Pretty interesting thanks for posting. The fee structure is is the main selling point, 1 dollar per contract, 7 dollars max per order. If it takes off this defiantly could be the preferred exchange for big lot players. For example a today's futures speculator without a seat is paying around $500 for a 100 lot Crude Oil order round turn, that would only cost $14 at NADEX. I've always thought is was somewhat ridiculous that to buy a million dollars worth of MSFT stock costs $5 or less. But to buy or sell 1000 lots ES for instance costs $5000 per round turn if you don't have a seat. It not a whole lot less if you do have a seat. Stock investors wouldn't stand for such high fees, but futures traders just swallow them.
Ok, low fees but what about the spread ? The spread could be huge, in the end you could pay a lot more...
I signed up for a demo but I can't log in. It says an unexpected error has occurred. I'll check back with this exchange in a year and it will either be gone or worth trading on.
my update on this: 1-I am trading with their demo platform...very good and real time 2-I have a real/live trading account with them...have not trade real/live with them yet 3-their products are amazing...so much to choose from. 4-great customer service when I called with many questions 5-love that you do not have to be at the 'monitor' all day when having placed a trade
Binaires that are 10-11 wide is considered amazing? $1 per contract fees to close a position? Are you for real? IGMarkets is doing cartwheels right now.