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NordFX Guide – Read our In-Depth NordFX Review

NordFX Rating: 6 / 10

This page contains information about investing with NordFX. It is intended for educational purposes only and should never be considered financial advice. CompareBrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.

All of the information about the brokers you see reviewed on CompareBrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.

Trading in financial markets including but not limiting to foreign exchange on margin, cryptocurrencies, CFD trading on stocks etc, carries a high level of risk, and may not be suitable for all investors.

This NordFX review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this NordFX review does not apply to users in United States, Canada, Syrian Arab Republic, Cuba,

This NordFX review contains the latest information about NordFX.

If you are a new entrant in the world of trading and brokerage, so many details will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You will acquire adept at all the concepts of brokerage as you keep trading. For starters, you have to select the ideal broker who'll be clear with you always.

Within this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professional, direct investment plan could help you in minimising any losses and maximising any returns. NordFX is one such platform which can assist you. It is crucial that you understand all about NordFX until you trust them with your cash.

NordFX review screenshot

NordFX Guide for 2022 – Brief Overview

NordFX Telephone Number: +91 120 433 3948
NordFX Email Address: support@nordfx.com
NordFX Address: Pot 805/103 Rue D'Auvergne, Port Vila, Vanuatu
Year Founded: 2008
Regulated By: VFSC (15008)
Hedquarters: Mauritius
Minimum Deposit: $10
Number Of Clients: 10,000+ NordFX users and traders
NordFX LinkedIn: https://www.linkedin.com/company/nordfx/
NordFX Facebook: https://www.facebook.com/NordFX
NordFX Facebook Likes: 105,270
NordFX Twitter: @NordFX
NordFX Twitter Followers: 942
NordFX Instagram: https://www.instagram.com/nordfx/
NordFX Instagram Followers: 1,417
NordFX Youtube: https://www.youtube.com/channel/UC3-VUuArvGZSDsMf-qx0p4A

Trading in financial markets including but not limiting to foreign exchange on margin, cryptocurrencies, CFD trading on stocks etc, carries a high level of risk, and may not be suitable for all investors.

Our entire NordFX Review covers everything you need to know about trading using NordFX. A fantastic agent can take your initial investments and help to protect it from losses but also provide you a platform that can provide you favourable profits. If you would like to make profits, you must trade with a broker service that aligns with your investment objectives.

There is no sure-fire method to ensure profits; therefore, you must carefully analyze your broker before you choose them. It is a frequent misconception that all brokers will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.

NordFX is a broker that has forged its way successfully to the brokerage world. In this review, we have attempted to collate some of the important aspects of NordFX. This review will help you to understand whether NordFX is a good match for your investments or not. We've attempted to breakdown all the qualities and charges for your advantage.

NordFX Review, Table Of Contents

Who are NordFX?

NordFX is a forex broker headquartered in Mauritius and provides a range of instruments for online trading. Since its inception in 2008, NordFX has emerged as a leading player in the field of online brokerage. NordFX has an extremely competitive and full-featured trading site that's focused on currency, indices, metals, shares, commodities.

Over the past 14 years, NordFX has grown into one of the leading online brokers.

After launching in 2008, their customer base is becoming as big as 10,000+ clients.

NordFX is the favourite for many traders because of its negative balance protection. Our NordFX review discovered that they are an excellent choice for automated trading options. It's best suited for investors that are searching for a variety of assets. Social and automated trading solutions are the core at NordFX.

Technology plays a significant role in NordFX. NordFX features trading on MT4, MT5, Tablet & Mobile apps. NordFX is fair, transparent, and a well-regulated broker by the VFSC (15008). Their outstanding array of tools will be beneficial for the majority of traders. Third-party partnerships also provide in-house analysis.

The trader resource section at NordFX is very enlightening for new traders as it permits them to have a closer look in the financial markets. NordFX caters to all sorts of traders and are a must-have broker for almost any well-diversified approach to online trading.

NordFX Videos

Benefits of doing online trading with NordFX in 2022

Trading with NordFX includes many advantages. These benefits are what sets NordFX apart from all other online agents. You need to check all the advantages listed so that you have a better understanding of NordFX.

