Trading knock-outs, also known as Touch Bracket™ contracts, gives you access to the power of high leverage and provides a built-in plan for every trade.

Get Started

Nadex Knock-Outs – The revolutionary new way to trade the markets you love.

binary options diagramWhen you trade, you know what you thrive on. You live for moving markets. You are empowered by the action and opportunities they bring. But you still want pinpoint control over risk and clear profit targets for the trades you make. This is why we created knock-outs.

Trade with confidence with a built-in plan for each trade. That way you can focus on market action. Take positions based on where you think markets are headed.

Knock-outs trading provides you:

  • Price action within a predefined range
  • A way to automatically take profits or cut losses when a floor or ceiling is hit
  • Contracts that move linearly with the underlying market
  • Control – you can pick the knock-out in a forex, commodity, or stock index market that has the right level of risk for you
  • Strategy – defined floor and ceiling on each trade provide known risk/reward boundaries and clear profit targets  
  • Effective leverage – no risk of slippage through a floor or ceiling and no calls for additional margin 

New knock-out contracts are offered each week. If the underlying index hits a floor or ceiling and the knock-out expires, a new one will be issued. With these unique contracts, Nadex offers traders even more dynamic opportunities to trade the markets they love.

Regulated by the CFTC
Thousands of contracts traded Sunday-Friday
No brokers or broker commissions


Why trade Nadex Knock-Outs?



Controlled Risk

Risk defined at the start
of the trade


Limitless Trading Opportunities

No pattern day trader rule;
trade as much as you want


Consistent Capital Requirements

It’s as easy to swing trade
as day trade


Built-in Trading Plan

Floor and ceiling provide natural
targets for both profit and loss


Small Contract Sizes

Trade the equivalent of
micro futures and mini FX


Highly Effective Leverage

Low capital requirement for potentially higher returns



Practice trading knock-outs with a Nadex demo account.


Get familiar with our platform or test new strategies – You’ve got $10,000 in practice funds waiting!

You can open a Nadex demo account with us in minutes. It’s quick, free and everything is accessible online.

After you register for a demo account, you can dig into every aspect of trading with us and learn more about the powerful environment we built for short-term traders.


How much does it cost to trade knock-out contracts?


The fees on each side of a trade is $1 per contract per order.

When the knock-out contract settles, there is a $1 settlement fee per contract. If the payout of each contract is less than $1, the settlement fee will be reduced to the amount of the total settlement payout for that position.

We worked to make our fees as simple and straightforward as we can. That’s because we are serious about letting you open an account with us in minutes, understand the costs, and start trading as soon as you are ready.


Type Total Fees
Entry or Exit Before Expiration $1 trading fee per contract
Trade Expiration $1 settlement fee per contract**

** If the per-contract settlement payout is greater than $0, but the total fee to be charged for the position exceeds the total settlement payout for that position, Nadex will reduce its fee to the amount of the total settlement payout for that position (that is, Nadex will not charge a settlement fee that exceeds a settlement payout).