Nordfx Broker Review

2014 saw a continuation of honors from Academy Masterforex-V, including World Best Micro Forex Broker, World Best Broker with Trading Signals Service, and World Best Forex Dealing Service. From the Forex Awards Ratings, the broker earned the title of Best Micro Forex Broker and Best Forex Broker, Russia. Going back to 2010, the broker earned the Best Forex Dealing Service award from China’s Financial Annual Champion Awards HeXun. 2011 saw the broker earn the 7th Guangzhou International Investment & Finance Expo’s Best Forex Broker Trading China and Academy Masterforex-V’s World Best Forex Dealing Service honors. 2012 honors included a repeat of the latter, as well as the World Best Micro Forex Broker honor from the same organization and the title of Best Broker for Trading with Advisors from the IAFT Awards. This fund has a minimum investment amount of $1,000 USD with an investment period between six months and a year.

We were also quite surprised to see that they are charging 1% on Skrill as well. If you are going to be trading equity indices then you will be charge a flat fee or commission on the size of the position. In addition to the standard spreads / commissions, you will also be charged a “swap fee”. This is standard in the Forex industry and is a measure of the difference between the two different interest rates on the currencies.

#5 Deposit And Withdrawal Options

Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. Our would not be complete if we did not go over some of the aspects that we did not really like and that warrant improvement. Finally, they have included two quite extensive eBooks that you can download and read offline. These are the beginners guide to Forex trading as well as a more advanced eBook. These are great as they have questions and answers at the end of them to test your knowledge.

Does RoboForex allow hedging?

RoboForex is one of the first companies to introduce MetaTrader5 platform with the hedging position accounting system. From now on, our clients can use the locking option with the benefit of all other features of the most advanced trading terminal.

Some of them are bank wire, credit cards, Skrill, Qiwi, WebMoney, Neteller, VixiPay, OKPay, Fasapay, and many more. The withdrawals are processed very fast, so you do not have to wait longer than a few days for the money to appear in your account. The broker’s history is not that long since the broker had joined the online Forex trading business in 2008.

Nordfx Zero Account

The only limitation might be the minimum deposit, but the Fix account can be a great alternative for traders starting off with less money. The research provided by NordFX is rather light, but the educational section is solid. Asset selection is overall limited but should be sufficient for retail traders. Regrettably, only the fundamental MT4 trading platform is available.

It is specifically created for traders and managers who prefer to use several trading accounts. The process of placing buy and sell orders is also very fast on MetaTrader 5. Traders can also expect a more accurate price dynamics analysis, advanced indicators and high speed of order execution when using the platform. MetaQuote, the developer of the MetaTrader 5 trading platform, states that it provides comprehensive real-time technical analysis as well as efficient exchange trading. All traders on NordFX have access to over 60 financial instruments. Below is the list of some of the markets that can be traded on NordFX.

You probably already knew that one of the platforms was the Meta Trader 4, and you were right. The MT4 offers different timeframes for trading operations, testing of your own strategy indicators, instant execution, news feeds, etc. The MT5 is somewhat like an improved MT4, but still, many stay with the MT4. The MT5 offers five different execution types, 21 timeframes, creation of own Forex robots, almost 40 built-in indicators, etc.

Nordfx Review: Complete Broker Overview

NordFX offers 33 currency pairs, gold, silver, 11 crypto pairs, 6 CFD indicies, 64 stocks for trading on MetaTrader 4 terminal and CopyTrading service. This can reduce your overall costs and increase your profitability. At the time of writing, there were an estimated 37 FX pairs , as well as 6 different account types. With NordFX, clients get to enjoy full mobile functionality on Android and iOS devices, in addition to PC and Mac functionality. Speed of transactions processing is another feather in its cap, with execution times of just 0.5 seconds.

  • If you are going to be trading equity indices then you will be charge a flat fee or commission on the size of the position.
  • NordFX offers its customers MetaTrader 4 for trading platform, also customized for usage on iOS and Android mobile devices.
  • NordFX is one of the leading broker companies providing services on international online currency markets.
  • The minimum deposit requirements range between $500 and $2,000 with an investment timeframe from three months to one year.
  • Telephone support also exists for traders from Russia, Egypt, India and China.
  • The customer service provides a chatbot or live chat where customers can instantly get answers to their queries.

For example, you can do charting, manage orders, overlay indicators etc. This is the language that is used to code Bots and algorithms which can trade the markets automatically and continuously. If you trade high Forex volumes then the Zero account could be for you – watch those lot commissions though. When it comes to execution of the orders, the Fix account is executed immediately whereas all the other accounts have market execution. For example, if you are going to be withdrawing via credit card you will have to pay the 4% (on top of the 1-4% for funding).

Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as BlackBull Markets and FBS Broker. This company offers low cost and commissions on high quality services to increment their clients’ profit. Between 74-89% of retail investor accounts lose money when trading CFDs. Users should remember that all trading carries risks and users should only invest in regulated firms. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate.

Trading Platforms

Opening a trading account at NordFX only takes a few moments, as the process remains hassle-free and without unnecessary steps or questionnaires. New traders must provide their name, e-mail, phone number, and country. They must also select the desired account type and leverage, plus the account base currency. Traders may use their Google, Facebook, or Twitter accounts to complete this step. This website includes information about cryptocurrencies, contracts for difference and other financial instruments, and about brokers, exchanges and other entities trading in such instruments.

How do I withdraw money from NordFX?

To withdraw funds, you need to log in to the Trader’s Cabinet, go to the “Withdrawal” section, select the desired payment system and make a request.

I read an article on as regards to a recovery expert and genius so I reached out to SCAM RECOVERY SITE, and to my surprise I got all bitcoins recovered within 24hours frame. NordFX Forex dealer uses among the best trading platforms with awesome features that enhance a client’s trading experience. The two platforms used are the MetaTrader 4 and MetaTrader 5 platforms.

Account Opening

If you’re a new trader, you can create a Fix, Pro or Zero trading account with NordFX. These different accounts will allow you to trade on several assets such as indices, cryptocurrencies, forex, stocks, and metals. Getting to grips with a new trading platform can seem a complex task, so a solid customer service team is often a key consideration – especially for the less experienced trader. Fortunately, our NordFX review found the platform to have a fairly comprehensive if unremarkable offering in this area. Lines are manned 25 hours a day, 5 days a week and an agent should respond in under two minutes. There’s also the option to get in touch via email or through social media channels, if the query is less urgent.

Is forex illegal in USA?

US residents can trade Forex. Before we move on any further, it is vital to state that Forex trading in the US is not prohibited. A trader from the US can trade FX online as easily as a person living in Europe or Australia. However, the main difference lays in the variety of brokers a trader can choose from.

The process for setting up an account with Nord Fx is quick and painless! All you need to do is go to their website at, go toAccountsand choose which one you want to create by clicking‘Open Account’under that option. They will ask for details including your name, email, phone, account type, currency you wish to deposit in, and credit leverage you wish to use.

Nordfx Video Review

Axitrader is an online Forex trading platform offering its services to clients all over the world. The brokerage company has a wide range of resources for education. Traders can access all these valuable content from brokers learning centre.

Who is the owner of FXTM?

Exinity Group employs over 800 staff in over 10 offices around the world. Since FXTM’s launch in 2011 we have grown rapidly thanks to a culture that encourages innovation and global collaboration.

The brokerage firm offers three core account types, each with a minimum deposit of $100 and competitive spreads. Traders can trade more than 100+ financial instruments from various financial markets. NordFX is a global forex and cryptocurrency trading application that started in 2008 and currently has 1.2 million customers across 100+ countries.

The Account type is called Zero Account because you can also find spreads that are close to zero which offers amazing value. These will give you access to the different spreads, markets and platforms. The fix account is an account for traders that exposes them to a wide range of trading instruments such as currency pairs, gold, and cryptocurrencies. NordFX has a host of trading accounts each with its own distinct specifications that have been designed for all customer tastes. These trading accounts will either teach you how to trade by giving you the basics on trading or let you execute trades. Among these trading accounts are the demo account, the fix account, the pro account, the zero account, and the crypto account.

The trading platforms, MT4 and MT5 are standardised, but users can customise what is displayed and where. You can access NordFX customer support by clicking on the support button by the top right of the page. Alternatively, you can click on Contact in the main navigation menu. This will take you to the contact form, which asks for crucial information. Start by selecting the department you wish to contact, with options including customer service, payments, technical support, marketing, introducing brokers, and human resources.

New investors with limited amounts to invest can also use these funds to take advantage of professional asset management. The features of the Android platforms available from NordFX are essentially identical to those of iOS platforms, including the full list of features mentioned above. The Android application has an intuitive interface and delivers the features of MetaTrader 4. Because of its popularity and widespread use, NordFX traders can use MetaTrader 4 on a lengthy list of devices. There are desktop versions for both Windows and Mac as well as mobile applications for both Android and iPhone.

If you are going to be using them then the most optimal trading setup is to get yourself a trading Virtual Private Server . With this, you can leave your EA trading from a dedicated machine all the time. NordFX also includes an economic calendar on their website which you can use to track the latest Economic releases and announcements. However, if you have the MT5 platform then you will have a comprehensive version there at least.

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