Nadex licence record
Is Nadex regulated by the CFTC / NFA?
Yes, according to our records. Nadex is matched to a licence from the Commodity Futures Trading Commission & National Futures Association (United States). Confirm it on the register before relying on it.
Search the CFTC / NFA register CFTC / NFA warnings All Nadex licences
What the CFTC / NFA licence means
According to our records, Nadex holds a licence from the Commodity Futures Trading Commission & National Futures Association (CFTC / NFA), the financial regulator for United States. We classify the CFTC / NFA as tier 1 — top-tier regulation. Strict capital, client-money and conduct rules with active enforcement; usually leverage caps and often compensation schemes.
For Nadex clients whose account is held by its CFTC / NFA-regulated entity, the key protections are: compensation — No compensation scheme for retail forex (SIPC does not cover spot FX); retail leverage — 50:1 on major FX pairs, 20:1 on other pairs; negative balance protection — not a regulatory requirement (may be offered contractually); client money — Retail forex dealers must hold high capital (US$20m+) but retail FX funds are not segregated in the same way as futures. Disputes can be taken to NFA arbitration.
Protection at a glance
- Regulator tier
- Tier 1 — Top-tier regulation
- Compensation scheme
- No compensation scheme for retail forex (SIPC does not cover spot FX)
- Retail leverage
- 50:1 on major FX pairs, 20:1 on other pairs
- Negative balance protection
- Not a regulatory requirement
- Client money
- Retail forex dealers must hold high capital (US$20m+) but retail FX funds are not segregated in the same way as futures
- Complaints
- NFA arbitration
How to verify this licence
- Open Nadex's client agreement or website footer and note the exact company name and CFTC / NFA licence number.
- Search that name or number on the official CFTC / NFA register. Check the status is current, not cancelled or suspended.
- Confirm the website domain you're using is the one listed on the register — clone firms copy genuine licence numbers.
- Search the CFTC / NFA warnings page and IOSCO I-SCAN for the brand name.
Frequently asked questions
Is Nadex regulated by the CFTC / NFA?
Our database records Nadex as holding a licence from the Commodity Futures Trading Commission & National Futures Association. Confirm the current status on the CFTC / NFA register: https://www.nfa.futures.org/BasicNet/
Does the CFTC / NFA licence protect all Nadex clients?
No. It protects clients whose account is with the specific Nadex company licensed by the CFTC / NFA. Clients onboarded to a different group entity are covered by that entity's regulator instead.
Is there a compensation scheme for Nadex clients under the CFTC / NFA?
No compensation scheme for retail forex (SIPC does not cover spot FX)
What leverage can Nadex offer under the CFTC / NFA?
50:1 on major FX pairs, 20:1 on other pairs