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Nadex Scam Summary. 1  Nadex is not a scam. 2  It offers a financial derivative which allows you to profit online. 3  Nonetheless, this derivative is not the one most commonly known as binary options. 4  Although they carry the same name, Nadex binary options are a totally different tool.
Nadex originally was known as âHedgeStreetâ and was based in San Mateo, California. The Exchange was launched in 2004 offering an electronic marketplace that offered trading in financial derivatives to retail investors.