Below are the standard trading and settlement fees for Nadex Members. For additional details, view our fee schedule.
Binary option contracts
| Type | Total Fees |
|---|---|
| Entry or exit before expiration | $1 trading fee per contract |
| Trade expiration (in-the-money) | $1 settlement fee per contract |
| Trade expiration (out-of-the-money) | No settlement fee |
Call spread and knock-out contracts
| Type | Total Fees |
|---|---|
| Entry or exit before expiration | $1 trading fee per contract |
| Trade expiration | $1 settlement fee per contract* |
Transaction information
| Type | Total fees |
|---|---|
| Returned deposit/Chargeback | $25 |
| Wire withdrawal | $25 |
| ACH withdrawal | Free |
| Account setup | Free |
| Deposits | Free |
| Debit card withdrawal | Free |
*Nadex will not charge a settlement fee which exceeds your total settlement payout for a position held until expiration. For example, if your position settles in-the-money at expiration, but your settlement payout is only $0.50, Nadex would charge $0.50 instead of $1.00 in fees.
Additional fees may apply under special circumstances, please see Nadex rules for details.
How we execute trades
Trading fee
You pay a trading fee on each side of your trade: once to open and once to close.
Enter a trade
To enter a trade, you will be charged $1 for each contract executed.
Exit the trade
You exit the trade in one of two ways: by placing a second, opposite trade or by letting the contract expire.
Before expiration
If you exit the position before expiration, you’ll be charged a $1 trading fee for each lot exited.
Settlement fee
If you hold a position until expiration and it settles in-the-money, then you’ll be charged a settlement fee of $1 per contract.
Hold the position
If you hold the position until expiration and it closes out of the money (zero), you won't be charged a settlement fee.
