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**WARNING** Never Trade with NADEX Binary Options
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Member Since Jan 12, 2014  120 posts mrtodd Feb 05 2016 at 16:41
I have traded with several companies and have never experienced such poor customer service. They are quick to take your money but I've been trying for 2 weeks to withdraw funds and they are doing everything possible not to process this transaction. They are regulated in the USA which I thought would make this easier but apparently it doesn't matter. Until I receive these funds I will consider NADEX a FRAUD.

You've gotta be in it to win it.

Member Since Sep 23, 2017  4 posts Timer2 Sep 27 2017 at 06:31
I traded with Nadex this year and had no problems with withdrawal. Binaries are tough. I lost money most of the time. The spreads are killers.


Member Since Feb 12, 2016  522 posts Baldo (BaldoN) Sep 27 2017 at 13:30
My opinion is also - avoid any Binary Broker :)


Member Since Feb 12, 2016  427 posts Tiffany (TiffanyK) Sep 28 2017 at 07:11
@Timer2 - Why you keep using this binary broker then? I cannot really understand why traders keep using the binary brokers..

Accept the loss as experience

Member Since Dec 11, 2015  1487 posts mlawson71 Sep 29 2017 at 14:29 (edited Sep 29 2017 at 14:30 )
I don’t understand the pull of binary options either. There’s too much risk involved, a lot of the brokers are scammers too. At least a lot of regulators are wizening up and are banning them altogether. Canada just did. (https://www.forexbrokerz.com/news/Canada-explicitly-bans-binary-options) Perhaps the US will too.


Member Since Sep 18, 2013  12 posts BVL FX (LordRobert) Oct 01 2017 at 06:36
I think the attraction for a Forex Trader to use Binary Options is easy to see. We look at all time frames on a regular basis and we can generally tell which way the Market might be using our tools and strategies of estimation.

I too tried Binary with a seedy Broker and while I made a large sum in profits, I was never able to recover more than my initial principal back with the help of my bank. I used a credit card to fund the account and so it was resolved as credit card fraud in the end because their intent was to defraud by online purchase. The bank gave me my principal back but I do not know if they pursued anything more.

Beware of Binary.... I've still never heard of anyone finding a reputable one to-date.


Member Since Apr 18, 2017  813 posts AniLorak Oct 01 2017 at 06:39
Almost all of Options brokers are the same! They create technical difficulties after making good amount of profit! I see, so many negative reviews about this broker.


Member Since Apr 18, 2017  590 posts AmDiab Oct 01 2017 at 06:40
I see, nowadays many Forex brokers also offer Options trading! This kind of brokers are also too dangerous!


Member Since Sep 27, 2017  5 posts Timer3 Oct 04 2017 at 07:20
TiffanyK posted:
@Timer2 - Why you keep using this binary broker then? I cannot really understand why traders keep using the binary brokers..

There is no chance of a margin call like chf and gbp events.

But I no longer trade binaries.


Member Since Feb 12, 2016  427 posts Tiffany (TiffanyK) Oct 05 2017 at 14:30
Good decision smiley

Accept the loss as experience
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