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Online CFD Trading

How would you rate Online CFD Trading?
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Romania
1 review
1 helpful vote
Follow JUAN K.
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Online CFD Trading was a highly questionable company that I was advised to invest in, which unfortunately I did. When I attempted to withdraw my funds, I was informed that I needed to make an additional deposit before I could do so. This requirement seemed illogical and unreasonable to me, as I'm sure it does to you as well. In a nutshell, Š_ P_Ä Č_ Ť_ Ě ~Ł- Ç Ã ~P Ĩ^Ť_À~ Ļcame to my rescue and helped me rec|aim my lost funds. I am now extremely grateful for their assistance.

Date of experience: November 22, 2024
Connecticut
1 review
2 helpful votes
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Guys - I'm just saying. Be cautious before you put money on NADEX. I put my hard earned money and they wont let me withdraw it. To withdraw they ask for 100 different proof for the account. Total scam

Date of experience: March 10, 2019
Texas
3 reviews
3 helpful votes
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Nadex is a fraudulent platform that lures your money away from you by telling you to invest and later deny you access once they notice the investment as started yielding profit. I was able to get my funds back through the help of stevenmiller@ consultant, com

Date of experience: March 15, 2020
Poland
2 reviews
3 helpful votes
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Avoid Nadex
March 18, 2020

Do not waste your time and money trading with these company, a lot of people including myself have lost fortunes to them. They are unregulated brokers and still getting away with peoples money so please stay away from them, if you already invested with them and having issues accessing you're funds kindly reach me on aleksandrabiel1 at outlook dot com for advice on how to retrieve your lost funds as soon as possible.

Date of experience: March 18, 2020
Georgia
1 review
1 helpful vote
Follow Tony T.
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Nadex is a rip off controlled and manipulated the big boys. It is almost impossible to win a 5 minute trade. They easily manipulate the market hover and around the strike point then move in the direction that makes them the most money in last few seconds. Nadex says you can exit early but only if you in a losing position or they fear you will win if you ar the wrong side and want save profit. You can click that button 10 times and nothing will. Then Nadex will tell you it's your computer or internet. I f are winning for sure it only takes one click to exit or losing one click. It is absolutely a scam.

Date of experience: December 1, 2022
Germany
1 review
1 helpful vote
Follow Kate D.
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I am really disappointed with the services I received from this company, I invested all my life savings and did not get my ROI back. Profound research is important fellas, i wish i had enough information about this company before i trusting them with my funds, a total sad experience. I am just happy i was eventually able to recover my lost funds through a reliable source introduced to me by a colleague who was also a victim of this scam, phil ip sank ey 1961 at tutanota com i am open to share my experience.

Date of experience: September 29, 2022
Oregon
1 review
7 helpful votes
Follow kenny o.
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I am not mad at Nadex because I lost thousands of dollars but because there were lots of complications in terms of logic and flow of work. They might not be scammer but I certainly do not recommend. It did not seem like a legitimate trading. I always thought I am dealing with logic which makes sure they do not lose but users do. You can try yourself, I would not :)

Date of experience: March 10, 2020
North Carolina
1 review
1 helpful vote
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I have been using Nadex off and on over the years. I had been trying to trade options on traditional sites, but didn't really have enough money to do so. Therefore I turned to Nadex because you can trade there with small accounts. I just finished a trade for USD/JPY above 271. It finished at 271.2. Nadex says I did not win the trade. Their excuse? A mealy-mouthed explanation which says, in effect, don't rely on the data we post as it may not be accurate. Translation: if you are going to win a trade by a close amount, we'll rip you off and justify it by claiming that the data is bad. I don't find that to be ethical nor honest. Buyer be ware and trade there at your own risk!

