Nadex MacroДid you ever wish you could wager on something like unemployment rates or other economic data? Thanks to NadexвЂ™s binary options, you can trade U.S. You can trade precious metals (gold, silver, copper), energy ( crude oil, natural gas) or agriculture (corn, soybeans). Nadex supplies traders with lots of different opportunities in commodities through binary options, call spreads and knock-outs. Nadex ForexД¬urrency trading is always a big part of derivatives markets and Nadex allows customers to trade 11 different forex pairs, including major pairs like USD/EUR, USD/JPY, EUR/JPY and EUR/GBP. For international markets, contracts can be purchased for the FTSE 100, China A50, Nikkei 225 and the German DAX. markets include the Dow Jones Industrial Average, S&P 500, NASDAQ and Russell 2000. Nadex clients can purchase contracts for a variety of U.S. You can stay in the trade longer than 1 week or close out early if you want to take profits or minimize losses. Knock-outs can also be held to expiration or sold early if neither parameter is reached, but only last 1 week at most.Д¬all spreads: Like knock-outs, call spreads ask you to set a ceiling and floor as initial trade parameters, but thereвЂ™s no fear of being knocked out of a call spread trade. This floor and ceiling function almost as a stop-loss or take-profit order. Knock-outs: Also known as touch brackets, a knock-out contract allows traders to set a weekly ceiling and floor on their trade, which will knock out the trade if reached. This either/or outcome is why theyвЂ™re called binary options. HereвЂ™s a quick rundown on what those are:Д«inary options: Contracts with only 2 possible outcomes based on a yes or no question, for example, will the price of silver be above $28 by December 2020? If held to expiration, the contract either expires out-of-the-money (OTM) and you get $0 or in-the-money (ITM) and $100 per share. Nadex offers 3 different types of trading instruments: binary options, knock outs and call spreads.

A demo account is available for anyone on the fence about signing up and plenty of platform tutorials can be accessed through the Learning Center.

Tutorials and demo account: A learning curve is expected when trading complex instruments on a new platform, but Nadex doesnвЂ™t want new clients to feel overwhelmed.

Novice traders will appreciate knowing that the person taking the other side of the contract doesnвЂ™t have a technological edge.

One universal platform: This may be a negative for experienced derivatives traders, but Nadex operates on a single browser-based platform no desktop, no mobile app.

Nadex has a 5-minute, 5-step process for signing up that will get you up and running quickly.

Easy onboarding: Signing up for a new account wonвЂ™t require 1 hour of online forms or tedious web portals.

Thankfully, Nadex does well to ease new clients into the platform and provides lots of help to get them on their feet. When it comes to binary options, you either win or lose - thereвЂ™s no in-between. You donвЂ™t need to be a 20-year veteran of the derivatives markets to open a Nadex account, but you do need to understand how these instruments work and what your own personal risk tolerance is. YouвЂ™ll get a glossary, tutorials, webinars and blog articles explaining everything from the basics to individual trading strategies and market insights.

Quality educational tools: The learning center is loaded with quality educational materials, which is a must when trading derivatives that the larger trading public is unfamiliar with.

But Nadex is regulated by the CFTC and clients can rest easy knowing that itвЂ™s in the best interest of the exchange to facilitate fair and honest trading. This of course results in all kinds of scammers and frauds joining the fray.

Trustworthy counterparties: Many traders cringe when they hear вЂњbinary optionsвЂќ because complex derivatives are often harbored in unregulated areas.

Stock indices, commodities, currencies and macroeconomic events can be bought and sold using binary options.

Wide variety of tradable markets: You canвЂ™t trade typical securities like stocks, ETFs or bonds on Nadex but you can access plenty of different markets through options contracts.

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