All Share (J203) = 88 525
Rand / Dollar = 18.10
Rand / Pound = 23.50
Rand / Euro = 19.76
Gold (usd/oz) = 3 001.12
Platinum (usd/oz) = 1 001.40
Brent (usd/barrel) = 70.96
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

NordFX – Demo Account

Nord FX Demo Account

 

NordFX Demo Account mimics a live trading account and offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.

 

NordFX At a Glance

 

🔎BrokerNord FX
Company Information
📅 Year Founded2008
🏛️ HeadquartersSt. Lucia
🧑🏻‍💻 Amount of Staff150+
👩‍💻 Amount of Active Traders1.2 million+
🌐 Publicly Traded (Listed Company)No
Regulation and Security
🛡️ RegulationSaint Lucia with Registration Number 2023-00470
🌎 Country of RegulationSaint Lucia
💻 Account SegregationYes
🪫 Negative Balance ProtectionYes
🔋 Investor Protection SchemesYes (only in certain jurisdictions)
Account Types and Features
➕ AccountsMT4 Pro, MT4 Zero, MT5 Pro and MT5 Zero
💳 Institutional AccountsYes
👨‍💼 Managed AccountsYes (PAMM, RAMM)
📇 Minor Account CurrenciesUSD, EUR, JPY, BTC
💰 Minimum Deposit$10
Trading Conditions
🕞 Deposit/Withdrawal ProcessingInstant deposits, withdrawals within 1-3 business days
🪙 Fund Withdrawal FeeVaries by method
📊 Spreads From0.0 pips (Pro, Zero accounts)
💸 Commissions$3.50 per lot (Zero Account)
💱 Number of Base Currencies4 (USD, EUR, BTC, ETH)
🚀 Swap FeesYes, but swap-free available
📈 LeverageUp to 1:1000
📏 Margin RequirementsVaries based on asset and account type
☪️ Islamic Account (Swap-Free)Yes
💻 Demo AccountYes
⌛ Order Execution Time0.5 seconds average
📆 VPS HostingYes
Trading Instruments
🧾 CFDs - Total Offered40+ (CFDs, Commodities, Metals, Stocks, Oil, Gold and Indices, Crypto)
🗠 CFD Stock Indices11+
⚖️ CFD Commodities4
📜 CFD Shares100+
Deposits and Withdrawals
💳 Deposit OptionsBank Transfer, Visa, MasterCard, Skrill, Neteller, Crypto
💵 Withdrawal OptionsBank Transfer, Visa, MasterCard, Skrill, Neteller, Crypto
Trading Platforms/Tools
💻 Trading PlatformsMetaTrader 4, MetaTrader 5, MetaTrader Multiterminal
👩‍💻 OS CompatibilityWindows, Mac, iOS, Android
🖥️ Forex Trading ToolsTrading signals, AutoChartist, Economic Calendar, VPS
Customer Support
🗣️ Live Chat AvailabilityYes (24/5)
📱 Customer Support Emailsupport@nordfx.com
📞 Customer Support Contact Number+44 20 8638 6688
👾 Social Media PlatformsFacebook, Twitter, Instagram, LinkedIn
🗣️ Languages SupportedEnglish, Russian, Spanish, Chinese, Arabic, more
Educational Resources and Support
🖺 Forex CourseYes (available on the website)
🧏‍♀️ WebinarsYes
📚 Educational ResourcesVideos, Tutorials, Market Analysis
Partnerships and Programs
🪪 Affiliate Program?Yes
👨‍🏫 Amount of Partners30,000+
📋 IB ProgramYes
🚀 SponsorshipNo
🪙 Rebate ProgramYes
👉Open AccountOpen 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

 

📍 Choose your quick section of our NordFX below.

 

NordFX Demo Account – 7 key point quick overview:

 

  1. ✔️NordFX At a Glance
  2. ✔️NordFX Overview
  3. ✔️How to set up a Demo Account – Step by Step
  4. NordFX Customer Reviews
  5. NordFX Pros and Cons
  6. NordFX Conclusion
  7. Frequently Asked Questions

 

NordFX Overview

 

NordFX Demo account

 

The main purpose of a demo account is to provide traders with a risk-free account that is funded with virtual capital. The demo account can be used either as a practice account for beginners, a risk-free platform where traders can test their strategies or a way to see what NordFX offers before registering a live account.

 

The features of the demo account will depend on the type of live account that it mirrors. It will also depend on whether NordFX makes its entire platform available for traders to demo. Traders should note that trading conditions and prices given in real-time on the demo account may differ from actual prices in a live trading environment.

 

Traders have access to MetaTrader 4 through which the demo account can be accessed. MetaTrader 4 provides both beginner and professional traders with the tools, resources, and material that they need to utilise the demo account to its fullest extent.

 

How to set up a NordFX Demo Account – Step by Step

 

1.  Step 1 – Register an account

 

Traders can navigate to the official NordFX website and select the “Open a Demo Account” option from the homepage.  A new page will load, and traders can select “Create Account” to load the digital application. Traders must provide their first and last name, email address, country of residence, mobile phone number, and a user-selected password. Lastly, traders must agree that they are over 18 years of age and that they have read and accepted the Terms and Conditions, Privacy Policy, Customer Agreement, Risk Disclosure, Order Execution Policy, and all other policies.

 

NordFX Open a demo account

 

2.  Step 2 – Complete registration

 

Traders can tick the box next to “Open Demo Account” and click on “Register” to continue. The next page that loads will confirm the trader’s username, which is their email address, and the user-selected password.

 

NordFX Demo account registration

 

NordFX  Customer Reviews

 

NordFX Trustpilot

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

 

NordFX Trust stars

 

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.

 

NordFX Trust stars five

 

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.

 

NordFX Trust stars five

 

 

NordFX Pros and Cons

 

✔️ Pros❌ Cons
High leverageHigh spreads on the Fix Account
Variety of account typesNordFX does not provide a sign-up bonus to new traders
Variety of trading assetsThere are no other bonuses given to either new or existing traders
Demo account offeredThere are no rewards for loyal customers

 

NordFX Conclusion

 

Overall, NordFX Demo Account mimics a live trading account and offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.

 

You might also like: NordFX Account Types

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 is the difference between a demo and live trading account?

A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform. A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.

 

Does NordFX offer a demo account?

Yes, NordFX offer trader the option of  a demo account.

 

How long is the demo account valid?

The demo account is typically available for 30 days.

 

Which live trading accounts does NordFX offer?

NordFX offers the following live trading accounts:

      • Fix Account
      • Pro Account
      • Zero Account
      • Saving Account

 

Does NordFX offer an Islamic Account?

Yes, NordFX offers the option for an Islamic Account.

 

What are the available deposit currencies for a live trading account?

The available deposit currencies for a live trading account with NordFX is USD, EUR, CNY

Rate this post

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

July 8, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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