The agent goes to great lengths to comprehend what traders need. Consequently, the service, fast, and convenient. The broker also provides a number of platforms for all kinds of traders. NordFX helps to ensure that the individual needs of all traders are met to the best of their capabilities.

NordFX also includes excellent trading conditions which are available to only an elite group of institutional customers. The tight spreads and quick executions are a fantastic benefit for those traders. The technology adopted by NordFX is of the maximum caliber, making sure that it's fast, reliable, and effective.

NordFX acknowledges the significance of having a fast order execution. A quick implementation will allow users to exchange without worrying about slippage safely. It will also help the traders to catch any opportunities.

Copy trading is another important aspect of NordFX. A new dealer can learn from business experts using the automatic copy trading option. This means you can monitor the best performing traders and instantly mirror their trades and benefit from their expertise

NordFX has over 116 trading tools to support all types of traders. These tools are dynamic and suitable for both new and seasoned traders. The dealers can set aside all their worries when trading using NordFX.

NordFX overview

Year Founded: 2008

Regulated By: VFSC (15008)

Hedquarters: Mauritius

Minimum Deposit: $10

Number Of Clients: 10,000+

Trading in financial markets including but not limiting to foreign exchange on margin, cryptocurrencies, CFD trading on stocks etc, carries a high level of risk, and may not be suitable for all investors.

If you feel that NordFX is not right for you then at the bottom of this NordFX review you wil find a lot of alternatives to NordFX.

Everything you ought to know about trading with NordFX

NordFX is a lively platform that provides various methods of trading. These instruments cover the financial markets considerably. The Majority of the brokerage platforms offer fewer procedures than NordFX

If you wish to exchange with NordFX, you will need a minimum deposit of $10. This deposit is mandatory if you wish to start trading using NordFX. This 2022 NordFX review will direct you easily about trading with them.

NordFX is as versatile as another brokerage platform. NordFX is excellent for traders that want a manageable variety of cheap services. The platforms offered by NordFX are third-party, white-label offerings. All traders can pick out of MT4, MT5, Tablet & Mobile apps.

Together with everything, NordFX has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time on which a transaction has to be kept open. The brokers provide premium customer service that rewards customers with benefits.

Many less reputable brokers try to pressurise customers into larger financing for premium services. NordFX, on the other hand, is much more concentrated on trading volume. Traders can expect trading conditions to be just, honest and transparent. The more lots traded by the consumer, the more advantages will come along.

NordFX accounts are available around the world and provides outstanding service wherever they have clients. There are only a select few countries where NordFX accounts are not available. Traders in the following countries cannot open or use a NordFX account:

United States, Canada, Syrian Arab Republic, Cuba,

Is NordFX Safe To Trade With in 2022?

Launched in 2008, NordFX has been operating for 14 years, they are headquarted in Mauritius.

NordFX is regulated by VFSC (15008). These figures have rules that mandate that trading platforms have measures in place to keep investor's assets procured. This means that NordFX users do not need to be worried about their money as it's segregated and safely kept in banks that are established. SSL encryption secures every user's personal information also.

You can make use of an option for Two Factor Authentications (2FA) with NordFX for increased safety. An SMS with the confirmation code will be sent to a phone. You'll be asked to enter this code to log in to your account.

Another concern with fiscal brokers with regards to security might be manipulation of trading. This is highly disadvantageous to consumers on these platforms. However, this is more prevalent in the case of Market Maker brokers who compete with customers on the stage.

NordFX Risk Disclaimer

High Risk Investment

Trading in financial markets including but not limiting to foreign exchange on margin, cryptocurrencies, CFD trading on stocks etc, carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade in financial markets you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading in financial markets and seek advice from an independent financial advisor if you have any doubts.