Date of experience: June 9, 2021
New Jersey
1 review
1 helpful vote
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Account
December 20, 2022

Nadex is an unprofessional company I've been trying to withdraw my money from my account since last spring. The hold up was me answering how much I deposited wrong. I went back on my records of statements found it. I went online they had stolen 120.00 of my deposit I tried to withdraw the rest of my balance, they then froze my account and now I have to give them my bank statements and fill out all this paperwork just to receive my money back less the 120.00 they stole. Also they only have one person that can call you and he is the only person that can speak with you. They do not have a phone number to call. DO NOT USE THIS PLATFORM.

Date of experience: December 20, 2022
Spain
3 reviews
10 helpful votes
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They look real and very serious until you gave them a try. They will ask you ton of documents to prove your identity until you get tired to do so. They suspended my withdrawals as well as my balance of $*******. Stay away from this broker because they don't allow withdrawal after you invested until I report them and got all my funds back. All thanks to gravcapital they have a good consultation and all needed to help you recover your funds a trial will convince you.

Date of experience: August 25, 2023
Nigeria
1 review
0 helpful votes
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Trading binary options with TraderVC has been a nightmare for the past couple months. After denying my request for a withdrawal countless times, I was finally able to recover all my money with the help of an expert I read about online. Happy to share my experience and also to enlighten people on how I was able to get my money back. You can reach out *******@gmail.com

Date of experience: March 9, 2019
Illinois
3 reviews
6 helpful votes
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Blocks Profits
April 26, 2021

I stop trading with them about 7 years ago because Everytime I was in profit and tried to close the trade a pop-up box would say something like "action not possible" by the time I could close I was No longer in profit. They claimed the problem was a "unique" problem with my platform/computer. I did file a complaint with the CTFC which resulted in absolutely Nothing. Back then I lost about $3,500.

Date of experience: April 26, 2021
Ohio
1 review
9 helpful votes
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Stop the Lying
July 31, 2020

Anyone who promises to "Get your money back" is a fake and will victimize you again! NADEX is the only exchange (not a broker) regulated by the US Government. You may make or lose money but you will nor be cheated. This guy is LYING.

Date of experience: July 30, 2020
Texas
13 reviews
29 helpful votes
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NADEX IS A SCAM
December 15, 2015

After trading for a short time on Nadex I realized that there are just a few strings behind the scenes holding up what amounts to a casino masquerading as a legitimate alternate options house.

The illiquidity is palpable.

Don't think they're going to make any odds that you can profit from.

I believe that Nadex is making many of the trades, not real people.

Date of experience: December 14, 2015
Ohio
1 review
1 helpful vote
Follow Scott H.
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I figured I'd give it a try since I had never traded binary options. First thing I noticed is that several of my orders didn't submit properly. I got a message saying "Order Submitted," but it didn't show up in the list of pending or filled orders. Okay? I guess I'll submit another, but the price has wildly shifted and the order gets submitted but not filled, or worse, it gets filled at an absolute $#*! price. So then you're stuck with a worthless $70 option. Even if the option expires In The Money, if the price of the contract is lower than what you paid for it (which is weird in itself) they take THAT out of your profit. So I had a winning trade that ended up losing $#*!ing money because of that. NEVER had that happen with an equity or index option. Once I accidentally BOUGHT another contract instead of closing the one I had open, because the layout of the Order Ticket is draconian... all in all, I liked the idea of FOREX at first, and I hesitate to call this a scam, but I don't see how it's legitimate at all. You can make what seems like a very solid play - taking in all the info - and then it will randomly drop - AFTER the 20 second cutoff or whatever before the option expires... you're in no man's land... you can't sell... you can't do $#*! except watch your money slowly bleed away.

$#*!ing penny stocks are more fruitful than this bull$#*!. Zero stars.

