20,0%
Top 3
10,0%
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7,0%
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5,0%
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1,0%
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0,5%
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0,2%
Top 100+
0,05%
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NordFX Review 2024
Minimum
deposit:
deposit:
- $10
Trading platform:
- MT4
- MobileTrading
- MultiTerminal
Regulation:
- VFSC
Bonus for deposit:
- 10%
Minimum
deposit:
deposit:
- $10
Trading platform:
- MT4
- MobileTrading
- MultiTerminal
Regulation:
- VFSC
Bonus for deposit:
- 10%
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Summary of NordFX Trading Company
NordFX is a moderate-risk broker with the TU Overall Score of 6.43 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 recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews. NordFX ranks 51 among 412 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
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.
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.
| 💰 Account currency: | USD, BTC, ETH |
|---|---|
| 🚀 Minimum deposit: | Fix — $10, Pro — $100, Zero — $500, Savings - $500 |
| ⚖️ Leverage: | 1:1000 |
| 💱 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% |
👍 Advantages of trading with NordFX:
- 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 platform;
- 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.
👎 Disadvantages of NordFX:
- no MT5 platform;
- technical support service works only 5 days a week.
Evaluation of the most influential parameters of NordFX
Trade with this broker, if:
- 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.
Do not trade with this broker, if:
- 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.
Geographic Distribution of NordFX Traders
Popularity in
23.06%
VN
15.84%
TH
15.03%
MX
12.22%
PH
10.7%
CO
8.81%
MY
7.55%
EC
7.35%
IN
5.2%
UY
4.91%
CR
11.33%
Others
Video Review of NordFX i
User Satisfaction i
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Expert Review of NordFX
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.
Latest NordFX News
08.04.2024
The well-known forex broker NordFX was recognized as the best in two categories at the World Forex Award: "The Most Trusted Forex Broker" and "The Best
03.04.2023
NordFX, a brokerage company, summarized the March 2023 results.The broker's report includes information on trading activities, social trading services,
21.03.2023
Nord FX has launched a Mega Super Lottery for its clients, with a $100,000 prize pool.According to the Nord FX website, to participate in the lottery, you
Dynamics of NordFX’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets and Products of the Broker
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.
-
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.
-
FixPro-TECH Fund — minimum deposit of $1,000. The return for the previous year was 56%. The investment period is 6-12 months.
-
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
-
“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.
Trading Conditions for NordFX Users
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 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.
$10
Minimum
deposit
1:1000
Leverage
24/7
Support
| 💻 Trading platform: | MT4 MultiTerminal, MetaTrader Mobile, MetaTrader 4 |
|---|---|
| 📊 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 |
Comparison of NordFX with other Brokers
| NordFX | RoboForex | Eightcap | Exness | FreshForex | IC Markets | |
| Trading platform |
MT4, MT5, MobileTrading, Zulu Trader, Integral | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MT4, MT5 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MobileTrading | MT4, cTrader, MT5, TradingView |
| Min deposit | $10 | $10 | $100 | $10 | No | $200 |
| Leverage |
From 1:200 to 1:1000 |
From 1:1 to 1:2000 |
From 1:30 to 1:500 |
From 1:1 to 1:2000 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
| 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 0 points | From 1 point | From 0 points | From 0 points |
| Level of margin call / stop out |
40% / 20% | 60% / 40% | 80% / 50% | No / 60% | 40% / 20% | 100% / 50% |
| Execution of orders | Instant Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Market Execution |
| No deposit bonus | $8 | No | No | No | $30 | No |
| Cent accounts | No | Yes | No | No | Yes | No |
Broker comparison table of trading instruments
| NordFX | RoboForex | Eightcap | Exness | FreshForex | IC Markets | |
| Forex | Yes | Yes | Yes | Yes | Yes | Yes |
| Metalls | Yes | Yes | Yes | Yes | Yes | Yes |
| Crypto | Yes | No | Yes | Yes | No | Yes |
| CFD | Yes | Yes | Yes | Yes | Yes | Yes |
| Indexes | Yes | Yes | Yes | Yes | Yes | Yes |
| Stock | No | Yes | Yes | Yes | Yes | Yes |
| ETF | No | Yes | No | No | No | No |
| Options | No | No | No | No | No | No |
NordFX Commissions & Fees
Information
NordFXtrading conditions were reviewed by Traders Union analysts for the presence of explicit and hidden commissions.
