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NordFX

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5.2
07:12:43
Trading Conditions 3
Registration process 7
Usability 3
Deposits and Withdrawals 9
Customer Care 4

Positions of brokers in this rating are based on publicly available sources that are analyzed using AI. Broker positions in the rating may change frequently as broker information is updated regularly.

NordFX is an award winning broker operating globally. It provides traders with raw, tight spreads that start at 0.0 pips and a minimum deposit of just 10 USD.

NordFX is an international broker with over 14 years of experience in financial markets. Since 2008, the company has been awarded more than 60 prestigious professional awards. The number of accounts opened in NordFX by clients from almost 190 countries has exceeded 1,700,000 as of today.

Regulation

NordFX is licensed by the Vanuatu Financial Services Commission (VFSC).

Countries of presence

The broker operates in almost 190 countries around the world (excluding US, Canada, EU, Russia, Cuba, Sudan, Syria).

Awards

In 14 years of successful work NordFX has earned more than 70 awards, among which are:

  • Best CFD Broker Asia 2022&2023
  • Most Reliable Forex Broker Asia 2022
  • Best Crypto Broker 2022
  • THE BIZZ Business Excellence Award 2022
  • Best Social Trading Network 2021
  • Best Affiliate Program 2021
  • Best Customer Support 2021
  • The Most Transparent Broker 2021
  • World Most Reliable Broker 2020

Trading Platforms

NordFX gives its customers the opportunity to trade through MetaTrader 4, which is currently the most popular platform for online trading, available for both Windows and Linux. MT4 can also be downloaded for Android and iOS.

The broker also offers MetaTrader MultiTerminal which is intended specifically for traders and managers who work with several accounts at the same time.

Trading accounts

NordFX provides a choice of 4 types of accounts: Fix, Pro, Zero, Savings

  • The Fix account is used to trade various trading instruments, including 28 currency pairs, 13 cryptopairs, metals, CFD Indices and stocks.
  • Available leverage up to 1:1000 makes it possible to make significant profits using small starting capital with a minimum deposit of 10$. 
  • The Pro account offers both beginner and experienced traders various trading instruments, including 33 currency pairs,13 cryptopairs, metals, CFD Indices and stocks

Traders get low dynamic spreads, quote precision up to 5 digits and fast market execution. The minimum deposit is 250$.

  • The Zero account offers both beginners and experienced traders various trading instruments, similar to the Pro account.

Traders get low dynamic spreads from 0 to 1 pips, quote precision up to 5 digits and fast market execution. The minimum deposit is 500$.

  • The Savings account is a unique know-how developed by NordFX specialists, based on DeFi technology. DeFi (from the English “Decentralized Financing”) is a term for special applications in cryptocurrency or blockchain, aimed at eliminating financial intermediaries.

Trading Instruments

NordFX’s set of instruments is quite limited as compared to some major brokers, it includes 33 currency pairs – basic and exotic ones, 13 crypto pairs, just two Metals (Gold and Silver), Gas, Indices and Stocks. The full list of instruments is available to trade starting from the Pro account level.

  • Forex: 33 pairs
    EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, NZDUSD, AUDUSD, AUDNZD, AUDCAD, AUDCHF, AUDJPY, CHFJPY, EURCAD, EURCHF, EURGBP, EURNZD, EURJPY, GBPCHF, GBPJPY, NZDJPY, GBPCAD, GBPAUD, EURAUD, GBPNZD, CADJPY, USDZAR, CADCHF, NZDCHF, NZDCAD, USDSEK, USDNOK, USDCNH, USDSGD
  • Metals: 2
    XAGUSD, XAUUSD
  • Indices & Commodities: 7
    Dow Jones, SPX500, Germany 30, NAS100, Crude Oil Brent, West Texas Crude Oil, Natural Gas
  • Stocks: 24

Apple, Amazon.com Inc, Boeing, Alibaba, Bank of America, Citigroup, eBay Inc, Ford Motor Company, Facebook, Alphabet Inc Class C, IBM, Intel, Coca-Cola, Mastercard Inc, McDonalds, Microsoft, Netflix, Oracle, Pfizer, AT&T, Tesla Motors, Visa, Exxon Mobil

  • Crypto: 13 pairs

BTCUSD, BNBUSD, DOGEUSD, DOTUSD, ETCUSD, ETHUSD, FILUSD, LINKUSD, LTCUSD, MATICUSD, SOLUSD, UNIUSD, XRPUSD

Registration process

The registration process at NordFX is quick and easy – there is no need to confirm your email address or phone. You don’t have to fill in a lot of information and the interface is basic as well. Apart from personal details, you will have to indicate the type and currency of your account and choose leverage.

In addition, traders can register with social networks – Google, Facebook, Twitter.

Verification

Account verification is done in the “Upload Documents” section and card verification – in the “VISA and MasterCard Verification” section of the Trader’s Office. 

Verification allows traders to make a deposit and withdraw money via a bank card. Other payment systems are available prior to verification.

Deposits and withdrawals 

NordFX offers different methods for depositing and withdrawal of funds, including bank transfer, bank cards (VISA and MasterCard) and Online Payment systems, such as Skrill, Neteller, Webmoney, Perfect Money, Ngan Luong, PayToday, Dragonpay and a number of others that vary from country to country.

Support

NordFX support is available 24/5 in 12 languages through a live chat or via email. In some countries you can get in touch with the broker by phone as well.

Promo&Bonuses

There are only individual bonuses provided to traders by a personal manager.

Affiliate Program

NordFX has over 10 years of working with worldwide marketing leaders and webmasters and was awarded the Best Affiliate Program through the years 2019-2021. Currently the broker has 29,000 affiliates across 188 countries.

A partner can either become an Introducing Broker and get up 60% of the spread, for every client’s trade, and enjoy benefits such as:

  • Instant withdrawal of commission of any size and at any time
  • Real time commission calculation
  • Over 2,000,000 clients worldwide
  • Second level commission up to 10%
  • Personal Account Managers for every client
  • Over 25 payment systems available

Joining the award winning Affiliate Program provides such value as:

  • CPA up to $700
  • Highclients’ conversion and support
  • Progressive traffic reporting and client commission statistics
  • Sub-affiliate system
  • Multilingual variety of promotional materials
  • Innovative promotional materials, widgets, landing pages and banners

Training

NordFX clients have access to the Learning center which includes learning Forex materials for both beginner and advanced traders, and insights on tools and strategies. There is also a separate section dedicated to MT4.

Visitors of the site can go through the Glossary with the main trading terms and read Useful articles about trading and finances.