NDAX Review 2026

Logo NDAX
Top Brokers Overview — United States
How we tested NDAX

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Pros & Cons

  • variety of cryptocurrency-to-cryptocurrency pairs;
  • the Canadian dollar is traded with almost all cryptocurrencies and coins;
  • high transaction speeds for trades, deposits, and withdrawals;
  • high level of platform security provided by multi-level encryption;
  • fixed trading commissions of 0.2% don’t depend on the trading volume and other factors;
  • there are no deposit fees; withdrawal fees are low and fixed and don’t depend on the withdrawal amount;
  • integrated OTC trading service and institutional account solutions;
  • instant crypto function for the free transfer of cryptocurrencies, coins, and fiats between exchange clients.
  • no investment solutions;
  • there are no solutions for novice traders (for example, demo accounts).

The Canadian NDAX exchange is a cross-functional trading platform for cryptocurrency and coins. You can find here pairs with Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), Ripple, Cardano, and other assets. Only the Canadian dollar represents fiats. The website has a standard trading terminal, an API, an OTC trading service, and a three-level referral program. Moreover, trading fees are fixed at 0.2% and don’t depend on trading volumes. There are no demo accounts and no minimum deposit. The exchange is positioned as one of the most stable and fastest in the region. Transactions are quick, and all transfers with the participation of cryptocurrencies are carried out instantly, while transfers with the Canadian dollar take no more than 1 business day for deposits and withdrawals. The website is officially registered, and its license is valid.

TU Expert Verdict

Editor at Cryptocurrency & Blockchain Department

NDAX demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

NDAX is a cryptocurrency exchange offering 30 cryptocurrencies, CAD pairs, and web and mobile platforms. It is authorized in Canada and requires identity verification, with security measures that include cold storage and two-factor authentication. TradingView charts are integrated into its apps, and its fixed spot commission is 0.2% for makers and takers, with no deposit fee. The exchange also offers OTC services for large transactions and staking.

Notable drawbacks include a limited asset selection, no futures, copy trading, or yield farming, and no demo account. Bank cards and PayPal are unavailable, while customer support lacks phone and email channels. NDAX may suit Canadian users seeking straightforward cryptocurrency-to-CAD transactions, but users who prioritize broader markets, investment tools, or more payment and support options may prefer another exchange.

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NDAX User Reviews

Score:
The administration of the website shall not be liable for the accuracy of the reviews and does not have the technical ability to check the reviews for accuracy, as well as establish whether the authors of the reviews are indeed the customers of a specific company.
7 /10
21 total
  • 5-star
    24%
  • 4-star
    38%
  • 3-star
    19%
  • 2-star
    0%
  • 1-star
    19%
zohairawan
1 year ago

One of the convenient features of the NDAX exchange is the instant exchange of crypto-currencies - you can quickly transfer coins, tokens and even currencies between platform users. And what's particularly nice is that transfers within the system are free. That's handy if you work in a team or interact frequently with other traders. However, you should bear in mind that there are no investment solutions on the platform. Neither steaking, nor passive income programs, nor copy-trading are offered here. It's all about active trading and fast transactions.

L'une des caractéristiques pratiques de la bourse NDAX est l'échange instantané de crypto-monnaies - vous pouvez rapidement transférer des pièces, des jetons et même des devises entre les utilisateurs de la plateforme. Et ce qui est particulièrement agréable, c'est que les transferts au sein du système sont gratuits. C'est pratique si vous travaillez en équipe ou si vous interagissez souvent avec d'autres traders. Tout se passe sans délai, en quelques clics.
Cependant, vous devez tenir compte du fait qu'il n'y a pas de solutions d'investissement sur la plateforme. Ni le steaking, ni les programmes de revenus passifs, ni le copy-trading ne sont proposés ici. Tout est axé sur le trading actif et les transactions rapides.

kings4ril
1 year ago

The ndax platform is primarily aimed at experienced market players. There are no demo accounts or other solutions to help beginners adapt and try their hand without risk. This is a major drawback, especially if you're just starting out and want to understand the mechanics of trading before entering the market, but for those who are already into the subject, the platform offers some really advanced features. The integrated OTC trading service allows you to trade directly, without going through the order books of conventional exchanges - which is handy for working with high volumes or non-standard assets. There are also solutions for institutional accounts, with more sophisticated management tools and extended execution conditions.

La plateforme ndax s'adresse avant tout aux acteurs expérimentés du marché. Il n'y a pas de comptes de démonstration ou d'autres solutions qui aideraient les débutants à s'adapter et à s'essayer sans risque. Il s'agit d'un inconvénient important, surtout si vous débutez et que vous souhaitez comprendre les mécanismes du trading avant d'entrer sur le marché.
Mais pour ceux qui sont déjà dans le sujet, la plateforme offre des fonctionnalités vraiment avancées. Le service de négociation de gré à gré intégré vous permet d'effectuer des transactions directement, sans passer par les carnets d'ordres des bourses classiques - ce qui est pratique pour travailler avec des volumes importants ou des actifs non standard. Il existe également des solutions pour les comptes institutionnels, qui utilisent des outils de gestion plus sophistiqués et des conditions d'exécution étendues.

DouglasRok
3 years ago

There are problems with the withdrawal of money! Input - please, but output - no. I encountered this after trading with this company for 3 months. I requested a withdrawal of 2000 dollars, and now I have been waiting for 4 weeks. You can't do that, guys! People trust you and you...

  • NDAX Commissions and Fees

    Score:
    This category evaluates trading costs and the transparency of deposit and withdrawal charges according to the Methodology. It covers spot and futures trading fees, P2P exchange costs, deposit/withdrawal fees, and tiered fee structures. The assessment ensures that fees are competitive and clearly disclosed, avoiding hidden or excessive costs. Each factor is scored based on defined criteria, contributing to the overall rating.
    5.5 /10

    NDAX received a 5.5/10 score for its trading fees. While NDAX is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.

    • No deposit fee
    • Spot fee above industry average

    What are NDAX trading fees?

    We analyzed NDAX’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.

    NDAX trading fees vs competitors

    NDAX Nexus Trade CoinMetro Industry average Based on the evaluation of over 100 leading crypto exchanges
    Spot, maker fee (%) Maker fees are charged when liquidity is added to the order book. This occurs by placing a limit order below the current market price for buy orders, or above the market price for sell orders. 0.2 0.22 0.1 0.15
    Spot, taker fee (%) Taker fees are charged when liquidity is removed from the order book. This typically happens when a trade is executed at the market price. 0.2 0.22 0.2 0.194

    What are NDAX deposit and withdrawal fees?

    Deposit fee, % Important! Even if an exchange does not charge fees for deposits and withdrawals, there can also be fees from the payment system or cryptocurrency network used by the user. For example, the network fee for USDT TRC20 is typically around $1. 0
    Withdrawal fee, % 0.000149 BTC 25 CAD - Fiat

    Does NDAX offer P2P trading?

    Yes, NDAX offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.
    NDAX P2P Fees
    NDAX MaiCoin MAX BTSE
    P2P maker fee (%) 0,2 0,1 0,01
    P2P taker fee (%) 0,2 0,15 0,05
  • Regulation and Safety

    Score:
    Our evaluation encompasses several key factors, including government regulation, two-factor authentication (2FA), cold wallet storage of client assets, investor protection funds, KYC protocol adherence, year of foundation, and history of security breaches. Read more in our Methodology
    10 /10

    NDAX has earned a rating of 10/10, demonstrating strong security and regulatory compliance. This score suggests that the exchange is generally reliable and offers a solid level of protection for users.

    • Tier-1 regulation
    • No successful hacks history
    • Investor protection fund
    • Cold wallet storage
    • Facial recognition
    • Government-regulated
    • Not U.S regulated

    We also compared NDAX against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.

    NDAX Security Factors
    NDAX Coinbase Kraken
    Tier-1 regulation
    Yes
    Yes
    Yes
    Government-regulated
    Yes
    Yes
    Yes
    Investor protection fund Provides compensation to users in case of financial loss due to unforeseen circumstances on the platform.
    Yes
    Yes
    No
    2FA
    Yes
    Yes
    Yes
    Facial recognition
    Yes
    No
    No
    Cold wallet storage The majority of user funds are held offline, reducing vulnerability to online attacks.
    Yes
    Yes
    Yes
    Successful hacker attacks We review publicly available information on past security breaches to assess the exchange's security track record.
    No
    Yes
    No

    Is NDAX a regulated crypto exchange? Regulation is crucial for the security and legitimacy of a cryptocurrency exchange. We assess the exchange’s regulatory status and its impact on platform reliability.

