To understand whether NordFX is suitable for you or not, I recommend to pay attention to these 3 things: reputation, trading conditions, and regulation.
For how long the company is in the market?
- NordFX is in the market since 2008.
What are the main advantages here?
- NordFX has lower spreads compared to most competitors. Also, here it is possible to start trading with $5.
Did you find any reasons not to work with this broker?
- We did not find any major reason not to open an account with NordFx.
Does NordFX have swap-free (Islamic) accounts?
- Yes, NordFX is suitable for Middle-East traders.
What is the minimum deposit amount?
- It is possible to start trading at $5.
What this broker regulated?
- Yes, NordFX is compliant with MiFID and regulated by CySEC.
Anything special about spreads and margin leverage?
- MT4 (including Multiterminal) is the only trading platform offered by NordFX.
NordFX Features
| Minimum deposit | $10 |
| Cent account | ❌ |
| ECN account | ❌ |
| Typical spread | 2 |
| Avg rebate per lot | $4.80 |
| Quote accuracy | 5 |
| Execution type | IE/ME |
| Max leverage | 1:1000 |
| Trading platform | MT4 |
| Est since | 2008 |
| Regulation | VFSC |
| Pamm accounts | ❌ |
| VPS service | ✅ |
| Mobile Trading | ✅ |
| EAs/Robots | ✅ |
| Minimum trade size | 0.01 |
| Islamic account | ❌ |
Youtube Review
Suspicious reviews that we found
After it i made request of another 400 usd, and without notification they nordfx bastard team stole all the money and blocked all my account.
We found several reviews where traders say that their accounts got blocked without any particular reason without a chance to withdraw the balance.
We need to investigate the reason why accounts can be blocked.
Broker is pretty good. I am using it for 8 month. About regulation please check there site, really don’t know-it is not important for me, i think the regulation now is very weak for all brokers, i just trust my feelings – this is best regulation for me)))
The connection with server is stable and all orders are closed without this ‘no connection with server’ or ‘trading time out’, if you want to close your position it will be closed and i really like it. I like the low spreads and I am able to trade feeling secure. 2 pips for eurusd is what i need. I don’t understand brokers who still has 3 pips – it is too much for me because i like short positions. Recommend you
Claims are not all right, miracles in the terminal did not notice (execution is instantaneous), the connection is excellent, the money is withdrawn quickly.
I have been trading in NordFx for a year and a half. + 244% profit. There are no remarks in the North and there was never any time for it.
Account 1175549. They stole my profit 545 usd and blocked my account. They answered only in 1 week and said that think I was using hedging, they can’t give any evidence and left my money to themself.
I have been using Nord Fx for 6 months. During my early journey with NordFx, I found that, spread is okay and fixed just at 2 pips. I think that I don’t have much issues on term of trading wise. I mainly trade on EUR/USD since I am not prefer to open too many position in one time. So far, I found this way is much better and organized.
I’ve loss 150 USD trading with nordfx because of their platform issue. Their execution that always slow make my order late for 10 second and I’ve to hold the spread floating plus with 5-10 pips because of this slow execution that make me miss price that I want. My TP and SL sometimes not trigger and the price just pass by like I’m just open the position without any TP and SL. The worst part using their platform is it will freeze for 1-2 minutes during economic event that make you loss big opportunity to gain profit on that time. When I ask their support to improve or upgrade their platform, they just ignore my suggestion like their platform is stable to use. I’m planning to close all my account if they still not fixed this issue and find another broker that can give me better service.
I have been working with NordFx for a long time. There were demo accounts and real ones. Problems for all time was not. What I like best is the automatic withdrawal of funds. I did not notice any delays in execution in the trade. Already I do not remember I saw or not on the screen records like ‘trading time out’ or something like that. Ideally, I would like more pairs on all types of accounts and not just the coolest.
This broker is not bad at all. I made $2000 after a few weeks of trading with USDJPY, EURUSD and NZDUSD with the help of its section for newbies. I found there another traders like me and following their advises, I could manage my own strategies and implement them in my daily trading.
I have been trading with NordFX for 7 months now, with no problem at all. I started trading on my Live account when I finished practicing on my Demo account, I started with $200 and after some weeks I was able to earn $700 profit I traded cautiously. Works fine for me.
Good trader. No problems with customer service. You can always count on their professional support.
NordFX – a non-paying kitchen!
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I opened an account, and started trading.
At first everything went well. Fast execution, minimum slippage.
I registered an partner link, began to advertise this broker.
By my partner link registered trader.
I received an partner commission and traded using commissions.
But at some moment they just closed the account without warning.
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Then they sent a letter:
We inform you that for violation of the terms of the partnership agreement, which prohibits affiliates persons to participate in the affiliate program and receive a commission from trading, especially bonus funds, we are forced to cancel the affiliate commission and terminate the partnership agreement.
Deposit funds were returned back to your card. The repayment period is 3-7 business banking days.
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To my requests to explain what was the matter that I violated – no answers from the broker.
As a result, I was not given all the profits I earned.
Give me my money back!
Good broker. No problems. Works fine for me.