NordFX offers 4 live trading accounts to traders, MT4 Pro, MT4 Zero, MT5 Pro and MT5 Zero. NordFX also offers a Demo account where traders can learn the basics of Forex trading as well as an Islamic account option.
At a Glance
| 🔎Broker | Nord FX |
| Company Information | |
| 📅 Year Founded | 2008 |
| 🏛️ Headquarters | St. Lucia |
| 🧑🏻💻 Amount of Staff | 150+ |
| 👩💻 Amount of Active Traders | 1.2 million+ |
| 🌐 Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️ Regulation | Saint Lucia with Registration Number 2023-00470 |
| 🌎 Country of Regulation | Saint Lucia |
| 💻 Account Segregation | Yes |
| 🪫 Negative Balance Protection | Yes |
| 🔋 Investor Protection Schemes | Yes (only in certain jurisdictions) |
| Account Types and Features | |
| ➕ Accounts | MT4 Pro, MT4 Zero, MT5 Pro and MT5 Zero |
| 💳 Institutional Accounts | Yes |
| 👨💼 Managed Accounts | Yes (PAMM, RAMM) |
| 📇 Minor Account Currencies | USD, EUR, JPY, BTC |
| 💰 Minimum Deposit | $10 |
| Trading Conditions | |
| 🕞 Deposit/Withdrawal Processing | Instant deposits, withdrawals within 1-3 business days |
| 🪙 Fund Withdrawal Fee | Varies by method |
| 📊 Spreads From | 0.0 pips (Pro, Zero accounts) |
| 💸 Commissions | $3.50 per lot (Zero Account) |
| 💱 Number of Base Currencies | 4 (USD, EUR, BTC, ETH) |
| 🚀 Swap Fees | Yes, but swap-free available |
| 📈 Leverage | Up to 1:1000 |
| 📏 Margin Requirements | Varies based on asset and account type |
| ☪️ Islamic Account (Swap-Free) | Yes |
| 💻 Demo Account | Yes |
| ⌛ Order Execution Time | 0.5 seconds average |
| 📆 VPS Hosting | Yes |
| Trading Instruments | |
| 🧾 CFDs - Total Offered | 40+ (CFDs, Commodities, Metals, Stocks, Oil, Gold and Indices, Crypto) |
| 🗠 CFD Stock Indices | 11+ |
| ⚖️ CFD Commodities | 4 |
| 📜 CFD Shares | 100+ |
| Deposits and Withdrawals | |
| 💳 Deposit Options | Bank Transfer, Visa, MasterCard, Skrill, Neteller, Crypto |
| 💵 Withdrawal Options | Bank Transfer, Visa, MasterCard, Skrill, Neteller, Crypto |
| Trading Platforms/Tools | |
| 💻 Trading Platforms | MetaTrader 4, MetaTrader 5, MetaTrader Multiterminal |
| 👩💻 OS Compatibility | Windows, Mac, iOS, Android |
| 🖥️ Forex Trading Tools | Trading signals, AutoChartist, Economic Calendar, VPS |
| Customer Support | |
| 🗣️ Live Chat Availability | Yes (24/5) |
| 📱 Customer Support Email | support@nordfx.com |
| 📞 Customer Support Contact Number | +44 20 8638 6688 |
| 👾 Social Media Platforms | Facebook, Twitter, Instagram, LinkedIn |
| 🗣️ Languages Supported | English, Russian, Spanish, Chinese, Arabic, more |
| Educational Resources and Support | |
| 🖺 Forex Course | Yes (available on the website) |
| 🧏♀️ Webinars | Yes |
| 📚 Educational Resources | Videos, Tutorials, Market Analysis |
| Partnerships and Programs | |
| 🪪 Affiliate Program? | Yes |
| 👨🏫 Amount of Partners | 30,000+ |
| 📋 IB Program | Yes |
| 🚀 Sponsorship | No |
| 🪙 Rebate Program | Yes |
| 👉Open Account | Open Account |
Min Deposit
USD 10
Regulators
Saint Lucia
Trading Platform
MT4, MT5, MetaTrader Multiterminal
Crypto
Yes
Total Pairs
30+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
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Official Site
NordFX Account Types – 9 key point quick overview:
- ☑️At a Glance
- ☑️Overview
- ☑️NordFX Account Types
- ☑️Demo Account
- ☑️Islamic Account
- ☑️Customer Reviews
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
Overview
NordFX is a well-regulated and well-established STP, ECN, and NDD broker which is based in Vanuatu and Cyprus, with respective regulation and authorization with the Saint Lucia with Registration Number 2023-00470.
NordFX has been offering comprehensive trading solutions and the trade in a variety of forex and CFD instruments since 2008. NordFX is owned by the NFX Capital Group with the global brand being operated by NFX Capital VU, Inc. and the European brand operated by NFX Capital CY, Ltd.
