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What is Nadex?

The North American Derivatives Exchangeâ„¢ (Nadex) is recognized as the premier U.S. exchange dedicated to binary options, call spreads, and knock-outs, offering secure and innovative avenues for engaging in the market. Under the regulation of the Commodity Futures Trading Commission (CFTC), customer funds are securely held in segregated accounts at reputable U.S. banking institutions. Traders can efficiently capitalize on short-term fluctuations in forex, stock indices, and commodities. By becoming a member of Nadex, individuals gain access to a variety of markets and a continuous stream of short-term trading opportunities. Each week, more than 10,000 contracts, which encompass hourly, daily, and weekly options, are traded across both desktop and mobile platforms for five days straight. Nadex functions as a regulated financial exchange, facilitating transactions between buyers and sellers without maintaining any market positions itself. Based in Chicago, Nadex is part of the North American division of IG Group (LON: IGG), a global financial services company listed in the FTSE 250, which had a market capitalization approaching $3.75 billion as of October 2020. This dedication to fostering a transparent trading atmosphere not only enhances the trading experience but also solidifies Nadex's standing in the financial sector. Consequently, traders can rely on Nadex for a trustworthy and efficient trading environment.

What is Cronika?

Cronika is an intuitive trading platform created to bring clarity and simplicity to financial trading, while ensuring users maintain full control over their investments. With apps available for iOS, Android, Windows (both x64 and x32), and Mac, it allows users to trade effortlessly from any device, at any time. The platform features risk management tools such as trade closure at predefined profit or loss thresholds and negative balance protection that caps losses to protect traders. Supporting multiple local payment methods like UPI, IMPS, JazzCash, NEFT, RTGS, and EasyPaisa, Cronika facilitates fast and easy withdrawals tailored to user preferences. Its user experience is designed to be beginner-friendly, with onboarding walkthroughs, real-time notifications, and support for answering frequently asked questions. Traders appreciate its transparent fee model, which keeps costs predictable and fair. Trusted by a global community of trading enthusiasts, Cronika offers a smooth and reliable trading experience, making it an excellent choice for both new and experienced users. The platform continuously updates users with timely information about trade closings, promotions, and tournaments, helping them stay engaged and informed. Users are reminded to understand the inherent risks of trading and to review the platform’s terms and risk disclosures carefully. Ultimately, Cronika empowers users to take control of their financial future through a clear, accessible, and secure trading environment.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$1 trading fee per contract
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Nadex

Date Founded

2011

Company Location

United States

Company Website

www.nadex.com

Company Facts

Organization Name

Cronika

Company Website

cronika.com

Categories and Features

Categories and Features

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