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As a result of hacks and promises from brokers to make traders millionaires, choosing a place to trade binary options that is regulated is increasingly important. So, is Nadex a scam?

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You can see their official website for verification. This regulation should also put traders outside the USA at ease too. Whether binaary are in the US or one of the over 40 other eligible countries — whether it be Mexico, Japan or the United Kingdom, Nadex aims to treat all consumers fairly. Nadex trading hours will be the same as the asset you are trading. This includes cboe launches credit event binary options the regular and electronic trading hours.

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From Sunday evening until the close of markets on Friday, US Eastern Time, Nadex offers trading 23 hours a day, with an hour off from 5pm to 6pm for exchange maintenance. If a particular market is closed due binarry a holiday observance, Nadex will stop trading of that market during the holiday period.

Nadex exchange reviews are quick to praise the customer service component of their offering.

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In addition, reviews show agents had a strong technical grasp of the platform and tools. Note customer support assistants are available via email or phone between Also, as a result of exchange accounting and other requirements, agents will be unavailable between On the downside, Nadex does not currently offer live chat support, although it is planning to at some point in the future. This is a drawback that is pointed out in both cboe launches credit event binary options reviews and investing forums.

This means novice traders who want instant access to customer support may want to login forex trading elsewhere.

This is a shame because competitors are continuing to increase their customer service offering, with some even facilitating live video chat. Note customer service agents cannot advise you on revenue and taxes, including any form of capital gains calculators and reporting.

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Nadex is a sensible choice for traders looking to trade binary options across numerous time frames with powerful trade tools.

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Overall then, is Nadex a good choice for binary options traders and does it compare favorably to binary options brokers? Take advantage of free education whenever it is available.

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