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NordFX review

NordFX review: regulation (VFSC (Vanuatu), CySEC (Cyprus), SEBI (India)), minimum deposit 10, leverage up to 1:1000, platforms and current bonuses.

Open account
Minimum deposit10
Max. leverage1:1000
Spread from2 pips fixed…
Founded2008

Trading conditions

Broker type
ECN/STP/NDD
Minimum deposit
10
Maximum leverage
1:1000
Minimum spread
2 pips fixed, from 0 pips
Platforms
MetaTrader 5, MetaTrader 4, MetaTrader Mobile, MT4 MultiTerminal
Account currencies
USD, BTC and ETH

Bonuses

No deposit bonus
No
Welcome bonus
No
Other promotions
No

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes, (Premium)
Managed account
Yes, (we offer PAMM and RAMM accounts)
Segregated funds
No
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
No

Deposits and withdrawals

Deposit methods
Bank transfer, VISA and MasterCard cards, WebMoney, Skrill, Payza, NETELLER, QIWI, PayWeb, Z-Payment and more
Withdrawal methods
Bank transfer, VISA and MasterCard cards, WebMoney, Skrill, Payza, NETELLER, QIWI, PayWeb, Z-Payment and more

Company

Regulation
VFSC (Vanuatu), CySEC (Cyprus), SEBI (India)
Founded
2008
Country
Vanuatu
Address
VANTU HOUSE 133 SANTINA PARADE, ELLUK, PORT VILA, EFATE, VANUATU
Website languages
English, Spanish, Portuguese, Russian, Chinese, Arabic, Hindi, Bengali, Farsi, Indonesian, Thai, Sinhalese, Vietnamese, Malay
Phone
+91 120 4533777
Email or Skype
[email protected]

NordFX pros and cons

Pros

  • Regulated by VFSC (Vanuatu), CySEC (Cyprus), SEBI (India)
  • Low minimum deposit: 10
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account
  • Trading platforms: MetaTrader 5, MetaTrader 4, MetaTrader Mobile…

Cons

  • No no-deposit bonus at the moment
  • Leverage up to 1:1000 magnifies losses as well as profits
  • Conditions and bonuses can differ by regulated entity

NordFX FAQ

Is NordFX a safe and regulated broker?

NordFX was founded in 2008 and is regulated by VFSC (Vanuatu), CySEC (Cyprus), SEBI (India). Your protection depends on which NordFX entity opens your account.

What is the minimum deposit at NordFX?

The minimum deposit at NordFX is 10. Payment providers may set their own minimum amount.

What is the maximum leverage at NordFX?

NordFX offers leverage up to 1:1000. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does NordFX offer a no deposit bonus?

No. NordFX does not currently offer a no deposit bonus. It offers a welcome promotion: No. See our forex no deposit bonus list for brokers that do.

Which trading platforms does NordFX offer?

NordFX supports MetaTrader 5, MetaTrader 4, MetaTrader Mobile, MT4 MultiTerminal. Mobile trading is available.

Does NordFX allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does NordFX offer an Islamic (swap-free) account?

Yes. NordFX offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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