Nadex
XGLOBAL Markets
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Overview
Nadex was founded in 2008 and is headquartered in USA, while XGLOBAL Markets was established in 2008 and is based in Cyprus. Nadex holds licences including Unregulated, while XGLOBAL Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Nadex serves 10,000+ clients worldwide; XGLOBAL Markets has 10,000+. The minimum deposit is $250 at Nadex and $500 at XGLOBAL Markets.
| Feature | Nadex | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $250 | $500 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2008 | 2008 |
| Country | USA | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Nadex and XGLOBAL Markets, directly affecting your bottom line as a trader. Nadex has a lower barrier to entry with a minimum deposit of $250 (vs $500 at XGLOBAL Markets). XGLOBAL Markets charges withdrawal fees while Nadex does not, giving Nadex an edge for frequent withdrawers. Nadex applies inactivity fees on dormant accounts; XGLOBAL Markets does not. XGLOBAL Markets charges deposit fees; Nadex does not. The two brokers are broadly comparable on fee structure.
| Feature | Nadex | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $250 | $500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | No |
Platforms
Nadex offers MT5, cTrader, while XGLOBAL Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Nadex supports social and copy trading features, which XGLOBAL Markets does not offer. XGLOBAL Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Nadex | XGLOBAL Markets |
|---|---|---|
| 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 | Desktop,iOS,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Nadex and XGLOBAL Markets compare. XGLOBAL Markets has a video library; Nadex does not. XGLOBAL Markets integrates third-party research tools (Autochartist); Nadex does not. XGLOBAL Markets scores higher overall in education and research.
| Feature | Nadex | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Nadex | XGLOBAL Markets |
|---|---|---|
| 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 Nadex and XGLOBAL Markets 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 | Nadex | XGLOBAL Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |