NordFX Review: Regulation, Fees and Accounts
NordFX
St. Lucia
Your money is at risk
NordFX overview: what kind of broker is it?
NordFX is an ECN/STP/NDD forex and CFD broker based in St. Lucia, founded in 2008. Regulation: St. Lucia FSRA, FSC (Mauritius) and FSA (Seychelles).
Traders get MetaTrader 5 and MetaTrader 4, spreads from Min. Spreads from 0 pips, leverage up to 1:1000 and a $10 minimum deposit.
Tradable markets include Forex, Metals, Cryptocurrencies, Futures, Energies, Indices, Commodities and Stocks..
NordFX broker specifications
Company and regulation
| Broker | NordFX |
|---|---|
| Regulated by | St. Lucia FSRA, FSC (Mauritius) and FSA (Seychelles) |
| Type of broker | ECN/STP/NDD |
| Country | St. Lucia |
| Foundation year | 2008 |
| Website | Visit NordFX website |
| Website languages | English, Spanish, Portuguese, Chinese, Arabic, Hindi, Bengali, Farsi, Indonesian, Thai, Sinhalese, Vietnamese, Malay |
Trading conditions
| Minimum deposit | $10 |
|---|---|
| Maximum leverage | 1:1000 |
| Minimum spreads | Min. Spreads from 0 pips |
| Base currencies | USD |
| Tradable instruments | Forex, Metals, Cryptocurrencies, Futures, Energies, Indices, Commodities and Stocks. |
| Hedging / scalping | Allowed |
| News trading | No |
| Web trading | Yes |
| Mobile trading | Yes |
Bonus and promotions
| Standard no deposit bonus | No |
|---|
Contact details
| Telephone | +91 120 4533777 |
|---|---|
| Email / Skype | support@nordfx.com |
| Fax | Not available |
| Head office | Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia |
| Contact form | Contact NordFX |
NordFX pros and cons
Pros
- Regulated: St. Lucia FSRA, FSC (Mauritius) and FSA (Seychelles)
- Low $10 minimum deposit
- Spreads from Min. Spreads from 0 pips, ECN/STP/NDD execution
- MetaTrader 5 and MetaTrader 4 and more platforms
- Islamic, mini, VIP and managed accounts
- 9 deposit and withdrawal methods
- Free demo account
Cons
- News trading not allowed
- No segregated client accounts
- No no-deposit bonus
- Leverage up to 1:1000 is very high risk
NordFX account types
NordFX offers several account options so beginners and experienced traders can both find a fit. Live accounts start from a $10 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Swap-free account | Yes |
| Managed account | Yes |
| Segregated client funds | No |
Fast & easy account opening
Register
Fund
Start Trading
Instant Funding & Withdrawal
We support over 25 deposit and withdrawal methods that are most convenient for our clients in a variety of countries. Deposit starting from 10 USD, in either USD, BTC, ETH, USDT, etc.
NordFX trading platforms
NordFX runs on MetaTrader 5 and MetaTrader 4, which give you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
Currencies
Over 30 pairs, including most popular currencies, such as USD, GBP, EUR, JPY, AUD, NZD and more. Spread from 0/0 pips.
Commodities
Basic commodities traded on world markets such as gold, silver, oil and gas. Earn not only on price increases but also on its declines.
Shares & Indices
Trade 20+ world leading industry companies such as Apple, Amazon, Tesla, IBM, Intel, Visa, and major world stock indices, including S&P 500, Dow Jones, Nasdaq and others.
Cryptocurrencies
Trade the most dynamic cryptocurrencies BTC, ETH, DOGE, BNB, LTC, XRP, SOL and much more. Explore the opportunity 24/7.
NordFX deposit and withdrawal methods
The same methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Is NordFX safe and legit?
NordFX is a regulated broker. St. Lucia FSRA, FSC (Mauritius) and FSA (Seychelles).
Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:1000.
Our verdict on safety
NordFX suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
Risk warning: CFDs are complex instruments and carry a high risk of losing money quickly because of leverage. Only trade if you understand how CFDs work and can afford to lose your money.
Full NordFX review
NordFX Broker: Key Facts
Discover the comprehensive NordFX Broker Review: Uncover the top features, benefits, and trading opportunities offered by NordFX.
Related:
Official website: NordFX.
Learn more: What is forex trading? (Investopedia).
One of the key factors of successful trading is the correct choice of a company where you’ll open an account and do your trading. We’d like to highlight some of our advantages that can make trading financial markets easier, more effective and convenient.
Established in 2008.
No paperwork and office visits.
Simply choose an account type and enter your email address.
Spreads for major currency pairs are 0.2-2 pips. This cuts your expenses by far and increases profits.
3 account types, 33 Forex currency pairs, precious metals, equities investments.
Mobile MetaTrader terminals make it possible to trade anywhere.
Confident and effective trading due to stable servers and platforms.
Order execution is 0.5 seconds.
NordFX is an international broker with over 16 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.
Basic NordFX Services
- Full range of services for trading in Forex, gold, silver, crypto, oil, stocks & basic stock indexes such as Nasdaq, Dow Jones, Nikkei etc.
- Leverage up to 1:1000
- Trading platforms MetaTrader 4 and mobile applications
- Minimum deposit 10 USD
- Low spreads starting at 0 points
- Extremely fast order execution of just 0.5 seconds
- Accounts in USD, Bitcoins and Ethereums
- Trading Signals & PAMM service
- Investments in global shares through NordFX Investment Funds and special products (shares of Apple, Ferrari, Boeing, Coca-Cola, Microsoft, Visa, Google, Alibaba etc.)
- Analytical materials and economic news
- Extensive training section that includes hundreds of text, graphics and video materials
- Support 24/5
- IB reward 65% revenue share, multi-level IB commissions.
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