NordFX

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NordFX

Summary

This NordFX review gives you all the key facts you need to decide if it’s the right platform for your money. 

Advantages:
Disadvantages:

Let me tell you the Story

 NordFX was formed in 2008 and is licensed and regulated by the Vanuatu Financial Services Commission as NFX Capital VU Inc. With the broker, users can trade CFDs on more than 100+ financial instruments including Forex, Indices, Commodities, Crypto and Stocks across four different account types with a maximum leverage of 1:1000.  

Fees

There are three types of accounts: Fix, Pro, and Zero. Both Fix and Pro accounts offer commission-free trading with spreads of 2 pips on the Fix account and 0.9 pips on the Pro account. The commission on the Zero account is 0.0035% per trade (per side) with spreads starting at 0.

Deposits & Withdrawals Review

Advantages:
Disadvantages:

FAQ

How long will it take for my deposit to show on NordFX?

With a debit or credit card, you can make the deposit instantly. A bank transfer takes 2-3 business days.

When will I have access to my money if I withdraw from NordFX?

Withdrawal transfer takes around 2-3 working days.

What is the minimum deposit with NordFX?

10 USD

Can I withdraw any amount?

There’s a minimum limit of $1.

Does NordFX charge withdrawal fees?

Yes, it’s up to 5% per withdrawal.

Are there any terms on where I direct any funds I withdraw?

The requirement for NordFX withdrawals: they must be to your own name.

Accounts Type Review

NordFX users can open an account by clicking on the ‘Open Account’ button located on the broker’s website. The user will then be redirected to a page that asks for their name, email, phone number, and account settings. Users can then log in with their details after entering these details and accepting the Client Agreement and Privacy Policy, which opens the NordFX Trader’s Cabinet.

Assets Review

Trading currency pairs is what NordFX can offer you if you're looking for a broker offering over 33 currency pairs.

NordFX As of right now, offer crypto access, such as ,Bitcoin, Litecoin, Zcash, Ripple, Dash, OmiseGO, EOS, Ethereum are currently available for trading

Stock trading with Zero commission NordFX. All clients are eligible commission-free trading of US stocks. more then 60+ stock to trade with.

 

Copy Trading

  • Copy Trading. By becoming a signal provider or following another signal subscriber, users can access copy trading services.
  • PAMM Trading. Users can register to become PAMM managers or follow other PAMM managers. PAMM allows managers to manage the capital of others.
  • NordFX Investment Funds. Users are able to invest in shares of world-leading companies. You can invest in the Pro-Industry Fund, Pro-TECh Fund, and Pro-Expert Fund for a minimum investment of $500, $1,000, and $3,000, respectively.

Regulation

Regulated by the Vanuatu Financial Services Commission under the name NFX Capital VU Inc.

Securities and Exchange Board of India (SEBI)

Is eToro a market maker?

The company is a market maker. also spreads and swaps, as well as commissions on certain trading accounts, allow NordFX to earn money.

Is eToro trustworthy broker?

It can be considered trustworthy to use NordFX.

However money that is funded to NordFX are not placed into a segregated bank account. In other words, your money and NordFX money is hold in the same bank account. which the broker can access your funds directly.

What is NordFX Headquarters country?

NordFX is based at Pot 805/103 Rue D’Auvergne, Port Vila, Vanuatu

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