B

Nadex

3.9/10

Ustocktrade

7.4/10
3/10RegulationWinner6/10
0/10FeesWinner10/10
7/10PlatformsTied7/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Nadex was founded in 2008 and is headquartered in USA, while Ustocktrade was established in 2008 and is based in United States. Nadex holds licences including Unregulated, while Ustocktrade is regulated by Securities and Exchange Commission (SEC) among others. Nadex serves 10,000+ clients worldwide; Ustocktrade has 10,000+. The minimum deposit is $250 at Nadex and $0 at Ustocktrade.

Ustocktrade wins this category
FeatureNadexUstocktrade
Min. Deposit$250$0
RegulationUnregulatedSecurities and Exchange Commission (SEC)
Founded20082008
CountryUSAUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Nadex and Ustocktrade, directly affecting your bottom line as a trader. Ustocktrade has a lower barrier to entry with a minimum deposit of $0 (vs $250 at Nadex). Neither broker charges withdrawal fees. Nadex applies inactivity fees on dormant accounts; Ustocktrade does not. Overall, Ustocktrade scores higher on fees in our assessment.

Ustocktrade wins this category
FeatureNadexUstocktrade
Min. Deposit$250$0
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Nadex offers MT5, cTrader, while Ustocktrade supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Nadex supports social and copy trading features, which Ustocktrade does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureNadexUstocktrade
MT4NoNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsWeb,iPad,mac,Desktop,iPhoneiOSDesktop,Android,iPhone/iPad,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Nadex and Ustocktrade compare. Ustocktrade runs regular live webinars; Nadex does not. Ustocktrade has a video library; Nadex does not. Ustocktrade publishes daily market commentary; Nadex does not. Ustocktrade integrates third-party research tools (Trading Central, Autochartist); Nadex does not. Ustocktrade maintains an archive of past webinars for on-demand viewing. Ustocktrade scores higher overall in education and research.

Ustocktrade wins this category
FeatureNadexUstocktrade
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

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 Ustocktrade supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureNadexUstocktrade
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Nadex and Ustocktrade 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.

Tied
FeatureNadexUstocktrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese