Overview of NordFX forex broker

14.07.2021

Year of foundation

2008

Site

https://nordfx.com/

Software

MetaTrader 4, MetaTrader 5, MetaTrader 4 mobile, MetaTrader 5 mobile, Fix-Contracts

Payment systems

Plastic cards, bank transfer, Moneybookers, UnionPay, FasaPay, Neteller, Local banks

Affiliate program

Да

Rating

4.1

  1. NordFX official website 
  2. Deposit and withdrawal
  3. Trading platforms
  4. Advantages of a broker
  5. Disadvantages of the broker
  6. Conclusion

NordFX is an online broker that has been operating on the market since 2008, providing services to both private and institutional investors. Its main advantages are high quality of service, variety of financial instruments, comfortable trading conditions. The company has received more than 50 awards and was repeatedly recognized as the best Asian broker. The activity of Nord Fx is controlled by international regulators, which is confirmed by licenses VFSC, CySEC, SEBI.

Assets Currencies, stocks, cryptocurrencies, indices, commodities, ETFs, CFDs
Tools for effective trading Currency converter, calculator, economic calendar
Types of accounts Fix, Pro, Zero, demo
Leverage 1:1000
Spreads Fixed and floating
Mini-Order 0,01
Minimum deposit $10 (Fix), $250 (Pro), $500 (Zero)
Liquidity Provider Multiple
Bonus Program  No
Website nordfx.com

NordFX official website 

To open a trading account, new clients must register online. To do this, you need to leave your contact information on the NORD FOREX website. In the registration window you can fill in the form for opening a real or demo account. After authorization the trader gets access to his account. Information on financial operations and personal settings can be found in the personal cabinet.

NordFX official website

All information on the site is structured and divided into sections for easy retrieval. In the menu you can see a list of investment funds, financial instruments, trading platforms and accounts. The educational section can be noted separately. The broker provides beginner investors with the opportunity to study a glossary of basic trading terms and read useful articles about trading. Registered users have access to training materials on working in the Forex market. 

 

NordFX trader reviews

Having analyzed the reviews of traders working with NordFX, we can conclude that the company is competitive and provides good trading conditions. The advantages of the online broker include the ability to diversify investments by forming a portfolio of different assets. 

Deposit and withdrawal

Deposits and withdrawals can be made via payment systems, plastic cards or bank transfers. The broker works with popular online services: Skrill, NETELLER, WebMoney, etc. The commission and the time of transfer depend on the method of depositing/withdrawing funds. To make financial transactions in the personal cabinet trader needs to confirm his card or bank account. 

 

NordFX online services

Trading platforms

The broker's clients can trade on mobile and desktop versions of the trading terminals. Investors can use two main platforms of the company:

  1. MetaTrader 4. One of the most popular trading terminals allows traders to apply graphical tools, integrated indicators, different types of orders. MT4 is perfect for market analysis.
    MultiTerminal. This trading platform allows investors to work simultaneously with several accounts. The terminal has a user-friendly interface and basic MetaTrader 4 features. 
  2. For mobile trading anywhere in the world, you can use NordFX Mobile App, which is compatible with iOS and Android operating systems. All the basic functions for account management, financial and trading operations are available in the application. 

Advantages of a broker

  • Ability to create and test scripts and indicators in the MetaTrader 4 terminal.
  • Efficient tools for market analysis and asset price forecasting.
  • Availability of PAM accounts.
  • Multilevel affiliate program.
  • Automatic trading via social trading.
  • Availability of trading signals, news and broker's reviews of financial markets and assets.
  • Spreads from 0 pips.

Disadvantages of the broker

  • Small selection of trading platforms.
  • High commissions.
  • Support service does not work on weekends. 

Conclusion

NordFX broker is perfect for fans of diverse trading. Investors can use popular assets, practice strategies on a demo account and analyze the market on their own. A wide theoretical base makes the company attractive to traders-beginners. 

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