NADEX Spreads are an interesting and new way for binary options trading. Spreads have already predetermined highest and lowest points where a trade can settle, which makes them more appealing and less risky.
NADEX spreads are defined as “short-term contracts based on an underlying market, which makes them suitable for hedging against movements in that market”. Traders who opt for spreads can trade stocks, forex and commodities. All spreads are listed on the left side of the trading platform.
Every spread has the floor and ceiling level as a part of their name, for example, EURUSD 1.3000-1.3250 (3 PM). The trader has to buy or sell prevailing bid or offer price. The most important thing is that the price will never go lower than 1.3000 or higher than 1.3250. The price will be somewhere in the range. Spreads are offering high leverage and hedging opportunities but also, many other benefits.
While trading with spreads, the risk always limited, and the positions that can be taken are highly leveraged. Traders can place more trades every day, and enjoy binary trading on a whole new level. Spreads are a great innovation that will definitely improve the trading experience on NADEX exchange as NADEX spreads are rarely seen somewhere else.
Binary options signals are often used by traders in order to maximize their profits. Signals are considered to be trading recommendations provided by specialists and experts after careful market analysis. Signals used for binary trading are containing asset, expiry date, and direction so they are considered to be a full solution for successful binary options trading. Still, experienced traders will always recommend never to rely on signals completely.
NADEX supports the same approach, so their users cannot count on NADEX signals. This binary exchange doesn’t provide this service, as they believe that traders must be aware of market movements and never use instant solutions.
Instead of signals, NADEX provides a great number of educational materials that can be used by traders to improve their knowledge in binary options trading. Traders with good knowledge can check signals provided by other signal providers before using them for their trading strategy. No matter, how correct signals are, and are there even available, NADEX traders must accept the fact that proper education always surpasses solutions done by someone else. The Proper analysis must never be underestimated when it comes to financial investments.
NADEX API Connection
Many traders are interested in NADEX API connection. API connection is by definition routine or protocol used for creating a software application. In the case of NADEX, API connection is used for automated trading. This type of trading is available only for traders who are located in the United States of America, and traders outside it cannot trade automatically on NADEX platform.
Traders who want to trade NADEX API connection must take several fees into concern. Automated trading by trading members carries $1.50 fee per contract for both sides. Settlements are charged $1, while cancellations or out-of-the-money trades are not charged with any fees. Placing trades are not charged additionally.
NADEX How to Make Money
Binary options are known to be an interesting way for traders to make investments in financial markets. They are easy to understand and trade, as they are very user-friendly. Traders must make a decision whether the price of an asset will go up or down in certain time-frame.
Just like in every aspect of life, traders have to put some effort into binary trading in order to make a significant profit. Even though they seem to be easy, one must never forget that binary options are connected to financial markets that can be considered the most dynamic aspect of finances.
This means that traders must frequently follow news regarding financial assets and markets in order to make money while trading on NADEX. Choosing the right strategy and proper analysis is also of highest significance. NADEX trading platform has many tools and charts available that can help traders make better predictions if they use them properly. Also, NADEX lowered the risk in the very beginning, by excluding the riskiest binary options types from the list of options available.
Proper money management, asset allocation and good strategies implemented upon well-executed analysis will help every trader achieve better results. Also, keep in mind that NADEX has several promotions that can make trading more interesting, like additional trading days without any fees attached.
Trading with NADEX is a pleasant experience as this exchange platform is regulated by CFTC. This provides additional security to traders who don’t want to get scammed by unethical brokers.Your capital is at risk