NordFX
एब्स्ट्रैक्ट：NordFX, founded in 2008, is a brokerage registered in Cyprus. The trading instruments it provides cover 33 Forex currency pairs, Metals, Cryptocurrencies, CFD Indices & Stocks, Oil.
Note: NordFX's official website: https://nordfx.cn/ is currently inaccessible normally.
| NordFXReview Summary | |
| Founded | 2008 |
| Registered Country/Region | Cyprus |
| Regulation | No regulation |
| Market Instruments | 33 Forex currency pairs, Metals, Cryptocurrencies, CFD Indices & Stocks, Oil |
| Account Type | Fix, Pro, Zero, Savings |
| Demo Account | ✔ |
| MaximumLeverage | Up to 1:1000 |
| Spread | Starts from 2 pips |
| Trading Platform | Meta Trader 4 |
| Min Deposit | $10 |
| Deposit & Withdrawal | Multiple methods including Online Bank Transfer, Bank Cards, Online Payment Systems, Cryptocurrency Payments, Mobile Payments. Commission fees and transfer periods vary |
| Customer Support | Phone: +44 2038688742 |
| Email: support@nordfx.com | |
NordFX Information
NordFX, founded in 2008, is a brokerage registered in Cyprus. The trading instruments it provides cover 33 Forex currency pairs, Metals, Cryptocurrencies, CFD Indices & Stocks, Oil.
Pros and Cons
| Pros | Cons |
| Offers diverse market instruments | Unregulated |
| Low minimum deposit | High commission fees |
| MT4 supported | High maximum leverage post high risks |
| Demo account available |
Is NordFX Legit?
It is clear that NordFX is currently unregulated. The Whois website shows that the registration date of this dealer is 2008-05-20.
What Can I Trade on NordFX?
NordFX offers traders the opportunity to trade 33 Forex currency pairs, Metals, Cryptocurrencies, CFD Indices, Stocks, Oil.
| Tradable Instruments | Supported |
| Metals | ✔ |
| Oil | ✔ |
| Forex | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Bonds | ❌ |
| Derivatives | ❌ |
| Futures | ❌ |
| Options | ❌ |
Account Types
NordFX offers 4 different types of accounts to traders - Fix, Pro, Zero, Savings. It also provides a Demo Account.
| Fix | Pro | Zero | Savings | |
| Minimum deposit | $10 | $100 | $500 | $500 |
| Spread | From 2 pips | From 0.9 pips | From 0.0 pips | Average yearly interest: 30% |
| Leverage | Up to 1:1000 | Up to 1:1000 | Up to 1:1000 | |
| Commissions | $0 | $0 | 0.0035% per trade (each side) | Yearly loan interest: 3% |
NordFX Fees
NordFX charges no commissions for Fix and Pro accounts, 0.0035% per trade (each side) for Zero account. Savings account's yearly loan interest is 3%.
Trading Platform
NordFX's trading platform is MT4, which supports traders on PC, Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 Margin WebTrader | ✔ | Web, Mobile | Beginner |
| MT5 | ❌ |
Deposit and Withdrawal
The broker offers a lot of deposit and withdrawal methods. It charges fees for some methods, while some don't.
| Operation | Method | Commission | Transfer Period |
| Deposit | Online Bank Transfer | 0% | Up to 1 hour |
| VISA | 0% | Instant | |
| MasterCard | 0% | Instant | |
| Skrill | 0% | Instant | |
| NETELLER | 0% | Instant | |
| Perfect Money | Varies (0.5%-1.99%) | Instant | |
| Help2Pay | 0% | Instant | |
| PayToday | 4% | Instant | |
| Dragonpay | 0% | Up to 1 hour | |
| FasaPay | 0% | Instant | |
| SticPay | 0% | Instant | |
| Crypto Payments | 0% | Instant | |
| Mobile Payments | 0% | Up to 1 hour | |
| Withdrawal | Online Bank Transfer | 3% | Up to 1 hour |
| Skrill | 1% | Within 1 business day | |
| NETELLER | 5% (max $500) | Within 1 business day | |
| Perfect Money | 0.50% | Within 1 business day | |
| PayToday | 3% | Instant | |
| Dragonpay | 0% | Within 1-24 hours | |
| Help2Pay | 0% | Instant | |
| FasaPay | 1% | Instant | |
| Internal Transfer | 0% | Varies | |
| Crypto Payments | 0% | Instant | |
| Mobile Payments | 5% | Up to 1 hour |
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