NordFX has more than 1.2 million traders from more than 100 countries worldwide that use its trading solutions and services. The NordFX website is offered in 14 languages and NordFX has won more than 46 industry awards since its establishment.
NordFX Account Types
NordFX offers traders with a choice between four different live accounts. Each of these accounts were designed to cater for different levels of traders, from beginners up to professionals. The features of these accounts reflect the traders that they are intended for, and they allow traders to level up from one to the next seamlessly.
In addition to the live trading accounts, traders are also given with the option of converting their live trading account to that of an Islamic Account. There are also demo accounts available which can be used for a variety of purposes, including a practice account, an account to test trading strategies, and a risk-free option to explore what NordFX has to offer.
| 💠Feature | 📈 MT4 Pro | 📈 MT4 Zero | 📈 MT5 Pro | 📈MT5 Zero |
| 📊 Minimum Deposit | $10 USD /R172 ZAR | $100 USD /R1720 ZAR | $50 USD /R860 ZAR | $200 USD /R3438 ZAR |
| 📈 Spreads | from 10 pips | from 0.0 pips | from 10 pips | from 0.0 pips |
| 💵 Fees | No Commissions | 0,0035% per trade (each side) | No Commissions | 0,0035% per trade (each side) |
| 💳 Leverage | up to 1:1000 | up to 1:1000 | up to 1:1000 | up to 1:1000 |
| 👉 Open an Account | 👉 Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
Demo Account
NordFX provides traders with the option of a demo account which can be used in the following ways:
- A practice account for beginner traders, allowing them to gain trading experience and skill
- An account where more advanced traders can test their trading strategies using virtual capital before they risk their own
- A risk-free environment to explore what NordFX offers traders
Islamic Account
An Islamic, or swap-free, trading account is one that is allowed by Islamic Sharia law. These accounts are based on the Islamic principle where interest is not applied to positions that are held open for longer than a trading day after the trading day has concluded.
Islamic Accounts are provided by brokers who serve Middle Eastern clients along with clients from other jurisdictions and offers certain features that are in line with the Sharia law, which prohibits the accrual of interest on funds deposited into the account.
NordFX offers Muslim traders who follow the Sharia law the option of converting any of the live trading accounts into that of an Islamic Account, exempting these traders from overnight fees.
Customer Reviews
14 Years of Legacy in Forex Broking…
14 Years of Legacy in Forex Broking Business. NordFx is one of the prominent player in Fx Broking Industry with prompt payouts
The easiest platform to trade
The easiest platform to trade. The deposit and withdrawal are quickly procced. Good customer support as well. The staff is very professional and friendly.
I am trading for the last three years in…
I am trading for last three years in the market but so far now Nordfx is the best broker that i find. The spreads are competitive and the customer support team is best.
Pros and Cons
| ✔️ Pros | ❌ Cons |
| High leverage | High spreads on the Fix Account |
| Variety of account types | NordFX does not provide a sign-up bonus to new traders |
| Variety of trading assets | There are no other bonuses given to either new or existing traders |
| Demo account offered | There are no rewards for loyal customers |
Conclusion
NordFX offers 4 live trading accounts to traders, a Fix account, a Pro account, a Zero account, Savings account. NordFX also offers a Demo account where traders can learn the basics of Forex trading as well as an Islamic account option.
You might also like: NordFX Demo Account
You might also like: NordFX Fees and Spreads
You might also like: NordFX Islamic Account
You might also like: NordFX Minimum Deposit
You might also like: NordFX Sign up Bonus
Min Deposit
USD 10
Regulators
Saint Lucia
Trading Platform
MT4, MT5, MetaTrader Multiterminal
Crypto
Yes
Total Pairs
30+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Frequently Asked Questions
What spreads can I expect with NordFX?
You can expect spreads that start from 0.1 pips on major forex pairs such as EUR/USD.
Is NordFX a recommended forex trading broker for experts and beginners?
Yes, NordFX is recommended for use by both/either beginners or experts.
Does NordFX offer an Islamic Account?
Yes, NordFX offers the option for an Islamic Account.
Does NordFX charge withdrawal fees?
Yes, NordFX charges the following withdrawal fees:
- Debit/credit card – 20 EUR or equivalent per transaction for withdrawals up to $200 (2 915 ZAR)
- Debit/credit card – 30 EUR or equivalent per transaction for withdrawals between $200 (2 915 ZAR) and $1000 (14 577 ZAR)
- Debit/credit card – 3% of the transaction for withdrawals of more than $1000 (14 577 ZAR)
- UnionPay – from $12 up to a maximum of $30 (437 ZAR)
- Neteller and Skrill – 5% of the transaction
How long does it take to make a withdrawal?
Withdrawals can take between minutes up to a few business days depending on the amount withdrawn and the payment method used to withdraw funds.
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