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

2.2
20 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

NordFX general information

Founded in: 2008 year
Headquarters:
Vanuatu
Offices in the country: India, Cyprus, Thailand
Minimum Deposit: 10 $
Website: www.nordfx.com
Website languages:
English, Arabic, Bengali, Vietnamese, Bahasa Indonesia, Spanish, Chinese, Malaysian, Persian, Portuguese, Russian, Thai, Hindi
Execution model:
NDD, ECN, STP
Deposit currency: USD
Support languages:
English, Arabic, Bengali, Vietnamese, Spanish, Chinese, Malaysian, 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:
Demo accounts (with time limit), Standard accounts, ECN accounts, STP accounts, Cent accounts, Swap free счета, VIP accounts, Micro accounts
Trust management: PAMM, MAM
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
  • Crypto
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
Maximum position size:
50 с шагом 0.01
Max. number of orders:
100
Execution type:
Instant Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Fixed
Decimal places:
4 decimal places
Margin Call:
40 %
Commission:
нет
Phone trading:
No
Trading platforms: MetaTrader 4
Minimum Deposit : 50 $
Deposit currency : USD - US Dollar
Trading instruments:
Forex 1:1000
Metals 1:1000
  • Gold
  • Silver
Cryptocurrencies
Stop Out:
20 %
Minimum position size:
0.01
Maximum position size:
50 с шагом 0.01
Max. number of orders:
100
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Floating
Decimal places:
5 decimal places
Margin Call:
40 %
Commission:
нет
Phone trading:
No
Trading platforms: MetaTrader 4
Minimum Deposit : 100 $
Deposit currency : USD - US Dollar
Trading instruments:
Forex 1:1000
Metals 1:1000
  • Gold
  • Silver
Cryptocurrencies
Stop Out:
40 %
Minimum position size:
0.01
Maximum position size:
50 с шагом 0.01
Max. number of orders:
100
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Floating
Decimal places:
5 decimal places
Margin Call:
60 %
Commission:
Комиссия FX: $4.5 на $100,000 в каждую сторону; Комиссия Крипто: до 0.1% за лот в каждую сторону
Phone trading:
No
Trading platforms: MetaTrader 5
Minimum Deposit : 100 $
Deposit currency : USD - US Dollar
Trading instruments:
Cryptocurrencies
Stop Out:
80 %
Minimum position size:
0.01
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Floating
Decimal places:
5 decimal places
Commission:
0.09%/-0.02%
Phone trading:
No

Contacts of NordFX

Headquarters
Vanuatu , Efate Santina Parade, Elluk, Port Vila, Vantu house 133
show on the map
+91 120 4533777 Local number

Recent customer reviews of NordFX

DENISE Langc 15 November 2018

Advantages: none

Disadvantages: lose money

Comment: it was everything gone wrong for me, i fell fully for their lies, had my broker handle my account for me which made things get worse but i was out there working almost all hours of the day to make sure i stay stable financially in life and all of a sudden +booom . i need cash and they are wasting my time to approve my withdrawal request. At this point i am beginning to get scared and after a while they stopped responding to my emails which became worse, i was going nuts until i was able to come across a company ( binaryoptionassetrecovery(+.com(. they were so helpful and we got back almost all of mu money back. im never going down that binaryoption or forex investment road again.

Comment
Add a COMMENT
u125792194989343 05 November 2018

Advantages: nill

Disadvantages: yes

Comment: One wouldn't really think much of this, all I really wanted to do was invest and be part of it but the way I was misled by this brokers was terrible, to easily take money from all in the name of investment and when I wanted to make withdrawals every single attempt was fruitless with constant hassle to invest more I really can't say more than I have already said. I would really consider myself to be one of the very few lucky ones as I was able to have my funds recovered from this scam Binary option brokers, although it was through unethical means as far I am concerned but what can I care after how my hard-earned funds where taken from me, these guys are the best in less than 7days all my funds including bonuses had been recovered, If your broker lost your funds trading Binary options wealthrecovery94 at geemail dot com are more than able to get your funds back without any traces. Best of luck people.

Comment
Add a COMMENT
Beth Murphy 01 November 2018

Advantages: N/A

Disadvantages: N/A

Comment: I lost everything thing I had to Gtoptions,after months of searching had to hire a refund professional company to recover my funds. I'm glad I got a refund others weren't so lucky. Happy to share my experience. Bethmurphy111@gmail.com

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Add a COMMENT

NordFX analisis & forecasts

All analysis NordFX
17 NOVEMBER, 2018
Forex Forecast and Cryptocurrencies Forecast for November 19-23, 2018

First, a review of last week’s events: EUR/USD. The basic forecast for this pair said that it would not only be able to fall to the year's low at the level of 1.1300 but would also probably break through this support and rea ...

Read more
10 NOVEMBER, 2018
Forex Forecast and Cryptocurrencies Forecast for November 12-16, 2018

First, a review of last week’s events: EUR/USD. Recall that, when giving the last week's forecast, 60% of experts had expected the euro to grow to the zone 1.1480-1.1525, and turned out to be 100% right: by Wednesday Novembe ...

Read more
03 NOVEMBER, 2018
Forex Forecast and Cryptocurrencies Forecast for November 05-09, 2018

First, a review of last week’s events: EUR/USD. Recall that most experts (55% vs. 45%) voted for further strengthening of the dollar, calling the year's low of 1.1300 recorded on August 15 as the goal. This forecast came com ...

Read more

NordFX bonuses, contests and promotions

All bonuses, promotions, contests NordFX
Offer type : Promo offers (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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