NordFX Review 2024 | Information about NordFX Forex Broker

Account Type

8.9

Very Good

Features

Trading Platforms

MT4

Min Deposit

500.0 USD

Max Leverage 1 : 1000

Min Trade Volume

0.01 Lots

Margin Call Level 60%

Stop Out Level 40%

Spread Type Variable Spread

Account Currencies

USD

Trading Instruments

Cryptocurrencies, Stocks/Equities, Indices, Precious Metals, Forex/Currencies

Hedging

Scalping

NBP

Islamic

Deposit and Withdrawal

6.0

Average

Features

Company and Service

8.6

Very Good

Features

Profile

Headquarters Address

14 Louki Akrita street, Ayias Zonis, 3030, Limassol, Cyprus

Founded 2008

Broker Type

STP, ECN

Time Zone GMT +1

Credit Profile No information

Trading Platforms

MT4

Mac, Windows, iOS, Android, Multiterminal

Contact

No Data

Others

Website Language

Arabic, Bengali, Chinese, English, Hindi, Indonesian, Japanese, Malay, Persian, Portuguese, Sinhalese, Spanish, Thai, Vietnamese

Customer Service By

Phone, Email, Live Chat, Fax, Facebook, Twitter, Instagram, LinkedIn, Youtube

Supported Language

Arabic, Bengali, Chinese, English, Hindi, Indonesian, Japanese, Malay, Persian, Portuguese, Sinhalese, Spanish, Thai, Vietnamese

Related Complaints

Q&A Complaints

Does Noredfx have licenses?

Graham Hall

Cook Islands

2022-10-10

ANSWER NordFX claims it is owned and operated by NFX CAPITAL VU INC, a company regulated by the Vanuatu Financial Services Commission (VFSC) under license number: 15008. We indeed find a match result to NFX CAPITAL VU INC in VFSC.However, VFSC is a popular offshore regulator among forex brokers as capital (or bond) requirements are relatively small. A Forex license covering the online activities of a brokerage is issued in 2-3 months, which is indeed extremely fast. Moreover, there is no income tax, capital gains tax and inheritance tax in the country. So VFSC-regulated brokers are actually not under as strong regulation as FCA, ASIC and NFA regulated brokers. Most importantly, some shady brokers will falsely use the regulatory information of a licensed broker by VFSC, as this regulator provides neither authentication details nor domains of the registered company for traders to verify. Consequently, it is not a hundred percent sure that the licensed entity is the one that runs the business under the trading name of NFX CAPITAL VU INC. We would recommend exercising caution when dealing with VFSC- regulated brokers.For more details on this broker, please check our full NordFX review.

Can I use other currency besides USD?

Bernhard Krebs

France

2022-06-20

ANSWER NordFX claims it is owned and operated by NFX CAPITAL VU INC, a company regulated by the Vanuatu Financial Services Commission (VFSC) under license number: 40289. We do find a match result to NordFX in VFSC.However, VFSC is a popular offshore regulator among forex brokers as capital (or bond) requirements are relatively small. A Forex license covering the online activities of a brokerage is issued in 2-3 months, which is indeed extremely fast. Moreover, there is no income tax, capital gains tax and inheritance tax in the country. So VFSC-regulated brokers are actually not under as strong regulation as FCA, ASIC and NFA regulated brokers. Most importantly, some shady brokers will falsely use the regulatory information of a licensed broker by VFSC, as this regulator provides neither authentication details nor domains of the registered company for traders to verify. Consequently, it is not a hundred percent sure that the licensed entity is the one that runs the business under the trading name of NFX CAPITAL VU INC. We would recommend exercising caution when dealing with VFSC- regulated brokers.

Overall Score

5.5

81 Reviews

Cost 5.9

Platforms 5.9

Deposit & Withdrawal 6.0

Customer Support 5.9

Indicates the average level of Brokers

Keywords for selection

Fast Deposit/Withdrawal Good/Professional Customer Support Low Spreads Reliable & Reputable Trading Conditions

81 Reviews Clear filter

Sort by

Vu Tran

0-6 months Germany

NordFX are outright SCAMMERS when it comes to you making profits with them. They have outright STOLEN 2000 Euro of profits I've made with them. I have been trading with them since March 2024 and have become pretty profitable the last 2 months finally with my scalping strategy (which is permitted on all accounts like their website explicitly states).But now it uses various excuses to delay my withdrawals.

21 hours ago

Claudio Addamo

0-6 months Cuba

Republic of Mauritius - whata heck is that country? Regulated in the middle of no where.

2024-05-11

Baker

7-12 months Cambodia

Good Experience with Nordfx .... Highly Recomended

2024-05-10

AndreeaP

7-12 months Mauritius

They not pay commissions of refferal program. See you later...

2024-04-29

zainar

1-3 years Canada

I have been here for a long time. The systems are at a good level. Usually, the broker that will be invested will be chosen from a safe, stable and supportive broker. So i chose here Because it can take me profitable and safe.

2024-04-26

tien

7-12 months France

no problem in nord fx for dipositing and withdrawing

2024-04-24

ozan kiratik

1-3 years Peru

Very attentive and helpful support personnel. I’m working with Nordfx as an IB- partner and always get my commissions in time. I have never waited for answers over 2 minutes from their support service.

2024-04-22

Marta

0-6 months Lithuania

I have been using this broker recently and this is an excellent group. I am impressed with their overall support and technical support in particular. They are also very quick in responding to inquiries. Though I am not an expert trader I am very satisfied with their services.

2024-04-19

Tsiu Khamali

1-3 years Cuba

I like this company for good promotions and perfect trading conditions, they have good fixed spreads, working with them for 1 year, no problems, tried to withdraw more then 5 K $ - no problems too, good instant execution! I can't compare it with fx open and fx company - Nord has higher level,highly recommend you!

2024-04-17

test003

7-12 months Hungary

for biggner practice a/c available and give free 8$ at welcome a/c opening

2024-04-15

1-10 of 81 comments

NordFX

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