Pro's & Con's Of Trading With NordFX

Every online trading platform has a few pros and cons NordFX review would be complete without having a balanced approach. This NordFX review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

NordFX Pro's

  • NordFX is trusted by 10,000+ clients
  • NordFX offers Negative Balance Protection
  • NordFX has low minimum deposit requirements
  • NordFX doesn't charge withdrawal fees
  • NordFX doesn't charge deposit fees
  • NordFX doesn't charge CFD fees
  • NordFX offers copy trading
  • NordFX offers trailing stop
  • NordFX offer trading on MT4, MT5, Tablet & Mobile apps
  • NordFX offer 116 trading instruments
  • NordFX trades major forex pairs
  • NordFX trades minor forex pairs
  • NordFX trades exotic forex pairs
  • NordFX offers trading on cryptocurrencies
  • NordFX can communicate in English, Spanish, Russian, Chinese, Arabic, Hindi, Bengali, Farsi, Indonesian, Thai, Sinhalese, Vietnamese, Malay

NordFX Con's

  • NordFX does not offer Guaranteed Stop Loss
  • NordFX charge inactivity fees
  • NordFX doesn't offer social trading

NordFX Review - Compare Brokers Similar To NordFX

NordFX
learn more about NordFX
Forex Club
learn more about Forex Club
Personal Capital
learn more about Personal Capital
justforex
learn more about justforex
Rating 6 / 10 6.11 / 10 4.23 / 10 5.25 / 10
Minimum Deposit $10 $100 $100000 $250
Year Founded 2008 2008 2008 2010
Headquarters Mauritius Russia USA UK
Regulated By VFSC (15008) Cyprus Securities and Exchange Commission (CySEC) Unregulated Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F265
Clients 10,000+ 10,000+ 10,000+ 1,000,000+
Find Out More


Trading in financial markets including but not limiting to foreign exchange on margin, cryptocurrencies, CFD trading on stocks etc, carries a high level of risk, and may not be suitable for all investors.


Your capital is at risk


Your capital is at risk


Your capital is at risk

NordFX Review - Regulation And Licencing In More Detail

NordFX is regulated by VFSC (15008).

NordFX, as a business, has a strong collection of rules for ensuring honest trading on its platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).

In accordance with the organization's privacy regulations, customer data is to not be shared with some other institutions or individuals. This includes credit history and other financial details.

NordFX Review - Awards

At the time of writing this NordFX review, and despite NordFX’s impressive offering, the company has surprisingly not garnered any other awards to date.

NordFX Trading Platforms

NordFX are a professional trading platform that has been trading for over 14 years. They offer a large range of options in their client accounts.

In the following table we take the main parts of any great brokerage and compare NordFX with Forex Club, Personal Capital, and justforex

NordFX
learn more about NordFX
Forex Club
learn more about Forex Club
Personal Capital
learn more about Personal Capital
justforex
learn more about justforex
Demo Account Yes Yes Yes Yes
Proprietary Platform No
Windows App Yes Yes Yes Yes
Mac App No Yes Yes Yes
Linux App No No No No
Social Trading No Yes No Yes
Copy Trading Yes No Yes Yes
MetaTrader 4 (MT4) Yes Yes Yes No
MetaTrader 5 (MT5) Yes Yes Yes Yes
cTrader No Yes Yes Yes
DupliTrade No Yes No No
ZuluTrade No


Trading in financial markets including but not limiting to foreign exchange on margin, cryptocurrencies, CFD trading on stocks etc, carries a high level of risk, and may not be suitable for all investors.


Your capital is at risk


Your capital is at risk


Your capital is at risk

NordFX Review - NordFX MetaTrader 4 (MT4)

MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.You can start using the MetaTrader 4 platform with NordFX in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. NordFX MetaTrader 4 is compatible with the latest macOS. NordFX allows traders to trade on mobile devices through Android and iOS devices.

Metatrader 4 Webtrader and NordFX

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.

Trading With NordFX MetaTrader 4 On iOS Devices

You can download the NordFX app or also trade with NordFX through the MetaTrader 4 application on the Apple app store.

Download the NordFX MetaTrader 4 Program free of charge from Apple's App Store. NordFX customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.

Trading With NordFX MetaTrader 4 On Android Devices

Andorid mobile devices and tablets are used by millions of people globally. NordFX provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android NordFX MetaTrader 4 Android application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.

NordFX Review - Minimum Deposit Required

The minimum deposit you need to get started on NordFX is $10. This is an adequate amount for those just beginning. You can create more advanced residue as you go along. However, ensure you know how to make the most of your cash before investing larger amounts.

