Nadex
the share centre
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Overview
Nadex was founded in 2008 and is headquartered in USA, while the share centre was established in 2019 and is based in Bulgaria. Nadex holds licences including Unregulated, while the share centre is regulated by Financial Conduct Authority (FCA) among others. Nadex serves 10,000+ clients worldwide; the share centre has 60,000+. Both brokers share the same minimum deposit of $250.
| Feature | Nadex | the share centre |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | Unregulated | 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-F322 |
| Founded | 2008 | 2019 |
| Country | USA | Bulgaria |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between Nadex and the share centre, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. the share centre charges withdrawal fees while Nadex does not, giving Nadex an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. the share centre charges deposit fees; Nadex does not. The two brokers are broadly comparable on fee structure.
| Feature | Nadex | the share centre |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Nadex offers MT5, cTrader, while the share centre supports MT4, 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. the share centre edges ahead on platform breadth and functionality in our scoring.
| Feature | Nadex | the share centre |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web,iPad,mac,Desktop,iPhoneiOS | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Nadex and the share centre compare. the share centre has a video library; Nadex does not. the share centre integrates third-party research tools (Autochartist); Nadex does not. the share centre scores higher overall in education and research.
| Feature | Nadex | the share centre |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Nadex accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while the share centre supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). the share centre uniquely supports PayPal and Skrill and Neteller among the two brokers. the share centre scores higher on deposit and withdrawal flexibility.
| Feature | Nadex | the share centre |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Nadex and the share centre offer live chat support. Both provide phone support. Email support is available at both brokers. Nadex supports 2 languages and the share centre supports 8, giving the share centre broader global reach. Both brokers are comparable on support quality.
| Feature | Nadex | the share centre |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |