NordFX Review 2022
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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 offers traders 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.
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 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 |
| 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
- Dragonpay
FAQ
Is NordFX Safe?
In our review we gave NordFX a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that NordFX is not FCA regulated. Extra 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 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.
- NinjaTrader vs NordFX
- NordFX vs AskoBID
- NordFX vs CGS-CIMB
- NordFX vs Dukascopy
- 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. | ||