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I just received this email from NADEX. I'm a Canadian trader so I guess my trading days are over...
Nadex is no longer serving Canadian members
We have valued having you as a member of the Nadex exchange. That's why it is with regret that we have to inform you that we will no longer have Canadian residents as members. We have been in communication with the Ontario Securities Commission regarding Nadex members residing in Canada and we are exploring the opportunity to establish a formal presence throughout Canada. While we explore this opportunity, we have decided to stop accepting new applications from Canadian residents and to close our existing Canadian members' accounts.
This policy change happened recently and takes effect immediately. If you have any open positions, you can exit them or let them expire. After the close of the Exchange on Friday you will not be able to deposit additional funds to your account or enter any new trades.
We will wire your funds to your primary bank account on file early next week. If you deposited via debit card and haven't finished verifying your bank account, we'll be reaching out to you. We will of course waive the wire transfer fee.
If our policy changes in the future we will be sure to let you know, but at this time, we can't say if or when that will happen. In the meantime, we wish you all the best and thank you for being a Nadex member.
The Nadex Team
Nadex Phone: 1-877-776-2339
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