Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

NordFX Review

3.96
82 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

NordFX general information

Founded in: 2008 year
Headquarters:
Vanuatu
Offices in the country: India, Cyprus, Thailand
Minimum Deposit: 0 $
Website: www.nordfx.com
Website languages:
English, Arab, Bengal, Vietnamese, Indonesian, Spanish, Chinese, Malay, Persian, Portuguese, Russian, Thai, Hindi
Execution model:
NDD, ECN, STP
Deposit currency: USD
Support languages:
English, Arab, Bengal, Vietnamese, Spanish, Chinese, Malay, Persian, Portuguese, Russian, Thai, Hindi
Regulated by:
SEBI (India)
CySEC (Cyprus)
VFSC (Vanuatu)
Mobile trading:
iOS, Android, Windows Phone, BlackBerry OS
Types of offered accounts:
Unlimited Demo Accounts, Standard Accounts, ECN accounts, STP accounts, Swap free accounts, VIP accounts, Micro accounts
Trust management: PAMM
Autotrading: MQL.5 Signals
Affiliate program: Yes
Deposit bonus: 100 %

NordFX Forex broker description

NordFX is a forex trading company that was formed in 2008 and headquartered in Vanuatu. The decade in the business has been used to its fullest advantage gaining this firm a lot of loyal clients from all over the globe.

Trading Accounts

NordFX has a host of trading accounts each with its own distinct specifications that have been designed for all customer tastes. These trading accounts will either teach you how to trade by giving you the basics on trading or let you execute trades. Among these trading accounts are the demo account, the fix account, the pro account, the zero account, and the crypto account.

The Demo Account

Just as its name implies, this account has been designed to give demonstrations on how trading is executed among other concepts. This account is mainly for new clients with no idea on how to trade and are not willing to place their funds on the other accounts for trading purposes.

The account uses virtual funds in teaching the client on execution.

The Fix Account

The fix account is an account for traders that exposes them to a wide range of trading instruments such as currency pairs, gold, and cryptocurrencies.

The features of this account are as follows.

  1. Deals in a wide range of trading instruments from currency pairs, crypto pairs, gold and crypto indices.
  2. Account balance reflects in either United States dollars, bitcoins or ethereum.
  3. Instant and quick execution.
  4. Allows for automated trading.

The Pro Account

The pro account is an account type suitable for both beginners and also experienced traders that offer very lucrative trading conditions. Among its features include:

  1. Minimum deposit of $50.
  2. Allows for automated trading.
  3. Shows account balance in United States dollars, ethereum, and bitcoin.
  4. Minimum lot size of 0.01.
  5. No commission fees charged at all.

The NordFX Zero Account

The zero account is another account that offers a lucrative trading environment and is suitable for both beginners and professionals in the forex trading industry. Its features include the following:

  1. Minimum deposit of $100.
  2. Account balance reflects in United States dollars, bitcoins, and the ethereum.
  3. Market execution type. Allows for automated trading.
  4. Floating spreads from 0.0 pips.
  5. Offers credit leverage of up to 1:1000*.
  6. Commission of 0.0045% each side on each trade executed.

The Company. Security Of Funds.

NordFX is a legitimate trading company located in Vanuatu and has been in operation in the forex industry for the past decade. Over this decade, it has managed to spread its wings to other territories gaining customers and also spreading its trading fortunes too. This experience in trading puts NordFX in a coveted position of being able to know and understand customer needs and how to fulfill them.

Its resiliency in this business has managed to acquire the firm over 1.2 million account holder from over 100 countries worldwide with evident signs of this being the tip of the iceberg to its coming achievements. Also due to this, it has been able to amass itself over 30 prestigious awards based on its performance and also customer relations.

Its workforce is also superb as is evident in NordFX customer comments and reviews which pain a serene image of a dedicated and professional human resource. The efficiency in answering and solving various arising customer issues is very amazing. This is in addition to upholding the company's integrity and safeguarding clients' personal information. His promotes a good working relationship between the firm and its many clients.

The credibility of this firm is supported by its regulation and consequent licensing in the various countries that it runs its operations. Among the regulatory bodies that have given NordFX a clean bill of operation include:

  1. NordFX in Cyprus is regulated by the Cyprus Securities and Exchange Commission (CySEC) and given a pass to carry out its operations.
  2. A license by the markets in financial instruments directive (MiFID) which regulates the playing field making it level for all investors within Europe.

