Nord FX Review

Review

NordFX is an international brokerage company offering a full range of online trading services in currencies, cryptocurrencies, gold and silver in the Forex market. Investments in global stocks with high income and with capital protection up to 100%, and  PAMM-accounts (Percent Allocation Management Module).

NordFX is distinguished by minimal spreads, immediate order execution, and a leverage ratio of 1:1000, which is available for all currency pairs and metals. Fixed margins for crypto pairs are indicated in the account specifications. Accounts, as well as funds deposit/withdrawal are available both in USD, and in Bitcoins and Ethereum.

 

NordFX Review

What makes NordFX different from other Forex brokers is not only the diversity of financial instruments that can be traded but also the variety of accounts and next-generation platforms that it offers to its clients, becoming the ideal broker for both the professional trader as well as for those who are starting in the Forex market.

We have reviewed the main features, as well as the pros and cons of NordFX and this is what we found:

Company Information

  • Headquarter : Vanuatu
  • Regulation : None

Account Information

  • Type of Broker : Market Maker
  • U.S. Clients Allowed :
  • Minimum Deposit : 5$
  • Maximum Leverage : 1:500

Trading Platforms

  • Type of Platform : MetaTrader 4, MetaTrader 5

Customer Support

    • Website Languages :
      • English
      • Spanish
      • Arabic
      • Chinese

PLATFORMS

NordFX offers traders the renowned Metatrader 4 and Metatrader 5 platforms, whose large number of orders makes possible the implementation of any market strategy. Their platform integrates seamlessly for mobile trading and they also offer the web versions of these platforms, which allow you to monitor your trades from anywhere.

In addition to the MetaTrader platforms, NordFX offers the CQC Trader platform, a software that is used  for pricing the world's largest markets and their technical analysis as well as for electronic futures, options, and United States government debt securities trading in the Western markets.

As if that were not enough, NordFX also offers the Integral NFX Trades and Zulu Trade platforms, being one of the brokers with more options when choosing the right platform for each trader.

NordFX Review

ACCOUNT TYPES

Upon entering the NordFX website you can find detailed information about the different types of account that they offer, starting with the Welcome Account, for those who wish to start in the Forex market and/or test out this broker's features for the first time. These accounts have an initial balance of $8 at the time of opening them. Since these funds will only be charged upon making the first withdrawal of funds, so you can start trading without making any deposit!

For more experienced traders we find several types of accounts, from the most basic ones such as the Micro account (with a fixed spread) to the very sophisticated ones like the Integral (with a minimum deposit of $20,000) or the Standard MT5 (which offers a wide range of instruments in the MetaTrader 5 platform). The NordFX website gives us a complete guide to all existing account types so that we can choose the one that best suits our needs.

We must emphasize that the account opening process is extremely simple and agile, in addition to having online support at all times in case you have any questions.

 

CUSTOMER SERVICE

One of the things that impressed us most about NordFX is the efficiency of its customer service area. They have an instant chat system in seven languages (including Spanish and Portuguese), where information is provided with great professionalism and kindness and any doubts or problems we may have are resolved.

Additionally, they have an excellent service via the internet that uses the tickets system, allowing you to follow up on your inquiries. Telephone assistance is also available in Spanish, Portuguese, Arabic, Chinese, English, Persian, Russian, Hindi and Indonesian. The service is available all day, while the markets are open.

NordFX also surprised us with its Personal Account Manager service and its flexibility in having more than 25 electronic payment systems to make your deposits quickly and safely.

NordFX Review

 
   

SUMMARY

 

NordFX does not currently accept US traders. The brokerage strives to provide direct information on their conditions, so operators can choose their best option based on the right reasons. Browsing the website is simple, intuitive and easy, as is the registration. Deposits and withdrawals can be made through multiple e-commerce options, such as credit cards, money brokers, bank transfers, etc.

We recommend NordFX to anyone looking for a secure broker that offers various options in both Forex and other markets, with prestigious platforms and various international 

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User Reviews

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2 User Reviews
nkaplanov

I’ve always treated your ratings with respect. After reading some reviews about NordFx I got suspicious about your ratings. Do you allow anyone to post anything without any proof?

As of NordFX, I’ve been trading there for 2,5 years. Over the period, I’ve already made 353% on top of my starting capital. My NordFx account number is 989923. You can monitor it here: https://www.myfxbook.com/members/ol989923/ol989923/1871284
(I can provide the admins with an invest password if needed)

Therefore, I can definitely say that 99% of the negative comments about NordFx published on your website are fake and have nothing to do with reality. Over the 2,5 years of trading with NordFx, I haven’t seen any software lags, slippage, non-market quotes, or pretty much any other tricks against me (I never use pending orders to enter or exit another trade, and I still get my orders executed WITHOUT any problem at all times). Like I said, I’ve already earned 353% of profit, and I can definitely say that NordFx has NEVER played against me (unfortunately, some other brokers have).

The bottom line is this:
It takes 24 hours to withdraw funds into my Webmoney purse, which was used to deposit funds. The only commission is the one charged by Webmoney – 0,8%. The spreads are moderate (I have another account with FIBO Group, and they charge traders with much bigger spreads for cross pairs – actually, twice as wide as those charged by NordFx or Fort Finance). When it comes to swaps, NordFx is one of the best choices, and the broker is regulated by an E.U. financial regulator.

What else would you like your broker to offer? As for me, that’s more than enough.

NordFx is a REALLY reputable broker! I’d like to explain why I made this choice since you need to pay close attention to the detail if you want to reveal the broker’s true colors.

I work with NordFx though a website rendering rebate and auto-copying services. If needed, I can provide the admins with the name of the service so that they check this information. I get paid handsomely for each standard lot I trade at NordFx. If to compare NordFx Dukascopy, FIBO Group, and Fort Finance, NordFx pays me 3(!!!) times as much as FIBO Group, 2,5 times as much as Dukascopy, and 1,2 times as much as Fort Finance.

That’s why I recommend that you open a NordFx account through a rebate service to get a decent amount of extra money on top of your trading profits. Or you can become an IB. By the way, NordFx is one of the very few brokers to allow IBs to trade forex in a dedicated IB group. The founder of the rebate service I work with also has a NordFx account with much bigger trading capital and he has been making money with trading and rebating for years. FIBO Group and some other brokers banned him from doing so a long time ago.

For those of you questioning my words, I’ll ask some other successful NordFx traders to visit this rating and share their reviews along with the links to their monitored accounts (with invest passwords for the admins). Together, we manage big-scale conservative investor accounts opened with more than a dozen forex brokers.

The list of those brokers includes really big names but NordFx is still the best for me. Also I’d like to apologize to the admins for being a little bit too emotional but I guess it would be nice to filter out those fake reviews and ask for proofs before publishing them.

oksa

Account 1175549. They stole my profit 545 usd and blocked my account. They answered only in 1 week and said that think I was using hedging, they can't give any evidence and left my money to themself. http://nord-fx.net/

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Review info: Nord FX
Review Date:
Rating : 3.5
Reviewed By :