NordFX Review - Commission And Fees Explained

NordFX is an online broker platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. That is, an internet broker is not necessarily influenced by the number of customers they have.

But this does not mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily 3 types of fees for this purpose.

The first sort of fees to look out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In these cases, you're paying a spread, funding speed, or even a commission. The kinds of trading charges and the prices vary from broker to broker.

Commissions could be fixed or determined by the traded quantity. On the flip side, a spread denotes the gap between the buying and selling price. Funding or overnight prices are people that are billed when you hold a leveraged position for longer than daily.

Apart from trading fees, online agents also charge non-trading fees. These are determined by the activities you undertake in your accounts. They are charged for things like depositing cash, not trading for lengthy periods, or withdrawals.

In general, NordFX does not charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for people who regularly exchange, such as daily or weekly trading.

But, non-trading fees billed by NordFX are relatively greater. As a result, you are charged more for non-trading actions on your trading accounts, like deposits and withdrawal. These are not related to the sale and purchase of assets.

This NordFX review breaks down each of the applicable non-trading charges for you in detail.

Compare Broker Fees Of NordFX

NordFX
learn more about NordFX
Forex Club
learn more about Forex Club
Personal Capital
learn more about Personal Capital
justforex
learn more about justforex
Minimum Deposit $10 $100 $100000 $250
Withdrawal Fees No No No Yes
Inactivity Fees Yes No No No
Deposit Fees No No No No
CFD Fees No No No No


Trading in financial markets including but not limiting to foreign exchange on margin, cryptocurrencies, CFD trading on stocks etc, carries a high level of risk, and may not be suitable for all investors.


Your capital is at risk


Your capital is at risk


Your capital is at risk

NordFX Review - Withdrawal Fees Explained

NordFX doesn't charge withdrawal fees

Withdrawal of money is possible at any time from your NordFX account. You can draw sums up to the sum of your account balance, keeping aside the margin used. One thing to keep in mind is that you don't necessarily have to have any cash in your account.

Moreover, the withdrawn money will be moved directly to the account you use to create deposits. Thus, if you used a credit card for deposits, the withdrawn cash is going to be sent into the card. NordFX will ask you to offer other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In case you're withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the money you're choosing to withdraw in.

NordFX Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of those buzzing questions that run through your head when open an account with NordFX. An inactivity fee is an amount charged to registered traders who have not participated in purchasing or selling for a while. The period regarded as inactive is decided by the broker.

The inactivity fee also differs from 1 agent to another and is not standardized. If a dealers account doesn't have a purchasing or selling transaction, it is maintained by the broker as an inactivity fee. The traders need to pay this fee under terms and conditions that they had agreed while registering.

NordFX charges an inactivity fee when you don't create any trades for a while.

Even if no fees are indicated by NordFX, it is better for you to close the account if you are inactive. Inactivity fees aren't just charged by broker companies but also many financial services.

For other trading platforms, the inactivity fee is contingent upon the type of account you have selected. The inactivity fee is exposed to a lot of conditions and needs to be disclosed clearly by the agent beforehand.

NordFX Review - Deposit Fees Explained

When you transfer money into your trading account from the bank account, a deposit fee can be billed by the broker. Most agents don't charge an excessive amount of money for this operation.

NordFX doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing cash on the NordFX trading platform is easy. You simply need to complete a single-user profile questionnaire to start depositing money into your trading account. You will have to provide an identity proof and proof of residency to deposit substantial amounts.

NordFX Review - Compare Broker Deposit Methods

NordFX
learn more about NordFX
Forex Club
learn more about Forex Club
Personal Capital
learn more about Personal Capital
justforex
learn more about justforex
Minimum Deposit $10 $100 $100000 $250
Credit Card Yes Yes Yes Yes
PayPal No No No Yes
Neteller Yes No No Yes
Skrill Yes No No Yes
Payoneer Yes Yes Yes Yes


Trading in financial markets including but not limiting to foreign exchange on margin, cryptocurrencies, CFD trading on stocks etc, carries a high level of risk, and may not be suitable for all investors.