In keeping up with the set regulations from the regulatory bodies, NordFX has to keep clients' funds entrusted to them secure. For this reason, NordFX has formulated measures that strive to keep these funds safe. Among the measures put in place include:

  1. Having segregated accounts one for their clients and the other for their operational costs. This prevents mix us that could result to use of clients’ funds.
  2. Having a strong base capital that will not lead them to use clients’ funds at all.
  3. Signing up for compensatory schemes that will come through to help in case of liquidation of its resources.

Trading Conditions

Minimum Initial Deposit

The minimum initial deposit varies from account to account. The amount ranges from $10 to $100. This serves as your base capital for execution of trades.

Commissions

Commissions are not charged for most account types except for the zero account that charges it at 0.0045 per trade lot.

Trading Platforms

NordFX uses among the best trading platforms with awesome features that enhance a client's trading experience. The two platforms used are the MetaTrader 4 and MetaTrader 5 platforms. Below are their respective features.

Metatrader 4 Platform

  1. Offers both instant and market execution on trades.
  2. Has awesome charting and analysis tools.
  3. Provides high-grade security of a client’s trading transactions.
  4. Utilizes many types of orders allowing for many trading strategies.
  5. Suitable for trading operations on the forex and precious metals market.
  6. Provides a lot of useful graphical and statistical data for efficient analysis.
  7. A client can receive real-time trading news from leading news agencies.
  8. Suitable for exchange trading cryptocurrencies.
  9. You can see the depth of the market in trade volumes at a certain timeframe.

Metatrader 5 Platform

Promotions

These are the promotions currently on offer at the NordFX trading platform.

  1. 55% bonus on deposit where you are guaranteed a bonus when you deposit from $100-$8000.
  2. Refer a friend bonus that guarantees you 10% of the referred friend’s deposit.

Deposits And Withdrawals

Deposits and withdrawal are easy to carry out from this account and accepts various channels of transactions. Among these channels are through bank transfers, bank cards such as the visa and MasterCard and various online payment methods such as Neteller and Skrill.

Charges are set by your respective channel and processing time for the funds s short but for the case of ban transfer, it may take a maximum of 3-5 business days to complete.

BRIEFLY ABOUT NordFX

This is a very efficient dealer that is bound to grow in leaps and bounds due to its professionalism and also good customer services in tendering the best products for its clients. This is a trader I would strongly recommend one to check out if interested in forex trading.

Trading accounts of NordFX

  • Fix
  • Pro
  • Zero
  • Stocks
Trading platforms: MetaTrader 4
Minimum Deposit : 10 $
Deposit currency : USD - US Dollar
Trading instruments:
Forex 1:1000
Metals 1:1000
  • Gold
  • Silver
Cryptocurrencies
Stop Out:
20 %
Minimum position size:
0.01 лотов
Maximum position size:
50 with a step of 0.01 лотов
Max. number of orders:
100
Execution type:
Instant Execution
Swap Free:
Yes
VIP Account:
Not
Spread type:
Fixed
Decimal places:
4 characters
Margin Call:
40 %
Commission:
Not
Phone trading:
Not
Trading platforms: MetaTrader 4
Minimum Deposit : 250 $
Deposit currency : USD - US Dollar
Trading instruments:
Forex 1:1000
Metals 1:1000
  • Gold
  • Silver
Cryptocurrencies
Stop Out:
20 %
Minimum position size:
0.01 лотов
Maximum position size:
50 with a step of 0.01 лотов
Max. number of orders:
100
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
Not
Spread type:
Floating
Decimal places:
5 characters
Margin Call:
40 %
Commission:
Not
Phone trading:
Not
Trading platforms: MetaTrader 4
Minimum Deposit : 500 $
Deposit currency : USD - US Dollar
Trading instruments:
Forex 1:1000
Metals 1:1000
  • Gold
  • Silver
Cryptocurrencies
Stop Out:
40 %
Minimum position size:
0.01 лотов
Maximum position size:
50 with a step of 0.01 лотов
Max. number of orders:
100
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
Not
Spread type:
Floating
Decimal places:
5 characters
Margin Call:
60 %
Commission:
FX Commission: $ 4.5 per $ 100,000 each way; Crypto Commission: up to 0.1% per lot in each direction
Phone trading:
Not
Trading platforms: MetaTrader 4
Minimum Deposit : 0 $
Deposit currency : USD - US Dollar
Trading instruments:
CFD's 1:5
Amount of assets : 68
Stop Out:
40 %
Minimum position size:
1 лотов
Maximum position size:
1000 лотов
Execution type:
Market Execution
Swap Free:
Not
VIP Account:
Not
Spread type:
Floating
Decimal places:
4 characters
Margin Call:
80 %
Phone trading:
Not

