NordFX Review: Safe or Scam Broker? What We Found Out

The Pro and Zero accounts are equipped with spreads starting from 0.9 pips and 0.0 pip respectively. Yet, the Fix account is presented with 2 pips spread, which is quite ironic since the account is the most suitable for small traders with a minimum deposit starting only from $10. NordFX has established itself as a decent option for traders who want a broad selection of trading instruments with flexible account structures.

Currency Converter Tool

1. NordFX does not provide customers with real company shares trading.NordFX offers CFD stock trading.
2. Here, you will find essential trading terms and their definitions.
3. If you don’t have the time or knowledge to trade manually at the moment, they also have copy trading and managed account solutions for traders, investors and strategy providers.
4. Yield is therefore based on the NordFX purchase price of the bond as well as the coupon.
5. To deposit funds into a NordFX account, you can use various methods such as bank transfers, credit/debit cards, cryptocurrencies, and several e-wallets.
6. The company specializes in facilitating cross-border B2B payments.

With negative balance protection, NordFX trading losses are always limited to the current balance of funds in the trader’s account. The effect of leverage on profits and losses magnifies them in both directions. In other words, NordFX leverage profits and losses are magnified when trading. For instance, using CFDs, you use the NordFX trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

It’s worth noting that the expiration date of the proof of address document may differ for different entities under NordFX Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you’ve passed compliance, you can start exploring NordFX’s platform.

NordFX also features over a dozen articles, where new traders get quality written content. What I like most about NordFX is the copy trading https://traderoom.info/nordfx-broker-review/ platform NordFX developed. It is simple, user-friendly, and NordFX provides all the necessary information to make informed investments.

Any processing fees from your bank might have to be incurred by you. Yes, trading through NordFX is a nice and decent experience indeed. It’s an excellent and intuitive platform with helpful features for your ease. Moreover, you could also obtain access to a huge collection of educational tools and assistive substance to kickstart your trading experience. The process is effortless and quick, with various payment methods at your fingertips.

NordFX Review: Pros & Cons 2025 Update

NordFX provides you with a good selection of educational materials which can help keep you up to date with some of the latest market happenings. They include frequently updated Market News and Analysis, Trading Video Tutorials, Articles and a Trading Glossary. I found the educational content to be very well-presented and insightful. This can provide you with inspiration for trading ideas and also help you to brush up on your knowledge of the markets. For those of you who like to trade whilst on the go and from the comfort of your mobile devices, the NordFX MT4 app can be a great solution. They have apps for iOS and Android which enable you to get convenient access to the markets from anywhere, at any time.

NordFX Trading Videos

This ensures that traders cannot lose more than their initial investment, providing an added layer of security and risk management. NordFX offers the MetaTrader 4 (MT4) platform, a powerful online trading tool with real-time technical analysis, order execution, and a wide range of order types. When registering with NordFX you must check with regulatory body your NordFX trading account falls under.

77-85% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms. The texts on this page are not are not investment recommendations. NordFX’s Zero account offers the best trading conditions and a vast number of trading instruments to both beginners and professional traders. The tradeable assets on this account are the same as the Pro account.

It allows experienced traders to possible earn additional profit by selling their trading signals, and for beginners to learn from the experience of other by copying them. NordFX provides traders with the out-of-the-box MT4 trading platform plus the MT4 Multi Terminal for PAMM accounts. MT4 is available as a desktop client, where it remains the leader for algorithmic trading. It would be nice if NordFX offered traders much-needed plugins to set it farther apart from competitors. In our experience, NordFX’s competitive leverage, several account choices, and industry-standard MetaTrader 4 platform offer traders many prospects for success in the financial markets.

We were also quite surprised to see that they are charging 1% on Skrill as well. In addition to the standard spreads / commissions, you will also be charged a „swap fee“. This is standard in the Forex industry and is a measure of the difference between the two different interest rates on the currencies.

1. You have to keep in mind that PayPal is not available in all country.
2. NordFX is a trusted online broker offering a wide range of trading instruments, user-friendly platforms, and reliable customer support.
3. NordFX was established way back in 2008 and have won numerous awards over the years which is a testament to the quality and consistency of their trading products and services.
4. To withdraw money from NordFX, you need to log in to your account, go to the withdrawal section, select your preferred withdrawal method, and follow the instructions provided.
5. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute.
6. Their duties include performing research or analysis on a currency pair using a trading platform like NordFX.

Limited financial regulation is common for new brokers or those operating under offshore licenses to save costs. However, trading with regulated brokers is highly recommended as they may provide protection and assistance in difficult situations. If you encounter issues with NordFX, you may not receive adequate help or recourse.

You should only risk capital with NordFX that you can afford to lose.Understand your risk tolerance with NordFX, and have a trading strategy that NordFX is able to help you execute. NordFX is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments NordFX give you access too. Through NordFX’s numerous payment method options, clients are given the convenience of transferring their funds into their trading accounts with ease. You can make a deposit or withdraw your funds through card banking, Bank Wire, Neteller, WebMoney, Skrill, Perfect Money, and a lot more options to choose from. The clients must visit the client portal and choose their preferred payment method to deposit or withdraw funds.

On the Zero account, the main expense is the commission per trade. This commission is 0.0035% of the trade volume, slightly above the average market level. Traders preferring this type of account should consider this feature when planning their trading strategy. The PAMM (Percent Allocation Management Module) system offered by the broker is a time-tested tool for investors and traders, providing benefits for both parties. Forex copy trading is a simple and intuitive mechanism for capital growth.