Trading Fees

Nadex operates a competitive capped fee structure, such that the trading fee for each lot traded is $0.90 with a maximum charge of $9 per order. Settlement fees apply when a position is held until expiration and will replace the trading fees upon settlement of the position.  

These are the standard trading and settlement fees for Nadex members who joined the exchange after August 17, 2011.

Trading fees

Lots Traded Fees Per Side
Lots 1-10 $0.90 per lot (capped at $9.00)
Lots 11 and above No additional fees

You pay a trading fee on each side of your trade: once to open and once to close.

Other fees

Transaction Fee
Account setup Free
Electronic check setup and deposit Free
Electronic check Free
Wire transfer $25
Returned check $25

Settlement Fees

Lots Settled Fees
Lots 1-10 $0.90 per lot (capped at $9.00)
Lots 11 and above No additional fees

Nadex does not charge settlement fees on trades that settle out of the money.


Fee structures for market makers and other partners are available on request.

Please see Partner With Us for more.

For additional details, as well as information on transaction costs for members who joined the exchange on or before August 17, 2011, view our Nadex Fee Schedule (PDF, 357K).

Additional fees may apply under special circumstances, please see Nadex Rules for details.