All Share (J203) = 89 519
Rand / Dollar = 18.22
Rand / Pound = 23.53
Rand / Euro = 19.81
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.17
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

NordFX – Fees, Spreads and Commissions

Nord FX Fees and Spreads

 

NordFX Fees Spreads and Commission vary according to the account type the trader uses. Their spread list starts from 0.00 to 2 pips. Leverage ranging from 1:100 upwards. Standard lot sizes and commissions are determined on the account selected. With a minimum deposit that is $10 USD/R172 ZAR.

 

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

 

10 Best Forex Brokers in South Africa for 2025

Rank

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Review

Regulators

Min Deposit

Official Site

#1

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$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

CySEC, MWALI, FSCA

$25

#4

CySEC, FCA, FSA, FSCA

$100

#5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#6

CySEC, ASIC, FSA, BVI, FSCA

$25

#7

ASIC, CySEC, FSA, SCB

$200

#8

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

#9

FCA, CySEC, FSCA, SCB

$100

#10

FSCA, FSC, ASIC, CySEC, DFSA

$5

#1

4.8/5

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#2

4.7/5

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#3

4.7/5

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#4

4.4/5

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#5

4.7/5

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#6

4.0/5

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#7

4.7/5

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#8

4.8/5

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#9

4.5/5

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#10

4.9/5

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NordFX Fees and Spreads – 8 key point quick overview:

 

  1. ☑️At a Glance
  2. ☑️Overview
  3. ☑️NordFX Additional Trading Fees
  4. ☑️NordFX Broker Fees
  5. ☑️Customer Reviews
  6. ☑️Pros and Cons
  7. ☑️Conclusion
  8. ☑️Frequently Asked Questions

 

Overview

 

NordFX Fees and Spreads and Commissions

 

NordFX’s spread list starts from 0.1 pips on major forex pairs.

The trading fees, spreads, and commissions that traders can expect from NordFX are as follows:

  • Spreads from 0.1 pips on major forex pairs despite of the trading account type.
  • Commissions from 0,0035% per trade (each side)MT5 Zero account and MT4 Zero account.
  • An overnight daily margin interest fee of 3,8% annually is applied on MT5 Pro and MT5 Zero accounts.

 

NordFX Additional Trading Fees

 

NordFX debits/credits overnight fees, also known as swap fees, when trades are kept open overnight after the trading day has concluded. The cost of these are calculated as the overnight interest rate differential between the two currencies on which the position is held, depending on the type of position (whether long or short).

 

Muslim traders who follow the Sharia law, which subsequently considers any type of interest as wasteful, are provided with the option of converting their live account into an Islamic Account, exempting them from such interest.

 

NordFX Broker Fees

 

NordFX Broker fees

 

NordFX charges deposit fees on UnionPay, with 3.25% of the transaction going towards the broker. The withdrawal fees that traders can expect will depend on the payment method used, as follows:

  • 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

 

Apart from the fees indicated, there are no other broker fees. However, conditions may change and there may be fees charged that are not covered in this review. Traders must ensure that they verify all trading and non-trading fees before registering a trading account.

 

As This is not a spread betting broker, spread betting fees will not apply.

 

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 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

 

Conclusion

Overall, Their Fees Spreads and Commission vary according to the account type the trader uses. NordFX spread list starts from 0.00 to 2 pips. Leverage ranging from 1:100 upwards. Standard lot sizes and commissions are determined on the account selected. With a minimum deposit that is $10 USD/R172 ZAR.

 

You might also like: NordFX Account Types

You might also like: NordFX Demo Account

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

 

How many instruments can I trade with NordFX?

You can trade more than 170 financial instruments from these asset classes:

 

Which platforms are supported by this broker?

NordFX only offers the use of MetaTrader 4 over web, desktop, and mobile.

 

Does NordFX offer leverage?

Yes, NordFX offers leverage of up to 1:30 to retail clients and 1:200 for professional clients.

 

What spreads can I expect with this broker?

You can expect spreads that start from 0.1 pips on major forex pairs such as EUR/USD.

Are there additional charges on the Islamic account?

No, there are no additional charges indicated for the Islamic Account.

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Rate this post

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

September 26, 2024

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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