Anyone has tried NADEX for US binary traffic?

[JohnA]

Has anyone tried to promote NADEX for US binary traffic?

They have an affiliate program now, apparently.

They pay only $50 CPA but this is for validated account registrations. People only have to register and have their accounts approved (passport, ID check etc.) and you get the CPA without a deposit.

[MrBinaryAff]

Has anyone tried to promote NADEX for US binary traffic?

They have an affiliate program now, apparently.

They pay only $50 CPA but this is for validated account registrations. People only have to register and have their accounts approved (passport, ID check etc.) and you get the CPA without a deposit.

Haven't heard anyone really. Would be glad to get answers from those who have, thus this message to subscribe to answers )

[universal4]

Paying a CPA that high, based solely on registrations and not a deposit is certainly destined to fail, and draw a LOT of CPA Frauds from a handful of affiliates.

I also see a series of complaints from affiliates in the near future claiming fraud from the affiliate program for not paying commissions due to this.

Rick
Universal4

[JohnA]

Yeah true.

On the other hand, they are a US regulated and licensed binary broker. I'm sure they have the capabilities to verify the identity of the trader before they pay out.

I'm also sure their affiliate program operates differently than most of what we know. I think as an affiliate you will have to submit proof of identity as well and would have to abide by US trading regulations. If you send fraudulent traffic it can bite you hard.

[TheSpry]

Yeah and they have a compliance department that actually approves each affiliate. I've been asked to update my verbage to come into compliance. I don't think the type of affiliate who would engage in CPA fraud will be approved to be a part of the program anyway.

[MrBinaryAff]

Yeah and they have a compliance department that actually approves each affiliate. I've been asked to update my verbage to come into compliance. I don't think the type of affiliate who would engage in CPA fraud will be approved to be a part of the program anyway.

Spoke to the NADEX guy at London Affiliate Conference and he said they will never pay for non-US citizen, as those are not allowed even to trade with NADEX. Also, they have they own levels of security and credit checks, like banks do, so that you can't fool them.

Everything is serious/strict and the model they use is very promising, sadly they can't use it in Europe or anywhere else expect USA. It will take a while to make it as regulated as they have it.

[superme]

I don't want to be so heavy regulated like USA - what for?

[JohnA]

I see more and more people promoting NADEX these days.

How's it working out? - Does it convert well? - is it worth replacing all the regular US brokers and adding NADEX instead?

[MrBinaryAff]

I see more and more people promoting NADEX these days.

How's it working out? - Does it convert well? - is it worth replacing all the regular US brokers and adding NADEX instead?

no one is going to tell you, test drive it

[TheSpry]

There is $$ to be made but it is not as much money as the offshore guys. However you don't have to put up with all the bullshit either, so it's a nice trade off. If you are in it for the longer run, it makes sense to work w/ them in my opinion. I promote them along side a couple other US friendly guys and have done OK.

[JohnA]

There is $$ to be made but it is not as much money as the offshore guys. However you don't have to put up with all the bullshit either, so it's a nice trade off. If you are in it for the longer run, it makes sense to work w/ them in my opinion. I promote them along side a couple other US friendly guys and have done OK.

They are ok with you promoting other US brokers as well beside them? I mean, unregulated brokers?

I would have assumed they would have some TOS requiring you to promote licensed US brokers only and not put them beside basically illegal brokers into your toplists.

[MrAJ]

$50 is their CPL, not CPA.
They are paying non-US affiliates as well, not sure where you got this from.
You need to play with their rules, that's true. But to be honest, I have not seen a single offshore US friendly broker that was worth the link changing and review writing process. They either don't convert, scam you or are out of business within a few months.

[KimKim]

Nadex resumed the listing of its Bitcoin contracts, after a long halt, and now it's offering Americans binary options contracts on Bitcoin prices again

[MrBinaryAff]

They are paying non-US affiliates as well, not sure where you got this from.

They can pay non-US affiliates, but your traffic should be of US citizens, right? I meant they don't pay for non-US traffic.

[MrAJ]

I have to correct myself. Nadex is painful to work with. Their managers are non responsive, CPL earnings disappear in accounts and payments may take months (for verification they say). Now they do not even reply to us.
Stay away from them. They may be the only legit US broker but they treat affiliates like the shadiest non licensed binary offshore broker there is.

[superme]

Nadex, Forex.com all got terrible response time and indeed treating affiliates like lowest scam...
Btw I hear IG takes USA traffic on some PPL deals, so might be worth it to check that out

[banjo]

Nadex and IG are same company,