Nadex Account Types

　　Nadex offers two main types of trading accounts: the Individual Account and the Business Account.

• Individual Account (U.S. Residents)
• Minimum Deposit: $250
• Commission: Yes, commission charges apply.
• Leverage: Up to 1:40
• Spread: Floating, starting from 0.8
• Demo Account: Available for practice.
• Suitable For: Beginners and professionals interested in day trading and scalping.
• Individual Account (International Clients)
• Minimum Deposit: $250
• Commission: Yes, commission charges apply.
• Leverage: Up to 1:40
• Spread: Floating, starting from 0.8
• Demo Account: Available for practice.
• Suitable For: Beginners and professionals interested in day trading and scalping.
• Business Account
• Minimum Deposit: $350
• Commission: Commission-free.
• Leverage: Up to 1:100
• Spread: Floating, starting from 0.8
• Suitable For: Corporations and business entities.

　　Nadex also provides a free demo account with $10,000 in virtual funds for users to practice trading without risk.

　　

Nadex Broker Account Opening Process

　　Opening a Nadex trading account is a straightforward process that can be completed online in less than five minutes. The steps are as follows:

• Visit the Nadex Website: Go to the Nadex homepage.
• Select Account Opening Option: Click on the option to open an account.
• Fill in Basic Information: Provide your first name, last name, email, username, and password.
• Contact Information: Enter your residential address, state, country, and postal code.
• Additional Information: Provide your date of birth and social security number (or national identification number for international clients).
• Background Verification: Answer a series of questions for identity verification.
• Fund Your Account: Deposit the minimum required funds ($250 for individual accounts, $350 for business accounts).
• Account Approval: Your account will be approved within 2-3 working days, and you will receive login credentials via email.

　　Nadex supports various funding methods including debit card, ACH transfer (for U.S. residents), and wire transfer.

　　For more details, you can visit the following sources:

• Nadex Trading Account – Review, Types, Process, Benefits & Charges
• Nadex Account Types Reviewed ☑️ (Updated 2023)
• How do I open a Nadex account? | Nadex