    NDAX is regulated by a Tier-1 financial authority (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or another jurisdictions with strict financial oversight). This ensures strong investor protection, compliance with stringent operational standards, and enhanced security for users trading on the platform.

    NDAX is authorized or licensed in accordance with local regulations in the following regions: Canada.

    Is verification (KYC) mandatory at NDAX?

    Yes, KYC verification is mandatory at NDAX. You will need to complete the verification process before you can open an account and access the platform's full range of services.

    Is NDAX available in the USA?

    NDAX is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.

    You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Coinbase, Kraken, OKX .

  • Deposit and Withdrawal

    Score:
    We evaluated the deposit and withdrawal experience, considering several key factors such as the range of available methods, transaction processing speed, minimum deposit requirements, and associated fees. Read more in our Methodology.
    5 /10

    NDAX received a 5/10 rating for its deposit and withdrawal services. While NDAX covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.

    • No deposit fees
    • Bank transfers for deposits and withdrawals
    • Many cryptocurrencies for deposits and withdrawals
    • P2P for flexible transfers
    • No support for bank card payments
    • No PayPal option
    • Withdrawal fee applies

    Deposit and withdrawal options

    NDAX supports the following deposit and withdrawal options: Bank transfers, Crypto.

    NDAX Deposit and withdrawal options vs competitors

    NDAX Coinbase Kraken
    Bank transfers
    Yes
    Yes
    Yes
    Bank card
    No
    Yes
    Yes
    Crypto
    Yes
    Yes
    Yes
    PayPal
    No
    Yes
    Yes

    What is NDAX minimum deposit?

    The minimum deposit at NDAX is 100 USD/USDT or 1 BTC. The minimum trade size is 10 USD/USDT, which also serves as the minimum amount required to start trading on the platform.

    NDAX minimum deposit vs competitors

    NDAX Coinbase Kraken
    Minimum deposit, USD or USDT 100 10 10
    Minimum deposit, BTC 1 1 1
    Minimum trade amount, USD/USDT 10 2 1

    Does NDAX support fiat money?

    NDAX supports fiat currency trading and account funding. The following fiat currencies are accepted: USD.

  • Supported Coins & Markets

    Score:
    Evaluates the range of available cryptocurrencies, fiat currencies, and markets, as well as investment tools like staking, farming, and other yield options. Read more in the Methodology section.
    2.5 /10

    NDAX received a score of 2.5/10 in this category, indicating a modest offering of assets and markets. While NDAX covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.

    • Fiat currencies supported
    • Staking available
    • Only 30 supported coins
    • Prediction markets are not supported

    NDAX supported coins and markets vs competitors

    We compared NDAX with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.

    NDAX Coinbase Kraken
    Supported coins 30 400+ 400+
    Futures/Perpetual contracts
    No
    Yes
    Yes
    Options
    No
    No
    No
    NFTs
    No
    Yes
    Yes
    Tokenized Assets Digital tokens representing real-world assets, such as stocks, bonds, commodities, or real estate.
    No
    Yes
    Yes
    TradFi Perps Perpetual futures contracts linked to traditional financial assets, such as stocks, indices, or commodities.
    No
    Yes
    Yes
    Prediction Markets Markets where users trade contracts based on the outcomes of future events.
    No
    No
    No
    Other Assets
    No
    Pre-IPO Forex, IPO

    NDAX passive income options vs competitors

    We also compared NDAX with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.

    NDAX Coinbase Kraken
    Staking
    Yes
    Yes
    Yes
    Yield farming
    No
    Yes
    Yes
    Copy trading
    No
    No
    Yes
  • Trading Apps & Tools

    Score:
    This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn more in our Methodology.
    8 /10

    NDAX received a score of 8/10 for its trading apps and tools. Its mobile platforms are highly rated on both iOS and Android, delivering smooth performance, advanced charting capabilities, and real-time market data.