Your capital is at risk


Your capital is at risk


Your capital is at risk

What Can You Trade With NordFX in 2022?

Note: NordFX offers many different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered may be different depending on the country of residence of the client.

NordFX has a wide variety of over 116 instruments available for you to trade with.

If trading forex pairs is of interest to you then NordFX offer over 33 currency pairs.

Compare NordFX, Forex Club, Personal Capital & justforex below.

NordFX
learn more about NordFX
Forex Club
learn more about Forex Club
Personal Capital
learn more about Personal Capital
justforex
learn more about justforex
Platforms MT4, MT5, Tablet & Mobile apps MT4, WEB, desktop Desktop, Android, Tablet, iPhone MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Instruments Available 116 103 277 148
Forex & Crypto
Forex Pairs Available 33 118
Offers Major Forex Pairs? Yes Yes No Yes
Offers Minor Forex Pairs? Yes No No Yes
Offers Exotic Forex Pairs? Yes No No Yes
Offers Cryptocurrencies? Yes No No Yes
Commodity CFD's
Commodities Offered 2 0 0 64
Trade Metals? Yes Yes No Yes
Trade Energies? No Yes No Yes
Trade Agricultural? No Yes No No
Indiced & Stock CFDs
Stocks Offered 64 0 0 64
Trade UK Shares? Yes Yes No No
Trade US Shares? Yes No No No
Trade German Shares? Yes No No Yes
Trade Japanese Shares? Yes No No No


Trading in financial markets including but not limiting to foreign exchange on margin, cryptocurrencies, CFD trading on stocks etc, carries a high level of risk, and may not be suitable for all investors.


Your capital is at risk


Your capital is at risk


Your capital is at risk

Reviewing The NordFX Mobile App

Note: NordFX's mobile app has many functions and is being constantly developed. The below information was correct at the time of compiling this NordFX review.

Understand the capabilities of the mobile apps of NordFX, Forex Club, Personal Capital & justforex below.

NordFX
learn more about NordFX
Forex Club
learn more about Forex Club
Personal Capital
learn more about Personal Capital
justforex
learn more about justforex
Basic Alerts / Push Notifications Yes Yes Yes Yes
Watchlists
Has A Watchlist No Yes Yes No
Watchlist Syncs Across Platforms No Yes Yes Yes
Indicators And Charts
App Indicators Yes Yes Yes No
Can Draw Trendlines Yes Yes Yes Yes
Can Move Trendlines No Yes Yes No
Has Multiple Timeframes No Yes Yes Yes
Saves Charts Yes Yes Yes No
Other Broker Mobile App Functions
Has Economic Calendars No Yes Yes No


Trading in financial markets including but not limiting to foreign exchange on margin, cryptocurrencies, CFD trading on stocks etc, carries a high level of risk, and may not be suitable for all investors.


Your capital is at risk


Your capital is at risk


Your capital is at risk

Trading Education Available At NordFX

Understand the trading resources available with NordFX, Forex Club, Personal Capital & justforex below.

NordFX
learn more about NordFX
Forex Club
learn more about Forex Club
Personal Capital
learn more about Personal Capital
justforex
learn more about justforex
Forex Education Yes Yes Yes No
CFD Education Yes Yes Yes Yes
Regular Client Webinars No Yes Yes No
Archived Webinars No Yes Yes Yes
Beginner Trading Videos Yes Yes Yes No
Advanced Trading Videos No Yes Yes Yes
Investor Dictionary (Glossary) Yes Yes Yes No
PDF Trading Guides No Yes Yes Yes


Trading in financial markets including but not limiting to foreign exchange on margin, cryptocurrencies, CFD trading on stocks etc, carries a high level of risk, and may not be suitable for all investors.


Your capital is at risk


Your capital is at risk


Your capital is at risk

NordFX Customer Support

As part of this NordFX review we understood the options for customer service as well as response times. the NordFX trading platform problems solving effectiveness. NordFX supports many languages, including English, Spanish, Russian, Chinese, Arabic, Hindi, Bengali, Farsi, Indonesian, Thai, Sinhalese, Vietnamese, Malay.