There is no commission for replenishment; commission for withdrawal depends on the type of account and in some cases, it is also absent.
| 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 |
| NordFX | $9 | High |
| RoboForex | $1 | Low |
| Pocket Option | $8.5 | Medium |
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:
-
operates in 18 countries;
-
over 1,250,000 registered accounts;
-
Over 25,000 partners;
-
Over $30,000,000 paid to partners;
-
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 platform. 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:
-
Copy Trading is a convenient form of social trading, where experienced traders sell their trading signals to novice traders;
-
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;
-
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:
1
6 asset classes;
2
advanced CPA up to $700;
3
support is available in 14 languages.
4
second-level commission up to 10%;
5
low spread; accounts with fixed, floating spreads;
6
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.
How to Start Making Profits — Guide for Traders
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:
Account Type
Description
Fix
is the choice for novice traders. It's focused more on
people who are just trying their hand. The minimum deposit starts from $10, and the spread
starts from 2 pips. You can trade on the Fix account with 28 currency pairs, 11 cryptocurrency
pairs, 6 CFDs on indices, gold, and silver;
Pro
is perfect for experienced traders. This account has a
minimum deposit of $250 and a dynamic spread of 0.9 pips;
Zero
is an account that provides access to interbank liquidity.
It is chosen by a wide range of traders. The minimum deposit is $500;
Savings
NordFX offers a specifically developed Savings Trading Account. It is a unique solution that allows customers to get passive income about 30% per annum and increase potential profit from trades, taking a trade loan at only 3% per annum. Minimum initial deposit is $500, with redeposits as low as $100 available. Investment income is credited daily and is available for withdrawal.
Demo account
is an option for people who want to try out the offerings of
the broker, the functionality of the platform, and the practical application of the knowledge
gained during training before opening a real account.
NordFX is a broker with an innovative philosophy, where both a novice trader and a professional trader get favorable conditions to implement their strategies.
Bonuses Paid by the Broker
At the moment, NordFX does not provide bonuses to its clients and does not hold any promotions or contests.
Investment Education Online
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.
Information available in the Analysis and Education section
Unavailable information at NordFX site
Glossary
No shortcomings have been identified at the moment
Economic calendar
Useful articles
Trading signals
VPS-services
During the learning process, each instrument can be tested on a demo account.
Security (Protection for Investors)
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
Withdrawal Options and Fees
You can withdraw funds in many ways:
-
by bank transfer on USD/EUR pair. In this case, the commission of the beneficiary bank and the correspondent bank is charged;
-
Visa, MasterCard cards. The withdrawal service fee is 4% of the amount + $7.50;
-
WebMoney - 0.8%, but not more than $50;
-
Skrill — 1%.;
-
Neteller, Perfect Money — 0,5%;
-
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.
Customer Support Service
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:
-
make a free call to the numbers listed on the site;
-
write an email.
-
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 |
Email:
support@nordfx.com,
Phone: +86 108 4053677, +91 120 4533777 |
Review of the Personal Cabinet of NordFX
Register on the Traders Union website to work with NordFX and at the same time save money on commissions.
1
Follow the affiliate link to the NordFX broker website. Click the "Open Account" button on the main page.
2
Go through the verification, indicating the phone number, mail, surname and first name, and account type.
3
You will receive a confirmation number; enter it and complete the registration.
4
The following options are available in the Personal Account:
1. Information on financial transactions.
2. Personal settings.
3. Help and support.
1. Information on financial transactions.
2. Personal settings.
3. Help and support.
There are also many other useful functions and features: In your personal account you can:
-
find out information on funds: on replenishing the balance of a trading account, on the history of replenishments, on lost transfers;
-
fill out an application for withdrawing funds from the account;
-
read the platform documentation.
Disclaimer:
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.
Find out how NordFX stacks up against other brokers.
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FAQs
Do reviews by traders influence the NordFX rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about NordFX you need to go to the broker's profile.
How to leave a review about NordFX on the Traders Union website?
To leave a review about NordFX, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about NordFX on a non-Traders Union client?
Anyone can leave feedback about NordFX on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
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