A very important factor in long-term trading success is developing a process and plan that is sustainable into the future. Trends cannot be ignored and one of the coming trends in active trading is the bypassing of brokers. “Brokers” are the middlemen of trading and in the past, the vast majority have been helpful, honorable and worth their fee, both as a service-provider and as another layer of protection for client funds. However as technology forges ahead and exchanges become more sophisticated in terms of tools at their disposal for trade reconciliation, the need for brokers lessens. With Nadex, you don’t need a broker. Money and Trade flow is more efficient with the Nadex model.
While brokers are still required to perform some transactions, you can definitely forget them If you are going to trade Binary options. Nadex is a regulated, broker-free trading environment. Nadex is NOT a broker but an actual exchange, regulated by the same agency that regulates the CME Group; The Commodity Futures Trading Commission (CFTC). You don’t need a broker to trade at Nadex, you open your account and trade directly with the exchange. This is the future. Many Exchanges are trying to move in this direction (one large Exchange recently floated a proposal to allow larger clients trade direct), as they attempt to reduce costs and safeguard client funds. Even regulated brokers are going to find the going tough, as their level of regulation is not as comprehensive as are the Exchanges’. Even large regulated brokers can act improperly and lose your money whether through misappropriation of funds or fraud; See MF Global (Read MF Global – Wikipedia) and Peregrine Financial Group (Read Peregrine Financial Group – Wikipedia).
The future is here with Nadex.