How Do Binary Options Work?
A binary option asks a simple yes/no question:
Will this market be above this price at this time?
If you think yes, you buy the binary option.
If you think no, you sell.
Either way, your price to buy or sell is between $0 and $100. Whatever you pay is your maximum risk. You can't lose any more.
Hold the option to expiration and if you're right, you get the full $100 and your profit is $100 minus your purchase price.
And with Nadex, you can exit before expiration to cut your losses or lock in the profits you already have.
That's pretty much how binary options work.
Turn up your speakers and follow our interactive guide
Trade Many Markets from One Account
Nadex lets you trade many of the most heavily traded financial markets, all from one account:
Stock Index Futures
The Dow®, S&P 500®, Nasdaq-100®, Russell 2000®, FTSE China A50®, Nikkei 225®, FTSE-100®, DAX®
EUR/USD, GBP/USD, USD/JPY, EUR/JPY, AUD/USD, USD/CAD, GBP/JPY, USD/CHF, EUR/GBP, AUD/JPY
Gold, Silver, Copper, Crude Oil, Natural Gas, Corn, Soybeans
Fed Funds Rate, Jobless Claims, Non-farm Payroll
Price of the TeraBit® Bitcoin Price Index
Linked Desktop & Mobile Platforms
Enter a trade on one platform and manage it from another with the security of a reliable, direct connection to the exchange.
Open With a Debit Card
Nadex is designed for individuals to trade binary options and spreads on a level playing field. That's why we have a low minimum opening balance.
Opening an account is simple and free online. Fund with a debit card and start trading in minutes.
Secure, Transparent, Regulated
Nadex is the first and largest US-based, CFTC-regulated binary options exchange.
We hold member funds in segregated accounts in top-tier US banks. Nadex operates with transparency and never takes positions in the markets or trades against members.