Nadex seeks to distance itself from “Nadex Investment Team”

Maria Nikolova

Nadex Investment Team does not have permission to use the Nadex name or logo and is doing so in violation of Nadex’s intellectual property rights.

The number of entities seeking to profit by abusing the name of regulated businesses continues to grow, and the US market is among those affected. North American Derivatives Exchange (Nadex), a subsidiary of IG Group Holdings plc (LON:IGG), has just published a warning about an entity presenting itself as “Nadex Investment Team”.

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. Nadex wishes to advise the public that Nadex is not affiliated in any way with the Nadex Investment Team.

Furthermore, 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.

The Exchange explains that, on Nadex, ones does not go through a broker; rather, one becomes a direct member of the Exchange and executes one’s own orders. The only fees Nadex charges are as set forth in the Nadex Fee Schedule, available on the Nadex website.

Finally, Nadex reminds the public 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

Nadex also encourages you to reference the CFTC’s Avoid Fraud webpage for guidance on how to verify your financial provider’s information.

Read this next

Digital Assets

Valkyrie pulls back on Ether futures merge with Bitcoin ETF

Valkyrie Funds LLC will suspend the purchase of Ether (ETH) futures contracts for its Valkyrie Bitcoin and Ether Strategy ETF (BTF.O). Additionally, the firm will unwind any positions in Ethereum that it has already acquired.  

Digital Assets

Hong Kong police arrest 18 in $1.5B billion JPEX fraud

The investigation into the JPEX crypto exchange scandal continues to unfold as Hong Kong and Macau police arrest four more individuals. These arrests, which include individuals considered “relatively close to the core” of the scandal, bring the total number of detentions to 18.

Digital Assets

Gemini tells Dutch users to withdraw assets by November 17

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, announced that it will cease providing services to customers in the Netherlands, citing regulatory requirements imposed by the country’s central bank.

Digital Assets

SEC puts BlackRock, Valkyrie, and Bitwise Bitcoin ETFs on hold

The U.S. Securities and Exchange Commission has delayed its decisions on several bitcoin exchange-traded fund (ETF) proposals, leaving many in the crypto industry feeling pessimistic for any future blessing from the agency.

Digital Assets

Ripple backs out of Fortress Trust acquisition

Ripple has decided to cancel its planned acquisition of Fortress Trust, a custodian company, less than a month after initially announcing the agreement.


France regulators blacklists 21 FX brokers, FuturBTC

France’s financial markets regulator, the Autorité des Marchés Financiers (AMF), today shed light on several unregulated forex brokers representing their offering under several brands. Notably, the AMF has identified only one crypto-assets provider in its latest warning.  

Digital Assets

Flare and Arkham Collaborate for Enhanced Decentralized Data Access

Flare’s blockchain for decentralized data acquisition integrates with Arkham’s Intelligence Platform, offering users advanced analytics and actionable on-chain insights.

Industry News

iFX EXPO International 2023 Successfully Concludes

The most talked about financial event of the year took place in Limassol, Cyprus.

Retail FX

Plus500 Forex Garners Market Attention In The Latest Expert Ranking

Securing the 58th spot in Traders Union’s Best Forex Brokers of 2023 ranking, Plus500, despite its cautionary overall score of 6.3 out of 10, stands out for its stringent regulatory compliance, user-centric WebTrader platform, and a commendable focus on account security, though it lags in providing advanced trading tools and trust management features.