NordFX Live Chat Support

We tested the live chat on NordFX and it works well. We sent messages to NordFX livechat via their website and app and recieved a response within 20 seconds. Sometimes , there was no response.

We tested communicating with NordFX support in a variety of languages across multiple countries. NordFX were capable of resolving our customer issues.

NordFX Phone Support

We called NordFX and the call was answered extremely quickly. It was responded to within less than 5-10 minutes.

NordFX phone support team was able to successfully address our queries and problems on the phone. We tried the multi-lingual NordFX team by calling in varying languages. NordFX made an effort to make sure our queries were answered.

Overall the phone support from NordFX was okay.

NordFX Email Support

We sent several email to NordFX and responses were generally satisfactory. The fastest email response time from NordFX was 4 hours, while the most slow response was 8 days! There were times when there wasn't a response. Support response times may vary depending on what is needed from NordFX, however we have had this experience sending 10 emails at varying times.

The team solved and responded to our queries. Overall average email support from NordFX was acceptable.

Alternatives To NordFX

If, after studying this NordFX review, they do not fulfill your requirements check out these NordFX alternatives.

We have scoured the web to find the best alternatives to NordFX. Click on the hyperlinks below to find out more.

Frequently Asked Questions about NordFX

Can I try NordFX before I buy?

Yes, you can most certainly try NordFX before you buy. NordFX provides demo accounts for the convenience of inexperienced traders. You may use this feature to build your faith in the machine and yourself and your trading strategies.

If you sign up for a demonstration account on NordFX, you may set out with a decent amount of virtual currency. It is to establish a sense of security and confidence in you until you decide to spend your own money.

With this virtual NordFX demo account, you can experiment at all, to whatever period you desire. You might also start positions, test different trading strategies, and more.

NordFX specifies on its official website which you are able to trade real time stocks with your demo account.

Is NordFX safe?

You can drop all your worries since we believe that NordFX is perfectly safe to use. It is in compliance with all the principles of VFSC (15008).

Nevertheless, NordFX doesn't provide assured stop-loss protection.

Why does NordFX ask for my passport?

The reason that NordFX asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, NordFX has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, NordFX must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with NordFX?

The process to start trading withNordFX is perhaps simple enough to be a cakewalk. You need to begin by signing up on the NordFX website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with NordFX is $10. You should have a good understanding of the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with NordFX.

The best way to kickstart your trading career with NordFX is to open a demo account facility before risking any real money

What funding methods do NordFX accept?

There are multiple ways to fund your accounts with NordFX. The process is effortless and quick, with different payment methods in your fingertips.

You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You have to keep in mind that PayPal isn't available in every country. The currencies NordFX

Is my money safe with NordFX?

Yes, your money is safe and protected with NordFX. As you know, NordFX operates with good conformation to. It has established plenty of steps to protect all its own investors.

NordFX safeguards its clients' personal and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.

If you want to further safeguard your accounts, you can empower Two-Step Verification as well. It requires an SMS affirmation that you get your account.

Is NordFX trading good?

Yes, trading through NordFX is a nice and decent experience indeed. It's a great and intuitive platform with helpful features for your simplicity. In addition, you could also gain access to a huge collection of educational tools and assistive material to kickstart your trading experience.

If you are still skeptical, it is possible to start a eToro demo account and assess the trustworthiness of the platform on your own.

Which Countries do NordFX support?

NordFX operates across the globe. However, due to regulations NordFX do accept clients from United States, Canada, Syrian Arab Republic, Cuba,

Is NordFX legit?

NordFX is a legit company headquarted in Mauritius since 2008. They are regulated by VFSC (15008). NordFX is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is NordFX a good broker?

NordFX is an excellent agent, and its users may vouch for it. The highlight of this platform is its fast order execution on transactions.

You'll discover the clean design of this platform along with the admirable features a pleasure to work with.

Is NordFX a trustworthy broker?

Yes, NordFX is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for NordFX?

The minimum deposit to open a live account with NordFX is $10

How long do NordFX withdrawals take?

Normally, withdrawal of money from NordFX is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from NordFX to show in your bank account.

Are NordFX regulated?

NordFX are regulated by VFSC (15008)

Is NordFX a market leading broker?

