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NordFX Review

NordFX is a leading multi-awarded international broker that offers individuals and companies a full set of services for Forex trading. Since its foundation in 2008, NordFX always keeps abreast of modern technology, regularly expands its range of trading instruments and uses up-to-date software. We currently offer the most popular programs for Internet trading – MetaTrader 4, MetaTrader 5 and MetaTrader Mobile. NordFX provides a range of account types with minimal deposits from $5 to $50,000. You can appraise the company’s service by opening a “Micro” account with the minimal deposit $5 and the minimal lot 0.01, or try your hand in ECN trading. Working with NordFX, you’ve got all you need – a set of popular instruments, trading signals, tight spreads (fixed and floating), fast execution (0.5 sec.) and trading platforms for desktop computers as well as mobile devices.  All strategies, including scalping and news trading, and expert advisors are allowed. The company supports over 25 payment systems for quick and easy funds deposits and withdrawals. NordFX holds over 1 000 000 trading accounts currently and continually expands its global presence. Customer support is available 24/5 in 9 languages. NordFX also has a very simple and effective Affiliate Program. Refer clients to NordFX and receive up to 30% of the spread from every transaction by a referred client.

NordFX — Forex Boker information

Status Recommended Forex Broker
Broker type Broker, STP/ECN, NDD
Traders reviews 2 Reviews
Foundation 2008
Regulation CySEC (Cyprus), FSC (Mauritius), IFSC (Belize), SEBI (India)
License FSC License - Category 1 Global Business #C108006311; IFSC/60/180/MB/12
Languages English, Russian, Chinese, Spanish, Portuguese, Arabic, Indonesian, Hindi, Farsi, Bengali, Thai
Support phone +911204533777
Address 113, Medine Mews, La Rue Chaussee, Port Louis, Mauritius
Offices in Mauritius, India, Russia
Headquartered in Mauritius

Forex Trading information

Accepts US traders No
Trading conditions Min. deposit: $5 MT4/ $1,000 ECN
Leverage: up to 1:1000 MT4/ up to 1:100 ECN
Fixed and variable spreads
Execution 0.5 sec.
Commissions: MT-ECN – $5/lot for turnover under 900 lots/month; $3.5/lot for turnover over 900 lots/month
Social trading: MQL5 Signals
VIP account: Premium
Trading platforms MetaTrader 4, MT4 MultiTerminal, MetaTrader 5, MetaTrader Mobile, SpotOption
Other trading instruments Gold, Silver, Binary Options
Leverage 1000:1
Pip spread on majors 1.6-2.7
Minimum position size 0.01
Digits after the dot in quotes 4
Spread Type Fixed & Variable
Min. spread 0
Margin call level, % 40
Stop-out level, % 20
Minimum distance to stop/limit orders, pips
Guaranteed stop loss Yes
Guaranteed limit orders Yes
VPS for traders
Rebates per 1 standard lot, $
24 hour trading Yes
24 hour support Yes
Mobile trading Yes
Trading by phone Yes
Automated trading Yes
One-click trading Yes
Hedging Yes
Scalping Yes
Swaps Yes
Pending orders Yes

Forex Account information

Payment methods Bank transfer, VISA and MasterCard, WebMoney, Payza, Skrill, NETELLER, PayWeb, Perfect Money, QIWI, OKPAY, FasaPay, FilsPay, Z-Payment and others
Account currencies USD, EUR
Mini account, $ 5
Standard account, $ 50
ECN account, $ 1000
Institutional accounts Yes
1st deposit bonus No
Commissions MT-ECN
Demo account Yes
Bonuses, Promotions Yes
Forex contests, competitions Yes
Free education No
Daily analysis No
Expert advisors Yes
Trading Signals Yes
Partnership programs No
Affiliate program Yes
Trust management No
Personal manager No
Managed accounts No
Segregated accounts No
Interest charges on the balance No
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2 reviews on NordFX

  1. NordFX regulation in the Republic of Mauritius is something doubtful for me. That fact is that they are not operating in many countries is also a not good sign. Also, bonus system NordFX is almost missing. Besides, market data are very often is very out of date. I haven’t traded with Nord yet, just trying to examine them closely before making a decision to open a trading account with them.

  2. I have been trading with NordFX for seven month and I’m happy, because the broker offers very good conditions for scalping. The customer support is fast and very helpful. The trading software is user-friendly is working like a good Swiss watches, all orders are executed fast and exactly. I highly recommend NordFX to everyone. It’s a pity they don’t supply too much education stuff like some other brokers do.

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