Nadex Increases Intraday Binary Contracts on FX and Index Assets

BinaryOptionsNow | Published on December 8, 2012 at 1:43 pm

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BinaryOptionsNowNadex recently announced that based on customer feedback it has decided to add more binary strikes to its forex and stock index products. The change has taken place on December 3rd. As a consequence of this change the forex options contract offered by the broker during each two hour period were increased from 3 to 9.

Likewise, the stock index Intraday Binary Contracts offered for the FTSE 100, Germany 30 and all US indices were also increased from 3 to 9. With this decision Nadex intends to offer a more attractive binary options trading portfolio to clients.

About Nadex

Nadex is a CFTC regulated financial service provider. Nadex offers professional binary options and bull spreads trading services to its clients which are mostly from the United States. The CFTC is known to be one of the strictest financial service market regulators which mean that Nadex had to pass a series of strict evaluations before it became licensed.

New traders wishing to register on Nadex have the possibility to set up a demo account first that will allow them to check out all the products and services offered by the company. The demo account will provide traders with virtual money then can use to try out every single feature provided.

Assets Provided

Nadex binary options traders have the possibility to trade on various assets such as stock indices, forex, commodities and even on events. Nadex offers a wide range of stock indices such as Wall Street 30, US 500, US Tech 100, US Smallcap 200, Germany 30 and others.

In regards to forex options, traders can choose between EUR/USD, USD/JPY, GBP/USD, EUR/JPY, AUD/USD, GBP/JPY, USD/CAD and USD/CHF. In the category of commodities traders will find assets such as gold, copper, silver, crude oil, natural gas, corn and soybeans. Many of these are not available at all at every other binary options broker.

Lastly, Nadex also offers options trading on various events such as Fed funds rate, the Jobless Claims report and the Nonfarm Payrolls report. The overwhelming majority of options brokers on the market do not offer trading possibilities on these assets.

Nadex Trading Platform

The Nadex trading platform is rather simplistic when it comes to looks but this is actually a good thing because traders’ attention won’t be distracted by flashy animations or bright colors. The platform can also be fully customized to fit traders’ needs and comes with real-time charts that allow traders to follow all the changes and latest market developments.

The Nadex trading platform can be used on mobile devices as well. This is possible though the iPhone, Android and Windows Phone 7 apps that can be downloaded and installed on traders’ mobile devices. Like the main PC app, the mobile apps are also extremely easy to use and navigate.

Safety of Funds

Based on regulations imposed by the CFTC, Nadex always keeps trader funds in segregated bank accounts. What this means is that Nadex will never use the money deposited by traders for its own purposes. The money traders deposited and haven’t spent yet will always be available in a segregated fund.

This and the fact that it offers a large selection of assets ensure that Nadex is one of the safest brokers around.

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