NordFX is currently one of the industry leaders. It has over 10,000+ registered customers and over 14 years of expertise on its own record. They are among the world's leading trading platforms and a dominant figure in the Fintech revolution.

It simplifies this status to its unbelievable platform and wide range of tools plus resources so that you can put money into capital markets.

Is NordFX a con?

No, NordFX is not a con. They are regulated by VFSC (15008) and must adhere to their rules. Thus, it is safe to say that NordFX is not a scam.

Can you make money with NordFX?

Through NordFX, many traders make a lot of cash. However, on average, through continual trading, you can create between 2% - 10% profit a month.

This may seem like a small number, but within the entire year, this adds to a significant number of gains. Even though NordFX provide you all the tools to make money, they can't guarantee you will profit.

Does NordFX have fees?

Yes. To start trading with NordFX, you need to deposit $10. Certain commissions while trading additionally applies. Any processing fees from your bank will need to be incurred by you.

When was NordFX founded?

NordFX was founded in 2008 in Mauritius. NordFX is regulated by VFSC (15008).

How many people use NordFX?

NordFX is a worldwide recognised agent with 10,000+ customers.

Where is the NordFX head office?

NordFX has its head office in Mauritius

Does NordFX offer negative balance protection?

Yes, NordFX has Negative Balance Protection. It's especially offered when the market volatility prevents customers from letting their accounts go into the red. In such a scenario, NordFX offers the ability to reset a clients account balance to zero.

You should go through the important terms and conditions on NordFX's website to comprehend their policies.

Does NordFX offer guaranteed stop loss?

NordFX unfortunately, does not provide guaranteed stop loss. NordFX gives an opportunity to its traders to close their trades at their specified price. Aside from this, NordFX doesn't provide guaranteed stop loss.

Does NordFX allow scalping?

Yes, NordFX do allow scalping. Many traders throughout the world select NordFX due to their services that are trading. They offer trading on MT4, MT5, Tablet & Mobile apps which let this.

Does NordFX allow hedging?

Yes, NordFX does allow hedging.

Can you trade energies with NordFX?

No, unfortunately you cannot trade energy stock with NordFX

Can you trade agricultural shares with NordFX?

No, unfortunately you cannot trade agricultural stock with NordFX

Can you trade cryptocurrency with NordFX?

Yes, you can trade cryptocurrency with NordFX

Can you trade metals with NordFX?

Yes, you can trade metals with NordFX

Can you trade UK Shares with NordFX?

Yes, you can trade UK shares with NordFX

Can you trade US Shares with NordFX?

Yes, you can trade US shares with NordFX

Can you trade Japanese Shares with NordFX?

Yes, you can trade Japanese shares with NordFX

Can you trade German Shares with NordFX?

Yes, you can trade German shares with NordFX

Does NordFX accept bank transfers?

Yes, NordFX accepts bank transfers for depositing money.

Does NordFX accept credit cards?

Yes, NordFX accepts credit cards for depositing money.

Does NordFX accept PayPal?

No, NordFX does not accept PayPal.

Does NordFX accept Skrill?

Yes, NordFX accepts Skrill for depositing money.

Does NordFX accept Payoneer?

Yes, NordFX accepts Payoneer for depositing money.

Does NordFX accept Neteller?

Yes, NordFX accepts Neteller for depositing money.

Does NordFX offer Live Chat customer support?

Yes, NordFX offers customer support through live chat.

Does NordFX offer phone customer support?

Yes, NordFX offers customer support over the telephone.

Does NordFX offer email customer support?

Yes, NordFX offers customer support through email.

What languages can NordFX communicate in?

NordFX has the ability to communicate and support customers who speak: English, Spanish, Russian, Chinese, Arabic, Hindi, Bengali, Farsi, Indonesian, Thai, Sinhalese, Vietnamese, Malay

Does NordFX have a wikipedia page?

No, NordFX does not have an official wikipedia page.

Does NordFX offer demo accounts?

Yes, NordFX offers virtual portfolio accounts so you can learn their systems before risking any real money. New traders can open a demo account in order to better understand the aspects of Forex trading and test out some of NordFX's features before signing up for a live account.