Transaction Costs
These are the standard trading and settlement fees for Nadex customers who joined the exchange after August 17, 2011.
For additional details, as well as information on transaction costs for customers who joined the exchange on or before August 17, 2011, view our Nadex Fee Schedule (PDF, 357K).
Trading fees
You pay a trading fee on each side of your trade: once to open and once to close.
The fee for each lot reduces with increasing trade size.
| Lots | Fee per lot per side |
|---|---|
| Lots 1 to 10 | $0.90 |
| Lots 11 to 20 | $0.60 |
| Lots 21 to 50 | $0.40 |
| Lots 51 and above | $0.25 |
Other fees
| Transaction | Fee |
|---|---|
| Account setup | Free |
| Electronic check setup and deposit | Free |
| Electronic check | Free |
| Wire transfer | $25 |
| Returned check | $25 |
Settlement Fees
Nadex does not charge settlement fees on trades that settle out of the money.
The fee for each lot reduces with increasing position size.
| Lots |
Fee per lot |
|---|---|
| Lots 1 to 10 | $0.90 |
| Lots 11 to 20 | $0.60 |
| Lots 21 to 50 | $0.40 |
| Lots 51 and above | $0.25 |
Additional fees may apply under special circumstances, please see Nadex Rules for details.
Partners
Fee structures for market makers and other partners are available on request.
Please see Partner With Us for more.
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