Contacts of NordFX

Штаб-квартира
Vanuatu , Port Vila Rue D'Auvergne, Pot 805/103
show on the map

Recent customer reviews of NordFX

Judy Spinket 27 February 2020

Advantages: recovered it all

Disadvantages: none

Comment: There are several trading companies that promises you to increase your profit, after searching you will see plethora of trading firms. Their staff looks professional and legitimate and they claim their platform as risk free platform. After you manage to grow your balance and decide to withdraw your money then platform refuse to answer and allow you to withdraw few amount claiming that the remaining are bonus and can be withdrawn once you trade for certain number. Here is an example if you grow your amount to £11,689 then you allowed to withdraw only £689 and the remaining £11,000 will be bonus and the money can be accessed if you trade 30 or 40 times that amount. I like to aware you about scammers and give you simple stat referral FUNDS RECOVERY now (Fastfundsrecovery@protonmail . com) recovers assets worth millions USD from the fraudsters company. Good Luck. website: www.fastfundsrecovery.wordpress.com

Comment
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Yannick Carrasco 25 February 2020

Advantages: I GOT MY MONEY BACK

Disadvantages: NIL

Comment: Don't ever try to trade cause they are bunch of rippers. I have been wasting my time with this unregulated brokers for a long time. They keep asking me to pay for taxes, I wasted my time and efforts with this bunch of scammers. I requested to make withdrawal and my account was frozen for no reason. All my money was gone. I regret every action I took with this scammers all happened because of my ignorance. I was at point of giving up when I was referred to an Ethical Hacker who helped me get back all I lost within 7days. Feel free to consult (ADMIN @ OXOWEALTHRECOVERY . C O M) today and be rest assured your problems is solved. Give a trial today and you will be glad you did.

Comment
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Sarah Aaron 25 February 2020

Advantages: null

Disadvantages: bad

Comment: I rarely share my story with people, not only because it put me at the lowest point ever but because it made me a person of ridicule among family and friends. I put all I had into Binary Options ($690,000) after hearing great testimonies about this new investment strategy. I was made to believe my investment would triple, it started good and I got returns (not up to what I had invested). Gathered more and involved a couple family members, but I didn't know I was setting myself up for the kill, in less than no time all we had put ($820,000) was gone. It almost seem I had set them up, they came at me strong and hard. After searching and looking for how to make those scums pay back, I got introduced to a recovery expert Mr Gavin Eric who helped me recovered 99% of my investment back in 7 working days. i felt someone else might need his help that's why i have to recommend him, feel free to contact him via his email address: gavineric90 (@) gmail .com for further information on how to get back your investment.

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NordFX analisis & forecasts

All analysis NordFX
22 FEBRUARY, 2020
Forex and Cryptocurrency Forecast for February 24 - 28, 2020

First, a review of last week’s events: EUR/USD. The dollar index has already gained 2.5% since the beginning of February, reaching the highest since May 2017. The euro continues to lose ground. Beginning on January 01, the a ...

Read more
15 FEBRUARY, 2020
Forex and Cryptocurrency Forecast for February 17 - 21, 2020

First, a review of last week’s events: EUR/USD. Stop-loss orders on long positions for this pair are triggered one after another for the second week in a row. The bulls retreat, successively surrendering all their lines of d ...

Read more
08 FEBRUARY, 2020
Forex and Cryptocurrency Forecast for February 10 - 14, 2020

First, a review of last week’s events: EUR/USD. The statistics in the United States (including ISM and NFP) look rather optimistic. The US indices have updated their record levels over the past five days: The Dow Jones is 29 ...

Read more

NordFX bonuses, contests and promotions

All bonuses, promotions, contests NordFX
Offer type : Promotions (until 01.01.2019)
Refer a friend reward program - NordFX

Tell a friend about NordFX and entice him/her to open an account. In return, the company will reward you 10% of your friend’s deposit amount. R ...

Offer type : Bonuses (until 01.01.2018)
Up To 100% Bonus On Deposit - NordFX

Another bonus program from NordFX is currently running and this will be your chance to increase your trading profits! All you have to do is to deposi ...

Offer type : Bonuses (until 01.01.2019)
55% Bonus On Deposit - NordFX

To increase your trading capacity, Forex online broker NordFX has introduced a bonus program that allows new and existing clients to receive 55% bonus ...

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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.
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