Date of experience: May 19, 2021
Ohio
1 review
3 helpful votes
Follow Nick W.
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It's obvious that trading can be profitable. But it's hard to identify tops and bottoms which is often necessary to make good money trading. Nadex offers an alternative. With Nadex binary options, you predict if a particular stock index, commodity, or forex pair will be above or below a certain price at a future date, the expiration date. If you think it will be below that price at expiration, you sell, if you think it will be above you buy. If you're right, you get the specified payout, if you are wrong you lose everything you invested. I don't agree with those that say this site is a scam. Nadex is CFTC regulated and it plainly says on the Nadex website that they don't take the other side of customer trades. Most binary options providers are not CFTC regulated and do take the other side of customer trades, which is why the binary options business gets a bad rap. Nadex also has spreads. Spreads offer the protection of a stop loss without actually stopping you out. Finally, Nadex offers a free simulated account so you can practice without putting real money on the line.

Date of experience: May 22, 2017
GB
2 reviews
1 helpful vote
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I tried so many times to withdraw my profit but couldn't it's been 1 year I keep trying but no result I gave up but I came I contact with Phoenixsouls.com they are number one in recovery. They helped me withdraw my profit and recover my funds.
They are the number one in recovery cryptocurrency and they teach you how to avoid be scammed by any other company.
Phoenixsouls.com

Date of experience: July 14, 2021
Georgia
5 reviews
1 helpful vote
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Money recovered
January 13, 2020

I was once a victim of binary scam broker I invested with them and they assured me I was going to see a positive outcome but honestly I didn't get that they kept fooling me and didn't rectify the issues of me not getting my money recovered thanks I was at the verge of giving up before I came across Steven miller at consultant, com who helped me get back my whole money I'm glad this recovery firm was able to help me recover the whole money back.

Date of experience: January 13, 2020
California
1 review
12 helpful votes
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Misleading
September 24, 2020

If you practice on the demo account you will win a lot more money you can win about $20-$30 easily, I was making about 300 a day on the demo account, so I decided to fund my live account, and realized that I was only now making 3 to 5 dollars, the demo Account is deceiving and misleading and makes you feel like you can make a lot of money but when funding my live account it is a totally different story and the payoff was not As big as the demo, Please do not fund your live account you will be greatly disappointed

Date of experience: September 24, 2020
Maryland
1 review
2 helpful votes
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Nadex Binary Options is a Scam
August 30, 2022

So after investing $200 I come to realize that Nadex is a very sophisticated Scam. A few trades settled in the money, but Nadex refused to pay saying the data was different but I have proof of it settling like I said it would via their own email to me. I think there's people and possibly bots on the back end, making sure users don't win. This is a very sophisticated casino slots like operation; where the platform is programmed to cancel orders that will be in the money, delay your strike purchase, deny you won, even though you were in the money.

Additionally, it took me 2.5 years to get an account with them. I sent utility bills, Drivers License, SS card, Apt lease etc and received a b. S. response the docs were not good enough.

2022, after being told my utility bill was not sufficient and my lease agreement wasn't signed when it clearly was, I had to ask for help via chat, because you can't get them by phone. Finally, my document was accepted and I now have an account. However, to no avail. I feel they're reluctant to new accounts because they can't handle the volume, for what they're doing.

I believe they're using people and bots to scam users and they're having trouble keeping up.

I now see complaints from 7 years ago, with the same theory. I see another complaint from someone saying exactly what I said, being in the money and the fail to pay and give an excuse. I will be complaining to the CFTC just so that these things go on the record.

After signing up, I got a call from someone at Nadex, he seemed nervous, stated I would not be able to get anyone on the phone if I tried calling, that they're undergoing a lot of "changes" at Nadex and this was my one chance to speak to a human.

So, that's it. I spent $200. Lost it through fraudulent actions taken by Nadex. I saw for myself that Nadex is a scam. Everyone, please complain to the CFTC so that we can get this on the record.

Date of experience: August 30, 2022

Overview

Online CFD Trading has a rating of 1.5 stars from 22 reviews, indicating that most customers are generally dissatisfied with their purchases. Online CFD Trading ranks 174th among Option Trading sites.

service
5
value
5
shipping
1
returns
2
quality
5