compare. Interactive Investor has a video library; Nadex does not. Interactive Investor integrates third-party research tools (Autochartist); Nadex does not. Interactive Investor scores higher overall in education and research.
| Feature | Interactive Investor | 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. Interactive Investor 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 | Interactive Investor | 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 Interactive Investor 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 | Interactive Investor | Nadex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |