NSFX does offer a demo account for first time traders. A demo account is also the perfect channel through which traders can explore what NSFX has to offer, allowing them to safely evaluate the broker’s offering before they register a live trading account.
NSFX at a glance
| Broker's Name | NSFX |
| 📍 Headquartered | Malta |
| 📅 Year Founded | 2010 |
| ⚖️ Regulating Authorities | MFSA |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | No |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:50 |
| 💰 Minimum Deposit | $300 (4 373 ZAR) |
| 💳 Deposit Options | Bank Wire Transfer Credit/debit card Skrill Neteller Fast Bank Transfer |
| 💳 Withdrawal Options | Bank Wire Transfer Credit/debit card Skrill Neteller Fast Bank Transfer |
| 💻 Platform Types | MetaTrader 4, JForex |
| 📈 Tradable assets offered | Forex Indices Metals Energies |
| 📱 OS Compatibility | Web, desktop, mobile devices |
| 👨💼 Languages supported on Website | English, Spanish, French, Russian, German, Italian, Thai |
| 👥 Customer Support Languages | Multilingual |
| 📆 Customer Service Hours | 24/5 |
| 👉 Open a account | 👉 Open Account |
Min Deposit
USD 300
Regulators
MFSA
Trading Platform
MT4, JForex
Crypto
No
Total Pairs
27
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
NSFX Demo account – 5 key points quick overview:
How to set up a Demo Account – Step by Step- NSFX Demo Account Features
- NSFX Pros and Cons
- Conclusion
- Frequently Asked Questions
How to set up a Demo Account – Step by Step
To open a demo account with NSFX, traders can follow these steps:
Step 1 : Click on “Demo Account”
Go to the broker’s website and click on “Demo Account” after which you will be navigated to the demo account registration portal.
Step 2 : Fill out the form
Complete the online registration form by providing your full name and email address, your country of residence and your telephone number.
NSFX Demo Account Features
The NSFX demo account features will depend on the trading account that traders wish to demo. Each of the live trading accounts has its own dynamic trading conditions, providing traders with versatility according to their unique trading needs and objectives.
The demo account provides the perfect platform for beginners where they can practice trading and gain experience before they take to the live trading environment. Traders can also use the demo account to develop and test their trading strategies before they risk their own capital.
A demo account is also the perfect channel through which traders can explore what NSFX has to offer, allowing them to safely evaluate the broker’s offering before they register a live trading account.
Traders can expect a range of features from both MetaTrader 4 and JForex as each trading platform provides traders with a variety of functions, tools, materials, and resources that they can use to refine and improve their trading.
Min Deposit
USD 300
Regulators
MFSA
Trading Platform
MT4, JForex
Crypto
No
Total Pairs
27
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
NSFX Pros and Cons
| ✔️ Pros | ❌ Cons |
| Demo account offered on each live trading account | None noted |
| Registration quick and hassle-free |
Conclusion
NSFX does offer a demo account for first time traders. A demo account is also the perfect channel through which traders can explore what NSFX has to offer, allowing them to safely evaluate the broker’s offering before they register a live trading account.
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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 NSFX offer a demo account?
Yes, NSFX offers traders with the option of registering and using a demo account.
How long is the demo account valid?
Demo accounts are typically valid for 30-days.
Which live trading accounts does NSFX offer?
NSFX offers the following live trading accounts:
- MT4 Fixed Account
- MT4 ECN Account
- JForex Account
Does NSFX offer an Islamic Account?
No, NSFX does not offer an Islamic Account to Muslim traders who follow the Sharia law.
What are the available deposit currencies for a live trading account?
Traders can deposit funds in these currencies:
- USD
- EUR
- GBP
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