NordFX Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $10
- MT4
- MobileTrading
- MT5
- MultiTerminal
- VFSC
- 2008
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $10
- MT4
- MobileTrading
- MT5
- MultiTerminal
- VFSC
- 2008
Our Evaluation of NordFX
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
NordFX is a reliable broker with the TU Overall Score of 7.1 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by NordFX clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews showed that the broker’s clients are mostly satisfied with the company.
NordFX is an excellent choice for active and passive earnings. The all-business broker is perfect for traders with different temperaments, trading styles, and experience in the Forex market.
Brief Look at NordFX
NordFX is an international company founded in 2008. Over the years, the broker has been awarded over 50 prestigious awards and various prizes. You can find below a shortlist of the company's achievements over the past decade. In 2020, NordFX received the “Best Platform for Central Asset Accounts” award. Earlier in the year, its affiliate program received this award as well as the social trading platform award. According to the Masterforex-V Academy, NordFX became the best world broker in 2019. In 2018, it was declared the Best Broker in Asia. Since 2011, its bonus programs, promotions, and partner programs have regularly been recognized as the best in Asia. The high quality of service was noted and NordFX was recognized as the “Best Forex broker in China” for the quality of its dealing. NordFX operates in nearly 190 countries and has over 1.25 million trading accounts. The company offers services for active and passive trading on the Forex market. It operates under the jurisdiction of the British Virgin Islands.
- you can trade on Forex not only with currency pairs, but also with cryptocurrency, gold and silver, major stock indices (including Dow Jones, Nasdaq, Nikkei), as well as oil, stocks, etc.;
- the leverage is up to 1:1,000.
- desktop and mobile versions of MetaTrader 4 and MetaTrader 5 platforms;
- deposit from $10;
- spreads from 0 pips;
- flash order execution that takes 0.5 seconds;
- deposits in US dollars, bitcoins, ethereums;
- PAMM service;
- copy trading;
- investments in shares of world leaders: Apple, Ferrari, and Boeing, Coca-Cola, Visa, Google, Microsoft, Alibaba, etc.;
- comprehensive theoretical underpinning: analytics, news, education portal containing hundreds of materials (text, graphics, video);
- multilevel affiliate IB program with the ability to earn up to 65% commission.
- technical support service works only 5 days a week.
TU Expert Advice
Financial expert and analyst at Traders Union
The brokerage company NordFX has proven itself as a reliable partner by its cooperation with the International Traders Union. Members of the Union especially appreciate the three types of trading accounts offered by the broker. You can choose a trading account with the best conditions for you.
For over ten years of cooperation, there have been no significant complaints from traders against the broker. All issues were resolved in the client's favor.
The Traders Union recommends NordFX as a reliable partner with optimal trading conditions for traders with different levels of expertise.
- You prefer to deposit and withdraw using stable cryptocurrencies like Tether, Centre, and Binance, providing stability in your financial transactions.
- You desire a personalized trading experience with a dedicated relationship manager who takes care of basic training and provides support.
- You have concerns about the lack of regulation associated with an offshore registered broker.
- You seek advanced trading tools and features such as social trading, copy trading, and signals, which may not be available with this broker.
NordFX Summary
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | MT4 MultiTerminal, MetaTrader Mobile, MetaTrader 4, MetaTrader 5 |
|---|---|
| 📊 Accounts: | Demo, Fix, Pro, Zero, Savings |
| 💰 Account currency: | USD, BTC, ETH |
| 💵 Replenishment / Withdrawal: | Perfect Money, Neteller, WebMoney, Skrill, PayWeb, Payza, HandyBank and Elexnet, FasaPay, EgoPay, DIXIPAY, Payment, bank cards, bank transfer |
| 🚀 Minimum deposit: | Fix — $10, Pro — $100, Zero — $500, Savings - $500 |
| ⚖️ Leverage: | 1:1000 |
| 💼 PAMM-accounts: | Yes |
| 📈️ Min Order: | 0.01 |
| 💱 Spread: | From 0.9 pips (floating), from 2 pips (fixed) |
| 🔧 Instruments: | Currency pairs, cryptocurrency (11 pairs), 6 CFDs on indices, oil, gold, silver |
| 💹 Margin Call / Stop Out: | Fix - 40%/20%, Pro - 40%/20%, Zero - 60%/40% |
| 🏛 Liquidity provider: | Multiple |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Order execution: instant and market |
| ⭐ Trading features: | Cryptocurrency trade; Copy Trading; RAMM service; Free analytics. |
| 🎁 Contests and bonuses: | n/a |
You can make deals in 33 currency pairs, trade silver and gold. Experienced traders have identified 1:1,000 leverage as an advantage. cryptocurrency fanciers can choose from 11 cryptocurrency pairs. You have 6 CFDs on indices and 68 CFDs on shares at your disposal.
