hey guys -- didn't see anything on the nadex site about initial deposit requirements, account balance requirements, etc. -- any info on this? thnx
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anyone trade with www.nadex.com ?
- Thread starter increasenow
- Start date
Quote from MrPowerBallad:
hey guys -- didn't see anything on the nadex site about initial deposit requirements, account balance requirements, etc. -- any info on this? thnx
Hey Powerballad,
I am pretty sure its 100 bucks minimum. Since there is no margin involved anyways. There is no minium balance requirement afterwards either.
Quote from Boff:
wow, thanks for that example. wasn't thinking along those lines but to see if es or oil can be traded with less leverage and maybe have more flexibility on the scale-out. will check out their demo in the coming week.
Thats the thing beyond first look of the spread which is not tight and the commissions, you need to look at what you can do with little risk and could have big reward. I know this is not for everyone but it has its merits once you look at what things can be done with these thing rather then just trying to scalp. If you have any questions you can PM if you like. I have been trading these for about a year. I was doing both trading futures/forex and binaries and now strictly nadex. I personaally enjoy it, and I was a scalper and had a scalper mentalitty and shunned binaries when I first saw the spread, but then when I looked at things I could do and figured out a way to tie it in to the normal strategies I already used besides the quick in/out it made a big difference. One of the hard parts for me was going from 1/3/5 min charts to 15/30/60 min charts and waiting. But the waiting eventually allowed me to trade with less stress and more personal profit. But thats just me. I do mis scalping sometimes. But now that IG will offer nadex exchange products, I have an account with them so I can trade spot fx if I like and also trade nadex products. But to each there own.
Quote from Boff:
i hear ya. but i have put in too much into my trading to look to do something else at the moment. if i was ever in a position to branch out into other strategies, your points seem very good. looking forward to coming week and testing them out.
Good deal, enjoy, and its never bad to add a little something extra to ur trading! Have a profitable week!
bing-o...that is where I am headed...spot Forex and NADEX with IGmarkets...coolQuote from rsikit:
Thats the thing beyond first look of the spread which is not tight and the commissions, you need to look at what you can do with little risk and could have big reward. I know this is not for everyone but it has its merits once you look at what things can be done with these thing rather then just trying to scalp. If you have any questions you can PM if you like. I have been trading these for about a year. I was doing both trading futures/forex and binaries and now strictly nadex. I personaally enjoy it, and I was a scalper and had a scalper mentalitty and shunned binaries when I first saw the spread, but then when I looked at things I could do and figured out a way to tie it in to the normal strategies I already used besides the quick in/out it made a big difference. One of the hard parts for me was going from 1/3/5 min charts to 15/30/60 min charts and waiting. But the waiting eventually allowed me to trade with less stress and more personal profit. But thats just me. I do mis scalping sometimes. But now that IG will offer nadex exchange products, I have an account with them so I can trade spot fx if I like and also trade nadex products. But to each there own.