    • Mobile indicators allowed
    • Positive user feedback on the iOS app
    • Android app score 4.7
    • Fast and secure login with Face ID
    • No trading bots for traders
    • No standalone desktop access
    • No access to Copy Trading

    Trading apps

    NDAX provides web and mobile apps for both Android and iOS users, with an average rating of 4.7 on the App Store and 4.7 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the NDAX platform is for mobile use.

    NDAX Coinbase Kraken
    2FA
    Yes
    Yes
    Yes
    Face ID
    Yes
    No
    No
    Mob Indicators
    Yes
    Yes
    Yes
    Alerts
    No
    Yes
    Yes
    Advanced Orders These are specialized trading features that give users more precise control over how trades are executed. Examples include Stop-Limit, Trailing Stop, and OCO (One Cancels the Other). These tools may only be available on the web version of the platform.
    Yes
    Yes
    Yes
    Trading with bots
    No
    No
    No
    API
    Yes
    Yes
    Yes
    Extra trading platforms These refer to third-party platforms supported by the crypto exchange in addition to its own proprietary system.
    No
    No
    No

    Does NDAX offer a desktop app?

    No, NDAX does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.

    Does NDAX offer advanced charting with TradingView integration?

    Yes, NDAX offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.

  • Customer Support

    Score:
    We evaluated Customer Support at NDAX based on the availability of live chat, email, phone support, ticket systems, help center resources, 24/7 assistance, multilingual support, and response time. Our assessment focuses on support accessibility and responsiveness. Learn the assessment criteria
    3.7 /10

    NDAX provides below-average customer support, with noticeable limitations in communication channels, service availability, or additional assistance resources.

    During TU testing, the exchange received a relatively low score for support accessibility and responsiveness. Users may face difficulties obtaining timely assistance with account access, deposits, withdrawals, or trading-related issues.

    • Multilingual customer support
    • Comprehensive help center available
    • Live chat support available
    • Email support unavailable
    • Phone support unavailable

    NDAX Support Channels vs Competitors

    NDAX Coinbase Kraken
    Live Chat
    Yes
    Yes
    Yes
    Email Support
    No
    No
    No
    Phone Support
    No
    No
    No
    Ticket System
    Yes
    Yes
    Yes
    24/7 Support
    Yes
    Yes
    Yes
    Help Center / FAQ
    Yes
    Yes
    Yes
    Multilingual Support
    Yes
    Yes
    Yes
    Contacts
    Foundation date 2017
    Registration address 250 2 Street Southwest Suite 1820, Calgary, AB T2P 0C1
    Official site https://ndax.io/
    Contacts support@ndax.io 1-833-727-NDAX (6329)

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OKX
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Spot fee rate, Maker fee
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Crypto.com
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8 /10
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FAQs

How safe and regulated is the NDAX cryptocurrency exchange?

NDAX has a safety score of 10/10, reflecting strong security measures and regulatory compliance. The exchange is government-regulated in Canada with Tier-1 regulation, uses cold wallet storage, 2FA, facial recognition, and maintains an investor protection fund, and it reports no history of successful hacker attacks, although it is not U.S. regulated.

What deposit and withdrawal methods and limits does NDAX offer?

NDAX supports deposits and withdrawals via bank transfers and cryptocurrencies, with no deposit fees but a withdrawal fee applied. The minimum deposit is 100 USD/USDT or 1 BTC, and the minimum trade size is 10 USD/USDT; USD is available for fiat funding and trading.

What do user reviews and ratings say about NDAX?

NDAX has a user satisfaction score of 7/10 based on 21 reviews, with 24% of users giving 5 stars and 38% giving 4 stars. Based on available user reviews, 19% of ratings are 3 stars, 19% are 1 star, and there are no 2-star ratings, indicating that user opinions are mixed but lean positive overall.

Which coins and markets are available on NDAX?

NDAX offers trading in 30 supported coins and provides access to fiat currencies, including USD, for trading, deposits, and withdrawals. The exchange focuses on spot markets with staking available, while products such as futures, perpetual contracts, options, NFTs, tokenized assets, TradFi perpetuals, prediction markets, yield farming, and copy trading are not offered.

What customer support options does NDAX provide?

NDAX has a customer support score of 3.7/10, indicating below-average accessibility and responsiveness during testing. Support is available 24/7 via live chat and a ticket system, with a multilingual help center/FAQ, while phone and email support are not provided.

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