NelsonFX

Basic Information & Regulation of Nelsonfx

Nelsonfx was founded in 2016 and is an online Forex and CFD broker that is not currently subject to any effective regulation.

Is Nelsonfx Safe or a Scam

Nelsonfx is currently an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Therefore investors should be careful to stay away from this Nelsonfx scam broker.

Market Instruments of Nelsonfx

Nelsonfx offers investors a range of CFD instruments, including commodities, oil, gold, silver, Forex currency pairs, 14 indices, stocks, and 10-year German Bunds.

Accounts & Leverage of Nelsonfx

Nelsonfx offers two different trading accounts for investors, the Standard Account and the Premium Account. Nelsonfx does not offer demo accounts, and the maximum trading leverage offered by Nelsonfx is up to 1:500.

Spreads & Commissions of Nelsonfx

The minimum spread for a standard Nelsonfx account is 0.3 for EURUSD, and other spreads and commissions remain unknown.

Trading Platform Available of Nelsonfx

Nelsonfx offers traders the market-leading and highly acclaimed MT4 trading platform, which is popular with professionals and novices alike and features an excellent charting package with a large amount of market data to help traders develop suitable trading strategies.

Deposit and Withdrawal

Nelsonfx supports limited deposit and withdrawal options. Traders can deposit and withdraw funds to their Nelsonfx accounts via debit or credit card.

Pros & Cons of Nelsonfx

The main advantages of Nelsonfx are:

1. Wide range of trading assets

2. Leading MT4 trading platform

3. Availability of two types of accounts

The main disadvantages of Nelsonfx are:

1. Not subject to any regulation

2. No demo accounts offered

3. Limited withdrawal and deposit options

4. High number of negative reviews

5. High leverage