NDAX Review 2026
Learn more about TU’s methodology
- $1
- TradingView
- Variety of cryptocurrencies and coins, only the Canadian dollar as fiat, a three-level referral program with payments to both parties, no investment programs, trading commissions do not depend on the trading volume
Our Evaluation of NDAX
Learn more about TU’s methodology
NDAX is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.72 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by NDAX clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
The NDAX exchange is among the largest Canadian intermediaries. It has been working stably and progressively for years, and it has not been noticed in negative situations. It offers trading in dozens of crypto-to-crypto and crypto-to-fiat pairs. The exchange has a low entry threshold, and there is no minimum deposit but there is a standard TradingView terminal, and fixed commissions of 0.2%, which are below the market average. You can reduce commissions through bonuses from the Traders Union. There are also mobile apps for iOS and Android. The referral program includes several levels, and the Bug Bounty program can become an extra source of income. The exchange is convenient for novice traders, experienced traders, and corporate clients. A special advantage is prompt technical support, including a call center that operates twenty-four/seven.
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.
Brief Look at NDAX
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.
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- 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).
TU Expert Verdict
Chief Analytics Officer
NDAX provides access to trading 30 major cryptocurrencies paired with the Canadian dollar, operating through a web platform and mobile apps with advanced charting powered by TradingView. The exchange is regulated by a Tier-1 Canadian authority, enforces strict KYC, and offers cold wallet storage, two-factor authentication, and an investor protection fund. Fixed trading commissions are set at 0.2% for both makers and takers regardless of volume, with no deposit fees and low, fixed withdrawal charges. Users benefit from high transaction speeds, a three-tier referral program, staking options, integrated OTC services for large trades over $200,000, and round-the-clock technical support.
Drawbacks include a modest selection of just 30 supported coins, a lack of investment solutions like copy trading or yield farming, and no access to spot leverage, trading bots, or a native desktop platform. The sole fiat supported is the Canadian dollar, and key payment methods like cards or PayPal are not available. NDAX may suit Canadian residents seeking regulated crypto-to-fiat trading with straightforward fees, but active traders, U.S. residents, or those seeking a broader asset range or advanced investment features may find the offering restrictive.
NDAX Summary
| 💻 Trading platform: | TradingView, in the browser |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies, CAD |
| 💵 Deposit / Withdrawal: | Bank cards and accounts, electronic and cryptocurrency wallets |
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | No |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Spot: 0.2%-0.2% |
| 🔧 Instruments: | 30 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | n/a |
| ⭐ Trading features: | Variety of cryptocurrencies and coins, only the Canadian dollar as fiat, a three-level referral program with payments to both parties, no investment programs, trading commissions do not depend on the trading volume |
| 🎁 Contests and bonuses: | Traders Union bonuses |
To start trading on the NDAX cryptocurrency exchange, go through the standard registration and verification procedures. The KYC standard verification process usually takes no more than a day. After that, you get full access to the website's functionality and regulate your financial policy yourself (there is no minimum deposit required). The exchange doesn’t offer leverage, so you should rely solely on your budget for trading operations. You can use email, online chat, and telephone (call center) to contact technical specialists and get detailed advice. Find them in the "Contacts'' section. The technical support of the exchange works around the clock.
NDAX Key Parameters Evaluation
Regulation and Safety
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.
- 2FA
- Facial recognition
- Investor protection fund
- No successful hacks history
- Cold wallet storage
- Tier-1 regulation
- Not U.S regulated
NDAX Security Factors
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 | Kraken | OKX | |
| Tier-1 regulation | Yes | Yes | No |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | Yes | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | Yes | No | Yes |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is NDAX a regulated crypto exchange?
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: Kraken, OKX, BTCC .
NDAX commissions and fees
NDAX received a 5.45/10 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 | |
| Spot, maker fee (%) | 0.2 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.2 | 0.22 | 0.2 | 0.194 |
What are NDAX deposit and withdrawal fees?
| Deposit fee, % | 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
Deposit and Withdrawal
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.
- Bank transfers for deposits and withdrawals
- No deposit fees
- P2P for flexible transfers
- Many cryptocurrencies for deposits and withdrawals
- No support for bank card payments
- Withdrawal fee applies
- No Google Pay option
Deposit and withdrawal options
NDAX supports the following deposit and withdrawal options: Bank transfers, Crypto.
NDAX Deposit and withdrawal options vs competitors
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 | Kraken | OKX | |
| Minimum deposit, USD or USDT | 100 | 10 | 10 |
| Minimum deposit, BTC | 1 | 1 | 5 |
| Minimum trade amount, USD/USDT | 10 | 1 | 1 |
Does NDAX support fiat money?
NDAX supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
NDAX received a score of 3/10 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
- Copy trading not available
- Crypto futures not available
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 | Kraken | OKX | |
| Supported coins | 30 | 278 | 329 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | Yes |
| NFTs | No | Yes | Yes |
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.
Trading apps & tools
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.
- Android app score 4.7
- Advanced tools and automation with API
- Mobile indicators allowed
- Positive user feedback on the iOS app
- No standalone desktop access
- Advanced orders not available
- No trading bots for traders
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 | Kraken | OKX | |
| 2FA | Yes | Yes | Yes |
| Face ID | Yes | No | Yes |
| Mob Indicators | Yes | Yes | Yes |
| Alerts | No | Yes | Yes |
| Advanced Orders | Yes | Yes | Yes |
| Trading with bots | No | No | Yes |
| API | Yes | Yes | Yes |
| Extra trading platforms | 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.
Contacts
| Foundation date | 2017 |
|---|---|
| Registration address | 250 2 Street Southwest Suite 1820, Calgary, AB T2P 0C1 |
| Official site | https://ndax.io/ |
| Contacts |
1-833-727-NDAX (6329)
|
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