NordFX Review 2021
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| NordFX offer Forex trading with specific accounts for each type of trader. Zero accounts offer spread from 0 pips, while the Crypto offers optimal cryptocurrency trading. Open account from just $10. | ||
NordFX is broker that gives traders access to Forex and Cryptocurrency. NordFX allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.
In terms of features offered to traders, NordFX has Demo Accounts, Islamic Accounts, Signals and Auto Trading but is missing Social Trading.
Cryptocurrency traders have a very decent number of coins to trade at NordFX, 10 in fact: BTC, ETH, DSH, BCH, XRP, ZEC, EOS, ETC, LTC and OMG.
Careful traders will be reassured knowing that NordFX is licensed to offer trading services by several regulators, 2 in fact. Note, however, that the FCA here in the UK is not among the list of overseeing regulators. Careful traders might want the extra safety of going with an FCA-regulated broker.
NordFX Summary
NordFX offer Forex trading with specific accounts for each type of trader. Zero accounts offer spread from 0 pips, while the Crypto offers optimal cryptocurrency trading. Open account from just $10.
Ratings
| Bonus | None |
|---|---|
| Instruments | Forex, Crypto |
| Demo Account | ✓ |
| Min. Deposit | $10 |
| Min. Trade | $1 |
| Regulated By | VFSC, CySec |
| MetaTrader 4 | ✓ |
| MetaTrader 5 | ✗ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✗ |
| Mobile Apps | iOS and Android |
| Auto Trading | Automated trading capabilities via MT4 trading platform |
| Trade Signals | Yes (via MetaQuotes Software Corp - MT4) |
| Social Trading | ✗ |
| Copy Trading | ✗ |
| Islamic Account | ✓ |
Forex Trading
Trade 33 Forex pairs with spreads from 0.0 with the 'Zero' account. Prices quoted to 5 decimals places, and leverage up to 1:1000
| GBPUSD Spread | From 0.0 |
|---|---|
| EURUSD Spread | From 0.0 |
| EURGBP Spread | From 0.0 |
| Assets | 33 |
Cryptocurrency Trading
With the cryptocurrency pairs available on all accounts, NordFX traders can trade with spreads of just 1 pip. Trade 11 Crypto pairs with low commission.
| Spread | From 1 pip |
|---|---|
| Coins | BTC, ETH, DSH, BCH, XRP, ZEC, EOS, ETC, LTC, OMG |
Payment Methods
NordFX accepts the following payment methods:
- QIWI
- Yandex Money
- Perfect Money
- Cashu
FAQ
Is NordFX Safe?
Yes, most likely, as we gave NordFX a trust score of 60% in our review. The main negative factor in this score is that NordFX is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.
Does NordFX Accept PayPal?
No, NordFX does not accept PayPal payments.
Is NordFX Halal?
Yes, NordFX does offer an Islamic trading account and should thus be Halal to trade with.
What trading platforms does NordFX support?
NordFX only supports the MetaTrader 4 trading platform at this time.
Is NordFX Regulated?
Yes, NordFX is regulated by 2 different regulators: VFSC and CySec.
The fact that NordFX is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for alternatives.
NordFX vs Other Brokers
If you want to compare NordFX with other brokers, use the detailed comparisons below.
- NinjaTrader vs NordFX
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- NordFX vs M4Markets
- NordFX vs NicoFX
- TeraFX vs NordFX
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| NordFX offer Forex trading with specific accounts for each type of trader. Zero accounts offer spread from 0 pips, while the Crypto offers optimal cryptocurrency trading. Open account from just $10. | ||