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3.0 8 Complaints
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Nadex complaints 8

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Nadex Paid my balance of $572 almost a month ago and they aren't seeing my payments

Paid my balance of $572 almost a month ago and they aren't seeing my payments. Called many time and no emails back.

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J. Jacobson
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This company is complete fraud.. They manipulate their pricing software.. They state they are regulated but every fraudulent binary option company as well overseas state they are regulated as well and has either gone out of business or has fraudulently hurt the consumer even more..

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C. Kuhlman
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I bought 7 contracts at $74/each of the US SmallCap 2000 chain expiring at 2:20 PM EST with a strike price of 2229.4. The contracts expired in the money and I did not receive a payout. The chart clearly shows that the closing price was 2229.434, so they expired in the money. I have contacted Nadex's customer support with all of the supporting information and I have yet to receive a response. They literally stole my money. I demand a refund of my initial investment of $518 (7 74), plus my profit for being in the money $[protected] 7) minus the fees of $14, totaling $686 back into my account. The date of this transaction was Monday April 12th. The order ID is *** I have attached screenshots showing the closing in the money price of 2229.434 as well as my order number and contracts traded as stated above.

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Nadex This company is complete fraud

This company is complete fraud.. They manipulate their pricing software.. They state they are regulated but every fraudulent binary option company as well overseas state they are regulated as well and has either gone out of business or has fraudulently hurt the consumer even more..

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F. Gleichner
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I can't withdraw my money $412.50 from my account. They want verify my debit card, but my checking account was closed 2 years ago (that debit card doesn't exist). Bank has my statement only in branch in Vermont. I am living in Washington State that why I can't go and take statement from that branch. Branch refused to send this statement because they don't have recorded line. Nadex didn't want verify card when they were getting money, but now they refused to give me my money. I verified all information, but I didn't receive anything. Nadex stays that their policy like this. I asked that why they didn't verify before I paid them? They sad they will take all money and don't care about verification (they have policy like this).

A
A
A. Nicolas
,
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This company advertise open your account in less than 5 minutes to trade binary options as well as advertisements all over the internet. Once my account was opened and after sustaining a history of losses, this company upon discovering that I had a background from the past decided to freeze my account and subsequently harass me with all kinds of invasive questions including my username and passwords for my social media accounts, my bank statements as well as other privacy infringements. It is certainly not worth the hassle of the "easy" money they claim you can make in the binary options market. False advertisements, lure, bucket shop and strong arm.

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Nadex Had fraudulent chargebacks against my brokerage account

Had fraudulent chargebacks against my brokerage account. Left my account in negative. Was told if I paid deficit I would have hold on my account removed. Charge was valid, so had bank close dispute. Paid deficit, but told the money would take possibly months to be cleared by processor and authorization given to payments Dept to credit my account. Would like to know why re crediting my account after bank notification takes so long and is there any way to expedite process? Thank you.

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Is Nadex legit?

Our conclusion: After careful review, ComplaintsBoard concludes that Nadex has trust issues, raising doubts about their legitimacy. We highly recommend being cautious and doing some research before engaging with Nadex. If you have had a negative experience with Nadex, let ComplaintsBoard know by filing a complaint.

Nadex earns a trustworthiness rating of 21%

Assess your risks. Protect your personal information when dealing with Nadex.

Nadex protects their ownership data, a common and legal practice. However, from our perspective, this lack of transparency can impede trust and accountability, which are essential for establishing a credible and respected business entity.

We have received reports that the website associated with Nadex is selling fake products. If you are considering purchasing products from this website, it's important to do additional research, verify the website's legitimacy, and consider contacting the manufacturer to determine the authenticity of the products.

Complaints Board has received reports that the website may be a possible fraud. To protect yourself, consider using a different website. If you find that the website is indeed fraudulent, report them to us, to help protect other consumers.

We have identified high risk financial services or content on Nadex's website. It is recommended that you use trusted sources and do your due diligence before engaging with any offers or services.

We conducted a search on social media and found several negative reviews related to Nadex. These reviews may indicate issues with the company's products, services, or customer support. It is important to thoroughly research the company and its offerings before making any purchases to avoid any potential risks.

However ComplaintsBoard has detected that:

  • We found clear and detailed contact information for Nadex. The company provides a physical address, 3 phone numbers, and 2 emails, as well as 4 social media accounts. This demonstrates a commitment to customer service and transparency, which is a positive sign for building trust with customers.
  • The age of Nadex's domain suggests that they have had sufficient time to establish a reputation as a reliable source of information and services. This can provide reassurance to potential customers seeking quality products or services.
  • Nadex.com has a valid SSL certificate, while Scammers can obtain a valid SSL certificate by using fake information or by using a stolen or hijacked domain. In some cases, they may even use a certificate issued to another legitimate website.
  • We looked up Nadex and found that the website is receiving a high amount of traffic. This could be a sign of a popular and trustworthy website, but it is still important to exercise caution and verify the legitimacy of the site before sharing any personal or financial information
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Nadex Company refuses to allow you to withdraw you money without verification yet will gladly take your money no questions asked

Company refuses to allow you to withdraw you money without verification yet will gladly take your money no questions asked. The card in question no longer exist and the account is long since closed in another state. They make it as hard as possible to retrieve your money in order to rob you. Plain and simple. The business is a complete scam and the representatives use bully tactics to keep you from continuing to question them on their policies. If they made it as simple to withdraw your money as they do to deposit it I would have no problem with the company or its platform. My advice stay away unless you want to be robbed.

