Warning – Nadex Investment Team
|Notice Type||Notice ID|
|FAQ & Other||989.012319|
It has come to our attention that the company, Nadex Investment Team, and/or its “employees” is soliciting and accepting funds from individuals via multiple social media outlets for purposes of trading on behalf of these clients on Nadex. Be advised that Nadex is not affiliated in any way with the Nadex Investment Team. Nadex Investment Team has not been granted permission to use the Nadex name or logo and is doing so in violation of Nadex’s intellectual property rights. Nadex does not employ, nor does it have any affiliation with, individuals or entities that may enter transactions on behalf of another person on the Exchange. On Nadex, you don’t go through a broker; rather, you become a direct member of the Exchange and execute your own orders. The only fees Nadex charges are as set forth in the Nadex Fee Schedule, available on the Nadex website.
Please note that an individual or entity who is soliciting for funds to trade on an investor’s behalf on Nadex is required to register with the Commodity Futures Trading Commission (“CFTC”), unless otherwise eligible for an exemption from registration. Registration or exempt status can be verified at nfa.futures.org/basicnet. It is in your best interest to conduct proper due diligence and research prior to investing your funds with any person or company.
For additional information on registration, or if you feel you have been the victim of a scam, please contact the National Futures Association at (800) 621-3570, or the CFTC at (866) 366-2382. Nadex also encourages you to reference the CFTC’s Avoid Fraud webpage for guidance on how to verify your financial provider’s information - https://www.cftc.gov/ConsumerProtection/FraudAwarenessPrevention/index.htm.
Should you have any questions or require further information, please contact the Compliance Department.