NordFX Review 2022

NordFX offer forex trading with specific accounts for each type of investor. Spreads start from 0.0 pips while minimum deposits start at $10.

NordFX is a multiple award-winning broker that offers traders Forex, CFDs, indices, commodities, cryptos, stocks. 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, Social Trading, Signals and Auto Trading but is missing Islamic Accounts.

Cryptocurrency traders will have lots of options at NordFX, with 11 different coins to trade: BTC, ETH, DSH, BAB, BSV, XRP, ZEC, EOS, ETC, LTC and OMG.

NordFX is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

NordFX Summary

NordFX offer forex trading with specific accounts for each type of investor. Spreads start from 0.0 pips while minimum deposits start at $10.

Ratings

50%
Trust
66%
Instruments
71%
Features
BonusNone
InstrumentsForex, CFDs, indices, commodities, cryptos, stocks
Demo Account
Min. Deposit$10
Min. Trade$1
Regulated ByVFSC
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps iOS & Android
Auto Trading Automated trading capabilities via MT4 trading platform
Trade Signals Yes (via MetaQuotes Software Corp - MT4)
Social Trading
Copy Trading
Islamic Account

CFD Trading

Trade CFDs on oil, currencies, indices, and stocks

Leverage1:1000
FTSE Spread-
GBPUSD SpreadFrom 0.1
Oil SpreadFrom 0.0
Stocks SpreadFrom 0.0

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 SpreadFrom 0.4
EURUSD SpreadFrom 0.0
EURGBP SpreadFrom 0.2
Assets33

Cryptocurrency Trading

NordFX traders can trade 11 cryptos with tight spreads

SpreadFrom 1.0
CoinsBTC, ETH, DSH, BAB, BSV, XRP, ZEC, EOS, ETC, LTC, OMG

Payment Methods

NordFX accepts the following payment methods:

  • Credit Card
  • Visa
  • Mastercard
  • Wire Transfer
  • Webmoney
  • Skrill
  • Neteller
  • Perfect Money
  • Dragonpay

Awards

NordFX is a multiple award-winning broker, with 4 awards received so far.

  • Best Social Trading Network 2021 - Forex Awards
  • Best Affiliate Program 2021 - Forex Awards
  • Best Customer Support 2021 - Forex Traders Association
  • The Most Transparent Broker 2021 - World Forex Award
Risk Warning – Your capital is at risk

FAQ

Is NordFX Safe?

Yes, most likely, as we gave NordFX a trust score of 50% in this 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?

Probably not, as NordFX does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

What trading platforms does NordFX support?

NordFX only supports the MetaTrader 4 trading platform at this time.

Is NordFX Regulated in the UK?

No, NordFX is unfortunately not regulated by the FCA here in the UK. See our list of FCA regulated brokers for alternatives

Is NordFX Regulated?

Yes, NordFX is regulated by VFSC.

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.

NordFX vs
NordFX offer forex trading with specific accounts for each type of investor. Spreads start from 0.0 pips while minimum deposits start at $10.