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Nadex This company advertise open your account in less than 5 minutes to trade binary options as well as advertisements all over the internet

This company advertise open your account in less than 5 minutes to trade binary options as well as advertisements all over the internet. Once my account was opened and after sustaining a history of losses, this company upon discovering that I had a background from the past decided to freeze my account and subsequently harass me with all kinds of invasive questions including my username and passwords for my social media accounts, my bank statements as well as other privacy infringements. It is certainly not worth the hassle of the "easy" money they claim you can make in the binary options market. False advertisements, lure, bucket shop and strong arm.

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Nadex I can't withdraw my money $412.50 from my account

I can't withdraw my money $412.50 from my account. They want verify my debit card, but my checking account was closed 2 years ago (that debit card doesn't exist). Bank has my statement only in branch in Vermont. I am living in Washington State that why I can't go and take statement from that branch. Branch refused to send this statement because they don't have recorded line. Nadex didn't want verify card when they were getting money, but now they refused to give me my money. I verified all information, but I didn't receive anything. Nadex stays that their policy like this. I asked that why they didn't verify before I paid them? They sad they will take all money and don't care about verification (they have policy like this).

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Nadex I bought 7 contracts at $74/each of the US SmallCap 2000 chain expiring at 2:20 PM EST with a strike price of 2229.4

I bought 7 contracts at $74/each of the US SmallCap 2000 chain expiring at 2:20 PM EST with a strike price of 2229.4. The contracts expired in the money and I did not receive a payout. The chart clearly shows that the closing price was 2229.434, so they expired in the money. I have contacted Nadex's customer support with all of the supporting information and I have yet to receive a response. They literally stole my money. I demand a refund of my initial investment of $518 (7 74), plus my profit for being in the money $[protected] 7) minus the fees of $14, totaling $686 back into my account. The date of this transaction was Monday April 12th. The order ID is *** I have attached screenshots showing the closing in the money price of 2229.434 as well as my order number and contracts traded as stated above.

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Nadex This company is refusing to allow me to withdraw over $1,000 that I have sitting in my account

This company is refusing to allow me to withdraw over $1,000 that I have sitting in my account. This company is operating a massive SCAM, where they let you fund your trading account without any problems, but when you want to withdraw money from your account, they won't allow it. They are claiming that I need to send them a verified debit card account statement from THREE YEARS AGO that shows the specific transaction where I first deposited funds into my Nadex account. I have told them that I no longer have this debit card, and that I canceled it years ago. Again, they are asking for a bank statement showing a single card transaction from THREE YEARS AGO. I already have a verified bank account attached to my Nadex account. But that doesn't matter, because this company is simply running a SCAM. They let you deposit money, but they won't let you withdraw it. I plan on suing the company if this matter isn't resolved this week. They are violating a host of federal and state securities and other laws.

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About Nadex

Nadex (North American Derivatives Exchange) is a reputable binary options trading platform based in the United States. It offers its clients an innovative and user-friendly online trading platform for both binary options and spreads trading in not only the US but also various other global markets. Nadex is regulated by the Commodity Futures Trading Commission (CFTC) which is responsible for overseeing and regulating the futures and options trading industry in the US.

With Nadex, traders have the opportunity to trade on a variety of markets and instruments, including stock indices, forex, commodities, and events. The platform also provides a wide range of options contracts, all with varying expiration times and strike prices, giving traders the flexibility to choose the option that works best for their particular trading strategies. Moreover, Nadex offers transparent pricing and a minimum trading capital of $250, which is relatively small compared to other online trading platforms.

One of the most attractive features of Nadex is its commitment to customer education. The platform provides a wealth of resources for traders, including webinars, video tutorials, trading strategies, and market research. Nadex also offers a demo account for traders to practice using the platform and test their trading strategies before investing real money.

In summary, Nadex is an excellent platform for binary options traders, offering a wide range of markets and instruments, transparent pricing, and access to valuable educational resources. As a regulated exchange in the US, Nadex provides a secure and reliable trading environment, which ensures fair trading practices for its clients.

Overview of Nadex complaint handling

Nadex reviews first appeared on Complaints Board on Apr 22, 2023. The latest review Paid my balance of $572 almost a month ago and they aren't seeing my payments was posted on May 7, 2023. The latest complaint Paid my balance of $572 almost a month ago and they aren't seeing my payments was resolved on May 07, 2023. Nadex has an average consumer rating of 3 stars from 8 reviews. Nadex has resolved 4 complaints.
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  1. Nadex contacts

  2. Nadex phone numbers
    +1 (312) 884-0100
    +1 (312) 884-0100
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    +1 (312) 884-0927
    +1 (312) 884-0927
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    +1 (312) 884-0161
    +1 (312) 884-0161
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  3. Nadex emails
  4. Nadex address
    200 W Jackson Blvd Ste 1400, Chicago, Illinois, 60606-6929, United States
  5. Nadex social media
Nadex Category
Nadex is related to the Commodities and Futures Trading category.

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