NordFX offers spreads with a minimum size of 0.0-2 pips. This will reduce your costs and increase profits.
The MetaTrader 4, MetaTrader 5 and MetaTrader Mobile terminals are among the main advantages of the brokerage company. It is easier to manage the trading process without being tied to a static workplace with their help. The high speed combined with the stability and reliability of the servers of the NordFX platform makes the trading process reliable and efficient. You can work from anywhere you can get Wi-Fi.
NordFX Key Parameters Evaluation
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Trading Account Opening
Register on the Traders Union website to work with NordFX and at the same time save money on commissions.
Follow the affiliate link to the NordFX broker website. Click the "Open Account" button on the main page.
Go through the verification, indicating the phone number, mail, surname and first name, and account type.
You will receive a confirmation number; enter it and complete the registration.
The following options are available in the Personal Account:
There are also many other useful functions and features: In your personal account you can:
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find out information on funds: on replenishing the balance of a trading account, on the history of replenishments, on lost transfers;
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fill out an application for withdrawing funds from the account;
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read the platform documentation.
Regulation and safety
Information
NordFX activities are regulated by VFSC (15008). Responsible monitoring by the regulators is a guarantee that the brokerage company will fulfill its obligations.
Advantages
- Confident trading due to the stable operation of servers, platforms
- Advanced customer reporting
- Ability to track traffic and commission statistics
Disadvantages
- The regulator does not consider the claims of traders with minor amounts
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Fix | From 2 pips | No |
| Pro | From 0.9 pips | No |
| Zero | From 0 pips | 0.0035% for the transaction (in each direction) |
Also, our experts have compared trading commissions at NordFX with those of the broker's competitors. As a result of comparing the brokerage company, we assigned a level: low, medium, high.
| Broker | Average commission | Level |
|---|---|---|
|
$9 | |
|
$1 | |
|
$8.5 |
Account types
NordFX offers 5 types of accounts: for novice traders, for professional traders, and the widest range of participants in the Forex financial market. Accounts differ in starting capital, spread size, and commission.
Types of accounts:
NordFX is a broker with an innovative philosophy, where both a novice trader and a professional trader get favorable conditions to implement their strategies.
Deposit and Withdrawal
You can withdraw funds in many ways:
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by bank transfer on USD/EUR pair. In this case, the commission of the beneficiary bank and the correspondent bank is charged;
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Visa, MasterCard cards. The withdrawal service fee is 4% of the amount + $7.50;
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WebMoney - 0.8%, but not more than $50;
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Skrill — 1%.;
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Neteller, Perfect Money — 0,5%;
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Ngan Luong PayToday — commission of 2% upon withdrawal.
Through electronic payment systems; funds are credited to the trader's account instantly. To cards — within 5-6 working days, by bank transfer - 3-5 working days.
The company processes requests for withdrawal on weekdays from 9:00 am to 6:00 pm. A payment request submitted after 6:00 pm is postponed to the next day. Withdrawals are not available on weekends and holidays.
Investment Options
NordFX is the perfect broker for you if you want to know how to combine active trading and passive investing.
NordFX funds - a new word in investing
The investment fund includes a balanced portfolio of the largest companies that have been on the world stock exchanges for decades. The funds are placed in time-tested stocks, after careful monitoring of the market. Professional portfolio management allows you to maximize your profit.
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Pro-Industry — $500 minimum deposit. The expected income is 14% per year. Success payment — 25% of the profit volume. Withdrawal and deposit of funds at any time, with minimal costs. The fund includes the assets of Coca-Cola, McDonald's, etc.
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FixPro-TECH Fund — minimum deposit of $1,000. The return for the previous year was 56%. The investment period is 6-12 months.
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Pro-Expert Fund — deposit from $3,000, investment term is 6-12 months.
Any trader who registers with NordFX can start a career as a financial instrument trader and become an investor.
Important!
If you are a large investor and plan on investments over $ 10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
NordFX affiliate program
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“Introducing broker” — up to 60% of the spread and the highest commissions, a reward for each client's transaction. Program participants apply, receive an affiliate link with promotional materials. They advertise the best trading conditions of the broker, excellent execution, and top-level liquidity on the Internet. Refer clients and get commissions of up to $2 per lot traded by the referred client.
The NordFX Affiliate Program is the most advanced CPA model. High customer conversion and excellent support are among the distinctive features. There is also a sub-affiliate system that provides high-quality multilingual advertising materials, widgets, landing pages, banners.
Customer support
Information
The broker's support service provides services around the clock.
Advantages
- Free calls
- Multilingual support
Disadvantages
- Does not work on the weekend
To contact support:
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make a free call to the numbers listed on the site;
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write an email.
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fill in the contact form;
Support is available on the broker's website and in a personal account.
Contacts
| Foundation date | 2008 |
|---|---|
| Registration address | 14, Louki Akrita Street, Ayias Zonis, CY - 3030, Limassol |
| Regulation | VFSC |
| Official site | nordfx.com |
| Contacts |
+86 108 4053677, +91 120 4533777
|
Education
Information
Broker NordFX pays a lot of attention to the training section for both novice traders and professionals. At the NordFX training center, which is a practical online resource, traders of different levels can develop their skills and acquire valuable knowledge and experience.
During the learning process, each instrument can be tested on a demo account.
Comparison of NordFX with other Brokers
| NordFX | RoboForex | Pocket Option | Exness | FBS | FreshForex | |
| Trading platform |
MT4, MT5, MobileTrading, Zulu Trader, Integral | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MobileTrading | MT4, MobileTrading |
| Min deposit | $10 | $10 | $5 | $10 | $1 | No |
| Leverage |
From 1:200 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:2000 |
From 1:1 to 1:2000 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0 points | From 0 points | From 1.2 point | From 1 point | From 0.2 points | From 0 points |
| Level of margin call / stop out |
40% / 20% | 60% / 40% | 30% / 50% | No / 60% | 40% / 20% | 40% / 20% |
| Execution of orders | Instant Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution |
| No deposit bonus | $8 | No | No | No | $5 | $30 |
| Cent accounts | No | Yes | No | No | Yes | Yes |
Detailed Review of NordFX
NordFX is a broker worthy of traders' attention. It offers the widest range of services in the Forex market.
The convenient website of the company allows you to quickly evaluate, analyze, and compare all offers for active and passive trading.
Comprehensive service and customer focus raised the company to one of the leading positions in the Trading Union broker rating.
A few figures that could be interesting for traders choosing a broker:
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operates in 18 countries;
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over 1,250,000 registered accounts;
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Over 25,000 partners;
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Over $30,000,000 paid to partners;
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more than 12 years working in the Forex market.
NordFX is the best broker for active and passive investment
Traders registered with a broker work on the most popular and convenient MetaTrader4/5 platforms. You’ll appreciate the opportunity to earn money from any spot on Earth with an Internet signal if you have an active lifestyle.
Useful NordFX services:
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Copy Trading is a convenient form of social trading, where experienced traders sell their trading signals to novice traders;
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RAMM service is an opportunity to invest in several strategies using one account and trade (independently or with the help of advisors). A person simultaneously earns income as an investor and as a managing trader;
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PAMM accounts. The funds are managed by one or more professionals on a paid basis. For investors, this service is an effective way of passive earnings.
Advantages:
6 asset classes;
advanced CPA up to $700;
support is available in 14 languages.
second-level commission up to 10%;
low spread; accounts with fixed, floating spreads;
free analytics.
The brokerage company took into account the needs of clients. Close cooperation with global marketing leaders during 12 years of work has helped the broker to reach its highest level. A professional team helps their clients to master the heights of business in the Forex market.
User Satisfaction