The lack of conflict of interest is apparent.Victor should have done some homework before writing this piece. Nadex is NOT the sole legal binary options exchange in the US as stated above. The Cantor Exchange is also a CFTC regulated binary options exchange in the US AND offers a much easier platform to trade on, in my opinion. I trade on both. In addition, IG Group, the parent company of Nadex, is the primary market maker on their exchange thus they ARE taking the other side of the trade the majority of the time. I admit, Doyen and Group One have begun to make markets on a few select offerings but IG Group is still and will always be the primary market maker on Nadex. This is also why Nadex fills 90 of their participants trades at the participants price almost immediately. IG Group is most likely taking the other side hence the immediate fill. Victor really should have asked Nadex how often IG Group is the other side of a trade and compare those results to how often Nadex traders trade against each other. Cantor Exchange, on-the-other hand, ONLY matches buyer and seller and NEVER takes the other side of a trade as you would think a true, CFTC regulated exchange should. Cantor Exchange pricing comes from the exchange participants directly and not Cantor which is almost the complete opposite of Nadex. I ask you, Victor, which US binary options exchange is the most transparent and fair to their traders Your statement The company (Nadex) is not taking the other side of the trade and is delivering the most transparent product available on the binary options market today is completely inaccurate and false. Ive come to expect more from ForexMagnates. Usually, the articles stimulate thought. Reading an article that is clearly an advertising piece for one firm is VERY disappointing.this is a platform review and I state nowhere that there is no other exchange offerings out there. My intention was to say that Nadex was the first one, this is why Im starting with them. As you might have noticed the offering is compared with offshore brokers which are offering their services illegally. As for Cantor, this will be a theme for another article which is coming soon as they launch their new solution to the market. The binary options market in the US is largely under wraps, the idea of the series of articles which are incoming is to present what are alternatives to unregulated offshore brokers, which are soliciting clients in the U.S. despite this constituting a violation of the law. The new Cantor solution is a very interesting subject as is the NYSE ByRDs. Anyway, thanks for sharing your thoughts on this.Finance Magnates is a global B2B provider of multi-asset trading news, research and events with special focus on electronic trading, banking, and investing.Copyright 2015 Finance Magnates Ltd. All rights reserved. For more information, read our terms and conditionsFor U.S based residents that would like to trade binary options with a regulated binary broker, the only way to go is Nadex. Nadex is the acronym for the North American Derivatives Exchange. Although Nadex is technically a binaries exchange (Designated Contract Market) for derivatives, it functions more like a binary options broker. Nadex is regulated by the Commodity Futures Trading Commission (CFTC) and in fact is one of a handful of binary options brokers that is authorized to market their services to U.S based clients. No overseas-based brokers are currently licensed by the U.S regulatory authorities to solicit business in the U.S.Nadexs trading platform works pretty much the same as most web-based binary trading platforms with some differences. Traders have direct market access (DMA) and the bid and offer prices are openly displayed. The trading platform actually works quite well. Trading orders are executed with speed and efficiency. Nevertheless, in our opinion this platform is more suited for experienced traders who already know what they are doing. Beginners might find the whole process of trading intimidating in terms of the way the platform is setup. Nevertheless, one thing we love about Nadex trading platform are the Charts. The Charts are quite comprehensive and are packed with tools and options. Prices are also streamed in real time giving a trader an up to date view of the market.The average payout which traders can get at Nadex is around 75. For out-of-the-money trades, there is no mention of any rebates. Traders should take note that there are fees payable for each trade made. Each contract filled will cost you at least 0.90 per side. The maximum amount payable is 9 per side. For wire transfer and returned checks, there is a25 fee. Because of all these associated fees and charges, Nadex is more suited for the experienced or professional trader.Although Nadex is technically an exchange, access to Nadex services is still easy. Retail traders are made welcome with the low minimum initial deposit and provision of a flexible robust trading platform. The best thing about Nadex is the fact that they are regulated by CFTC and is fully compliance with U.S securities laws. There is just no other binary brokers around to deal with if you are a U.S based trader.It is an uncontestable fact that any trader who trades on the NADEX or Cantor Exchange platform must understand these strategies, and exactly what situations would warrant playing one strategy over another. The goal of this article is to demystify these strategies and enable traders understand exactly when to use these strategies. We now take our time to explore these strategies one after the other. The strategies to be covered here are the core strategies. Other more exotic strategies will be covered in a subsequent article.The in-the-money binary options strategy is a trend-following approach.
